The Canadian broker RB Options has come a long way in its two-plus years on the market. The humble RBoptions which launched in 2012 didn’t make very many waves in the binary options industry, but they have worked hard in order to move up into the big leagues. With one of the best educational centers of any online broker today and a commitment to customer service, RBoptions.com can now be considered to be one of the top brokers in North America, if not the world.
Software and Features
The RBoptions broker platform runs on the TechFinancials software engine, which requires no downloading and a mobile app is also available. The platform is quite powerful along with being simple to learn and master. But as good as the platform is, what makes RBoptions.com really shine is its educational center and resources to help traders learn and improve their trading. Analysis methods, webinars, an e-book, more than 50 books, and a free demo account are all provided to RB Options traders. Moreover, traders get access to one-on-one coaching sessions that can take their trading, and profits, to the next level. Live chat and phone support is available 24/7 and is incredibly friendly and helpful.
Option Types Offered
With around 70 stocks, indices, commodities, and currency pairs found during our RB Options review there are a pretty average amount of underlying assets. However, with the power and flexibility of the TechFinancials platform, these assets can be traded with many types of options. Call/put, one-touch, ladder, pairs, and 60-second options are all offered, along with the ability to sell options early, double up, or roll them over straight from the charts. Payouts are extremely high, with returns topping out at 88% and 10% rebates on losing trades.
Account Types Offered
Perhaps one of the biggest downsides to RB Options is that many of its wonderful features are only available to a certain number of big-money clients. A minimum deposit of $250 gets you almost nothing except the right to trade, and even the Silver Account, granted with an account balance of $500-$2,5000 gets you limited functionality along with a 25% RB Options bonus. It takes a deposit of more than $10,000 to get the big bonuses and one-to-one training, which is out of reach for most amateur traders.
While it is absolutely true that RB Options treats its traders better than nearly every other binary options broker on the market, it takes some serious cash to be able to get that kind of luxury treatment. But for veteran traders looking to take advantage of a professional service and reap huge profit margins, RB Options is definitely one of the first brokers to look at.