Update December 2015: OptionTime, member of Playtech, closed its business to focus on its mothership binary options broker TopOption. Do not hesitate to have a look at our review of Toption or our other recommended binary options broker.
OptionTime is a binary option broker regulated by the Cyprus financial regulator (CySec) and approved by all the major financial regulators in Europe: Financial Conduct Authority (FCA) in the United Kingdom, Financial Market Authority (AMF) in France and Federal Financial Supervisory Authority (BaFin) in Germany. Only a few binary option brokers can claim such regulatory recognition. Regulated under the CySec, OptionTime ensures segregated and secured account for client funds in which deposits up to 20,000£ are insured against any error, glitch or financial difficulties. As a compensation for this insurance, the CySec is imposing strong directives and regulatory requirements on the broker. The regulator performs multiple financial audits of the broker balance sheet every year. In addtion, OptionTime offers an assortment of trusted and secure payment methods in order to enforce the security of clients’ payment details and data.
One of the most regulated broker
OptionTime: a best-in-class binary option trading platform
OptionTime is proposing a range of functionalities that no other broker is able to provide. Even 24Option, which is known as the technical leader for binary option trading, does not propose certain of these features. You can access and save personalized charts (bar charts, candlestick charts…) and display a large set of technical indicators (MACD, RSI, Fibonacci retracements). It is the only broker to offer these live indicators directly in the trading system window. Dozens of indicators are freely and simply available.
OptionTime has developed a really intuitive « one click trading » technology. You will no longer have to face endless confirmation popups and will be able to trade directly from your personalized charts. This is an optional functionality that you will be able to activate or de-activate according to your preferences. However, most binary option traders know these are really time sensitive instruments and often enjoy this useful functionality.
For every “High / Low” options, the broker is also proposing a comprehensive set of functionalities:
– early closure: (also called take-profit) enables you to close your position before the expiry in order to recover a higher return on loss. D’ont hesitate to have a look at our detailed article on the binary option take profit functionality.
– double up: enables you to double your position and reset the reference price with the new spot price (at the time you double the position)
– roll-over: enables you to roll your binary option until the next expiry (it doubles your initial maturity). It is the only broker to propose all these functionality directly on the main trading window.
Other brokers also offer some of these functionalities but only on specific platforms (you will need to use the Option+ tool with AnyOption for instance).
Eventually, OptionTime offers the most intuitive platform and the largest range of combined underlying assets and option types (more than 180!). OptionTime is thus competing with the industry leaders AnyOption and 24Option in terms of underlying assets.
200£ minimum deposit: lowest deposit of the market
What seduced us with OptionTime, and motivated us to rank it first in our best binary option broker reviews, is its affordable minimum deposit. New traders and “low-budget” traders will not be at a disadvantage and will be able to experience binary option trading without taking disproportionate risks. OptionTime only asks for a 200£ deposit to validate the opening an account while most competitors are requesting 250£. OptionTime was previously allowing a £100 minimum deposit (like TopOption today) but recently raised it in order to meet most regulator requirements and not end up being blamed for targeting non professional inverstors.
A welcome bonus up to 100% of your initial deposit
The online broker offers an attractive welcome bonus for traders who would like to try binary option trading. OptionTime will credit your trading account with a bonus equivalent to 100% of your initial deposit for every deposit above 250£. Don’t worry, between 200£ and 249£ the broker will also reward you with a bonus that corresponds to 50% of our initial deposit. Nevertheless, withdrawal conditions of the bonus are quite high, you will need to reinvest the bonus amount at least 40 times to be able to withdraw it. The bonus cash amount is limited to 2,500£.
Attractive education tools: a reference for online videos
OptionTime provides its clients with more than 50 educational videos with themes ranging from basic trading principles, binary option characteristics to more complex trading strategies. It is also the only broker that built a partnership with investing.com in order to provide traders with breaking financial news and advanced analysis.
OptionTime review: N°1 regulated binary option broker
Our opinion on OptionTime is very positive. OptionTime has been able to pick all the comparative advantages of its competitors and wrap them in a single intuitive platform. The broker deserves its leadership in our best binary option brokers ranking. Safecap, the holding company of OptionTime, seems determined to continue to develop the platform, to improve the available asset portfolio and to focus on the client support management.
|Forex||Stocks||Indices||Commodities||Speed Trading||High / Low||One Touch||Zone|
OptionTime offers the popular and regular forex underlyings (EURUSD, USDJPY, GBPUSD…) but also some exotic pairs for more experienced traders. On the equity/stock side, the broker mainly offers US and European companies and is extremely reactive in adding new and popular companies just after their IPOs (Twitter, Alibaba…). OptionTime is really adequate for investor you want to trade equity stocks with binary options. The broker also offers a lot of commodities and the famous binary option on oil.
In terms of underlying assets and binary option types, OptionTime has one of the most complete portfolios of the industry: High / Low, Speed Trading (60 seconds), One Touch, Zone and even the Touch in Time option that the broker is the only one to offer in the industry.
Number of assets and binary option types
|Minimum deposit||Maximum return||Return on loss||Minimum trade||Maximum trade|
OptionTime offers one of the smallest minimum deposit of 100£. This is really helpful for beginners that don’t want to put large cash amounts at risk. The broker also proposes attractive welcome bonus for traders that would like to make bigger deposits. The minimum trade size of 5£ is the lowest of the industry. It is a perfect trade size for traders that would like to test new strategies. The broker is offering returns as high as 85%, which is quite high compared to most competitors like AnyOtption that is only paying-out returns between 65% and 71% when in-the-money.
OptionTime support services
Support services provided by OptionTime
|Demo||Mobile application||Chat (assitance)||Education (Webinars)||e-Books||Analysis|
OptionTime’s trained multilingual account managers are available to assist traders with any questions they may have regarding their binary option account – via toll-free phone, email, or live chat.
Opening an account with OptionTime
Register with the regulated broker in 5 minutes:
1 – Click here to access the Live Account Registration Form
2 – Proceed with a £200 minimum deposit
3 – Send a mail to the client support service to obtain your welcome bonus
Every legit withdrawals are processed within 48 hours of initial request.
OptionTime Review : Screenshots from the trading platform