Redwood Binary Options Demo Account

With a broad range of features and benefits, Redwood Options is a broker that is worth a await

Redwood Options has been in operation since 2013. The site has undergone quite a few changes over the years, but the reviews have stayed solid over all that time. Let's take a expect at what they have to offering equally of 2017.

Company Data

Redwood Options is endemic and operated past a company called Azurepearl Capital, located in St. Lucia. Redwood Options is non regulated, but they do not have traders from the Us owing to regulations by the CFTC. Still, their doors are open up to traders from elsewhere effectually the world.

What Makes Trading at Redwood Options Different

I'll be honest hither. In many respects, Redwood Options really is "simply another SpotOption" broker. I would say what makes them stand out is partly their strong reputation, and partly the fact that they haven't left a whole lot of gaps in their services and features. In other words, they accept done nigh the same thing as a lot of their competitors, merely they have washed it better.

Assets Available

Following is a list of all the stocks, currencies, bolt and indices available to trade on Redwood Options. As you lot will see, this is a massive selection. There are also pairs. Curlicue past these to read the rest of the review.

Stocks: 3M, ADIDAS, AIG, ALCOA, ALIBABA, ALLIANZ SE, AMAZON, ANZ Bank, Apple, ASX, ATHENS, AXIS BANK, BAIDU, BANCO SANTANDER, Banking company OF AMERICA, BARCLAYS, BASF AG, BAYER AG, BHP-AU, BLACKBERRY, BMW, BOEING, BOVESPA-F, BP, BRITISH AMERICAN TELECOM, CATERPILLAR, CHEUNG KONG, CITIGROUP, COCA COLA, COMMONWEALTH BANK, DAIMLER AG, DEUTSCHE BANK, DEUTSCHE TELEKOM, DISNEY, East.ON SE, EBAY, EXXON MOBIL, F5 NETWORKS, FACEBOOK, FAZ-Brusque BANKS, FREEPORT McMORAN, GAZPROM, Full general ELECTRIC, Full general MOTORS, GOLDMAN SACHS, GOOGLE, GROUPON, H & M, HSBC HOLDINGS, HSBC-HK, HUTCHISON, IBM, ING Group, INTEL, JAKARTA SE, JOHNSON & JOHNSON, JP MORGAN Hunt, Rex DIGITAL (Candy Trounce), KOSPI, LAS VEGAS SANDS, LINKEDIN, LLOYDS Banking company, LUKOIL RS, MASTERCARD, MAZDA MOTOR, McDONALD'S, METRO AG, MICRON, MICROSOFT, NETFLIX, NIKE, PETROBRAS, PFIZER, PING AN INSURANCE, PROCTER & Hazard,RIO TINTO, RIO-AU, ROSNEFT, RTS FUTURE, RUSSELL 2000, S.BANK INDIA, SALESFORCE.COM, SANDISK, SAP, SAUDI REFINERIES, SBERBANK, SEARS HOLDINGS, SIEMENS AG, SINA, SONY, STARBUCKS, SUMITOMO MITSUI, TATA MOTORS, TATA STEEL, TEL AVIV 25, TELEFONICA,TENCENT HOLDINGS, TESCO, TESLA MOTORS, TEVA.TA, TOPIX 100,TOSHIBA CORP, TOYOTA (Us), TWITTER, UNICREDIT, VODAFONE, VOLKSWAGEN, VOLVO, WAL-MART, WEIBO, WESTPAC, WYNN RESORTS, YAHOO, YANDEX N.V.

Currencies: AUD/CAD, AUD/CHF, AUD/JPY, AUD/NZD, AUD/USD, CAD/CHF, CAD/JPY, CHF/JPY, EUR/AUD, EUR/CAD, EUR/CHF, EUR/GBP, EUR/JPY, EUR/NZD, EUR/RUB, EUR/USD, GBP/CAD, GBP/CHF, GBP/JPY, GBP/USD, NZD/JPY, NZD/USD, USD/CAD, USD/CHF, NZD/USD, USD/CAD, USD/CHF, USD/JPY, USD/MXN,USD/RUB,USD/Endeavor,USD/ZAR.

Bolt: Java, COPPER, CORN, Gold, OIL, PLATINUM, SILVER, UGAR NO. 11, WHEAT

Indices: ASX Time to come, BOMBAY SE, CSI 300, DAX, DAX Hereafter, DOLLAR INDEX F., DOW, DUBAI, EURO STOXX 50 ,EURO STOXX 50 F, TSE 100, FTSE Future, FTSE MIB Future, GERMANY 10YR Bail, HANG SENG, HANG SENG F. HSI, IBEX,IBEX Future, KUWAIT, MICEX, NASDAQ, NASDAQ FUTURE, NGAS Time to come, Not bad FUTURE, NIKKEI FUTURE, NIKKEI 225, S&P 500, South&P Futurity, SHANGHAI Composite, SMI Futurity, SSE180, TADAWUL, TNA-LONG X3, TSX sixty, TZA-SHORT X3 CTG, U.S 10 YEAR Notation, U.Due south 30 Twelvemonth NOTE.

Does Redwood Options Offer Bonuses?

Yes. Yous tin view information on the match bonuses available in the section below on trading accounts. You accept the choice to choose between match bonus money and trading insurance. This is cool, as most binary brokers just offer match bonuses.

