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  • optionbit - Premier Binary Options Trading Platform

    Founded in: 2009
    Headquarters: Cyprus
    Payout: Up to 81% in case of a profit, no refund in case of a lost
    Underlying assets: Currencies, Stocks, Commodities, Indices
    Number of underlying assets: 27
    Trading Functions: Digital, Touch, Range
    Minimum deposit: $200
    Minimum Options value: $10
    Demo account: Yes, valid until 1:00 a.m. after the registration
    Languages available: English, German, Spanish, French, Russian, Turkish, Arabic, Korean, Portuguese, Italian, Chinese, Romanian

    OptionBit is among the oldest and most established brokers in the field. This trading platform is based on the modern technology of TradoLogic. It offers user-friendly and mildly organized platform, it is the best part about OptionBit.


    OptionBit offers several trading features that are worth mentioning like:
    • It has a unique feature in that the broker allows traders to end their trades before the expiry. When they are in the money they can just opt out of the transaction and take their profits without having to wait until the full expiry.
    • They offer excellent bonuses for both new and veteran traders. Deposits of $500 are eligible for a 20% bonus, while higher deposits can earn up to 40% bonus.
    • They really seem to make good on this claim, by offering payouts as much as 181%. This alone may be a good reason to try out this binary options broker.



    OptionBit is one of the upcoming stars and is already extremely popular amongst traders. It is a broker that is constantly evolving, and striving to improve its services on a regular basis.

  • #2
    Despite hearing many complaints about withdrawal of profits, I haven’t encountered any difficulties yet although the first time took a while as they verified my identity. Have good learning materials for learning binary options for new traders like me.

    Pros: No major withdrawal process. Support people are accommodating and easy to understand. Good features on trading platform.
    Cons: High service fee of $30 charged for subsequent withdrawals.

    Comment


    • #3
      Originally posted by nikolov
      Despite hearing many complaints about withdrawal of profits, I haven’t encountered any difficulties yet although the first time took a while as they verified my identity. Have good learning materials for learning binary options for new traders like me. Pros: No major withdrawal process. Support people are accommodating and easy to understand. Good features on trading platform. Cons: High service fee of $30 charged for subsequent withdrawals.


      Yeah, I've heared some complaints too regarding withdrawals. I know that they need 10-14 days to make a withdrawal. Personnaly i've made a withdrawal of 100 € and I got it within exactly 7 days. Was able to withdraw all of my earnings with no problem. This is one of my favorite trading platform. I can now highly recommend OptionBit.

      Comment


      • #4
        Don’t understand why they don’t have money back for lose trades like other brokers.

        Comment


        • #5
          Originally posted by Reece_Gi
          Don’t understand why they don’t have money back for lose trades like other brokers.


          Hi Reece_Gi, maybe i can help you to get your money back from optionbit.

          You will be able to withdraw you money any time you want by following their procedures in withdrawals. You just can't withdraw the Bonus money until you have met their requirements for amount of trades.

          For bonus money, for you to get your money back you should make a deposit so that an individual can become eligible to receive withdrawal. 75% of your deposited money will be used for trading on the site. You have to do quite a bit of trading first.

          OptionBit is on its way up, their platform is very easy and friendly to use.

          Comment


          • #6
            OptionBit provides fantastic customer service, a training program and free market signals.

            I first started with other brokers like 24Option and AnyOption and finally moved to OptionBit. With OptionBit I increased my winning trades overnight! Their training program is really helpful for traders!

            Comment


            • #7
              I started trading with optionbit the last month and they assisted me in withdrawing my $5000 at a daily rate of $250 and then they still gave me my bonus of 50%. That was really good.

              Comment


              • #8
                I open an account earlier with this broker. They are really prompt. They called me immediately upong registering an account with them and offered a free money to try their platform.

                I like the interface of their platform, it is easy to use. I think I would never have a hard time with them. Thinking of adding them on my list of brokers. I hope trading with them is like a breeze.

                Thanks for the insights of other traders here in the forum regarding this broker. I will give this broker a try.

                Comment


                • KittyHawk
                  KittyHawk commented
                  Editing a comment
                  So Dun_Rossil how was your trading going on with them up to this moment? Hope everything is still well.

              • #9
                OptionBit is a great platform for new traders. I ageree with everyone the interface itself is really easy to use. i haven't encounter any difficulties with them with my withdrawals too. Though at first when I open an account with them, it took them a while to verify my identity. It's understandable because they have to follow some necessary procedure.

                Comment


                • #10
                  What is the minimum withdrawal fee? Is it $30?

                  Comment


                  • #11
                    Originally posted by DiBond007
                    What is the minimum withdrawal fee? Is it $30?

                    YES. But the first withdrawal per calendar month is FREE and your subsequent withdrawal will be charge $30. Hope that helps.

                    Comment


                    • #12
                      Originally posted by Osterhagen2012
                      I started trading with optionbit the last month and they assisted me in withdrawing my $5000 at a daily rate of $250 and then they still gave me my bonus of 50%. That was really good.

                      The amount of bonus you get is really huge, I would love to have that bonus too. I will try trading with them more often.

                      Comment


                      • #13
                        Originally posted by nikolov
                        Despite hearing many complaints about withdrawal of profits, I haven’t encountered any difficulties yet although the first time took a while as they verified my identity. Have good learning materials for learning binary options for new traders like me. Pros: No major withdrawal process. Support people are accommodating and easy to understand. Good features on trading platform. Cons: High service fee of $30 charged for subsequent withdrawals.

                        I've heard some complaints with them too. But I don't know how reliable those are. Hearing a first-hand information from some one who's using this trading platform is just a relief.

                        You guys can also take a look at some of the comparative reviews available like binarystocktrading.com to know where OptionBit stands among the other brokers in the market.

                        Comment


                        • #14
                          It's hard to distinguish the good ones from the bad ones. Since binary options trading has become popular there are many brokers who also offers the same service adn they are popping like mushrooms. And some are spitefully talking something over the other in which these brokers who are doing good are falsely accused too. it will be safe if you make your own research about this broker before investing your money. There are some review sites which gives unbiased review about these brokers. You might want to check that out first.

                          Comment


                          • #15
                            Originally posted by lionell
                            It's hard to distinguish the good ones from the bad ones. Since binary options trading has become popular there are many brokers who also offers the same service adn they are popping like mushrooms. And some are spitefully talking something over the other in which these brokers who are doing good are falsely accused too. it will be safe if you make your own research about this broker before investing your money. There are some review sites which gives unbiased review about these brokers. You might want to check that out first.
                            can you give these trusted review sites?

                            Comment

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