Grand Option binary options broker offers trading Forex, commodities, indices and stocks. Just like all other binary options brokers Grand Option also offers these assets to be traded five days a week. Trading binary options with Grand Option means:
- Trade the most popular forex pairings in the market today with Grand Option’s binary trading platform.
- Easily invest today in highly sought-after commodities like Gold, Silver, and Oil! Trade Now!
- Earn a profit from leading stocks without buying shares. Increase the profitability of your portfolio today!
- Trade the world’s leading indices like; S&P, Dow Jones, DAX on a leading binary option’s trading platform.
But, what does grand Option offer traders compared to the other binary option brokers?
Why Grand Option?
GrandOption is unique in his trading platform. Where every other broker extends its platform with the most beautiful and handy features, GrandOption choses to be as simplistic as it can be. Opening the trading dashboard shows only two options at first: “Short term” and “High/Low”.
Grand Option Review: Short term and High/Low
Choosing short-term in the trading platform a grid appears in which you can choose a tradeable asset with a different expiration time: 30 seconds or 60 seconds. A pulldown menu makes it possible to change the standard asset ‘Forex’ to one of the others.
The maximum payout of the profit is 65% or 70% of the invested amount. The High/Low possibility offers traders to predict the rate of the asset in a certain time frame. Will the rate go up (high) or down (low)? This is the same as the previous type, “Short term”, but the difference is the expiry time. Instead of 30 or 60 seconds, the long-term trade expires in half an hour up to six hours. This time varies and can be chosen in a pulldown menu. The payout rates for the long-term trades is ranging from 70% up to 83%. The trade size limit of the investment is $25, the maximum amount that can be invested is $20,000.
Grand Option Trading Accounts
Grandoption offers three different trading accounts:
- Grand Option Standard Account: benefit from the video database and have a market expert ready to answer your questions.
- Grand option Superior Account: this unlocks a personal online trading session with one of the market analysts. Superior account traders also benefit an extra 2% return on every binary option that is traded.
- Grand Option VIP Account: VIP’s are allowed to contact a market expert at any time, free of charge. Next to this, they also have access to personal training with a senior market professional.
GrandOption Review: Conclusion
When you are new to binary options trading, this broker is an excellent first choice! Offering a trading platform as simplistic as this is really a benefit to newbie traders. A minimum deposit amount of $100, about €75, supports this statement.
Grand Option offers weekly news about the market on their website. You can use this to your advantage. The Grand Option Academy is free for every visitor of their website and is very extensive giving information about binary option trading strategies, ebooks and more.
All in all Grand Option is a great way to start trading the binary options. When you are experienced and think you need more tools for technical analysis, 24Option is a great follow-up.