AskOption Broker Review

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AskOption Review

AskOption was an unlicensed binary options broker that is owned by the PeakMedia Group . They are located at Blades Enterprise Centre, John Street, Sheffield, South Yorkshire, S2 4SW, United Kingdom.

Their phone number is +44 203 519 8515, and email address is [email protected] .

For broker complaints & withdrawal problems, go here.

Warning: With most robot trading systems you will lose all your money, read why.

The most popular automated trading robot are listed here.

Trading Platform Review

AskOption is a broker using the popular Panda Trading System, which is the provider of the binary options trading platform. Investors using this software have a wide variety of assets available to trade on including; Forex Pairs, Commodities, Stocks / Shares and Global Stock Market Indexes.

Their selection of option types include: Speed Trading (Hyper) at 30 / 60 second increments plus 2 min, 5 min, and 10 minute options), High / Low, One Touch and Range Options. Returns on high low options are as high as 85%. The Panda trading software offers copy / follow trading also. Starter accounts require a $250 initial deposit.

AskOption Binary Option Brokers

AskOption License

When the Scam Broker Investigator reviews a broker to see if they are a scam or real broker, we check for a variety of items. The first item we look for is to know if they are licensed and regulated by CySEC in Cyprus, or the CFTC in the United States.

AskOption is not a licensed broker.

The best way to choose a binary options broker is by checking the list of licensed brokers. FINRA published an investor alert regarding offshore binary options brokers. Read the alert on FINRA’s website here.

Compare AskOption

PepperStone is a very popular broker that is licensed by ASIC. They offer a variety of unique trading platforms, see here.

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CM Trading is Forex broker that is licensed by the FSB in South Africa, see here. They offer the Sirix and CopyKat trading platforms, read more at: CMTrading.com.

If you are currently trading with AskOption, please tell other investors what you experience has been, in the comment section below.

ASK Option Broker Review

ASKOption is a relatively new binary options broker, having only appeared in the financial market in 2020. Operated and owned by the Peak Media Group Ltd with their base in the city of London in the UK, this broker offers investors the chance of binary options trading with high payoffs of up to 85%. Although this is a fairly new broker, ASKOption already have quite a large and loyal client base thanks to their concentrated social media and social trading approach. Their innovative methods have led to them becoming a popular and exciting choice among those looking for a new binary options broker. If you are interested in switching brokers or are taking your first steps into binary options trading, this ASKOption binary options broker review will give you enough information about the services and featured offered by this provider to help you to decide easily whether this could be the right choice of broker to meet your individual needs.

Review

Review

ASKOption Account Types and Trading Options

ASKOption have no less than 6 different account types to choose from, so it couldn’t be simpler to find out to meet your needs, regardless of how much experience you have in binary options trading. In order to open the lowest level Basic account, you need a deposit of between $250 and $499, making it a good choice for those dipping their toes in the water of the financial markets for the first time. Those with more experience will prefer one of the higher level accounts which come with a variety of benefits. These benefits include the services of an assigned senior broker, daily market reviews, access to educational resources and expedited withdrawals, with the advantages increasing with the higher level accounts. The Mini account requires a deposit of between $500 and $999 while the Standard account requires a $1000 to $4999 deposit, and there are three accounts that are more suited to the needs of the experienced and professional trader including the Premium account with its minimum deposit of $5000, the Ultra which requires a deposit of $15000 and the top level VIP account which necessitates a $50,000 investment. There are more than 80 tradable assets to select from overall, across a broad spectrum of commodities, currencies, indices and stocks. Account holders have a great choice of options, from basic High/Low to Boundary, One Touch, Pairs and 60 Seconds. There is also the option of Rollover and early exit to minimise risk.

ASKOption Trading Platform

ASKOption have chosen to use the Panda TS trading platform which is user friendly and intuitive. The Panda platform is especially well known for its social trading focus and its helpful client features. It can also be accessed via a mobile application which is available for download from either the Apple Store or the Google Play Store. The trading platform also offers an impressive range of educational resources to assist newcomers to binary options trading to find their feet in the markets as well as advanced courses which are aimed at honing the skills of more experienced traders. The website offers traders a great range of expiry times on all trades, from as short as 30 seconds right up to end of day trades. That means that there is something for everyone, from those who appreciate longer term trades to those who enjoy the excitement of a fast paced trading environment.

ASKOption Customer Support and Deposit and Withdrawal Options

ASKOption provide customer support in several different languages including Russian, Arabic and English for the convenience of their clients. The website has a web form which can be completed to obtain further information as well as an email address which can be used to contact the support team. The site also lists five different telephone numbers, one in the UK, one in the United States, one in Canada, one in Australia and one in Russia. These numbers are open for use between the hours of 8 am and 11 pm GMT by anyone who requires an urgent response to their query. There is also a Live Chat facility on the website where clients can receive instant information.

