This article is a review about the binary options exchange of GFT.
A global leader in retail and online trading. Many years in the business and regulated by the FSA. The have offices in USA, UK, Australia, Japan ans Singapore. They offer Binary Options (they operate like an exchange), CFDs and Spread Betting. They offer demo accounts without deposit.
They operate like an exchange for Binary Options. They offer forex pairs, commodities, indices and economical events. High/ Low, Touch/ No touch and ladders are the options you can take.
You can find 5 minutes, 20 minutes, hourly, four hours and daily expiry times for their options.
In the screen shot above you can see how the trades look like in their platform (the DealBook)
As they operate like an exchange for Binary Options the payout is not something standard. If you will buy the contract at the beginning you have to pay around 50$ and this gives 100% payout but you can also find contracts at 70$ or at 4$ for example.
Withdrawal / Deposit
The minimum deposit is 150$ for new customers and 50$ for the existing customers. I have made several withdrawals with them and every time my withdrawal requests processed some hours later the same day.
I can’t find disadvantages for this broker. There is professionalism and transparency. You have to pass an interview by the phone in order to open an account with them. The only time I had a problem with them was about a month ago when a glitch in the platform made one of my trades OTM because the clock didn’t close regularly. I spoke with them and they were nice but I didn’t have a screen shot to prove this. You can find glitches in every broker, this is not my point, I just wanted to say this as it happened. I recommend them because is one of the most professional Brokers I have seen mainly if you are a Binary Options Exchange fan.