Want to succeed with your online investments?
Is OneTwoTrade the place to profit from binary trading?
OneTwoTrade is a UK based binary options broker that has had great success in developing the British market. Review the OneTwoTrade site to find out if this broker is your opportunity to make money online.
OneTwoTrade vs Best Brokers
When reviewing the OneTwoTrade site, the most glaring flaw is the lack of proper regulation. Nowadays, there are binary options corporations which are fully authorized to operate as financial institutions within the UK, and are under supervision of the Financial COnduct Authority (FCA). This is a factor that protects you and a substantial reason for avoiding OneTwoTrade. Here is a look at three top brokers that offer such benefit.
Banc de Binary is regulated throughout Europe and also offers free signals, tutorials, ebooks, one-on-one assistance and a 100% cash bonus. The official sponsor of the Liverpool FC, not only is it safe to trade with this binary options broker, it is also a guarantee of choosing one of the most experienced and professional companies in the industry:
OptionBit is another excellent example of a broker that gives you both the tranquility of regulation as well as special advance trading tools. OptionBit developed Algobit, a software that is able to detect and execute trades with a higher probability of success by using sophisticated algorithms. All you need to do is approve the transactions and enjoy an increase in the profits on your account:
TradeRush, among the largest brokers globally, offers a free webinar that will teach you strategies, risk control and introduce you to expert and successful online investment. Although OneTwoTrade also offers good educational tools, it does so without the license that TradeRush has, and which will ensure your money is safe:
Launched in 2011, the company targets local online traders by offering a solid asset list and the high payouts usually offered by the industry. In order to avoid scam allegations that hounded other brokers, such as Cedar Finance, it created tools that help traders control their risk factor and monitor their profits. This serious approach has been praised by many in the binary market. This OneTwoTrade review analyzes this and other aspects of a constantly growing broker.
The OneTwoTrade site is not a conventional binary options site. Access to the platform and asset list is only available to registered users. The site is very informative, and although the data available prior to opening an account is simple and basic, it still is refreshing to see a binary options firm invest in a site that is more than just a trading platform.
Being a SpotOption white label, this broker offers services and an asset list similar to those available to most other companies in the field. The small differences are related to risk control mechanism, which are welcome addition.
Although focusing mainly on British traders, OneTwoTrade has made its site available in other languages, such as French, Italian and Russian, with hopes of offering this financial derivative in other European markets. So far, our review shows that this attempt at expansion has not created a breakthrough, with OneTwoTrade remaining as the binary options firm most identified with the UK.
Payouts and Options
Payouts are always significant in binary trading and OneTwoTrade is no exception, offering yields at the upper scale of the market, with customers being able to profit up to 85% on each single trade.
With an asset list that is neither sensational nor flawed, most traders will find enough currencies, stocks, indices or commodities to create a profitable investments portfolio for online trading. OneTwoTrade offer all the regular types of options, such as 60 second and call/put options.
Definitely, what must lead you to choose your preferred binary broker should not be the payout values or the quality of the asset list. Although these are important factors, they are not comparable to the reliability and trust you must feel when investing your monies with an online investments business.
Is OneTwoTrade reliable?
Although to a lesser extent than other binary options brokers, such as Cedar Finance or 24option, OnwTwoTrade has had its share of critics and scam allegations. As with most other companies, this stems mostly from two factors:
- The addition of customers which are not well prepared to succeed at online trading
- The misleading idea that anyone involved in binary trading will profit substantially
These situations normally create a percentage of unsatisfied traders who feel cheated out of their money. Yet in fact, the idea of a scam involving this broker is simply wrong. Our OnwTwoTrade review shows quite the opposite: a binary options firm committed to explaining, at least to an extent, the risk involved in these type of investment.
Another major complaint towards some brokers has been the cumbersome process of withdrawing profits. OneTwoTrade does not seem to create any difficulties to clients requesting a transfer of funds, although it is important for anyone thinking of opening an account to carefully verify what documents are necessary to ensure a swift payment.
OneTwoTrade Review Summary
- This binary broker launched its site in mid 2011 and has grown significantly and constantly since then.
- The growth is a result of a serious approach, good service, and a focus on its preferred market, the UK.
- Although it has been regulated by the LGA in Malta, this is hardly an acceptable regulatory body. Malta is the capital of online gaming.
- Nonetheless, OneTwoTrade openly warn their clients about some of the risks involving binary trading, and offer tools to minimize loss.
- A SpotOption white-label, this broker offers a well-known and easy to use trading interface, accessible to registered clients.
- Gains involving digital options can be significant. OneTwoTrade is an example of the potential of this investment, offering up to 85% payouts per trade.
- Our conclusion when reviewing OneTwoTrade is that this should rank as an above average broker, although some companies would still be preferable, specially to new customers.