Magnum Options is a superior binary options trading platform. This ace-category platform was founded way back in 2013 and is owned by Redtulips Consultants. This binary broker offers about 150 different types of assets that include indices, Forex Pairs, Commodities and stock. The platform offers a payout of about 85 percent, and you can get a return of 10 percent for all the trades that end up out of the money.
The interesting part of this platform is that it is a web-based platform, and this means that you do not need to get into the hassle of any downloads. Magnum options offer trade types that include classic binary options, One Touch options, Option Builder, Option pro and 60 seconds. Apart from this you can get exclusive perks through Magnum options like lavish bonuses.
Basic Features of Magnum Options Broker
The following are some basic details about the platform.
|Credit Card,wire transfer
|Up to 100% (See below)
Magnum Options –Receive up to 100 percent Welcome Bonus on Deposit
The bonus and perks offered by Magnum Options differ as per the account type.
- Magnum Options Mini account: When you are signing up for the mini account you would have to make a deposit of about $200. This is the basic package, and you would get a great selection of learning tools, daily market reviews and webinars through this account.
- Magnum Options Standard account: The standard account requires you to make a deposit of more than $1000. A welcome bonus of about 20 percent is offered with the standard account along with the perks that are offered to mini account holders. You can get four risk-free trades alternative for the welcome bonus, assistance from personal account manager and a platform walkthrough with this account.
- Magnum Options Executive account: A minimum deposit of about $2500 is required to open up an executive account. A bonus of about 30 percent is available for executive account holders along with specialized trading lessons, six risk-free trades alternative for the welcome bonus, trading strategies, and advanced learning tools.
- Magnum Options Gold account: A deposit of about $5000 is required to open up a gold account. A bonus offer of 50 percent welcome bonus is available for Gold account holders. Trading signals, assistance from a senior account manager and same day withdrawals are some of the exclusive facilities of this account.
- Magnum Option Platinum account: This account requires a deposit of about $10,000 and you can get 100 percent welcome bonus or ten risk free trades along with exclusive perks like advanced trading lessons and unlimited trading strategies, etc.
Magnum Options Limited Investment- Reward and Bonus Policy
When you want to withdraw your bonus, you need to trade 30 times the value of your initial bonus. If there is cash back arbitrage or fraudulent activity based on bonus provision then in this case the account will be nullified.