365Trading Binary Broker Review

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Option365 Review

Option365

Broker Option365
US Traders Accepted
Company Name Tradeplus Solutions Ltd.
Headquarters London, UK
Regulation No
Bonus Type Match bonus
Bonus Size 100%
Max Payout 176%
Out-of-Money Reward 20%
Trading Platform SpotOption
Deposit Options Credit/debit card, wire transfer, Skrill, Neteller, QIWI, WebMoney, RBK Money, Japan Post Bank
Deposit Currencies US dollar, euro, British pound, Japanese yen
Minimum Deposit $250
Minimum Trade $10
Maximum Trade $2,500
Online Since 2020
Trading Instruments Currencies:
AUD/CAD, AUD/CHF, AUD/JPY, AUD/NZD, AUD/USD, Bitcoin/USD, CAD/JPY, CHF/JPY, EUR/AUD, EUR/CAD, EUR/GBP, EUR/JPY, EUR/TRY, EUR/USD, GBP/AUD, GBP/CAD, GBP/CHF, GBP/JPY, GBP/TRY, GBP/USD, Litecoin/USD, NZD/USD, TRY/JPY, USD/CAD, USD/CHF, USD/JPY, USD/KRW, USD/NOK, USD/RUB, USD/SEK, USD/TRY, USD/ZAR
Commodities:
Coffee, Copper, Corn, Crude, Gold, MCX Aluminium, MCX Copper, MCX Crude, MCX Gold, MCX Lead, MCX Natural Gas, MCX Nickel, MCX Silver, MCX Zinc, Palladium, Platinum, Silver, Soybeans, Sugar, Wheat
Indices:
Abu Dhabi General, BOVESPA, Bund future, CNX NIFTY, DAX Future, Dow Jones, Dubai General, EGX 30 Cairo, FTSE 100, FTSE MIB, Hang Seng 40, ISE 100, ISE 30, Kuwait 15, MDAX, MICEX, NASDAQ, NASDAQ 100 Future, Nikkei 225, RTS index, S&P Future, SPI 200 FUTURE, South Africa 40, TADAWUL, TAIEX, Tel Aviv 25, Topix 500
Stocks:
3M, A.S. Roma, ABB LTD, AFC Ajax, AMAZON, Abercrombie & Fitch, Acer, Adidas, Agricultural Bank of Chin, Akbank, Alcoa, Alibaba, Allianz, Aluminum Corp of China Lt, Apple, Aviva, Avner Oil Exploration, BAIDU, BB&T, BHP Billiton, BMW, BP, BR Malls SA, Bank Hapoalim, Bank of China Ltd, Barclays plc, Bayer AG, Beiersdorf, Best Buy, Bezeq, Bharti Airtel, Blackrock, Boeing, Borussia Dortmund, British Sky Broadcasting, CISCO, CITIC Securities, Cannabis Sativa, Capital One, Capitaland, Caterpillar, Celtic F.C., Cetip SA, China Everbright Bank Co, China First Heavy Industr, China Merchants, China Minsheng Banking Co, China Pacific Ins., China Petroleum & Chemica, China Shipbuilding Indust, China State Construction, China United Network Comm, Chipotle Mexican Grill, Citigroup, Coal India, Coca Cola Co, Colgate-Palmolive, Commerzbank, Cyrela Brazil SA, DBS Group Holdings, DLF Limited, Daimler, Delek Drilling, Delek Group, Delta Electronics, Deutsche Bank, Deutsche Telekom, EBAY, Elbit Imaging, Elbit Systems, Electronic Arts, Eli Lilly, Erdemir, Estee Lauder, Etsy Inc, Exxon Mobil, F & N, F.C. Porto, Facebook, FedEx, Fenerbahce, Fiat, Finmeccanica, Fossil Group, GD Power Development Co L, GF Securities Co Ltd, Galatasaray, Garanti Bank, Gazit Globe, Gazprom, General Electric, Genting SP, Google, HSBC, HTC, Haitong Securities Co Ltd, Home Depot, IBM, IDFC Ltd, ING group, INTEL, ISBank, Industrial Bank, Industrial and Commercial, Infineon Technologies, Infosys, Isramco Negev, JPMorgan, Juventus F.C., Kardemir, Konami, Kweichow Moutai, Lendingclub, Linkedin, Lojas Renner SA, Lufthansa, Lukoil, Luxottica, Luzhou Lao Jiao, Manchester United, Mastercard, McDonald’s, Melisron, Merck, Metallurgical Corporation, Microsoft, Migdal, Mizrahi Tefahot Bank, Momo, Morgan Stanley, Natura Cosmeticos SA, Nike, Norilsk Nickel, OPKO HEALTH, Osem Investment, PepsiCo, Petrobras SA, Ping An Insurance, Qassim Cement, RBS, ROCHE, Randgold Resources, Reliance Industries, Rosneft, SANDISK, SAP, Saudi Ceramic, Sberbank, Severstal, Shenzhen Develop., Siemens, Sina, SingTel, Sohu.com, Sony, State Bank Of India, Strauss Group, Suning Commerce Group Co, TCL Corp, TJX Companies, Taiwan Cement, Taiwan Mobile, Target Corporation, Tata Consultancy, Tesla Motors, Teva, The First International B, ThyssenKrupp, Time Warner, Turkcell, Turkish Airlines, Twitter, UBS, US Steel, Ulta Salon, Ultrapar SA, UniCredit, Urban Outfitters, Vale SA, Virgin America, Visa, Vodafone Group, Volkswagen, Wuliangye Yibin, YAHOO, Zte Corporation, iShares EEM
Number of Trading Instruments 265
Binary Option Types High/Low, Touch, Range, Turbo, One Touch
Customer Support Types Live chat, phone, email, web form, paper mail
Education Offered One-on-one training, webinar sessions, glossary, FAQ, trading academy
Tools Offered 4 risk-free trades, account manager, trading signals, interest on investments (up to 5% annually), market reviews, double up, rollover, early close.
Languages English, Russian
Demo Account Yes, deposit required.

