Winner-Option Review
Notice: Winner-Option is now 24Winner.com
Notice – 24Winner is No Longer Available.
Editor’s Note – Why does Winner-Option Suck in 50 Words?
This broker might suck because it is yet another in a long string of white label brokers. Unlike what you are probably thinking, this is not a SpotOption white label but an off-shoot of the TopOption/Markets.com Empire operated by Safecap Investments. The company is located in Cyprus and regulated by CySEC but that only gets you so far. You have to ask yourself, why does the same company need to have more than one label?
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Why Winner-Option doesn’t Suck?
First, it is CySEC and FCA regulated, that counts for something. Next, it is built on the Keystone Platform, a binary platform created by Markets.com, a respected forex platform. The platform is quite extensive and comes with some of the most advanced trading in binary. It is a little limited in the area of assets and expiries but not too bad.
Winner-Option.com Full Review – Winner-Option Maybe A Winner?
Winner-Option.com is a broker built on the Keystone Platform. This platform comes with a full array of features including Classic high/low binary, Touch/No Touch, ProOption and Speedmaster. The Classic is the typical call/put binary option trading you find on any platform. The Touch/No Touch is the same. These options pay up to 500% but the standard pay more in the range of 70-80%. The ProOption is where you will find most of the special features this broker has to offer. ProOption allows for Early Out, Double Up and Rollover of positions. The Speedmaster is what they call 60 Second trading.
The trading platform is balanced by a pretty extensive asset list but I have found that some assets are not always available. There are over 100 international stocks, more than 2 dozen indices, and a dozen or more forex pairs and commodities including wheat, corn and silver. The real limitation of the platform is it’s short term nature. Expiries are limited to intra-day or 60 Second trading. There are several expiry’s, just all for that day.
Deposits are easy and can be made using over 40 different methods including credit cards, wires and Skrill. The minimum deposit is only $100 which is pretty low, the minimum trade is only $10. Withdrawals are a little easier than the average broker because of CySEC regulation. Withdrawals can be made at any time following ID verification and have no minimums or maximums except those imposed by the credit card companies. There are also no commissions or fees for withdrawals. Bonuses are also available but come with a 40X trading volume, a little high for the industry. However, also because of CySEC, you can make withdrawals of your money, bonus and profits on a sliding scale before the entire minimum is met.
Is Winner-Option.com A Scam?
It is not likely that Winner-Option.com is a scam. Why? Because of CySEC regulation. This does not mean that it is not a scammy broker but that is yet to be determined. For now this is a new broker with a fresh look. In time it may prove to be a great broker but at this time it is just another broker.
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Winner-Options Complaints
So far I have not found any credible complaints. Of course there are the usual whiners complaining about bonus scams but if they read the terms and conditions they wouldn’t be in that situation. Other than that comments seem to be good and suggest quick turn around on withdrawals.
Wininer-Option.com Bonus
Winner-Option.com offers a bonus that could be up to 100% of your initial deposit. There are also other one-time bonuses that you may be offered. These come with at minimum a 40X trading volume on the bonus amount which is a little high. However, unlike other bonuses, this is a CySEC bonus so you can still withdraw your money, and even some of your profits, before reaching the volume requirements.
Winner-Options.com Withdrawal
Withdrawals are as quick as they can be for a binary options broker, provided you have submitted approved ID documents and have taken no bonus. Process time is usually about 3 days and your funds could be back in your account within 5 days after that depending on method. There are no fees and no limits on withdrawals except in the case of credit cards. CC’s are limited to the initial amount withdrawn, the remainder to be paid by wire.
Winner-Option.com Ratings
User Friendly 17/20
The website and platform are user friendly. The set up is easy to follow, the trades easy to make. However, in order to gain access to all the information available you have to sign up with them so that is a minor negative. Website is available in 6 languages.
Number of Assets/Expiry 12/20
The asset list is quite extensive and one that would surely attract active traders. There are 17 Stocks, 12 currency pairs (Forex), 8 Commodities and 16 indices. The caveat is that they are not always available. Expiry is good too, for day traders, but non-existent for anything beyond end of the day.
Commissions, Support and Effective Rate 15/20
Commissions are non-existent, as with all binary brokers, there are also no withdrawal fees. Support is OK but you have to make a large deposit, over $5,000 for serious attention. The effective rates are good, ranging between 70-80% for most assets.
Deposit, Payment and Bonus 16/20
Deposits are quick and easy and come with a large number of possible methods. Payments are also pretty quick. It usually takes between 3-5 business days depending on method. The bonus is also OK, even though bonuses suck. It comes with a 40X minimum volume but you can make withdrawals before meeting the minimum and not void it and your profits.
Website Extra’s 10/20
There are a few website extra’s but nothing I haven’t seen with other, more established, brokers. Winner-Option.com has Rollover, Early Out and Double Up features to help you lock in profits or cut losses as the situation demands.
Winner-Option.com Overall Ratings 70 + Regulated (+3) = 73/100
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