OptionField.com Review. OptionField offers options for binary options trading, demo account competition, three trading platforms (Webtrader, desktop and mobile) and Classic, Pro and Elite account types.
They are a relatively new broker that guarantees the best customer service and claims to guarantee withdrawals. The company is located in St. It is owned by Optionfield Limited, a company registered in Vincent and Grenadines. #24466 IBC 2018.
Important facts:
Minimum deposit: €/£/$5 (€/£/$100 recommended)
Payout: Up to 93%
Demo: Available
regulation :
NO BONUS: Discounted pro account access and 10% cashback (T&C apply)
Access an exclusive $2000 real money BinaryOptions.net demo contest Sign up here
Trading platform
The trading platform is arguably decent, based on the MT4 desktop application and powered by the MT4 Binary Options plugin available through the broker. (The plugin is owned by OptionField and does not work with other brokers).
To open a chart by clicking on an asset in the MarketWatch window, double-click on the trade to open a new trade window. When the trade window opens, select an expiry and direction, then click Enter and the trade is set. They also have a mobile app so you can trade on the go.
The platform is available on the desktop via mobil.
Expiration is set just like old fashioned binary brokers, the shortest is 60 seconds and goes up to all-day and all-day type expirations. There are no long-term options available.
The list of assets is fine if you like trading forex, but all you can trade are forex (which MT4 has set up) and gold/dollar based pairs. They had been trading Cryptocurrency at one time, but stopped doing it “because the interest wasn’t as high as we had hoped, and we’re doing it right now.”
The best part about the platform is that it is an MT4 and comes with all the bells, whistles and tools you can find. You can also trade with expert advisors through our binary platform.
Demo trading
Demo trading is also available, but you must have a full subscription to use it. A plus is that they have a demo contest where you can win real money (no deposit required) and the prize is currently $2000.
Deposits and withdrawals
Depositing is very easy as always, facilitated by credit card, bank transfer, e-wallet and cryptocurrencies. You can deposit in BTC, LTC and ETH among the many methods available. In all cases, save your money transfer and you have funds ready for immediate use. The recommended deposit is €/£/$100, but the actual minimum is €/£/$5, and the minimum trade amount is $5, but it has almost no features.
The next highest level, the Pro level, has a minimum deposit of $2000, a minimum trade of $10, and some features. OptionField’s current promotion offers Pro Account access for $500 rather than $2000.
Withdrawals are guaranteed, but timing may vary. The company aims to process withdrawals within a few hours and up to 1 day. Withdrawals may also be affected by a number of bonuses that require a turnover of 50x the bonus amount. Please consider the full terms and conditions before choosing a bonus. You can opt out at any time.
Bonus
Current bonus offers include discounted pro account access and 10% cashback on crypto trades. Terms and conditions apply, including turnover requirements. Check carefully to ensure the bonus applies to you and you are not overtrading. Bonus schemes do not require you to be forced or automatically signed up.
Complaints
As a relatively new brand, OptionField has had no complaints yet. Always all T & Check bonus offers or competitions in C, and provide all relevant IDs before withdrawal. These remain the two biggest sources of dispute between traders and brokers.
