72OPTION

About company:

72 Option is a binary options broker that has been in the industry for over seven years.

 

Company. Fund security

Broker 72 Option was founded in 2011 and is owned by Epic Ventures Ltd. The company is based in Sofia, Bulgaria. The company's website does not contain any information about the availability of a license.

 

“Trading binary options does not require special trading skills or any previous trading experience. Both professional traders and beginners can trade options, ”the broker states on his website. In fact, trading, including binary options, requires some training and knowledge. Therefore, it is very important that traders refer to the training materials.

 

Option 72 uses SSL (Secure Sockets Layer) security, which encrypts all credit card payments over the Internet. But, nevertheless, this does not fully apply to the safety of clients' funds. Therefore, it is very important that the broker is licensed by a reputable regulatory body. Typically, these regulators oblige brokers to keep money in segregated accounts and participate in Investor Compensation Funds.

 

But one of the advantages of 72 Option is its history. She has been on the market for eight years.

 

We advise traders to be careful and read the 72 Option reviews first.

 

Trading conditions

72 Option has one of the most diverse investment portfolios in the binary options industry. It includes 20 international stocks, 12 currency pairs, 7 commodities and 20 indices.

 

The broker also protects traders from losing trades and allows you to increase profits using the Rollover and Double Up functions.

 

The minimum deposit amount is $ 250. Minimum withdrawals for credit and debit cards are $ 100 and $ 500 for wire transfer withdrawals. The broker does not charge commissions for depositing and withdrawing funds. The withdrawal process takes 5 to 7 days.

 

Trading platforms

72 Option uses a trading platform created by SpotOption. The platform supports various options such as 60 seconds, long-term options, pair, one touch, ladder, high / low. A trader can choose from 100+ assets to trade. Since 72 Option does not offer a demo account, traders cannot test the platform and familiarize themselves with all of its features.

 

Bonuses

Option 72 gives you a sign up bonus. It is available to all traders who have made a deposit to their new trading account. The percentage of the deposit that you will receive as a bonus will depend on the amount of the initial deposit. For large deposits, $ 10,000 or more, the bonus will be 100%. In addition, traders receive $ 100 for each new client who opens an account with the company.

 

Analytics and news

Traders can use the training resources available to improve their trading. 72 Option conducts direct trainings with professional traders, market analysts and other experts on binary options. These classes should help traders acquire new skills and knowledge.

 

Each trader is assigned a personal manager who helps in trading.

 

Support service

72 Option's support team responds quickly to questions via live chat. E-mails are usually answered within one to two days. You can also contact support by phone.

 

Ways of payment

72 Option deposit and withdrawal procedures are no different from those of other Forex brokers. Deposits can be made in two ways: by credit / debit card or bank transfer.

 

Pros:

 

large selection of assets; a large selection of options; popular terminal SpotOption.

 

Minuses:

 

unregulated broker; high initial deposit; long withdrawal of funds.