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Prestige Option Review

Prestige Option is the newest binary options broker that offers bitcoin trading for non-bitcoin users. Traders can open positions on currency bitcoin currency pairs on this CySEC regulated broker, based out of Nicosia, Cyprus. Prestige Option offers additional features, like long term binary options – with expiry times ranging from 4 days to 6 months.

Prestige Option also has a unique bonus structure, based on a deposit bonus of up to 100% This broker also offers a risk free trading scheme based on insurance bought with the bonus. The bonus can be used to cover loss if the next trade is no bigger than the bonus itself, and the position expires out of the money.

Key FeaturesUS TradersBitcoin Deposits
Payout: 88%
Min Deposit: $100
Bonus: 100%
Prestige Option

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Prestige Option Homepage

 

Quick Facts

Year Established: 2015

Software Provider: Tradesmarter

Currencies Accepted: EUR

Total Number of Assets: 83

Accept US Players: No

Bonus: Deposit Bonus of up to 100%

Payout: Up to 88%

 

Bonuses and Promotions

Prestige Option offers a 100% deposit bonus, and up to 150% welcome bonus. This bonus scheme is one of the most generous in the binary options industry. Additionally, the minimum amount for a trade is $10 for short term trades and $25 for the rest. This is also a favorable amount for traders, and an industry leading trading condition.

Customer Service

Prestige Option offers incredible customer support. Traders can expect to have an open channel of communication with Prestige option through either chat on the website, phone, email and Skype. Additionally, Prestige Option is well known for its educational material and its focus on its customers. It offers support in English and Arabic, with its platform supporting English, French and Dutch.

 

Special Features

Prestige Option offers special features on its platform, like the strategix feature that helps traders adjust their strategy on options such as the popular touch-no touch, above/below and range. Additionally Prestige Option offers trading signals, which will be integrated to a webinar in the future. Platinum customers also get additional professional platform features, which make the VIP status completely worth it.

Another special trading feature that Prestige Option offers to its traders is the sell back feature. Any trader can reduce expected losses up to 30 seconds before the option expires with this option, if they think the position will expire out of the money. On the flip side, traders can double up on good positions if they expect them to expire in the money. They can use the double up feature up to 30 seconds before expiry if they see their position is going to end in the money.

Conclusion

Clearly trading with Prestige Option is a great experience. The trading features that this broker offers are unmatched in the industry. For bitcoin enthusiasts, this broker is a great option since it allows them to trade on bitcoin currency pairs. Apart from enabling bitcoin trade positions, Prestige Option offers traders the safety of being a regulated broker. Their CySEC regulation means that Prestige Option traders can rest assured that they are not being scammed out of their money. So if you are ready to give binary options a chance, open a Prestige Option account and start trading now!

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