Magnum Options Review – Good Broker or Scam?
You are on this page because you want to find out if this broker is legit so you won’t waste your money…
What we are going to do in this Magnum Option review is go through what this broker has to offer and from there you can make the decision to open an account with them or not.
First, let’s take a look at their history…
Magnum Options Review – The Company
Magnum Options is actually the new kid on the block and only recently got into the binary options broker world. They launched in 2013 and quickly started to grow to the point where now they are very reputable.
Magnum Options has a lot to offer and have great benefits compared to other trading platforms. For example, you can open a demo account free of charge and you can get 10% return on unsuccessful trades…
By the way, there is NO catch to the demo account being free, they actually do offer that with no strings attached.
Magnum has no additional fee’s or commissions so investors have a genuinely good deal on their heads which should be taken full advantage of.
Magnum Options – Assets and Trading
Magnum options has a lot of variety of choice in it’s offers. It has a huge list of tradable assets including stocks, commodities, indices and currencies which provide the investors a lot of choice and making it a good trading experience.
Overall they have 61 assets:
- 9 Forex Currency Pairs
- 7 Commodities
- 23 Indices
- 22 Stocks
They use a very user friendly trading platform and put in a lot of work to personalize it and make it look unique…
They have 5 types of trades:
Classic Binary Options – This is where the traders predict if the asset will go up or down.
One Touch Options – Payout is determined by an asset “touches” a predetermined level.
Options Builder – This mode gives you more control over the trading conditions they want to trade in.
60 Second Options – This is a face paced trading session. However, these can be risky so watch out for that.
Option Pro – This is unique to this broker.
Trading Accounts in Magnum Options
You have 4 different options when it comes to their accounts.
- Standard account
- Premium account
- Executive account
- Magnum Elite
The main difference between the accounts is higher deposit amount and more bonuses depending on which account you decide to open.
Minimum Deposit: $200/Eur 200
When it comes to customer service, you won’t find Magnum Options slacking here. They offer 24 hour 7 days a week service.
- Live Chat (24/7)
Magnum Options Review – The Verdict
So what is the verdict?
Get ready for this…
They are NOT a Scam of any kind. In fact, we use them and they pay out every single time. We never had an issue with them and for THAT reason we recommend them…
Go ahead and open account with them below:
If you use our link, we will send you bonus training and our special elite Facebook group with expert traders spilling the beans on how to trade properly!
We have people making 6-7 figures in our groups (Note, everyone’s results may vary and some people might not make any money).
Once you are in, we will send you a welcome email to get you started the right way.
I hope you enjoyed our Magnum Options Review and please share with us your experience with this broker in the comments below.
-Jesse Singh & Sean Agnew