On-line since: About the company: Option Banque offers both classic and binary options trading. If you want to open an account with the broker, read about trading conditions in our review. Company. Security of funds Option Banque is a trademark owned and managed by Capital Street BancClear Corporation Limited, registered and operated in accordance with FSA Saint Vincent and the Grenadines norms. Capital Street BancClear Corporation Limited is part of Capital Street Group, a company with a turnover of more than $2 billion a year. Saint Vincent and the Grenadines is an offshore zone, favored by many brokers, because it is possible to open a brokerage company here with only $2,000. We would not recommend traders to invest large amounts in offshore brokers with weak regulation. It will be quite difficult to return money in case of the company’s bankruptcy. Although, the company claims that it is checked quarterly by external auditors, and client funds are stored strictly on separate accounts, segregated from the company’s ones. We advise traders to read reviews about the Option Banque offshore broker before opening an account. Trading conditions Clients can trade 35 currency pairs, 17 products, 55 stocks, 14 indices and 5 bonds. Binary options The broker offers four types of options: Classic, Touch, Range, and Express. The minimum trade size starts at $1. The yield on options is estimated at 65-85%. Minimum initial deposit You can start trading with Option Banque having only $50. This is a favorable offer, especially when it comes to binary options. Spreads, commissions, leverage and trading platforms Option Banque does not provide any information about commissions, spreads, leverage and trading platforms. Apparently, a trader will find it out already after opening an account. We consider this to be an incorrect and non-client-oriented approach. Analytics and news The company has an analytical section for traders, where you can find economic news, market overview, and an economic calendar. Support service The support is available via live chat, feedback form, phone and e-mail. The team works from Monday to Friday from 6:00 to 20:00 GMT. Payment options Traders at Option Banque can deposit and withdraw money via Visa, Visa Electron, Maestro U.K., Maestro, Delta, MasterCard e-Wallets (including Neteller and Skrill), as well as wire transfers and local deposits. The minimum deposit is $50, and a maximum of $5,000 for credit cards (per transaction), while there is no limit for wire transfers. Advantages:
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I can run my business swiftly with the Option Banque and they have the best conditions and instant execution on their trading platform. Also, they have trusted payment services and many trading signals. That way my performance is amazing in binary trading. I have received my payments on time and their support team is so helpful and convenient. So I say, Option Banque have a complete program and service in the market!
I've traded on Option Banque trading platform, which isn't perfect for me, As it executed 10 to 30-sec delay, So my order didn't close or open into the right position, Also the platform's price chart differs from the live market chart. Besides, I think Option Banque broker's spread is unfair and hasn't enough payment system. So now I am a board with their unprofessional service and platform and warned about my $1000 investment.
I've satisfied with the Option Banque platform. As I can deal with 35 currency pairs, 17 products, 55 stocks, 14 indices, and 5 bonds with a fixed spread and I have found a better execution on their MT4 platform. it is builtin with a lot of trading tools too. So I can use them for better results. recently I've gained almost $1.2K and I am able to withdraw this profit through my Neteller account within a day. I am pleased with Option Banque.
This broker is not transparent to the clients about commissions. I have been trading with them for five months, and I have earned a profit. Last week was my first withdrawal, and I sent a withdrawal request of $300 via bank cards. After two days, the money was credited to my account, and I got shocked when I only received $220. They charged me $80 for the withdrawal request. I have called their client support, but it was useless because they are not giving any solutions. Stay away from this broker, and they will only charge big commissions for every transaction.
I have been trade with Option Banque for 5 months with low initial deposit 1usd, thanks to Option Banque. No problems reaching them and support has been great and is always available. I have not seen any down time on their option trading platform. The only thing they need to improve is that they should add few more payment option. Overall Option Banque is a good broker.
As someone who experienced trading with Option Banque, I would like to let you know that investing on this broker is not worth it. I opened an account with them to see if I can handle Forex trading. They have a low initial deposit that I why I chose this broker. Disappointingly, their trading platform is too shaky the fees are too high. I closed my account immediately before I lose everything.
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