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ASKoption at a Glance

  • Maximum Payout: 85%

  • Minimum Deposit: $250

  • Platform:  Panda

  • Accepts US: Yes

  • Regulated: No

 

 

AskOption logo

Overall Rating

88/100

ASKoption Broker Review

ASKoption is an exciting new broker that was established in 2015 and already counts with a large and loyal customer base. Their secret to success was their focus on social media and social trading. Its management was very active on social media, especially on Facebook and Tumblr, looking for information about what binary options traders are looking for in a broker before they established the broker.

Deposits and Withdrawals

Deposits can be done through a variety of credit cards and through the more traditional wire transfer. The minimum deposit that ASKoption requires to open an account is $250. On the withdrawal side, ASKoption processes withdrawals within 3 to 5 business day of receiving and reviewing the required documentation. This is a safety feature that is much appreciated in the binary options industry, since it helps prevent withdrawal scams. ASKoption is opening a third deposit and withdrawal avenue through the use of Neteller. The work necessary to enable Neteller transactions will be completed soon.

Trading Platform

As a result of its management research on social media, ASKoption decided to go with the Panda platform. Their decision was based on their focus on social trading and on comments they gathered from binary options forums online and from industry relevant groups on Facebook. Panda is one of the best platforms for social trading, and its features are very helpful. The way the information is presented on this platform rounds it off pretty well from the user experience perspective. This was one of the key conclusions that ASKoption arrived at after looking at comments on binary options groups on Facebook.

Customer Service

ASKoption provides top notch customer service that is complemented by an incredible collection of educational material that will help traders adjust their trading strategies, regardless of their level of understanding. ASKoption has customer service representatives available 24/7, on live chat, phone and email. These representatives can provide service in English, Arabic and Russian. The research that ASKoption gathered from online forums and industry relevant Facebook groups, guides their customer service policy.

Conclusion

ASKoption is clearly one of the most exciting brokers available to the binary options trader. Its focus on social trading and social media like Facebook makes it one of the most innovative binary options brokers. With their low minimum deposit requirement, it is worthwhile to try them out.

TRADE NOW

AskOption website

ASKoption Ratings

Customer Service Rating – 8

  • 24/7 Live chat and Telephone service
  • Languages: English, Arabic and Russian

Asset Choice Rating – 9

  • 80+ Total Assets

Deposit Method Rating – 9

  • Credit Card
  • Wire Transfer
  • Neteller (coming soon)

Minimum Deposit Rating – 9

  • 250 USD/EUR

 Withdrawal  Rating – 8

  • 3-5 Business Days

Minimum Trade Rating – 9

  • 15 USD/EUR

Trading Features Rating – 9

  • High/Low
  • Pairs
  • Boundary
  • 60 Seconds
  • One Touch
  • Early Exit
  • Roll Over

Payout% Rating – 8

  • Up to 85%

Bonus Offers Ratings – 9

  • Sign Up : Up to 100%
Site Intangibles Rating – 7
  • Accepts US traders
  • Unregulated


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