ZoneOptions is a recognized binary options broker. It was originally founded in 2009. ZoneOptions was acquired by Rodeler Ltd in 2014, who changed and upgraded the whole trading platform.
ZoneOptions is a regulated binary options trading broker. ZoneOptions is owned and managed by Spot Capital Markets Limited.
The Zone Options broker is regulated by CySEC which gives it permission for providing binary options trading services in the EU. The license number is 207/13.
The fact that this broker is regulated ensures that the customers’ funds are secure.
Types Of Trading Accounts Offered By Zoneoptions
Zone options offers four type of trading accounts for its traders to choose from. These account types are: Beginner account, Advanced account, Professional account and the VIP account.
The different accounts have different features and they require different amounts of money to open. The beginner account is recommended for beginners and it requires a minimum deposit of $250. The Advanced trading account requires a minimum deposit of $500. The professional trading account requires a minimum deposit of $2,500 while the VIP trading account requires a minimum deposit of $5,000.
The traders have the liberty to choose from three base currencies which include: USD, EUR and GBP. The base currency is chosen when registering for a new account and can’t be changed latter; so the trader should be careful and keen when choosing it.
Apart from the four trading accounts, ZoneOptions also offers trading signals. Although this signals doesn’t gurantee success, if they are used wisely they can turn out to be a very good binary options trading tool. The correct use of these Trading Signals can improve the trader’s trading skills and result into a substantial increase in returns. The broker actually avails the trading signals in more than sixty different binary options.
Zone Options provides a variety of trading options with different expiry periods and thus provides signals with different expiry times. It has signals with one hour expiry, thirty minutes expiry and fifteen minutes expiry. If the signal has a short expiry, the trader have to act quickly before the signal’s deadline is reached.
So as to help their traders who are using the trading signals, Zone Options trading signal shows a color coded level meter which is referred to as the ’power level’, and it indicates the risklevel of the signal. When the color coded level meter is Green it shows that the signal is highly potentially reliable. If it is yellowish, it shows that the signal is less reliable.
ZoneOptions Trading Software
The broker has a very simple and user friendly website. On the other hand, the ZoneOptions trading platform is aset of advanced features for trading.
The trading software that the broker uses is from TechFinancials solution. The trading platform stretches across the entire trading window; it utilizes the entire platform in a special manner.
ZoneOptions understands that technical analysis is a crucial practice when trading binary options. The technical analysis tool which is linked to the link on the trading graph is simply a large graph with several graphing tools to help in finding indicators in the graph so as to enable the trader to have proper predictions of the future price movements.
Types Of Trade Options
- ZoneOptions allows trading binary options using several kind of options.
- On their trading platform, the trader just have to go to the left side and choose the type of option. The trader will also be able to filter other option preferences like the asset type and expiry time.
- The minimum allowed investment is $5 while the maximum allowed investment is $20,000.
- The maximum returns with ZoneOptions is 85%.
ZoneOptions Banking And Company Information
If you g to the Banking page of the ZoneOptions website, you will realize that it is easy to use and you will not have problems navigating around it. Their many money transaction options are transparent.
The allowed money transaction methods that ZoneOptions offers are: MasterCard Debit, Visa, MasterCard, Discover, CartaSi, Visa Delta, Maestro International, Visa Electron, Carte Bleue, Dankort, Skrill, PayPal, OKPay and Neteller.
The Minimum deposit required to open the least type of account is $250 when using the other types of transaction methods other than bank wire. When using bank wire the minimum deposit is $500, which is just twice the normal amount. For a trader to have full access to his or her trading account, they have to submit several documents for verification purposes. The same methods used for depositing are the same for the withdrawals. The withdrawal process takes up to 5 days. For the rest of transaction methods, the withdrawal process is free from any fees.
The ZoneOptions broker mainly targets the English and Spanish speaking territories. However, their customer support team is multilingual and it is always ready to step in in case of anything.
In case of any issue, ZoneOptions traders can simply contact the ZoneOptions support desk through e-mail, WhatsApp, live chat and phone. The live chat is the best option for quick response especially to urgent matters.
Their responsive customer support team have played a great role in ensuring that the broker is not involved in any scam.