OptionBit

[stockbroker]

Website:http://www.optionbit.com/default.aspx

OptionBit has been around since 2010, and has its headquarters in Cyprus. The trading platform is 100% web-based, making trading simple. Credit card payments are secure through the SSL (Security Sockets Layer), and you may deposit via a variety of methods. If your trade expires in the money you are liable for between 75-85% return. The trading platform is Tradologic, one of the main providers in the binary options industry.

In some respects OptionBit is a leading broker. This is made possible as their website is accessible in 12 global languages.

Usability 9/10
The website is easy to use with the clear graphics and eye catching menu tabs. The maximum amount of money you may trade per option is $5000. This is a high for the industry.

The FAQ section is laid out neatly and has in it among the most widely asked questions when it comes to binary options. The Binary eCourse is a tool you will want to use while you trade different assets.

The Glossary is what gives OptionBit many of its points, as it is very well detailed, and has earned good feedback from traders.

If you want to start trading quickly the Quick Guide is a feature you will want to take a look at.

Quoted

[stockbroker]

No. of Assets 5/10
Trade with 32 underlying assets at OptionBit: 6 assets, 11 currencies, 10 stocks and 5 indices.

Expiry Range of Options 5/10
Choose from 5 minutes, 15 minutes and hourly options – more choice is required to be ahead of the competition.

Effective Return 6/10
The return rate if your binary option expires in the money is 75-85%, but there is 0% return for binary options which expire out of the money.

Languages 10/10
This broker earns top points in relation to the 12 languages you can trade from. Trade in languages such as English, French, Arabic, German and many more.

Fees/Commissions 5/10
There are no commissions required to pay when you trade binary options. However, there is a $30 withdrawal fee and other withdrawal fees with different withdrawal methods.

[stockbroker]

Loyalty Offers 10/10
Loyalty offers is a strong point of OptionBit. They offer up to $500 bonus if you deposit funds into your trading account. This is just one of a number of bonus offers available.

Payment Methods 6/10
Deposit via wire transfer, Western Union or credit card into your trading account. This is amongst the least number of methods offered by any broker.

Support Quality 10/10
The quality of the support team is high. The support team can be contacted through email, phone or live chat during trading hours.

Website Extras 10/10
OptionBit does well with the website extras that are offered to traders. The Past Expiries let you look at the latest information in connection to the expired options.

There are 3 types of options you can trade with this broker: Touch, Digital and Range. The Binary Tutorial has all the required information you need to become a top quality binary options trader.

You can add the Take Profit, Stop Loss or extend features to you binary options trading experience. These will help you earn high returns if you follow your trades carefully.

The extra features which OptionBit offers traders set it apart in many respects from the competition.