Overview

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Details

Broker AskOption
Official Website URL www.askoption.com
Headquarters Suite 50, 2 Old Brompton Road, London, SW7 3DQ, United Kingdom
Support Number +44-3308082064
Support Types Live Chat, Phone, Contact Form, E-mail
Minimum 1st Deposit $250
Bonus Up to 100%
Payout 85%
Free Demo Account Open FREE Demo
Account Types Basic, Standard, Silver, Gold, Platinum, Expert, VIP
Deposit & Withdrawal Methods VISA, MasterCard, Bank Wire
Number of Assets 20+
Account Currency USD, EUR, GBP, AUD, CAD, JPY
Overall Score 7.5/10

Full Review

Established in 2015, AskOption is one of the newest players to enter the binary options trading field. It can be seen that the broker has invested a good amount of time and effort in ensuring that investors have a positive experience when trading on their platform. They are an amazing broker which also offers social trading capabilities.

To understand the needs of their clients, they have remained active on social media sites such as Facebook and Tumblr and they have taken the steps necessary to improve their site and trading platform based on the feedback received online. AskOption comes with great features and trading tools and in this review, we will take an in depth look at the broker and all that they have to offer.

Review Verdict: AskOption is NOT a Scam

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Is AskOption a Scam or a Legit Broker?

If AskOption was a scam, they wouldn’t be doing so much to help traders meet their financial goals. The broker may be new, but their standard of service is only matched by the top brokers in the industry. They are not regulated yet, but this has not stopped the broker from proving their worth. They have proven time and again that they are among the best brokers. The reviews and testimonials of real traders say a lot about the genuineness of this broker.

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Every trader who has used their trading platform has something positive to say about them. Customer support service, withdrawals and trading features are top notch. To facilitate trading, the broker offers several trading tools and a variety of resources as well.

AskOption Trading Platform

AskOption operates on the new Panda Trading System. This is quite an innovative platform because it offers social trading capabilities as well. Traders will find that the platform is engaging and is user friendly as well. The options as well as the trading tools are visible to traders. The broker offers more than 80 assets and their options include High/Low, Range, Hyper and One Touch. Payout for High/Low can reach as high as 85%.

ask option trading platform

Review Verdict: AskOption is NOT a Scam

Visit AskOption Website

Account Types and Bonuses at AskOption

AskOption’s Basic Account is suitable for beginners. Deposits between $500 and $1000 can be added to this account. Benefits include welcome bonus of 30% and 1 risk free trade.

The Standard Account is suitable for traders who have little experience in the financial trading field. It accepts deposits between $1000 and $5000 and traders can qualify for 50% welcome bonus in addition to 5 risk free trades. (Open Standard Account Here)

Next is their Premium Account which requires a deposit of $5000 to $15,000. There is a range of benefits offered including welcome bonus of 70%, live training sessions, 7 risk free trades and trading alerts.

The Investor account can be opened if you make a deposit between $15,000 and $50,000. You can get 85% sign up bonus, 10 risk free trades, risk management tools, training sessions and the other benefits that are available to the lower levels.

The last type of account is the Pro Investor Account and it is suitable for anyone who wants to invest more than $50,000. Sign up bonus of up to 100% including 20 risk free trades are offered with this account.

ask option accounts

Deposit and Withdrawal Procedures

The payment procedures are pretty standard. You can add and withdraw funds via bank transfer and credit cards. The minimum deposit requirement is $250 and the minimum withdrawal is $30 for credit cards. If you choose bank transfer option, you must have at least $100 in your account to request a withdrawal. Currencies that are accepted include AUD, USD, GBP, CAD and EUR. The withdrawal processing time is between 3 and 5 days.

AskOption Website Preview

Customer Support

The customer service team of AskOption is available round the clock via live chat, phone and email to respond to the queries of investors. Languages which are supported include English, Russian and Arabic. Their team is very friendly and they are highly knowledgeable about financial trading which is something that enables them to solve trading related issues promptly.

Bottom Line

Pros:

  • Good_choice_stamp_top10_BRClear & Transparent Reputation
  • Low minimum Trade Size
  • Wide Choice of Accounts
  • 100% Welcome Bonus

Cons:

  • Minimum Language Support
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