Bloombex Options offers binary option trading services to residents of all countries except Israel, Iran and the United States. They have a large customer base in France, Italy, Germany and Australia. The company offers easy trading in a wide variety of assets and holds customer funds in a segregated account ensuring that traders’ funds are secured. They are however not regulated by any major regulator.
PLATFORM AND TRADE TYPES
Bloombex uses the very popular, tried and tested platform, Spot Options. This means both experienced and new traders would be able to use the platform. It has a nice user interface that traders can quickly use to make trades.
There is a mobile app that allows some limited trading.
Trade types on Bloombex options include:
⦁ One Touch options: In this trade type, an asset only has to “touch” a price level once over the time frame of the trade.
⦁ High/Low Options: Bloombex’s platform allows you to predict the price direction of several underlying assets before trade expiry.
⦁ Long Term options: This trade type is for traders who want to make bets on price trends over the long term.
⦁ Ladder: Bloombex options offers Ladder trading options which a trader can use to “lock-in” profits as prices vary and exceed certain predetermined price levels. This trade type is one of the highest earning as profits are collected over the life of the trade.
⦁ Follow Trade: The platform allows you to follow the trade of top traders. This is useful for new traders who want to take some time to learn trading but don’t want to learn by losing. Traders can make money while learning.
BLOOMBEX DEPOSITS AND WITHDRAWALS
There are three deposit options: Credit/Debit card, Wire Transfer, PayPal and Skrill. The minimum deposit amount is $300. There are no deposit fees.
Withdrawals are processed within 3-5 business days and done using the same deposit methods above. A fee of 3.5% is charged on Skrill and Card withdrawals. A 6.8% fee is charged on PayPal outflow transfers. A $15 fee is charged on withdrawals done using wire transfer. The minimum withdrawal is $100.
BONUSES AND PROMOTIONS
Although Bloombex offers a 100% deposit bonus, you need a $1000 minimum deposit to enjoy this bonus. However, to compensate those who do not qualify for this bonus, Bloombex offers a week of risk free trading. Any loss made in your first week is refunded. If you end the week on a positive note, you keep your profits. This bonus is great for new traders as you can use one week to get a solid trading strategy.
Bloombex options is a company that goes to great length to ensure it is able to provide customer support for its traders. Traders can contact the customer support team using web form, email, live chat and telephone. The email is email@example.com and there are four phone numbers on the contact us page for each of their four major countries. The customer support can respond to queries and enquiries in such languages as English, German, Spanish, French, Russian, Dutch, Arabic and Turkish. Customer service is available between 06:30 to 22:00 GMT every day.
PROS AND CONS
Bloombex offers great features:
⦁ Risk free trading
⦁ Demo account
⦁ Fast and easy to use trading platform
Bloombex is a top tier broker and traders can sign up with this broker, confident in the fact that they would get quality binary options trading support