Magnum Options

magnumoptionsButton-Go-website

Magnum Options Review

  • Intro
  • Platform
  • Trading
  • Assets
  • Special Features
  • Support & Service
  • Banking

Magnum Options Broker Review

Magnum Options is a relative new broker on the market but has established itself as a real player in a short time. Original this was another broker and they relaunched with the lessons learned this brokerage and have been very successful from the beginning.

Magnum Options they keep their offering simple and leaning towards the benefits fo the traders, for example their 10% return on lost trades and free account to familiarize yourself with their service is as advertised. Probably the best lesson learned is to keep everything transparent towards the traders. The traders are in full control of their funds and able to just concentrate on the trading itself.

Bitcoin/USD: Many binary options traders are web-savvy people and therefore know about Bitcoin. With Magnum Options, you can translate this knowledge into money by directly trading Bitcoin vs. the US Dollar.

Platform

Magnum Options uses the SpotOption trading engine and have designed one of the better interfaces on the market.

Many of the leading broker in the industry are using this platform because of the low threshold of learning the system for new traders and the reliability of the software.

the prices for the assets are taken from the data stream of Reuters so you know this is the latest info available. In short this is a solid proven platform which is easy to use.

Trading

Magnum Options show case a nice range of different trading formats. By trying to cater to the global trading community their aim to provide something for every trader is proven by the selection they are offering.

Each trader is able to select how to trade according to what best suits the trader with the funds that the trader has available.

They offer the basics that most people will start with, the traditional binary options, long term options, which are traditional options with longer expiry, and, of-course, the turbo option also called 60 seconds option. This product enables short term contracts for fast trading.

The other binary options types or formats are more the high yield and higher risk systems that allows traders to enhance the experience with more complex types.  The risk is much higher of course but also these trading types or formats make it possible to earn up to 500% returns!

The main types they offer are:

  • Classic Binary Options:  Easiest and simplest form of trading Binary Options where the traders just need to predict if the asset price will go up or down
  •  60 Second Options: A one minute contract on the prediction if the assets price will go up or down,  after which the trader knows if he or she was successful or not.
  • One Touch Options: Here the payout is determined by whether an asset “touches” a predetermined level/ Height/Price.
  •  Option Builder: The more complex format which offers the traders more control over the trading conditions.

Assets

For the full over view see the “assets Tab” in this review.

Magnum Options offers a good variety of different assets with some of the more exotic and less common assets available.

The standard 4 main categories are all available and they have in addition some pairs that are less common and fun to trade

They entire assets index has more than 150 assets, so it should be possible for almost all traders to find their preferred assets to trade among them.

Currently on their site the state to have:

  • 82 different types of Stocks
  • 24 Curries Pairs
  • 8 types of Commodities
  • 52 types of Indices
  • And 11 Pairs

Special Features

  • All traders with Magnum Options get a dedicated account manager. The dedicated personalized service is very important for many binary options enthusiasts since the account manager is a direct link to the broker.
  • They offer the small insurance premium this simple means that when a trade, ends out of the money, a 0 – 10% of the original investment will be reimbursed to the customer’s trading account.
  • The Magnum Options Academy provides a learning resources that allows new traders started the right way and help more seasoned traders to become even better. Of course there is nothing like actually trading but their eBook and other tools are of the quality of actually being useful for traders of all levels.

Customer Support and Services

They take the service toward their clients as serious it deserves offering everyday around the clock support. This is in general pretty swift and you get to talk to people that have at least an inkling what they are talking about.

Traders are able to reach out to Magnum Options via the email “support@magnumoptions.com”, via live chat service or by calling one of their international satellite offices. They account manager is in general also the best one to contact and you will get her or his direct details since these people are more familiar with your account and the issues you might have it will be faster to get them sorted. They have a good offering of toll free number for the clients so they will not have to pay high costs for actually talking to a person.

