Review on redwood binary options regulation
They have also recently added 24 stock pairs to the list. It's one of if not the biggest list of assets out there, so for self starters looking for a solid trading platform to trade some of the bigger options, it has enough to keep you occupied.
Since they started back in they have considerably grown their assets list adding more stocks and indices and currencies to the mix. Their expiry times range from 60 seconds up to around 6 months. Which can accommodate the risk takers and far more patient options traders out there.
Weekend trades are limited by the number of assets that are available as some markets close and the One Touch option only has a Monday to Friday options available.
These returns are more than average and more than acceptable, considering the trading platform itself works so well and makes it so easy to trade. A great little addition for traders just starting out to regain some losses. If you are comfortable trading, chances are this is as good an amount as any to start you off with a new binary options broker.
If you like to spend big then the maximum amount available to deposit should make you happy. The withdrawal procedure is pretty standard for binary options brokers and on your first withdrawal you will need to provide a Photo ID, proof of address and, if you deposited using a credit card, a copy of the card you used. Payment can take up to 3 business days to process the request and a further business days for the funds to show in your account, not exactly swift, but a small price to pay.
Their customer support team are friendly and helpful, we found little to complain about in our dealings with their knowledgeable staff. That said, Redwood Options loses a fairly large point by providing support, and the whole site, in one language, English. That said, you can contact them via their Live Chat 24 hours a day, Monday-Friday, which is great help when you are trading assets all hours.
Alternatively you can use their on site contact form or email them directly. Like all good binary options brokers Redwood Options mobile apps have you covered.
Whether you own and Android phone or iPhone they have dedicated native trading apps for you to download to maximise your binary options trading experience. These binary option apps don't reduce the amount of features available to you, you can make secure deposit and withdrawals, view your trading history and make trades using their intuitive mobile platform.
You'll find it beneficial to keep on top of your options wherever you are. Redwood Options shines in the education financial tools and features they provide traders. We particularly love that they treat each of their binary options traders like a VIP, giving one-on-one advice and personal forex training - something even the most advanced and established platforms don't provide.
Take a look in their Education section of the site and you will find some great educational tools to get you started or keep you on top of your game. They provide an EBook with an extensive background in to binary options, and detailed information covering all areas and factors you need to consider when trading binary options online. When you sign up you can get access to their binary options Video Academy where you can learn more, from the basics to more advanced strategies and tips they can help beginners and more advanced traders alike.
If you want a sneak peak they do offer two free to view videos including, Introduction to Binary Options and Trading Psychology, but you will have to register to see more. Registering is free and does not require a deposit to access the academy, so it's worth taking the couple of minutes to do so.
Overall Redwood Options is one of the best binary options brokers to newly emerge on the market. It is still quite new, and lacks some of the finer features we've come to expect from the bigger brokers. Multiple languages and more local phone numbers would have been good.
They provide excellent educational services to all the traders, so that the latter can make sound trading decisions. Redwood Options also offers excellent withdrawal schemes. They do not charge for withdrawals via credit cards while also providing payment gateways to ensure safe transactions on the platform.
We should see great things from these guys in the near future. This broker is not recommended. This broker is either not regulated or generates a large number of complaints. Alternatively, these are our Top 3 brokers based on Ratings: On top of amazing cash bonuses redwood options offers special personal training by a market analyst with trading strategies and personal consultation Trading account Opening an account is very simple and super quick.
Super fast super profitable 60 seconds contracts as well as a custom contracts builder. Platform features Over underline assets- over 10 currency pairs! Most competitive bonus offers in the industry. You can fund your account using any major credit card in addition to wire and cashU options.