ASKOption have secure banking methods available for traders to use when depositing and withdrawing funds into and from their trading accounts. Five major currencies are supported for trading – the US Dollar, Australian Dollar, Canadian Dollar, British Pound Sterling and the Euro, however there are only three methods available to choose from, all of which are traditional forms of payment – credit card, debit card and bank wire transfer. This means that those investors who prefer to use the more modern e-Wallet methods will be disappointed. Withdrawal requests are processed within three to five days once the necessary documentation has been received and reviewed. This is a security feature which is welcomed by those investors who value the safety of their financial information. The minimum deposit required for an ASKOption trading account is $250 and the minimum trade value has been set at $15.

Overall, ASKOption is becoming a more popular choice among traders who like the concept of social trading, however their lack of variety in their withdrawal and deposit methods does pose a drawback for those who appreciate the convenience of the e-Wallet methods. ASKOption’s customer service is reputedly good, however, and their excellent range of different accounts mean that it appeals to a wide audience.

ASKoption Review

Overview

ASKoption’s key mission is to give investors the opportunity to invest their capital in binary options through our trading platform, regardless of their geographical location and level of experience.

Details

Broker Early Expire Average Return Min Deposit Min Trade Rating More
95% $ 250 $ 1 ★★★★★
× 95% $ 250 $ 1 ★★★★★
× 85% $ 250 $ 1 ★★★★
Broker ASKoption
Website URL www.askoption.com
Founded 2020
Free Demo Account
US Traders Allowed
Mobile Trading
Tablet Trading
Overall Score 8.1/10

Full Review

Features

Traders have the option to trade binary options for 30 seconds, 60 seconds, 2 minutes, 5 minutes and 10 minutes. The trading platform is available in English and Arabic, and these are also languages of their customer service. The minimum deposit to open a new account is $ 250, while the minimum transaction amount is $ 5.

• Trading software: This broker uses a Panda TS platform, which is quite popular among the binary options brokers. Easy to use and well designed, an overview of its interface can be found on the website. In addition to assisting traders to make transactions, the platform allows you to copy trades of other successful traders, and users can also create their own, through the use of Option Builder. The mobile trading application, which runs on Android and iOS devices, was designed to facilitate trade in motion. Traders can get free mobile app in the store Play Google or Apple App Store.
• Trading Tools and resources: There are various options at AskOption site, which have been designed for comfortable trading. Some of these include a separate section to financial news that informs traders about what is happening in global financial markets, also the traders can gain access to the market analysis and daily reviews. Traders can also improve their trading skills through education option which is a series of educational materials, such as risk management tools, trading strategy, trading tutorials, training videos and e-books. In addition, traders will find a glossary, financial calendars, plus a very extensive FAQ.

• Bonus conditions: When it comes to bonus payments, traders must first clearly understand the conditions before they take any bonuses. To withdraw the bonus amount or any profits if the bonus was involved in it, you have to make a deal with the trading volume of 30 times times the bonus amount. This means that if, for example, you are offered a bonus of $ 100, you have to place trades for a total amount equal to or above $ 3000 before it will be possible to draw a conclusion.

If we find complaints about AskOption, we will post it on social media. Follow us to be well informed:

Deposits and withdrawal

Traders at AskOption can deposit funds into their trading accounts via bank transfer or credit / debit card.
The minimum deposit amount at AskOption set at $ 250.
Traders can deposit money in the form of USD, GBP, EUR, CAD, and AUD. The maximum deposit amount is set at $ 20 000 for a credit / debit card, but there are no restrictions for the bank transfer.
You can invest a minimum of $ 5, while the maximum limit is set at $ 500 for Hyper options and $ 5,000 for other types of options.
Currently the minimum withdrawal amount is set at $ 30 for a credit card, with a maximum of $ 20,000 minimum for wire transfer is $ 100 and has no restrictions.

Conclusion

Expecting that AskOption and its trading platform will do the job for you would be a great folly. This broker has no complaints in terms of technical equipment and support, as the system will help you to predict the course of trade, and extensive training base will help you to achieve this. As one of the leading binary options brokers in the world, AskOption, has many specific and unique features and bonuses. Online traders can use them effectively. The AskOption platform meets the highest standards of reliability and security of personal data. All of this leaves no doubt that AskOption considered as one of the finest brokers in today’s market of binary options.

Best Binary Options Brokers 2020:
  • BINARIUM
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    Best Binary Broker 2020!
    Perfect for Beginners!
    Free Trading Education! Free Demo Acc!
    Get Your Sign-up Bonus Now:

  • BINOMO
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    Trustful broker.

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