Pro Options is a new broker operated by London-based GameTech UK Ltd. The company is regulated by the UK Gambling Commission.
What makes Pro Options unique is that they currently operate a ‘mobile only’ platform. That said, they’ve focused entirely on providing a clear and responsive trading application. Typically, brokers operate websites and later develop trading apps. Pro Options has done things differently and put all their time and effort into their mobile app.
As a new broker, our rankings do not include trader feedback yet. Therefore, we have not yet provided a fully approved ranking.
- Demo account – no (but planned for the near future)
- Minimum deposit – £10
- Minimum transaction – £1
- Signal service – no.
- Bonus Information – 100%
- Mobile app – yes
Platform features
As a ‘mobile only’ platform, the layout of the Pro option is pretty straightforward. Front screen traders see a list of their favorite assets. From here, with one click, traders can take them to the desired asset and start trading. You can easily modify the list of assets by adding or removing assets via the ‘+’ button.
This home screen also includes account functionality, so traders can view open or settle trades and access all relevant account information and deposit and withdrawal screens.
Once an asset is selected, traders will see a graph of the asset’s price (based on the selected period) and a trade button. Traders can configure the ‘Quick Bet’ option so that the investment and duration are always set to their preferred settings. You can correct this if needed, but it’s a quick way to expedite the transaction process.
The arrows on either side of the current expiry period make it easy to modify the time frame. Directly below is the Trade button. They’re nice and large, making them easy to trade on small screens as well. Here you can check your trade size and start trading. A confirmation screen will appear confirming the position details and an indicator indicating the strike price and selected direction will appear on the price graph.
When the trade closes, the results are displayed briefly and the account balance (bottom right) is refreshed. Settled trades can be found through the corresponding menu on the home screen.
The trading experience is smooth with minimal fuss.
Choose a trade
As a brand new, Pro Options trading choices are limited. This may grow in the future, but is currently a limitation.
They offer one type of option:
Binary Options – Basic binary options. Are asset values rising or falling? These vary in expiration time from 10 seconds to 5 minutes.
The asset list includes commodities, forex, stocks and indices, but the list could be longer. These will be added as the company evolves. They also offer virtual markets like Pro100 where you can trade 24/7.
mobile
As a mobile-only operator, ProOptions has a great application.
The version of the iOS compatible app is 1.0.4 and was last updated in March. Requires iOS v8.0 and is compatible with all Apple devices.
Android version requires 4.1 or higher operating system. Also updated to version 1.0.4 in March.
Both versions of the current mobile app have been recently released, meaning there can’t be any meaningful user reviews.
Payout
ProOption’s payouts are a clear strength. The most traded asset pays out about 95%. The payout will depend on the expiry time and the asset selected. Some assets reach the 97% level.
Withdrawal and deposit options
Deposits can be made via credit card (VISA, Mastercard or maestro). Withdrawals must be returned in the same way.
ProOptions focuses on fast deposits and withdrawals. A source of dispute between brokers and traders, ProOptions aspires to be a leader in transparency in this space. No transaction fees anytime.
As a mobile-only brand, ProOptions doesn’t offer as many deposit and withdrawal methods as other companies. However, this process is very fast and is protected by the UK Gambling Commission.
other features
ProOptions offers a number of other features and benefits to its clients.
- Continuous Innovation – As a dedicated mobile app provider built on gaming technology for gaming, ProOptions plans to stay ahead of the competition through continuous improvement and new ideas.
- Low Deposit and Trading Requirements – Trade from £1 with a deposit of just £10.