Option365 is a binary options broker founded in 2020 by a company called Tradeplus Solutions Ltd. Their website is available in English and Russian, and most of their services seem aimed at Russian traders. In fact, several pages on the site do not even load in English, including in the educational area. While they have a few interesting and unique features that are worth a look, there are load problems with their website and other issues that prevent me from making a recommendation for them at this time. There are also some informative gaps regarding their terms and conditions.

Problems Opening an Account

Registering on a binary options website should be easy, but on Option365 at present it is not. If you go to register an account, no matter what country you put in, the site will reject you as registering from a country where the broker does not allow trading. This has nothing to do with browser caching, as the error occurs in both Chrome and IE. Hopefully they will get this fixed soon, as it is presently impossible to sign up.

Were you able to get past this screen, you would have a chance to make a deposit in US dollar, euro, British pound, or Japanese yen (considering the site is geared at Russians, it is surprising the ruble is not listed). Deposit methods include credit or debit card, wire transfer, Skrill, Neteller, QIWI, WebMoney, RBK Money, and Japan Post Bank. The minimum deposit is $250 or the equivalent in your currency.

What about withdrawals? The site is incredibly unclear about this. The withdrawal terms and conditions state nothing whatsoever about limits, thresholds, or fees, but they almost certainly charge something. Very few brokers offer fee-free transactions, and those that do generally make a point of boasting about it. This lack of transparency is unsettling.

Account Types, Promotions, and Features

If you are able to make a deposit, you are allowed to open a demo account on the site with the equivalent amount of virtual currency, which is one of the better features on the site. No limitations are mentioned for this account, so it seems that you can demo trade indefinitely, which is very nice.

When you deposit, you will select one of the following types of real accounts:

Each account includes a 100% deposit bonus. One cool thing about Option365 is that they are willing to provide second deposit bonuses as well, up to $5,000. This is not a common promotion. So if bonuses are a big deal to you, this may excite you. You can also qualify for referral bonuses.

