TopOption is a Binary Option Broker owned by Safecap Investments Ltd. Located at Treppides Tower, 6th Floor Kafkasou 9, Aglantzia P.O.Box 26522 CY2112, Nicosia, Cyprus. They are owned the same company as Markets.com a regulated Forex dealer. Their phone number in the UK is: +44 80 0170 0124 and in Australia +61 18 0026 0171.
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Top Option Does Not Allow Traders From The United States and Canada. Read about Top Rated Brokers here.
TopOption offers 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.
They use the powerful Keystone trading platform. There are 180 assets to trade, including some of the most popular stocks, commodities, indices and currency pairs.
Returns on the EUR/USD is 85%.
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 Pairs.
They have binary options on unique assets that many brokers do not offer, including Brent Oil, Israeli Shekel, Turkish Lira, US Treasury Bonds, and more.
TopOption License & Regulations
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?
TopOption meets all criteria for being a legitimate binary options broker. TopOption is one of the largest and most popular binary options broker worldwide.
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.
Binary option traders have a few other licensed brokers they can trade with.
Watch this video of TopOption