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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Omega Options Review
Omega Options is a new trading platform that has promised to help a number of individuals for earning profits with binary options trading. The traders can choose from 100 financial assets such as stocks, indexes, commodities and currencies. Read in details what we found about this broker in this review.
Is Omega Options a Scam Broker?
It is fair to ask this question if you are new to this type of binary options trading. There is not enough feedback provided to make any certain conclusions. Our team recommends you to sign up with an approved and trusted broker instead and stay on the safe side.
Omega Options has its android and iPhone app available for the investors to trade while they are on the go. Social trading and tools are also being provided. The only trouble with signing up here is that the system is new and we could not find enough information that gives us the confidence to say that it is safe to sign up with. If you don’t want your time and money to go wasted, it is recommended to sign up with an approved system instead. That way, your profits will always be secure.
Trading Platform, Account Types & Bonuses
Omega Options is operating on the Panda trading platform. There are four types of binary options – High/Low, One Touch, Hyper Options in 30 seconds, 60 seconds, 2 minutes, 5 minutes, and 10 minutes. The return claimed on their official website is between 60 to 85 percent, depending on the option and expiry time.
Omega Options is offering a variety of trading accounts and bonuses to its traders. When you join the platform, you are going to see the following account types:
Micro account ($250 minimum deposit and 25% bonus)
Standard account ($500 and 30% bonus)
Silver account ($1000 and 40% bonus)
Gold account ($5000 and 60% bonus)
Platinum account ($10,000 and 100% bonus)
Diamond account ($25,000 and 150% bonus)
Mini corporate account ($50,000 and 150% bonus)
Corporate account ($100,000 and 150% bonus)
Managed account ($150,000 and 150% bonus)
Note: Read very carefully the Terms and Conditions Section of the binary options broker because there might be hidden clauses and requirements associated with the withdrawal procedures of the bonus amounts. Also look for hidden taxes and fees.
Deposit & Withdrawal Procedures
The broker is providing a few payment methods for making a deposit. The options provided are credit card, fast bank transfer, wire transfer and web money. But transferring your funds is not proofed to be smooth and convenient.
You have to make a request for withdrawing the money. It will take 7 to 10 business days for approving and processing the withdrawal request. You have to perform the withdrawal through the same bank account or credit card used for depositing the funds. You might be asked to provide additional information and documents for the deposit.
The website has all the information a trader needs to get started with trading. There is a complete FAQ section that addresses all the common questions a trader might have. You can readily contact the support team. Apart from telephone and email support, live chat support is available too.