The name of the binary option broker PIToption is meant to evoke the thrill and the mayhem of being down on the trading floor of a major exchange. However, the reality of trading binary options at PIToption.com is that their website and trading platform are so simple to navigate and use that trading will be easier than ever before. PIToption may not be the best binary option broker out there, but they do a lot of things right and offer a wonderful trading experience.
Software and Features
One of the reasons that the PIToption platform is so easy and intuitive is that it is powered by SpotOption, the number one binary option software program in the world and operated by the legendary Hortense Holdings Limited. It’s a good thing that the platform is so easy to use, as the educational portion of PIToption.com leaves something to be desired though the basic training videos and guided tour certainly provide a basic level of understanding. Additionally, daily and weekly market analyses are provided to traders as a way of devising strategy, though unfortunately a demo account as a way to test strategy is not currently offered. Customer service is offered in multiple languages through live chat on the website, through Skype, and over the phone.
Option Types Offered
A decent number of underlying assets were listed at the time of our PIToption review; around 60 commodities, stocks, currencies, and commodities in all. These can be traded as regular digital options or pairs with payouts as high as 81%, 60-second options with payouts as high as 75%, and one-touch options which carry profits of up to 500%. Traders can also customize their options through the Option Builder and adjust open positions straight from live charts using the Open Platform.
Account Types Offered
When first signing up for an account, it is advisable to check the box requesting a call from a PIToption representative so he or she can help customize your account to your exact specifications based on your amount of capital and trading history. In addition to the benefits that every account has, certain customers may be offered extra perks such as individual coaching and signals services as well as a PIToption bonus on first deposits which could be worth as much as $5,000. PIToption.com accepts payments via major credit cards and wire transfer services.
It is the straightforward nature and ease of the trading platform, combined with the sense that you are being looked out for, that makes trading at PIT Option such a wonderful experience. And while PIToption.com may have fewer extras than other sites, the lack of complication can be a great way to focus all your energy on making the best and most profitable trades possible.