GTOptions Broker Review

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GTOptions Broker Review

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GTOptions Broker in South Africa

Owned by The World Marketing Global Ltd, GTOptions is launched in 2020 and since then, this broker provide traders across the world binary options services.

As a trustworthy binary broker, GTOptions offers traders in South Africa a wide range of trading tools, combined with many popular services.

If you want to know more about the platform and its services, cehck below our GTOptions review:

  • platform and trading tools
  • account types
  • banking
  • how to contact GTOptions?

GTOptions Trading Platform

GTOptions was founded by professional financial experts with years of experience in financial market. Our readers can see the list of awards on their homepage, based on customer support quality and customer satisfaction. GTOptions uses SpotOption software which is one of the best available. It presents itself to be easy to use and is intended for new and professional traders in binary options industry.

Our GTOptions review shows following trading criteria. Minimum deposit to start trading with GTOptions is $250 and bonus can go up to unlimited. Traders in South Africa can trade with few available currencies: USD, EUR and GBP.

When trading binary options by using multiple strategies and tools, it is possible to achieve maximum return of 90%. With GTOptions, investment amounts vary from $25 to the highest $1000.

Traders have on disposal many trade options that can assist traders in achieving high payouts in binary options trading. They can place trades with options, like 60 Seconds, High/Low, One Touch, Meta Charts, Long Term and Pair Options. Early close is possible and expiry times with GTOptions are within 30 seconds, 60 seconds, 2 minutes, 30 minutes, 1 hr, 24 hr+, end of day, end of month and 150 days.

Also, it is important to mention to our South African readers that GTOptions offer more than 130 different underlying assets, which can be categorized in stocks, commodities, currencies and indices.

Features, such as Refer a Friend and mobile trading are also available on GTOptions trading platform. Mobile trading is actually GTOptions mobile app which is compatible with iOS and Android systems and available for computers, smartphones and tablets. This trading feature is excellent for traders on the go because now they can invest in binary options from anywhere.

Yet another trading service offered by GTOptions is Refer a Friend program. This program enables trader to refer a friend to join the platform and choose an account, which will result in achieving bonuses for the trader and his friend of $200 real money.

Trading Accounts

During GTOptions review, we noticed they offer traders three account types: Mini, Classic and Gold account.

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  • BINARIUM
    BINARIUM

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

  • BINOMO
    BINOMO

    Perfect For Experienced Traders!

GTOptions Mini Account – primarily intended for traders with no or little binary trading experience. Risk level is lower in this type of GTOptions accounts and traders can use several available trading tools to be successful in the trading process.

With minimum deposit of $250, there is no commissions and traders can use GTOptions trading platform and achieve high payout while trading. They have on their disposal a lot of different trading guidelines and courses, combined with excellent customer support service.

GTOptions Classic Account – this account type is mostly used by traders who are serious about binary options trading and are willing to invest time and effort in the trading process. Traders in South Africa can contact this broker 24/7 and even a personal dealer, free of charge.

Benefits such as a wide selection of underlying assets, daily and weekly market reports and news and free commission trading are among the most significant elements in this GTOptions account type.

GTOptions Gold Account – numerous trading features are available for South African traders if they choose Gold account. The main difference is that they have personalized services entire day and receive the latest market novelties, which are of great assistance when trading binary options.

Many VIP features and one-on-one personal tutorials are available. With Gold account it is possible to move on the next level with a plenty excellent trading features. Some of them are money management courses, free commission trading, special VIP services and market reviews on daily basis.

If traders want to be eligible to GTOptions VIP Account, certain requirements are required. First of all, minimum deposit is $5000 and must be traded 40x for your account later on, to be credited with 50% cash, based on initial invested deposit.

GTOptions Customer Support Service

With GTOptions, traders in South Africa can contact them on several available ways, through email, telephone, live chat and web form. Email [email protected] is available for all questions, that are solved by customer support.

Besides that, traders can directly communicate with this broker if they need general assistance or assistance of marketing department. Telephone communication is available for 14 countries around the world. Live chat is great way to contact GTOptions, because it is efficient and very fast, especially if traders are in need of a quick answer.

Education is detailed explained and we believe that our readers will manage with GTOptions help tutorials on the best positive way. They can use ebook, FAQ and video tutorials to get more familiar with trading terms and how to improve trading skills.

GTOptions offers a trading platform that is available on several global languages, such as English, German, Russian, Italian, Spanish, French and Portuguese. Banking issues related to deposit and withdrawal process, our readers can see below in GTOptions review.


GTOptions Banking Info

GTOptions uses SSL Technology to protect their clients, in a way that their personal and financial data are encrypted. The whole banking process goes very smoothly without any difficulties and we are glad that we can inform our readers about it.

