- Max. Bonus: $1000
- Max. Returns: 81%
- Min. Investment: $5
If you are looking for a good trading platform to start investing in binary options then one of the most well known platforms is Magnum Options with a variety of features and options to utilize. In the next few sections let us look at some prominent reasons why traders prefer Magnum Options over other platforms.
Some of the distinctive features of Magnum Options include:
- One Touch
- Option Builder
These are new trading options providing the best returns on your investment. The rewards are a lot higher with simplified trading system. In this one touch trading the traders are allowed to set their own position and payout to be achieved. These are available on weekends and provide excellent payouts.
The best part about one touch options is that the traders can earn as much as 500% return on their investment within a very short period of time. You just have to predict whether the price of any asset will reach a fixed position or not.
Let us look at an example of how it works, assume that GBP/EUR closes at 2.65130 on Friday then the site will provide traders with 2 options. One option will be a prediction for rise of currency pair to 2.69130 for even a single time in the next week and the other option will be forecast that it will be reaching a lower level of 2.61130 in the next week.
The other thing about one touch options is that you no longer need to wait until expiry time. As soon as the asset reaches the target price, you will earn the profit.
Another useful feature available at Magnum Options is called the option builder which allows a trader to customize his own options. Experienced traders find it most useful since they have thorough understanding of the market conditions and would be able to easily create their own strategy based on analysis of the market situations.
The benefit of using this feature is that you can select the asset to invest in as well as the expiry time and the profit/risk ratio that you want.
Why Magnum Options?
Some of the points which will compel you to favor them as your trading platform include:
- The best thing about this platform is that they pay back 10% of trader’s invested amount even in a situation where the option is expiring out of money. This type of feature is not provided by any other trading platform.
- You have over 100 tradable assets to invest in and it is possible to earn as much as 81% payout with proper market analysis and careful investing.
- They have excellent customer support service where their representatives are available 24/7 to reply to all your queries and provide advice on any investment strategy you want to make use of.
- Various asset classes are made available for investors ranging from commodities to stocks, indices and currencies.
- You can trade in various currencies such as AUD, USD, CAD, GBP and EUR with minimum deposit amount being 200 in all of the mentioned currencies.
|Bonus Trading Terms:||20x – 50x|
|Trade Options:||High / Low, One Touch, 60seconds, Long Term, Pair Options, Ladder Options|
|Expiry Times:||15 sec, 30 sec, 60 sec, 2min, 5min, 15 min, 1 hr, 24h|
|Assets:||Currencies, Stocks, Indices, Commodities|
|Deposit Methods:||Visa, Mastercard, Amex, Bank Wire, Maestro, Visa Electron|
|Cashout Time:||3 days|
|HQ:||Magnum Options, 5 Secretary’s Lane, Gibraltar|
|Nationalities:||Israel is restricted|