Tag Archives: OptionBit

OptionBit Review: An Insider’s Strange Review of The OptionBit Platform

OptionBit Review

OptionBit provides traders with a unique and flexible trading experience designed to provide maximum results in a short amount of time. The OptionBit trading platform is simple enough for users without previous trading experience, but robust enough to meet the demands of more seasoned professionals. OptionBit traders can earn up to 400% on their investment.

OptionBit Review: Fast Withdrawals

I was pleasantly surprised with the fast withdrawal times at OptionBit. My winnings were sent quickly and without hassle. Making the withdrawal request was quick and convenient. However, the most impressive part of the entire account funds management portion of my “OptionBit” experience was absolutely the amount of payment options available. As someone who uses multiple credits cards and eWallet services, I was able to easily transfer funds to my trading account from a wide variety of services.

OptionBit Review: Platform Interface

The platform is perhaps the highlight of my trading experience with OptionBit. The easy to use interface helped get my bearings quickly, and allowed me to easily understand how to trade and access all of the different tools and services available. Multiple views, on chart trading and built-in marketing information and analysis were clearly visible and easy to manipulate.

OptionBit Video Review

OptionBit Review

>>> Start now and earn a profit of up to 400% <<<

OptionBit Review: Trading Types

OptionBit offers numerous types of trading, which allowed me to trade how and when I wanted to. I actually became a fan of 60 second trading while using the OptionBit platform. 60 second trading is exactly how it sounds. Open a position that lasts for only 60 seconds and earn a profit of up to 81% on your investment. Easier said than done I know, but the possibility of such a high return in a short amount of time was extremely appealing to me. OptionBit also features an auto trading service, allowing you to open multiple trades in order to capitalize on market trends. In short, when using the platform I always felt in control and in charge of my own destiny.

OptionBit Review: Conclusion

Whether you are a rookie or an expert, OptionBit has something to offer. When I first joined, I had little online trading experience and only a rudimentary level of financial understanding. However, OptionBit’s service was easy enough to understand that I quickly started making trades and even increased my profits. I won’t fool you into thinking that there is no work involved, but with some effort and a little patience, you could significantly increase your income. I encourage everyone to at least give them a try.       

Start now and earn a profit of up to 400%!


OptionBit Review: An Updated & Comprehensive OptionBit Review

OptionBit Review: It has been a little over a year since we reviewed OptionBit so we decided to update the binary options community with the latest from the OptionBit binary options trading platform. Check out the 4 Reasons We Continue To Love OptionBit in our exclusive “OptionBit Review”:

optionbit review

OptionBit Review – The Lowest Cost Platform…Still:

One of the main reasons we started trading with OptionBit several years ago was the ability to place reasonably small trades to start. With a minimum trade amount of only $10, OptionBit remains, one of, if not the lowest cost binary options trading platform on the market. This is a great way for traders to dip their toe in the binary trading game without risking a substantial amount of money. Demo accounts work fine when testing new strategies, and OptionBit does offer demo accounts for its traders, but no amount of demo trading can prepare you for the emotional swings traders feel when real money is on the line. That’s why having a low minimum trade amount is key to binary options trading success.

OptionBit Review – Extend & Close:

OptionBit allows traders to alter current trade characteristics through its Extend and Close functionality. The OptionBit Extend function gives binary traders the chance to move the expiration of an existing trade out to the next available expiration. This works well when you are in a trade that is heading in the right direction but you feel like you’ll need a few more minutes for the asset to completely breakthrough the target. The OptionBit Extend function is a great risk management tool that is not found on mot leading binary platforms.

The OptionBit Close function works in a similar fashion to the Extend function in that it allows traders to alter current trades prior to expiration. The Close function works just how it sounds. Say you want to close a winning trade prior to expiration because you feel that the risk of the asset finishing out of the money is rising. Simply select the Close button and you can pocket profits (minus a variable Close fee).

