We have tested several forex brokers for you and asked them several questions regarding the main concerns of novice traders. In this series of articles, you can compare the different possibilities offered by each broker in order to choose the one that suits you best. This article is dedicated to Option Web.

What characterizes Option Web

Option Web offers personalized support and follow-up with a financial analyst for optimum performance. This follow-up is independent of the standard support that is also offered. The customer service is efficient and the telephone contact is easy.

The website is very comprehensive, easy to access and describes well the full range of products available.

The following information was gathered by telephone interview in order to clearly identify the specificities of the broker that would not be obvious on the site.

What are the minimum deposits and leverage?

The minimum deposit must not be less than 200 Euros. For this amount it is possible to trade on 80 assets and 120 assets and more if the investment is larger. The minimum leverage is 5 Euros for 60-second options and 25 Euros for classic binary options.

Do you have offices in United Kingdom?

Yes, the company has offices in United Kingdom as well as a direct line: 01-77-38-30-33

Are you regulated by the Financial Markets Authority?

Yes, the company is perfectly transparent and regulated.

Do you offer bonuses for registrations or referrals?

Yes, there are welcome bonuses depending on the amount invested and referrals in the form of “top ups” (crediting a cash sum to the account immediately available) in the amount of 50 Euros paid into the account. This sum must be traded and cannot be withdrawn directly to the client’s bank account.

What are the conditions to benefit from a demo account?

The demo account is not offered to everyone. You must first have opened an account with a minimum capital of 1000 Euros to benefit from it. However, the broker insists on learning how to trade in “real” quickly, because due to the “psychological bias”, the results and positions taken will not be the same as in the demo account.

Are withdrawals free of charge?

Withdrawals are free of charge above 100 Euros, therefore it is advisable to wait for equivalent winnings. For bonuses, you must have successfully traded at least 30 times the bonus amount to be able to make a withdrawal.

Is the spread the only commission?

Unlike Forex there is no spread and there is no additional commission on the transactions made.

Do you offer an application for Smartphone or touch tablet?

Yes, there is a specific Web Option application available for all customers, regardless of their starting capital.