Introduction
CTOption.com is a binary options trading platform that offers a wide range of assets for trading, including commodities, indices, stocks, and currency pairs. The company is headquartered in London and has offices in Cyprus, Israel, and the United Kingdom. The company is regulated by the Cyprus Securities and Exchange Commission (CySEC) and the Financial Conduct Authority (FCA). The trading platform offered by CTOption.com is powered by SpotOption and is available in English, Spanish, French, Italian, German, Russian, Arabic, Swedish, Dutch, Turkish, Norwegian, Portuguese, Chinese, and Japanese. CTOption.com offers a variety of features and tools for traders, including a demo account, mobile trading apps, daily market reviews, economic calendar, 24/7 customer support, and more. In this CTOption.com review, we will take a look at the regulation of the company, the different trading platforms and instruments offered by CTOption.com , as well as the pros and cons of using this binary options broker.
About CTOption.com
CTOption.com is an online binary options trading platform that was founded in 2010. The company is headquartered in Limassol, Cyprus and is regulated by the Cyprus Securities and Exchange Commission (CySEC). CTOption offers a trading platform that is web-based and mobile friendly. The platform is available in English, French, Russian, German, Italian, Portuguese and Spanish.
The company offers a variety of assets for trading including forex pairs, commodities, indices and stocks. CTOption also offers a number of unique features such as social trading, copy trading and an Islamic account for those that wish to trade in accordance with Sharia law.
The minimum deposit for a new account is $250 and the minimum trade size is $5. CTOption offers bonuses of up to 100% on deposits but these are not available to residents of the USA or Canada. Withdrawals can be made via credit/debit card, bank wire or e-wallet.
Regulations
The online trading world is highly regulated. In order to be able to trade, brokers must comply with strict rules and regulations set by financial authorities. This ensures that online trading is safe and fair for both traders and brokers.
CTOption is a regulated broker. It is licensed by the Cyprus Securities and Exchange Commission (CySEC) under license number 247/14. This means that CTOption is subject to strict financial regulation and must adhere to certain standards in order to maintain its license.
Some of the regulations that CTOption must follow include: providing transparent pricing, maintaining segregated client funds, complying with anti-money laundering rules, and more. These regulations protect traders from unfair practices and ensure that their funds are safe.
Overall, CTOption is a reliable broker that complies with all the necessary regulations. This makes it a safe choice for online trading.
Trading Platforms and Instruments
CT Option is a forex and CFD broker that offers its clients a choice of two trading platforms, the MetaTrader 4 (MT4) and the WebTrader. The broker also offers a mobile trading app for Android and iOS devices.
The MT4 is the most popular forex trading platform in the world and is available for free from the broker. The WebTrader is an easy-to-use web-based platform that requires no download or installation. It can be accessed from any internet browser.
The broker offers a wide range of tradable instruments including major and minor currency pairs, precious metals, energies and equity indices. All trades are executed on the interbank market through straight through processing (STP). This means that there is no dealer intervention or re-quotes.
Clients can trade with leverage of up to 1:500 and enjoy tight spreads from as low as 0.1 pips on major currency pairs. CT Option also provides its clients with access to exclusive market research, educational resources and 24/7 customer support.
Pros and Cons
CTOption.com is a binary options trading platform that is operated by InfiniCore Ltd, a company based in the Republic of Seychelles. The website was launched in 2014 and has since then provided its clients with a simple yet effective way to trade financial assets online.
The platform is available in multiple languages, including English, Spanish, French, German, Italian and Russian. CTOption.com is regulated by the Seychelles Financial Services Authority (FSA).
One of the main advantages of CTOption.com is that it offers one of the most comprehensive asset index you can find among binary options brokers. At present, there are more than 100 underlying assets to choose from, including currency pairs, stocks, indices and commodities. The vast majority of these assets are available for trading on a 24/7 basis.
Another strong point in favor of CTOption.com is that it uses the latest SSL encryption technology to protect its clients’ personal and financial information. In addition to that, all transactions are processed through secure channels by major banks such as Barclays, HSBC and Deutsche Bank.
Last but not least, it’s worth mentioning that CTOption.com offers one of the most competitive payout ratios in the industry – up to 85% for standard accounts and up to 90% for VIP accounts.
On the downside, one thing that we didn’t like about CTOption.com is that
Conclusion
Overall, we would say that CTOption.com is a reliable and trustworthy broker. They are regulated by CySEC and offer a good selection of trading platforms and instruments. The pros outweigh the cons for us, and we would recommend them to anyone looking for a new broker to try out.