OptionBit Review – Touch Trading:

Touch trading, along with High/Low trading, has been available on the OptionBit platform since inception, but the company has made a few improvements to its Touch offering that you may not be aware of. Firstly, the OptionBit Touch Trading functionality has now been extended across all assets. Simply select the Touch Tab and decide whether you think the specified asset will Touch the upper target or lower target anytime prior to expiration. Secondly, OptionBit has increased the returns on Touch Options to yield anywhere up to 91% per hour, some of the highest returns on the market. Lastly, OptionBit offers Weekly Touch Trading on the weekend with returns up to 400%.

OptionBit Review – Range Options:

OptionBit is one of the few binary options trading platforms to offer Range Options. For those that don’t know, Range Options are binary options in which traders are presented an hourly range for a given asset and asked to select whether he/she believes the asset will expire within the range or outside of the range upon expiration.

OptionBit won our Platform of the Year Award for 2010 primarily due to its user-friendliness, helpful customer service, and overall excellent trading experience. OptionBit has continued to improve throughout 2011 and remains one of our recommended platforms for anyone interested in trading binary options.

You can test drive OptionBit by clicking on the link below. New depositing customers of OptionBit can receive a free copy of the Binary Options Blueprint, a free version of The Lazy Day Trader’s Binary Options Trading System along with over $1,000 worth of trading courses and systems highlighted in the Bonus of the Day box in the right hand column of the site. Simply click on any of the links in this OptionBit review, sign-up for the platform, deposit the minimum amount, and forward your confirmation to the email address on our Contact Page at the top of the screen. Your binary options bonus package will be emailed to you upon receipt.

The New OptionBit Review Trading Platform & Bonus

OptionBit Review

Important OptionBit Review Update!!!

Major changes happening over at OptionBit so I just wanted to fill you in, starting today…

  • Brand news assets added: Silver, Copper and DAX (German Stock Exchange), each offering a return of 75%.
  • 81% maximum payout has increased to 91% for Touch Trading in-the-money results.
  • Extended trading hours of several assets.
  • 24 hour trading access on major assets like EUR/USD and USD/JPY.
  • The hugely popular “Touch” trading is now accessible for all assets.
  • Weekly trading options for GBP/USD, EUR/USD and USD/JPY

And don’t forget new depositing customers can still receive over $1200 in trading bonuses when registering for OptionBit through the link below:

OptionBit Review Bonus: Over $1200 in Trading Systems, Courses and Apps!

The Ultimate Binary Options Trading Bonus

We are hooking you up! For a limited time we are providing trading bonuses to all new customers of Anyoption and OptionBit who deposit $100 with either platform through the links below:

Anyoption Bonus Offer

OptionBit Bonus Offer

This Ultimate Binary Options Trading Bonus includes: a free copy of The Binary Options Blueprint, a 40+ page guide to Forex Trading, and a copy of the Amazon Best-Selling Trading Book, The Complete Guide To Day Trading. Over $100 worth of valuable, action-oriented training all for simply depositing $100 in a new Anyoption or OptionBit account.

There is absolutely no downside here: the $100 you deposit is for trading purposes so you could turn that $100 investment into a much greater amount with proper trading techniques, some of which are highlighted in the trading bonus material. And even if you lost the $100 trading, you’re getting over $100 worth of valuable trading training materials, so either way you end up ahead.

To collect your binary options trading bonus simply open a new account with Anyoption or OptionBit through the links below, deposit at least $100, and shoot a copy of your confirmation email to trader@derivstrategies.com. Take advantage of this limited time offer, we may be shutting this one down soon.

Anyoption Bonus Offer

OptionBit Bonus Offer

Trading Bonus

The 5-Minute Trader: Binary Options Trading Strategy

Modified Striker9 Strategy + Anyoption

A few months ago we conducted a real time review of the Striker9 binary options trading system (see the Striker9 Review post) and generated some nice hourly returns, managing a 77% winning percentage. I was disciplined in sticking to the system during the testing phase but couldn’t help but wonder if a small change in methodology could increase my profitability even further…and thus spawned the 5-Minute Trader.

