Binary options broker Topoption just updated its welcome bonus policy to attract more clients and encourage you to make a higher deposit. While Topoption is popular for being the broker that offers the lowest minimum deposit for the opening of a trading account ($100), the broker also tries to attract more experienced traders with more generous bonus programs for higher deposits. The advantages for making a higher deposit are twofold. On the one hand, it enables to unlock a higher bonus. On the other hand, I can allow you to benefit from the advantages of a more advanced account type.
As a reminder, Topoption differs from most of its competitors as the broker proposes three different account types with a level of service that will also depend on the level of your deposit. The three available account types are Starter (from $100), Pro (from $1’000 to $5’000) and VIP (above $5’000). The Pro and VIP account will grant you access to additional services and privileges such as advanced guides, 1-on-1 trainings, trading signal…
Details of the new Topoption welcome bonus program
The Topoption welcome bonus program is a lot simpler than it was previously but only becomes available starting from a $200 deposit. New traders who make a first deposit with TopOption.com of between $200 and $499 shall receive a 50% bonus. New traders who make a first deposit with TopOption.com of more than $500 shall receive a 100% bonus. As you can see it’s extremely simple. If you open a new binary options trading account with a deposit of let’s say $300, you will receive a $150 cash bonus on this account. . If you open a new binary options trading account with a deposit of let’s say $1’000 you will receive a $1’000 cash bonus on this account. Toptoption decided to simplify its welcome bonus program in order to facilitate the interaction with the new traders that felt kind of lost with the complexity of the previous one. Please note that the bonus cannot exceed $5’000 whatever the amount of your deposit.
As always, the opening of a binary options trading account with Topoption will also grant you with multiple additional tools and advantages. The welcome pack includes 5 comprehensive e-books to help you learn the basics of binary options, an extensive video library to improve your trading strategies as well as an access to exclusive and updated market analysis to help you identify the best trading opportunities among all the available assets. You will also benefit from the full support of the broker with a dedicated team that will guide you through your registration and your fist steps with the trading platform.
Please remember that binary option bonus programs are subject to restrictive conditions and that you will need to reinvest this cash bonus amount multiple times in order to be able to withdraw it from your account. We strongly recommend you to carefully read the Bonus Terms and Conditions of any broker before opening an account.
Remember to always start small
We will always recommend you to start with the minimum deposit amount with any broker. You will thus be able to have an overview of the broker’s platform efficiency as well as the available trading functionalities (double up, Rollover, early closure…). Moreover, in the event you deposit some cash with a scam broker and you are not able to withdraw your funds, you will not lose more than your deposit. Rest assure that these problems will not happen with TopOption that is a fully regulated binary options broker (CySec) authorized by the FCA and backed by one of the most powerful trading software company in the UK, Playtech. Don’t hesitate to have a look at our detailed review of TopOption and use our secure link to access the broker website.