A Review of WMoption
What seems to draw the majority of traders to WMoption is their superior customer service, in addition to a wide variety of FX options and one of the safest money transfer methods in the industry.
The First Date
At a glance, we can see all that made WMoption’s platform o accessible and user-friendly. Their clients can benefit from a plethora of knowledge on FX options as well as a useful glossary of general terms of this industry. In other words, everything they need to know in order to get around in this business is at the tip of their finger, literally and metaphorically. This translates to a lot of satisfied clients and those tend to stick around much longer, generating more trade volume and telling their friends to come over. As far as FX options brokers’ strategies go, this one has proven to be quite effective.
The Trading Platform
Their platform may be simple, but their selection of assets to trade FX options on is anything but. They have enabled an entire array of expiry times on their binaries, ranging from 30 seconds, to one, two, five and ten minutes, to half an hour or longer. Either way, you will have a team of professional analysts at your disposal in case there are any inquires on your part. The platform itself draws its strength from TraderSoft, which in turn means you get a whole bunch of trading instruments to play with. The options are varied, including High/Low, One Touch and others. Assets include currencies, commodities, stocks and indices.
As far as transfer goes, they accept credit cards, Wire Transfer, e-wallets and all sorts of money transfer services, both for deposits and withdrawals. There is also a hefty bonus deal lying in wait, but those depend on the type of account selected. Of course, higher tier accounts have more perks and better bonus deals as well.
Service and Support
Any and all WMoption’s clients can enjoy the fullest extent of their support centre, available at any time of day and night, over the phone, email or they can engage in live chat with their representatives. In addition to all of this, their representatives can also be contacted via the customer’s account directly. As for the phone, there are 18 different numbers to call at any time. Also, if Skype is the preferred method of communication, they can and will accommodate.
From what we could tell, these guys aim to attract and keep their clients with their superior customer support and good return rates. The investment options are top-notch and available through one of their signature trading platforms. Instead of dodging their clients and hiding from them, they have taken a much more amicable approach, and their clients seem to appreciate it, as will you, in case you decide to sign up. Of course, things aren’t perfect, as this industry is inherently flawed, but it is not like we can expect this broker to solve these problems, can we?