We have made a research of Elite Options and found out that they do not rate highly and there is no significant data about them. As an alternative we have selected our Top Safe Binary Brokers along with detailed reviews for safe and secure trading.
Since we haven’t gathered enough information yet, we cannot confirm that Elite Options is safe. You can Proceed to Safety OR Choose one of the Top10BinarySignals approved and safe Binary Options Brokers:
Top 3 Brokers February 2017
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Elite Options Scam
When it comes to choosing a broker, one thing that you must look for is whether they are regulated or not. Elite Options is not a regulated broker and they do not hold any licenses from authorities such as CySEC. But, they are very new in the market and this is the reason, we cannot assume that they are a scam. We are continuing our investigation and will keep traders updated when we find more information about them. Until then we recommend you to choose another approved binary options broker to trade with.
Elite Options Review
Launched in October 2015, Elite Options is the latest binary options broker to hit the market. They are powered on the Leverate BX8 platform and are based in St. Vincent and the Grenadines. Currently, their platform is accessible only in English, but they are not going to offer other languages soon. According to the broker, the rate of returns that traders can expect is between 70% and 90% but there is no real proof for those claims.
Elite Options Demo Account
Demo trading is very important in binary options trading. It is essential for both beginner traders and expert traders to test out the trading platform before signing up for an account with a broker. Having a demo account can help traders become familiar with the platform and its features. It can help traders test their strategies and develop new ones. Most importantly, it can help beginners learn the basics of trading without risking any real money. But it is quite unfortunate that Elite Options does not offer demo trading.
Elite Options Minimum Deposit & Withdrawal
The payment options offered by Elite Options include credit cards, bank wire transfer and ewallet options including WebMoney, Neteller and CashU. The minimum amount that is required to make a deposit is $250 and the minimum for a withdrawal is $50 only. Although deposits are instant, withdrawals can be a bit complicated because traders have to verify their identity first and provide proof of address and we found a lot of traders’ complaints on the Internet concerning a very slow withdrawal and transaction procedures.