Banking and Company

The financial transaction that come with online investing are well taken care of. Since this is a crucial part of the business they have made sure the offer the most used services for depositing funds and withdrawing funds in the industry. . This includes wire, credit card Ucash and Webmoney. They provide detailed information on any payment option.

  • Minimum deposit with Magnum Options is $200
  • Minimum withdrawal is $100
  • Up to 3 business days to process the request.
  • Once the request has been approved it may take additional 5-7 business days for the funds to show in your account.
  • Magnum Options is a company registered in Gibraltar.

Button-Go-website

Details

Website http://www.magnumoptions.com
Established 2013
Based In Gibraltar
Telephone North America: 1-800-986-6891
UK Toll Free:  0-800-680-0683
Platform Browser, Mobile Site, Android & iPhone Apps
Regulated no
Mobile Specific Trading Yes, Android & iPhone App
US Traders Yes
Account Currencies USD, EUR
Languages English
Option Types High/Low, One Touch, 60 Seconds
Option Expiry Times 15sec, 30sec, 60sec, 2min, 15min, 30min, 1hr, 24hr, weekly
Underlying Assets 19 Stocks, 7 Commodities, 12 Currency Pairs, 19 World Indices
In the Money Returns 70% up to 81%
Out of the Money Returns 10% Rebates
Minimum Trade 5$/€/£
Max. Trade $1,000
Minimum Deposit 200 USD, 200 EUR, 200 GBP, 20,000 JPY
Deposit Methods Visa, Mastercard, Maestro, Wire Transfer or Amex
Withdrawal Time 5-7 business days
Documentation Needed for Withdrawal Photo ID and utility bill
Support Live Chat, Email, International Phone Numbers
Live Chat Yes – 24/7
Support Email Support@magnumoptions.com
Support Languages English
Demo Account – On request
Platform Features – Option Builder
– 60 second binary option trades
– Pair trading
– Free iPhone & Android trading apps
Free Tools – Trading E-Book
– Basic & Advanced Articles

Button-Go-website

Bonuses & Promotions

the offer a good payout of Maximum 81% but from what we understand and have seen Magnum options does not provide any other Promotions at this moment.

we will request from them more information concerning this as most brokers do offer a deposit bonus ,

Screenshots

Magnum Home Page

this is the home page of Magnum Option.

Assets

 

