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They rebranded to TopOption. For a list of alternative brokers, and full comparison reviews, visit our brokers page. This is one of the first brokers operating on the Keystone platform created by Markets. The Investors Compensation Fund is a safety net for investment firms registered in Cyprus and the EU that helps to protect investors from fraud.
Another is the way in which Optiontime. All monies are held by a third party bank or other financial institution that acts as a clearing company. This means that your money and the brokers money are never intermingled making your deposit much safer than with a non-regulated broker. The new platform behind this broker is Keystone Trading Technologies. If you are familiar with other Safecap brands you will know they are powered by Markets.
The platform includes short term 60, 90 and second trading as well as 15, 30 and 60 minute expiry. Included with the platform are many of the features you will find on a Markets.
The asset list is quite comprehensive and has something for everyone, making it good for well rounded traders. There are at least available assets ranging from stocks to indices, forex pairs and commodities. There are over a dozen currency pairs, two dozen indices, dozens of stocks and 8 of the most heavily traded commodities.
The platform itself has 5 different ways to trade. Pick an asset, pick an expiry and place the trade. One touch is standard one touch trading you would find anywhere else. It comes with the highest returns and the highest risk. First they have a buy me out feature. This is allows you to sell options before expiry if you want to cut losses or lock in profits.
The problem is they only have expiry going out to one hour. I myself prefer to trade on weekly or montly expiry to catch longer term, and more reliable, market movements. Another bonus is the Rollover feature. As an individual feature this is nothing new, it is something I have seen at more than one broker but it is a nice addition that not all have. Both the Rollover and Buy Me Out features are not available all the time or on all options, a small drawback but one that may make them useless for serious trading.
The same give and take occurs when you check into the more advanced Pro Master trading. There are some more advanced charting features than what you would find in most binary brokers but not enough for serious trading. You will still need to get your charts some where else in order to do real technical analysis.
It comes from a family of binary options brokers that are also regulated and respected in the industry. It is based on a new platform designed specifically for binary options by the team at Markets. I will be keeping my eye on the new Keystone Platform to see how it develops because it could the features that will set it above all the rest.
For now it could get lost in the crowd. This broker is not recommended. This broker is either not regulated or generates a large number of complaints. Alternatively, these are our Top 3 brokers based on Ratings: