Dragon Options Review

This binary broker is owned by Dragon Options Ltd and is located in London, England and Limassol Cyprus. The platform is suitable for traders who speak Russian but is also available in English, Turkish and Arabic. After gaining traction in the binary market, the binary broker relocated to London moving from its initial base in Russia. However, this binary options trader is not available for traders in the United States. Dragon Options has been in operation since 2011, and is well regulated. The site has also received several awards. Dragon Options is powered by SpotOption which is one of…

Review Overview

Customer Service
Asset Choice
Withdrawal
Bonus Offers
Deposit Method

Good

Summary : Dragon options offers trading on their platform that includes basic information about binary options trade. They also have an e-book on their website plus video courses and weekly updates on market reviews, expiry dates and a financial calendar.

This binary broker is owned by Dragon Options Ltd and is located in London, England and Limassol Cyprus. The platform is suitable for traders who speak Russian but is also available in English, Turkish and Arabic. After gaining traction in the binary market, the binary broker relocated to London moving from its initial base in Russia. However, this binary options trader is not available for traders in the United States. Dragon Options has been in operation since 2011, and is well regulated. The site has also received several awards.

Dragon Options is powered by SpotOption which is one of the most popular binary options trading platforms in the industry. It should be noted that Dragon Options does not offer a demo account like most popular binary platforms. Once you open an account with Dragon Options, it becomes a live account automatically. A little experience with binary options trading would be of benefit.

Dragon options offers a huge selection of over 100 underlying assets with most of them being stocks. Indices, commodities and currencies are also tradable with Dragon Options from call/put trades, options builder, one touch and 60 seconds.

Dragon Options Trading Platform

Dragon Options Trading Platform

 

Account Types

Registration to use the site is free, and it is necessary to create an account in order to begin trading. There are three different types of accounts, and each has its own minimum deposit requirement. The Dragon basic needs a minimum deposit of between $200 and $999. It is possible to get a match bonus of up to $1000. With this account, the benefits that you will enjoy include training, market reviews, customer support 24/7 and a 3-day withdrawal process.

This account is followed by the Dragon Pro, which also happens to be the account type that brokers on this site prefer. It requires a deposit between $1000 and $4999 to earn certain benefits including the pro bonus program and the personal platform presentation.

The next account you can choose is the Dragon Premium, where your deposit will range between $5000 and $100000. You will have a personal training manager to take you through the processes, a premium bonus program and a VIP line that enables you to reach the customer care representatives in record time and at your convenience. All this is in addition to what you would get with the Dragon Pro.

 

Deposits and Withdrawals

There are various avenues that you can use to make your deposits and withdrawals with this broker. You can use credit and debit cards, CashU, Skrill and bank wore transfers. There are some fees that you need to be aware of. When you have a withdrawal that is below $500, you will have to pay a fee of $30. It is possible to make a maximum of three withdrawals in a month.

Your withdrawals may also be affected by any monthly bonus deals that you sign up for. As all of these have varying terms and conditions, it is important that you go through them before deciding to take a bonus.

 

Additional Features and Resources

Dragon options offers trading on their platform that includes basic information about binary options trade. They also have an e-book on their website plus video courses and weekly updates on market reviews, expiry dates and a financial calendar. Customers who have higher deposits enjoy advanced features.

 

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