Without giving too much away about the Striker9 system, the methodology suggests (at least in the light version) placing trades in a 30-minute window before expiration. My first couple losses using theStriker9 system occurred when I anxiously placed trades early in that 30-minute window and watched helplessly as the stock moved against me with ample time remaining. This frustrated me, but the overall results still pointed to the system working so I really couldn’t complain too much.

Following the review I did make a few changes that have cutback on the number of losing trades and subsequently increased my profitability. The first change was utilizing a binary options platform with a super short lock-out period. I initially switched to Optionbit but have since moved on to Anyoption, mainly due to the shear number of options available to trade on its platform and the iPhone app which is excellent.  Both have a 5-minute lock-out period which is essential.

The other, and more important, change I made was to only make trades that the Striker9 system signaled within the last 10 minutes of expiration, the closer to the 5-minute lock-out period the better! While this strategy led to more no trade days (using Striker9 Light), my number of losses diminished and my profitability increased.

Options expiration, as highlighted in our free binary options trading course, provides a great opportunity to trade binary options with high probability winning percentages. Take the next to try out the modified 5-Minute Trader Striker9 methodology during this coming week and let us know what you think.


Binary Options Trading Platforms…Who You Got?

The Best of Binary Options 2010 Awards

Best of Binary Options 2010

With 2010 quickly nearing an end, we decided to take time out to reflect on the year and compose our “Best of Binary Options” awards for 2010. Feel free to leave your thoughts and commentary in the comment section below. So with out further adieu here are your winners:

Best Binary Options Platform – OptionBit

OptionBit takes the crown for the year narrowly edging out Anyoption. As the year progressed and the various binary options systems launched it became apparent that the best binary options platform would be the one that worked best with the different systems. Maintaining industry low 5-minute lock-out periods, both OptionBit and Anyoption qualified as solid options (no pun intended) to use in conjunction with the binary options systems. However, the slight edge goes to OptionBit on the strength of customer service and higher deposit bonuses.

Best Binary Options Trading System – Striker9

No surprise here, the Striker9 binary options system takes first place. It’s rare that you see a trading system garner significant praise from the trading community. I had my doubts when I first started the Striker9 Review but I was determined to give it a fair shake. Don’t get me wrong I wanted to stray from the system several times during the review and trade based on my knowledge and experience but I resisted the temptation and stuck with it to the end. Three major complaints have surfaced from reading all the comments below the Striker9 Review, the lackluster customer service, the subpar video presentation, and the number of No Trade days the Light version recommends. However, the successes most binary traders are seeing by using the system clearly outweigh these minor inconveniences. So with that being said the Striker9 binary options trading system finishes 2010 in first place. Runner-up goes to the Forex Kraken system which has seen significant momentum since its launch a couple months ago.

Best Binary Options Innovation – Anyoption’s OPTION+

Throughout the year we’ve seen several new innovations coming out of the binary options industry including weekend trading and barrier options; but the innovation that seems to have generated the greatest interest is Anyoption’s OPTION+ functionality which allows traders to sell out of their position prior to expiry. This innovation has changed the game literally as most literature and trading guides on the market don’t take into consideration the ability to sell out of your position.

Best Binary Options Charting Software – FreeStockCharts.com

While there are several subscription based charting software providers out there that provide greater functionality and additional resources (i.e.MarketClub and eSignal), FreeStockCharts.com gives binary options traders just enough to get the job done and its FREE.

Best Binary Options Bonus Promotion – StartOptions

StartOptions has been consistent in offering readers of The Binary Options Weekly, 40% bonuses on deposits of $500. However there were a few times throughout the year when StartOptions offered current registrants 100% bonuses on new deposits. These don’t happen often but when they do it’s probably a good idea to take advantage of them. To qualify and receive the ongoing offers simply complete a free registration form with StartOptions.

