Until the 30th of June 2015, binary options broker OptionTime proposes an interesting special offer to its existing clients. As you may have seen, if you recently visited the OptionTime website, the broker proposes to “protect your trades and your investment”. What does that mean? We will try to clearly explain to you what lies between this very interesting bonus offer from OptionTime. You should note that the two offers presented below are restricted to existing clients, indeed the offer will only apply to traders who already hold a trading account and make a second or more deposit with OptionTime.
Details of the protected investment promotion
Any trader who will make a second or additional minimum deposit of $1000 will be entitled to benefit from the protected investment promotion for the defined period of time:
- 30 days protected balance for a deposit between $1’000 and $2’499
- 45 days protected balance for a deposit between $2’500 and $4’999
- 60 days protected balance for a deposit of more than $5’000
Protected balance means that at the end of the defined period, if the account balance is lower than the balance right after the deposit, the account will be credited with a bonus equal to the difference between the account balance at the beginning of the period and the account balance at the end of the period. Of course the credited bonus will be limited to the amount of the deposits made. The reimbursement, that is considered a bonus, is also subject to restrictions and specific conditions. As always with online trading brokers we recommend you to carefully read the terms and conditions of their bonus. In the present case, the bonus is subject to withdrawal restrictions. You will have to reinvest at least 40 times the amount of the bonus to be able to withdraw it.
Details of the protected trades promotion
Any trader who will make a second or additional minimum deposit of $500 will be entitled to receive a bonus on a defined number of protected trades made following the deposit:
- Up to 5 first protected trades of $50 each for a deposit between $500 and $999
- Up to 10 first protected trades of $100 each for a deposit of more than $1’000
The mentioned trades will be reimbursed if they generate a loss. You can see that the offer is only eligible for first trades meaning counted in the order they have been placed. If only the sixth trade after the deposit ends up with a loss the trade will not be eligible for reimbursement. The protected trades offer expires one month (30 days) from the date of the related deposit. The credited bonus will be limited to $500 for the deposit between $500 and $999 and limited to $1’000 for deposit of more than $1’000. Here again, the reimbursement of losing trades is considered as a binary options bonus and is thus subject to the same restrictive conditions explained above.
OptionTime is the leader of our ranking
These are really interesting promotion offers from OptionTime, the broker is furthermore extremely transparent on the conditions and restrictions of these offers. We believe that these offers are perfectly appropriate for active traders that would like to benefit from this extra protection to implement riskier strategies.
We remind you that OptionTime is the leader of our ranking of the best binary option brokers in the United Kingdom. OptionTime proposes, according to us, one of the most complete and accessible offer on the market with advanced technical analysis tools, great educational contents and seducing trading conditions (minimum deposit of $200 and lowest minimum trade size $5). Don’t hesitate to have a look at our detailed review of OptionTime for further information or visit the broker website via our secure link below.