Option.FM Broker Review

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Option FM Review

Option FM is a relatively new broker in the binary options world, it was founded in 2020. Despite their short period in the market, they have collected employees from all over the financial world and have gathered a great deal of financial knowledge under their command. This is how they have succeeded to get the trusted broker stamp from their traders and get their name on the surface. In this review, I go through the following things:

  • The most important features of the broker site.
  • The kind of bonuses that are available for new traders.
  • The kind of option types and payouts that are offered.
  • Other important factors such as mobile trading and educational materials.

Open a free account by clicking the button below and you will get an unlimited 100% bonus, so if you deposit $1000, you will instantly get $2000 in your trading account. Be quick, because this offer might not last long!

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Option FM is a newcomer in the binary options world, but is it trustworthy broker site? Read this important scam report review before investing

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    Video Review

    Option FM in a Nutshell:

    • Broker: Option FM
    • Platform: SpotOption
    • Founded: 2020
    • Bonus: 100%
    • Return / refund: Maximum 91%
    • Number of assets: Around 200
    • Regulated by: CySEC
    • Demo account: Yes
    • Mobile trading: Yes
    • Minimum deposit: $250
    • US traders: Not accepted


    Trading platform view is clear and functional. Trades are efortless to execute.

    Special Features of Option FM

    Option FM, as stated, is a licensed broker and is regulated by CySEC from Cyprus. Because of that license, their actions and site can be trusted 100%, whether it is observed from the money transfer perspective or from the view of customer service helpfulness and willingness to resolve any trader’s concerns.

    On the other hand, as the site is under that license, Option FM cannot accept US traders. That is a common problem among European registered and licensed brokers because the EU legislation does not allow brokers to accept customers from the US. If you live in the United States, I recommend that you try one of these trustworthy US friendly broker sites:

    • Bloombex: Register now and you get to trade risk free for a week.
    • Porter Finance: Great US friendly broker site, register now and you get up to 10 risk free trades.
    • CTOption: Great trustworthy broker site with a one of a kind iFollow feature.
    • GOptions: One of the oldest broker sites, trusted by hundreds of thousands of customers from all over the world.

    Bonuses and Account types

    Option FM bonuses are simple; all account types are supported by an 100% initial deposit signup bonus. That means that by depositing $1000 your account will instantly have $2000 worth of assets to trade. This is a very generous offer for new traders. Actually, it is one of the best in the industry, as even the smallest minimum deposit starts with a full 100% bonus. Many other brokers offer less bonus money for smaller deposits and only the upper account types are supported with 70-100% bonuses.

    The actual account types are named Trial, Boutique, Executive and Imperial and the higher you go, the more additional features those accounts will provide you as a trader. Each of the following accounts includes all the features of the previous one. Let’s look at those more thoroughly.

    Trial Account: Deposit €250+

    • 90 assets available to trade
    • Four trading platforms
    • Daily market analysis
    • No service fees on commissions

    Boutique Account: Deposit €1,000+

    • All the above features
    • 100% deposit bonus
    • Trading webinars
    • Customer support
    • 1-on-1 training sessions
    • Trading ebook
    • Risk management training
    • Weekly analyst performance review

    Executive Account: Deposit €10,000+

    • All the above features
    • Daily trading signals via email, chat and mobile
    • Direct access to a broker
    • Priority access to online webinars
    • Free subscription to financial magazine

    Imperial Account: Deposit €50,000+

    • All the above features
    • Direct line to VIP brokers and analysts
    • Investment insurance
    • VIP educational program
    • Concierge and travel service

    Account types and suitability for different types of traders.

    The minimum deposit is €250 and the minimum trade is as low as €1 which is exceptionally low compared to many other brokers, typically minimum trading amounts are between €5 and €20.

    The Trial account will serve beginners for their basic trading needs but if you take trading seriously and the purpose is to make money with binary options trading we would absolutely recommend you upgrade to the Boutique account right away. It has vastly greater features, for example: webinars, customer support, 1-on-1 trading sessions etc. Also, the ebook is very handy to read and will help you pick up the most important pieces of advice.

    The weekly review from the analyst and risk management training courses are very useful also. All this is vital knowledge if you wish to turn trading from guessing, to truly considered actions with money and profits in mind.

    The Executive account continues with even more features than the Boutique account but it requires a significantly larger deposit to achieve. But those who can make a deposit of €10,000 or more will get direct access to broker and daily market signals. These are surely helpful features but are they enough to make a €10,000 deposit, we will leave that decision to you.

    Demo Account

    Option FM will provide a demo account for practice purposes but due to their extraordinary low minimum trade amount of €1, the demo account feature is practically unnecessary. By risking €1 at a time, for a single trade, it would not cause much harm if you lose at the beginning. As the trading platform becomes familiar, trades are super easy to execute. If the demo account still feels tempting, fortunately there is one to practice with. Our recommendation is that after reading some material and getting some basic knowledge, you can start trading directly with real assets.