Commodities COFFEE Stocks (US THOMSON )
Commodities CORN Stocks 3M
Commodities GOLD Stocks AIG
Commodities OIL Stocks ALLIANZ SE
Commodities PLATINUM Stocks AMAZON
Commodities SILVER Stocks ANZ BANK
Commodities SUGAR Stocks APPLE (US)
Commodities WHEAT Stocks AXIS BANK
Currencies AUD/CHF Stocks BAE SYSTEMS (LONDON)
Currencies AUD/JPY Stocks BANCO SANTANDER
Currencies AUD/NZD Stocks BARCLAYS
Currencies AUD/USD Stocks BHP BILLITON
Currencies BitCOIN/USD Stocks BIDU
Currencies CAD/JPY Stocks BLACKBERRY
Currencies EUR/GBP Stocks BMW
Currencies EUR/JPY Stocks BNP PARIBAS
Currencies EUR/SEK Stocks BOEING
Currencies EUR/USD Stocks BP (BRITISH PETROLEUM)
Currencies GBP/CHF Stocks BRITISH AMERICAN TELECOM
Currencies GBP/JPY Stocks CATERPILLAR
Currencies GBP/USD Stocks CITI ( US – CITIGROUP)
Currencies NZD/JPY Stocks COCA COLA (US)
Currencies NZD/USD Stocks DAIMLER AG
Currencies USD/BRL Stocks DANONE SA
Currencies USD/CAD Stocks DELL
Currencies USD/CHF Stocks DEUTSCHE BANK
Currencies USD/RUB Stocks DEUTSCHE TELCOM
Currencies USD/SEK Stocks EBAY
Currencies USD/SGD Stocks EXXON MOBIL
Currencies USD/TRY Stocks F5 NETWORKS
Currencies USD/ZAR Stocks FACEBOOK
indices ASX (Australia) Stocks FIAT
indices BOMBAY SE Stocks FREEPORT McMoran
Indices BOVESPA-F Stocks GAZPROM (RUSSIA)
Indices CAC Stocks GENERAL MOTORS
Indices CAC FUTRE Stocks GOLDMAN SACHS
indices DAX (GERMANY) Stocks GOOGLE (US)
Indices DAX FUTURE Stocks GROUPON
indices DOW (US – DOW JONES INDUSTRIAL AVERAGE) Stocks HSBC HOLDINGS (LONDON)
indices DUBAI (DUBAI FINANCIAL MARKET GENERAL INDEX) Stocks IBM
indices EGX 30 (EGYPT) Stocks JP MORGAN CHASE
Indices FAZ-SHORT Stocks LAS VEGAS SANDS
indices FTSE 100 (U.K) Stocks LINKEDIN
Indices FTSE FUTURE Stocks LOUIS VUITTON
indices HANG SENG (HONG KONG) Stocks LUKOIL (RUSSIA)
Indices HANG SENG FUTURE Stocks MASTERCARD
Indices IBEX Stocks MCDONALDS
Indices IBEX FUTURE Stocks MICROSOFT
indices KL Future Stocks NETFLIX
Indices KOSPI Stocks NIKE (US)
indices KUWAIT (KUWAIT GENERAL INDEX) stocks NISSAN MOTOR
indices MICEX 10 (MOSCOW INTERBANK EXCHANGE) Stocks ORANGE S.A.
indices MSM 30 (OMAN) Stocks PARIS TELECOM
indices NASDAQ (US) Stocks PETROBRAS
indices NASDAQ FUTURE (US – NASDAQ 100 FUTURE) Stocks PFIZER
Indices NIFTY Stocks PUBLICIS GROUPE
Indices NIKKEI FUTURE Stocks RENAULT
Indices OMXC20 Stocks RIO-AU
Indices PSI20 Stocks ROLLS ROYCE (LONDON)
indices QATAR (DSM20) Stocks S BANK INDIA
Indices RTS (RUSSIAN TRADING SYSTEM) Stocks SAB MILLER
indices S&P 500 (US) Stocks SALESFORCE.COM
indices S&P FUTURE (US S&P 500 FUTURE) Stocks SBERBANK (RUSSIA)
Indices SHENZHEN300 Stocks SEARS HOLDING
Indices SMI FUTURE Stocks SIEMENS AG
indices SSE180 (SHANGHAI STOCK EXCHANGE) Stocks STARBUCKS
indices Straits Times Stocks STRAITS TIMES
indices TADWUL (SAUDI STOCK EXCHANGE) Stocks TATA MOTORS (INDIA)
Indices TEL AVIV 25 Stocks TATA STEEL
Indices TNA-LONGX3 Stocks TELEFONICA
Indices TSK60 Stocks TESCO
Indices TZA-SHORTX3 Stocks Total S.A
Indices VIX Stocks TURKCELL (TURKEY)
Pairs AMAZON VS EBAY Stocks TWITTER
Pairs AMAZON VS NETFLIX Stocks UNILEVER
Pairs BMW VS DAIMLER Stocks VIVENDI SA
Pairs BMW VS RENAULT Stocks VODAFONE
Pairs FACEBOOK VS TWITTER Stocks VOLVO
Pairs FTSE F VS CAC F
Pairs GOLD VS OIL
Pairs GOOGLE VS BAIDU
Pairs LINKEDIN VS TWITTER
Pairs McDONALD’S VS STARBUCKS
Pairs RIO T. VS. BHP B.
Pairs VODAFONE VS ORANGE

Button-Go-website

 

 

[/vc_column_text][/vc_column][/vc_row]

Other Broker Options





Latest Articles