If you have experience with CFD / Forexs trading, you will be glad that the familiar SpotOption trading platform powers this site. If you are a beginner in this type of trading, this is the best platform that you can learn on as it is intuitive and easy to navigate.
Your First Trade
To transact your first trade, you need to open an account with this broker. This requires a minimum deposit of $250, which can double up due the 100% welcome bonus that is offered to some traders. Once you have opened your account, you can use up to $1,500 in each trade. However, it is important that you learn how to use the platform first, and get familiar with what is on offer. The free demo account with no strings attached enables you to do just that. Being a great broker means that you should be informed, and after practicing with the demo account you will be in a better position to get a good return right from your first trade.
OX Markets Trading Platform — Using The Famous SpotOption Trading Platform
Assets and Options
You will find that there are more than 100 assets for you to choose from. These include stocks, indices, currency pairs and commodities. There are several popular options that you can choose from on OX Markets. These include CFD / Forexs which feature the traditional call and put options. The pay out for these goes up to 85%.
Then there are 60 seconds options, which are thrilling for the trader who is looking to make a quick return in minimal time. For a more long term approach, the long term options with expire period that are between two or more days can be chosen.
You may also select pairs where you can compare the values of two assets and based on their performance, make a decision that you believe will lead to a profit.
For high returns, there are the one touch and ladder options. The one touch option is able to earn a pay out of 500% based on what happens with the price of an underlying asset, and the ladder option can reach up to 800% as the pay out amount.
The forex trading options are also highly favoured amongst traders and they continue to consistently grow in their popularity.
After you have put in your deposit, traded, and made some profit, you will want to withdraw and keep your winnings. You can withdraw using credit or debit cards or wire transfers. The lowest amount that you can withdraw is $100. You will need to follow the usual withdrawal procedure of providing your personal information and identification to get your funds. There are no fees charged for withdrawing, so your profit amounts will not be affected.
This broker promises to simplify trading for all, and it has done this by choosing a highly technically advanced trading platform for its customers. For further support, customer care is available 24/7.