In 2010, Market Punter became the first regulated Australian options broker operating at MarketPunter.com.au. They have since moved to New Zealand and can be found at simply MarketPunter.com. Despite the move, Market Punter remains one of the premier online options brokers in the Asia-Pacific region due to their superior trading platform as well as the level of reliability that comes with being regulated under New Zealand law.
Software and Features
The Market Punter platform is a browser-based platform powered by software from TradeSmarter. The platform is incredibly powerful and is designed to appeal to more experiences brokers, as there are a large amount of charts and trading tools integrated into the platform. The social trading feature is interesting, in that you can share your trades and see the trades that others are currently making. The MarketPunter.com website itself is quite well-organized and features a useful tools such as an economic calendar and market analyses. The educational center is quite scant and a demo account is absent, making the Market Punter broker somewhat unattractive to beginner traders. English support is available via live chat and over the phone.
Option Types Offered
Our Market Punter review found 56 stocks, indices, commodities, and currencies on which options are available to trade. Although the TradeSmarter platform offers a wonderful suite of trading tools, there are not as many types of trades possible as with other brokers. Regular digital options, along with 60-second and one-touch options can be traded. Depending on the type of account you have and the trade, payouts range from 70% to 90%, with losses returning as much as 40%. Market Punter also refunds the trade if the underlying asset expires at the same level it started.
Account Types Offered
Each trader at MarketPunter.com will get an account personally tailored to them based on their initial deposit. As with other brokers, the higher initial deposit made, the higher Market Punter bonus you qualify for and the larger amount of benefits you are entitled to. These benefits include individual coaching sessions as well as VIP customer service and increased returns on trades. Banking methods are protected by New Zealand law and quite extensive; deposits and withdrawals can be made through credit cards, wire transfers, and e-wallets like Skrill.
Market Punter may not be bursting at the seams with thousands of options types and clever features. What they do offer is a high-quality trading platform designed for serious traders who want to profit from their generous payouts. Additionally, the fact that Market Punter is regulated in New Zealand gives traders the added peace of mind in knowing that their trades, and their cash, are in good hands.