Redwood Options Review – Good Broker or Big Scam?
You are most likely on this blog post because you want to find out more about this new broker. First, I want to say congratulations on actually doing your research before investing your money in a broker. So many people jump into these brokers with no research and then find out they got scammed…
In this Redwood Option review, I am not going to hold anything back and tell you how it really is…
Find out if this broker is legit or a scam…
Redwood Options Review – The Company
Redwood options is relatively new to the marketplace. Launched in 2013 and based in Anguilla, the company has quickly climbed up the ladder and now is considered one of the biggest brokers in the world…
The Redwood has really built a nice foundation that provides all that you need to start trading the right way with a great platform. Not only that, the company has great customer service where you can contact them both by phone or live chat.
In my books, so far this is looking pretty good, but let’s take a look at their software’s and features…
Redwood Binary Options Review – Features
When it comes to binary trading options, Redwood Options doesn’t disappoint at all, in fact, it’s keeps up with the top dogs in the industry…
Traders have the following options:
- One Touch
- 60 Seconds
Options Expiry Times:
- 60 Seconds
- 15 Minutes
- 30 Minutes
- 1 hour
- 24 hour
Other features include:
- Option Builder – This allowed you to create your own setup daily if you like
- Open Platform – You can trade many different ways with this spot broker
- Free Demo Account – You can get your free demo account. Get a Demo Here.
Unlike the RB Options platform which can be glitchy at times specially for those 60 second trade, Redwood Options got it right with no reliability issues what so ever.
Not only that, they have 158 trad-able assets that’s broken down in these groups:
- 82 stocks
- 7 Commodities
- 25 Currency Pairs
- 44 World Indices
- 24 Stock Pairs
In other words, you have lots of options if you decide to go with Redwood Binary options not to mention that have a high payout of 81%!
Let’s check out the accounts…
Redwood Options – The Accounts
Opening a account with Redwood is straightforward…
All you will need to do is select your preferred trading currency, which will be the only currency you can trade in. The minimum deposit to start trading is $200/200 British pounds or 20,000 Japanese Yen.
In some cases, you might get the chance of a 100% bonus on your initial deposit, which certainly entices many traders.
The maximum deposit depends on which deposit method the trader is using…
For example, if the trader is using “Wire Transfer”, there is NO limits. However, if you are using a credit card, you have a limit of $5000…
By the way, the minimum withdrawal amount is $100, but are different depending on the currencies you use.
Redwood Options Review – Conclusion
Overall, Redwood Options is one of our all time favorite and highly recommend them for novice to veteran traders out there…
With a maximum payout of 81% and the company growing bigger and bigger, it would be foolish not to give them a go.
There hasn’t been any complaints either on the internet…
Plus, you can always get a free demo account which is great specially when you are first starting out. We recommend you doing 200 demo trades before you start using your own money.
ONLY down side is for American members…
Redwood is constantly saying they will no longer accept US accounts, but for some reason they keep pushing the dates.
If you are from the USA, I would open an account NOW before it’s too late…
If you decide to use our link to open the account, we will provide you with BONUS training and show you how easy it is to be profitable with Options.
We have 6 figure and 7 figure earners showing you how to properly trade and possibility make this to a career… (If you like to).
I hope you enjoyed this Redwood Options review And…
If you are in Redwood Options, please share with us your personal results and how you like them?
Jesse Singh & Sean Agnew