OBmarkets Binary Option Platform Review

Introduction

Broker extras such as an extensive educational academy or social trading network are nowhere to be found on OBmarkets.com. This is perfectly OK though, as OBmarkets gives trades one great reason to choose them over other binary option brokers: high payouts. With some of the most consistently high profit margins in the industry today, along with a guarantee to return at least some of every out-of-the money trade, OBmarkets is the broker for traders who want to earn real profits.

Software and Features 

The OBmarkets platforms runs on a modified version of the new SpotOption platform, providing supreme functionality with intelligent ease of use. The platform can be learned in mere minutes with a handy tutorial video and guided tour on hand to help first-time traders get used to trading binary options although the lack of a demo account is a bit disappointing. Other website extras at OBmarkets.com. include daily and weekly market recaps to help traders craft up-to-date strategies. Live chat support is available through the website or directly in the trading platform 24 hours a day, 7 days a week.

Option Types Offered 

During our OBmarkets review there was a fairly average number of underlying assets supported; around 80 stocks, commodities, currencies, and indices in all. The updated SpotOption platform allows for these assets to be traded with a number of interesting option types, including standard digital options, 60-second options, and one-touch options. An option builder features is also available, as is an open trading platform which allows for options to be monitored in real-time charts and options can be sold early, rolled over, or doubled up. Payouts are wonderfully much higher than industry standards, ranging from 80%-88% for in-the-money trades while all losing trades carry a 10% refund.

Account Types Offered 

OB Markets only offers one type of account which is customized to each trader based on his or her trading preferences, experience, and investment amount. Be sure to request a call from a customer service representative when you first set up an account to make sure that you get the best possible package of benefits including the possibility to claim an OBmarkets bonus. 128-bit SSL encryption protects all transactions and deposits and withdrawals can be made with major credit cards or through wire transfers.

Conclusion 

Although a fun and pleasant trading experience certainly makes trading binary options more enjoyable, earning the most money possible is what traders really want. OBmarkets.com. may not have all the extras that other brokers use in order to attract traders, but they do have the one thing that matters to traders the most: high profits. This alone should be reason enough for every binary option trader to consider opening an account with OBmarkets.