Grand Option Review

Grand Option
No Deposit Bonus
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Overview

Grand Option is one of the most popular and trusted binary options brokers in the world, especially with those new to binary trading. Grand Option has listened to traders and… more

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Details

Broker Grand Option
Website URL http://www.grandoption.com/visit/key
Support Types Live Chat, Email, Phone, Call Back
Languages English, French, Turkish, Russian
Minimum 1st Deposit $500
Minimum Trade Amount $10
Bonus No Deposit Bonus
Payout 71-85%*
Free Demo Account Open Demo
Regulated Yes
Regulation CySec
Commission Info Commisson Free
Deposit Methods Visa, Mastercard, Diners, JCB, AmericanExpress, Bank Wire, Western Union, Skrill, Neteller, Neosurf, GiroPay
Number of Assets 50
Indonesian Traders Allowed Yes
Mobile Trading Yes
Tablet Trading Yes
Overall Score 93/100

Pros

  • Regulated
  • Stop Loss & Take Profits Feature
  • Education Center
  • 24/7 Support
  • Low Minimum Trade Size

Cons

  • Only 1 Free Withdrawal Per Month
  • No Deposit Bonus

Full Review

Grand Option is one of the most popular and trusted binary options brokers in the world, especially with those new to binary trading.

Grand Option has listened to traders and recently increased the number of assets they trade to over 50. Grand Option gives traders access to 60 Seconds, One Touch/No Touch and High/Low binaries, with the added the ability Close Early on various products. They also offer stop losses and take profit limits, something that most binary option brokers do not do.

The trader education offered by Grand Option is the best of all binary brokers with the methods of learning ranging from eBooks, on-demand interactive learning, tutorials, live online eCourse, trading videos and one on one training with your own dedicated account manager. Whether you are new to binary options or an experienced and season pro, Grand Option really does have something for everyone.

Unfortunately Grand Option does not offer any form of deposit bonus.
The minimum deposit is $500.

The minimum trade size is $10, this is somewhat high.

Upon opening an account all traders are allocated a dedicated expert account manager who assists clients with all aspects of the trading process, including market commentary and offers free one on one training. You will also get access to all the great educational resources available to Grand Option account holders, as mentioned earlier these resources are the best offered by all the binary brokers. Support staff are also available via live chat, email or phone 24 hours, seven days a week.

Unfortunately like a number of binary options brokers Grand Option only allows 1 free withdrawal a month, meaning you will be charged for making subsequent withdrawals in that month. Currently that is $30 for subsequent withdrawals. That in our view is high.

What we really like about Grand Option is that it is an ideal binary options broker for those new to binary options. It has a simple to use platform that is easy to understand, with low trade sizes, market leading risk management features, while the resources for learning and support cannot be beat.

If you want to explore Grand Option further, open up an account, it is free to do so and you will get access to all the educational resources, live prices and a dedicated account manager to help you become the best binary options trader you can be. If you decide to activate and trade on the account the minimum deposit is $500.

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