Owned and managed by Paddington Global Ltd, CTOption is London based binary trading platform with operations in nearly a hundred countries. At first glance, one can tell that CTOption is not your typical binary trading platform. Their website is well designed and certainly looks the part of a professional broker. But the difference doesn’t merely cover the face of the website but extends into the core of the trading platform. This is because unlike most binary brokers in the industry, CTOption have opted to adopt a very different trading platform to that of the generic white label platforms. This alone promises that traders at CTOption are sure to have an entirely different trading experience.
Accounts and Platforms
CTOption uses its own dedicated technology platform, Panda TS, as well as the MetaTrader 4 platform.
There are three accounts available at CTOption. The Mini, Standard and Executive accounts. A welcome bonus is offered when opening any account as is a weekly market report. Although a Gold and Platinum account is mentioned elsewhere, there was not additional information about these two options.
CTOption’s innovative Binary Replicator allows traders to follow professional traders in an easy and safe manner anytime. The Binary Replicator is available in both manual and mobile modes.
CTOption offers a demo account which enables new traders the ability to explore the strengths and weaknesses of a trading strategy without risking their own funds. CTOption provides a real funded account on a live trading platform. The exact amount of the funding was not mentioned.
An Islamic Binary Options trading account that is consistent with the Sharia law is available at CTOption. These accounts allow traders to trade without interest charges or swap fees.
CTOption offers a range of assets including stocks, commodities, currency pairs and indices. A detailed economic calendar is available.
Clients may make deposits using all major credit cards accepted worldwide, by wire transfers, and using a variety of alternative payment methods, such as WebMoney, GiroPay, CashU, Neosurf, Sofort, MoneyBookers, Yandex and many more.
As for trader education, CTOption provides a detailed explanation of binary options trading as well as several in-depth videos. An e-book is also available. In addition, a private training program and one on one personal coaching with professional coaches is offered to all account holders.
The 24/7 Chat support is friendly and accessible. There is also telephone support from their London office.
All in all, I found CTOption to be user-friendly and easy to navigate.
Date posted: September 25, 2014