CTOption Broker Review

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CTOption Review

This Broker is Out of Business! Read This…

CTOption was a binary options broker owned by InfiniCore Ltd., and located at The Jaycees Building, Stoney Ground, Kingstown, St. Vincent and The Grenadines. Their phone is +44 (203) 519 2322 and contact email is [email protected]

CTOption Review

CTOption is a different binary options broker in what sets them apart from other broker is the Panda trading platform that they use. While reviewing CT Option, we see that besides their unique trading platform, they offer traders an auto trading bot. Their auto trading bot scans for trading signals from over 140 assets. It will issue trade alert and you can trading directly with just a click.

CTOption has what is called the trade replicator. The trade replicator allows traders to auto trade / copy the trades of the top ten traders. They have a mobile trading app for both Android & iTunes, and the minimum deposit to start trading is $250.

CTOption Binary Options

CTOption License

What we look for in binary option brokers to determine if they are a legit broker or a scam broker is very simple. Are the licensed and regulated by CySEC in Cyprus, ASIC in Australia or the CFTC in the United States. When choosing a binary option broker it is important to check the list of regulated brokers to see if the broker you would like to open an account with is regulated by a government regulatory agency.

CTOption is not a licensed broker.

On June 6th 2020 the SEC wrote an investor alert regarding binary option scam brokers. Read entire alert on the SEC website here.

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For an updated list of licensed brokers, see here.

CTOption Broker Review

�� Demo Account:
⚖ Allows Hedging:
�� Allows Scalping:
�� Headquarters: United Kingdom
�� Founded:
�� Trading Platform(s): PandaTS
�� Regulating Authority(s):
�� Minimum Deposit: 250
�� Maximum Leverage:

Visit CTOption
Risk Warning: Your capital may be at risk

Our Review of CTOption

Company Overview

The online broker CTOption offers binary options trading to traders in over 90 countries worldwide. It offers trading in dollars, euro and pounds sterling.

Account Types + Opening

If you would like to get a feel for how CTOption works without committing yourself just yet, then why not open a free demo account with them? There are several ‘real’ account types with CTOption too, and it is very swift and simple to get started with them as all that potential account holders need to do is to fill in a quick online form. Choose a Mini account (which is ideal for beginners), a standard account or an Executive account (which is tailored towards professional traders). There is also an Islamic account option with CTOption.

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Promotions, Sign Up + Deposit Bonuses

CTOption offers, like many such brokers, a 100% bonus on initial deposits. The initial deposit amount will need to be $250 for you to open an account with them (and customers in the US often find that they need to deposit $500 instead of this $250), so you can start off trading with $500 or more. In addition, you will very often get your first withdrawal free with this broker.

Commissions and Fees

CTOption will typically take a commission of 10-20% on your trades. Fees are also associated with withdrawals; a fee of $50 applies to all withdrawals that do not come under the promotional offer of a free first withdrawal.

Trading Platform Review & Mobile Apps

The CTOption trading platform is a PandaTS platform, which makes a difference from the SpotOption platform that is so widely used by similar binary options brokers. The platform offers real time news, educational articles, and also emphasises customer support with web chat and phone lines both available around the clock. The whole feel of the site is refreshingly slick and transparent. CTOption also has a mobile app which is available via Google Play.

Deposits & Withdrawal Methods + Ease

Deposits and withdrawals can be done by local bank transfer, bank wire transfer, debit or credit card and by using online payment accounts (such as MoneyBooker). The minimum amount that traders can withdraw is $100.

Regulators & Safety: Are they a reliable, legitimate broker or a scam?

CTOption is not currently licensed, nor is it regulated. This may simply be down to the fact that it is a relatively new broker – indeed, reports suggest that CTOption is seeking a license from CySEC at the earliest possible opportunity. Though some traders have complaints about losing money on CTOption’s trading platform, all indications suggest that this is a legitimate broker rather than a scam site.

CTOption Broker Review

CTOption Broker Review | When you open the site for the first time, you will see, even at first glance that it is entirely expertly made. Market data is displayed in the little ticker line and all functions are found in the top section. All the main points can be found quickly and easily, including: where to open an account, promotions and bonuses, information about account types and demo accounts, banking options, detail about what binary options are, mobile trading, and educational materials. This is quite a usual layout but it is comprehensive and covers all the information that a trader might need.

CTOption Review

What really stands out on their site, and cannot be found on any of their rival’s sites, is the replicator section. There you can check how other traders have managed to make a profit and compare those to your own investments. The best part is that if you find a good trader that has been successful, you can set your own investments to copy theirs, and therefore you can leave some of the analyzing efforts to them. They would, in some way, act as your personal portfolio manager. The trader that you choose to follow will never have access to your money or your account. You control the amount of money that you’re willing to invest as a whole.

In the replicator section, you can set your own trades to follow successful traders. You will thus have the opportunity to make a profit without you having to do anything

In our tests, we were able to get really good results with the replicator. I set my trades to follow different successful traders for four days straight. The main criteria for selection was that the trader had successfully traded for a long period of time. To my delight I found that I made a profit every day. In total I earned $752. I can recommend using the replicator for every trader who wants to have better results and more money.

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