SetOption Review

Our Rating
9.1
Pros: Several Trading Platforms, High Number of Assets, Secure Deposit Methods, Bonuses for Existing Clients, Top Notch Education Features, Suitable for All Trading Levels
Cons: More options in lanuages could be helpful
User Rating
0
(0 votes)
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SetOption Overview:

As one of prominent trading platforms specializing in options trading, SetOption brings forth a platform that is accessible for binary options traders of all skill levels.

A wide range of assets that include currencies, commodities, stocks, and indices are provided by this platform, which is quite convenient for traders.

The technical tools presented by this platform serve efficiently in the real trading scenario. Opening trading accounts is also quite easy, and traders can also take the assistance of the reliable client support team.

Payouts: In The Money 85%
Payouts: Out Of The Money 10%
Minimum Deposit No Minimum Deposit
Minimum Trade Amount $20
Maximum Trade Amount $1500
Traders from USA Allow
Demo Account Yes
Platform Type Spotoption
  • English
  • Japanese
  • Arabic
  • EUR
  • USD
  • JPY
  • GBP
  • RUR
  • TRY
  • AUD
  • HKD
  • CAD
  • CNY
  • PLN
Up/Down Yes
Touch Yes
60 seconds Yes
Deposit Options Credit Cards, China UnionPay, CashU, E-Wallets, Wire Transfer
Withdrawal Options Credit Card, E-Wallets, Wire Transfer

SetOption Review:

 

Usability – 0.9/1

SetOption focuses on presenting a user-friendly platform where traders can make use of sophisticated features when investing in binary options. Being a web based platform, the interface is easy to navigate, and operate. Various educational resources offered by the trading platform are extremely helpful.

 

Payouts – 1/1

Traders can enjoy significant payouts when trading binary options with SetOption, which are in the range of 70% to 750% of the invested amount. A 0-10% return of the invested amount is available when the options expire out of the money.

Deposits & Commissions – 0.9/1

There is no requirement for regsitartion fee or commissions with the SetOption. Traders also need not deposit money during registration with the platform.

Payments Options – 0.9/1

SetOption offers several options for traders to deposit and withdraw funds. Traders have the flexibility to choose means such as wire transfers, credit cards, e-wallets or CashU for fund transfers in their accounts.

No. of Assets – 0.8/1

Traders can choose assets from a range of 60 assets for trading in options. The platform offers 24 stocks, 7 commodities, 11 currency pairs, and 23 indices from which one can choose a suitable underlying asset for placing options trade.

CITIGROUP (US)
MICROSOFT (US)
APPLE (US)
NIKE (US)
GAZPROM (RUSSIA)
BP (BRITISH PETROLEUM)

LUKOIL (RUSSIA)
SBERBANK (RUSSIA)
COCA COLA (US)
HSBC HOLDINGS (LONDON)
TATA MOTORS (INDIA)
TURKCELL (TURKEY)

TESCO
TEVA PHARMA
PETROBRAS
NISSAN MOTOR
IBM
BAE SYSTEMS (LONDON)

EXXON MOBIL
AIG
AMAZON
ANZ BANK
ARABIAN PIPES COMPANY
AXIS BANK

FTSE 100 (U.K)
Straits Times
KL Future
ASX (Australia)
SSE180 (SHANGHAI STOCK EXCHANGE)

BOMBAY SE
KUWAIT (KUWAIT GENERAL INDEX)
QATAR (DSM20)
EGX 30 (EGYPT)
TADWUL (SAUDI STOCK EXCHANGE)
MSM 30 (OMAN)
DAX (GERMANY)
NASDAQ FUTURE (US – NASDAQ 100 FUTURE)
S&P FUTURE (US S&P 500 FUTURE)
HANG SENG (HONG KONG)
DUBAI (DUBAI FINANCIAL MARKET GENERAL INDEX)
ISE 30 (ISTANBUL STOCK EXCHANGE)
NASDAQ (US)
S&P 500 (US)
DOW (US – DOW JONES INDUSTRIAL AVERAGE)

SUGAR
COFFEE
COTTON

WHEAT
CORN
GOLD

PLATINUM
OIL (LIGHT SWEET CRUDE)

NZD/USD
GBP/CHF
CAD/JPY
AUD/JPY
GBP/USD
EUR/USD

GBP/JPY
USD/ZAR
USD/SGD
AUD/USD

USD/CHF
USD/RUB
USD/BRL
USD/TRY

EUR/GBP
EUR/JPY
USD/CAD
USD/JPY

Expiry Times – 0.9/1

The choice in expiry times available for options traded are 30 minutes, 1 hour, 2 hours, daily, and weekly for traders. This is quite convenient for those who prefer short-term as well as long-term investments.

Platform Languages – 0.7/1

The platform can be accessed in three languages, which include Arabic, English, and Japanese

Platform Features – 1/1

The platform is well designed and the various information such as types of platform, account opening, as well as client support are organized in a neat manner.

Backed by sophisticated software, the platform is also quite secure, and thus one can participate in binary options trading in a confident manner.

 

Special Offers & Bonuses – 1/1

The selection of offers, referral bonuses, and rewards presented by the SetOption trading platform are available for existing clients, as well as for those investors who have recently registered with them. These offers and bonuses are a main part of promotion programs planned by SetOption

Customer Support – 1/1

The trading platform offers an excellent technical support who ensure that the queries related to account opening, or registration are resolved promptly. The support is available 24/7 and can be contacted via email or live chat.

Pros:

  • Several Trading Platforms
  • High Number of Assets
  • Secure Deposit Methods
  • Bonuses for Existing Clients
  • Top Notch Education Features
  • Suitable for All Trading Levels

Cons:

  • More options in lanuages could be helpful

 

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