Broker HotForex lanza OptionTrade

Los mejores corredores de opciones binarias 2021:
  • NS Broker
    NS Broker

    ¡1er lugar! Líder del mercado de FOREX y CFD!

  • Binarium

    El mejor broker de opciones binarias!
    Ideal para principiantes! Entrenamiento gratis! Bonos de registro!

  • FinMax

    3do lugar! Gran corredor!



  • Broker doesn’t exist anymore

Optiontrade joined the market in 2020 and is therefore one of the recent brokers. However, even after such a short time, it managed to top many more established brokers. Among the main advantages of this broker are regulations by most important commissions such as CySEC and multilanguage support. Optiontrade is currently translated in 14 languages and counting. More and more novice traders are interested in this broker thanks to $200 minimum deposit and a free demo account which Optiontrade provides.

Optiontrade Awards

Optiontrade has been awarded for their exceptional services multiple times. They have been awarded the Business Excellence 2020 award, but also hold the title of Best New Binary Options Broker in Europe 2020.

This broker was founded by the owners of HotForex group, which is a forex broker, that’s been in this business since 2020. This might be the reason of their success. They just know what they are doing. Optiontrade themselves say, that their success is caused by their will to keep their customers happy and satisfied with everything they do.

Optiontrade platform

Overview of Optiontrade broker trade platform

Optiontrade offers a wide range of binary options such as one touch options and ladder options.

  • One touch options
    • By trading one touch options, trader speculates whether the price attacks a certain position. If it does, the profit is high (up to 300%).
    • An example: Price will reach $120 in under 72 hours. If so, the trader gains $300. If not, trader loses $100.
  • Ladder options

      Trading ladder options

      This type of binary options is similar to spread options offered by HighLow. They are classic options with slightly adjusted ITM line. If the line moves against our trade, we have a higher chance of greater profit. If ITM line moves so that strike price is more profitable for us then 95% profit can move for example to 24%, but this also moves yields higher probability of profit.

    • With ladder options, trader can use advanced hedging techniques to make sure that he stays in profit regardless of the price movements. More on that here: Binary option strategy hedging.

Classic high-low options

Broker Info Bonus Open Account

Optiontrade demo account

Optiontrade offers free demo account with no need to deposit (as opposed to other brokers). Just open your account, go through the usual verification process and press open demo account in “My account” section after logging in.

The demo will be active in a few minutes. Open demo account with OptionTrade

Optiontrade bonus

Optiontrade offers the possibility of getting a 100% bonus from $100 up to $500. If you are a novice trader you should read this article: Pros and cons of bonuses before getting one – it can help you save your hard-earned money.

Our Optiontrade experience

Our experiences are generally positive. Starting with customer support through trading and swift trading platform to fast withdrawals there is nothing to complain. Will optiontrade defeat stockpair to be the best broker of 2020?

Optiontrade Pros

  • Great and swift platform
  • Free demo account

Optiontrade Cons

  • Broker doesn’t exist anymore

Optiontrade – Review author

More about the author Step

I’ve wanted to build a business of some kind and earn money since I was in middle school. I wasn’t very successful though until my senior year in highschool, when I finally started to think about doing online business. Nowadays I profitably trade binary options full-time and thus gladly share my experiences with you. More posts by this author


OptionTrade are no longer trading. For a list of alternative brokers, and full comparison reviews, visit our brokers page.

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OptionTrade Archive Review

A binary options trading platform brand of HF Markets (Europe) Ltd, OptionTrade was set up in 2020 to provide traders of binary options with “…a cutting-edge trading environment” and the opportunity to earn up to 85%. With the state of the Gen 2 SpotOption trading platform, OptionTrade is able to offer its clients unrivalled trading experience and a diverse range of contracts such as 60 Seconds Options, Classic Options, One Touch Options, Long Term Options, Pair Options and Ladder Options.

Los mejores corredores de opciones binarias 2021:
  • NS Broker
    NS Broker

    ¡1er lugar! Líder del mercado de FOREX y CFD!

  • Binarium

    El mejor broker de opciones binarias!
    Ideal para principiantes! Entrenamiento gratis! Bonos de registro!

  • FinMax

    3do lugar! Gran corredor!


