OptionWeb First Regulated Broker Review

OptionWeb

OptionWeb is Europe’s First Regulated Broker

For all of our European readers out there, we’ve found a binary broker that really stands out from the crowd and that broker is OptionWeb.  This might be one of the most transparent and professional brokers we’ve ever come across.  Not only do they have an excellent trading platform but they go out of their way to really put the important information in front of you.  Unlike many other brokers, OptionWeb happily displays their company information for all to see.  There is nothing hidden here and this is an impressive aspect of this review.  Right off the bat, we know who we’re dealing with.  We can see that the company is owned by Lionsman Capital Markets, an investment firm operating out of Cyprus.  Not only is that information nice to see but OptionWeb has also taken regulation very seriously as they have become the first regulated broker in Europe by both CySec and the FSA out of the United Kingdom.
What does that mean for you?  Well, aside from a broker who has all of their ducks in a row, you get the added peace of mind that OptionWeb takes what they do very seriously.  Opened for business back in 2012, the company is relatively new but the fact that they are so transparent from these early stages is a great sign.  As part of their licensing stipulations, they do not accept US traders on their platform.  This is truly a European broker who focuses on bringing binary options to European traders in a safe and regulated manner.
As for the review itself, the customer service was very good.  They are not pushy at all and are in place to answer your questions more than anything.  Connection times are great and the email responses were just shy of half an hour making them very easy to get a hold of.  The site itself is very well laid out and appealing to the eye.  OptionWeb presents the information in a very easy to follow way without all the clutter and unnecessary bits that we see so often on other brokerages.
As for deposits, the minimum is the standard $200 but what we really liked is that their minimum trades are very low, set at just $5 allowing traders to get in on the action of any asset for far less than most brokers will allow.  Their banking and transaction methods are top notch and their withdrawal times are just 3 days and protected as per the stipulations of their regulation.  Overall, for a broker that focuses solely on Europe, this is hands down our top binary broker for that region.  They have 24 hour support staff who are fluent in French, Italian and German with plans to add more languages this year.
OptionWeb Review Findings:   
Minimum needed to open an account – $200
Regulation Status – Regulated by CySec and FSA
Withdrawal Fees – First withdrawal per month is free.  Others incur a small charge.
Minimum/Maximum trade amount – $5/$5000
Languages – English, French, Italian, with more languages in the works
Customer Service – 24 hours via Live Chat, Call, Email
Current Incentives – Will offer up to 100% bonus to new traders.  Also insure all first trades.

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