GOptions is a broker who has managed to catch our attention recently due to their impressively rapid rise in popularity, which has occurred over the last several months, and still continues up to now. Nobody rises that quickly in this super-competitive industry without having something truly unique to offer their clients. We wanted to find out for our GOptions review exactly what they were offering prospective clients to attract so many of them in such a short period of time. It sure implies to us that they must be doing something right. Enough so that they are certainly at least worth a look anyway. So let’s get to some looking, shall we?
Contents
GOptions Review General Information
Website Address: http://www.goptions.com/
Company Launched: Founded 2009, Platform Launch Early 2012
Accepts US Traders: Yes! NOPE! NO LONGER
GOptions Minimum Deposit: $200
Contract Types: High/Low, Turbo, Long Term, Custom, One-Touch, Ladder, and Pairs
Deposit Bonus: Yes – From 30%-100% Depending On Account Type
Demo Account: Yes – Free GOptions Demo Account Available
Trading Platform Technology: SpotOption Based
Read On For The Full-Length GOptions Review…
The first thing we really noticed about the GOptions platform upon first visiting their website to open our account was their variety of contract types available. Definitely one of the better lineups which you will find. Another huge plus for this broker is number of unique contracts and features which they offer (which we’ll get to in detail in just a bit). This was a bit surprising considering that their trading platform is based on the popular SpotOption technology which is widely used in the industry. But GOptions simply has more features that can’t be found elsewhere than almost any other broker out there. And it is probably that, more than any other single thing which accounts for their popularity.
GOptions Features and Highlights
First let’s look at a general overview of what the service has to offer, and then we’ll look at the most important of those features in more detail below.
- Turbo Options – 30/60/120 Second Contracts
- Daily & Weekly One-Touch Options – Up To 500% Payouts
- Pair Options Contracts
- Long-Term Options – From 1 week To 1 Year!
- Unique Ladder Options – Payouts Up To 1,250%!
- $25 Minimum on Standard Trades, $5 on Turbo Options
- GOptions Signal Marketplace W/Automated Trading Option
- “No Hassle Withdrawal Policy” – Fastest in the Industry
- Mobile & Tablet Apps and Compatibility
- “Buy Me Out”, “Roll Over”, and “Double Up” Trading Features
GOptions has a solidly competitive overall trading platform, using the popular and widely used SpotOption trading technology to power their platform. From that we know that it is reliable software that is easy-to-use, and is popular among traders. That’s why it is so widely used in the industry. But what’s important is how it used. Because we have most definitely seen it used badly before. That certainly isn’t the case here. Our GOptions review showed us what was probably the best use of the SpotOption technology that we have seen to date.
***Register For Your Free GOptions Account***
Where GOptions does especially well, however, is in the sheer number of trading features and option types which they offer. They are definitely among the top in the industry in this category. Their underlying asset selection could probably use a little work in global stocks area, but they have all the most popular and widely traded assets, and most people aren’t likely to notice anything lacking.
GOptions “Long-Term” Binary Options
GOptions offers “Long-Term” contracts on a nice variety of underlying assets. These contracts can offer payouts of up to 90%, and are offered in expiry ranges from one week, all the way on up to one year. Yep, a whole year. Not many binary options traders have that kind of patience though, and when they do they tend to use more traditional means. But the less extreme contracts, of a week to a month or so can be quite useful for playing index trends with larger investments.
GOptions Turbo Binary Options – 30/60/120
Turbo binary options are GOptions answer to the 60-Second binary option. You still have the 60-second option, of course, but now you can also choose 30-second, or 2-minute binary options contracts as well. This opens up a whole new range of potential strategies for those who enjoy this highly fast-paced style of trading. And the payouts can range all the way up to 90% in some cases, and overall have been pretty good on average during our time there so far.
The Daily & Weekly One-Touch Options
Prior to this experience we had mostly been used to seeing only the weekend tradable, weekly one-touch binary options contracts. So seeing them being offered for trading all day during market hours took a bit of getting used to at first. This variety of one-touch option has lesser magnitude goals to reach, and lesser return rates offered in exchange. So instead of having to move 20 points for a 400% return, you would have to move 5 points for a 150% return. We actually quickly grew to like this variety better than their longer odds cousins. These are much more flexible and usable. But you have the weekly ones at your disposal as well so it’s the best of both worlds, so to speak.
