Do you want to trade binary options? Like other forms of trading, you have to find a broker to trade binary options. There are numerous options that you can check out in this regard and one of them is Zone Options. Introduced by Spot Capital Markets Ltd., Zone Options hasn’t been around for that long as it opened its doors in 2013. It caters to traders all over the world and is a Cyprus Investment Firm. But, is Zone Options scam? It is perfectly natural to have doubts about a relatively new brokerage because the market is currently rampant with shady and scam brokers.
However, you don’t need to worry about Zone Options scam because if you take a look at it closely, you will discover that it is not a shady broker. Check out everything this binary options broker has to offer:
Special Features of Zone Options
Zone Options is a fully regulated broker due to which it provides complete protection to its clients. This means that customers don’t need to worry about the safety and security of their funds. Zone Options’ parent company is licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC), which means that the broker automatically becomes a member of the Investor Compensation Fund that’s for clients of Cyprus Investment Firms (CIFs).
According to this membership, clients receive a compensation of EUR 20,000 in case the broker fails to fulfill its obligation towards the customers. You don’t need to be concerned about Zone Options scam because it is also secured within Europe under MiFID. As far as its offerings are concerned, Zone Options gives access to more than 200 financial instruments spread across 20 international markets.
It should be noted that Zone Options doesn’t offer any bonuses to clients and if you are interested, you will have to get in touch with your account manager. They do have a no-withdrawal restriction policy, which ensures that traders will be able to withdraw their profits without any hassle. This is a bonus because there are some binary options brokers that do place restrictions on withdrawals and may even ask for turnovers on funds that have been deposited.
An excellent feature that Zone Options offers to its clients is their trade signals. Even though they are not a guaranteed trading solution, they can certainly turn out to be a very useful tool when used properly. Intelligent use of trading signals can be immensely useful for traders and can help boost their returns significantly. A variety of signals are provided by Zone Options for 60 different binary options. These signals have a 15 minute, 30 minute and 1 hour expiry. In case of Zone Options scam, such features wouldn’t be available.
The education tab available on the Zone Options trading platform is also worth checking out as it comes with a lot of free possibilities. You can find PDF e-books, informative videos, eCourses, interactive e-books and an extensive binary options trading guide. They also have data analysis articles to support binary options trading. You will also find an up-to-date economic calendar that can be used by traders to their advantage.
Trading Software at Zone Options
Another way to find out about Zone Options scam is to take a look at their trading software. Even though the website design is very straightforward, the brokerage has incorporated a very advanced trading interface. You will come across a wide array of features that are displayed in an organized and professional manner. You can trade through the Ladder option, OneTouch option and the 60 second option when trading on Zone Options. All traders are required to do is choose the option, then filter according to your preferences for asset type to expiry time. A wide selection is available at Zone Options, which perfectly aligns with outstanding trading investment that the broker has to offer.
Support Information at Zone Options
The Zone Options binary options trading platform is mostly featured in English and Spanish speaking countries. Nonetheless, their support staff is multilingual and they are always ready to help with any concerns or questions. If you want to get in touch with the Zone Options support team, you can do it through several means like email, live chat or through phone. You will be able to find most information on the broker’s website as there is also an FAQ section and even an ‘About Us’ section.
The FAQ section provides information about signals whereas the ‘About Us’ section comprises of a variety of interesting and useful information. The overall website is also quite well-designed.
Banking and Company Information at Zone Options
Zone Options has a very user-friendly website and navigating it is extremely easy for everyone, which means you can also find all Banking information. It is very rare for brokers to offer multiple options and they don’t list them so transparently. The company doesn’t bother leaving things to the imagination and prefers to be transparent about its services. You can easily find deposit options, along with all relevant information like minimum and maximum deposit as well as processing times.
Various credit and debit cards are supported, including Visa, MasterCard, Visa Electron and Maestro International. Payments can also be made via bank transfer, Neteller and Skrill. The minimum deposit to be made is $250 and verification documents have to be submitted before you can make withdrawals. Withdrawals usually require five days and no additional time will be taken if your verification is not complete. The minimum withdrawal amount is set at $50 and $10 is charged as withdrawal fee.
Account Types at Zone Options
There are three account options offered by Zone Options, which are Beginner, Gold and VIP. All accounts offer a different payout and they are entitled to daily market reviews, personal account manager and access to educational material.
Bottom Line
There is no Zone Options scam as this binary options broker allows you to trade as many binary options as you want in a secure and reliable trading environment.