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Winoptions Binary Options Broker


 Review of the broker Winoptions

Review of the Binary Options Broker Winoptions

Winoptions is a binary options broker funded in 2009 in Cyprus which allows to trade with options based on a lot of underlying assets such as Forex, stocks. stock indices, commodities and others through a web based trading platform. One of the main advantages of this broker is that it offers new promotions (mainly bonus packages) for its clients each month.

Type of Broker

Winoptions is a Binary Options Broker

Country of origin

The headquarters of the company are located in Cyprus


No information about it.

Underlying Assets

The client of this company can trade with binary options based on the following underlying assets:
  • Forex Markets: 9 different currency pairs of the Forex market (USD/JPY, GBP/USD, GBP/JPY, EUR/JPY, EUR/USD, USD/CHF, USD/CAD and AUD/USD).
  • Stock Indices: 22 of the main stock indices in the market including DAX Future, FTSE 100 Future, CAC 40 Future, Dow Jones, S&P 500, IBEX 35 Index, Nasdaq, IPC-Mexico and Nasdaq 100 Future among other.
  • Commodities: The most important commodities in the market including Gold, silver, crude oil and natural gas.
  • Stocks: The main shares of the most important stock markets worldwide including Google, eBay, Microsoft, Starbucks, Coca Cola, Intel, Amazon, JPMorgan Chase, Apple and Dell of the US Market. BMW, Deutsche Bank, Deutsche Telekom, Daimler AG, BP, Barclays, Vodafone, Danone, French Telecom y Renault of the European market.

Types of Binary Options

This broker offers the possibility to trade with the following types of binary options:

  • Above/Below Binary Options: This is the most common and traded type of binary options thanks to the high performance that it offers and its simplicity. In this case the trader only has to establish if the price of the underlying asset will go up or down during the expiration period of the option. Normally the Above/Below options of Winoptions have an expiration of 1 hour or more (however this period is variable). For example, this broker offers options with a maturity of 60 seconds and long term options (these options have a maturity from one month onwards).
  • One Touch Options: In this type of binary option, the trader must determine if the price of the underlying asset is going to touch or not a specific price level before the option expires. Usually, the maturity of One Touch options can last several days (usually is a week), so they offer a higher yield (up to 500% of the option inversion) compared to the Above/Below options.
  • Custom Options*:  These are custom binary options which can be designed through the application “Option Builder”. With this tool the traders can design their own binary options which allow them to customize the trades by selecting different combinations of variables such as the risk level. In other words, the traders can adapt the binary options to their own strategies.
  • 60 Seconds Options: These are binary options with an expiry time of just 60 seconds. The main advantage of these options is that they allow to capitalize quickly on micro market movements specially specially when there is high volatility.

*The performance offered by the custom options depends on the combinations of variables selected by the trader.

Payments Offered by Winoptions

-For Above/Below Options, if the option expires “In The Money” Winoptions pays from 65%-81% of the contract inversion.
For One Touch Options, Winoptions offers a performance up to 400% of the contract´s inversion if the option expire “In The Money”.

Trading Accounts

Winoptions offers the following types of trading accounts for its clients:

  • Mini Account: This is a trading account designed for beginners traders with little experience in binary options trading. This account requires a minimum deposit of $350.
  • Standard Account: This trading account is designed for investors with more experience in binary options trading so it offers more benefits for the client. It requires a minimum deposit of $1000.
  • Pro Account: The Pro Account was created for professional traders and investors with considerable experience in binary options trading.  This type of account requires a minimum deposit of $5000 and it offers additional benefits for the clients, including a welcome bonus up to 50% of the amount deposited by the trader and personal training among other.

Trading Platform

This broker offers two web based trading platforms with the following features:
-Regular trading platform: It is an easy to use web based platform with all the functions necessary to trade with Above/Below Binary Options and One Touch Options. This application include features for the management of open positions and other trading functions such as basic price charts.

