Option Ridge Full Review
Option Ridge is a new binary brokerage house with mission to provide binary trading that is completely suited to traders’ needs. They claim to put a lot of effort into relationship with customers. This Option Ridge Review will introduce readers to this new broker that was established by experienced specialists who worked in financial markets for years.
There are 4 different account you can open with Option Ridge
Standard – Minimum deposit of $250
0,5% additional return to every trade
$1000 cash back volume
Silver- Minimum deposit of $250
Free access to learning center
Free trading supports from market analyst
1% additional return on every trade
$3000 cash back volume
Gold- Minimum deposit of $5000
Everything that comes with Silver Account
2% additional return on every trade
$10,000 cash back volume
Platinum- Minimum deposit of $30,000
Everything that comes with Silver Account
3% additional return on every trade
$50,000 cash back volume
Promotions and Account Types
Option Ridge offers her new clients a bonus of 100% if you deposit over $250. Required turnover is between 25x and 35x, depending on the bonus amount added to traders’ account.
Option Ridge also give her new client (mainly beginners) a demo account or mini demo platform. It is completely free of charge! you can start making virtual money without investing anything just so once you start with the real account it will be easier for you.
Option Ridge apparently enables social trading as well. This section is placed in the bottom left corner of the platform, can help you get the right results you are looking for without having much knowledge in trading, since the social trading focus on other trader who actually make good trades and allow you to follow their steps in your personal account.
Option Ridge review stated that this broker has a Tradesmarter platform, but we find disappointing that much important data is missing when it comes to introducing the platform. For example, it was almost impossible to find what options can be traded (it was found in FAQ) and what the success rates are. FBO considers this data very important for users, so it should be properly presented.
Option Ridge provides 60 seconds, high/low, one touch and long term options, accompanied with various expiry times like 30 sec, 60 sec, 2 min, 5 min, 30 min, 1 hr, end of the day, etc. Traders may trade stocks, indices, currencies and commodities.
The good news is that Option Ridge provides mobile applications for both Android and iOS phones which is very convenient. Apps can be downloaded via buttons on the website or directly from the store your device supports.
Option Ridge Support
Option Ridge trading platform is available in English, Spanish, French, Russian and Arabic. Customer support can be reached via phone, email, or form on the website. There is also the option of live chat but is currently under construction.
During Option Ridge review FBO found out it has an educational section as well, but it is available only for registered traders. As far as it can be seen, it provides e-books, educational videos and section dedicated to strategies and social trading. As it is accompanied with demo platform as well, it can be said that users get all the information they need in order to start trading. There is also FAQ list, which answers the most common questions concerning more technical details.
Trading Tools and Resources
Option Ridge is owned by Mountain rider LTD, Anguilla. They provide a great number of banking methods, including some of the most popular e-wallets. It is important to know that same method should be used for both depositing and withdrawing, so before making a final decision make sure to choose a method that is right for you.
Banking methods are bank wire, Visa Electron, Visa, Master, AmEx, WebMoney, Skrill, iDeal, Netteler, and Sofort. As it is already known, every method has its good and bad sides, but in most cases there are no fees attached except to bank wire. When it comes to bank wire transfers, Option Ridge states that fees below $250 will not be by the broker, and they also warn that there may be additional fees, not connected to them but to the bank. Also, when depositing with American Express, traders must count on 6,5% fee.
All transactions are basically instant, once the withdrawal is accepted, but in the case of bank wire, it may take 1-3 days for funds to be seen on the account.
Traders at Option Ridge can contact support via Email, Telephone, Contact Form, and Live Chat.
Telephone: + 44 203-514-7752