All accounts also include a platform walk-through, free eBook, and daily market reviews. A personal account manager is available at every level, and each level also includes one or more risk-free trades. Most brokers only offer a demo account or risk-free trades, so seeing a broker with both is very nice. At the Standard level and higher, you also get the following features:

  • One-on-one training with an account manager
  • Trading signals
  • Webinar sessions
  • Interest

The interest on investments is one of the interesting features available at Option365, and again not a very common one. Interest starts at 3% annually at the Standard level, and ranges up to 5% annually at the Platinum level. This is a great feature, since it puts money back in your pocket.

Trading on Option365

Option365’s platform has a nice clean look and is easy to use. Apparently it is available for mobile devices as well, though there are no obvious links to download the apps (perhaps the page is simply mobile-responsive). Types of options include Digital (High/Low), Touch, Range, Turbo, and One Touch. There are 265 currencies, commodities, stocks, and indices you can trade (which is a whole lot!). The minimum trade size is $25 for most types of trades, and $10 for Turbo options (the latter is a bit steep in my opinion). The maximum trade size is $2,500.

One thing that immediately grabbed my attention when I looked at the platform was the payouts. Even on High/Low options, you can make up to 176% on your investment. That is typical for One Touch options, but I have never seen such high payouts on High/Low before. Also exciting is the fact that you can choose an out-of-money refund level ranging from 0-20%. Even at 20%, the payouts are still very high!

Customer Service

You can theoretically contact Option365 through their web form, email address, phone number, paper mail, or live chat. When I checked live chat, though, I was not encouraged. On a weekday during standard business hours, all I got was a form to send an email, and no one on the chat line. This makes me wonder how often the chat desk is really staffed.

Best Binary Options Brokers 2020:
  • BINARIUM
    BINARIUM

    Top Broker!
    Best Choice For Beginners!
    Free Trading Education!
    Free Demo Account!
    Big Sign-up Bonus!

  • BINOMO
    BINOMO

    Perfect For Experienced Traders!

Conclusion: Has Potential, But Still Not Up to Par

There are features on Option365 that I really like, and which make them stand out from the crowd. The interest on investments is great, and so is the demo account as well as the risk-free trades. The second deposit bonus is unique, and I also love the huge payouts and the flexibility regarding out-of-money returns on the trade platform.

Despite this, it is hard to give a confident recommendation to a website with missing information regarding withdrawals, a very important topic area, and which has load issues on some of the pages. Option365 really needs to get all their web pages loading in both languages, and needs to take care of that broken sign-up form. Problems like this cause me to wonder what else is wrong with the site. They also need to get someone staffing that live chat desk. If they can take care of these issues, then maybe I can give them a real recommendation in the future. Until then, they have potential, but they need some work, and there are still a lot of better choices out there.

365Trading Broker Review

365Trading is a binary options online broker that was established in 2020. Over the last few years, the company have made a good impression among the trading community and, thanks to their unique proprietary trading platform, they stand out from the crowd. 365Trading is managed and owned by Old Dutch Trading, and have their headquarters in Spain, in the city of Barcelona. Traders from most countries are accepted by this provider, however those from the United States and Africa are not permitted to register. 365Trading is thought to be an especially good platform for those who are new to binary options trading as the minimum deposits required to open an account are low and there is a comprehensive educational section. If you are looking for a new binary options broker, this 365Trading binary options broker review will supply you with all the essential information that you require to make an informed decision.

Review

Review

Review

365Trading Account Types and Tradable Assets

365Trading only offers a single type of trading account, which makes selecting the correct product to suit your own needs a breeze. While this may appeal to those who are novices, those who are more experienced and professional traders may prefer a broker that has a greater variety of account types and which offers more perks and benefits for VIP and premium level accounts that are aimed at the needs of the most skilled investors. There are only two types of binary option contracts available from this broker – short term trading and standard High/Low options. There are expiry times that range from 15 minutes right up to end of day trades for standard trades and for short term trades, it is possible to select from expiry periods that are as short as 60 seconds right up to 10 minutes. Trading accounts can be opened in one of three currencies, US Dollars, Pounds Sterling or Euros and the minimum deposit required to open an account is either $50, £50 or 50 Euros which is one of the lowest amounts required for a deposit in the market today. Despite the lack of contract types offered by this provider, there are more than 50 different underlying assets to select from. 365Trading allows traders to choose from currency pairs, equities, indices, futures and commodities and payout returns are between 60% and 85%.

