OptionBit Review
OptionBit has been in the trading business since 2009. They offer a web based platform, available in 12 different languages and serve clients worldwide. The user friendly platform offers multiple trading options and the trader has the ability to customize the platform to accommodate a preferred trading style. OptionBit is designed with flexibility in mind for the trader who may trade one asset or multiple assets.
OptionBit offers payouts as high as 181%. That means for trades that finish in the money, the payout is as much as 181% above the initial investment. If your investment was $500, your payout could be as high as $500+$905 for a total of $1405. That is a very healthy return for a small investment.
& To Get Started!
OptionBit offers customer support through email, online chat and telephone from 2:00 AM to 7:00 PM eastern time. Email support can be submitted through the online email form on their website and telephone support is only available in the United Kingdom, the United States and Spain at the present time. For traders who may have a question or need help with a particular trade, will find a team of market analysts on call ready to help.
OptionBit offers several features that are quickly becoming a fan favorite. The Roll Over option allows traders to monitor the expiration time for a trade and if the trade appears it will not finish in the money, the trader has the ability to extend the trade deadline and hopefully allow the trade to end with a profit rather than a loss. One other feature that is helping traders profit from their trade is a feature called Close Now. This enables the trader to close a trade before the official end of the trade if the trade looks to finish in the money, but suddenly changes direction.
Setting up an account is easy and quick. The registration form can be found and submitted online. Accounts do not have to be funded until a trade is to be made. OptionBit often offers a 20% deposit bonus for traders that deposit 500 in their currency. That gives the trader an extra 20% to use for trades. Bonuses up to 40% are offered for high than 500 deposits.
Binary option trading is based on a time frame and OptionBit requires traders choose from the OptionBit time frames rather than traders being allowed to choose their own time frames. Experienced traders see this as a pit fall rather than a helpful trading tool.