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OptionTime review

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OptionTime a brand that belongs to Safecap Investments Ltd. from Cyprus, is a broker subject to CySec regulations. Yes, the name is similar to another broker's name. That's because TopOption and OptionTime are two children of the same mother.

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The brands work independently, however, and what makes OptionTime different is using a very well-­done and stable platform, KeyStone. We get a solid system as well as a highly functioning platform.

Since it's a part of Safecap Investments Ltd. the broker is automatically subject to CySec regulations (the Cyprus Securities and Exchange Commission; a license from Cyprus is valid all over Europe), but it's also subject to ASIC (the Australian Securities and Investments Commission) and the South-­African agency FSB (Financial Services Board), which may siggest that the brand/company must abide by strict rules imposed by governmental agencies.

A similarly high level of services seems to apply to the deposit/withdrawal system or client support. The website has been translated into Spanish, French, Italian, German, Russian, Polish, Czech, Portuguese, Swedish, Norwegian, Dutch, Danish and Arabic.

There are three types of accounts to choose from, Premium, Royal and Exclusive,  depending on how much you wish to invest. To get a Premium account you need $200,  $1000 for a Royal account, and $5000 to become Exclusive.
What makes the accounts different? First of all, bonus amounts (up to $250, up to $500 or up to $2500, respectively). But also, the experience of the manager who takes care of you (basic, professional or expert/specialist level), access to educational materials or trading signals. Additionally, all accounts are protected against insolvency up to €20,000 euro, so your deposit is under some special care.

 

OptionTime platform

OptionTime is the first broker that started using KeyStone. KeyStone company specializes in Forex-­related technology and is mostly used by another Safecap Investments Ltd. baby, markets.com. Thanks to that solution you get access to tools used in the Forex market that can also be applied to binary options: plenty of indicators to use in a detailed technical analysis of price charts. What's more, you also gain access to about 180 assets, including the bitcoin market, divided into currencies, stocks, commodities and indices.

What options does the platform offer? The classic high/low, pro-­master that allows for technical analysis of price charts using MACD, RSI, Fibonacci ratios and Bollinger Bands, speed trading (short-­term options, namely 60, 90 and 120 seconds), One­-Touch and Touch in Time (effective when the markets are very unstable).

 

The maximum expiry time is 1 hour. The shorter the time, the harder to assess the result, but – also – the higher the return. All in all, the broker is for those who prefer short­-term strategies.

Which are the highest returns possible? 80% with the classic high/low and up to 500% with one­-touch.

The platform is available on mobile devices and there's no need to download any additional applications.

Other interesting tools that may help with binary options trading: rollover, buy me out and double up.

OptionTime deposits and withdrawals

To deposit your money with OptionTime use credit cards, WebMoney, Skrill and Netteller. Payouts are handled in a timely manner, within 48 hours.

The minimum to deposit has been set at $200, and the minimum to invest is relatively low, namely $10.

DEMO account

The broker offers a demo account, but to access it you need to pay the principal and then contact the support. Paying the deposit does not mean that you have to play with options, so you can withdraw it once you're done.

Client support

High­-quality client support – you may contact them via phone, chat or e­-mail – is available Monday to Friday, 24 hours a day.

Educational materials

Education seems to be OptionTime's strong suit. While access to the materials is limited as it depends on the type of account chosen, you still get to read about all the binary options basics, you have access to the newsroom research, alerts and updates, there is a glossary, and an economic calendar updated every hour, as well as an e­book and e­-video library.

Bonus

If you deposit $200­$499 you get 50% bonus. Depositing more than $500 means 100% bonus, which cannot be higher than $5,000. The bonus can be withdrawn only when the minimum trading volume requirement has been met (40 times the value of the bonus you received).

OptionTime SCAM?

Despite its young age, OptionTime has managed to gather positive reviews from its clients. It's subject to many regulations and the deposits are protected against insolvency. Payouts are handled quickly (up to 48h) and we've not encountered any complaints. To add to this, being part of the well­-known Safecap Investments Ltd. is yet another argument for the broker's credibility.

Summary

With low minimum deposit and minimum investment amount, OptionTime is a good choice for the beginners. You can also try out the demo account to go through your strategies and get to know the platform better. Speaking of the platform – it's truly unique, so make sure to go over all of its functionalities and possibilites.

Discussion forum and opinions

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Broker details
Broker’s name OptionTime
Website url www.optiontime.com
Start of 2013
Country of registration Cyprus
Regulation yes (CySec, ASIC and FSB)
Platform KeyStone
Markets Forex, Indices, Stocks, Commodities
Options High/Low, One Touch, Touch in time, Short Term
Assets 180
Deposit methods Credit card, Wire transfer, WebMoney, Skrill, Netteller
Withdrawal methods Credit card, Wire transfer, WebMoney, Skrill, Netteller
Deposit min. $100
Min/max stake $10
Withdrawal min. no minimum
Deposit/withdrawal fee none
Profit up to 80% and up to 500% with one touch option
Account currency EUR, USD, GBP, CAD, JPY, PLN
Bonus up to 100% but no more than $2500
Failed transactions refund none
Demo yes, on request, after spending a deposit
On-line support yes
Languages English, Spanish, French, Italian, German, Russian, Polish and Arabic
US traders no
Expiry times 60, 90, 120 seconds up to 1h
Educational materials guide, glossary, video courses, economic calendar, e-books and educational online training
Mobile trading yes

OptionTime rank

  • Platform: KeyStone
  • Launched: 2013
  • Registration: Cyprus
Withdrawal execution
Platform
Support
Functionality and look
Reliability
Payment methods
Educational materials
Return
Assets
Very good

User Rating:

/5
(0 votes)
  • Platform: KeyStone
  • Launched: 2013
  • Registration: Cyprus
Withdrawal execution 90%
Platform 90%
Support 88%
Functionality and look 80%
Reliability 84%
Payment methods 94%
Educational materials 90%
Return 88%
Assets 92%
88% Very good

User Rating:

(0 votes)

Pros
  • Cysec regulation
  • Stable and advanced platform
  • Demo account access
  • High return
  • Low deposit minimum
  • Low stake
  • A wide range of assets
Cons
  • Short expiry times



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