TOBOR Logo

TopOption Review:

Website: www.topoption.com
Since: 2011
Payout: 85%
Min Deposit: $100
Currencies: USD, CAD, EUR, GBP, Yen, PLN
Languages: English Español Italiano Deutsch Русский Français Polski čeština 日本語 العربية

General Overview

TopOption is the industry’s first ever EU regulated binary options broker. As one of the most highly regulated brokers in the world, TopOption has earned an outstanding reputation as being fully transparent with their client fund security. Although TopOption doesn’t accept clients from the USA, they’re still well established in areas such as Europe, Australia, Asia, and Africa. TopOption has a diverse range of 180 assets to choose from that includes indices, stocks, currency pairs, and commodities. Their robust platform makes it very easy to trade these assets and start earning a profit without prior investing experience. Their mobile version of the platform allows the ultimate convenience of trading anytime and anywhere. They also have a wide range of educational resources to provide trading strategies and tutorials by some of the top binary option experts.

Platform

TopOption provides two types of trading platforms for their clients. The main trading platform is web based and the second type of platform is a mobile trading platform. This allows traders to trade from anywhere on their mobile devices. TopOption’s platform is powered by Markets.com, a leader in the forex industry with the aim to bring the same quality of service and expectations to the binary option markets. The platform uses the standard Spot Option software and is fairly simple to use for novice traders, but also offers unique features to satisfy experienced investors. TopOption offers features like, “Sell Option”, “Trade Confirmation”, “Rollover”, “History Graph”, and “Stock Pair”. For even more flexibility, TopOption has the “Option Builder” feature. This gives you more control over your trading strategy, profit, risk, and expiry time.

topoption platform


topoption platform

Reliability

TopOption is fully licensed by the European Union, which is regulated by Cyprus Securities and Exchange Commission (CySEC). It is owned by Safecap Investments LTD, which aims to be completely transparent with client funds by publicly disclosing the allocation of all deposited funds. In keeping with that philosophy, TopOption provided KPMG, one of the largest accounting firms, access to all of their accounts. This was done to ensure that funds were available and being held at reputable financial institutions. Currently, all funds are held at banks in the UK, Germany and Switzerland. TopOption provides insurance coverage of up to €20,000 per client in case of liquidity issues. In terms of deposits, TopOption offers a wide array of options that vary from country to country and cater towards the local deposit methods. This ensures that you are able to use your national credit or other deposit methods that you are comfortable with. However, TopOption does not offer Moneybookers as one of its deposit methods.

Customer Service

Despite being a relatively new company, TopOption offers expert support in multiple languages. TopOption’s resource center is packed with multi-media training tools including video courses, webinars, e-books, 1-on-1 training. It also includes a newsroom offering streaming news, an economic calendar, and daily and weekly reports presenting and explaining all the latest market updates. Once you open an account, you will receive a phone call minutes later welcoming you to TopOption and getting you started. You receive a personal account manager and a personal trading coach. This service is provided to help you learn the basics of trading before you begin risking large funds. TopOption offers multiple avenues for customer service. You can reach out by phone (via one of their nine toll free numbers), email and live chat.