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Verum Option - Broker Review and Trader Feedback

regulation
Regulated by CROFR (licence RU-0395AA)
region
Accepts traders from
United Kingdom
rating
3.9
/ 5
Rating: 5
Reviews: 0
bonus
Free educational materials
Register within 10:00 minutes and receive a gift
Verum Option is one of the leading binary brokers. The honesty of its trading environment is the main reason that made it popular. Full review
Trading conditions
Tradable assets:
Option profitability:
Minimum deposit:
Minimum trade amount:
more than 200
up to %
$50
$1
Demo account:
Online registration:
Call support:
Chat with support:
yes
yes
+7-(499)-2120153
yes
Tradable assets:
more than 200
Option profitability:
up to %
Minimum deposit:
$50
Minimum trade amount:
$1
Demo account:
yes
Online registration:
yes
Call support:
+7-(499)-2120153
Chat with support:
yes
Deposits and Withdrawals
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Review of Verum Option
Broker rating: 3.9 / 5

1. General Information

The company offers a modern and multifunctional trading platform, a wide range of basic assets and tools and an application for smartphones.

2. Advantages and disadvantages

Convenient trading platform with a huge number of tools: 7 different options + CFD.

Small minimum deposit and a minimum investment: even 5 dollars can be enough to start with, and transactions can be made even with 1 dollar amount.

High payout ratio: the payout for classic options reaches 95%, and for some types of options (Ladder and One Touch, for instance) reaches 500%.

The ability to copy transactions automatically to be able to earn without much effort.

Insufficient training material: the broker will probably expand the training section and fill it with new materials in the near future.

3. Trading platform

The platform suits all the customers´needs independent of their level of professionalism. There are a lot of exotic basic assets and unusual types of options with high profitability for experienced traders. Beginners will definitely appreciate its usability and the ability of making 1 dollar transactions. Platform is available 24 hours a day, 7 days a week.

On the technical side, the platform is characterized by high speed, so that the deal can be opened in a split second. The company receives the quotes from Thomson Reuters, therefore the customers can be assured of the market information accuracy.

4. Variaty of options

Currently, there are seven types of options contracts available on the Verum Option platform: Binary (15-minute); 60 Sec (turbo); Pairs (which of the 2 assets will bring higher profits); Long Term (with expiration up to a year); One Touch (profitable if the price touches the mark); Ladder (a ladder of 5 levels with the possibility of the price to be closed above or below); J Ladder (Japanese ladder option, 13 levels).

The platform also provides the opportunity of working with the CFD on different basic assets. The maximum yield is 500%, you can set profit-taking levels by yourself and minimize losses, and also choose leverage.

In addition to the main tools, customers can take advantage of:

  • Strategy Advisor - with the help of a computer algorithm, it analyzes the price chart and gives a forecast indicating if the trend will be ascending or descending.
  • Limits - saves the time and effort of the trader. These are deferred transactions, which become active only when the price of the asset reaches the mark set by the trader himself.
  • Doubling - helps to get double profit for the same expiration period. Thanks to this function, you can double the transaction you opened at one time.
  • Rollover - reduces trading risks. If the market goes in the opposite direction you need, you can give the transaction additional time. Then the price can change and you can still end the deal in profit.

5. Basic market assets

Customers of Verum Option can choose the assets of various world stock markets such as the Forex market, the stock market, as well as the raw materials market. In total, there are more than two hundred assets, among which there are Forex assets, stock market indices, commodity market assets.

6. Profit Follow

There is an opportunity to make transactions automatically on the platform, without applying any trading effort at all. The Profit Follow tool allows you to copy the transactions of selected traders to your trading account, and each client can take advantage of the knowledge and experience of professionals to earn just as easily as possible.

To be able to use Profit Follow, you need to open the appropriate tab in the trading platform and select the trader from whom you want to copy transactions. Select the deadline for copying transactions and the amount that you are willing to invest in each trade. Thus, you will be able to control your investments and establish your own risk management rules.

7. VIP-group

The VIP status can be assigned to an account with at least $ 1000 on it. The participants of the VIP group are usually those traders who want to trade bigger amounts in order to earn the maximum. There are special advantages for such customers:

  • the opportunity to invest up to 3 thousand dollars per deal
  • all options have a 2% higher yield
  • personal manager available
  • a bet with $ 100 cashback

8. Service for beginners

Customers of Verum Option can learn to trade with binary options, using the information on the company's website. There you can find articles about what the options are and how to pay, as well as instructions on how to operate the trading platform.

9. Mobile trading

To keep your finger on the pulse of the market and make the deals on time, you can download a Verum Option mobile platform for Android or iOS. There are 5 basic types of options (classic, short, long, pairs, touch) available for smartphones.

10. Special offers

Verum Option can provide up to 100% bonus to any deposit replenishment. To do this, you need to use the promo code, which you can find out with the help of your manager. The broker offers very loyal conditions for the use of the bonus: in order for these funds to become available for withdrawal, it is necessary to bail out 10 times the amount.

Information on the special offers or contests that are relevant at the moment is on the broker's website. For example, you can take part in Money Marathon now (up to $ 500 for the required trade volume fulfillment), "Summer with Verum Option" special offer (prizes after the account replenishment), as well as in the contest "Guess the Course" (a 20 dollar prize in the social networks) and a quiz ($ 20 payment).

11. How to open an account

Fill out a quick online registration form on the site. After that, you will already have a real account for trading. And to be able to start trading the first step you´ll have to take is to make a deposit. You can do this in the most comfortable way for you (via electronic purses or bank cards). As a rule, it doesn´t take more than a few hours for crediting funds to the account.

12. Withdrawals from the account

The withdrawal process consists of 2 stages. At the first stage you have to apply to the Verum Option, at the second stage financial specialists confirm the application and process it. Thus, within 1-5 working days you will receive your funds. To withdraw funds, you will also need to undergo account verification - provide data to verify your identity. This is necessary for security reasons.

13. Should I trade with Verum Option?

Verum Option is a broker for all traders, regardless of their experience and the amount of startup capital. The company does not offer ready trading signals, but it provides a service of automatic transaction duplication, which will help those who do not want to trade on their own. The choice of market assets and the arsenal of tools for trading allows you to implement various strategies for trading and receive high profits.

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User rating: 3.9 / 5

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