***Register For Your Free GOptions Account***
The GOptions Ladder Option Contracts
Ladder binary options contracts are a relatively new form of binary options trading only offered by a very few brokers at the moment. And each broker structures their Ladder options somewhat differently so it can be a confusing subject. We won’t go into details in our GOptions review because that just isn’t its purpose. But you can read more about them in our article here, or on the goptions.com website itself. But for the GOptions version, in a nutshell you are just choosing your own risk/reward profile by choosing which level(s) to set your goals at.
GOptions Signals Service Marketplace & Autotrading
Before getting to anything else it is time to talk about one of the most popular features that GOptions has to offer, their binary options signal service marketplace. A marketplace that has both free and paid services, as well as an automatic trade execution option. But this unique service requires a bit more detailed an explanation.
As a GOptions client you will get free access to the signals marketplace which has at least 40 different signals service/strategies at any given time. Once you have access to the system you can view all of the previous history of the service for the last 30 or 90 days. This will show you all the signals that were generated by the service, and of course its success rate and profitability. And best of all, most of these services are completely free! There are always a few paid plans available as well but they don’t usually have any better a win rate than some free plans.
***Register For Your Free GOptions Account***
After you have looked through the various strategies available and found one you like you have a few options going forward from here. This is where the potential for auto-trading comes into play. Once you have subscribed to a service you can choose to simply have it manage your account and automatically execute the trades generated by the service if you want. And you can turn this feature off and on at will. Alternatively (and what we personally prefer) you can just have the signals sent to you by a variety of means (SMS, email, etc). There are also other options you can tweak and adjust. This is a very cool feature to have around for free, and is something which we would like to see spread to other brokers in the future.
GOptions Customer Service & Education Materials Review
We have only been with GOptions for barely a month at this point so we haven’t had a whole lot of experience with the customer support team over at GOptions, but what experiences we have had were all pleasant enough. So far we have contacted them three times, twice using live chat, and once through email. The response times for both methods was good, with live chat being a matter of minutes, and email a matter of under an hour. More importantly though, we have not received or read about any substantial complaints about this broker, which is always a good sign in this industry. In addition, we found when doing research for this GOptions review that they were the recipients of more industry awards and accolades for the 2013-2014 period than any other broker in the business. That’s a nice feather in the cap to have.
***Register For Your Free Finpari Account***
GOptions also operates their very own binary options blog. It is populated with market analysis, educational material, strategy articles, and even an educational video series. The video series is actually quite good. You especially may want to check out the two on ladder options trading since most will be unfamiliar with them.
GOptions Review Conclusions
We still haven’t even covered everything you’ll find over at GOptions but since we are nearing novel length here, we think it might be a good idea to start wrapping things up. When we look at the whole picture that is the GOptions service and trading platform we would have to say that they are probably among the top 3 brokers which we have reviewed this year. And probably the #1 broker for US-based binary option traders (GOptions no longer accepts US traders). Traderush, our previous #1 has fairly recently stopped accepting US clients as well (go here) for the best brokers for US-based traders).
Overall GOptions Review Rating = 4.0/5.0 Stars = Binary Options Bosses!
GOptions Trading Platform Video Overview
And if you have any experience with GOptions, or any other broker discussed here that you would be willing to share with the community then please leave us a comment below, or contact us. Thanks!
16 Responses
ALL YOU NEED TO KNOW ABOUT GOPTIONS IS THIS – THEY ARE NOT EVEN MAKING REAL TRADES – THEY ARE USING A TRADING SIMULATOR – ASK YOUR LOCAL S.E.C. TO CHECK THIS FOR YOU. THIS MEANS ADAM STONE STOLE $1,000,000.00 FROM HIS OWN CUSTOMERS USING HIS SIMULATOR AFTER TELLING HIS CUSTOMERS TO BET THE OTHER WAY.