For any work related to depositing or withdrawing funds, traders in South Africa should submit few important documents: copy of ID card, proof of trader’s address and copy of credit card, if one is used in the trading process (showing only last 4 digits). Traders will receive an email about requirements of these documents and withdrawal isn’t possible until all documents are completed.

Available deposit methods for trading binary options with GTOptions are through credit cards, bank wire transfer and other very popular option in binary industry, e-wallets. GTOptions accepts Mastercard and Visa, while accepted e-wallets are:Skrill Moneybookers, CashU and Neteller.

Minimum withdrawal amount is $100. Free withdrawal is possible via credit cards, but in case of bank wire, fee is charged $25. For traders to withdraw funds, they initially have to login to the GTOptions account and click on tab My Account, placed on the top of the page.

Afterwards, they have to click button Withdrawal Request for process to begin and later on, just tick on Submit button. Once when request is completed, traders will receive an email.

Usually it takes up to 3 business days for withdrawal processes to be processed. Overall, trading binary options with GToptions is protected and we had a positive experience when reviewing them.

CTOption Review 2020 – Is CTOption.com Scam or Legit?

Name CTOption Review 2020 – Is CTOption.com Scam or Legit?
Founded 2020
Legal Entity InfiniCore Ltd
Turnover 81%
Minimum deposit $250
Bonus 100%
Full Address England, Finchley, London, 2 Woodberry Grove
Phone +44-203-519-2322
Regulation FCA
Site visit site
E-mail [email protected]
Visit Broker

Since its establishment, CTOption has shown unwavering commitment to the needs of customers. Presently, the broker boasts of thousands of customers in more than 90 countries across the globe, including the USA

One thing we noticed that really makes CTOption to stand out is its replicator feature. With this innovative feature, you can easily copy the successful strategies of other experienced traders and make good returns from binary options trading.

Let us review some key features offered by CTOption and ascertain its effectiveness in the industry.

Withdrawal

CTOption withdrawal offers and payment options includes the major credit/debit cards, Neteller, Sofort, Skrill, Webmoney, local bank transfer, and bank wire transfer.

Importantly, all transactions are processed securely using state-of-the-art encryption protocols. Furthermore, the broker’s electronic payment services are certified by the Financial Conduct Authority (FCA) Electronic Money Regulations 2020 (FRN: 900190). So, you can be sure of the safety of your funds.

Trading Platform

CTOption uses an innovative binary options trading platform powered by Panda Trading Systems Ltd., which is a software development company renowned for its top-notch online financial trading solutions.

CTOption’s trading platform is user-friendly and provides all the tools and resources you need to make profitable trading decisions, whether you are a beginner or an experienced trader.

The main types of binary options available on the broker’s trading platform are High/Low, One Touch, Range, and Hyper, with an extensive range of expiry times. You can earn up to 81% payouts when trading.

Trading Assets

While reviewing CTOption, we found out the broker offers more than 100 assets for trading. The wide range of assets includes major stocks such as Google, Apple, and CITI, commodities such as gold, silver, oil and copper, and indices such as Dow Jones and Nasdaq. There is also an extensive range of currency pairs, including EURUSD, GBPUSD, and USDCAD.

Credibility

Trading with a broker that is credible and offers transparent conditions is key to achieving success in your binary options trading career. Regulation adds to the credibility of a broker and gives customers the confidence to trade with a peace of mind.

For CTOption, which is owned by a company called Infinicore Limited, we discovered that it operates under the British law. CTOption is headquartered in Kingstown, Saint Vincent and the Grenadines. Therefore, it is not a scam broker.

Customer Service

Our analysis of the broker revealed that their customer support is quite a feather in their cap. A team of multi-lingual professionals, who are always striving to provide the best trading conditions, is in charge of handling the various issues raised by customers. Support is provided via email, phone or live chat 24/7.

So, if you are looking for a broker with a good and friendly customer service, CTOption could best serve your interests.

CTOption Demo Account

Opening an account with CTOption is quick and uncomplicated. We easily navigated to the account opening section and registered for a demo account to acquaint ourselves with the operations of the broker. Thereafter, we submitted some verification documents and easily migrated to a live account.

CTOption provides a welcome bonus to new accounts, and can be up to 100%.

Real accounts

The very idea of establishing this brokerage house was to provide convenience to traders, regardless of their particular needs and requirements. As such, CTOption offers different types of accounts. Therefore, no matter your trading style, there will always be an account suitable for your preferences and needs.

