TopOption is a Binary Option Broker owned by Safecap Investments Ltd. They are a financial services company authorized and regulated by the Cyprus Securities Exchange Commission (CySEC) under license no. 092/08.
TopOption is located at Treppides Tower, 6th Floor Kafkasou 9, Aglantzia P.O.Box 26522 CY2112, Nicosia, Cyprus. TopOption is a legitimate binary option broker. TopOption is not a scam broker. They are affiliated with Markets.com a regulated Forex dealer.
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Top Option Does Not Allow Traders From The United States and Canada. Consider using Boss Capital.
TopOption just started offering free trading signals via email. The signals are generated from a third party provider and the service is available for traders who open their accounts with an initial deposit of over $500, see here.
TopOption’s minimum deposit for new trading accounts is only $100.
Is TopOption a safe broker? Here is a direct quote from their website:
In full accordance with EU Law, client funds are segregated from those of the company and monitored on a daily basis to ensure that full separation is maintained at all times. Moreover, client insurance of up to €20,000 per client is covered by the Investor Compensation Fund for Customers of Cypriot Investment Firms.
What we look for in binary option brokers to determine if they are a legit broker or a scam broker is very simple. Did a regulator body like CySEC in Cyprus give them a license or do they fall under the MIFId regulatory rules in the European Union (EU)? Does the CIPF, IIROC, CDCC in Canada or the Australian Securities and Investments Commission in Australia or the Finanstilsynet (The Danish FSA) include them in their list?
In December 2013 we learned that Top Option’s parent company Safecap Investments Ltd. received a license from the Australian Securities and Investments Commission, making TopOption one of the first ASIC Regulated Binary Option Brokers! See Here for full details of Top Option’s regulatory oversight.
TopOption meets all criteria for being a legitimate binary options broker.
TopOption is by far the most popular and one of the largest, if not the largest binary options broker worldwide.
TopOption’s products include the Classic Option, 60 Second Options, One Touch Binary Options, Option Builder, and Pro Option. They offer tools such as Roll Over, Double Up, Sell Option, History Graph, Trade Confirmation and Stock Pair, TopOption clients can really customize their trading experience. There are 180 assets to trade, including some of the most popular stocks, commodities, indices and currency pairs.
Watch this video of TopOption