Magnum Options Review:
Account Currency: GBP, EUR, USD
Free Signals: Yes
Trading academy: Yes
Accept US clients: No
Mobile Trading: Yes
24/7 support: Yes
Magnum Options Review
The Magnum Options Review provides all the information you need to know before you open an account with this broker. Magnum Options is found in 2013 and its popularity has increased significantly since. The company offers great features to its clients, which will be discussed in this review; We explain the results why it appeared in our top binary options brokers list. This broker using very up to date trading platform; this increase security, transparency and execution time of your traders.
Magnum Options Deposits, Bonuses and Withdrawals
The individual can invest min. 200 USD/GBP, and start trading binary options and profiting. There are many deposit options with Magnum: Credit/Debit Cards, Wire transfer, Skrill, CashU. It is a simple process that you can do it in a few minutes. The minimum trade is only 5$ on a single trade. This is a low investment compared to other brokers, which gives a great opportunity, especially for beginners to enhance their trading skills and get used to the platform and trading environment.
You can withdraw your money with the same way you used for depositing the fund. There is no question asked from the broker. It takes 1-2 days your withdrawal to be confirmed and then it reach to your account in 5 business days. These time-frames are the industry standard and it is a simple process as it sounds.
Magnum Options offer different accounts for their clients, which comes with special benefits.
- Mini Account – Min. deposit 200$. You get access to learning academy for free, which includes dozens of videos and webinars. You have everything to start trading, even if you have no trading experience.
- Standard Account – Min. deposit 1000$. Mini Account Features plus bonus up to 20% or choose 4 risk-free It simply means you do not lose a penny if your trades go wrong.
- Executive Account – Min. deposit 2500$. Standard Account Features plus an additional bonus of 30%. Also, you can get advanced trading materials and tools.
- Gold Account - Min. deposit 5000$. If you want to earn nice weekly profits, that’s your account. You have a private account manager, who helps you on an every step, giving you the best advice and provide trading strategies and signals. You are having a direct contact with him/her via Skype or phone.
- Platinum Account – Min. deposit 10 000$. This account is for advanced traders, who are making a good living trading the binary options. It includes all the account features, plus additional strategies and indicators to improve your trading and get the best results. You can get great benefits such as 100% bonus or 10 risk-free
Magnum Options Features and Benefits
You can invest in 150 trading assets with Magnum Options. You can trade traditional put/call options or trade more advanced short term, one touch or ladder options. We advise to test your skills on each option and choose the one which gives the best results.
It is possible to affirm that Magnum Options has one of the best Learning Academies among binary options brokers. It is a great place for any level of trader. Even, if you are a novice trader, this broker’s free educational materials will help to achieve your personal best and become the successful and profitable binary options trader.
After registration, you have all the support you need. The personal account manager will contact you and provide all the information and help. You can have everyday contact with him/her via Skype or Phone. They provide the best practices of trading binary options and giving the free trading tips. Moreover, Magnum Options offer 24/7 Live chat, e-mail and phone support. Their team is very professional and answers your questions in a polite and knowledgeable manner.
This Magnum Options Review proves that the broker is one of the best binary options brokers in the market.
The minimum risk is only 5 $, which is great for a novice trader. I am still learning and risking little is a huge benefit. Moreover, I trade one touch options, which give an opportunity to make a profit up to 300%. I cannot say that I am making a lot of money, but it is good additional income because I have been trading just one month. I tested withdrawal and 200 $ was deposited in my account in 4 business day.
George D, Manchester, United Kingdom
I have deposited 800$ and made a profit of 1300$ in 3 weeks. Then, I decided to withdraw 1000$ and they processed it without any issues (no questions asked). Mangum Options is a very honest binary options broker. Recommended!!!
Eden U, Antwerp, Belgium