Updated for 2016
As a brand name of Pegase Capital Limited, Interactive Option is a leading binary options broker that is regulated by CySEC. Opening their doors in 2008, this broker offers both novice and professional traders all the tools required to trade binary options. This includes an intuitive and cutting-edge trading platform based on SpotOption 2.0, a comprehensive trading academy, a vast selection of trade options and assets to trade in, professional customer service and much more.
Signing up with Interactive Option is free and easy to do and the broker offers a selection of trading accounts to cater for different traders’ needs and preferences.
Minimum Deposit: $250
Minimum Trade Amount: $5
Maximum per Option: $5,000
Mobile Trading: Yes
Languages Available: English, Portuguese, German, French, Russian, Spanish & Arabic
Interactive Option Trading Platform
The trading platform is easy to navigate and all vital information is clearly defined for each trade. This includes the selection of assets and expiry times as well as the payout rate per trade. Interactive Option offers a choice of seven trading styles as follows:
- Standard Binary Options – Up/Down
- Long Term
- Turbo Trade – 30 Seconds, 60 Seconds, 120 Seconds
- One Touch
Interactive Option offers traders a choice of over 100 assets including stocks, currency pairs, indices and commodities. Detailed information of each asset can be found on the website including the trading hours, Reuters code and expiry rule.
Interactive also offers high payout rates up to 89% on trades that end successfully or ‘in the money’ whereas some of the trade options such as Ladder and One Touch, offer payouts of up to 1500%. For trades that end unsuccessfully or ‘out of the money’, Interactive Options offers a rebate of up to 15%. To ensure flexibility, this broker also offers a mobile version of their trading platform and so, traders can trade while on the go at any time.
Interactive Option Bonus and Promotions
When you sign up with Interactive Option, you will be eligible for a welcome bonus. This bonus amount is determined based on the trading account type you qualify for and can include 2 risk free trades up to $300 and even a $500 welcome bonus. The broker also offers a refer-a-friend program and traders receive payment for each friend they refer to Interactive Option. The broker also offers a selection of promotions on a regular basis such as a Birthday Bonus in honor of your special day.
Interactive Option Trading Academy
Interactive Option offers one of the most comprehensive trading academies in the industry. This includes access to trading webinars, an eBook, one-on-one training, daily market reviews, a demo tour, risk management tools and strategies, trading signals, a knowledge library and much more. The broker also offers detailed FAQ’s and glossary sections which address a variety of subjects related to binary options trading with Interactive Option.
Interactive Option Customer Service
Interactive Option places a lot of emphasis on providing reliable and professional customer service and support. The broker can be contacted with ease via email and telephone and they also offer a live chat feature on their site.
Interactive Option operates on the top trading platform SpotOption 2.0 which includes the widest array of trading features as well as multiple screen views and advanced color charts. Service, support and education are handled efficiently and in a responsive manner. Deposits and trading fair play are ensured through EU regulation via CySEC. Based on our tests we are able to recommend this Binary Options broker.