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BMBOption Review

This Broker has been closed down, you can see a full list of out of business brokers here. To see a full list of all broker ratings, click here.

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 Our Rating

 

Min. Deposit:$250
Demo:Yes
Payout:89%
Platform:SpotOption

Up to 100% Bonus

 

The Basics

Benedict Morris Binary Options are a company focused on the success of their traders. The marketing approach of the operation is simple: give traders all the tools and information they could possibly need to become profitable trading binary options and try to make as many of them successful as possible. Enjoying a stellar reputation and a great record as far as trader success is concerned, bmboption are indeed the top destination for all those looking for consistent binary option profits.  

BMBOption Screenshot

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BMBOption Information 

BMBOption offer their new players a 100% match on their first deposits to get the trading going. What that means is that if a trader makes the minimum required deposit of $250, he/she will have $500 to trade with. The minimum trade amount has been set to $5.

The bmboption trading platform is one of the best in the industry. The interface is not only very user friendly and easy-to-understand, it is also very fast, an extremely useful feature indeed when it comes to trading 60-second options for instance. Some of the trading tools made available by the operator can be put to use directly from the trading interface.

Besides the regular Call/Put options, Benedict Morris have made it possible for their traders to invest in a number of other – potentially more interesting – ways, which allow certain trading strategies to be better applied. Ladder trades for instance allow for better risk-management, while long-term binary options are a great fit for those who like to allow their trading system to truly work they way it’s supposed to. There is also Pairs Trading and One Touch trading, two alternative ways for which there are some highly efficient technical analysis-rooted strategies available out there. Asset-behavior can also be analyzed and predicted through the use of the calculator available at the site, which combines the power of the Relative Strength Index, with that of the Bollinger Bands and the Moving Average. One of the best features of the Benedict Morris platform is that the whole above-described setup is available for mobile platforms as well, so trading can be done on the move too.

BMBOption accept quite a few deposit methods, methods which can be used for withdrawing funds from the site too: besides VISA, MasterCard and Maestro, traders can use Diners Club International, American Express as well as the old Wire Transfer to fund their accounts/withdraw.

The BMBOption support staff is knowledgeable and fast to respond. Support can be reached through a number of department-specific email addresses, through a general email form or through a toll-free phone number.

Conclusion

Given the sign-up perks offered and the fact that the minimum deposit/bonus has been configured to give traders as good a chance to stay in the game as possible, bmboption are definitely worth checking out. Unlike some of the other binary option brokers out there however, this company does indeed seem bent on taking care of its traders far above and beyond registration/actual trading. They offer a comprehensive section of video courses which covers all the aspects  of successful trading from the beginnings all the way to advanced strategies, and that is only the tip of the educational iceberg at the site. The bottom line: everything thrown into the balance, Benedict Morris may just be the best destination for profit-focused beginners as well as advanced traders.

 

Platform:English , German
Customer Service:English

 

 

1 Star2 Stars3 Stars4 Stars5 Stars (29 votes, average: 2.66 out of 5)
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