Option fm Reviews : In 2014 a new binary options broker burst onto the scene that everybody started raving about; that broker is Option.fm. Those of us here wondered what all the fuss was about that made this broker so popular in such a short period of time. So as is our tradition, we decided that we would take a look at this broker that is attracting a large number of binary options investors even though it is just in its infancy.
The second we clicked on the icon to take us to the broker we were immediately thrilled when we arrived at the website. The menu items that were available to guide us where we needed to go were laid out nicely and easy to understand. The site was well designed and looked great, to say the least. We were definitely anxious to sign up and get started; we wanted to see if this site performed as well as it looked and as their positive customer reviews indicated.
Option fm Overview
Broker Name: Option fm Online since: 2014 Jurisdiction: UK Software: SpotOptions Max Returns: 91% Bonus: 100% Minimum Deposit: $250 Minimum Investment: $1 Maximum Investment: $5000 Currencies: USD, EUR, GBP Mobile: Yes Countries: All nations excl. USA and Africa
Option fm Bonuses and Account types
Option FM bonuses are simple; all account types are supported by 100% initial deposit signup bonus. That means that by depositing $1000 the account will instantly have $2000 worth of assets to trade. This is very generous offer for new traders. Actually it is one of the best in the industry, as it starts from the smallest minimum deposit with full 100% bonus. Many other brokers offer less bonus money for smaller deposits and only the upper account types are supported with 70-100% bonuses.
The actual account types are named as Trial, Boutique, Executive and Imperial and the further they go, the more additional features those accounts will provide for the trader. Each of the following accounts include all the features of the previous one. Let’s look at those more throughly.
Trial account: Deposit €250+
90 tradable assets
4 trading platforms
Daily market Analysis
No service fees of commissions
Boutique account: Deposit €1,000+
All the above features
100% deposit bonus
1-on-1 Training sessions
Risk Management Training
Weekly Analyst Performance Review
Executive account: Deposit €10,000+
All the above features
Daily trading signals via email, chat and mobile
Direct access to broker
Priority Access to online webinars
Free subscription to financial magazine
Imperial account: Deposit €50,000+
All the above features
Direct line to VIP broker and analyst
VIP educational program
Concierge and travel service
No investor likes to trade on a web platform that is hard to navigate around and is not laid out well; that is why Option.fm chose to go with the time-tested and popular SpotOption trading software. Both novice traders and veteran traders will have no problems acclimating themselves to this trading platform. It is a nice bonus for any trader that uses the Option.fm website.
Asset selection is another area where we really felt that Option fm excels. Most traders like a wide variety of assets to choose from and there are over 90 popular ones with this broker. There is no reason that any investor cannot find a few assets that they are familiar with and can have success trading. Option.fm customers can choose from such assets as matched currency pairs, stocks, commodities and major indices.
The combination of using the SpotOption trading platform and Option.fm’s innovative enhancement of it makes for a very pleasurable trading experience. Trading pages are well laid out and easy to understand; even the trades themselves are simple to execute and only take a few point and click maneuvers with a mouse to execute.
Among the type of options that an account holder on Option fm can choose are High/Low options, One Touch options, 60second options, Long Term options and Ladder Options. That provides a lot of flexibility and choices to those that trade with this broker. There are also several different expiration times that these option choices can be traded on.
Option.fm even offers a convenient mobile application for those investors that are constantly on the go and don’t always have enough time to trade as they would like. The mobile app gives them more access to do trading on such things as lunchbreaks, pauses in events and while commuting on mass transit to and from work.
Maximum Profit (Payout)
What do all the learning tools, the easy to use trading platform and these many trading choices add up to? The answer to that is a whole lot of chances to consistently make winning binary options trades. When an investor trades successfully on Option fm they also stand a good chance of profiting nicely; traders on the website experience return on investments as high as 91%. That is a much better return on investment than other types of market trading can consistently boast.
Option.FM Support Information
As the broker’s stature has grown, so too has its reputation for helping their traders be successful through offering personalized customer support that caters to each trader’s unique requirements. With account managers just a quick phone call or online chat message away, traders can be confident of a smooth trading experience. During OFM review, FBO tried their live chat service, and the operator was available within a couple of seconds and answered our question immediately.
All the different account packages offered by OFM have access to both customer support as well as brokerage assistance which could be considered to be a twin layer of support. A unique touch is the link that allows traders and website visitors to report urgent issues directly to OFM management.
Besides the standard live chat and a support email address that are available 24/7, there are also multiple local phone numbers listed that cover several countries from around the world, including the UK, Germany, New Zealand, Canada, Australia, South Africa and France.