The Broker OptionTime is Out of Business!
OptionTime was a regulated & licensed binary option broker that opened in January of 2014. OptionTime is located at Safecap Investments, Treppides Tower, 6th Floor Kafkasou 9, Aglantzia P.O.Box 26522 CY2112, Nicosia, Cyprus. They can be reached at: +44 203 695 1922 in England, and +27 11 568 2420 in Johannesburg, South Africa. Their email address is: [email protected].
OptionTime Does Not Allow Traders From The United States & Canada. Find The Best Broker Here.
OptionTime Platform Review
OptionTime is the first broker to use the Keystone Trading Platform. The trading platform was built by Safecap to be an improvement on the popular SpotOption platform that most brokers use. The major advantage that the Keystone platform has over the other platforms is over 30 technical indicators to overlay on the charts. The min trade size is $10, and the returns offered are quite high. 85% returns on the $EUR/USD binary options. Bitcoin Options – OptionTime is unique that they offer hourly options for trading on bitcoin. After the recent volatility in bitcoin prices, many brokers switched to only monthly bitcoin binary options. The hourly options for bitcoin close 20 minutes before the hour. Minimum trade size for bitcoin options is $5.
OptionTime offers a very low minimum deposit for a regulated binary options broker, only $200.
OptionTime License
When reviewing a broker to determine if they are legit or a scam broker is very simple. Did a regulator body like CySEC in Cyprus give them a license, and do they fall under the MIFId regulatory rules in Europe? OptionTime is licensed by the Cyprus Securities Exchange Commission (CySEC) under license no. 092/08.
OptionTime is a legitimate binary option broker, owned by the same company that owns the famous binary options broker TopOption and Markets.com a regulated Forex dealer. The parent company of OptionTime, which is Safecap Investments Ltd. is registered with regulatory authorities in the United Kingdom, France, Italy, Spain, Netherlands, Germany, Sweden, Denmark, Hungary, Slovakia, Czech Republic and the FSB in South Africa.
When choosing a binary option broker it is important to check the list of regulated binary options brokers to see if the broker you would like to open an account with, is regulated by a government regulatory agency.
