Magnum Options is a pretty established financial brokerage that has been having an ongoing relationship of ups and downs with its existing client-base.
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The market coverage varies from Forex, Stocks, Commodities, and Indices, while there is also the option of trading Pairs along with the traditional financial products.
Hence, they do not have to lose any money on exchange rates, which fluctuate a lot. MagnumOptions vs Redwood Options We have thoroughly analyzed both these brokers to understand the features they provide, and the advantages and disadvantages of doing business with them. We did found that both these brokers are reliable and they enjoy a favorable reputation with the traders.
They are known to offer guaranteed payouts and other lucrative features. They have made a mark for themselves in the world of binary options trade.
Hence, if one wants to start trading by investing the least amount possible, MagnumOptions will be the right choice. Overall, both the brokers offer sufficient payment processing options to make deposits or withdraw earnings from the sites.
In conclusion, traders who would really like to invest a lot of money and get higher returns from their investment should opt for Redwood binary options broker. Given the fact that the maximum return percentage is same for both of these brokers, it will be difficult to choose any one of them based on the criterion of returns alone.
The bonus trading terms for MagnumOptions is 20x — 50x, whereas it is 30x for Redwood. The currencies accepted by Redwood are: Redwood offers a early close but MagnumOptions does not. On the other hand, MagnumOptions offers a mobile version but Redwood does not.
US players are accepted by MagnumOptions but not by Redwood. For the residents of the United States, it will be more convenient to open an account with MagnumOptions binary options trader. Boss Capital The traders always want to improve their chances of making money through binary options trading but are also looking for a reliable and fast broker. We have thoroughly analyzed two popular brokers to understand the features they provide, and the advantages and disadvantages of doing business with them.
MagnumOptions — Boss Capital: Once they make the deposit and verify their identity, they can start trading binary options. Making the deposit to these sites is also very easy and convenient, given the fact that they offer a variety of payment options to the traders.
For traders who want to start trading by investing the least amount possible, MagnumOptions will be the right choice. For those preferring higher returns of their investment, Boss Capital should be the right choices.
Hence, if one would really like to invest a lot of money and get higher returns from the investment made service of Boss Capital binary options broker is advised. However, traders who invest a small amount of money, take lesser risks, and are happy with a little less return, can opt for MagnumOptions. The bonus trading terms for MagnumOptions is 20x — 50x, whereas it is 30x for Boss Capital.
Boss Capital offers a demo account and early close but MagnumOptions does not. On the other hand, MagnumOptions offers a mobile version but Boss Capital does not. The Verdict Traders who are looking for more features, higher returns and are willing to invest more money, should opt for Boss Capital.
However, if they want to invest a lesser amount of money, and will be happy with comparatively lesser return, they should opt for MagnumOptions. Use the demo mode to improve your skills and test the platform risk-free. FXMasterBot is using an advanced algorithm developed by professionals, which follows the market movements and delivers only the best trades directly to you.
Get a free FXMB account today! However, things take a nasty turn for Magnum Options traders, in particular for those investors who have invested in the company for its European roots. Brokers from the EU typically enjoy a privileged position among the global community of traders, mainly due to the regulatory protection offered to investors, and the numerous laws that are designed to safeguard investments and the integrity of the financial markets.
Magnum Options, on the contrary, is a European company that is not regulated by the FSC of Bulgaria or any other European regulatory organisation to provide financial services to traders anywhere in the world. The company itself does not provide any reassurances to its clients about the potential for a regulatory license, neither is the company committed to enhancing investor protection through proactive measures. Hence, we have come to the conclusion that the parent company has developed different binary options brands and their associated websites in an attempt to penetrate the highly lucrative retail trading market.
The market coverage varies from Forex, Stocks, Commodities, and Indices, while there is also the option of trading Pairs along with the traditional financial products. Here is the full list of instruments that are made available to traders: The broker does offer different binary options products with varying levels of payouts and expiry times.
However, if you are looking for the maximum profits, and if you are comfortable with your risk threshold, the One Touch and Ladder options may provide higher returns. Regardless, the maximum limit may be unsuitable for larger investors, mainly due to the higher account categories that are reserved for larger depositors and account holders. Magnum Options Trading Platform The Magnum Options platform is a tried and tested trading interface, which is a customised version of the SpotOption trading platform.
The SpotOption interface is a third-party binary options platform, which is developed to provide trading support for companies that do not have the resources or the technical prowess to develop a branded or proprietary trading software.
The SpotOption is a part of the highly popular and feature-rich binary options platforms in the market that have excellent reliability, performance, and trading features.
SpotOption was developed by its creators to function as a standalone web trading terminal, where all account and trading activities are facilitated through a web browser. SpotOption is highly advantageous in that sense, as traders need not download or install any platform on a dedicated trading device. Aside from the regular binary options products, traders also have the opportunity to follow the strategies of other successful traders by using the Spot Follow feature.
The Spot Follow is a unique tool that is developed to aid amateur traders in their quest to improve their trading performance, but this tool can also be used by professional traders to enjoy added gains or to support their trading strategies. Trading With Magnum Options Mobile App Most brokers that have adopted the SpotOption trading platform rarely provide any dedicated mobile apps for their traders, but there are exceptions to this case. As far as Magnum Options is concerned, the broker does not have any dedicated mobile apps for any smartphone or tablet OS.
In fact, the non-availability of Magnum Options apps for mobile trading may not be favoured by existing clients, but the broker counts on the responsive layout of its SpotOption platform to facilitate mobile trading for all traders through the web browser. Magnum Options Payment Methods There are three different account packages, which are further classified into additional categories to take the total to five different types of trading accounts.
For the same amount of deposit, other mainstream companies may be able to offer VIP accounts, and may even qualify for trading signals and advanced training courses.
The maximum return on options at Magnum Options is 81%, the minimum trade size is $10 and the minimum deposit is $ Magnum Options is a binary options broker that focuses heavily on traders education. Their education department is staffed with many representatives speaking many languages to give their global traders the help they need in understanding the various binary options available.
Magnum Options is a binary options broker that focuses heavily on traders education. Their education department is staffed with many representatives speaking many languages to give their global traders the help they need in understanding the various binary options available. Magnum Options have been in the business for a relatively long time now but people don’t talk about them as much as they talk about other brokers. This could have 2 reasons: either traders are not interested in this brokerage or Magnum are doing a good job and everybody’s happy.
Magnum Options is a relatively recent binary options provider, having launched on the trading scene in When a new binary trading platform springs up, it’s only natural to be wary of investing one’s funds without first researching it thoroughly.5/5. Jan 19, · Magnum Options started its binary options brokerage in and is owned by Solaris Vision Ltd., a company located in Sofia, Bulgaria. Bulgaria is a part of the European Union, and the company has its own regulatory agency known as the Financial Supervision Commission (FSC)/5(81).
Magnum Options is a well-established binary options broker that has been in existence since Although they used to offer a limited range of trading products (stocks and indices) to USA customers, they have since closed their doors to American traders.1/10(1). Hence, Magnum Options is very popular with American binary options traders as it is one of the few sites that allows them to become members and make money through binary options trade. Another reason that makes Magnum Options popular with them is the fact that it offers higher payouts.