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Overview

The trading platform OptionBit was created by the company Novox Capital Ltd. Traders from different countries can trade various assets on it, selecting different types of options.

The Head Office of the company Novox Capital Ltd. is located in Nicosia, Cyprus, and its trading platform OptionBit is available in English, French, Italian, Russian, German, Chinese, Spanish, Arabic, Czech and Portuguese.

Traders will be able to find a large number of materials that will help them to learn binary options trading on the official website of OptionBit. If any questions arise during studying binary options, traders can apply to employees of the company, who always answer any questions. In addition, users can pass individual training with a professional financial analyst, who will explain the basics of binary options trading.

OptionBit regularly organizes for its traders different promotions, where they can win great cash prizes or receive excellent deposit bonuses. In addition, on the site of the company the monthly tournament with a prize pool that comprises $30,000 is held for traders, and anyone can become an owner of a part of the prize pool.

Bonuses

Various promotions are regularly held on the trading platform OptionBit, where winners will receive valuable gifts, prizes and bonuses.

The first deposit bonus can be received by each trader, who has registered with OptionBit, becoming its client. Traders need to fund an account to receive this bonus by choosing one of the methods offered by the company. When funds are transferred to the account, employees of OptionBit will credit bonus. The bonus amount can vary, since it depends on the first deposit, but from the beginning it is available for trading binary options. The first deposit bonus can also be withdrawn from the account. Traders should make a trade turnover using binary options to do that. It should exceed forty times the amount of the bonus.

Regular customers often receive bonuses for repeated deposits. Bonus funds, provided by OptionBit, can be used for any kind of trading options. Bonus for the repeated deposit can not be withdrawn according to the rules of the company.

Promoting its mobile version, OptionBit organizes a promotion, where 10 exclusive iPad are drawn. To participate in this promotion, traders just need to download the mobile version of the trading platform OptionBit and trade binary options using it. Winners will be determined randomly. New iPad will be sent to them.

The tournament for traders takes place each month on the site of OptionBit, whose participants compete for the prize pool, which is equal to $30,000. Traders, who have the greatest profit based on the results of the tournament, will be its winners.

Prize pool of the tournament is distributed in the following way:

- the 1st place - 6,000 dollars

- the 2nd place - 3,000 dollars

- the 3rd place - 2,000 dollars

- the 4th place - 1,500 dollars

- the 5th place - 1,000 dollars

- the 6th-10th places - 900 dollars

- the 11th-20th places - 500 dollars

- the 21th-30th places - 250 dollars

- the 31th-50th places - 125 dollars

- the 51th-70th places - 60 dollars

- the 71th-100th places -30 dollars.

Training

OptionBit offers high-quality training for beginners, based on materials published on its official website, as well as individual training, which is conducted by leading analysts of the company.

Educational materials about options trading.

1. For novice traders:

- what are binary options

- how to trade option touch/no touch

- how to trade option turbo

- how to trade option range

- how to trade option one touch

- how to trade classic options.

2. Video tutorials for novice traders in binary options:

- brief information about binary options

- review of global markets and exchanges

- what are advantages of binary options trading

- binary options trading

- how to calculate risks correctly in options trading

- how to mange emotions in binary options trading

- main rules for money management.

3. Video tutorials for experienced traders:

- types of analysis that are used in trading

- advantages of market technical analysis

- basics of fundamental analysis

- how to trade binary options using important financial news

- identification of trends with the help of various types of analysis

- trends and their role in binary options trading

- three white soldiers pattern

- breakout pattern

- shooting star pattern

- downside gap three methods

- engulfing pattern

- harami pattern

- support and resistance levels relating to binary options.

4. Types of binary options:

- classic options

- range option

- 60 seconds option

- one touch option

- touch/no touch option.

If any questions about binary options trading arise during studying materials about them, traders can contact their personal managers who will help in solving them.

OptionBit organizes individual training, conducted by leading financial analysts of the company. Training is conducted through online chat or by phone. The program of training includes individual lessons that will help beginners to understand binary options, their types, selection of trading assets, ways of trading different types of options and strategies of using binary options. Traders may apply for a further in-depth study of binary options trading after graduation.

Terms of trading

OptionBit offers traders the following conditions of trading on the global financial market:

- financial tools: securities, commodities, currency pairs and indices

- types of binary options: one touch, digital, range, touch\no touch, turbo

- web platform OptionBit for options trading

- the minimum deposit is $250

- the minimum transaction size is $1

- profit from a transaction is up to 80%

- insurance is from 5% to 15%.

After registration on the trading platform OptionBit traders can open trading accounts, which should be funded by one of the available methods to start trading binary options. If traders experience difficulties with opening an account, they have the opportunity to address the personal manager. If he is not assigned, they can contact the staff of the support service or wait for 24 hours. Within 24 hours after registration with the trader employees of the company will contact the trader and explain him everything about trading accounts and their replenishment.

Forex indicators (for binary options)

- AllPivotPoint

- Price Alert

- MTrend Line Alert

- Morning Flat

- Super Trend.

Forex indicators are indispensable assistants for all traders, as they help them to carry out comprehensive analysis of the market, but it can be done only using the trading platform Meta Trader 4. These Forex indicators can not be used on the trading platform OptionBit.

Binary options strategy

- Bollinger+AXD is a strategy that is intended for the search for the beginning and end of trends and their reversals, and this is done with the help of the technical indicator AXD and Bollinger Bands. When the beginning and the reversal of trends are found, traders can only select one of the options, for example, classic or one touch, which bring good profits on trends.

- pivot points is a strategy for binary options that shows good results, since support and resistance levels are used for the technical analysis of the market, showing the beginning, end or reversal of trends for different assets.

- binary fly 2.0 is a quite simple strategy for binary options that implies the use of technical analysis and search for Gartley Butterfly, which shows reversals, the beginning and the end of trends. This information will be useful for trading classic, one touch and 60 seconds options.

Unique features

The signal system Algobit should be mentioned among the unique features of OptionBit, since it gives accurate forecasts for a variety of options and assets in 99% of 100%. Algobit is created by high-class specialists of Novox Capital Ltd to allow even novice traders, who have not yet understood the intricacies of technical and fundamental analysis, to start trading binary options and do not suffer from losses.

The next unique offer from OptionBit is its affiliate program. It is possible to make profits on binary options without investing funds and without risking them by the affiliate program of OptionBit, where a priority is attraction of new customers. Partners will receive in the future monthly interest from referred clients from OptionBit. Interest is accrued on the basis of the total turnover of referred customers. OptionBit provides partners with various marketing materials for attraction of new customers. It also organizes education and provides open statistics for all its customers.

Add/withdraw funds

Traders of OptionBit can use the following methods to fund accounts and withdraw funds from them: Master Card, Visa, Neteller, Web Money, moneta.ru, Yandex Money and bank transfers.

Contacts

Traders can use the feedback form, located on the website, phone +7 (499) 918-65-23 and online chat to communicate with employees of the support service of OptionBit.

Cons and pros

+ the famous binary options broker

+ a wide range of options for different financial tools for trading

+ many learning materials

+ Forex deposit bonus.

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