  • Mini Account: This type of account, which requires a minimum deposit of USD 250, usually attracts beginners or those traders who want to check out the broker first before fully committing their funds. With the Mini Account, you will get a welcome bonus, round-the-clock support service, and weekly market news.
  • Standard Account: This type of account, which requires a minimum deposit of USD 2,500, also offers a welcome bonus, round-the-clock support service, and weekly market news. Additionally, a very interesting feature of the Standard Account is that you get a personal account manager, who can be of great help in shaping your trading career.
  • Executive Account: This type of account, which requires a minimum deposit of USD 10,000 or more, comes with all the benefits of the Mini and the Standard accounts. Furthermore, you will receive daily market news, access trading guru hangouts, and get a chance to win fabulous prizes. Another exciting feature is that the Executive Account does not have any processing fee.
  • Islamic Accounts: This type of account is suited for Muslim traders. It offers convenient trading conditions in line with all the Shariah Laws.

Pros & Cons

Pros

  • Allows U.S. traders
  • Operates under the British law
  • Very convenient and smooth account opening procedure
  • High level of multi-lingual customer support and service
  • Trader-focused trading platform
  • A large variety of assets to trade
  • Secure and popular deposit and withdrawal options
  • High bonus amounts and payouts
  • Lifetime demo account
  • Ability to copy other traders
  • Availability of trading signals, mobile trading, and robot trading features

Cons

  • Relatively high minimum deposit requirements
  • Lacks regulation from other authorities like CySEC

If you are planning to participate in the lucrative binary options industry, CTOption could be one of the choices worth considering, especially if you are based in the U.S. The convenience of the trading environment provided by the broker is high-class. More so, a team of highly experienced and dedicated professionals leads its activities.

During our review, we noticed that the broker enjoys a very favorable reputation in the industry and has a sound market standing. No doubt, it can be placed amongst the top ranking brokers.

24option Review

Overview

The 24option cooperates only with banks authorised and regulated by EU member states and that are highly rated by credit rating agencies. The 24option is a CySEC regulated broker operating under license number 207/13

Details

Broker 24option
Website URL www.24option.com
Founded 2020
Headquarters 39 KOLONAKIOU ST., AYIOS ANTHANASIOS, CY-4103 LIMASSOL, CYPRUS
Support Number +357 25 262063
Support Types Live Chat, Phone, Contact Form, E-mail
Languages English, Italian, German, French, Russian, Spanish, Portuguese, Arabic, Japanese, Swedish, Danish, Dutch, Finnish, Norwegian
Trading Platform Tech Finacials
Minimum 1st Deposit $250
Minimum Trade Amount $24
Bonus BONUS UP TO 100%
Payout Up to 88%
Free Demo Account Open Demo
Regulated
Regulation CySEC (Cyprus) № 207/13
Commission Info No
Account Types Standart, Beginners, Gold, Platinum, Diamond, Islamic
Deposit Methods Credit/Debit Cards, Bank Wire, Skrill (MoneyBookers), CashU, Neteller, Sofort, Neosurf, Webmoney, etc.
Withdrawal Methods Credit/Debit Cards, Bank Wire, Skrill (MoneyBookers), CashU, Neteller, Sofort, Neosurf, Webmoney, etc.
Number of Assets 130+
Expiry Times 60sec, 2minutes, 5minutes
Option Types High/Low, One Touch, Boundary, Short Term
Account Currency EUR, USD, GBP, RUB, TRY, CNY, JPY, CHF
US Traders Allowed
Mobile Trading
Tablet Trading
Overall Score 9.8/10

Full Review

The 24option began operations in 2020, and was one of the first brokers in the market. Since then, many new tools have been designed and introduced to simplify and improve trade sessions for users.

When starting to work with 24option, you will first be able to open a demo account to practice. This will greatly reduce the chances of losing your money as a result of inexperience. There is also a 24option Education Center, which can bring you lots of benefits in learning the rules of trade.

In addition, you will be offered one-to-one training with an expert. Clients of 24option receive a chance for permanent contact with a financial adviser through a live chat, email or telephone to discuss potential profits and different strategies. We believe that this is a great advantage for all traders, even experienced ones.

One of the main advantages is that the 24option broker is regulated by CySEC and follows all regulatory rules (Cyprus Securities and Exchange Commission), to ensure safe and secure trading.

Deposit and withdrawals

A good sign is that the amount of money you can earn is not limited! There are brokers who will not allow you to withdraw all your profits if the profit is too large. This fact can create a lot of trouble and cause anxiety among traders. The 24option refrains from doing this, allowing applications for withdrawals, so the traders can get their money as quickly as possible. The customers receive a payout within 3-5 working days (or within 1 day if you have a VIP account). In order to withdraw funds, you can use credit/debit cards, Moneybookers, bank transfers, Neteller, Qiwi, Webmoney and a number of other payment systems, which are represented in the image below.

You should keep in mind that the 24option allows 1 free withdrawal per month; if you withdraw money more often, a commission is applied. The commission depends on the account level you have reached. For the platinum accounts, no commission will be charged for withdrawal of funds.

