Bloombex Options Review

Bloombex Options
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Overview

It is no longer advisable to open an account  at Bloombex Options  as they got a warning from ASIC, the French AFM and The Ontario Securities commission. You can read… more

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Details

Broker Bloombex Options
Website URL www.bloombex-options.com
Founded 2010
Headquarters Germany
Support Number phone: +44 2035191191 fax: + 44 20 8181 6866
Support Types live chat, phone, fax, email: [email protected]
Languages English , Italian , German , Russian , French , Turkish , Dutch , Arabic
Trading Platform SpotOption
Minimum 1st Deposit $300
Minimum Account Size $300
Minimum Trade Amount $5
Maximum Trade Amount none
Bonus up to 150%
Payout 85%
Free Demo Account Open Demo
Commissions Yes
Commission Info No hidden fees or commissions
Account Types demo account, real account
Deposit Methods Bank Wire Transfer , Credit Card , Credit Card deposit by phone , Debit Card , Moneybookers , PayPal
Withdrawal Methods Bank Wire Transfer , Credit Card , Credit Card deposit by phone , Debit Card , Moneybookers , PayPal
Trading Methods Double Up, Roll Over
Number of Assets 109
Expiry Times from 60 seconds to 365 days
Types of Assets forex pairs, commodities, stocks and indices
Option Types 60 seconds options, classic binary options, One Touch options, Option Builder
Trading Currency major forex pairs and some minor forex pairs
Account Currency euro, dollar, pound
US Traders Allowed No
Mobile Trading Yes
Tablet Trading Yes
Overall Score 1

Full Review

It is no longer advisable to open an account  at Bloombex Options  as they got a warning from ASIC, the French AFM and The Ontario Securities commission. You can read about it here. They used scrupulous sales tactics and sales funnels. From now on it’s on the blacklisted brokers or scam brokers list on Choosebroker.com. Take a look at our top rated binary option broker IQ Option instead.

If you got scammed by them, please follow the process and file a complaint here.

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Bloombex Options company information

Bloombex Options is founded in 2008 and is a binary options broker that offers both web based and mobile trading on binary options. Traders can trade binary options on more than 100 different assets including forex pairs, commodities, stocks and indices with an average payout of 85% on standard options. With the One Touch binary option type payouts can get as high as 500%. These high payout ratios combined with special binary option trading features like Bloombex Challenge make Bloombex Options a new, unique binary options broker.

Bloombex Options trading platform

Bloombex Options runs on the SpotOption binary options trading software and is designed in a user friendly and easy to understand way. It does’t require any financial background or experience to trade options with Bloombex Options, literally everyone can do it, regardless of personal background. The Bloombex Options trading platform is fully customizable which means you can decide which information to show and what you want to go away from your user interface.

Bloombex Options trading methods

There are several trading methods available on Bloombex Options to utilize when binary option trading with them. Double up and Roll Over are two types of binary option trading methods available. With the Double Up feature traders can double the amount invested in a particular binary option whilst it’s expiry time hasn’t been reached yet. With Roll Over binary option traders can extend the expiry time of their trades, thus increasing the chance of successfully gaining a profit.

Bloombex Options types of binary options

On Bloombex Options binary option traders can buy or sell several types of binary options including 60 seconds options, classic binary options and One Touch options. With the Option Builder feature traders can create their own binary options and set their own parameters like expiry time and win conditions. With the BloombexMeta modus binary option traders can tap into binary options and futures inter banking liquidity and trade options like they would trade forex and shares using Meta Trader.

Bloombex Options trading account types

On Bloombex Options there are only two types of trading accounts available: demo account and real money account. With the demo account on can practice binary option trading on the Bloombex Options platform and get to know the platform as well as the basic concepts of binary option trading. Traders that want to trade for real need to make a deposit of at least $300 to get started on Bloombex Options.

Bloombex Options payout percentages

As mentioned above the average payout on classic binary options on Bloombex Options is around 85%. On One Touch binary options payouts can go as high as 500%. On out-of-the-money trades Bloombex Options pays between 0 and 10% rebate in the form of cashback to their traders.

Bloombex Options assets

On Bloombex Options traders can trade options and futures on 109 different assets including popular stocks, forex pairs, commodities and indices.

Bloombex Options customer support

The Bloombex Options customer support is 24/7 available through email, live chat, web contact form and by phone in several languages.

Bloombex Options Reliability

Bloombex Options can be considered a reliable binary option broker as both the website and trading platform are 128 SSL secured and the fact that they have no know scam history.

Bloombex Options deposits and withdrawals

On Bloombex Options traders can deposit and withdraw funds to and from their binary option trading account by wire transfer, using their credit card or Paypal.

Bloombex Options review conclusion

Bloombex Options differs itself from other binary option brokers in a few ways. One of them is the possibility to trade options Meta Trader-a-like with the BloombexMeta feature. The Bloombex Challenge function is a unique way of competing with other binary option traders for the most possible profit. The many binary option types and trading methods available on Bloombex Options are also unmatched by rivaling binary option brokers. Although the minimum deposit requires can be considered medium-high ($200+) and the fact that Bloombex Options doesn’t take American traders make me rate this binary option broker a 7.5/10. This rating could have been higher by accepting USA and Canada based clients and by lowering the minimum deposit required to like $100.

✓ 85% average payout on standard binary options

✓ 0-10% rebate in the form of cashback on out-of-the-money trades

✓ Withdrawal requests processed within 48 hours

✓ Binary option trading features like Double Up and Roll Over available

✓ Compete with other binary option traders with Bloombex Challenge

✓ 109 different assets available including stocks, forex pairs, commodities and indices

 

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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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