7.4/10
  • ZoneOptions

  • Bonus: Up to 40%
  • Options Payout: 70-85%
  • Rating: 7.4 / 10
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Broker Name: ZoneOptions
Platform: Tech
Founded: 2011
Bonus: Up to 40%
Return/Refund: 70-85%/0-15%
No. Of Assets: 70
Regulated:   CySec, FCA
Demo Account: Yes
Minimum Deposit: 200
US Traders:   Not Accepted

ZoneOptions Review

by Martin Kay

Editor’s Note- Why ZoneOptions DOESN’T Suck in 50 Words

One of the first things I noticed and the main strength of ZoneOptions is the way the website is structured. All the information is easily available, grouped well and transparent. You don’t have to look a long time for basic stuff like the name of the company who owns ZoneOptions.com or the education material. The look of the website is fresh and it’s a great to see brokers who try to move a step ahead of the pack. Regulated.

 

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Why does ZoneOptions Suck?

Nowadays we see more and more brokers who offer daily and/or weekly market analysis and ZoneOptions is one of them. What sucks about it though is the fact that when I clicked on the “Daily analysis” section at the bottom of the page, I was directed to the trading platform, without seeing any market analysis. On a more thorough search, I managed to find it: it’s in the “About” tab at the top of the page. Bit too complicated there.

 

 

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ZoneOptions Full Review – Trading in the Profit Zone

ZoneOptions.com was established in 2012 and is owned by Rodeler Limited, a Cyprus based firm. The trading platform is provided by Tech – Financial and requires no software download. Of course, this adds to user friendliness and allows the trader to access his/her account from any computer with an Internet connection, not only from the computer where the software is installed. The platform itself is intuitive enough and offers tools like Roll Over or Early Closure, helping the trader to manage risk better and offering some flexibility when trading. A huge step forward is represented by their “High Yield” options: these are options that can bring potential profits of up to 360% by making the same yes/no investment decisions. A great addition for aggressive traders!

 

Like I mentioned earlier, the website is well structured and offers almost all the available information in the “About” section. The education material found there is easy to understand and provides a new trader with all the basic knowledge needed to enter the world of Binary Trading. Of course, you will not become an expert just by reading the educational material offered by ZoneOptions but it is certainly a strong foundation. An e-book is also available for download, free of charge of course.

 

The trading platform is easy to use and it has enough features, but a drawback can be considered the fact that you cannot see more than one chart at a time. So the trader cannot keep an eye on several assets and take a trade on the one which he/she considers to have the highest probability of success. Instead the trader has to click on a new asset in order for another chart to load. Although this limits the user somewhat, the good thing is that charts load extremely fast and the transition between assets is smooth. The information needed for trading is also easily accessible and you can also get recent news about the traded asset if you click on the Info button located on the upper right corner of the chart.

 

Overall we are dealing with a new company, trying to adapt to the new trends and offering traders a proper trading environment, although there is still room for improvement.

 

 

Is ZoneOptions a Scam?

At the moment no clues point toward a possible scam. Quite the contrary, they seem reliable and legit, but they are still young so time will tell if they are one of the good guys or not. A big plus is the fact that although they are new in the industry, they already took the necessary steps for becoming regulated. However, we recommend you to read their Terms and Conditions thoroughly before investing with them. Of course, this recommendation is valid for absolutely all brokers.

 

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Zone Options Complaints

They are established in 2012 so at the moment we couldn’t find any complaints although we searched the most respected and reliable websites and forums. If they continue the good job they are doing at the moment, I believe complaints will not appear, other than the usual ones coming from the competition or unsuccessful traders.

 

Zone Options Bonus

Their promotions are really versatile and there’s always a special offer available. At the moment the “Double your profits” promotion is active: if you make 10 trades of equal value, they will double the winnings on each successful trade. Of course, some conditions apply, but if you ask me, that’s how a real promotion should look like. Other goodies include the First Trade Risk Free and if you take advantage of this promotion, you will receive your investment back on the first trade you place with them (in case that trade expires Out of the Money). Again, special conditions apply and they will not cover the cost of an eventual loss if the trade amount exceeds a certain amount. Their first deposit bonus can go as high as 40% and the wager is 20 times the bonus amount; those are average values, compared to other brokers, but I would rather go for an average bonus than a huge one because a big bonus ties my money to the platform.

 

Zone Options Withdrawal   

Withdrawals can be only sent back by ZoneOptions to the source the money first came from. So if you deposited via Credit Card, you will have to withdraw back to the same Card. Any amounts exceeding the amount deposited by card will be withdrawn by wire transfer. The customer will have to pay a fee to cover for the bank transfer costs. There is no maximum or minimum withdrawal amount and the processing time is 4-5 business days according to ZoneOptions.

 

 

Zone Options Extra

They have a feature which I believe should be implemented on more platforms: Top 5 Trades. It’s very simple, and it does just what the name implies: it shows the most recent top 5 trades but it displays them along with the name of the trader and the realized profit on the home page. I think most traders would like to see their names there. High Yield options are innovative and we consider them an Extra feature.

 

 

ZoneOptions Ratings

 

User Friendly 17/20

The Tech-Financial platform is intuitive and definitely easy to use. It incorporates a lot of features, but this doesn’t make it less friendly to a new user. On the other hand, an experienced trader will be pleased with the variety and flexibility of the platform. The website is well structured and searching for specific information doesn’t turn into a burden. The fact that they offer the site in 10 languages definitely adds to user friendliness.

 

Number of assets and expiry times 14/20

ZoneOptions allows trading Binary Options on more than 70 assets, with expiry times ranging from 60 seconds to 30 days. The option types include High/Low, Touch/No Touch, Boundary and Short Term (60 seconds, 2 minutes and 5 minutes expiry times).

 

Commissions, Support and Effective return 16/20

No commissions are required for opening an account but bank cost fees will be paid by the customer upon withdrawal. Their Support is quick to answer, polite and helpful. The effective return goes up to 85% or even as high as 360% if you use High Yield options.

 

Deposit, Payment and Bonus 15/20

Deposits can be made via Credit Card and Debit Card, Wire Transfer, Moneybookers, Liberty Reverse, Western Union, CashU or Neteller. The minimum deposit is 200 USD/EUR/GBP and there is no minimum withdrawal amount. However, payments made by ZoneOptions must be sent to the original source: if you deposited through a certain method, you will have to withdraw using the same method. Any amount exceeding the deposited sum must be withdrawn via bank wire. The refund on OTM trades goes up to 15% and the first deposit Bonus goes up to 40% with a wager of 20. They have monthly promotions and special offers.

 

Website Extras 10/20

The “Top 5 Trades” feature ads some incentive for traders who need bragging rights, but the High Yield options are really the cherry on the cake.

 

 

ZoneOptions Rating: 71/100 + Regulated (+3) = 74/100

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