    Trading with Option FM, Profits and Payouts

    Option FM offers one of the highest payouts in the binary options industry, especially with the regular options. The payouts are as high as 91% for invested money in winning trades. For one touch and ladder options there are even higher payouts available, up to multiple times the original traded amount. Long term and 60 second option types are also available.

    Option FM does not seem to have an early close in its repertoire which is a slight downside from a risk management perspective.

    The selection of assets to trade in is wide and typical. With the SpotOption platform, it is offering approximately 200 different assets for trades. These include stocks, indices, commodities and currencies. Stocks and indices are gathered from the largest stock markets around the world and the currency list has pairs of the most liquid currencies. A comprehensive list of assets is shown on the site. The commodities list is wider than typical, including coffee, corn, gold, silver, platinum, sugar, wheat and oil. Most competitors only have few of these available.

    The expiry times are similar to other brokers with the SpotOption platform. The times start from seconds and go all the way up to more than 12 months. The variety of expiry times will leave enough room for traders to make investments for any desired time period. These will also help to divide the risk of your portfolio with shorter and longer term trades.

    Support and Services

    It is odd that the Boutique account is the first one that has 1-on-1 support features. The live chat is available for everyone. Also, the email and phone support are provided with multiple languages to everyone. There is somewhat mixed information on the site, but in our test, we were able to get answers to our questions easily, even with the Trial account, so you should not worry about that too much. If you need personal 1-on-1 interactions with a support manager, you will need to get at least a Boutique account.

    Educational material and news

    Option FM does not have a separate education center or academy for its traders. What it does have is the market news section which is stuffed with global news about companies, their announcements and rumors. This market news section gives a lot of information related to stocks and indices and helps with decision making.

    Even if Option FM does not have an academy and material they have a more personal touch with their traders, they offer a lot of webinars, signals, analyst comments and information.

    They give their best expertise to traders to help them have an enhanced trading experience overall. They will assist traders with their combined years of experience from the finance world. This personal and tailored guidance is a much better option than an educational section with video previews. Direct contact with account managers is always more personal. Account managers are hired by Option FM from other binary option brokerages, investment analysis platforms and hedge funds.

    If you think that trading should be effortless and you don’t like to study strategies and follow the markets every hour, then automated trading might be a closer match to your preferences. In that case, we recommend binary option robot which trades for you once you have set it up. The Real Robot trades for you even when you are not around. Open a free account now and see how amazing this free software is!

    Also check out these other articles about free binary options auto traders and robots:

    • Binary Option Robot Review(Best free trading robot)
    • PayDay FM(Excellent signal provider software)
    • Option Bot 2.0(One of the most famous binary option robots)
    • Copyop (Social trading, earn money by copying others)
    • Binary Stealth(New accurate signal provider)

    Mobile trading

    Option FM does have a full version mobile platform compatible with Android and Apple products. It sets traders free from laptops and gives easy access from anywhere that you might have a phone or tablet with you. The mobile version is available at Google Play and App store. All you need to do is create an account with these links and then download the app to start trading. Trading with those applications could not be easier.

    The banking options are numerous with Option FM.

    Banking

    Banking is one thing that needs to be secured and fully trusted by traders and the broker. Option FM does that right and offers numerous depositing options covering online wallets, bank wire and credit cards. The minimum deposit is $250 or €250 and the minimum withdrawal is €80. Withdrawal requests are processed within 24 hours and that’s quite fast, compared to rivals. Available methods include the following: Visa, Mastercard, Amex, bank wire transfer, Skrill (formerly Moneybookers), PayPal, CashU, Maestro, Visa Electron, Ukash, WebMoney, Inpay and Neteller.

    Conclusion

    Being a licensed broker helps to gain trust right from the beginning. Option FM has done many things properly. From my perspective, Option FM is a great broker site genuinely helping its traders with a personal touch. The Payout percentages are some of the best in the industry. I would definitely recommend this broker site to every trader who wishes to earn money with binary options.

    As an overall rating, we will give Option FM 3,5 stars out of 5 as a binary options broker site.

    Open a free account now, get an unlimited 100% deposit bonus and start making money with binary options by clicking the button below.

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    Option.FM Broker Review

    Option Financial Market (Option.FM) is one of the recent brokers in binary industry, established in 2020.

    This brokerage company is owned by Option.FM Ltd. We decided to review this broker because they’ve managed to build up a name in binary options trading in a short span of time.

    For more about this broker and available trading tools and services, read our Option.FM review below.

    Option.FM Trading Platform

    This broker uses SpotOption as the chosen software for binary options trading. With SpotOption, navigating over the site is simple and straightforward and can be used without difficulties for both new and experienced traders.

    Our Option.FM review shows that minimum deposit is $250, while minimum investment per trade is set to $1. Maximum investment is $8000. With Option.FM, bonus can go up to unlimited amounts and returns up to 90%, which is very attractive amount for traders in binary industry. Accepted currencies are: EUR, USD and GBP.

