Dragon Options Review: A Sneak Peak:
Prior to moving towards a detailed review, let’s have a point to point introduction of Dragon Options.
- Binary Options regulate firm with the CySEC Regulatory License No. 223/14.
- Dragon Options was founded in 2011.
- Minimum Deposit you can make is $250.
- The minimum trade you can do amounts to $5.
- Powered by Spot Options.
- Android app available.
- iOS app available.
- Offering variety of educational material like the trading books and E-books.
- Variety of payment options.
- A huge list of trading pairs.
- Daily and Weekly market review options available.
- Live chat available.
- Prediction facility after choosing a trade.
- Offers a handsome payout between 70%-80%.
- Retaining 10% of investment in case of any loss.
Dragon Options Review 2016: Reality behind Scam Label:
Dragon Options is a binary options trading platform. This firm was regulated in 2014. Its head-office is located in Cyprus and it is offering the best and most trustworthy trading services to its clients. A huge number of binary options trading brokerage firms are quite a load of rubbish. The only reason is, binary options is an emerging and profitable domain and every other trading app comes with certain claims. Afterwards, the scam apps disappear along with their scam artists and you get to lose everything.
In addition, Dragon options make sure that the financial decisions which they make for the clients are optimal. They not only trade for you, but also give you expert analysis of the entire market situation. This feature has garnered hundreds of trusted clients for them. Furthermore, the webinars and online education sessions are another great step by Dragon Options.
Let’s have a look out at our point to point analysis of Dragon Options:
- Online Trading School:
Superseding many binary options trading firms, the Dragon Options has far much to offer. For instance, its online trading school is full of present day’s advanced knowledge. A trader can avail the opportunity of trading videos, E-Books, video tours, webinars, courses, and a glossary section as well.
- Trading Options and Tools:
In addition, Dragon Options is offering a variety of trading tools and options. Let’s find out in detail:
While trading via Dragon Option, you can choose from a list of pricing and payment options. It accepts almost every credible and regulated payment option. Either you use credit cards, wire transfers or e-wallets, options are open for you. Finally, these options makes it outstanding among other brokers. Options to choose from are:
- Wire Transfer.
- Visa Qiwi Wallet.
- Web Money.
Furthermore, the asset index of Dragon Options is one of the most well-endowed asset indices. Not only just the indices, but also they let you know the trading hours. The formula through which currency, stocks, products and indices are calculated are:
Currency Calculation: (Bid+Ask)/2.
Stocks Calculation: (Bid+Ask)/2.
Products Calculation: (Bid+Ask)/2.
Indices: Depends on the last quotation.
There is a huge variety of stocks you can choose from. Let’s mention a few and the whole list you can find on the official website of Dragon Options. Amongst the entire lot, a few are as follows:
AIG, ALLIANZ, AMAZON, AMAZON VS EBAY. AMAZON VS NETFLIX, ANZ BANK, APPLE, APPLE VS AMAZON, APPLE VS GOOLE, AXA SA, AXIS BANK, BAIDU, and etc.
Currency Pairs, Commodities and Indices:
A total of about 25 currency pairs are there to trade from, in Dragon Options. Furthermore, there are 12 commodities which are: COFFEE, CORN, GOLD, GOLD vs. OIL, GOLD vs. SILVER, NATURAL GAS, LIGHT OIL, PLATINUM, SILVER, SUGAR AND WHEAT. In addition, there are a total of almost 45 indices to choose from. Consequently, making the Dragon Options, as one of the healthiest trading platforms.
In addition, you can choose from a list of trading methods. The trading methods include Binary Options trading. In this trading, entire trade is done using Call/Put actions. Furthermore, it is gives you a fix return on your trading. Almost the entire payout is predetermined and it lasts till the trading product lasts. The second method is the Long Term method. In addition, it gives you the ability to trade over a period of one year. You can maintain a great profile in which you can mix-up long term and short term trades.
Another trading method is that of 60 seconds trade. The life of this trade is just 60 seconds and it gives you the ability to trade in the quickest way possible. In addition, there are Ladder and One Touch trading methods as well. The one touch option is actually a high yielding option in which you can earn a lot of profitable payout.
There are two account types which you can avail at Dragon Options. The Basic Account and the Premium Account. The Basic Account type normally requires a minimum deposit of $250 and the highest deposit of $4999. In addition, a welcome bonus of 110% is already there in the account after subscription.
Furthermore, in Premium Account, the least you can deposit is $5000 and the highest you can deposit is $24,999. The perks you can avail with the premium account are: 6-months financial forecast services, access to market news-letter, aggregate bonus up to 50% each month and 70% trade bonus.
Other Trustworthy Brokers:
Furthermore, here are a few other trustworthy and reliable brokers:
Binary Scam Watch Monitor Conclusion:
Consequently, the points we have discussed in Dragon Options Review are enough to back our claims. It is a trustworthy and reliable platform for trading. Unlike others, it offers a variety on every option. Even more so, the 24/7 chat option makes it easy for the traders to consult the expert advice. Furthermore, its android and iphone apps are quite interactive and easy to use. In addition, it has given excel to mobile trading. Since its abilities are outranking many other brokers, Dragon Options is making financial breakthroughs. Keep reading our broker reviews and stay updated.