Since its launch in 2011, the Cyprus-based GT Options broker has done a great job keeping up with the trends in binary options trading and providing their clients with the best possible trading tools and platform. GT Options has positioned itself as a broker for more experience traders by offering myriad different option types, the SpotOption 2.0 platform, and by requiring a higher initial deposit, while providing more basic services than other brokers.
Software and Features
The trading platform found at GTOptions.com is powered by the SpotOptions 2.0 software, which is some of the most intuitive and versatile software suites out there. Not only is it fast and easy to use, but it has more integrated charts and options types than other previous iterations of the software. In addition to the regular account, traders who make a deposit have access to a demo account with $50,000 in play cash. While the GT Options educational tools are nothing special, their customer support is available round the clock, seven days a week over the phone or through live chat on their site.
Option Types Offered
As of this GT Options review, there were 71 underlying options available to trade in the categories of stocks, indices, commodities, and currency pairs. The GT Options adoption of the newest trading platform means that these 71 underlying assets can be traded in literally tens of thousands of ways. In addition to standard high/low, 60-second, one-touch, and ladder options, GT Options online platform allows traders to trade pair options, where you try to beat the returns of a second asset, rollover options, and sell back options where you can take profits before the option expires. Returns are quite high, with some options advertised as carrying as much as 90% profits.
Account Types Offered
For a modern broker, the $250 minimum deposit requirement is quite high, although that shows that GT Options isn’t around to just attract new, $5-a-trade investors. Account benefits are given to everyone, with each trader being treated slightly differently based on their initial deposit and account activity. However, one great thing is that all traders can benefit from a GT Options bonus of as much as 100% their deposit. Deposits and withdrawals can be made via credit card, wire transfer, and Skrill, with withdrawal requests generally processed in a quite timely fashion.
There are a lot of things at GT Options which experienced, veteran traders will appreciate. The high returns and large bonus are of course a nice draw, while the massive amount of different option types allow traders the flexibility they are looking for in modern options trading.