Welcome to our Start Options review site. Throughout this page we will be reviewing StartOptions.com and finding out if it is a good binary option platform or not. We will be reviewing some of the most important aspects that will help you trade on Start Options. We will also be looking to see if Start Options is a scam or if it can be trusted. If you enjoy reading our Startoptions review then please post your comment or story at the end of the review for others to share.

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In early 2010, StartOptions was introduced to the trading world with MarketPunter as the trading name and is managed by Market Punter Pty Ltd. This is an online brokerage which specializes in binary options trading. They accommodates institutional and retail clients, offering a unique trading experience on many different underlying assets including stocks, currencies, indices and commodities. Similar to the other platforms for binary option trading, they're 100% web-based so there is no need to download and install software. They are offering binary options for forty underlying assets throughout the United States and the United Kingdom.

The aim of StartOptions is to supply a fun and simple alternative to the trading experience that investors are used to with the traditional challenging online brokerage industry. They are doing this by keeping transparent prices, developing an exceptional customer support repertoire and allowing aspiring traders to practice absolutely free.

Whether hedging, speculating or basically looking for a simplistic trading experience, this brokerage is challenging clients to start off their trading options with them to take advantage of smarter and much better financial investment opportunities.

At the moment, the returns offered on this trading platform for in-the-money trading options are as much as 75%, which is in theory competitive within the industry. But the lower range of the rate for returns is not outlined so there is some uncertainty about the benefits. They are offering a standard return of 10% for options ending out-of-the-money, which is a reasonable level for this industry, because it is standard for all the options.

StartOptions website is well presented, offers attractive bonuses for sign-ups and very easy to navigate. This is different because it's a white label website, based on the TradeSmarter technology. TradeSmarter state that their system is developed with the most stable and advanced technologies, making it possible for StartOptions to supply the market with the most secure, robust and reliable trading platform for binary options.

Special features:

• Refund of 10% for out-of-the-money options
• Bonuses for different deposit amounts
• Return rate of up to 75% for in-the-money options
• Daily review of the markets
• Open trading box displaying trade performance

More about the Trading platform:

Functionality

The registration process is free, short and simple, plus there is a comprehensive FAQ section provided with answers to the most common questions asked by traders. Money can be deposited USD, EURO and GBP. All the EURO and GBP deposits will be changed into USD based on the exchange rate on the day.

There is section for My Trades History that will show all personal trades, balances and transactions. In the My Account tab, you can get access to your personal details. You have two different ways to view the trading area, which could be either as a list or in boxes, making the website seem more personable.

Since this trading platform is web-based, the experience for buying will be smooth because you don't have to update software and you can make purchases from any computer. This site fails to mention the maximum amount for the option, so it’s hard to compare it to the competition.

Underlying assets

StartOptions is offering options on underlying assets as: 6 commodities; 10 forex currency pairs, 5 indices and 19 stocks, amassing forty assets available for purchase. Additionally, they offer an Asset Index page that is giving trading information for every asset.

Effective returns

It is possible to get effective return based on the overall percentage of returns provided on an option, which is 85% on the website. This is divided between in-the-money options for 75% and out-of-the-money options for 10%. A drawback for the website site is that there is no mention of the lowest return that is provide, so the lower end is not known for the effective return. Based on our research, the website was showing a rate for the lowest return as 55%, which gives the effective return a range of 65% to 85%.

Options expiration range

The website does not indicate the expiration times for the asset, so you have to rely on good luck to know which options will be available at a specific time.

Languages

This website is only accessible in English.

Commissions/Fees

Buyers are not charged a commission or fee to buy binary options, so they are free to place orders for any amount that they want. Withdrawals will not attract a charge if this was made with a credit card. But, a $30 fee is charged for processing for bank wire transfers.

Extras on the website

Members are supplied with helpful tools to assist them to maximize their trading experience. There is the Open trade chart that will allow traders to look at their existing trades in real-time and consequently follow their performance. There is also a Sentiment box that is offered showing the percentage that is split between the Puts and Calls for a collection of assets on that day. Daily review is also provided for the market, in addition to a weekly blog with important market details.

Payment methods

The deposits can be made using wire transfer, moneybookers and debit/credit cards.

Loyalty offers

There are four attractive bonuses offered for first time deposits based on the amount.

Finally, StartOptions is offering customer support from a team that is available online, on the phone and through live chat. There are Cyprus and UK phone numbers provided for you to speak to customer service team that is helpful and friendly.

Thank you for reading our Start Options review, we can conclude that Start Options is a sound binary option trading platform and it is not a scam. If you have your own Start Options review or scam story to share then please post your comment below for others to read.