Although only established in 2013, YesOption, the first to offer both Forex and Binary Options from the same account, has become the fastest growing online trading platform of 2014, picking up some prestigious awards for its education, analysis and overall service. Founded by a team of experienced traders, YesOption stands out from its competitors due to the number of tools, education packages and features, all aimed at ensuring trading success.

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Trading Platform

YesOption uses the superior Techfinancials trading platform, which as well as being clear and easy to navigate, offers a vibrant and feature-laden trading experience. Clients benefit from having advanced charting tools, financial news feeds and on a no download-required web based platform that has full functionality on all mobile and table, ensuring YesOption clients never miss a profit opportunity no matter where they are.

Types of Trades

By having Forex and Binary Options together from the same platform/account, clients of YesOption  can profit in all market conditions from as little as 60 seconds to a month.  Traders can profit via High/Low, In/Out, Touch/No Touch with Short Term Options (1, 2 and 5 minute), High Yield Options – up to 310% Return and traditional Forex with Leverage of up to 100:1. Overall, trading at YesOption offers more opportunities to profit than on most other platforms and the variety of choice ensures traders can profit no matter the market conditions.

Duration

Due to the unique offering of Forex and Binary Options together, trades can be placed with unlimited expiry times (Forex) and with option expiry times from as little as one minute to a month (binary Options). There are a wealth of profit opportunities that YesOption provides each with different timescales, making sure traders with different strategies and skills bases are all catered for.

Minimum and Maximum Trade Amounts

Trading at YesOption is appealing to investors of every type – from the complete novice to the experienced professional and this is reflected in the trading amounts. The minimum amount available to invest in a single trade is $25, whilst the maximum amount allowable to invest in a single trade is $2500. The even spread in minimums and maximums means that risk is managed, but the potential for big returns is always there.

YesOption Screenshot

YesOption Trading Platform

Assets at YesOption

One of the areas that YesOption excels in is in the amount of assets available to trade. Over 125 tradable assets spread amongst Stocks, Commodities, Currencies and Indices, create plenty of diversity, choice and profit opportunities. As well as all the expected assets, YesOption offers the newer and more exotic tradable assets, including BTC/USD, Facebook and Twitter.

Payouts

Another area that helps stand YesOption head and shoulders above its competitors is the return percentages on offer. Trades finishing ‘in-the-money’ can generate profits between 70-89%, whilst limited High Yield assets can provide returns up to 310%. The payouts are very important. It can be the case that someone trading the same asset, eg EUR/USD can make a return of 85% at YesOption but only 73% somewhere else. Maximizing your returns is essential if you are going to optimize your earning potential so using a platform like YesOption which offers some of the highest returns, can make a huge difference on the final profit or loss.

As well as the high returns offered for trades finishing ‘in-the-money’, YesOption offers a refund of between 0 -15% for trades finishing ‘out-of-the-money’. This aids money management, reduces risk and enables traders of every level to limit any potential losses.

Deposits and Withdrawals

YesOption has a minimum deposit amount of $250 which is very much in-line what other brokers offer, whilst deposits can be made via all the usual credit/debit card options, wire transfers and e-wallets such as Skrill (formerly moneybookers). Another feather in the cap of YesOption and adding to its global mass appeal is the ability to make deposits and withdrawals via the popular PayPal. The range of fast and cheap payment methods, coupled with an unusually quick withdrawal process – (withdrawals only take 2/3 working days as opposed to the industry standard 4/5 working days) make YesOption a simple and uncomplicated platform to trade on.

Education

The education offered by YesOption is one of the finest that can be found anywhere in an online trading platform. Real care and attention has been taken by the team at YesOption to offer a fully comprehensive education academy suitable for every type of trader, which includes a large library of videos, award winning technical analysis and interactive e-books designed to bring out the best in every trader.

Customer Support

Despite being a relatively new platform, YesOption has established a reputation for excellent customer service, with professional and friendly support available 24/5 via Live Chat, email and telephone with 6 offices situation around the world, offering quality ‘local’ support in English, Arabic, German and Russian

YesOption Bonuses and Promotions

YesOption really knows how to look after its clients from the very first day of deposits onwards. Welcome bonuses are available up to 100%, whilst a number of promotions are always on offer including free iPads, Risk-Free trades, bonuses, free trading signals and free one-to-one coaching with senior analysts. All-in-all YesOption provides great promotions that do not stop at making a deposit. Clients get access to a range of exciting and lucrative promotions, which goes a long way to explain its loyal customer base.

Bottom Line

From the moment you enter the YesOption website, you know that this is a broker, which is different to everyone else. The platform itself is warm, vibrant and easy to navigate, but it is the overall trading package on offer and the excellent trading conditions that makes YesOption the preferred choice for traders of every type from all around the world.

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Overall Rating
Reviewed by: McBinary.com
YESOPTION
★★★☆☆  (3 / 5)