PowerOption FAQ – With Regulation Comes Politeness? Guess So!

5 Questions by BOTS.com, PowerOption Live Chat Support Representative Answers


“Alexandra.S: Hi, How can I help you?”



1. What Makes PowerOption Different Than Other Brokers?

“…We are backed up by AvaTrade, we are a reliable, efficient and registered company. We also process withdrawals in 24 hours, which most binary option companies do not have… You will get a personalized account manager too…”



2. What Binary Options Trading Education PowerOption Offers For Newbies?

“… We have an ebook and a section on the website “Resource Centre” which offers other information and videos. We offer personal help from the account manager when the account is set up…”



3. Is there any bonus program for new clients on PowerOption? How big is the bonus wager?

“… Yes we offer special bonuses, depending how much you deposit… You can withdraw when you wish, but in order to receive the bonus you must execute trading volume of 30 times the bonus balance … “



4. What Documents Do I Need To Provide In Order To Withdraw? And How Much Time Will It Take To Receive My Profits?

“… You need to upload the following documents, also in order to receive the bonus: -Government issued ID such as a driving license or passport, utility Bill or Bank Statement confirming your name and address that is no older than 6 months, copy of credit card front and back: front side cover up the 8 middle digits and the back covering up the 3 CVV digits eg: 1111XXXX XXXX1111 … There are no fees for withdrawals …”



5. Can I Open A Demo Account On PowerOption?

“… Yes sure you can!!”



My Overall Impression on PowerOption – Rock Baby!

 We have a new star on the horizon of the Binary Options Industry! It is called PowerOption and it is backed up by a big forex player – AvaTrade. The PowerOption representative was very polite and fast answering. It is really of significant importance the speed and quality of responses. That’s why I appreciate very much the fast and accurate answers. The fast withdrawals within 24 hours, the wide range of deposit and withdrawal methods, including PayPal and the free demo are only few of the many benefits of this new binary options broker. The broker benefits from the regulations of his mother company, which make it among the safest binary brokers. My final evaluation of the chat is very good. The future of this broker is very promising and the BOTS team takes all these considerations into account when selected it for the list of the recommended brokers.


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