As one of the few binary options brokers to not only accept US traders, but to actively market towards them, Platinum Trader has a distinctly American feel to its site and platform. However, traders from other countries shouldn’t feel put off about this, as they would be missing out on a solid binary options broker. They would also be missing out on the large Platinum Trader bonus, which is one of the most generous in the industry.
Software and Features
The familiar SpotOption software is the engine that powers the online trading platform at PlatinumTrader.com. SpotOption’s blend of functionality and simplicity has made it the top platform on the market, and the Platinum Trader broker takes advantage of all it has to offer and heavily advertises the fact that trades can be made with a single click. With just an e-book and a few short articles, the educational center is a bit paltry, but that is compensated for by the fact that Platinum Trader does offer a free demo account. The market analysis and trading tools are also better than those at most other brokers. Live chat support and telephone support is available in English 24/7.
Option Types Offered
With 65 different underlying assets in the categories of stocks, commodities, currencies, and indices, there are a good range of options to trade at Platinum Trader. Through the SpotOption platform, they offer standard digital high/low options, 60-second options, one-touch options, an option builder tool, and meta options traded straight from the charts and which can be rolled over or sold early. Payouts top out at 85%, which is quite high, with out-of-the-money trades carrying small refunds as well.
Account Types Offered
Accounts are not divided into different levels at PlatinumTrader.com, which is reasonable given that they require a relatively large initial deposit of at least $350. However, with that first deposit, traders are given a huge Platinum Trader bonus of 100% on that deposit, which can be worth as much as $5,000. That kind of bonus alone makes PlatinumTrader worth it, as it can really enhance your account balance. Deposits can be made through secured credit cards and wire transfers and withdrawals are processed within just a few days.
For traders who are really looking to profit from binary options trading, especially those traders hailing from the United States, there are far worse places to trade options than Platinum Trader. The combination of their powerful trading platform with their larger than average payouts and bonus values is quite a potent one, and one that deserves to be seriously considered by options traders.