OneTwoTrade Review

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OneTwoTrade

Rating: 8.0/10
OneTwoTrade Home Page Screenshot OneTwoTrade Trading Platform Screenshot
Broker OneTwoTrade
US Traders Accepted
Company Name Up & Down Marketing Limited
Headquarters London, UK
Regulation Lotteries and Gaming Authority in Malta (license number LGA/CL2/774/2011)
Max Payout 70%
Out-of-Money Reward 10%
Trading Platform SpotOption
Deposit Options Credit/debit cards, Skrill, wire transfer
Deposit Currencies British Pound
Minimum Deposit £100
Minimum Trade £1
Maximum Trade £1,500
Online Since 2010
Trading Instruments Forex, Indices, Commodities, Indices
Number of Trading Instruments 101
Binary Option Types Up & Down, Over & Under, ProTrader, 60 Second , Create a SmartOption
Customer Support Types One-to-one personal support by experts, live chat, e-mail, London phone number
Education Offered Video Tutorials, Seminar, Webinar, E-book, Quick Trading Tips
Tools Offered Google Finance News, Bloomberg News, Reuters News, free stock quotes, stock exchange prices, stock market news, and online stock trading tools from NASDAQ, live share & stock prices, charts, indexes including FTSE 100 index, business news from London Stock Exchange
Commission No fee to withdraw funds over the amount of £200 via credit card, otherwise a fee of £39 (for less than £200), in addition to a processing fee of £30 for bank transfer
Languages English
Demo Account No

OneTwo Trade is marketed by Up & Down Marketing Limited, which is registered in Malta but headquartered in London. The company is regulated by the Lotteries and Gaming Authority in Malta and is a fairly popular online broker because of its regulatory status and offering excellent customer satisfaction. Well, with their brilliant customer care approach, they are certainly going to wow you. As soon as you open your free account with them, you will receive a call from their customer care team based in London, asking you to assist in completing the account opening process and extending further help to clear any doubts regarding trading with them. You may receive several calls from them, if you don’t fund your account in next few days. However, at times, you may feel this as a part of their marketing strategy with the callers maintaining a little pursuing approach to inspire you to at least fund your account. Anyways, besides calling, they send you an email as well, containing a video explaining about their platform and an e-book. This e-book is an excellent guide to help understand how you can trade with OneTwoTrade. They also provide you with a broker referral code, which will entitle you to enjoy an assistance of a personal account manager. Yes, they assign a personal account manager to each trader who endeavors to help optimize the profit level of the traders. This is however an excellent effort to help a trader to take maximum advantage of the OneTwo Trade platform and it can also be seen as their strategy to make loyal clients.

Despite their excellent customer support, there are few things that many traders may think as a limitation to start business with OneTwo Trade. One essential aspect could be their reliance on a single language and a single currency. Yes, they only support English language and accept funds in GB Pounds only. They do not allow funding of accounts in dollars and other prominent global currencies, and do not facilitate trading to the US investors. If they would have allowed trading in other currencies too, probably it would have helped them to expand their user base. However, they allow opening you a live account with a minimum deposit of £100 only. One can start trading with just £1 and the maximum trade size could be £1,500. They offer the same industry-leading web based SmartOption trading platform and also have mobile apps to facilitate trading while on the move using your iPhone. They offer several money deposit options such as credit cards, Moneybooker and bank transfers. One is allowed to choose the same withdrawal option as his deposit option. They do not charge any withdrawal fee for the amount of 200 pounds withdrawn via credit cards otherwise a fee of £39 will be applicable for an amount less than £200. An additional processing fee of 30 pounds will be charged in case of a bank transfer.

Trading Choices

OneTwo Trade offers a sufficient number of instruments to the traders with 101 financial instruments in their portfolio. With an average payout of 70-80%, they offer good trading potentials and provide an out of money guarantee of 10% as well. Besides offering conventional trading opportunities of up & down and over & under, OneTwo Trade offers several other trading opportunities to trade and multiply the earnings. For example, a trader can try their sophisticated platform ProTrader that provides detailed asset information with an earning potential of 80%. The platform aligns excellent asset graphs and trader choices to provide you with a better control on your trade using ProTrader. One can also try their 60 Second Options where their fast information and market news dissemination services will guide you to operate multiple contracts in just 60 seconds. For all traders who love to take benefit of dramatically fast unidirectional 60 second options trading, OneTwoTrade offers sufficient knowledge, tools and guidance. OneTwoTrade offers mobile trade possibilities as well with their trading app which is available for free download on the iTunes App Store. Using this app, one can conveniently start trading with their iPhone. The mobile trader of OneTwoTrade allows creating SmartOptions for trading while traveling. However, they limit one SmartOptions trading per trading day only.

OneTwoTrade also offers bonus opportunities to their traders. They offer one time trading credits which are often part of their promotional programs. Besides, one can earn referral bonuses of £25 each for referring to the friends. However, a trader can withdraw any bonus amount after carrying out a transaction of 15 times of the combined value of their initial deposit amount and bonus amount. For example, if you deposit £100 with them and earn a referral bonus of £25, you need to conduct a minimum trade of 15 times of £125 so that you will be eligible to withdraw your bonus amount.

Technical Analysis

OneTwoTrade provides several types of technical analysis and tools that a trader will always find useful to start trading with them with more confidence, and thus would be in a better position to make profits. They bring you a host of trading tools and live online news straight from NASDAQ. Besides one can take help of stock prices, charts, indexes including FTSE 100 index that they bring from the London Stock Exchange. Besides all this, they provide you live news updates from the world of business and finance from some of the best sources such as Google Finance News, Bloomberg News and Reuters News. So, a trader can develop adequate market insight to enjoy profitable trading with OneTwoTrade.

Learning & Support

OneTwoTrade deserves an appreciation when it comes to aligning the benefits of learning and support to their traders. They offer a host of learning resources that any newbie trader will find useful in developing an insight about binary options trading. They have several Video Tutorials explaining different aspects of binary trading using the OneTwoTrade platform. They conduct seminars from time to time and can register for their free seminars to be conducted in London. If you cannot attend their seminar, you can participate in their Online Webinars which are very interactive and will help sharpen your trading skills. One can also download their free e-book. This 40 page e-book is an excellent resource to learn everything about them and the binary trading. Besides they have Quick Trading Tips on their website to help the traders to start trading with them.

They also assign personal accounts managers to assist the traders who extend their one to one personal support to them. Their support team is always attentive on Live Chat and phones to clear all your doubts very swiftly. They believe in replying fast whether you e-mail them or call them and this is a good practice to support the traders and help them to do their business while being informed and with more confidence.

Conclusion

Here, their unique money back policy deserves a mention. OneTwoTrade assures that they will refund 110% of the total amount traded with them to a trader, if he has ten consecutive unsuccessful trades with them. However, there are several conditions to be met in order to claim this money refund. For example, all ten trades must be consecutive, fully paid and for the identical amount. In any case, besides offering 10% out of money reward, this kind of money back shows that they want their traders to make money with them but not to lose money. Moreover, they are a regulated company and they align a host of learning and support resources to their traders. Still a trader fails to get a payout in ten consecutive terms, they will refund the money. So, even a novice trader is hardly going to lose anything with them. The only limitation can be their dependency on the single currency of GB Pound. They seem to be more interested in catering to the traders of the EU region only. While they are offering an advanced web-based trading platform and a mobile trader as well, they probably need to think to extend their services to the global trading community.

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