I basically agree 99.9% and couldn’t have said it better myself. Sooooo many of the “complaints” out there that are totally illegitimate and actually “user error,” not “broker scamming”. Although, very unfortunately, broker scamming DOES take place in the “darker” corners of this market. So yeah, do a little research, use your common sense, and don’t let “House” Robots or Systems trade your account, in our opinion. Thanks for your helpful comment and feedback! Good luck in your trading activities!
Regards,
JM
I haven’t used GOptions. I do know why “traders” would allow a “broker” or “analyst” to “trade” with your own money. That’s like giving money to a casino and expecting them to bet on poker in your favour. Ridiculous. Why do people do it? Then they go home crying!!!! This game isn’t about trading. It’s betting. Used wisely, it is a great product. An opportunity to bet from home or whilst mobile. That’s all it is. Then I read that some people want to change their lives, want to generate an income, want to quit their day jobs. They thought they had faith in their broker’s decision making abilities. Money is “traded”/bet and money is lost. Shit happens.
I cannot have sympathy for people who throw their money away.
Regarding non-withdrawals, very sad affair, if true.
Binary Options I think is a fantastic platform for making money if you apply due diligence, educate yourselves, look after your own money, have a think-skin and not fall into the trap of entrusting the House with your funds. If you can’t do the basics, and if you think it’s a get rich quick scheme, and you lose your money then grab a box tissues and go weep elsewhere kids.
Thanks for this updated feedback! I am US based and was a happy client of theirs at that time. We and our visitors rely on the kind of real feedback from other real traders that can only come from visitors speaking their minds and leaving their own reviews! Good, Bad, or Downright Ugly!
Good luck in all your future trading activities!
Regards,
JM
goptions IS a scam, and will cheat you of your money. As soon as goptions became a “no US broker”, they, and their salesman, ronnie adams, traded my account from $1000 to zero. ronnie adams traded me from one thousand to zero in 28 minutes one friday morning. nobody at goptions is interested in discussing this incompetence. If my experience is indicative of goptions customer relations, and trading, then I think that every trader considering opening an account with goptions should know about them and their agent – ronnie adams.
We have been with GOptions since 2010. Everything in this review about them is absolutely true. In the beginning, there were some issues but nothing to cry about. As other Binary Options Brokers have dropped U. S. Clients, GOptions have been very accommodating. They are second to none when it comes to withdrawals. If you think about it, that’s what really counts right? They are the fastest processing of withdrawals I’ve seen so far. We have two other broker accounts, but none come close to GOptions. The World renown Spot Options platform is outstanding with many features and trading options. Our private membership is based in the United States with members from all parts of the country. We endorse GOptions and hope they will not be influenced by the U. S. regulators or U.K. regulators to drop U. S. Clients.
Indeed. As a general rule, other than for very experienced traders, we here at USBOinfo generally DO NOT encouraghe or support our readers/visitors to accept deposit bonuses. For the exact reasons which you brought up. Some people know enough about the systems and binary trading in general to take the bonuses and successfully use them to generate significant additional profits.
Those people are few and far between though. I myself do not accept broker bonuses because I am not one of those “very few” who can “game the system” enough to make deposit bonuses profitable.
And even then you not only could still fail. There is little doubt that the VAST majority of traders are taking a significant risk in accepting a deposit bonus. The bigger the bonus…the closer you had better be reading that fine print. Better yet, just avoid altogether.
Regards,
J.M.
just dont get involved in their managed trading account, they lost $25000 of my money in a month and a half. and you are better off not taking the bonus money, they dont really explain it to you unless you really ask but your money is locked in if you take bonus.
What do you mean by “paid multiple times”?
I mean, that sounds good to me. I’d love to get paid multiple times for the same winning trade. But alas, when I win a binary options trade with GOptions, they only pay me once…those bastards! haha
Seriously though, I’m not sure what you are asking?
Anyone else who got paid multiple times? I want to make a deposit here but I am skeptical because of my bad experience with binary options…Thanks in advance!
Unfortunately, there is a lot of disingenuous broker trashing that goes on in this industry. And you nailed it, it is competing brands and their affiliates that spread these fake reviews/complaints. And GOptions certainly isn’t the only victim of this. It is really unfortunate because that makes it even harder to actually distinguish the good from the bad, when you have dishonest folks out there purposely muddying the waters to confuse people.
