Redwood Binary Options Review

Redwood Binary Options
30-100% up to $10,000
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Overview

Redwood Options company information Redwood Binary Options is a relatively new binary option broker recently founded in 2013. Although it’s one of the newer binary option brokers, the company has… more

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Details

Broker Redwood Binary Options
Website URL www.redwoodoptions.com
Founded 2013
Headquarters 5 secretary Lane. Gibraltar
Support Number Toll free number: 0-800-520-0936
Support Types phone, 24/7 Live Chat, email: Support@RedwoodOptions.com, Technical@RedwoodOptions.com
Languages English
Trading Platform SpotOption 2.0
Minimum 1st Deposit $200
Minimum Account Size $200
Minimum Trade Amount $10
Maximum Trade Amount $1000
Bonus 30-100% up to $10,000
Payout 81%
Free Demo Account Open Demo
Regulated Yes
Regulation Yes, Redwood Binary Options is regulated.
Fees Yes
Fee Info Redwood Binary Options charges every wire transfer withdrawal after the first within a month $30 in administration fees
Commissions Yes
Commission Info Redwood Binary Options doesn't charge any hidden commissions
Account Types demo account, real money account
Deposit Methods wire transfer, credit card, CashU, Neteller, Skrill/Moneybookers
Withdrawal Methods wire transfer, credit card, CashU, Neteller, Skrill/Moneybookers
Trading Methods Buy Me Out, Double Up, en Rollover
Number of Assets 152
Expiry Times 60 seconds, 15 minutes, 30 minutes, 1 hour, 24 hours and 7 days
Types of Assets buy and sell (call and put) binary options on forex, stocks, commodities and over 40 indices
Option Types binary options, one touch options, pair options, 60 second options, open platform options
Trading Currency you can trade all major forex pairs, most minor forex pairs and even exotic forex pairs like USD versus Bitcoin
Account Currency dollar
US Traders Allowed Yes
Mobile Trading Yes
Tablet Trading Yes
Overall Score 7.5

Full Review

Redwood Options company information

Redwood Binary Options is a relatively new binary option broker recently founded in 2013. Although it’s one of the newer binary option brokers, the company has done a good job and has made name quite quickly the last two years with it’s superior quality and customer support.

Redwood Options binary option trading platform

Redwood Binary Options runs on the SpotOption 2.0 software and is only available in English. Redwood Binary Options is mainly chosen by many binary option traders worldwide as binary option trading platform because of it’s superior binary option trading app for smartphones and tablets. The Redwood Binary Options app has all features the web-based or PC version has, just way more compact. With Redwood Binary Options you can buy and sell (call and put) binary options on all major forex pairs, most stocks (American, European and even some Asian) and 40 different indices. Which assets are open for trade is viewable in a easy-to-understand chart. Under the chart trades can view their live trades. A great feature compared to other binary option brokers is that on Redwood Binary Options traders can actually see a red vs green bar under each asset that shows how many traders are buying (call) and selling (put) options on the current asset. This way binary option traders can see and follow the the current market trends.

On Redwood Binary Options traders can invest in a wide range of binary options. Multiple trading features are featured on Redwood Binary Options like one touch options, 60 seconds and Open Platform options. Standard or vanilla binary options pay out an average of 81%. One touch options can pay out up to a massive 550%, way higher than other binary option brokers (350% average). Minimum amount to invest per binary option is just $5 which is less than the usual $10 or even $25 offered by other binary option brokers. Expiry times on binary options on Redwood Binary Options are 60 seconds, 15 minutes, 30 minutes, 1 hour, 24 hour and 7 days.

Redwood Options account types

Redwood Binary Options only offers a single trading account. However, there is a demo account available for people who want to try out the binary option trading platform first. The minimum required deposit to open a real money account on Redwood Binary Options is $200. Traders can top up their accounts using credit cards, wire transfer, Neteller, Skrill/Moneybookers and CashU. Withdrawals using any method except wire transfer are free, Redwood Binary Options charges a $30 fee each wire transfer. The minimum required withdrawal on Redwood Binary Options is $100.

Redwood Options assets

On Redwood Binary Options traders can buy and sell (call and put) binary options in more than 125 financial instruments. Next to standard or vanilla binary options there are also one touch and pair options available on forex, stocks, commodities and indices.

Redwood Options customer service

The Redwood Binary Options customer service is only available in English. The Redwood Binary Options customer service is available by email, phone, fax and live chat.

Redwood Options pros

– Loads of special binary option trading features like ‘early sell’ ‘roll over’ and ‘double up’
– Bonuses from time to time for loyal customers

Redwood Options cons

– Only available in English

Redwood Options review conclusion

Redwood Binary Options is one of the best binary option brokers for traders on the go. It’s splendid app is one the best binary option apps available, if not the best. As Redwood Binary Options is fully regulated and licensed to take clients from all over the world, including the United States it’s considered one of the better global binary option brokers. With it’s insanely high welcome bonus up to $10,000 on first deposit Redwood Binary Options is considered one of the best binary option brokers to move over to for seasoned binary option traders.

✓ American traders allowed

✓ Insanely high first deposit bonus of 30% – 100% up to $10,000

✓ Many trade features like ‘early sell’, ‘double up’ and ‘roll over’

✓ Reliable and regulated binary option broker by CySEC

✓ No scam history

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Pros

  • American traders allowed
  • Insanely high first deposit bonus of 30% - 100% up to $10,000
  • Many trade features like 'early sell’, 'double up' and 'roll over'
  • Reliable and regulated binary option broker by CySEC
  • No scam history

Cons

  • Only available in English

Reviews

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Decleration:
I hereby declare this review to based on my own experience trading with this broker and I did not reseve compensation in any way submitting this review

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