What is truly unique about the Gen 2 SpotOption trading platform is the ability to trade using the time proven “Ladder” trading strategy with just a single click of the mouse. Previously, before the introduction of this feature, in order for a binary trader to execute this strategy, he had to make a separate individual trade for each price level. Now, this process has been simplified by SpotOption.

Assets & Payouts

With more than a hundred different assets spread across 20 different markets, OptionTrade truly offer their traders the opportunity to diversity their investments. The following list provides some indications of the extent of their market coverage:

Commodities Equities Forex Indices Pairs




Wynn Resorts











License & Regulation

Apart from being licensed by the Cyprus Securities Exchange Commission (CYSEC) under license number 183/12, OptionTrade is also registered with the following regulatory bodies across Europe:

  • Authority for the Financial Markets (AFM – Netherlands)
  • Autorité de Contrôle Prudential (ACP – France)
  • Central Bank of the Czech Republic (CNB – Czech Republic)
  • Comisión Nacional del Mercado de Valores (CNMV – Spain)
  • Comissão do Mercado de Valores Mobiliários (CMVM – Portugal)
  • Commissione Nazionale per le Società e la Borsa (CONSOB – Italy)
  • Federal Financial Supervisory Authority (BaFin – Germany)
  • Financial Conduct Authority (FCA -UK)
  • Finansinspektionen (FI – Sweden)
  • Finanstilsynet (Danish FSA – Denmark)
  • Finantsinspektsioon (Estonia)
  • Hungarian Financial Supervisory Authority (HFSA – Hungry)
  • Národná Banka Slovenska (Slovakia)
  • Polish Financial Supervision Authority (KNF – Poland)


  • 100% Matching Bonus
  • 3 Different Account Types
  • Comprehensive Training Support
  • Demo Account Provided
  • Diverse Range of Assets
  • Regulated Broker


  • Support only available 5 days a week


While OptionTrade has only been in existence for less than 2 years, they have taken considerable effort to ensure that their operation is legal not only in Cyprus but across multiple jurisdictions. Safe to say, prospective traders of OptionTrade need not worry about the legitimacy of this broker. If after testing out their obligation free demo you want to open a live trading account, OptionTrade only require a low minimum deposit of $100. Not only do they make it easy for a person to open a live trading account with them, they also make it easy to trade by setting their minimum trade requirement at $10.

Ratings Overview

Customer Service Rating – 8

  • 24/5 Support Services
  • Phone Support Available
  • Trading platform translated into 17 languages

Asset Choice Rating – 10

  • 75 Stocks
  • 26 Currency Pairs
  • 9 Commodities
  • 42 Indices
  • 6 Pair Options

Deposit Method Rating – 9

  • Credit Cards
  • Wire Transfer
  • Web Wallet

Minimum Deposit Rating – 9

Minimum Trade Rating – 9

Trading Features Rating – 10

  • Standard Call/Put Binary Options
  • One Touch Binary Options
  • Long Term Binary Options
  • Short Term Binary Options
  • Ladder Options

Payout% Rating – 9

  • Up to 85%
  • Buy Back feature
  • Rollover feature
  • Close Now feature

Bonus Offers Ratings – 8

  • Up to 100% matching bonus

Site Intangibles Rating – 10

  • Regulated
  • Demo account
  • Training videos
  • Webinars

OptionTrade — Forex Broker Rating and Review 2020
Regulation EU licensed and regulated by CySEC
Trading software Cutting edge OT Trader Platform, Ladder
Headquartered HF Markets Europe Ltd, Spirou Kyprianou 50, Irida 3 Tower, 10th Flootr, Larnaca 6057, Cyprus

OptionTrade is a dynamic, EU regulated Binary Options broker. Powered by HotForex, an award-winning FX broker, OptionTrade is fully licensed by the Cyprus Securities and Exchange Commission (CySEC), complies with MiFID (Markets in Financial Instruments Directive) regulations and is also a member of the Investors Compensation Fund (ICF).