Owners of regular and gold accounts only get 1 withdrawal free of charge per the calendar month.

Complaints about 24option

Our team searched the information on the Internet for any complaints, and we found some negative comments, but it seems to be the manipulation of competitors; the criticism that has been objective has been resolved by the company in a positive way.

On several forums, some customers complained that they did not receive the approval of a withdrawal and waited a week. We do not believe this because, firstly, their problems have been successfully resolved by the broker, and secondly, in the «Terms and Conditions» section, you can find the dates within which the broker must meet its obligations and how long it takes to perform the procedure.

If we find complaints about 24option, we will post it on social media. Follow us to be well informed:

The 24option is a scam? The 24option is currently one of the most law-abiding of brokers on the market. It has been regulated by the Cyprus Commission for the Securities and Exchange Commission (CySEC).

Regulator

The 24option was one of the first brokers that received a license from the financial regulator. Trading with a regulated broker provides a high level of service and protection to clients. Being regulated by CySEC (Cyprus Securities Commission and Exchange Commission), the 24option has a so-called «EC passport» to provide services within the European Union in accordance with MiFID (EU Directive «About Markets in Financial Instruments»). Thus, the 24option is one of the safest brokers for European traders.

Bonuses

If you were not registered earlier and just opened an account for the first time, you can earn a bonus. The amount of the bonus varies depending on the type of account you open. It is usually 30% of the initial deposit but can reach up to 100%.

We recommend you to follow the news: the 24option often announces information on additional bonuses or prizes. For example, a current bonus gift is a MacBook. They also hold many other trading contests with real prizes. If you decide to take a bonus from 24option, you should carefully read the terms for the use of the bonus, because every broker has certain conditions that must be followed by traders.

Summary

A final summary on 24option broker. All in all, the 24option is one of the leading brokers on the market. The company has more than 6 years of experience as a broker, and every year they increase the number of services and bonuses offered to their customers. The minimum deposit is only $250, and the minimum bet size is $24. They also offer free trading signals which can be used on the trading platform.

The broker has a large section devoted to education, with free e-books and many videos. Most importantly, the broker is regulated by CySEC, so you can enjoy a safe and secure trade.

Conclusion

In summary, we can say that the 24option is a regulated, 100% reliable and safe binary options broker. The company is fully compliant with the high level of service standards set by the EU. The minimum deposit amount is only $250, making it easy to start trading.The 24option takes first place in brokers ranking at FraudBroker.com and is the best choice for European, Arabian and Asian traders.

Reviews

I have been trading at 24Option for over a year. The platform is quite excellent, I have a few things to warn you about – Upon the registration, you must enter your real personal data for the future verification for further profit withdrawals. Also, read their bonus policy for problem-free obtaining. Overall, a good, safe broker, I would recommend it personally. Thanks. Marc.

Why most of you keep losing to your trade brokers is because you don’t make use of any strategy in trading binary, Note binary has gone beyond all that trading without a strategy, no broker account would want you to make profit while they are losing… so it the other way round you lose while they win, have been trading for over two years now and it has been a very different dimension for me because i have been trading with a very new strategy that has been able to lift my trades accurately giving me wins of about 7-8 daily…it no fluke have been able to help enough people raise up there investment with enough proofs to show you, my one to one masterclass strategy would save you years of time wasting and funds wasting if only you are prepared to learn binary trade is one thing i have come to understand ,it’s all about you having a nice broker, using the rite strategy and above all knowing how to read the trend and if you need assistance on how to make withdrawal from your account easily even when bonus was giving to you or recover the money you have lost email me at [email protected]

Here is a list of issues I have had with 24Options:
Impossible to try the demo account without putting in a £400 deposit, basically tying me up to 24Options even though I hadn’t tried the platform yet to check it would meet my expectations and requirements, as in others I tried in the past.
I didn’t use the account for a while and then realised I had been charged a withdrawal fee of about £50, although I had not been notified, as per section 2, Inactivity Fees’ paragraph in their General Fees Terms and Conditions. I am not entirely sure exactly how much I was charged as this sum doesn’t figure on the account banking history.
The dormant fee was withdrawn a second time and still with no notification, although this time, it did figure in the account history.
The General Fees T&Cs specify the dormant fee will be applied if there are no transactions on the account. I did use the demo account and therefore assumed that it would be classified as transactions. If that wasn’t the case, this should have been made clear in the T&Cs.
Online customer service is very slow and abrupt: the guy I was chatting with suddenly closed the chat saying he had to go, even though I wasn’t finished with my questions.

100% SCAM. STAY AWAY FROM THEM, I repeat STAY AWAY FROM THEM. All they want is your money once they get it, they’ll be done with you.

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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