Ivory Options Brokerage Review » Day Trader Guide

Ivory Options Brokerage Review

Ivory Option

The information below is relevant to the brokerage IvoryOption.com

 

Account Information:

  • Min Deposit: 250 USD
  • Welcome Bonus: up to 200%
  • Max Pay-out: 87%
  • Max Leverage: up to 1500%

 

IvoryOption_platform

 

Information about Brokerage

    • Founded Date: 2012
    • Platform: Market Maker
    • Minimum Deposit Amount: $250
    • Max Return: 87%
    • Signup Bonus: up to 200%
    • Bonus Turnover Requirement: 25 Times
    • Deposit Banking Options: Credit/Debit Cards:
      ✓ Visa
      ✓ Visa Electron
      ✓ MasterCard
      ✓ American Express
      ✓ Delta
      ✓ Maestro *
      ✓ Maestro UK * (Switch and Solo)
    • Electronic Payments: Bank Wire Transfer
    • Currencies Accepted: USD, EUR, GBP
    • Withdrawal Banking Options: Credit/Debit Card, Bank Wire Transfer
    • Withdrawal Duration: 5-7 business days
    • Customer Support: 24/7 (Local Calling Available Per Region and Language)
    • Support Email: support@ivoryoption.com
    • 24/7 Live Chat Support Available: Yes

 

 

Detailed Broker Review of IvoryOption.com

 

• Introduction

Ivory Option brokerage operates as a licensee of Spot Optoins, which adheres to the rules and regulations of CYSEC.

Ivory Option is built of group of investors, registered as an offshore brokerages; Ivory Option works as an international brokerage with offices situated around the world. With 24 hour service, day traders of Ivory Option may receive assistance at any time.

Ivory Option has grown into one of the largest binary option brokers in the world by providing the best services to their customers. Their trading platform and broker expertise are the two key elements that set Ivory Option apart from other brokerages.

 

• Trading Platform and Features

The most innovative trading feature present on Ivory Option’s site is the new Strategy Advisor feature which automatically does an RSI, Moving Average or Bollinger Band. This binary option trading tool does a quick scan, only taking 10 seconds, then using these calculations it helps traders predict the upcoming result of option.

Call-Put trades are by far the most common binary option trades made, as more than 90% of all binary option traders fall into this category. Besides offering more than 100 assets to trade as Call-Put trades, Ivory Option offers One Touch trading, which is a form of binary option trading for the weekends with pay-out rates reaching as high as 720%.

Other trading features such as Pair Trading are becoming more common with investors. It is safer to trade as the trade deals with more a subject or industry, since the trade compares to similar assets to one another. It is considered a minimal risk trade, resulting in pay-out rates being a bit lower than traditional binary option trades which average 87% pay-out at Ivory Option.

Short term trading, is also offered by Ivory Option, as there are many preset expiry times ranging from 30 seconds, 60 seconds, as well every other 5 -10 minutes, all the way up to an hour. Short term binary options tend to be traded when major news events are released. The reasoning is that when major news breaks financial markets tend to react suddenly, leaving opportunity for day traders to make profits with binary options.

There is no software necessary to download when using Ivory Option’s trading platform. Ivory Option traders may log into their account and make transactions from anywhere, as long as there is internet access; traders are able to use their accounts. This is true for a number of devices including smart phone and tablets.

The most distinguishing feature about Ivory Option is Ladder Options. Ladder Options is the most advanced style of trading that the Binary Option trader could do, yet it is relatively not that complicated. Ladder Options offer 5 times the pay-out rates of a standard binary option trades. With Ladder Options, day traders are given the chance to purchase 5 separate price positions. The price positions are all purchased at the same time, even though trades are able to place in multiple directions and times.

 

• Trading Accounts and Pay-outs

One Touch, aka High Yield Options, are weekend options that are hard to forecast accurately as there is a need to be precise with the future price; whereas with regular binary options when a trade moves in the direction that was predicted the trade lands ‘In the Money’.

At the moment Ivory Option does not provide a demo account, for those who want operate the platform before opening an official account.

In order to open an account, speculators may contact the company and have a representative walk them through the registration process or they may do so themselves with this registration page. After registering with the company, investors will have to fund their account before purchasing an option.

Depending on what qualifications filled in the registration process, traders are designated to different levels, and offered bonus and promotions accordingly.

The minimal account to open with Ivory Option is $250. With every account opened at Ivory Option, whether it is the minimum amount or more, a personal account manager is assigned based on the daytrader’s IP address and selected language. The account manager will contact the trader upon registration and will then further assist them with their trading portfolio.

Both new and previous existing member are offered bonus packages to encourage trading and at Ivory Option educational tools are always free. For more information on webinars and tutorials speak with an account manager after registration.

The minimal trade amount per option take is $5, while the maximum trade amount is $5,000.

 

• Banking Options

Ivory Option provides multiple ways to transferring funds in and out of a trading account. The simplest is via Wire Transfer; however there are transaction fees, which the traders are required to pay. The minimal amount a return may be on a wire transfer is $250, which is typically a $25 transaction fee depending on location.

Another way of crediting an account is with any one of these credit/debit cards:

  • Visa
  • Visa Electron
  • MasterCard
  • American Express
  • Delta
  • Maestro *
  • Maestro UK * (Switch and Solo)

Traders should expect the withdrawal process to take between 5-7 business days. When first registering with Ivory Option traders undergo a verification process to eliminate fraud account, and a continual check occurs during the withdrawal process.

 

• Customer Support

There is a support available for all traders, 24 hours a day, as the platform is in operation around the clock as well. Live chat is available in multiple languages and may assist with any technical questions. When requesting to speak with a specific account manager or broker, expect a 1-2 day reply via email or telephone.

 

Why Choose Ivory Option?

  • Innovative Trading Features
  • Expert brokers
  • Hassel Free Withdrawals

 

• What to expect when trading with Ivory Option?

Day traders that trade binary options at IvoryOption.com can expect an innovative trading platform supported by a great staff. Funding transaction are simple with Ivory Option, resulting in Ivory Option being a well recommended binary option brokerage.

 

 

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