Redwood Options is a relatively new binary options broker which offers a secure, fast and easy trading experience for both novice and expert traders alike.
The advantages for all of the Redwood Options traders are the first class educational tools that are available, including a comprehensive e-book, daily market reviews, live webinars and a video academy.
Features of Redwood Options
The trading platform is intuitive and user friendly, letting the trader focus on the reason he or she is there: to trade. Redwood Options offers many unique features on its platform. These new features include, the Strategy Advisor Feature, live signal webinars, Ladder Option trading and much more. Also, unlike other platforms, traders can utilize the Follow Feature. This allows traders to mimic the trades of the top binary options traders. This ensures more profits.
Support and Advice
The customer service representatives available include senior account representatives, consultants and analysts. Traders can rest assured that they are in good hands and that the Redwood Options staff will do anything they can to assist them 24 hours a day, 7 days a week. Accounts may be opened with an initial deposit as low as $200. The cap on single deposits is $20,000.
The account opening process is very well explained and simple. Ten major credit cards, wire transfers, and e-wallets, Moneybrokers, CashU and WebMoney are accepted in seven currencies, the USD, EUR, GBP, AUD, CAD, JPY, and RUB. The entire process takes less than five minutes. Redwood Options places a high priority on security and makes it clear that all of the customer’s account information will be maintained as confidential.
Options and Controls
Traders can choose to trade with over 150 underlying assets. This include traditional stocks like Google or Apple, currency pairs like EUR vs USD, indices like the S&P 500 and commodities like gold or oil.
Trader Account Options
Redwood Options offers three unique and different account packages. It is easy and quick to create an account with Redwood Options. All a new user needs to do is log onto RedwoodOptions.com and click on the open account button on the homepage. Traders can choose from a Mini Trading Account, which requires a deposit of $200, but includes a 30% “welcome bonus”; the Executive Trading Account, which requires an initial deposit of $1000,
includes a 70% welcome bonus, a personal account manager and one risk-free trade; and the Gold Account, which requires a deposit of $5000, includes a 100% welcome bonus, a senior account manager, five risk free trades and same day withdrawals.
Over five trading methods are available for Redwood Options’ clients. The Call/Put option is the standard binary options trading method offered on this platform. The Options Builder method offers a high level of trade customization. The One Touch option is one of the most popular methods because of its high payouts. The 60 Second Option is the fastest way to invest and profit from binary options trading. Trading on the platform is simple; just a click on one of the two options (Call/Put) and the customer has placed their first trade.
Traders may take advantage of market moves without having to open new trades using Roll Over, Double Up and Sell Early features.
Though the chat function is conveniently located and easy to recognize, when tried, it asked the user to send a message that will eventually be answered, making it the equivalent of email from a customer service perspective. However, the message was answered in less than 30 minutes. Though the customer service representatives speak Italian, French, German, Arabic, Spanish and English, the website platform software is only provided in English.
Let’s Start Trading
Redwood Options is reputable platform for binary options traders and an especially attractive one for beginners because of the high quality education tools provided. Its payouts match the industry and its convenience and ease of use exceed those of most of its competitors. Unique features such as its 81% payouts, Buy Me Out and its customizable four graph visual interface make it a stand out in this growing industry. Redwood Options has been the broker of choice since its launch in 2013.