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Published on May 13th, 2016 | by John Kane

5

WM Option Binary Broker Review

wm-optionWM option is a binary options brokerage we’ve been testing here at binary today for the past few months. The broker uses the spot option platform and does a good job at simplifying the trading process.

Today I’ll be providing a full review including my experiences and giving the binary today readers an area to air any grievances they may have.

Your Rating: 1 Star2 Stars3 Stars4 Stars5 Stars (4 votes, average: 3.70 out of 5)


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WM option review

My first impressions of the WM Option broker are positive. The brokerage is using the spot option version 2 trading platform which is very simple and straightforward. There’s nothing overly special about this broker as their focus is on reliability and service. The returns are good and there are no strange extra fees or trading conditions to worry about.

I have very few complaints about this binary options broker, the only negative aspect I see is that they don’t go above and beyond. They are using a very common platform and don’t seem to differentiate themselves from other binary options brokers. This isn’t a major issue.

The WM Option offices are displayed on every page: Omni Global Solutions SRL Bucharest, Third sector, 17 BABA NOVAC street, ground floor, Bl. G13 ,2ND entrance, Ground Floor , suite 45, District 3 , Romania. The brokerage was founded in mid-2015 and has a very positive reputation online. I believe that this broker is an up and comer and while I may not recommended today I believe that we should keep this on our radar moving forward.

Video Review


The WM option trading platform provides traders with candlestick charts which allows traders to better analyze the markets within the platform. It’s common for traders to do most of their analysis in meta-trader 4 but the charts in this brokerage allow for traders to do some analysis inside the platform, which is a nice option to have. Their platform also provides a strategy advisor which provides predictions based on common binary options technical indicators. I prefer traders do this work on their own as I don’t feel like any binary options broker utilizes indicators properly.

The brokerage does include an Academy section where they keep all their educational materials. Here there are live webinars as well as a system that allows traders to receive live trading signals. I’ve not tested the WM option signals and I usually don’t ever use binary options broker signals so I won’t say that this is a must have feature.

They offer a variety of trading accounts starting at $250 and going all the way up to $50,000. There are quite a few options here but no matter what your level of trading, you can start with this brokerage.

I don’t believe that I will be recommending WM option over the top rated binary options brokers here at binary today but I do believe we should keep them in mind for the future. I think that this brokerage shows a lot of potential but I would like to see if they are able to sustain their clean reputation over a longer period of time. If you have anything you would like to add to this review please leave your comments or questions below the article now. Thanks for coming to binary today and have a wonderful start to your weekend.

 

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About the Author

I am a full time binary options trader. I was able to leave my job in the last 5 years and dedicate myself to trading fully. I never thought my hobby and passion would make a living for me but I am grateful every day that it has. My main goal now is to communicate with the binary trading community, contribute to different websites and learn from other traders.

Disclaimer: Binary Today would like to remind you that the content contained in this website is not necessarily real-time nor accurate. Past performance does not guarantee future performance, the above is not indicative and is purely for educational purposes only. Relying on the above for investment, trading or betting in binary options or Forex is not advised unless done so with virtual money only.

Binary Today or anyone involved with Binary Today will not accept any liability for loss or damage as a result of reliance on the information including reviews, recommendations, charts, software, income reports and signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.


5 Responses to WM Option Binary Broker Review

  1. claudio j a schmirman says:

    Unfortunately I have followed your review on this broker. If you like I could send you all the proven details and find out what for experience I am getting.It was the designed one in order to start with the Snapcash software, after several calls I finally got understood that I will only deposit the minimun required and never more just to try the Snapcash. I realised that Snapcash is not for me because after 2 days and 9 trades I saw the low results and having so bad experience with, I decided to close the account sending a signed letter, wich explains that my expectations were others than the result with the software. So far and after 3 weeks of calls to rhe support and having to answer again and again to the account managers and supervisors, they still have my money, the account is still open and probably if I do not used they will charge me with the costs? Lets see, so far the withdrawall is not showed in the account and the support still answered that needs the accord of the manager, I am wondering if they will keep on trying to get more money from me! The answer is NOT but their behave does not match to your report, am I right?

    • John Kane says:

      Sorry to hear that Claudio.

    • Steve H says:

      I understand your frustration Claudio as I too went through the same process and finally after persisting for 2 months I finally had my funds returned and my account closed but they still insist on calling me until I had to put a block on their number. I must admit though, even though they were frustrating to deal with I never found them rude or abusive like others I have dealt with under the CYSEC regulations.

      Please stay extra clear of Optionbit. They are the worst of the scammers and have actually manipulated people and their accounts to blatantly steal from them, me included. All the best to you.

  2. Helen says:

    My husband signed up for a Rookie account and then decided to opt out. He has had to provide copies of credit cards, drivers license and a utility bill. They stresses that the bill had to be less than 6 months old, ensure credit cards are signed and resolution is good. After sending a copy of a bill they requested it be resent ensuring edges were visible and the resolution was good. They said these were international law requirements but I’m worried about identity theft especially since they needed edges and good resolution. What do you think?

    • Vanessa says:

      Hello helen.
      Sorry to hear your experience. I’m new to this wmoptions and ive just done my requirements and i didnt have good resolution on them…they then called me and told me we have recieved you documents and they have been accepted. Still unsure of whether to continue with them after reading all these reviews….
      Thanks

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