365Trading Trading Platform and User Interface

The trading platform used by 365Trading is proprietary software, designed by their in-house team. The interface has been well designed and is very fast and efficient to use while remaining user friendly enough for even novices to get to grips with easily and quickly. Upgrades are being continually put into place to ensure that clients are enjoying the best possible binary options trading experience. The trading platform has particularly impressive charting tools and it also has a binary options robot allowing investors to have access to the market’s current state. There are plenty of advanced trading tools on this interface with the option of switching between line graphs and candlesticks depending on each user’s individual preferences. It is also possible to use the zoom feature in order to set intervals of 3 hours, 1 hour, 30 minutes and 5 minutes. The platform also features a comprehensive educational resource section which grants access to a host of training videos on such topics as Harami patterns, lines of support and resistance, engulfing strategies and passive trading rules.

365Trading Customer Service and Banking Options

Customer service is very important to 365Trading and therefore there are options available for contacting the support team 24 hours a day, 7 days a week. Support services can be contacted either by email or via a telephone helpline and, to accommodate the needs of clients who speak a range of languages, the staff are multilingual, speaking one of several languages including German, Dutch, French, Spanish, Swedish, Portuguese and English. There is also a Live Chat facility on the website which enables traders to obtain answers to their questions and resolutions their problems in a timely manner. There is even an option to contact the support team via Skype, which makes this broker even more appealing to those who appreciate the opportunity to contact representatives in as many ways as possible to be sure of getting a rapid response.

365Trading is a CySEC licensed and regulated broker which uses segregated accounts for all of their clients’ funds in compliance with the regulations. There are many methods available to investors by which they can deposit funds into their account or withdraw money. These include traditional methods such as Visa, Amex, MasterCard and bank wire transfer as well as popular contemporary e-Wallet methods like PayPal, Skrill, Neteller and other less well known methods such as Ideal, Bancontact – Mr Cash, Trustly and Sofort. Withdrawals are processed rapidly, generally within one to three days.

While 365Trading appears to be a better choice of binary options broker for those who are newcomers to the financial markets thanks to its low minimum deposit requirements, single account type and excellent educational resources, there are also features of the trading platform which will appeal to experienced investors such as the advanced charting tools and trading tools. The excellent customer service is also an appealing feature of this broker thanks to its multitude of contact methods including the more unusual option of selecting Skype, and as this broker is CySEC regulated, clients can rest assured that their investments are in safe hands.

365Trading Review

Review

365Trading, founded in 2020, is operated by Fidelisco Capital Markets Ltd, a Financial Services Company authorized and regulated by the Cyprus Securities Exchange Commission (CySEC). It is located in Nicosia, Cyprus.

With 365Trading, trading can be done 24 hours per day. Trading can also be done on Sundays on the TA-25, the Israeli Index. Trades include the most popular indices, all Forex pairs and raw materials such as Gold and Silver. According to their most updated website, 365Trading will be introducing Asian stock exchanges for the traders who also want to trade in an index later during the day.

Accounts

There is one standard trading account at 365Trading. The minimum deposit into the account is $100 and the minimum order is only $5.00.

A demo account without any deposit required can be opened by using the same online form as that of a funded account. 365Trading is one of only a handful of brokers that go out of their way to actually encourage traders to first learn all they could about financial markets while at the same time using a demo account to practice their trades before placing their funds at risk in a real trading account.

The account form is available in several languages besides English including Danish, Swedish and Norwegian. Languages can be changed at any time by going to the languages drop-down menu on the homepage.

The maximum amount per trade is $500 which means a trader can have a trade of $500 in one order per asset. However, several orders of $ 500 per asset can be made at the same time.

Features

A nice feature offered by 365Trading is its listing of the exact trading hours for each asset chosen. For example, the Dow Jones index is listed as being available for trades Monday-Friday from 15.35 until 22.00 CET.