Redwood Options Trading Accounts

Here are the trading accounts you tin can choose from on Redwood Options:

Beginner: Eolith $200-$5,000, no bonus ($200 is the minimum deposit).
Semi Educational: Deposit $5,000-$25,000, receive a l% match bonus or 25% trading insurance.
Full Educational: Deposit $25,000-$l,000, receive a 75% friction match bonus or fifty% trading insurance.
Semi Advanced: Deposit $50,000-$100,000, receive a 100% friction match bonus or 75% trading insurance.
Full Avant-garde: Eolith $100,000+, receive a 100% friction match bonus or 100% trading insurance.

The benefits you lot get depend on the account level you choose. At the Beginner level, you receive an eBook and access to educational videos and starter webinars. An account manager is available to assist yous for a month, and the site sends you weekly market place reviews.

At each level, you receive successively more time with the account managing director. Every tier above Beginner includes daily market reviews every bit well as strategy seminars and academy sessions. At the higher tiers, you get VIP webinars, an interest-earning account, and extra payouts (upward to 5%) on your winning trades. You also get access to more and more than university sessions.

"It is hard to go wrong with benefits and features like these. A lot of sites don't offering nearly this much, no matter how large your account happens to be."

Mobile Trading on Redwood Options

Equally of the fourth dimension of this review, the site only says "coming soon" for mobile apps. I did some checking effectually however, and the Android app already exists and is available to download from Google Play. In that location is notwithstanding no iOS app.

Redwood Options Deposits and Withdrawals

As already stated, the minimum deposit corporeality on Redwood Options is $200 or the equivalent. You may eolith in USD, GBP, EUR, CAD, AUD, or JPY. The deposit methods which you tin use include credit or debit card, wire transfer or CashU.

When you withdraw, y'all need to pull at to the lowest degree $100 out of your account. The limit goes up to $2,000 per week. While the withdrawal thresholds are abrasive, they are likewise standard for the binary options industry. In the terms and weather, the company states that "RWO charges no withdrawal fees for credit cards." There is a $xxx fee for each wire transfer withdrawal, but the beginning one is free each month.

No fees for credit carte du jour withdrawals is awesome, since this allows you to maximize your profitability and bask flexibility when it comes to accessing your own coin. A lot of other binary sites make it difficult to get at what is rightfully yours.

Redwood Options Trading Platform

Redwood Options uses SpotOption as a trading platform, a white-label interface which is unremarkably re-branded by various brokers for use on their websites. So if you have traded on other binary options sites, y'all may get déjà vu while looking at information technology.

"SpotOption was designed with ease-of-use in mind and is perfect for beginners. Across the pinnacle, you lot will come across all the trade types bachelor: High/Low, Pairs, Long Term, Threescore Seconds, One Touch, Ladder and FX/CFD. "

This is a great selection. Below, yous tin select the asset you want to trade, enter in the expiry, corporeality, and direction, and place your club.

The minimum trade amount is $10 for almost trade types. The maximum is $5,000. Considering that the minimum on many competing sites is $25, this $10 minimum is more than accessible for traders who are getting started with the minimal bankroll.

Customer Support on Redwood Options

Client service on Redwood Options is provided through several channels. You lot can make full out a spider web form, you can e-mail, or you tin can apply live chat. The most recent fourth dimension I tried to contact the company on the live chat line, it malfunctioned. I call up this must be a temporary setback though, because it has worked fine for me in the past.

What were my past dealings with the squad like? In my experience, the line is answered pretty quickly. Agents do endeavour to aid, just they exercise not seem like the most knowledgeable support staff out there, and they have given me difficult-sells. Of course, this was a while dorsum, so things may be meliorate now.

Trading Features and Resources on Redwood Options

Utilize the "Follow" feature to encounter what other traders are doing. In fact, yous can even select a specific user, a menstruation of time, an investment amount, and a maximum limit. The platform will and then place the trades automatically on your behalf for hands-off investing.
There is a 0-10% out of money refund if your trade expires at a loss.
Early on close allows you to sell an selection early in order to conserve your money when the market appears to be turning against your position.
I have constitute no blatant references on the site to a demo business relationship, but customer service has told me in the past that it may be possible to open up one by speaking with an account manager. I take seen this confirmed by other traders and reviewers besides.

Verdict

There is nothing overly "unique" about Redwood Options which makes it all that distinctive from competing SpotOption brokers, only I stand by my cess that more quality care has been put into every attribute of the site. This makes it 1 of the better choices for trading binary options online correct now.

Pros:

At that place are numerous financial instruments to merchandise.
Many types of trades are available.
You can choose the type of bonus you lot prefer.
Many educational materials and trading tools are provided.
At that place are no fees for credit card withdrawals.
The minimum and maximum investment sizes are flexible.
In that location is a depression minimum deposit of but $200.

Cons:

Customer service is sometimes pushy, though still helpful.
Even though Redwood Options looks to be a expert broker, there is goose egg particularly innovative hither.
Redwood Options is not regulated.

FAQ

Is Redwood Options a scam?

Since this is a very well-established broker with a stellar reputation, no, in that location is no reason to believe that it is a scam. Redwood Options has no credit bill of fare withdrawal fees and does not forcefulness you to have a lucifer bonus, which prevents your money from getting tied upward.

How do I open an account on Redwood Options?

Easy. Only navigate to the registration page and fill in your bones details. Accept the terms, enter the captcha, and hitting "Submit." Once your account is open, yous may make your deposit. Once your money is in your account, y'all can begin trading.

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