ZoneOptions – This Newest Of Binary Options Brokers Is Examined In Our ZoneOptions Review
ZoneOptions Review 05/2012 – ZoneOptions is the newest binary options broker to hit the scene in this already very competitive industry. Luckily for the ZO investors, they do actually bring some unique features and services to the table and they compare very favorably to the competition in most areas. ZoneOptions does, of course, have both its strengths and its weaknesses. And both will be covered in the complete ZoneOptions review below. ZoneOptions is a UK company officially launched at the beginning of 2012 and offering a solid alternative to the binary options brokers already in operation. With an outstanding welcome bonus, a wide range of contract types, and the popular 60-second options, ZO will be a popular choice for binary options traders residing outside the US.
Read On For The Full Review Of ZoneOptions…..
- ZoneOptions Website – http://zoneoptions.com/
- ZoneOptions Minimum Deposit – $200
- Minimum Trade – $10
- Maximum Trade – $5000 On Standard And $1000 On High Yield
- Contract Types – Standard High/Low Options , Boundary Options , One-Touch Options (Touch/No Touch) + 60-Second Options
- ZoneOptions Demo – Not At This Time
- ZoneOptions Deposit Bonus – Yes!
- ***Up To 40% Welcome Bonus + Your First Trade Is Risk-Free – Up To $50 (EUR/GBP/USD)
ZoneOptions Strengths & Weaknesses
- Accessability/Ease-Of-Use | 8.75/10
If, like most binary options traders, you stick mostly to the standard High/Low contracts then we would probably bump this score up to a 9. For beginners, however, the more exotic binary options contracts and ZoneOptions own twists on them could be a little confusing and intimidating. However, these are great options to have on hand when you want or need them. Those will more experience trading binary options will definitely appreciate all the variety available for constructing their binary options trading strategies.
- Trading Platform | 9.5/10
The ZoneOptions trading platform uses the same software as that of 24Option. This would be because they are actually owned by the very same parent company. However, ZO does apply their own modifications and their contract structures can differ quite a bit from 24Options. There is certainly no mistaking them for the same broker. 24Option may be the choice for US-based traders but ZO is looking like it could possibly be a better alternative for those who can trade there.
- Contract/Expiry Selection | 9.75/10
Contract and expiry selection is probably ZoneOptions strongest category. They offer not only all the popularly traded binary options contracts but also a very nice variety of expiration times available on each underlying asset. Expiry selection is something we consider to be quite important if you are going to venture beyond just trading hourlies. Hourlies may be the most profitable binary options contracts to trade but they certainly are not the only ones and there are plenty of other profitable binary options trading strategies which make use of longer-dated contracts. ZO definitely has you covered here.
- Asset Selection | 8.25/10
And here we finally come to a ZoneOptions weakness: their underlying asset selection. Numbering around 40 their asset selection falls short of the average among binary options brokers by about 10 assets. Hopefully they will continue to add to this selection as time goes on. For now though, they do at least offer the most popular stocks, currency pairs, commodities and indices. And their selection of indices to trade on is actually pretty good. Their best underlying asset category in fact at 13 global indices on which to base your binary options trades.
- Customer Service | 9.0/10
You won’t find any complaints about the ZoneOptions support team. The only reason they don’t score higher in this important category is the number of languages serviced by the customer support team. They are above most and below some in the area off support languages. All the usual channels for support are available but the customer service agents tend to be more cheerfully helpful than at many other brokers on average.
- Overall ZoneOptions Review Score | 9.25/10
It is unfortunate that our US friends cannot trade with ZoneOptions but for everybody else this new broker makes for a very interesting choice and is certainly one to consider. Their great bonus structure, polished platform, 60 second options, and large variety of contract types and expiration choices ZoneOptions can hold its own against any of the competition. And with offices around the world and support in multiple languages it seems likely that they will do just fine in this very competitive global market. We hope you found the information you were looking for in our ZoneOptions review!
For More Information Visit The ZoneOptions Website http://www.zoneoptions.com/