TorOption is on the agenda as the binary broker that is quite favoured among traders. However, you can still find some reviews of TorOption that accuse it of being a scam. In order to find out the truth, we would like to make one step further and investigate TorOption. So, let’s begin!
TorOption: Main advantages
TorOption is not just a binary broker that wants to take your money. This binary options broker is interested in making every client a successful investor. To ensure this, TorOption offers traders contemporary technologies represented by the competitive trading platform (SpotOption), decent account data protection and advanced market analysis tools.
Additionally, TorOption is featured by the permanent transparency in all the transactions performed. For us this became a cornerstone of having quite a positive TorOption opinion. Before trade, you can always see a potential payout. No hidden commissions.
TorOption stimulates trading by granting various promotions. As an example, you can get 150% Deposit Bonus by investing $1,000. Additionally, there is a promotion which can grant you 85% payout on trades.
In case of any questions regarding the company’s information or issues connected with binary trading – you are free to deal with TorOption representatives at customer support. The means of communication you might use for this are: live chat, email, fax and phone.
If we want to measure the rate of customer satisfaction, we might pay attention to various customers’ testimonials. You can see the example of TorOption opinions below:
This was a short outlook on advantages of this broker. Now we suggest to dive deeply into specific features TorOption binary broker offers.
Market Analysis at TorOption. Analytical tools
TorOption is willing to make your market analysis as best as possible. Thus, you might observe following 5 features in the Market Analysis section:
- Daily Market Review
- Weekly Market Review
- Trading Hours
- Asset Index
- Economic calendar
Daily and Weekly market reviews demonstrate the current state of the binary trading market. Since you are aware of latest updates and trends it becomes much easier to pinpoint profitable opportunities.
As for the Trading Hours, TorOption introduced this tool for you to know when exactly the most active trading occurs during the trading time of 5 Major Stock Exchanges.
Next tool our TorOption broker review has identified is Asset Index. Asset Index represents a short description and additional data regarding the asset you want to trade.
Last tool is Economic Calendar. With TorOption economic calendar at hand you will able to determine market-driving events and thus be able to prepare workable trading strategies.
TorOption Reviews: Trading Education
TorOption wants to make you competent as a trader. Hence, TorOption developed different guides and tips broaden your knowledge about binary options. TorOption explains how to trade on its platform, employing different binary trading types (e.g. 60 seconds, Long-Term).
For the majority of retail investors, trading is a supplementary job. That is why not all newbies are familiarized with the specific vocabulary used in binary options trading. Fortunately, TorOption found a solution by introducing a Glossary, where all the unclear terms are explained.
To promote more quick learning, TorOption has launched a set of live webinars. They are totally free and accessible to all clients. At webinars best TorOption coaches teach you how to organize a sustainable trading strategy, how to understand market indicators and so on.
The last things available at the TorOption learning center are: Collection of video tutorials and free e-books.
Opening an Account at TorOption
At TorOption you are suggested 3 accounts:
- Silver – minimum deposit requirement is $350
- Gold – minimum deposit requirement is $3,5001
- Platinum – minimum deposit requirement is $35,001
It is easy to register at TorOption. All you have to do is to go to “Open Account” section. There you would be given 2 simple forms to fill up: your personal and account data.
Conclusion: Is TorOption scam?
Our review of TorOption was quite scrupulous in selecting criteria. The final verdict is that TorOption is not a scam. This broker provides top-quality services that can satisfy even a very demanding customer. Therefore, we recommend not to hesitate, join TorOption today!