Broker Review: Tech Option

The developers at Tech Option believe that their platform is head and shoulders above the competition because they combine “global diversity, technological sophistication and a user-friendly interface.” They provide many different services for mobile trading, social trading to portfolio management and trading resources. Today I will take a look at all of these features and let you know if they truly have an advantage over their competitors or not.

The creators of the platform are located at Suite 305, Griffith Corporate Centre, P.O. Box 1510, Beachmont Kingstown, St. Vincent and the Grenadines. To get in touch with support, traders can email support@techoption.com or phone +442-080-680-527.

Tech Option Review

The first thing I notice about the Tech Option brokerage, is that their website is a little less professional than we are used to. Generally, websites for binary options brokerages are much more sleek and aesthetically pleasing. The front page on this one is somewhat clunky, and doesn’t instill the same sort of confidence that we see from the competition. This isn’t a major issue, but it’s something they should probably be looking at is a company moving forward. Personally, when I’m looking to invest money, I want to invest with the website that looks the part.

Features and Services

Now it’s take a look at some of the features and services.

The developers of the platform included mobile trading because they believe that their clients want to have the ability to take advantage of trading opportunities whenever they arise. They don’t want their clients to miss out on opportunities. Generally, I like to trade on my computer, but this is a great solution for traders on the go.

Another important feature is their social trading network, which is free for all of the Tech Option clients. This service allows traders to copy and follow other “successful traders’ moves strategies and techniques.”

The third interesting feature included in this platform is the ability to have your portfolio managed by personal financial advisor. I never recommend this type of approach because I found that binary options account managers are nothing but trouble. You can read my article on that to see why.

The Company Overview

The Tech Option developers claim to “have brought together financial experts and tech specialists whose combined efforts,” have turned their brokerage into one of the “world’s leading investment groups.” This seems like a bit of a pipe dream from what I’m seeing. This broker does not come across as a leader by any means. In fact, this is one of the smallest, if not the smallest, brokerage I have ever done a review of.

Community Feedback

There is no real community feedback for this broker, due to the reasons I have outlined above. This broker has very few clients.

My hope is that in doing this review I provide the binary options community a place to discuss and review this platform moving forward. This will give us more information, and via the best medium possible, real consumers.

Conclusion

At this point in time I have no plans on signing up with Tech Option. I appreciate a lot of their features, and want to personally test out their social trading platform, but I just don’t see anything that sets them apart from the other brokers I’ve reviewed. The only real difference is that the web-site isn’t very professional looking, and they don’t have any reputation in the market. This could be a good thing, but we will have to wait for the real client reviews to come in before we can totally understand that side of the story.

Thank you for stopping in, and please leave a comment with your experiences or thoughts.