Comparison First Binary Option Service vs. OneTwoTrade

4 stars based on 33 reviews

Having been established inOneTwoTrad e is no stranger to the binary trading industry. While the SpotOption trading platform might be considered by some traders a little mundane in terms of looks, it cannot be denied that this platform is popular among many traders due to its user friendliness and powerful features.

While binary trading might be simple, traders still face some risks and these features are invaluable in terms of risk management. So in terms of trading platform, OneTwoTrade has got it right.

When OneTwoTrade first started operations inthe range of asset coverage was quite limited featuring around 50 different types of assets. However today, OneTwoTrade have expanded their asset offering tremendously. Now traders can trade up to different types of assets. The Bronze account comes with a standard level of support but as we go up the scale, the level of support and size of bonuses also increases.

As for funding for trading accounts, this can be done with credit cards, Neteller, Skrill Moneybookers and wire transfer.

Is onetwotrade the best binary option broker for you at OneTwoTrade is actually quite comprehensive. Another thing to note about their support team is multilingual ability. Most of the support team speaks more than one language, so they can provide voice support in Turkish, Russian, French, Spanish and Arabic. Traders can further enhance their trading knowledge with all the resources found in the trading academy.

In the event that a trader needs to consult with a customer service representative, they can do so by email, live chat or the telephone. They are closed on Sunday. As for the bonuses, they depend is onetwotrade the best binary option broker for you the promotional offer running at the time. However traders should take note that these bonuses come with strict conditions attached.

Our overall opinion about OneTwoTrade is that they have shown considerable improvement from when they first started operations. This is a good sign as it shows that they are willing to improve the quality of their services for the benefit of their traders. This broker is not recommended. This broker is either not regulated or generates a large number of complaints.

Conclusion Our overall opinion about OneTwoTrade is that they have shown considerable improvement from when they first started operations.

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They claim they were guided into risky trading by their account managers. Instant messaging records, seen by FT Money, show Banc account managers giving clients detailed trading instructions. The customers described a whirlwind of trades, in which they were told to put huge sums of money on individual wagers without having time to consider the consequences.