How to Make Money with Binary Option Robot
Top Binary Option Robots in United States
Claim your free binary option robot, get started with three easy steps:
- Name of Robot
- Min. Investment
- Min. Deposit
- Rating
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Binary option robotRegulated
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$1
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$200
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OptionRobotVoted No.1
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$1
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$200
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AutomatedBinaryRegulated
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$1
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$200
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1. Your Binary Option Robot will analyse the market and decide, which asset (currencies, indices, commodities and stocks), is right to trade at that point in time.

2. The Binary Option Robot Will Predict the Price Movement
Your robot will assess a wide-range of factors, and then make a prediction on how the assets price will move, saying: Call (up) if it believes the price will rise and Put (down), if it believes the price will fall.

3. Decide on how much you want to Invest
Then you need to decide how much you want to invest in the commodity and when that investment will expire.

4. Collect your Earnings
Finally, you collect your earnings (the good part!)
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Deposits and Withdrawals
The brokerage house accepts popular deposit methods for deposition and withdrawals of the funds. It accepts the payment through credit cards & debit cards of MasterCard or Visa, Neteller, Skrill, WebMoney, Qiwi wallet, Yandex, FastPay, BitCoin, and wire transfers. The broker accepts a minimum deposit of $10 which makes them the truly retail service provider.
The OlympTrade claims to provide one-day withdrawal for the VIP clients but may take up to 5 days for all the other clients. The site also claims that the 90 percent of its normal withdrawal are processed within 2-3 working days. The customer can withdraw funds to the card or e-wallet which was used for the depositing funds. The broker allows minimum withdrawal amount of $10 while it allows unlimited maximum withdrawal amount. The heartening fact about the withdrawal process is that it does not charge any fees for the withdrawals.
The traders may be required to go through a verification process for security reasons, which involves ID and Address verification.
Signup and Bonuses
The brokering company enrolls the customer with the minimum required information like e-mail, name, date of birth, address, and others. The organization has only two kinds of trading account; the standard account and the VIP account.
The OlympTrade offers deposit bonuses for its customers depending on their amount of deposit. Following table provides the percentage of deposit bonuses for various amounts.

The bonus range is up to 50 percent which is very discouraging as most of the binary broker provides bonuses up to 100 percent to their clients on their initial deposits. The encouraging aspect of the site is that it offers a variety of contests for their clients including extravagant escapades from time-to-time.
The broker also offers to refer a friend bonus of 1% of trading volume to the referrer through refer-a-friend program.
The brokerage house only offers two types of trading account for the clients with distinct advantages: The standard account and the VIP account. Following table provides detail information about requirements and benefits of each account.

PS: The trader must generate the transaction volume of 25x of bonus amount in order to withdraw the benefits of bonus.
The trading volume requirements for the bonuses are in line and on the lower side compared to its competitors as most competitors required a trading volume in the range of 25x to 50x.
Payouts and Trading
The payouts on the assets depend on the type of accounts. The brokerage house offers 80 percent payouts to the common or standard account holders while it offers 90 percent payouts to the VIP account holders. The payout from the broking company is in lower strata of the payouts offered by the rival binary brokers.
The OlympTrade offers limited assets for the trading including select stocks, indices, currency pairs, and commodities. Also, it offers limited types of options to the traders and it only includes high/low and one-click options. This is very disheartening as many of its rivals offer more than 200 – 250 assets. Also, the competition offers options like ladder, one-touch, long-term, short-term amongst others. The OlympTrade offers asset expiry of maximum 24 hours while most of its opponents offer up to 7-day expiry and in some cases, it gets extended to 1 month.
As indicated earlier, the OlympTrade provides android and IOS mobile application for on-the-go customers.
The trading options and payouts are the major disappointing factors in the case of OlympTrade, as it falls short of its rivals and available choices for the traders.
Support
The broking house extends its customer support services through various channels. The channels include telephone, e-mail, live chat, and social media. The company offers its customer service in various languages and the following table provides the detail information regarding the same.
The customer support seems a robust and adequately equipped to resolve the customer queries. The multi-lingual support system provides a bonus point to the OlympTrade and goes with its customer centric approach. Though the customer support system of the OlympTrade looks very robust and solid, it would be difficult for us to comment on the responsiveness as we haven’t tested their support services.
The online research about the website for the client review suggests that there is limited feedback about the broking house, understandably because it’s a relatively new broker in the market.

The Organization
The OlympTrade is owned and operated by two separate entities; the Smartex International Ltd, and the Frandom Holding Ltd. The Smartex International Ltd., is headquartered at Seychelles with registration number: 144 540, whereas the Frandom Holding Ltd, is situated at Nicosia, Cyprus, with registration number: HE331286. The Smartex Internal Ltd takes care of the operational aspect of the site while the Frandom Holdings Ltd deals the financial payments of the broker. The T&C on the website indicates that the agreement takes place between the Smartex and the client.
The Verdict
The detailed review of the OlympTrade has unearthed various aspects of the brokerage house. The in-house developed platform shows their commitment and affiliation to the binary trading business. Also, its multi-lingual website and customer support services indicate that they are here for the long term and not to run away with trader’s money. The broking company also provides exhaustive learning tools and resources for the traders to learn and sharpen their trading skills of binary options. Although the broking house is registered with the independent organizations (the Financial Commission and the Financial Market Relations and Regulations Centre), the company is not regulated by any government bodies and creates a dilemma. The OlympTrade also offers very limited assets and options type to their traders which are very disheartening as in the binary arena, most of the brokers offers 200-250 assets for the trading and allows distinct options types for the traders. Also, the company offers to expiry up to only 24 hours whereas the competition gives an expiry range up to 1 month.
The broker had started its operation in 2014 and has been gaining ground since then, still, we would recommend our readers to go with some of the well-established names like Banc De Binary, IQ Option, or Option Robot. These brokers have earned their reputation over a period of time with consistent service delivery, timely update, and keeping pace with the new offerings in the market. They are also known for their smooth financial operations and timely payments on a consistent basis. The most important aspect for these brokers is that they are all regulated by the government authorities like CySEC (Cyprus Securities and Exchange Commissions) and also offers abundance assets and options types to suit the entire spectrum of binary traders.
The review indicates that it is difficult to bet on the OlympTrade because of its registration with the self-regulated body and limited offerings, we would recommend going with well-established binary brokers like IQ Option, Option Robot, and Banc De Binary to start the trading journey.
Exclusive offer! Get the binary option robot for free by clicking on the button below!
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References and Further Reading
- Does ETF Trading Affect the Efficiency of the Underlying Index?
- ETF Trading and Informational Efficiency of Underlying Securities
- Impact of Macroeconomic Announcements on ETF Trading Volumes
- Commodity and resource ETF trading patterns during the financial crisis
- Technical Market Anomalies: Leveraged ETF Trading with Daily and Intraday Temporal Functionalities
- Impact of Macroeconomic Announcements on the ETF Trading Volumes
- Empirical analysis of ETF intraday trading
- How index trading increases market vulnerability
- A Comparative Analysis on the Volume-Return Relationship of the ETF and Stock Market
- ETFs, High-Frequency Trading, and Flash Crashes