Verum Option is a new broker in the binary options industry that has been receiving a lot of praise lately. Since they are Scottish-based broker regulated by both CRFIN and FMRRC and the winner of several awards, we had high hopes for them when we first set out to write this Verum Option Review 2016, and below you will see if the company has lived up to them. As we do with all of our reviews, we will be covering all of the most important features and traits of this broker and presenting our expert opinion on whether this is a broker we can recommend. So, let’s get to it!
Verum Option Review 2016 | Trading Platform
The trading platform used by Verum Options is powered by SpotOption, the leading provider of trading platforms in the industry. Therefore, it was not surprising that our experience in trading with this broker was rather pleasant. The platform itself is very intuitive and easy to use even for people with no experience at all, but at the same time it has the complexity that experienced traders will need and be accustomed to. Additionally, you can access the platform from your mobile phone, so there really is nothing stopping you from trading. The broker offers around 200 types of assets, divided into four groups: currency pairs, securities, stock indices and commodities. When we compare this to other brokers in the industry, it is clear that Verum Option is up there with the very best of them. Should you ever need further help, Verum Option offers the Strategy Advisor tool to make sure you get the most out of your trades. Speaking of trades, this broker has a wide variety of trading modes, namely binary, pairs, long term, 60 sec, one touch, ladder and j ladder. Read this Verum Option Review 2016 further for more info on trading with this broker!
Verum Option Review 2016 | Accounts
When it comes to account types, Verum Options keeps it nice and simple. In order to open a standard account, you simply need to carry out the minimum deposit of USD 50, or USD 5 if you’re a beginner, set up the SpotOption trading platform, and you’re good to go! From there on in it gets interesting and your options balloon immensely, as seen in the previous section of this Verum Option Review 2016. One additional option that Verum Option has, and one that is generally recommended for experienced traders, is the VIP Group. In order to become a member of this group, you need to have USD 1000 available on your account, and you will be able to take advantage of some great additional features that Verum Option offers, such as having a personal manager, a 2 % increase on all payouts and the ability to make larger trades regularly. As we said, a great option for experienced traders, or for those that thoroughly went through the education material offered by Verum Option, as presented in a later section of this Verum Option Review 2016.
Verum Option Review 2016 | Withdrawal and deposit
As seen in the previous section of this Verum Option Review 2016, this broker likes to keep things simple where it is possible. Withdrawals and deposits are one such area. We will not go into a detailed description as we have already done so in our Verum Option Withdrawal, but we will mention some of the crucial traits. First of all, the minimum deposit is USD 50, and you can deposit money by signing in to your profile, choosing a suitable payment method and transferring the funds. Withdrawals are similarly elegant, you simply go to your trading account and withdraw the funds from there, but note that the minimum withdrawal amount is USD 10. This is a very low amount, yet again proving the point made at several other places in this Verum Option Review 2016 – Verum Option is a broker extremely suitable for beginners in the binary options industry.
Verum Option Review 2016 | Education and Support
During our dealings with Verum Option, we knew roughly how many satisfied customers they had, so we expected that the support provided by the broker would be slow. However, we were very wrong. Verum Option offers several contact methods – live chat, a callback and e-mail. We tested each of these several times, and not only were we contacted extremely quickly, but the agents that contacted us were both very polite and professional. It is clear that this broker accepts only the highest quality experts among their ranks, which means that you as the customer will have only the best possible service. When it comes to education, Verum Option has a detailed guide for practically anything you will ever need – trading guides, platform troubleshooting, video guides and much more. Our experts went through all of their materials and it was unanimously concluded that any trader, but especially beginners, will have a great time with Verum Option.
Verum Option Review 2016 | Safety
When it comes to safety, it is always better to play it safe. If you want to read our full analysis, head on over to Is Verum Option a Scam. As mentioned in the introduction to this Verum Option Review 2016, this broker is regulated by both CRFIN and FMRRC, which is something very few brokers can boast. Additionally, Verum Option has the Extended Validation Certificate EV SSL, which is a sure sign of website security and reliablity, and they use the PCI Security Standards Council to make sure your transactions are carried out safely. Needless to say, all of our trades went through without a hitch, and our thorough analysis showed that our information was always protected by the various security systems this broker has set up.
Verum Option Review 2016 | Conclusion
In conclusion of this Verum Option Review 2016, we will say that we were more than pleasantly surprised by this broker and the features they provide. A very low entry fee and great service are a sure sign for any trader, but even more so for beginners. Numerous awards, regulation by not one but two regulating bodies… Verum Option has proven to be a great broker and one that cares deeply for their clients. That is why we can recommend them to you without a shred of doubt. Open an account with Verum Option today, and you won’t regret it!