TopOption review. Scam? Check complaints

TopOption review

TopOption is a brand dedicated to binary options. Part of a well­-known and established company, Safecap Investments Ltd., which also owns such recognizable brands as markets.com, ForexYard or GoForex.

Registration link


Sign-up to a broker from our link, spend a deposit, make a few transactions and get access to unique strategies and tools at our VIP ZONE!

What carries great credibility is that it's the owner of some of the well­-established brands in the Forex market. Taking into account the novelty, dynamics and rotations that are part of the binary options market, such a piece of information cannot be understated. It so often happens that brokers set up in exotic places and hide their identities to evade taxes or remain anonymous.

Here, we can honestly say that it's an experienced and reliable broker; in fact, one of the key players in the business. The mother-­company, SAFECAP INVESTMENTS LIMITED, is subject to regulations of the Cyprus department, CySec, as well as ASIC (the Australian Securities and Investments Commission) and the South­-African FSB department (Financial Services Board). It's clear that the company must obey the strict rules of those governmental organs.

In addition to this, markets.com – a Forex broker connected to TopOption – is the official sponsor of Arsenal London:

And all of that would not be possible without some major capital.

The website is neat and clear. The main page presents a sample of the KeyStone platform functionalities (KeyStone recently replaced SpotOption) and check the latest price charts for different assets.

There are three types of accounts, depending on the money deposited:

Starter (min. dep. $100), Pro (min. dep. $1000) and Vip (min. dep. $5000).

Table of all the benefits offered:

TopOption platform


TopOption uses KeyStone platform, which recently replaced SpotOption. It gives access to around 180 assets, divided into currencies, stocks, commodities and indices. The maximum return is around 85% which is a very generous offer when compared to other brokers.

The options are: the classic high/low, short-­term (60, 90, 120 seconds), one-­touch, touch/no touch and ProOption.

ProOption is what makes this platform unique. Addressed to advanced users, ProOption gives the opportunity to follow an asset on a comprehensive candlestick chart with a plethora of technical indicators to be allocated directly on the chart. Additionally, only ProOptions offer rollover or double-­up.

Expiry dates are few to choose from. It's hard to find more than a couple of options, the shortest being 10 minutes (short­-term options excluded), the longest 2 hours. There are no "tomorrows", "next weeks" or "next months" here.

Additional features: rollover, double-­up, selling back, trade confirmation or transaction history graph.

One of this platform's strength is one-­click trading: if you choose this feature, you no longer need to confirm every transaction, so that transactions work with no additional delays. It's also possible to go with a tile view, which makes following a couple of assets at the same time much easier.

To start your fun with binary options you only need $10, which is very low and recommended for beginners as you get to test your strategies without risking too much money.

The platform is also available on mobile devices (iPhone, Android).

TopOption deposits and withdrawals

Depositing can be handled by means of credit cards, bank wires, or WebMoney. The minimum deposit – $100. Please note your bank's fees while depositing. The minimum $100 usually means paying about $10, so you need to wire $100 and include the fee, so that the minimum deposit takes effect.

Payouts can be done without any fees using the same method we used to deposit money, so credit cards, bank wires or WebMoney.

DEMO account

The broker offers a demo account, but to access it you need to pay the principal and 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-­class client support: phone support, chat or e­-mail are available. You can call them or chat with them Monday to Friday, 24 hours a day.

Educational materials

The resource center with its analytical materials – and a great economic calendar – is continually updated.

What's at your fingertips? TopOption Academy with one­-on-­one personalized training, a glossary of common terms, e-­books, presentations, video library, webinars, market indicators, daily and weekly market reports and breaking business news.

Bonus

TopOption do not offer bonuses at all.

TopOption SCAM?

TopOption is a regulated broker with a well­-established position. There aren't many dissatisfied clients and those who complain do so as regards to the way the platform works, not handling the payouts or any other payment-­related problems. There haven't been any complaints regarding the payments.

Summary

Take notice of this binary options broker: with its low minimum deposit ($100) and minimum investment set at $10, a plethora of assets and high returns, it is a very interesting option.

When you add to this the fact that TopOption is subject to CySec regulations and that it's part of a recognizable brand/company, you get a broker with a high mark from us.

Discussion forum and opinions

Forum link

Broker details
Broker’s name TopOption
Website url www.topoption.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/no touch, short-term, ProOption
Assets 180
Deposit methods credit card, wire transfer, WebMoney
Withdrawal methods credit card, wire transfer, WebMoney
Deposit min. $100
Min/max stake $10
Withdrawal min. wire transfer – $100, other methods – min. $50
Deposit/withdrawal fee none
Profit up to 85% and up to 500% with one-touch options
Account currency USD, EUR, PLN, GBP, CAD, JPY
Bonus none
Failed transactions refund none
Demo yes, on request, after depositing money
On-line support yes
Languages English, Polish, Arabic, Russian, Japanese, French, Spanish, Italian, German, Czech, Swedish, Portuguese, Romanian, Bulgarian, Dutch
US traders no
Expiry times 60, 90, 120 seconds; 10 minutes up to 2 hours
Educational materials guide, glossary, e-book, webinars, training videos and online training
Mobile trading yes

TopOption 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:

4.5/5
(1 votes)
  • Platform: KeyStone
  • Launched: 2013
  • Registration: Cyprus
Withdrawal execution 90%
Platform 94%
Support 80%
Functionality and look 94%
Reliability 92%
Payment methods 80%
Educational materials 86%
Return 92%
Assets 94%
89% Very Good

User Rating:

91
(1 votes)

Pros
  • Cysec regulation
  • High returns
  • A wide range of assets
  • Educational materials for beginners
Cons
  • Lack of long-term options

 

 



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