Established in 2014, Grand Option is one of the newest kids on the block, and it’s clear that the founders are investing time and energy into creating a user-friendly experience. The site makes use of the TechFinancials trading platform, which young traders will appreciate for its simplicity and maneuverability. The Customer Service Team is professional and dedicated to helping clients, causing Grand Option to stand out as an up-and-coming binary options firm.
It’s important to note that the site is fully regulated by CySEC, thus US clients are not accepted.
Trading Options and Platform Features
You can choose from three primary trading packages: Standard, Gold, and VIP. Some of Grand Option’s impressive trading options include the following:
- 60 Second Binary Options
- High Yield Touch
- Payouts up to 82%
- Deposit methods include credit card, Skrill/MoneyBookers, and wire transfer
- Withdrawal requests can be made simply and efficiently online
- All withdrawals include a processing charge of 3.5% of the requested amount
- Bank transfers are subject to an extra $25 fee
Bonuses and Promotions
The Grand Option site provides little information in regards to the bonus options. However, bonuses of up to 100% of a deposit can be obtained. For further info, it’s best to speak directly with an account manager.
24/7 customer support is available via phone, online chat and email. CS agents are receptive and generally accurate with their answers. Emails are replied to within 48 hours.
You can access a free E-book on the site as well as educational videos, although we found the videos to be less than helpful. Overall, the education materials are a bit weak in substance.
Grand Option offers the standard trading options and slightly subpar educational material. The terms for the trading options, bonuses, and withdrawals are somewhat obscure, which we find to be alarming. It’s true that the site is regulated, but it’s still too soon to say how reliable the company really is. It appears to be on the level, but only time will tell.
Pros: Regulated, good CS department
Cons: Limited educational materials
Support Options: Email, phone, live chat