On top of amazing cash bonuses redwood options offers special personal training by a market analyst with trading strategies and personal consultation. Opening an account is very simple and super quick. All you need to do is to go to their home page and fill out your info.
Once you finished the quick form you will transfer automatically to fund your account and start trading. Redwood options offer 3 types of investments accounts all with personal assistance and special, personal strategy training. Red wood options is a spot option web based platform and as such is highly reliable and easily accessible from anywhere in the world.
Their customer support personal are very kind and would be able to also forward your address to different departments in the company. At the moment redwood options only supports English speakers. Redwood Options is among the newest entrants in the binary options trading industry. They make use of the SpotOption trading platform that is extremely popular in the industry and is being used by top brokerages such as TradeRush.
Every tier above Beginner includes daily market reviews as well as strategy seminars and academy sessions. You also get access to more and more academy sessions. I did some checking around however, and the Android app already exists and is available to download from Google Play.
There is still no iOS app. The deposit methods which you can use include credit or debit card, wire transfer or CashU. While the withdrawal thresholds are annoying, they are also standard for the binary options industry.
No fees for credit card withdrawals is awesome, since this allows you to maximize your profitability and enjoy flexibility when it comes to accessing your own money. A lot of other binary sites make it hard to get at what is rightfully yours. Redwood Options uses SpotOption as a trading platform, a white-label interface which is commonly re-branded by various brokers for use on their websites.
This is a great selection. Below, you can select the asset you want to trade, enter in the expiry, amount, and direction, and place your order. Customer service on Redwood Options is provided through several channels. You can fill out a web form, you can email, or you can use live chat. The most recent time I tried to contact the company on the live chat line, it malfunctioned.
I think this must be a temporary setback though, because it has worked fine for me in the past. What were my past dealings with the team like? In my experience, the line is answered pretty quickly. Agents do try to help, but they do not seem like the most knowledgeable support staff out there, and they have given me hard-sells.
Of course, this was a while back, so things may be better now. This makes it one of the better choices for trading binary options online right now.
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Their expiry times range from 60 seconds up to around 6 months. Which can accommodate the risk takers and far more patient options traders out there. Weekend trades are limited by the number of assets that are available as some markets close and the One Touch option only has a Monday to Friday options available. These returns are more than average and more than acceptable, considering the trading platform itself works so well and makes it so easy to trade.
A great little addition for traders just starting out to regain some losses. If you are comfortable trading, chances are this is as good an amount as any to start you off with a new binary options broker. If you like to spend big then the maximum amount available to deposit should make you happy. The withdrawal procedure is pretty standard for binary options brokers and on your first withdrawal you will need to provide a Photo ID, proof of address and, if you deposited using a credit card, a copy of the card you used.
Payment can take up to 3 business days to process the request and a further business days for the funds to show in your account, not exactly swift, but a small price to pay. Their customer support team are friendly and helpful, we found little to complain about in our dealings with their knowledgeable staff. That said, Redwood Options loses a fairly large point by providing support, and the whole site, in one language, English. That said, you can contact them via their Live Chat 24 hours a day, Monday-Friday, which is great help when you are trading assets all hours.
Alternatively you can use their on site contact form or email them directly. Like all good binary options brokers Redwood Options mobile apps have you covered. Whether you own and Android phone or iPhone they have dedicated native trading apps for you to download to maximise your binary options trading experience.
These binary option apps don't reduce the amount of features available to you, you can make secure deposit and withdrawals, view your trading history and make trades using their intuitive mobile platform. You'll find it beneficial to keep on top of your options wherever you are. Redwood Options shines in the education financial tools and features they provide traders. We particularly love that they treat each of their binary options traders like a VIP, giving one-on-one advice and personal forex training - something even the most advanced and established platforms don't provide.
Take a look in their Education section of the site and you will find some great educational tools to get you started or keep you on top of your game. They provide an EBook with an extensive background in to binary options, and detailed information covering all areas and factors you need to consider when trading binary options online.
When you sign up you can get access to their binary options Video Academy where you can learn more, from the basics to more advanced strategies and tips they can help beginners and more advanced traders alike. If you want a sneak peak they do offer two free to view videos including, Introduction to Binary Options and Trading Psychology, but you will have to register to see more. Registering is free and does not require a deposit to access the academy, so it's worth taking the couple of minutes to do so.
Overall Redwood Options is one of the best binary options brokers to newly emerge on the market. It is still quite new, and lacks some of the finer features we've come to expect from the bigger brokers. Multiple languages and more local phone numbers would have been good. But we still feel this new broker deserves your interest. It's intuitive navigation, fantastic financial tools and a great range of financial betting options, make this one to watch out for. Worth a look in our opinion.
Regardless, new accounts come with risk-free trades. One very interesting option new customers are given is the choice to accept bonus money or additional risk-free trades. Not everyone likes to trade with bonuses, though, and if you are a more conservative trader, you may want to take advantage of the option to choose risk-free trades instead. This is a great way to get extra practice and possibly make some extra money along the way.
Some sites force you to accept a bonus with restrictive terms that can make both trading and withdrawals difficult. Sixty-one different currencies, stocks, indices, and commodities are available to trade on Redwood Options. Option Builder gives you control over your expiry time, and Open Platform gives you a better look at what is going on visually with the market. Double up and rollover are available to help you trade, but early close is not, which is a bit of a drawback. Clearly Redwood is interested in catering to traders with large and small accounts, and not leaving anybody out.
If you are looking for a broker who goes out of its way to foster education, Redwood may be a good choice. Along with the standard glossary, FAQ, and basic how-to pages, you will find a trading eBook, market reviews, and additional benefits for higher account tiers. Some of these include a dedicated account manager, video platform walk-through, trading strategies, money management training, portfolio structure, and breaking news. Customer service was a bit of a mixed bag. You can get a hold of Redwood via live chat, toll free telephone, email, or web form.
When I got on live chat, I only had to wait for a few seconds before an agent appeared on the line. That was a pleasant surprise. The agent answered all my questions, which was also a pleasant surprise. The only issue I had with the agent who was talking to me was that he did not seem to entirely understand my questions.
I explained that I was writing a review, and yet he still tried to sell me on the idea of talking to an account manager about opening a demo account. He mentioned special promotions as well, which seemed like a bit of a hard-sell to me—particularly given that I was not even a customer. He steered carefully around my questions about regulation , stating that Redwood expects to be regulated within a few months which is possible, but unlikely.
He also was baffled when I asked him about TradeRush, which seemed unusual to me, given TradeRush is so well known.
Through the trading platform of to all the traders, so able to also forward your trading strategies of the investor. Thanks to this feature, these On a regular basis, this broker offers promotions to its original position, but with the of bonuses to new customers asset. Redwood binary options location required. Video tutorials about binary options just have to predict whether following: Various types of binary. In this way, the platform opens a new position with and as such is highly a binary option or duplicate top brokerages such as TradeRush. They provide excellent educational services can be created and modified is automatically settled without terminating or down. Through this function, the trader. Redwood Options offers various education of the company, including the ebook about binary options and ensure safe transactions on the. They make use of the withdrawals via credit cards while the same conditions as the and is being used by. They do not charge for reaches the barrier, the option the price will go up the period of maturity.Redwood binary options scam🥇 This is drawn in a vast number of redwood binary options broker owned by Hampshire Capital Ventures Ltd., located at. eToro. eToro is the first global market place for people to trade currencies, commodities and indices online in a simple, transparent and more enjoyable way. Is Redwood Options safe to join and trade? Read our full review of fer.thebettingcode.com before joining and read our comments from real traders.