Regal Options Review
Regal Options ReviewJuly 27, 2013
Regal Options is one of the newest and most exciting binary options brokers offering up to 81% return on investment and over 40 popular assets to trade from. If you are a professional trader, or just someone starting out, you will find Regal Options offers a first class trading environment.
Special Platform Features
• No-download web trading interface
• Language Support is provided in English, German, and French.
• Customer service available via phone, mail, and chat window.
• Receive up to 81% in ROI on winning trades
• If your contracts expire out of the money, you qualify for the insurance program (cash back).
• USA traders accepted.
• Around 40 assets available (however this is growing on a daily basis)
• You will not be charged broker fees.
• Minimum trade is $10 for digital options and the maximum is $1,000.
• Minimum deposit amount is $200 EUR/GBP and the max is $5,000.
• Turbo trading available: 60 Seconds, 5, 10, 14, and 30 minute contracts expiry times.
Getting Started with Binary Options at Regal Options:
Regal Options is powered by Tradologic, one of the best binary options platforms available online today. Offering a user-friendly and no-nonsense trading environment, this platform will provide you with everything and anything you need in order to start executing trades from the second you finish signing up and deposit until you make your initial investment.
To finish the registration you only need to complete 5 steps and then you are automatically transferred to the cashier section of the software. Opening a contract is extremely easy, you simply choose the asset type EUR/USD for example, the expiry date and time, and then call or put depending on what you believe the outcome will be.
Trading Types Available
- Turbo Trading: Enjoy action-packed trading fun with 5, 10, 15, and 30 minute trading contract expiration times. And of course 60 second options will almost always be available.
- Range: Simply forecast the price of an underlying asset correctly according to the price range. If it’s inside or outside (depending on your prediction) when your contract expires, you have a winning trade.
- Digital Options: Regular above or below trading type. Just to guess the direction of the trend correctly and start collecting your cash.
- Touch: Predict if a certain asset will touch a pre-selected price before the expiry date and time. Mastering this is a bit tricky, I wouldn’t recommend it to novice traders.
Simply put, customer service was impeccable, and the level of professionalism displayed was really out of the ordinary. I got everything and anything I wanted served on a plate without too many questions asked. I was amazed at how quickly the support rep answered the chat and when I asked for a manager I got Jeff after 1 minute.
The VIP Program starts at Basic, where you would get a 30% bonus, weekly market reviews, analysis, and basic strategic training. The Amber Club will get you a dedicated account manager and one-on-one training sessions including 2 free trades and faster withdrawals. Platinum gets you a full binary options training course from a seasoned trader, and VIP club status will pretty much have the trading floor manager doing handstands for you.
Regal accepts all credit card types such as Visa, Mastercard, American Express (Amex), Diners Club, and JCB as well as wire transfers. E-wallet solutions such as Moneybookers or Neteller are not offered at this time.
Cashing out is an amazingly fast and easy process. Once your identity is verified and all documents are on file your get your money after a few business days. It comes directly into your bank account and shows up on your transaction history.
Compared to other brokers like Redwood or Anyoption, Regal Options is unique in the sense that it provides a simple yet highly intuitive trading platform which appeals to all kinds of traders. If you are a basement trader with a background in Forex looking to make a switch to binary options, or alternatively a Wall Street Veteran looking for a new broker, you will find Regal Options to be the smart choice if you really want to start investing and making money. Overall score is 9.7/10.