OptionTrade trading information

Address HF Markets Europe Ltd, Spirou Kyprianou 50, Irida 3 Tower, 10th Flootr, Larnaca 6057, Cyprus
Headquarters Cyprus
Free phone +357-24-020054
Free education
Mobile trading
Digits after the dot in quotes
Minimum position size
Pip spread on majors 1-3
Spread Type
Maximum Leverage 100:1
ECN, $
Standard account, $ 100
Micro account, $ 100
Popular payment methods Visa, Wire Transfer, MasterCard, WebMoney, Skrill moneybookers, iDeal, Neteller, Sofort, American Express
Account currencies
Available assets
Languages English, Russian, French, Chinese, German, Spanish, Hindi, Greek, Italian, Bulgarian, Korean, Polish, Arabic, Indonesian, Portuguese, Czech, Vietnamese
Platforms Cutting edge OT Trader Platform, Ladder
Broker type
Regulation CySEC

OptionTrade — Latest Reviews and Comments 2020

I’d like to share with you this particular encounter that I had a couple of months ago. I have been trading for a couple of years now and I understand not all platforms are perfect. Even the big players have malfunctioning sites too. Which brings me to OptionBit. I first encountered OptionBit through my trader friends who have been with them for months, after a checking their platform, offers and talking to some users, I immediately joined the band wagon. I like how their platform works. It’s simple but all the things that you need to see is there which make it comprehensive yet concise. The platform also is easy to navigate which I like, it’s very convenient to use and to trade. What I also like in the platform is the agents here. I have talked to a lot of people in this industry, but nobody matches the collaborative and professional nature of OptionBit agents. One of my agents here whom I grew close with is Patrick. Patrick is my go to guy whenever something’s up. I remember my first time as a member here, he really took time in explaining to me all. I may not a beginner but I have a lot things on my mind that needs to be addressed. We took each of my questions like a grain of salt, each was answered and addressed well. Patrick is also informative and honest to talk to. Regularly I get updates and info which are necessary for me in my trades. I don’t mind getting info and updates for him because I see results anyway not only that, He also informs me the risk each transactions can go to. I have nothing but full appreciation on his honesty which I find some Brokers here in this industry lacks. He’s been very reliable partner for me even though I tend to do things on my own and can be a pain sometimes.

guest 23 October, 2020 Reply

Hey! I thought i’m the only Optionbit trader here! withdrawal here are so much better! hey why don’t you contact me, would like to know how you trade.

google 23 October, 2020

Not good for options trading. I actually lost $200 on trading options here. Each broker offers different types of contracts on binary options. There is a difference on the same contracts and factors that impact performance. What’s more important is that OptionTrade can manipulate these factors whether you have right or wrong forecast. No mater if you buy call or put option.

Valenty 18 June, 2020 Reply

Without any doubt, OptionTrade is the most attractive brokerage firm in binary options industry. It has more than enough assets for trading. I think there are more than 200 assets. No reason to compare to other brokers because six different types of options allow using whatever strategy you want. I really like risk free trades and bonuses program. In this case the more profit I get, the more I ready to deposit. This kind of approach gives me bonuses on each new deposit I make. Finally, I want to make required trading volume to withdraw all bonuses from account. Only one thing, you need to trade profitably or you will lose all money. Don’t be stupid if you think you know everything. I took all courses in options academy before made real money deposit. So it’s very useful service where I got all of my theoretical experience. And little bit more.

Matthew 18 August, 2020 Reply

Trading precious metals is one of the most popular ways of diversifying your portfolio. Trade spot gold and spot silver prices against the US Dollar and other major currencies with a global broker today, and reap the potential benefits.

I am a day trader usually trade forex however on my friend’s recommendation, i also started trading binary options with them three months ago. Since then i had easily made some good returns on my investment. They have supportive team and great services. I think they really worth appreciation, highly recommended safe broker! I have traded with some other brokers as well however that was a terrible experience waiting for the withdrawals for many days and then loosing hopes of getting being paid for my own profit payments. I don’t like to discuss others but the least i can say about this broker is that they are really worth giving a try. My withdrawals are always processed on time and i get them on the same business day. It’s highly recommended broker.

Los mejores corredores de opciones binarias 2021:
  • NS Broker
    NS Broker

    ¡1er lugar! Líder del mercado de FOREX y CFD!

  • Binarium

    El mejor broker de opciones binarias!
    Ideal para principiantes! Entrenamiento gratis! Bonos de registro!

  • FinMax

    3do lugar! Gran corredor!

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