Over the years we have learned how to mostly distinguish the fake attack pieces from the real, valid complaints by real clients. But it can be difficult. Luckily it is only a small handful of the worst, no-name and unreliable brokers that engage in this behavior. But still, that’s all it takes to confuse things and trick at least some folks into choosing the wrong broker.
Thanks for your feedback, and if you ever come up with a good ladder options strategy come back and share with us! An interesting but difficult to master contract type.
I’ve been trading with these guys for a while. So far I haven’t made much money 🙁 but at least the staff and support team are really on point. I’ve traded with a few other brokers in the last 2 years and when I did make some cash always had an issue with withdrawals. Since making a deposit of $800 back in September, I’ve withdrawn twice, and got it back really quick.
I’ve read a lot of bad things about these guys and the more I trade with them, the more it feels like someone is trashing them out there (competitor? another broker? maybe something else… dunno). Anyway, my experience has been very good and I do recommend them very much.
Especially love the ladder options as well as a few of the brokers there who have really helped me out on a few occasions. This past Friday right before the NFP, I spoke the to guys and their ideas helped me recoup a big chunk of my losses in a day. So, I am at least grateful for that.
Anyway – good broker.
Jared S.
Hi to all at https://usbinaryoptionsinfo.com/
What a wonderful and thorough review, I must say!
In general review websites get lackadaisical about the real info regarding certain brokers and sites. It was such a pleasure to see in clear plain English a large majority of our features and offers. Our brand and platform have grown and built with two main promises in mind;
Guaranteed Pricing
Guaranteed same day withdrawalsWith those two points in mind, plus the unique and exclusive free auto signals, along with pro coaching and training upon request we do feel like we are pack leaders.
Leave the ego aside however, just thank you again for the kind and real review (that is how we like it!). Any/all feedback is welcome and wanted by us at all times, my own private email is adam.stone@goptions.com (adam stone goptions for youtube), it would be a pleasure to hear from any of you in order to further your knowledge of GOptions, or just to validate the fact that this review website is a real head and shoulders above the rest!
Best,
Adam
——————
COO & Co Founder
http://www.GOptions.com
I’m sorry Will, we don’t have a signals service. You aren’t the first person to ask but doing the job correctly requires a great deal of time and effort, and it is time which we unfortunately just don’t have at the moment for a new project. Thanks for your interest and support though!
I’m afraid that these–so far ONLY RUNORS–gave some measure of truth to them. I think they got into financial difficulties when tey decided to leave the US market–a VERY lucrative market, and go the worthless “EU-Regulated” (i.e. “we’ll watch your back!…while you’re robbed blind by OUR clients!…(see US meltdown 2007, Greek meltdown, and more for supporting evidence…the list is endless). you and I know may know that Regulatory agencies are Not here to protect the interests on clients/customers, but rather to protect their entrenched interests (the biggestest few sites, bringing in the far largest sums of Google Adwords Revenue. The big dog players (Goldman Sachs, BofA, large institutional clients, and of course the “too big to fail” Fannie & Freddie Mac, and other large corporate interests, Etc. No bailouts for the likes of us though haha). But most of those uneducated or just inexperienced in the markets unfortunately buy into this “Regulatory” scheme…and far too often pay the price as a result.
If you are looking for a good broker…their current clients/customers feedback and mini-reviews to be found here and elsewhere are infinitely more reliable as an (B.S. in Applied Macroeconomics, with a focus on global financial markets) indicator of solvency, overall financial health, trustworthiness, and customer service (rapid withdraws, quick tech support or any other kind of support you may need, at all hours of the day, wherever you are in the world, etc.). If you want one of the strongest and most reliable and trustworthy binary options brokers out there then that is where I suggest you look my friend! If you’re an American we have literally ALL the remaining reliable, trustworthy companies left serving our large, highly-profitable market (I’m a USA binary options trading enthusiast as well).
We sure hope they get this friggin political games argument out of the way soon and agree on some ground rules (not holding my breath) so we can promote our favorite brands to people in ANY country! The whole thing is ridiculous, IMO.