Probably the best way to describe TDOptions is to say that it is a very good binary options broker. While that might not seem very strong or enticing, it is actually quite a compliment in an industry where many brokers do as little as possible. TDOptions.com features an excellent trading platform, has a decent amount of useful extras, and a better than average payout schedule and though they may not do anything groudbreaking, what they do, they do well.
Software and Features
The TDOptions trading platform is powered by the latest version of the SpotOption software, the most trusted and used platform in the world. In addition to the online platform, mobile trading can be done through downloadable Apple or Android apps. The TDOptions training academy is better than most, with a handful of videos, articles, demos, and even an ebook. Unfortunately demo accounts were not offered at the time of our TDOptions review. Daily and weekly market analyses are kept up to date, as well. The website, trading platform, and live chat support are offered in English, Chinese, and Indonesian, while a further 11 languages are supported through local telephone numbers.
Option Types Offered
There are a large amount of stocks, commodities, currencies, and indices available at TD Options as underlying assets, with nearly 90 at the time of this review. These are all able to be traded as standard call/put, 60-second, pairs, and one-touch options. The much-loved SpotOption Option Builder and Pro Trader features are also supported, giving traders the opportunity to customize options and sell them early, double them up, or roll them over to another expiry period. Payouts are very high, ranging from 75%-88% while most losing trades carry rebates which can reach 10%.
Account Types Offered
For those traders interested in qualifying for a TDOptions bonus, which can be as much as 50% the initial deposit, it is important to contact a customer service rep when creating an account to make sure that you meet the eligibility requirements. Various account perks are offered to traders who have more experience and who make larger initial deposits. These perks may include the consultations with a senior broker, an individual account manager, free signals, and even the chance to get higher returns. All major credit cards are accepted and accounts can also be funded through wire transfer or services like Moneybookers or CashU.
TDOptions doesn’t have the largest asset list, the best training academy, the highest payouts, or the most deposit methods. But they are better than average in each and every one of these things, while at the same time offering one of the very best trading platforms currently on the market. That makes TDOptions.com a broker worth a look or two from every prospective trader.