    Option.FM Trading Features and Services

    To trade binary options, traders should select preferred trade option and time of expiry of particular option. Option.FM reviews shows how South Africans can choose among following trade options, such as 60 Seconds, High/Low, One Touch, Ladder Options and Long Term. Available expiry times are: 30 s, 60 s, 2 min, 30 min, 1 hr, 24 hr + and end of day.

    Traders would be happy to know that they can trade with more than 200 assets, which cover currencies, stocks, commodities and indices.

    Option.FM offers bonuses as a way to attract new traders and offer more benefits to existing traders. Highest available bonus as we discovered in Option.FM review can be unlimited.

    Traders can also accept welcome bonus of $100 and with minimum deposit of $250, balance can automatically change to $500. We advise traders to read bonus policy to get accurate information regarding bonuses and bonus withdrawal terms.

    Another widespread Option.FM feature is mobile app. Option.FM offers traders in South Africa a mobile application that simplifies in grat amount traders’ experience while trading binary options. To get this app, traders can download it from App Store and Google Play.

    Option.FM mobile app is very useful because it allows traders to trade from anywhere and it is often used by busy traders who are on the go. This app can be used also on tablets and smartphones.

    Option.FM Trading Accounts

    Option.FM broker offers traders a selection of even 7 different account types, each one with special features and characteristics. Below in our Option.FM review, you can get detailed information of available accounts.

    Option.FM Newbie

    • minimum deposit $250 +
    • trading manual

    Option.FM Start-Up

    • minimum deposit $2500 +
    • trading manual
    • access to OFM Rewards Tier 5
    • education materials level 1
    • trading packages

    Option.FM Entrepreneur

    • minimum deposit $5000 +
    • trading manual
    • access to OFM Rewards Tier 5+4
    • education materials level 2
    • trading packages
    • limited protected capital

    Option.FM Top Exec

    • minimum deposit $10000 +
    • trading manual
    • access to OFM Rewards Tier 5+4+3
    • education materials level 3
    • trading packages
    • unlimited protected capital

    Option.FM CEO

    • minimum deposit $25000 +
    • trading manual
    • access to OFM Rewards Tier 5+4+3+2
    • education materials level 4
    • trading packages
    • unlimited protected capital
    • class A and B traders
    • enhanced investment return

    Option.FM Financier

    • minimum deposit $40000 +
    • trading manual
    • access to OFM Rewards Tier 5+4+3+2+1
    • education materials level 4
    • trading packages
    • unlimited protected capital
    • class A and B traders
    • enhanced investment return
    • suited trading portfolio

    Option.FM Mogul

    • minimum deposit $100000 +
    • trading manual
    • access to OFM Rewards Tier 5+4+3+2+1
    • education materials-unlimited
    • trading packages
    • unlimited protected capital
    • class A and B traders
    • enhanced investment return
    • suited trading portfolio
    • vacation packages

    Option.FM Customer Support

    During our Option.FM review, we discovered that this broker offers traders several different ways of how to contact them. Their available email is [email protected] and traders can also use live chat and phone.

    Phone numbers are available for following countries South Africa (+27 105 003 770), UK, New Zealand, Australia, France, Germany and Canada.

    It is important to mention that customer support is available 24/7 for all traders.

    So far, traders can only use English version of trading platform. However, we noticed in Option.FM review that FAQs are not implemented in this platform. We hope traders will soon be able to use this feature because it is a quick way to get answers on any relevant topic in the trading process.

    Option.FM Banking Info

    Our Option.FM review showed us that traders in South Africa can be relaxed knowing that trading binary options with Option.FM is safe and protected.

    They use 128-bit SSL technology, that encrypts personal and financial data of their registered traders. For more on security of this platform, traders can click on Security and Privacy and Compliance and AML tabs.

    Under Secure Banking on trading platform, South African traders can find detailed information on how to deposit and withdraw funds from the trading account. Option.FM accepts payments done via debit and credit cards, bank wire and ewallets:

    • cards – Maestro, Mastercard, Visa, Visa Electron and American Express
    • bank wire
    • ewallet providers – QIWI, Yandex, WebMoney, PaySafe Card, SafetyPay, Boleto, Moneta.RU and AstroPay

    Withdrawing funds from Option.FM account is also safe and yet simple. To be able to execute withdrawals, traders have to submit a withdrawal request. In case of any questions, they can contact their customer service on [email protected] .

    For withdrawals done through debit or credit cards, it can take up to 5 business days for this broker to process the request and extra 2-3 days for money to arrive on traders’ account.

    Minimum withdrawal amount is $100 and they do not charge any fees regarding funds withdrawals.

    To start withdrawal process, traders should click on My Account tab in upper part of the platform and choose Withdrawal request. Afterwards,, they have to select preferred amount and currency and that’s it. After withdrawal request in accepted, traders will be notified via email.

    Best Binary Options Brokers 2020:
    • Binarium
      Binarium

      The Best Binary Options Broker 2020!
      Good for Beginners!
      Free Education + Free Demo Account!
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    • Binomo
      Binomo

      Only For Experienced Traders!

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