Published on March 8th, 2020 | by John Kane31
Broker Review: Option League
Lately I’ve been getting questions about a new binary options brokerage that starting to draw some attention, Option League. This broker promises to offer “the ultimate trading experience” by providing a superior platform which simplifies the binary options trading process. The creators of the platform believe that this will help traders achieve maximum profitability and have a more enjoyable experience than they’ve had in the past.
Owned by Lorya Media LTD, this new, 2017 broker is located at Copthall 8, 00152 Roseau Valley, Dominica. They can be contacted via phone, USA: (877) 414-1241, United Kingdom: +44 208 068 3592 and Austria: +43 660 510 8494. To get in touch with their support, traders can also email [email protected].
Option League Review
The Option League brokerage runs on the O-Systems platform. This platform has been around since the beginning of binary options and while it only provides traders with the ability to trade high low option, they do have a very extensive amount of time frames to choose from. Considering all I trade is high low binary options, this will not affect my judgment or use of the brokerage.
There are 4 main aspects that are advertised above all else, in terms of why traders should sign up with this brokerage.
In looking at all 4 of these factors, it’s quite apparent that the people behind this brokerage want us to feel safe with their platform. They consistently tell us that it’s very simple to use, and that there technologists “have created a trading platform which has no parallel in the binary options market today.”
There are 8 features being pushed in order to promote the Option League broker.
They provide one click trading which provides preset trading with up to 99% payouts. Social trading, which allows traders to clients at the brokerage looking to share their signals. Graph display, Japanese candlesticks, personalized colors and quick options that give traders the opportunity to trade any expiry time between one minute and 4 minutes. They also provide long-term options which are up to one year long. Personally, one year is too long to wait for me as I prefer trades in the 5 minute to one hour range.
The last feature that they discuss is the buy more time feature which “allows traders to extend the expiration of an open position by an additional 10, 20 or 30 minutes without needing to rollover to the next expiration period.” So, if you’re in a trade that is just about to lose, you can extend that trade in the hopes that the market returns to a winning position.
As the Option League broker is still very fresh, there is no real client feedback at this point in time.
To see how this broker stacks up, see our full binary options broker ratings.
Personally, I like what I see so far from this brokerage, but I do hope to hear from some client soon so that I can get a more well-rounded view of the brokerage.
There is a lot of positives derived from the professionalism and sleek aesthetic of the Option League sales page. I am impressed with what I’ve seen, and I plan on doing more research on this broker in the near future to come to a final decision. At this point, I’m going to register with a broker and start testing it myself to see how it performs. With no client feedback currently, I feel it’s only right that I complete the test myself.
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