On-line since: About the company: BNB Options was founded in 2014. The company provides its self-developed platform for trading. Security of funds BNB Options has got in the blacklist of the main Russian Forex regulator. Moreover, the location of the company office is not definite. Allegedly, BNB Options is headquartered in London. Trading conditions Clients of BNB Options can purchase the following option types: Binary is a standard option type. Buying it, a trader needs to specify the contract value and the price direction: upward or downward. The expiration time is from 1 minute to 1 hour. Meta Derivative is an option type similar to pending orders on Forex. The difference is that traders choose only the activation and expiration time but they cannot set the price level. Barrier options are similar to One touch options. The payoff in this option type is generous but hard to get, as it requires high accuracy since the expiration term is rather long. Minimum deposit The minimum deposit is $250. To this sum the broker adds a welcome bonus that can be used for trading but cannot be withdrawn. However, profits are withdrawable. Trading platforms BNB Options promotes its self-developed platform. Clients can use 13 technical indicators for technical analysis, but the indicators are not adjustable. They can only be either switched on or switched off. The minimum option value is $20 while the maximum is $5,000. At the same time, the number of active trades is not limited. About 50 underlying assets are available for trading including currencies, stocks, indices, and commodities. The payoff is up to 87%. Special services The BNB Options platform features the Social Trading tab that makes deals of other traders available for copying. Support Service The customer support service can be reached through Russian and British phone numbers. Payment methods Clients of BNB Options can make deposits and withdraw funds through a bank wire transfer, bank cards, and QIWI payment system. Traders’ feedback There are both positive and negative comments about BNB Options. Some traders say that they can withdraw their money with no problems, but at the same time they express discontent with the broker’s experts who cannot provide comprehensive analysis. So, if you have doubts about professionalism of some specialist, you can ask the opinion of another one. However, some other clients of BNB Options complain about difficult withdrawal of funds. So, you’d better not deposit large sums to this broker’s account. When writing this review, we had difficulties with visiting the BNB Options website. Before opening a trading account, potential clients need to test the work of this website for a week at least and try to contact the support service in order to check how fast it will respond. Pros:
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At the beginning, BNB Options was very good. But now there are huge hassle in funding and withdrawing, Almost 25 days passed, my withdrawal request of $300 via Skirill, they did not confirm my withdrawal yet. I tried to talk to the manager but cannot get them. Never answered , never replied back to my emails. So now, I am little bit worry on this broker.
It is clear and easy to use. I used to trade by PC and normally order setting which I implemented like STOP LOSS and TAKE PROFIT are executed promptly. By right the spread especially on EUR/USD pair is at 2 pips and still consistent. Almost everyday I execute around 8-10 trades but I never got any slippage with their platform even on high volatility market and they did execute my SL and tp where I set. I also like their withdrawal my last $200 withdraws done within 7 hours via Wire transfer.
Options trade is awful with BNB Options, As their variable spread could be higher in news time or their price could be requoting too. As I have experienced a huge slippage and it always a big cost for my option trading and I can't make any profit and my money withdrawal always delay through the Bank transfer. So I've stopped trade with BNB Options for last month!
Three days ago I deposited $1000 in my account via Wire transfer. I had some trouble with processing, but the support helped me and in less than 48 hours it was in my account. Also their rebate system is very interesting, you can reduce spreads by having till 1 pip back. I started my practice account with them at $250, and now, my account grows up to $505. It may be pretty good. To be honest, I can earned additional income from $200- $300 for weekly.
I was able to earn well while I traded at BNB Options. This broker has a stable platform and they have various tools to mark the charts. Withdrawing funds was also efficient. I got mine within just 2 days.
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