Free iPod For New OptionBit Customers!

Starting today Tuesday, October 26th and ending on Halloween, Sunday October 31st, NEW depositing customers to the OptionBit binary options trading platform can receive a Free iPod Shuffle courtesy of The Binary Options Weekly. To receive your free iPod Shuffle follow the highlighted steps below:

Step 1: Press the ‘Like’ button on this post at the bottom.

Step 2: Register a new account with OptionBit by clicking on the link below:

OptionBit Registration: Free iPod Giveaway

Step 3: Deposit a minimum of $100 to open your account.

Step 4: Send your shipping address details to Trader@derivstrategies.com to receive your free iPod.

It’s as simple as that. So if you’ve been on the fence about whether or not to start trading binary options, this is an incentive for you to start today. Enjoy the iPod yourself or give it to your favorite relative as a Halloween gift.

To stay current on promotions, news, and all other items of interest in binary options land, please join our Facebook community by clicking on the link below:

Binary Options Trading Facebook Page

OptionBit Review: Is OptionBit Really the Best Binary Options Trading Platform?

Get Your Binary Options Trading Course Here — A $99 Value Absolutely FREE

If it’s not the best it definitely offers the best value amongst the leading binary options trading platforms. We’ve been using OptionBit almost exclusively since mid-way through our Striker9 Review and have been pleasantly surprised by the ease of use, advanced functionality, and low cost. Here are the 5 main reasons we believe OptionBit may be the best binary options trading platform around.

OptionBit Review: 5 Reasons We Love OptionBit

5 Minute Lock Out Period: For most profitable binary options trading strategies, Striker9 included, the lock out period is absolutely critical. OptionBit offers the shortest lock out period, 5 minutes, which means you won’t have to sit and watch helplessly for 15 minutes as a binary options position moves against you. This reason alone makes OptionBit worth the investment.

Lowest Cost Platform: You can make trades as low as $10, clearly the lowest trade amount amongst the leading binary options trading platforms.

Touch Options: One of the few binary options trading platforms that offers touch options. In general touch options trading refers to the ability to place a trade on a specific asset as to whether or not the asset ever ‘touches’ a predetermined level at any point over a given time frame.

Weekend Trading: OptionBit allows traders to place a trade on Friday with expiration not occurring until Monday’s close. The weekend options are touch style, meaning the currency pair need only ‘touch’ the specific level in order to be deemed a winner.  Winning trades return 400%!

Generous Deposit Bonuses: OptionBit is offering readers of the Binary Options Weekly an exclusive deal for new OptionBit customers. Register for OptionBit through the button below and receive a 10% bonus on deposits of $250-$999 and 20% bonus on deposits of $1,000 or more.

US Traders Welcomed!

New depositing customers of OptionBit can receive a free copy of the Binary Options Blueprint, a free version of The Lazy Day Trader’s Binary Options Trading System along with over $1,000 worth of trading courses and systems highlighted in the Bonus of the Day box in the right hand column of the site. Simply click on any of the OptionBit links in this review, sign-up for the platform, deposit the minimum amount, and forward your confirmation to the email address on our Contact Page at the top of the screen. Your binary options bonus package will be emailed to you upon receipt.

Click Here To Visit The All New OptionBit Binary Options Trading Platform

OptionBit Review

OptionBit Announces Weekend Trading — 400% Returns

OptionBit, the leading low cost binary options trading platform, recently launched weekend trading, offering traders a chance to play news items that tend to dictate the level of volatility on Mondays. OptionBit currently allows forex traders to place a trade on Friday with expiration not occurring until Monday’s close. The weekend options are touch style, meaning the currency pair need only ‘touch’ the specific level in order to be deemed a winner. The return for a winning trade is 400%. For more information on weekend trading at OptionBit simply click on the banner below: