We ventured into our search to find this out. We have gathered that this broker rates average and has been around for quite some time in the industry. We display their low results in the graph which can be found below.
Since we are still researching about this broker, we cannot say for sure that this broker is 100% legit. In order to be sure of our traders’ satisfaction we recommend you to Proceed to SafetyProceed to Safety OR choose one from the list of Top Trustworthy Binary Option Brokers:
Top 3 Brokers January 2017
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What is MyBoption?
When talking about online trading the first thing that comes to everyone’s mind is binary options, robots, broker platforms, etc. People who want to use an easy way for gaining profits commonly use of these tool in order to become successful traders. Especially for brokers it is of great importance that users are dealing with actually reliable and very supportive team of professionals that operate and own some specific platform. In this article, users are going to find more specific information about one of the recently launched systems, providing trading binary options opportunities – MyBoption.
First Impressions of MyBOption
MyBoption brokers platform managed to start operating really soon as for now but online traders are already talking. In fact, there are all sorts of comments available in the Internet. Most of them belong to experienced and obviously successful investors who apparently have decided to share their valuable opinion with other traders. Unfortunately the nature of their comments on MyBoption’s trading performance and customer service is very negative.
MyBoption offers a limited amount of underlying assets to be traded with, some arrange of trading tools, an unimpressive trading platform and the most unreliable support team that is expected to offer qualitative assistance and guidance when needed. The main office of the company is in London but it also allegedly has departments in several countries.
The company is claimed to provide constantly updated and current financial information, a wide variety of learning tools such as some unclear and not so useful video tutorials on binary options, market analysis and other relevant topics. The eBooks and trading glossaries are just another thing that is available but only on paper. These section provide no actual help to traders, especially to the inexperienced ones.
Trades & Trading Platform at MyBOption
The trading platform’s interface is confusing, illogical and unresponsive at the same time. All online traders thus are hindered of taking advantage of the binary options trading system. In addition, there are no indicators and charting tools to facilitate a smart selection of assets and a studied prediction.
Users are promised to be offered outstanding payouts and a good choice of tradable assets. However, the reality is that they are not able to trade binary options in all major financial markets: indices, commodities, stocks and currencies. All reliable and really professional broker platforms have that extremely important trading feature.
MyBoption – Customer Service
Customer support service is promised to be available at client’s request but the fact is that it cannot be reached neither via telephone, nor via chat and email. The also promised multilingual support staff is literally the worst possible support for online trading binary options – its members are unprofessional, very badly trained in the trading business and they really do not seem to care about traders that ask for help.
So, final conclusion is that the staff is absolutely careless regarding the company. People that work there obviously do not aim to keep users happy by giving them a reliable and solid trading experience.
Deposits, Withdrawal and Security
Deposit-making process is easy and smooth as expected, unlike the withdrawal procedure which is slow and insecure. However, banking methods include a range of credit cards, bank transfer and a large list of electronic deposit methods such as Ukash, Ideal, MoneyBookers, and many others. Well, not all of these methods are completely safe and the platform uses no top-notch technology to make sure that transactions, personal information and funds are going to be kept safe and secured.
MyBoption Bonuses Policy
The nontransparent and unreliable origin of the broker platform are not the only reason why traders keep avoiding this trading solution – this online trading system do not offer any attractive bonuses.
Beginner accounts can get bonuses only if they decide to deposit a great amount of funds. However, this is dangerous and very wrong approach to online trading binary options so in practice, users can’t benefit from any additional profits and rewards.
MyBoption is clearly going to become one the most avoided platforms in the online trading field. This is not incidental, at all. The system is earning its bad feedback thanks to its unsatisfying trading performance and proficiency to customers’ safety and satisfaction. Therefore, it is clear by its policies that MyBoption is obviously not planing to stay for a long time on the horizon of solutions for online trading goals.
Besides being really unreliable and not user-friendly the brokers platform offers nothing that every serious and ambitious trader would ask for. After taking into consideration all the facts we were able to discover about MyBoption’s members experience, we can calmly say that it is not a reliable system that traders can use for making their income-generating dreams come true. We suggest that they should find another partner for their profits earning goals.