While styled a number of different ways, the binary options broker OptioNXT tried to get their name to project a sense of the future and of being on the cutting edge of the binary options trading business. Based in the British Virgin Island, Optionxt.com goes much further than many comparable brokers by providing an attractive and comfortable trading environment which is enjoyable to use, and gives its traders a good chance at turning a profit.
Software and Features
The trading platform at OptioNXT is powered by a customized version of the latest SpotOption platform which looks fantastic, is remarkably easy to use, and retains all the powerful features which has made it the number one trading platform out there. Mobile trading is supported through browsers with iOS and Android apps on the way. There is sadly no demo account available and brand new traders might find that the rather spare educational center doesn’t quite have enough information to properly train them. Veteran traders should have no problems as the platform is simple and the daily market recaps can help quite a bit with strategy development. Customer service is available through online live chat 24/7 while clients can also helpfully access the customer support team through Skype or over the phone.
Option Types Offered
All the option types normally found with SpotOption are supported including call/put options, 60-second options, one-touch options, and pairs options. The Option Builder and Pro Trader live platform with roll over, sell early, and double up capability are also present. At the time of our OptioNXT review, around 60 different indices, currencies, commodities, and stocks were available as underlying assets. The high payouts are one of the best parts of trading at Optionxt.com, as profits reach to 85% and every single losing trade carries at least a 5%-10% rebate.
Account Types Offered
There are no set account levels at OptioNXT, instead each new client is offered an account customized to his or her bankroll and experience level. Some of the benefits which are offered with accounts include faster payments, personalized training programs, and the chance to claim an initial OptioNXT bonus of as much as 70% of the first deposit. Deposits and withdrawals are protected by SSL encryption and can be made through credit cards or wire transfers.
In comparison to other brokers running the same platform, Option NXT goes the extra mile to provide a great trading and customer service experience to its clients and traders. While not reaching the top echelons of the binary option broker world, Optionxt.com is still a very good broker, one which does things much better than many of its competitors, and one that should be considered by every traders looking to open a new binary options account.