WMoption was a binary options broker that opened in July 2015, and running on the user friendly TraderSoft binary trading platform. Their website and customer service is available in English and Arabic.
They offer Quick Options, Range Options, High / Low and One Touch Options. The High Low binary options have a return of 83% on the EUR/USD pair. Traders can also use the 60 second, 90 second, 2 minute, 3 minute, and 5 minutes options. They have available more than 120 assets to trade including Forex Options, Options on Oil, Silver and Gold, plus a variety of stocks.
Another benefit to using a broker with the Trader Soft platform, is that it is integrated with a ton of automated trading robots, and trading signals software, read more here.
Traders at WMoption can expect to receive daily phone calls from a personal account manager offering new trading ideas. The smallest account type is called the Rookie Account. The minimum deposit is $250 – $500. The minimum trade size is $5. Their mobile trading app for iOS and Android are now available.
When opening account account, there are a variety of bonus offers you will see. These offers include 20% – 100% bonus money, or risk free trades. When you read the terms and conditions of the bonus offers, you will notice that the trading volume requirement for withdrawal of your money.
To withdraw your bonus, you will be asked to perform a trading volume of at least 30 times for each $1 bonus.
This is an often misunderstood promotion and is the cause of most trader complaints, when they want to withdraw their money.
License & Regulation
When investors and day traders look for a binary options brokers, they more often then not look for a licensed broker.
WMoption does not have a license from the FCA or CySEC. We saw on their “About Us” page, a licensed from Vanuatu for Arrow capital Ltd.
Address: Orion Service EOOD, 39 Aleko Konstantinov st, Sofia, Bulgaria. Phone Numbers are; United Kingdom: +44 203 519 8586, South Africa: +27 21 300 9275, Canada: (450) 915-0949.
Email: [email protected]. Website: http://wmoption.com