OptionFM stands for OPTION FINANCIAL MARKETS. OptionFM were founded in early 2014. They describe themselves as a boutique binary options brokers as they provide quality service that is customized to suit the trader’s needs. In their asset section they have a very informative list of more than 90 available assets, including useful descriptions of each asset and times available to trade on said asset. This is a very useful list and would be especially helpful to more amateur traders who are still getting used to the market functionalities.
They have experienced brokers at hand to inform you of trading opportunities and keep you updated with all the market news.
Average Pay-out: 73-91%
Account Currency Options: EUR/USD/GBP
Minimum Deposit: $250
Minimum Trade Amount: $1
Minimum Withdrawal Amount: $100
Deposit Methods: Credit Card, Debit Card, Skrill, Moneybookers or Bank Wire Transfer.
Trade Assets: Currency Pairs, Stocks, Commodities, World Indices
Accessibility: PC, Laptop, Tablet, IPhone, Android
Contact: 24 hour Live Support Chat, Email, Worldwide local Phone numbers
Languages available: English only
US welcome: NO
Expiry Times available: Good selection
Times shown: GMT
OptionFM have a pretty good selection of assets to trade on and they offer both short and long term options. They used to offer Ladder trading but seem to have removed that option now.
There are four main types of account available depending on how much you are willing to invest with them.
Trial Account: $250+
Boutique Account: $1,000+
Executive Account: $10,000+
With all account tiypes you are entitled to daily market analysis and with the Boutique account and up you receive numerous other benefits, such as bonuses, trading Webinars, trading Ebooks, performance reviews, even one-one training and much more.
They’re payout return percentage amounts go up to an impressive 91% so you have opportunity for high paybacks.
The fact they offer trading for as little as $1 is great for first time traders. This means you can practice your trading strategies and techniques with very little risk. Low risk trading is a great bonus for all traders whether you are new or experienced but wanting to try out new strategies.
Their withdrawal procedure is pretty standard. As long as you provide all the usual compliance documents you should have no withdrawal issues.
Option FM use the Spot Option platform. This chart indicator has great accuracy and is very stable and fast so you really have a reliable platform to trade from.
They offer the most popular four trading systems; One Touch, 60 Seconds, Call/Put and Long Term. Some brokers do have a wider selection, however Option FM have covered the most popular.
Despite being reasonably new to the binary options trading industry Option FM are now very well established. They offer a good range of trading support and advice and they have plenty of professional brokers at hand to assist you.
Unfortunately Option FM is not yet accessible for USA traders as they are not yet regulated for the US. However for the rest of the world they are a great choice, with high quality information and services available, especially to those with premium accounts.