Leading financial news and analysis portal, the Global Banking & Finance Review, has awarded the title of Best New Binary Options Broker in Europe 2014 to OptionTrade. Launched about a year ago, as the binary options trading arm of global FX broker HotForex, OptionTrade has quickly managed to establish itself and thus enjoy an award-winning inaugural year due to its team’s commitment to excellence.
As pointed out by senior OptionTrade official Stavros C. Fatta : "The fact that OptionTrade has been recognized as the Best New Binary Options Broker of 2014 is testament to the hard work and commitment of the OptionTrade team. By focusing our energies on our clients' trading needs, our service has quickly gone from strength-to-strength and we are confident that the coming years will cement our position as one of the industry's most innovative and client-centric brokers."
The parent company of both OptionTrade and HotForex, is HF Markets (Europe) Ltd, a Cypriot investment Firm (CIF) that is regulated by CySEC (Cyprus Securities and Exchange Commission), under license number 183/12 meaning that they both operate in accordance with the EU's Markets in Financial Instruments Directive (MiFID). As a result, their clients enjoy extra security, since OptionTrade Client Funds are deposited in segregated accounts at Tier 1 global banking institutions and funds are insured up to 20,000 EUR under the Cyprus’ Investors Compensation Fund (ICF).
Besides its enhanced security, OptionTrade also offers a client-centric binary options service that is based on transparency, fast trade execution and a secure trading environment that also allows trading on the go through a highly convenient mobile service. The trader platform, powered by HotForex, is both highly intuitive and user-friendly and offers the chance to trade in more than 150 different assets across all the major asset categories via Classic, Short-term, Long-term, One Touch, Pairs and Ladder Options., offering potential returns of up to 88%, which rockets to 550% for the riskier One Touch options type. OptionTrade offers three different account types, the Standard, Premium and VIP, for clients to choose from and, subject to certain terms and conditions, also offers a 100% Cash Match Bonus to its traders.
Moreover, it places much emphasis on offering both binary options trading as well as risk management tools through a wide variety of effective resources accessed via the OptionTrade Academy, which greatly enhance and facilitate the trading experience for both the novice and the experienced binary options traders.
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