One look at the Global Option broker site and you instantly feel comfortable and confident with it. Perhaps that is because it is owned by the same company which owns the legendary EZ Trader platform, and GlobalOption.com is remarkably similar to it in a lot of ways. What this means is that new traders will be able to easily navigate Global Option, and embark on their trading career quite quickly.
Software and Features
Global Option runs the EZ Trader platform, which is great news for beginner traders but less than good news for more experienced traders. The platform is incredibly simple to use; even people with no trading experience can be making put and call trades confidently within minutes. The problem with the simple GlobalOption.com platform is that veteran traders won’t be able to find some of the tools and charts they are used to having. Global Option has recently added a Tip of the Day section and live news feed, which are great steps forward. They also offer a polished mobile app called GOMobile, which has been generating a lot of buzz over its simplicity and functionality. A demo account and extensive educational center are unfortunately absent, although customer service is helpful and prompt, albeit only in English.
Option Types Offered
With more than 90 underlying assets in the categories of indices, stocks, commodities, and currencies, found during our Global Option review, traders have more than enough options to choose from. Once again, beginner trades will benefit from the fact that only put/call trades and 60-second trades are available, as they won’t get confused. But even pro traders won’t need much more than that because Global Option online returns can range from 68% all the way to 95%, which are some of the highest out there. You can also get as much as 10% back on losing trades.
Account Types Offered
Once the minimum of $200 is deposited, traders will be set up with a basic account and get access to the incredibly high Global Options bonus of 50%. Although there are no set account levels, which is fair and modern, higher deposits will lead to more personalized service and larger bonus amounts on a case-by-case basis. Deposits and withdrawals can be made through a wide variety of methods, including wire transfers, e-wallets, and major credit cards.
Although there is nothing particularly new or special about Global Option, that doesn’t mean that there is anything wrong with them. New traders especially will find the ease of use quite inspiring, while the Global Option bonus and extremely high payouts are enough to make both casual and frequent traders take notice.