DragonOptions Review

DragonOptions
20% Bonus on first deposit with DragonOptions!
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Overview

Founded in 2011 and owned by Dragon Services Ltd, Dragon Options is a binary options broker now partnered with SpotOption, to improve the trading experience of its customers. Powered by… more

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Details

Broker DragonOptions
Website URL http://www.dragonoptions.com/
Founded 2010
Headquarters Cyprus
Support Number 442034111102
Support Types Phone, Email, Live Chat
Languages English, Russian, Turkish, Arabic
Trading Platform SpotOption
Minimum 1st Deposit $85
Minimum Account Size $85
Minimum Trade Amount $5
Bonus 20% Bonus on first deposit with DragonOptions!
Payout 86%
Free Demo Account No
Regulated Yes
Regulation CySEC
Account Types DragonBasic, DragonPro, DragonPremium
Deposit Methods Bank Wire Transfer , Cash-U , Credit Card , Credit Card deposit by phone , QIWI , Skrill , Webmoney , Yandex.Money , Moneta , QIWI Wallet , Wallet1
Withdrawal Methods Bank Wire Transfer , Cash-U , Credit Card , Skrill , Webmoney , Moneta , Wallet1
Option Types Forex, Metals, Oil, Gold, Indices, Stocks, Commodities
Account Currency USD, EURO
US Traders Allowed No
Mobile Trading Yes
Overall Score 4

Screenshots

Screenshot 1 Screenshot 2

Pros

  • Daily and Weekly reviews
  • Regulated

Cons

  • No Demo Account
  • NO Hedging or Scalping

Full Review

Founded in 2011 and owned by Dragon Services Ltd, Dragon Options is a binary options broker now partnered with SpotOption, to improve the trading experience of its customers. Powered by the SpotOption Platform, the company has made its name in the CIS and Russian market.

It operates from both Cyprus and the UK. Their current platform is designed for all types of traders, starters and experts. It also has a detailed FAQ and “How to Trade” section for a complete guide to beginners on becoming an expert trader. More additional features are the One touch and Option builder. Payout ratios are high ranging from 75 to 80%. The broker does not provide a demo account which is a major drawback considering how much assistance they provide to newcomers. They need to rectify this issue.

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