This application includes the following tools to improve the chances of success of the trader:

  • Roll Over: This a trading tool which allows to extend the expiration period of an option. For this reason it is a very useful feature in those trades in which the trader believe that a binary option which for the moment is “Out The Money” have a high probability of expiring “In The Money” if the contract´s expiration period is increased. Basically, it is a powerful stop loss strategy, however, the use of this function requires the addition of an extra investment of 30% (the return is increased by 30%).
  • Double Up: Through this function the traders have the possibility to increase their investment and double their profits. When an option is close to its maturity and the trader predicts that the market will continue in the same direction, Winoptions offers the possibility to “do it again” by clicking on Double Up. With this function, the trader creates a new trade with the same conditions but with the current price of the underlying asset.
  • Buy Me Out/Sell Option: It is a function though which the traders can  sell their option back to the broker at any point, for a cost. This feature helps the investors to limit or reduce the loss or risk of their trades and can be very useful in those trades when the market is moving against the trader. When the customer clicks on the BuyMeOut button,  the system offer a price to close the trade at that moment. 
  • Options Builder: This is a feature which allows the investors to create and trade with their own customized binary options. Thanks to this tool, these options can be designed according to the needs and trading strategies of the trader as the investor has the possibility to modify the main parameters of the contract, including the underlying asset, the expiration period, the return offered for the option (in case it expires In The Money) and the risk level.
  • Cancel Option: With this function, the trader can cancel an option before he enters the trade. However, this is not a trading tool which can be used only in certain occasions.

-Pro Trader: This web-based application is offers  additional features to the traditional Binary Trading Platforms and is more focused on the use of graphics. It is designed to trade with Above/Below options and it includes different features such as updated quotes, advanced price charts and the possibility to track the trading history of the selected financial assets (underlying assets). This platform allows the use of the “Buy Me Out” feature.

Demo Account

Yes, with no limit of time.

Payment Options

The trader can deposit and withdrawal funds through Bank Wire Transfer, Credit Card, Debit Card, Paypal, Skrill (Moneybookers), Payza and CashU.

The account can be opened in Euros, US Dollars and British Pounds Sterling.

Main Advantages of Winoptions

  • Winoptions offers regular bonuses for the opening of trading accounts and the deposit of funds.
  • This broker offers a good customer service by e-mail, telephone and chat in the website of the company
  • The regular trading platform include money management tools for the clients.
  • Winoptions offers some trading education through its website which focuses in aspects such as binary options trading, binary options tips, technical analysis and more.
  • The clients of this broker can trade with 60 seconds binary options and long term options (these options have a maturity of one week or more).
  • Also, the clients can trade with customized binary options.
  • Winoptions allows to close a binary option before its expiry time.
  • It offers a lot of instruments for trading (underlying assets of the Option´s contract).
  • The trading platforms are intuitive an easy to use web-based applications which allow to trade with binary options from any place with internet connection.
  • The platforms of Winoptions includes features like “Double Up”, “Cancel Option” and “Buy Me Out/Sell Option” which increase the chances of success of the trader.
  • Winoptions offers some trading education through its website which focuses in aspects such as binary options trading, binary options tips, technical analysis and more.
  • This broker charges no commissions of any kind.
  • Through the website, Winoptions include some features to help the trader such as weekly market reviews and a glossary.
  • Winoptions broker offers the possibility to earn money by promoting its services as a broker through an affiliate program called Affiliwin.

Main Brokers Offers

Winoptions offers regular bonuses for clients that opens a trading account and deposit funds. Also it offers bonuses for regular clients.

  • For new clients there is a bonus of $250 for a deposit of $550 on the first trading day.
  • For regular clients there are bonuses from $150 to $250 for every deposit of $500 or more. However, the clients that deposit $2000 or more will receive a special bonus of 35% of the capital deposited.
  • For a limited time it offers a 100% bonus on a $200 deposit.

Minimum account size 350 US Dollars.
Minimum transaction size 5 US Dollars.
Maximum transaction size. 4500 US Dollars.
Link to the website Winoptions website
Open an account binary options broker WinoptionsWinoptions


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