At first glance, OptionRama has one of the finest-looking websites and platforms of any broker today. The site at Optionrama.com is gorgeous, and the trading platform itself is clean, organized, and beautifully optimized for multiple devices. However, behind the glitz and glean of the website itself, Option Rama falters, as they offer very few other features that traders can benefit from.
Software and Features
The web design team at Optionrama.com should be commended for their modern, crisp, and beautiful website. The site looks amazing, and the look and feel of the trading platform is the same level of quality. The Optionrama broker platform is optimized to run on PCs, tablets, and smartphones equally well, giving traders incredible flexibility and functionality. On the downside, there is little else found on the Optionrama platform. Few charts are available and their educational academy is almost completely empty. It was also extremely hard to find basic information on their website, such as an asset list or bonus information. Live chat is supposedly offered, but was unavailable at the time of our Optionrama review.
Option Types Offered
Without a full asset list, it is impossible to say exactly how many underlying assets are offered by Optionrama. However, while trading there seemed to be a fairly average number of stocks, commodities, currencies, and indices. These could be traded as traditional digital high/low options, as well as through one-touch trades, boundary trades, and 60-second trades. Payouts are in line with industry standards, with averages running between 70% and 75%.
Account Types Offered
Each customer at Optionrama is treated uniquely, with account benefits and Optionrama bonus offers being granted on a case-by-case basis. It is advisable to contact an Optionrama representative over the phone or through live chat before making a deposit in order to secure the best possible account advantages and bonus payout. Deposits and withdrawals can be made through major credit cards, with wire transfers accepted for larger amounts of money.
The look and feel of the Optionrama.com website and the trading platform are truly excellent and easy to use. However, this positive is tempered by the fact that there are very few other advantages to trading with Optionrama. The lack of information found on their site is a bit disturbing, though to be fair they are happy to provide their address and contact details, proving that they are legitimate. With that in mind, some trader might really enjoy trading at Optionrama, especially for trading on mobile devices.