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OptionBit

OptionBit was launched back in 2009 and has a good reputation online. It offers binary options based on shares, indices, commodities and currencies. Some of the most risky options have very big payouts; sometimes over five times the investment.

OptionBit is available in several languages, including English, Spanish, Russian, Arabian, Korean, Japanese, French, Italian, Turkish, German, Swedish and Portuguese.

The company running OptionBit is based in Cyprus and operates with a license from the Cyprus Securities Exchange Commission (CySEC).

Bonus

If your first deposit to OptionBit is 250 USD or more, you will get a welcome bonus. The size of the welcome bonus will depend on the size of the deposit. Depositing $250 – $999 will give you a 30% bonus. Depositing $1,000 – $9,999 will give you a 50% bonus. Depositing $10,000 – $49,999 will give you a 75% bonus.

If you want to deposit $50,000 or more, contact the OptionBit support before you make the deposit. They will give you an individual bonus offer.

Loyalty bonus

After your first deposit, you will continue to get a bonus when you make a deposit to OptionBit. This is called the loyalty bonus and its size will depend on your account type and the size of the deposit.

Accounts

Mini Account A 200 USD deposit is enough to open a Mini Account.

One withdrawal per month is exempt from withdrawal fee.

30% loyalty bonus on deposits

Standard Account A 1,000 USD deposit is required to open a Standard Account.

One withdrawal per month is exempt from withdrawal fee.

75% loyalty bonus on deposits

Personal coaching

Video tutorial

VIP Account A 10,000 USD deposit is required to open a VIP Account.

Two withdrawals per month are exempt from the withdrawal fee.

100% loyalty bonus on deposits

Unlimited personal coaching

Video tutorial

Diamond Account A 50,000 USD deposit is required to open a Diamond Account.

With a Diamond Account, you will get bespoke perks that are much better than those available to VIP Account clients.

Trading platform

OptionBit get their platform from software developer TradoLogic. TradoLogic is a popular choice among binary option sites, so you might have encountered this platform before if you have been trading with other binary option brokers.

A lot of features are included in the platform, including the market analyzer Algobit and various tools for autotrading.

Mobile trading

The OptionBit mobile trading app for iOS can be downloaded from the Apple App Store and the app for Android devices is found at Google Play. Both apps work well with both phones and tablets.

About the binary options at OptionBit

OptionBit have several different types of binary options for sale, including Over/Under, Touch, One Touch, and Range. Some of the most risky options have very big payouts, sometimes over 500%.

The binary options with the shortest lifespan at Option Bit will expire 60 seconds after being purchased. There are also 2 minute and 5 minute turbo options available. Classic binary options at OptionBit will have a lifespan of at least 30 minutes.

For most binary options, you are allowed to close your open position prematurely instead of waiting for the option to expire. Another interesting feature at OptionBit is the feature where you can elect to increase your investment in an option that you already own. For many binary options, you can do this until there is just 2 minutes left of their lifespan.

Examples of shares available as underlyings for binary options at OptionBit

Deutsche Telecom Exxon Mobile France Telecom General Electric Morgan Stanley
Toyota Gazprom Mitsubishi Mc Donald’s Siemens
Disney Ebay Renault Telefonica Bayer
Vivendi Baidu Allianz BP Apple
Citigroup Coca Cola Vodafone Microsoft Sony
Honda Intel Amazon Boeing Repsol
Danone Google Konami Nike
HSBC Chevron BMW Total

Examples of indices available as underlyings for binary options at OptionBit

CAC FUT FTSE 100 FUTURE SPI 200

FUTURE

NASDAQ FUTURE NASDAQ
IBEX NIKKEI 225 AEX-25 TOPIX 500 BOVESPA
S&P FUTURE DAX FUT

Examples of currencies available as underlyings for binary options at OptionBit

AUD/USD EUR/GBP EUR/JPY EUR/USD GBP/JPY
GBP/USD NZD/USD USD/CAD USD/CHF USD/JPY
USD/NOK USD/RUB USD/SEK

Examples of commodities available as underlyings for binary options at OptionBit

Gold Silver Copper Crude oil

Transactions

OptionBit accepts several different transaction methods, including Neteller, Skrill, VISA, MasterCard and bank transfers.

The smallest possible deposit is 200 USD.

If you have a Mini or Standard Account, you can do one withdrawal per month without paying the withdrawal fee. If you have a VIP Account, you can make two free withdrawals per month. If you are a Diamond Account holder, you will get individual solutions concerning withdrawals.


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