Redwood Options Review

Redwood Options
100% Deposit Bonus!
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Overview

Out of the many binary options brokers, RedWood Options stands out to be unique and robust. One of the major reasons of its uniqueness is the level of trading education… more

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Details

Broker Redwood Options
Website URL https://www.redwoodoptions.com/
Founded 2000
Headquarters Cyprus
Support Number 1-800-986-6750
Support Types Phone, Email, Live Chat
Languages English, Italian, Spanish, German, Russian, French, Dutch, Arabic, Japanese, Swedish
Trading Platform SpotOption
Minimum 1st Deposit $200
Minimum Account Size $200
Minimum Trade Amount $10
Maximum Trade Amount $5000
Bonus 100% Deposit Bonus!
Payout 89%
Free Demo Account No
Account Types Mini, Executive, Gold
Deposit Methods Bank Wire Transfer , Credit Card , Credit Card deposit by phone , Debit Card , Webmoney
Withdrawal Methods Bank Wire Transfer , Credit Card , Webmoney
Option Types Forex, Metals, Gold, Oil, Stocks, Indices, Commodities, etfs, CFDs
Account Currency USD, EURO
US Traders Allowed No
Mobile Trading Yes
Overall Score 4

Screenshots

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Pros

  • Good Payout rate
  • Minimum Deposit
  • High returns
  • Multiple Options

Cons

  • Slow Customer Service
  • Slow Withdrawals

Full Review

Out of the many binary options brokers, RedWood Options stands out to be unique and robust. One of the major reasons of its uniqueness is the level of trading education which it provides. A person starts from scratch and has to clear different levels to master the skills of trading.

It uses the SpotOption platform for trading which is highly reliable and pretty simple to use. There are certain unique features like Double up, Roll over and open platform mode wherein traders can access the “buy me out” feature.

There are multiple trade types like 60 second options, classic up/down binaries, options builder and one touch options.

A trader also gets a solid support from the customer service department which makes binary options trading easy.

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