Optionbit Review

OptionBit trading platform is 100% web-based so there’s no need to install new software to the computer. Binary options novices will find the Optionbit platform easy to use, intuitive and user-friendly.

When you first visit OptionBit website, you will be impressed with their homepage. Unlike other binary options brokers, OptionBit site has a clean layout. It provides you with a summary of prevailing contract prices for different options as well as presents you an easy way to contact support who can answer your queries through live chat, phone or email.

Navigation of the site is definitely a big advantage especially for binary options trading novices. The front page provides the visitor a background of the company, as well as a tutorial in binary trading and a summary of the company’s weekly promotions.


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OptionBit Registration:

OptionBit Trading Broker registration process is pretty simple – just enter all required details, and wait for the confirmation message to arrive to your mail box. You’ll need to verify your email address, then you will be asked if you’d like to open a real account or if you want a Demo account first.

The demo account works a lot like a demo account in forex trading. It lets you trade without risking your hard earned money. Of course, it is best to try the demo account first so that you can test Optionbit platform and get the hang of binary trading.

OptionBit Payoput:

If you are interested in trading for real immediately, you’ll be pleased with the generous bonus OptionBit broker offers its traders. All deposits receive 25% cash bonus which is credited daily to the investor’s account. Aside from this, all new traders get $500 welcome bonus. Keep in mind, however that you cannot withdraw the money immediately. This is covered by the bonus terms. Also, the maximum bonus payout is $500.

Payment options include Visa, Mastercard, Diner’s Club and American Express. Unfortunately, however, the site does not accept deposits from residents of the US because of the national law prohibiting online gambling.


Assets available to trade:

At present, OptionBit offers about 40 assets – still relatively few compared to AnyOption and Binarix Trading. Investors can choose from different kinds of binary options contracts such as commodity options, currencies options, indices options and stocks options.

Perhaps the biggest difference between OptionBit and all the other binary options brokers is that they have developed a trading system involving stop and extend options. With other binary brokers your investment is either in the money or out of the money, OptionBit traders can stop or extend their expiry time allowing them greater chance to create a profit.

The company also offers the touch option wherein the trader has to estimate whether an asset’s price will touch or not touch a target price. This is another way for a trader to take advantage of different market conditions to earn greater income.

Visit OptionBit Trading Platform