Recently launched in 2013, Redwood Options has already become the binary options broker of choice for an ever-expanding global client base. In reviewing Redwood Options, we were impressed by its simplicity and extremely user-friendly interface.

Few trading platforms have managed to make themselves as accessible as Redwood Options while still retaining a wide range of features to keep more advanced traders interested. Ideal for first time traders and experienced investors alike, we noted that it offers all of the classic trading options, including High / Low, One Touch, Option Builder, Meta Charts and Pair Options.

Their collection of 150 tradable assets is sufficient in offering traders a variety of options without being too overwhelming.

Basic information:

Online since: 2013
Jurisdiction: Cypros
Software: SpotOption
Max Returns: 81%
Minimum Deposit: $200
Minimum Investment: $10
Maximum Investment: $5,000
Currencies: USD, AUD, CAD, EUR, GBP
Mobile: Yes
Countries: All nations, but not US customers

Pros:

– Good variety of options
– Very high deposit bonus
– Excellent payout rates
– Small minimum investment

Cons:

– Customer service sometime slow

Binary Options Rating:

Account types

When assessing Redwood Options, we researched the various account packages available to customers. In-keeping with its streamlined, no-frills approach, Redwood Options offers 3 package types which easily encompass all kinds of traders.

The Mini Account

The Mini Account is the most basic package available and ideal for those taking their first steps in binary trading. It offers a 30% bonus on signing up, as well as daily market updates and completely free support via phone and Live Chat.

The Executive Account

The Executive Account is more tuned to those who have gained a firm foundation in binary trading, and includes a significantly larger welcome bonus of 70% bonus. This is in addition to your own personal account manager, step by step video guide, tutorage in how to develop a trading strategy and expedited withdrawals of your funds.

Gold Account

Redwood Options’ Gold Account is its most exclusive offering, with an amazing 100% sign-up bonus, a high-ranking account manager, same day withdrawals, five risk free trades plus instruction on trading strategies and money management.

Customer Service

We found Redwood Options’ customer care team to be particularly helpful and well equipped to deal with clients’ enquiries in a timely and efficient manner. Dedicated customer support is a highly valuable service and one which Redwood Options provides its traders with on a 24/7 basis.

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