Owned by Safecap Investments, the fully regulated Cypriot firm behind such well-known sites as Markets.com, Top Option is one of the most-trusted and reliable online options brokers out there today. Moreover, they provide an excellent trading experience based on the latest technology while making their traders feel well taken care of. Since its 2013 launch, TopOption.com has only gotten better, and should continue to thrive in the future.
Software and Features
The TopOption broker platform is powered by the industry-leading new SpotOption platform. However, TopOption.com doesn’t just use the off-the-shelf version, but has sufficiently customized the platform to make it truly their own. Full mobile trading is also supported. The website is clean and well-organized, with everything refreshingly easy to find, the way a trustworthy, regulated broker should be. Plenty of educational resources are available, including webinars, e-books, and up-to-date market analyses. One small complaint is that at the time of our TopOption review, there was no demo account available but hopefully that will be remedied in the future. Nearly a dozen languages are supported and telephone or live chat customer service is available around the clock.
Option Types Offered
For a newer broker, TopOption offers an impressive asset list. There are currently over 120 indices, stocks, commodities, and Forex pairs available to trade. These can be traded any number of ways including classic options, 60-second options, and one-touch options, as well as through an option builder as well as the revolutionary pro option platform which let’s traders roll over, sell early, or double up options straight from real-time charts. Payouts are in line with current standards of between 75% and 85%, while some losing trades carry rebates.
Account Types Offered
There are three different account types at TopOption.com, Starter, Pro, and VIP. A minimum $100 deposit is all it takes to get a Starter account, which includes a 100% TopOption bonus of as much as $250. The Starter account has more features than many other brokers, which is great for new traders. At $1,000 traders get the Pro account, which has a higher bonus and more individual trading support. $5,000 qualifies traders for the VIP account with personalized benefits and a $2,500 bonus. Deposits are accepted through a wide range of methods including credit cards and e-wallets.
While the rich pedigree and regulated status of Top Option would be enough to attract trader on its own, the fact that TopOption has a solid trading platform and great customer service makes it one of the hottest brokers online. There is no reason to think that they won’t continue to add new services in the future that will elevate them to the highest echelons of online options brokers.