RedwoodOptions is an exciting new binary options website from the same team that brought us TradeRush. As you know, we are big fans of TradeRush.
RedwoodOptions is a newer site, but seems to offer the same great service and features as TradeRush, not to mention a larger maximum investment amount. They also have higher payouts than TradeRush, which may be another reason to trade here instead of there.
Questioning the reputation of RedwoodOptions, or any binary option broker is always a smart question to ask. In this case, we can say quite confidently that RedwoodOptions is not a scam. Try not to confuse them with Cedar Finance , a similarly named company run by some pretty shady operators. We can trust RedwoodOptions because we trust TradeRush. Check out our TradeRush review here. We have yet to find any customer complaints about RedwoodOptions anywhere online.
Redwood Options Review - RedwoodOptions Binary Trading Broker
These are leverage-based bonuses. You need to achieve a certain turnover in your account before you can claim the bonuses as cash.
There are also referral bonuses available. The larger your account, the more benefits you receive on top of the bonus. Mini accounts come with daily market reviews and free support.
Executive accounts come with both of those features plus faster withdrawals, a video platform walkthrough, 1 free trading strategy, money management training and portfolio structure.
At the highest level with the Gold account, you get everything in the first couple of account types, plus breaking news, a senior account manager, same-day withdrawals, three strategies, and advanced portfolio structure.
When you sign up for an account, you will be able to choose which type of account you want when it comes time to deposit.
Basic registration is free and only takes a couple of minutes to complete. After that, you can make your first deposit and select the account tier you would like while you are funding your account.
When your money is in your account, you will be able to trade. If you accept a bonus, remember to treat the bonus as leverage and not as cash , and take that into account with your money management decisions. This is a standard selection of options typically available on SpotOption powered websites. As you will see, the SpotOption platform is incredibly easy to read, understand, and use.
You can learn to trade any type of binary options within minutes.
On Option Builder, you can customize your trades, which is perfect if you have an expiry time in mind that is not offered on the other trade types. Open Platform includes an enhanced chart which gives you a better view of what is unfolding on the market before you trade.
On RedwoodOptions, you can trade a variety of financial instruments, including stocks, indices, currencies, and commodities. You can view the full list below, or scroll down to read about customer service and our closing thoughts. CITI US MICROSOFT US APPLE US NIKE US GAZPROM RUSSIA BP BRITISH PETROLEUM LUKOIL RUSSIA SBERBANK RUSSIA COCA COLA US HSBC HOLDINGS LONDON TATA MOTORS INDIA TURKCELL TURKEY TESCO TEVA PHARMA PETROBRAS NISSAN MOTOR IBM REUTERS US THOMSON REUTERS BAE SYSTEMS LONDON ROLLS ROYCE LONDON.
GOLD WHEAT SUGAR COFFEE OIL LIGHT SWEET CRUDE PLATINUM SILVER. RedwoodOptions offers customers several ways to get in contact if there are questions or issues. There is a toll-free phone number, which is a great feature. Most brokers do not offer this option. Reviews of RedwoodOptions online all point toward great customer service as a key feature of this binary options broker. Overall, RedwoodOptions is a great deal like TradeRush , but the site is newer, and offers a higher payout on winning trades, as well as a more flexible ceiling for investments that may appeal to customers with larger accounts.
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There are a couple of drawbacks; mobile trading would be a nice feature, and demo trading would be an even better one. They do however have plenty of useful tools and very high bonuses for all their account holders. Once again, the benefits increase the larger your deposit—but RedwoodOptions makes their platform accessible to traders with very small accounts as well. They are a flexible broker operated by a company with a strong reputation, and while they are still quite new, we are certain that they are going to become very popular very fast.
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Government Required Disclaimer - Commodity Futures Trading Commission Futures and Options trading has large potential rewards, but also large potential risks.
You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don't trade with money you can't afford to lose.
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