7option Review

7option Review

 

Company registration and regulation

7option, as a bank and securities dealer, falls under the regulation of the financial institution of Switzerland – FINMA .

In addition to the main company, Dukascopy Bank owns subsidiaries:

7option is registered in Latvia and is supervised by the Latvian Financial Markets Commission (FCMC).

7option is a broker licensed and regulated by the Japan Financial Services Agency JFSA .

Trading platform

For trading with binary options, the 7option has developed a special Web Binary Trader platform, which is equipped with all the tools necessary for trading, including indicators, economic calendar, technical analysis charts and much more. The platform is also presented for iOS and Adnroid mobile devices.

7option account types

To work with options, a trader needs to open a Live Account with the following conditions for trading:

Minimum deposit: 1,000 USD, 100 USD (with 7option Europe)

Minimum investment amount: 1 USD

Commission: none (except for the premium, in the amount of the contract, which the broker charges when concluding the contract)

Option types: Classic (Above / Below) and Touch Binaries

Expiration time: from 3 minutes to 23 hours 59 minutes

Note! The company prohibits the use of advisors and other automated systems during trading.

7option allows its clients to work with a wide range of assets, but 18 currency pairs are allowed to work with binary options.

7option account types

Input and output methods

Depositing funds, as well as withdrawing profit from the company’s account, is available by bank transfer , plastic cards Visa / MasterCard / Maestro, as well as Skrill, Neteller, Bitcoin.

Partnership programs

The company invites partners to cooperation, allowing them to earn money without trading on their own. At the moment, there are several types of programs:

Agency program – all interested persons can use it, attracting new clients to the company. As a reward, a partner can receive up to 50% of the trading commission, which is received as a result of the vigorous activity of the referred client.

External Service Provider – Any company or individual that owns their own technical / intellectual product can become a third party service provider. This type of affiliate program allows you to promote your own product with the support of a well-known brand, receive a fixed commission from clients for the provided service, and also receive an additional commission under the agency program

White Label – designed primarily for banks and regulated financial institutions. This cooperation program is designed for companies with a combined monthly trade turnover of $ 1 billion.

Solution for asset managers – this type of cooperation is available for account managers.

 

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