Dragon Options

Dragon Options

Score: 8.6
Bonus Amount: 1000$
Min First Deposit: $200
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Broker Details

Name Dragon Options
Founded 2010
Headquarters Location Cyprus
Support Languages English, Russian
Trading Platform Spotoption
Minimum 1st Deposit $200
Minimum Trade Amount $5
Bonus Upto 1000$
Options Profitability Upto 83%
Free Trade No
Options Refund upto 80%
Account Types Basic, Pro, Premium
Regulation Info Regulated under CROFR
Security and Privacy Info SSL 128bit
Free Demo Account Yes
Deposit Methods Visa, Mastercard, Bank Transfer, WebMoney, Skrill
Trading Methods Binary options, Option Builder, One Touch, 60 seconds, Black Dragon (buy me out)
Types of Assets Indices, Currencies, Commodities, Stocks, Pairs
Number of Assets 100
Account Currency USD, EUR, RUB, TRY
US Traders Allowed USA
Mobile Trading No
Tablet Trading No
Free Assistance Yes
Free videos Yes
Free tutorials Yes
Free webinars Yes
Market news & analysis Yes

Home Page screen shot

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Trade page screen shot

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Pros

  • Risk free offer for new depositing traders
  • Wide range of assets to choose from (100+)
  • Low minimum trade size ($5)

Cons

  • No mobile or tablet trading
  • No demo account
  • Not accepting US based traders
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Review

Background: Dragon Options was launched in 2011 and is owned by Dragon service Ltd, They have several offices around the world including…

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Background:

Dragon Options was launched in 2011 and is owned by Dragon service Ltd, They have several offices around the world including Russia, UK and their main office in Cyprus. They are powered by one of the big three binary options trading platforms, Spot Option.

DragonOptions offers customer care and support in 4 different languages (English, Russian, Turkish & Arabic) via chat, email or phone 24/7.

The platform:

Sine Dragonoptions.com is powered by SpotOption you can expect a no download, browser based smooth trading experience and find the following binary options trading methods besides the standard up/down:

  • Option builder
  • One touch
  • 60 seconds trade
  • Black dragon (aka binary meta)

They use Reuters as their quotes and data feed which is considered as the industry’s standard.

Pay attention to:

  • DragonOptions is regulated by CROFR, an independent & nonprofit organization that was established to monitor the level of service for brokers and dealing centers in the financial markets.
  • The minimum trade size allowed in Dragon Options is $5 and the maximum trade size is $2000 both borders allow new and inexperienced traders to hone their trading skills at lower risk.
  • There is no demo account available but Dragonoptions do offer new users who deposit at least $300 the ability to trade with no risk at certain times and trades and get 100% refund on losing trades.
  • Large number of assets are available to trade (100+
  • Comprehensive & free video tutorials, webinars, E-book and more helpful guides.

Conclusion:

Dragon Options is a good starting point for new investors, allowing new users to deposit only $200 and start trading right away, their wide range of trading assets is appealing to experienced traders as well along with a welcome bonus that goes upto $2000. Customer care representatives are fairly quick to respond and offer free assistance upon demand.
When comparing dragon options to other online options brokers – Dragon Options proves to be a worthy one.

Dragon Options binary options broker review
DragonOptions binary broker
Date Published: 02/12/2013
Dragon Options online binary options broker review by INVESThing.net staff
8.6 / 10 stars
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