Market Punter-Binary Options Broker Review
Company | Market Punter Ltd. |
Type of broker | Market Punter is a Binary Options Broker. |
Operating since | 2008. |
Regulation | This company is holder of an Australian Financial Services Licence (AFSL 223682) issued by the Australian Securities and Investments Commission (ASIC). |
Country | The headquarters of this broker are located in Sidney, Australia. |
Assets | Market Punter offers to its clients the possibility to trade with binary options based on the following financial assets:
-The payouts offered by the broker Market Punter for binary options that expire “In The Money” (sucessfull trades) are the following:
-For binary options that expire “Out The Money”, this broker offers the possibility to recover up to 10% of the contract inversion. This feature allows to minimize the impact of losses in the trader´s account. |
Accounts | This brooker has one trading account for all its clients which includes all services offered by Market Punter regardless the initial deposit made by the trader. These services includes for example the possibility to trade with Above/Below binary options based on all the underlying instruments mentioned above, an online trading platform which requires no download and installation, customer support, promotions for new and regular customers and other. The opening of this account is completely free. In this case, the trader only has to deposit funds when he is going to start trading with binary options. |
Platform | Market Punter offers a web based trading platform so the traders does not need to download any software to trade with this broker. This application can be accessed from any place with Internet connection through the website of Market Punter. This platform is designed specifically to trade with Above/Below Binary Options, so it includes several functions for position management which allow to acquire new options and effectively control the trades that are still active. Also, this application includes other trading tools for the trader, such as updated quotes of the financial instruments (underlying assets) offered by this broker, price charts and other. |
Minimum account size | The minimum account deposit to start trading with Market Punter is $200. |
Minimum transaction size | 20 US dollars/euros. |
Maximum transaction size | 2500 US dollars/euros. |
Types of options | The clients of this broker can trade with the following types of binary options:
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Demo account | Currently, this broker does not offers a demo account but the opening of the real trading account is free. |
Payment options | The clients of this broker can deposit and withdrawl funds through the following options: Bank Wire Transfer, Credit Card (the most important like Mastercard and VISA) and Moneybookers. The deposits can be made in US Dollars, Euros, British Pounds and Australian Dollars. |
Advantages |
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Link to the website | |
Open an account |
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Main broker offers | Market Punter ocasionally offers cash bonuses for clients that open an account and trade with the company. Currently, the main offers of this broker are the following:
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