Finally, just right after posting a YouTube video on how technical analysis tools are usually not available on the binary options brokers platforms and explaining to my viewers that proper analysis should be done with independent charts, I found that YESoption initiated a solution that has completely taken away the need to navigate between several websites in order to trade binary options. In fact, they did an amazing job at integrating a wide range of technical analysis tools, larger charts, free signals and daily analysis. They integrated the website with the TechFinancals technology provider, allowing brokers likes YESoption.com to combine Forex and Binary Options features all in one platform! Many traders believe that the TechFinancals technology is better than the Spotoption technology which is behind most binary options websites.
In this review I want to go over some of the advantages and disadvantages with this broker. YESoption is very popular among traders who are looking for the No Touch feature which yields high returns. In a recent article, we posted a No Touch Trading Pattern for Binary Options in case you are interested to learn more about this feature.
Why is YESoption.com one of my favorite brokers?
1) Full integration of Forex and Binary Options features into one platform which gives an edge to traders who are now able to take advantage of features such as the stop-loss, take profit and 100:1 leverage and if you’re coming from the Forex arena, you will definitely appreciate this type of integration. Traders can enjoy these features while at the same time gain access to Take Profit, Roll-Over and some of the common binary options features, therefore making it an all inclusive FX/Binary Options Platform!
2) High payout of up to %89 on winning trades and %15 on losing trades offered with all the regular binary options features such as boundary, high/low, and short-term which means 30 sec, 60 sec, 5 minutes and %1000+ with No/One Touch. Very Important: Yesoption offers up to %15 on losing trades vs most brokers who offer a % refund on OTM trades!
3) Another huge benefit is the wide range of expiry times which can help you when you are trading with signals as you can always find the right expiry time available on the YESoption trading platform, similar to StockPair which is no longer available worldwide, you can match the right expiry with the signal due to the greater flexibility that is offered to traders with the expiry setting. This is a common issue and a reason why many signals services fail, and in this case the answer is “YES”, since YESoption is a broker you can integrate with most binary options signals services and software providers!
4) Comprehensive technical analysis ‘Tools Section’ page where you’ll find: Heat Map, Binary & Forex Pivot Points Calculator, Daily Economic Calendar, Daily Support and Resistance, Fibonacci Calculator, Financial News and Mobile Trading! Besides mobile trading none of these important features are offered on the Spotoption broker platforms, %90 of the brokers in the industry, which is another reason why YESoption and its integration with TechFinancials introduced a far more sophisticated platform suitable for beginner and advanced traders alike.
5) As for payout, the ITM payout is very high with up to %89 on winning trades and you can get up to %15 on losing trades which makes the payout very competitive in comparison to the average %85 on winning trades and %0 on losing traders which is offered by most brokers.
6) An extensive Asset List with all possible currency pairs available, over 10 different commodities and all the popular stock options. I really find it hard to believe that there’s an asset you might be looking for and won’t find on Yesoption.com
Watch my YESoption Review on YouTube
YESOption Review Conclusion
I want to finalize this review with the most important factor we need to consider when choosing a binary options broker, which is RELIABILITY and in reference to YESoption.com, you can be sure that they have a clean, solid reputation and they’ve been keeping it for a few years. I never received a single complaint from my blog or YouTube subscribers and I can reassure you that a Google search will yield no negative results. In terms of reliability I give them a %100 score! The only issue with this broker is the $25 minimum trade and the $250 minimum deposit, however, if you are not ready to place $25+ on each trade, you can always trade on a free demo account. In any case, you can’t really generate profit with $5 trades, so if you are already at the point in which you are ready to start trading with a live account, I strongly recommend checking out YesOption!
Important Risk Note: Trading binary options can generate significant benefits but also involves a risk of partial or full funds loss and should be considered by initial investors. we strongly advise that you read our terms & conditions and disclaimer page before making any investment. customers must be aware of their individual capital gain tax liability in their country of residence.
ATTENTION: IF YOU ARE TRADING WITHIN THE USA, I do not encourage you to register with a non CFTC regulated, US Based binary options broker. The broker in this review is not regulated in the United States.
It is against the law to solicit U.S. persons to buy and sell commodity options, even if they are called \prediction’ contracts, unless they are listed for trading and traded on a CFTC-registered exchange or unless legally exempt.