hedefoption Review
| Broker | hedefoption |
|---|---|
| US Traders Accepted | |
| Company Name | hedefoption |
| Headquarters | Nicosia, Cyprus |
| Regulation | No |
| Bonus Type | Deposit bonus |
| Bonus Size | 30% |
| Max Payout | 75% |
| Out-of-Money Reward | 10% |
| Trading Platform | Pro Trader Platform |
| Deposit Options | Credit/debit cards, wire transfer and CashU |
| Deposit Currencies | US Dollar, Euro |
| Minimum Deposit | $100 |
| Minimum Trade | $10 |
| Maximum Trade | $1,500 |
| Online Since | 2011 |
| Trading Instruments | Forex, Commodities, Stocks, Indices |
| Number of Trading Instruments | 76 |
| Binary Option Types | Call & Down Option, One Touch, Option Builder, 60 Second, Pro Trader |
| Customer Support Types | E-mail (info@hedefoption.com), phone, on-line chat |
| Education Offered | Demo Video, How-to-Trade Page |
| Tools Offered | Daily Market Review, Weekly Market Review, Expiry Rates, Expiry Rates Rules |
| Commission | Any transfer below the amount of $100 will be charged a $25 fee. |
| Languages | English, Turkish, German |
| Demo Account | No |
hedefoption provides a 100% web based trading platform to their clients, called Protrader online. Their platform is designed to offer a safe and profitable investment experience to the worldwide traders. By offering an advanced trading platform to their clients, hedefoption endeavors to make financial trading more rewarding and satisfying for the traders. hedefoption has been in the business since 2011 and they have their headquarters in Nicosia, Cyprus. They also have an office in Germany and traders may call them either on their Cyprus or Germany Office phone numbers, if any assistance is required. However, hedefoption maintains an efficient team of customer care executives who are always available online for a live chat session to answer your queries. They support three languages English, Turkish, German, and they extend their brokerage services to the global traders. But they do not accept US traders.
hedefoption is not a regulated company. They do not provide a demo account to the traders either. So, both experienced as well as newbie traders could be little apprehensive while opening an account with hedefoption. They maintain a simple registration procedure for opening an account. The minimum funding requirement is 100 dollars or 100 euros. They also offer deposit bonuses but in order to get a bonus, you will have to fund your account with at least $500. They maintain different bonus percentages for different levels of deposits. They offer you simple fund deposit methods including credit cards, debit cards, bank transfer and CashU. Similarly, they allow you to withdraw your earnings in several ways, such as credit cards and bank transfer. There is no fee on withdrawals via credit card, but if you withdraw an amount less than $100 through bank transfer, you will have to pay a processing fee of $25. The minimum trade size is of $10, which a newbie can easily afford to invest in. A big trader can trade with a maximum trade size of $1500.
Trading Choices
With hedefoption, traders can have an opportunity of choosing from 76 financial instruments from different markets. They offer a wide range of Forex, Commodities, Stocks, and Indices to their investors. Traders can earn substantially with them by investing in their regular binary option which promises payouts ranging between 68%-75%, with an out of reward guarantee of 5%-10%. So, a newbie trader can think investing with them with the minimum amount of $10, since there is an out of reward to protect their investment to some extent. Besides their traditional binary options, one may invest in their One Touch, Option Builder, 60 Second, and Pro Trader options as well. With their Option Builder, you can make a 70% payout at a 10% insurance. Their One Touch can be a perfect choice for experienced traders who want to make a profit of above 500% very quickly. However, with a lucrative earning, it also comes with underlying trading risks. Thus, one needs to invest their money in One Touch very carefully. They also have the option of 60 Seconds where one can earn a 70% profits in just one minute. While their Pro Trader option also allows you to make a 70% payout safely and securely.
You can have a very good bonus earning opportunity with hedefoption, provided you intend to fund your account with at least $500. For funding your account with their minimum amount of $100, you will not get any deposit bonuses. For first deposit of $500, you will get a bonus of 10%. The bonus percentage will keep on increasing when you will keep increasing your funding amount. For example, for $1,000, it is 15%; for 2,500, it is 20% and for $5,000, it is 30%. The maximum bonus amount you can earn with them is $2,500. Whatever bonus amount you earn with them, you will have to follow their bonus withdrawal policy in order to withdraw the bonuses. If you want to withdraw your bonus, you need to execute a trade of twenty times the bonus amount. Thus, a small investor can hardly think of earning a deposit bonus with them. First, one needs to deposit at least $500 and then needs to carry out a trade 20 times the bonus amount.
Technical Analysis
Traders can find several types of technical analysis and tools with hedefoption which can make their trading task simple and more profitable. Traders can have an access to their Daily Market Review and Weekly Market Review which can bring them key market reports for their profitable trading. They also provide Expired Rates and Expiry Rates Rules of the financial instruments which can prove very helpful for investors to choose suitable assets to invest and stay profitable. Besides these tools, traders will not get other advanced tools such as historical data, charts and alerts. Many traders who rely on such advanced tools for doing an in-depth analysis of the market may not find a great help from hedefoption.
Learning & Support
hedefoption does not offer any demo account and their trading platform Protrader online is relatively new to the traders. In such a case, they should offer comprehensive learning resources to their clients. But they have only a Demo Video and a How to Trade section on their website. These educational contents could be of little help both for newbie and experienced traders alike. They could have provided more advanced type of resources that could explain their platform and trading in a step by step manner.
However, they have a very good customer support mechanism where a customer care executive instantly comes to your help via their online chat system. You can get all your queries answered and can make a sensible trading decision.
Conclusion
For a beginner, hedefoption does not have a demo account. A small investor can hardly think of earning a bonus with them. But the minimum deposit amount of $100 and the minimum trade size of $10 can certainly be a plus point for them. At the same time, the non-regulatory status of hedefoption could be a big issue for an experienced trader. But the deposit bonuses could be very tempting for many big investors. However, traders need to learn more about their trading platform, before they think of making money with them.