No1Options Review
Overview
Last No1 Options update: 6th July 2016 No1 Options is a premium binary options broker ranking among the best in the industry today. As a brand trading name for Shof… more
Read Full ReviewBroker Details
Broker | No1Options |
---|---|
Website URL | www.no1options.com |
Founded | 2012 |
Headquarters | London ( United Kingdom ) |
Trading Platform | SpotOption |
Minimum 1st Deposit | $100 |
Minimum Account Size | $100 |
Minimum Trade Amount | $10 |
Maximum Trade Amount | $2,500 |
Promotions | Welcome Bonus Up to 100% ( Up to $5000 ) |
Payout | 65-81% |
Free Demo Account | |
Trading Methods | Binary Options , 60 Seconds , One Touch , Long Term , iFollow , Forex |
Type of Investments | Commodities , Stocks , Currencies , Indices |
US Traders Allowed | |
Mobile Trading | |
Tablet Trading | |
Overall Score | 4.5 |
Full Review
WARNING! This broker is not recommended.
This broker is either not regulated or generates a large number of complaints.
Check our list of regulated binary options brokers.
Last No1 Options update: 6th July 2016
No1 Options is a premium binary options broker ranking among the best in the industry today. As a brand trading name for Shof Marketing Ltd, headquartered in London, No1options offers trading to both novice and professional traders worldwide. Since their inception in 2013, the team at No1options has been committed to developing an all-inclusive trading experience that meets the needs and preferences of all types of traders worldwide. As a result, traders can find a safe and transparent trading environment under the No1options trading umbrella.
Website Usability
Contents
When partnering with a broker, website usability should be a key factor to consider. At No1 options, from the moment you enter the website, you will notice the modern design of their site which caters for ease of use and navigation. Their homepage is well organized and all links are functional enabling a trader to enter the binary options world with ease. Everything needed to trade can be found on the site such as opening an account, the trading platform, a list of available assets to trade, banking information, educational center and much more. Placing a binary options trade with No1options is a four step process which can easily be executed even by new traders. First, select the trade option such as Call/Put, Long Term, Fast Trading, Pairs, Ladder, One Touch, Forex and iFollow (social trading). Second, you select the underlying asset to trade which can either be a commodity, a stock, an index or a currency pair. Thirdly, you can select the expiry time of the trade and No1options offers choices from as short as 30 seconds right up to a few months. Fourth, a trader will insert the amount they wish to invest in the trade and make their prediction regarding the direction that the price of the asset will move, either up (Call) or down (Put). Simple! Added to this, No1options also offers trading convenience and flexibility by providing their traders with a mobile trading platform which functions in the same way as the desktop platform.
Assets and Expiry Durations
When trading with No1options, a trader can select an underlying asset from over 175 assets. Their assets are decisively categorized into four asset classes; currency pairs, commodities, indices and stocks. Depending on one’s preference, you can trade major currencies such as the USD and EUR as well as many other major and minor currencies. Stocks available are derived from global stock exchanges and they include well-known stocks such as Yahoo, Google, and Facebook among many others. In addition, a trader can trade hard and soft commodities – Hard commodities include gold, silver and oil while soft commodities include coffee, cotton and cocoa. At No1options, you can also trade asset pairs where you are predicting which asset will perform better than the other in percentage. With regards to expiry durations, No1options offers traders a wide choice of expiry durations. Those available include short, medium and long term expiry times which appeal to a wide range of trading styles.
Commissions and Maximum Returns
No1options offers competitive payouts for ‘in the money’ or successful trades. A trade can attract a payout of up to 89% while One Touch options can offer payouts as high as 500%.
Good returns with No1Options during our broker test. Their platform is excellent with no withdrawal issues.
Demo Account
No1options does not currently offer demo trading. Instead, the broker does offer a risk free trading program based on the type of trading account opened as well as trading signals which highlight potentially profitable trading opportunities.
Promotions – Bonus
No1Options is offering up to 1oo% deposit bonus ( Up to $5000 ). Limited promotion.
Customer Service
When selecting a broker, customer service is a vital component to consider. In this area, No1options will exceed your expectations. The broker responds quickly to customer queries and the staff is responsive, reliable and professional. The customer support is available 24 hours a day, for the whole week including weekends and holidays. To contact customer support, a trader can use the live chat module available on the broker’s website, send an email or place a phone call to one of the local telephone numbers provided.
Deposit Options
Being able to deposit and withdraw funds to and from one’s trading account with ease is a vital component of trading binary options. No1options offers several secure banking options which traders can use in order to remit their payments or withdraw their winnings. Payment methods offered include credit cards, debit cards, wire transfer as well as a choice of eWallets such as Skrill, Neteller, Ukash and more. The broker’s minimum deposit requirement is currently at $100. Every transaction at No1options is secure since they use the latest encryption technologies.
No1options Broker Review: Summary
No1options is a revolutionary broker headquartered in London. Although they are not yet regulated, this broker takes the security of their trader’s personal and financial information very seriously. With an intuitive trading platform, a selection of assets and trade options, a comprehensive choice of educational trading tools such as one-on-one training, an exclusive eBook series, everything you need to succeed while trading binary options can be found with No1options.
Customer Reviews on No1 Options
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