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Grand Option

Grand Option

Grand Option

Quick Review

Name Grand Option
Founded 2013
Legal Entity Rodeler LTD
Turnover 100%
Minimum deposit $250
Bonus up to 100%
Full Address Cyprus, Spyrou Kyprianou 67
Phone +357 2 503 0917
Regulation CySEC
E-mail complaint@rodeler.com
Visit Broker
Highly credible broker
If you are looking for a fully regulated broker that strives for customer satisfaction, then you can try it out.

Grand Option Broker Review

Grand Option is one of the few brokers in the industry that focuses on trader satisfaction, excellent trading conditions, and top-notch security. We decided to do Grand Option review with the aim of finding out whether its existence in the industry is worthwhile. Here are the key features we found out about the broker.

Regulation


Grand Option is a very reputable and credible broker. It is fully authorized to offer services to traders in Europe and other places around the world.

The brokerage firm is owned and operated by a company called Rodeller Limited under CySEC license number 207/13. It is the same company that runs 24Option. Grand Option is also under the watchful eye of CRFIN and MiFID.

CySEC Regulation

Furthermore, we scoured various online forums and websites, but failed to find any significant negative feedback about the broker. Therefore, we can firmly assert that Grand Option is not a scam broker.

Withdrawals


Grand Option, just like most reputable brokers, offers an extensive range of popular and trusted payment methods, including Skrill, Neteller, debit/credit cards, bank wire transfer, Webmoney, and Neteller.

Withdrawal Terms

Deposits will be instantly credited to your trading account. And, withdrawal requests are also processed within the shortest time possible.  Importantly, the broker has employed the latest encryption technology to guarantee the safety of clients’ funds. Therefore, you can always trade with a peace of mind.

Minimum Deposit


Grand Option requires a minimum deposit of $250No demo account available.

Opening an account at Grand Option is straightforward and seamless. You just need to provide your personal details, and you’ll start experiencing the lucrativeness of the binary options market.

Grand Option Trading Platform


If you like trading using a simple and user-friendly platform, then you can open an account with Grand Option. The broker uses a Scipio-powered trading platform, which is renowned for offering transparent and easy conditions for binary options trading.

Grand Option trading platform

Grand Option also has a mobile trading platform for both Android and iOS devices. As such, you can download the application and enjoy trading everywhere without any limitations.

On the platform, the minimum investment amount for each binary option is $25, while the maximum amount is $20,000. Trading platform has more than 100 financial assets, which consists of all market segments—forex, stocks, commodities, and indices.

Grand Option trading assets

The types of binary options offered via the platform are 60-Seconds, Weekend, End of Week, End of Month, End of Day, Above/Below, and High/Low. Therefore, you cannot miss something that resonates with your trading style and preferences, whether you are a novice or an experienced trader.

Using the broker’s exquisite tools available on the platform, traders can benefit from payouts of as high as 100%. Interestingly, with the broker’s innovative ‘High Yield” binary options, traders can earn payouts of at least 200%. Grand Option has also integrated the innovative copy trading feature on its platform, allowing traders to mimic the winning strategies of other successful traders.

Types of Accounts


To cater for the interests of different types of traders, the broker offers a wide variety of account types.

Our review revealed that it offers the following main types of accounts.

  • Standard Account: It is a lower account level suited for new comers trying out Grand Option’s excellent products.
  • Gold Account: It is a higher-level account that allows members to trade round-the-clock, access a one-on-one trading session with an expert, receive extra 2% return on every trade, plus other benefits.
  • Platinum Account: It provides the ultimate trading experience to members. For example, members have access to personalized trading with an expert and enjoy an extra 4% return on each trade.
  • Diamond Account: This account comes with specialized services not present in lower-level accounts. For example, members have access to restriction-free trading conditions, priority customer service, and enjoy an additional 4% revenue on every single trade.

Customer Service


Customer support (which is accessible in various languages) at Grand Option is simply great. We realized that it has a committed team of proficient representatives available 24/7 to address clients’ issues via live chat, phone, and email.

Additionally, the broker has a wide range of educational materials and other motivation programs to help traders make the most of their binary options trading. Examples include the Grand Option Academy, trading competitions with prices of up to $75,000, and fast-updating economic calendar.

Pros

  • Highly credible broker
  • Easy account opening process
  • Fast and secure payment methods
  • Excellent trading platform
  • Mobile trading available
  • Wide range of financial assets
  • High payouts
  • Copy trading available
  • Wide range of account types
  • Top-notch customer service
  • Trading competitions with high prices

Cons

  • Relatively high minimum deposit requirements
  • Lacks attractive welcome bonuses
  • Demo trading unavailable

Conclusion


To this end, we can confidently affirm that broker’s presence in the competitive binary options industry is useful. Specifically, the broker’s commitment to transparency rids the industry of fraudulent activities and uncouth behaviors.

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