Just when it seems like every binary options broker is starting to look the same, it is wonderful to see a refreshingly new, complete broker like Interactive Option. InteractiveOption.com has everything that a modern binary option trader is looking for, from a huge asset list and high payouts to superior customer service and account management. Perhaps most importantly, Interactive Option is completely regulated which gives traders peace of mind that they will be treated fairly.
Software and Features
The trading platform at Interactive Option is extremely powerful, providing dozens of different ways to trade, while still remaining quite intuitive and easy to use. Keeping up with the times, mobile trading is supported through apps for both Android and iOS. Training materials are extensive, though only available to account holders with different types of accounts providing different levels of access. Other extras which traders are eligible for include a trading signals service, training webinars, and up-to-date financial analyses. Five different languages are supported and customer support, which is available through live chat or over the phone, is outstanding.
Option Types Offered
At the time of our Interactive Option review, more than 250 different underlying stocks, indices, commodities, and currencies were available to trade, including an incredible 70 Forex pairs. There are myriad ways in which they can be traded, including digital options, one-touch options, range options, pairs trading, 30-second or 60-second options, and a Pro Trader which allows for options to be closed early, rolled over, or extended in order to lock in profits. It should be noted that not all assets or option types are available to all traders, access depends on which kind of account you have. Profits are slightly higher than industry standard, going as high as 85% on winning trades with the possibility of a refund of 10% on losses.
Account Types Offered
New account holders at InteractiveOption can choose from one of four different account types. The Blue account starts at 250EUR and grants basic access to 80 assets and beginning educational materials. The real benefits start with the Silver account at 1000EUR which offers signals, webinars, promotions, and the chance to claim an Interactive Option bonus in the form of risk-free trades. Higher depositors can have Gold or Platinum accounts with higher bonuses, more individual coaching, and unlimited access to all the supported assets. Secure banking is possible through credit cards, Neteller, and even PayPal.
Interactive Option is the complete package as traders who make larger deposits have access to the full range of InteractiveOption.com benefits and extras. The tired account system means that traders with only a couple hundred dollars won’t find much for them, but more serious traders with higher bankrolls will find Interactive Option to be the ideal broker.