A short listing of trading strategies is another interesting feature as is a brief discussion on tips and tools for successful trading.

The landing page provides easy directions for opening an account and placing a trade.

Education

365Trading has daily news reports and updates that are provided as they happen from all over the world. The information is supplied by Reuters and is divided into Daily News General and Daily News Forex with news items specially selected based on their relevance to currencies.

365Trading Market News

A brief explanation of every asset available for trading is provided as is a useful description on important economic indicators that can be applied to binary option trading.

The economic calendar is colorful and kept up-to-date on events taking place all over the globe as well as their economic impact.

Instructional videos are divided into beginner and advanced categories and they provide essential material for successful trading. There is also a video on 365Trading. The videos are available to anyone viewing the website and are not limited to registered traders.

The two ebooks—beginners and advanced–can also be accessed by anyone interested in learning about binary options trading before opening an account. Topics include Psychology of Trading, Essential Terms and Concepts, Learning how to Trade and more. The advanced book is a 3D modelled interactive flipping book.

Bonuses/Promotions

The team at 365Trading mentions that there are many binary options traders that are not interested in receiving bonuses of any kind and that a bonus is offered only to those who make the request directly. I find it hard to believe that a trader would turn down extra money but if that is the case, then offering them to option to back out is commendable.

At the time of this review, there was a 100% deposit bonus up to $5,000 for any monies put into the account. In addition, there is the Refer-a-Friend promotion, a $50 bonus was being offered for any registered account holder who brings in a new client. The money is deposited directly into the trader’s account after the account has been approved and the funding received.

Customer Support

365Trading representatives can be reached every working day between 09.00 and 17.00 by telephone and they are even accessible 24 hours per day by email during the weekend. For quick, short questions online Chat is available and email communication is also provided.

The 365Trading website is available in English, Spanish, German, French, Danish, Swedish, Norwegian and Portuguese.

Deposits/Withdrawals

A deposit can be made with Visa, Mastercard, American Express , Wire transfers and online payment programs such as Paypal, Ideal, Bancraft-Mr. Cash, Wire transfer, Sofort , and Trustly. The minimum deposit amount $ 100.

Accounts can be funded in US Dollars, Euros or Pounds Sterling. Once a currency has been selected it cannot be changed after registration.

Withdrawals are made using the same funding methods. One free withdrawal is allowed every month but after that a small handling fee of $15 is charged. Payouts can be made within 24 hours of their requests.

Conclusion

365Trading is an established broker with many benefits. It prides itself on its quick turn-around, transparency, easy deposits and withdrawals and its own hi-tech proprietary platform. There is a 100% bonus for any amount of money deposited in an account as well as an additional promotion. The only available account offered can be opened with as little as $100.

Features

The feature that stands out from all the rest at 365Trading is it educational material. The up-to-date market news that scrolls across the landing page makes reading the articles especially simple to do. It’s also nice that these news items, provided to the broker by Reuters, is divided up into general and Forex news. This makes it much easier for a newbie binary option trader to read only the items he/she is interested in and not have to search through all the news of the day before finding the relevant one.

Platforms

Proprietary

365Trading is a broker that has built its own custom trading platform. It offers binary options with the time frames of 60 seconds, 120 seconds, 5 minutes, 10, 15, 30 and 60 minutes for binary options on Forex, Stocks, Indices and Commodities.

The 365Trading platform is constructed with the latest financial technology to ensure the reliability of the trade, transparency of the information, security of funds and privacy of personal information. The transparent trading, the clear visibility of prices, the fast and easy access to data and the simple navigation ensure an uncomplicated and enjoyable trading experience.

It is available in Spanish, French, Dutch, German, and English.

Mobile

No mention of mobile trading is made on the site.

Best Binary Options Brokers 2020:
  • BINARIUM
    BINARIUM

    Top Broker!
    Best Choice For Beginners!
    Free Trading Education!
    Free Demo Account!
    Big Sign-up Bonus!

  • BINOMO
    BINOMO

    Perfect For Experienced Traders!

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