Home / Brokers Reviews / OptionBit Binary Broker Review

OptionBit Binary Broker Review


Binary Options Broker OptionBit appeared in 2010. It offers its customers fairly good conditions and underlying assets. One of the significant benefits is that this platform is fully adjustable. It is managed by NovoxCapital Ltd. an investment company, which is regulated by the Securities and Exchange Commission of Cyprus CySEC.

What gives the trader regulation? The fact that such a license ensures the security of collaboration with broker. A trader won’t have to worry, that his investment would be in danger in the business process.

CySEC, like any other controller on the EU territory, is subject to the general MiFID directive. Any account of any trader is insured for a certain amount in the case of broker’s bankruptcy, so do not worry about your investments. In addition, the presence of a license requires the broker to conduct your work honestly and clearly, without fraud against customers. The controller provides for fines in the case of non-fulfillment of broker obligations.

It is worth noting that Optionbit com won the award “Broker with the best reputation” of the well-known financial magazine FX Empire in 2012.

Novox Capital Ltd.
Nicosia 1010, Cyprus
Tel.: +35722022601
 Broker OptionBit
 Founded  2010
 Regulated Lycense CySec NO 224/14
 SupportTypes support
 Languages English, German, French, Japanese, Spanish, Italian, Portuguese, Swedish,  Arabic, Russian
 Trading Platform TradoLogic
 Minimum 1st Deposit $200
 Minimum Trade Amount $10
 Payout 81%*
 Number of Assets 108
 Expiry Times 60 Secs, 15 Min, 24 Hours, 60 Min, 30 Min, & more
 Option Types Digital, Range, Touch, One Touch, 60 секунд
 Out the money  20%
 Account Currency EUR, GBP, USD
 Free Demo Account yes
 Mobile Platform yes
 Analytics yes
 Us Trades Allowed no

*Amount to be credited to account in case of successful trade.

General Risk Warning: The financial products offered by the company carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.

Optionbit website registration

Just carefully fill out registration form that will take you no more than one minute. All that you will need is:

  • e-mail;
  • phone number;
  • name.

Exactly after registration you will gain the access to all the basic resources and functions on the optionbit USA site, including access to training materials – everything is absolutely free.

You can replenish your account by any modern means starting from $ 200 (the minimum rate could be from $ 10-15). Use a high-quality high-speed internet access to the website does not hang.

If we talk about the OptionBit withdrawal of money, you have to go through the procedure of the identity verification. But do not worry, detailed instructions on how doing this can be found on the brokers website. This formality is necessary to pass only once and OptionBit withdrawal of money will be available for you at any time after this procedure.

The important information is that you can withdraw funds only 1 time per month without a commission, every other OptionBit withdrawal of money will cost you $ 30.

Platform of OptionBit

The optionbit reviews shows that you will have a large variety of choice from 90 assets, including many rare assets such BitCoin’s and some raw materials. With proprietary technology Algobit, trading has become as simple as never before. It’s an algorithm that helps traders to calculate the trend by analyzing the financial markets. But you must remember that this algorithm may not always be accurate and can only be applied to technical parameters of motion graphics.

What about extra features? Here OptionBit binary options won’t disappoint you – there is a possibility to close deal early, in the case if you see that it will be closed with a loss. Thus, you will significantly reduce the amount of multiple losses.

As well, you will have an opportunity of extension the deal, if you will see that the graph has gone the other way, but be confident that soon with the trend the price will continue moving. In addition, OptionBit offers auto trade for those who like to trade with the trend.

The core point is the ability to indicate the quantity of transactions, which 1 by 1 will open in the same direction as the previous ones. In such conditions, you do not have to worry about your balance – the deal will be opened only upon the sum of winnings from the previous bet. But if 1 of those will be closed unsuccessfully, the system will cease to open new one.

Types of options

On our platform, you can choose the account among 3 kinds:

  • ordinary bills;
  • demo account version;
  • special account for large customers.

You can pre-arrange with your personal adviser about all features before opening the Diamond account.

Account demo optionbit is available only то users who have passed the registration and made a deposit. It opens only for 1 day with full access to all trading instruments, options and features. However, the broker always works closely with their clients. If you want to use an OptionBit demo account and further you can simply discuss it with a counselor from the company.

Main advantages

  1. Customer Support is available all day long, 6 days per week except Sunday. The experts will answer all your questions and give the consultation. You can get in touch with customer support with any suitable for you way. For example, you can leave your OptionBit complaints, suggestions or comments about the company via e-mail. Section of the FAQ maintains you with the principal concepts and terms in trading digital options. In addition, we grant access to the training course that will teach the basics of digital options trading.
  2. We give the opportunity for customers to take a loyalty bonus. With it you can open the transaction and to make a profit, which falls under the definition of a conventional bonus. Everything depends on your determination and skill.
  3. The Platform offers users the ability of earning money at a rate of up to 81% (in contrast to the usual transactions) and hundreds of percentage of profit from the touch options.
  4. All users will appreciate the intuitive interface.
  5. The nice addition during routine training on the market analysis will be bonus proposes, promotions and tournaments. You will be provided with all necessary e-books, materials including video tutorials.


Traders all over the world are certainly pleased with the functions of this platform. System Algobit helps in getting rather high payouts.





OptionBit Binary Broker Review updated: February 27, 2018 author: admin


  1. I havent´t earned soo much with Optionbit but I turned 110 euro in 245 euro and got my Money. All People here write, that Optionbit is scam but I got all my Money back to my Bank Account and now I am in 24option.com Broker.

  2. I have an account with OptionBit and on two separate occassions witnessed that I was in the money at the expiration and even indicated by their system the profit, but the profit was never credited to my account. When I checked the my trades column it indicated the trade as a lost. I emailed OptionBit Support and requested and explanation and credit of the profit but never received a reply from them. I am very disappointed in OptionBit and will find another broker.

  3. OptionBit. Read here. I deposited US$250 to learn the trade, Within hours a senior account manager call, offering to earn more plan, he demos 80% accuracy with small $10 trade. He requests a top up to 5K which I am not willing. He sends me to their finance where I agree only $2.5K but actual is a double $2.5K deducted. I am not happy I want to quit, he does more $10 trade to demos his 80% accuracy. After few day consideration, I put up the $5K withdrawer request, my account transfer to another manager. He convinces me he is the best. I follow instruction without thinking much and lost the 5K in a single session of 5 trade. Now left with $70.
    The recovery team informs only 1% client like me lose, asking me to put in another 5k …. don’t believe them…

Leave a Reply

Your email address will not be published. Required fields are marked *



Check Also

IQ Option Review 2018

IQ Option Binary Broker Review 2019

Having come to the binary options retail trading industry, IQ Option became a new player ...