What is Plusoption?
Plusoption is one of the newest binary option brokers. Launched in 2015, the operation is backed by a crew of seasoned finance pros, who are keen on helping their traders succeed, so much so that they don’t shy away from giving them direct pointers in the form of SMS trading signals.
Why is Plusoption Reliable?
Although Plusoption is a relatively new entry on the binary option scene, thus far, its record has been quite stellar. The company behind the site is Tradeplus Solutions Ltd. and it is based in the Marshall Islands. The community vibe – perhaps the most important indicator of the trustworthiness of a broker – is excellent in Plusoption’s case.
Learning How to Trade
As far as trader education goes, Plusoption have an exhaustive “How to Trade” section, in which they deal in detail with every one of the different trade-types they offer. There is also an education center brimful of videos and articles dissecting and analyzing every aspect of trading success. It goes into detail on economy and various trading tactics, all the way to advanced technical analysis concepts.
The bottom of the Education Center page is taken up by a downloadable eBook, which is aimed at introducing beginners to the basics of binary options and trading strategies.
Trading Binary Options
Making a binary option investment is literally as simple as 1-2-3. All one needs to do is to find an asset, to determine an investment amount and to make a prediction. Unlike other forms of trading, binary options are fully transparent in the sense that traders know how much they invest and exactly how much they stand to profit/lose at all times.
Assets-wise, Plusoption serve up a fairly run-of-the-mill menu: they have 12 currency pairs, 17 stocks, 7 commodities and 20 tradable indices.
Plusoption let their traders put their skills to use through Standard Call/Put options, 60 second options, One Touch, Pairs as well as Long-term options.
Plusoption may not be one of the industry frontrunners, but they’re certainly a viable option for beginners as well as advanced traders. We strongly recommend them.