Binary Options Trading Bonuses

BinaryOptionsNow | Published on April 14, 2011 at 6:22 pm

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Binary Options Trading: Bonuses

Finding a solid option brokerage online for binary options sometimes seems like trying to find the perfect business out of a phone book three inches thick – there are so many options that finding the right one can be a chore. This is good for an option trader, though, because with a little research, you can find the right broker for online binary options trading.

If you want to trade binary options with the best, finding the right option brokerage is crucial. One way to narrow the list is to find one that pays bonuses – which are discretionary payments from the broker to you when you sign up (and hopefully after you become a client).

In this article, we will take a look at the binary options trading bonus structure for and see how it stacks up against other option brokerages out there in the market.

Bonuses at is an online binary options broker that offers binary options trading in a variety of assets, from stocks and commodities to indices and currencies. It uses the ParagonEX trading platform and is headquartered out of Cyprus (as are most online brokers).

Binary options bonuses at are generally broken up into two types: new account bonuses and promotional bonuses. We will first look at the bonuses an option trader can earn just by starting a new account with them.

GlobalOption currently offers a new registration bonus of 25% of your initial real money deposit, up to a limit of $1,000. The minimum deposit is $1,000, so if you deposit the minimum, you will receive $250 in available funds that will be credited to your account immediately.

The second type of bonus – promotional bonuses – is available to option traders on an intermittent basis. Some of these are seasonal, as with the latest spring bonus offered. It expired on Friday, April 11, 2001, and gave up to 35% on every deposit for qualified members who had accounts with GlobalOption.

These bonuses are announced regularly, so it is always worth it to check when you go to trade binary options.

Qualification Guidelines

Anyone who opens a new account qualifies for the bonus, generally speaking. According to the website, you must be 18 years or older in order to open a new account, and must deposit real currency (demo accounts do not qualify).

Seasonal or promotional bonuses have the same guidelines, but may also be accompanied by time limits and other special considerations.

Requirements for Withdrawing the Bonus

There are requirements that must be fulfilled before you can withdraw any bonus funds at (and other brokers). GlobalOption requires that you trade binary options in a volume at least 5 times greater than your deposit PLUS the bonus. Since the minimum for an initial deposit is $1,000, and a 25% bonus is $250, you must make trades with a combined volume of at least $6,250.

Therefore, you have to actually trade options regularly in order to get the bonus. All in all, the bonuses at are pretty comparable to other websites. The requirements to withdraw the funds aren’t too bad, either; some other websites require 10 times the initial deposit in trading volume. bonuses are about par for the course – except for the promotional bonuses, which are terrific when they pop up.

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