While there are certainly more colourful brokerages out there, few have the raw charisma and appeal of this newcomer.
Have you ever heard a phrase: “I was not born yesterday?” Well, in binary options terms, WMOptions might as well have been born yesterday. Rather, they have recently celebrated their first anniversary, which is adorable but does not inspire much confidence in a binary options brokerage, does it? Not to worry, they come highly regulated by the appropriate bodies, and the multitude of satisfied clients speaks volumes on their ability as a brokerage firm. And not just these clients, either (link to #14).
Of course, their age means little in the way of high returns they offer. But how does one withdraw their funds from WMOption’s accounts? It all has something to do with the bonus money a trader accepted when first signing up.
The bigger the bonus, the harder it will be for them to meet the mandatory trade volume minimum required in order to qualify for withdrawals. On the other hand, those who opted not to accept any bonus money can start withdrawing from the very start.
As for bonuses themselves, they start at 30% at the low end and reach 100% for Gold Account holders. Of course, VIPs can negotiate their own terms and receive preferential treatment in almost every conceivable respect, but then again if they paid tens of thousands of dollars and you only put in the minimum $250, it is hard to be judgemental, is it?
Also, once this is out of the way, any withdrawals can be made in the same way as the money was originally deposited onto your account: e-wallets, wire transfer or credit cards, it matters little in the end. Well, technically wire transfer is the costliest one so it does matter, but never mind. The important thing is that there are no traps or hidden fees.
Jolly English is the primary language on offer, but so are the German, Arabic and French for whatever reason. Their live support is efficient and friendly, while their platform leaves nothing to chance.
The transparency is well and good, but nothing says plebeian as having to wait for upwards of ten business days to receive your own money. On the positive note, few brokerage firms can manage to afford 85% return rates as well as a generous refund policy on OTM binary options at the same time. Not to mention the plethora of additional features such as live webinars or weekly market updates.
While they certainly have their flaws and virtues, it is certain that WMOption does not leave much room for doubt as to whether they are all they claim they are. In other words, they are good. Very good, in fact. And as the times go by, they are bound to become even better.