Magnum Options At a Glance

  • Maximum Payout: 85%

  • Minimum Deposit: $200

  • Accepts US: No

  • Demo Account: Yes



Overall Rating




MagnumOptions Broker Review

Magnum Options has been operating for several years. They have recently changed ownership and management. The platform has been completely revamped both in terms of design and trading features. They now operate off of the update SpotOption platform with multiple trade screen views and advanced color charts. The newest trading features such as Pair options, 30 second binary options and Ladder Options are now available.

Our tests and experiences with the platform have been favorable. Magnum ranks highly in most categories and received a final score of 91/100 in our objective grading process.

Magnum Options Deposit and Withdrawal

Deposits methods include credit/debit cards such as Visa, Mastercard and AMEX. You can also deposit via Skrill/Moneybookers or Wire Transfer. Withdrawals are processed simply and efficiently. Funds generally appears within 1-3 business days depending on the deposit method.

Customer Service and Education

Magnum Options offers responsive 24/7 customer support via Live Chat, Email or Toll Free Phone to the US and UK. The trading academy offers video courses for beginner to advanced traders. You also gain access to a free eBook and live Webinars.

Magnum Options Demo Account

Traders that open an account and make a minimum deposit can gain access to a free demo account. This is a great opportunity to test all of the features on the trading platform as well as trading strategies without having to risk real money.


Magnum Options Ratings

Customer Service Rating- 9

  • 24/7 Live Chat
  • Toll Free Support US and UK

Asset Choice Rating – 10

  • 36 Stocks
  • 17 Currency Pairs
  • 7 Commodities
  • 19 Indices
  • 3 Pairs

Deposit Method Rating – 8

  • Credit Card – Visa, Mastercard, AMEX
  • Skrill/Moneybookers
  • Wire Transfer

Minimum Deposit Rating – 8

  • 200 USD

Withdrawal Rating – 10

  • 1-3 business days

Minimum Trade  Rating – 9

  • $5 Minimum per 60 Second Binary Options order.
  • $25 Minimum for other type trades.

Trading Features Rating – 10

  • Standard Call/Put Binary Options
  • 30 Second Binary Options
  • 2 Minute Options
  • One Touch Binary Options
  • 60 Second Binary Options
  • Pair Trading
  • Ladder Options
  • Roll Over
  • Double Up
  • Sell Early
  • Advanced Color Charts
  • 4 Order Screen Views

Payout% Rating – 9

  • Up 85% Per Trade
  • Up to 10% Rebates for losing trades.

Bonus Offers Rating – 9

  • Up to 100% match bonus on initial deposit

Site Intangibles Rating – 10

  • Uses the New SpotOption platform which is regulated under CySec
  • Daily/Weekly Market Review
  • Live Webinars
  • Free eBook
  • Video Training Courses
  • Honest and Reliable


Best Regulated Brokers

Broker of the Month

Best USA Brokers
Best Bonus Offer
Best Payout%
ctoption 90% payout
Best Discount Brokers
Bee Options Review
EU regulatedCySEC RegulatedUS BrokerCFTC RegulatedUS BrokerAccepts USEU regulatedEU RegulatedEU regulatedEU Regulated