Verum Option Review

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Verum Option

Overview

Verum Option – a broker for trading in binary options, founded in 2020. The main advantage of the company is the provision of profitable and transparent conditions for trading in the financial market. The company is licensed by the CROF (RU 0395AA Vv0075), and is also a member of the NAFD strategic committee. The successes of Verum Option were awarded with prestigious awards: the Best Broker of the CIS 2020 and 2020 (IAFT Awards), the Best Binary Broker 2020 (ShowFX World), and the Best Binary Broker of the CIS (Forex Expo). This suggests that the company has earned a high praise not only from professional experts, but also primarily from the clients themselves (for example, the IAFT award is awarded following an open online vote).

Rating chart

Detailed Information

Verum Option Reviews

Kwan Nguen from Viet Nam

This broker is really reliable and its help I get a relatively small but a stable income, applying to it only mental effort and without straining. This can be said, a worthy replacement of the official factory salary, so i dont spend on travel and dining, and I can earn more, only while there is not enough time.

Hayn from American Samoa

For a long time I wanted to try to work with Expertoption broker, and recently I decided. The result was satisfied, everything works fine, there were no problems. The profit did not take long.

Hamilt from American Samoa

I was quite pleased with the Expertoption broker. In my opinion, this is a fairly easy-to-use broker, which can actually bring a very good profit.

Chin Xion from Vietnam

Only negative to the broker. Regular technical work, draining the deposit, inability to withdraw funds if it less than the minimum amount.

Karl from Venezuela

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Best Binary Options Broker 2020!
    Good Choice for Beginners!
    Free Trading Education, Free Demo Account!
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  • Binomo
    Binomo

    2nd in our ranking!

I recently switched to a coupon and for a very long time could not get used to the quotes. I constantly compared and I realized that all quotes differ from all suppliers, for a couple of thousandths, because forex there is no single clearing center. The main thing is the correct and prompt direction.

Ritz from Germany

I do not recommend this broker. technical support . more incompetent employees, I have not yet met. I asked a question and I waited for an answer of 20 minutes! TWENTY MINUTES .

Mathew from United Kingdom

I worked with this broker several months ago. Didnt like it – went to another place. Service as such is absent. Work with them – do not respect yourself and your time. The result is zero.

Shaan from Pakistan

I wasnt pleased with the results of working with this broker.

Krzysztof from Poland

Tried to register! Did not work out! Require a new email and phone!

Verum Option Review

Verum Option – Broker Review and Trader Feedback

Verum Option is one of the leading binary brokers. The honesty of its trading environment is the main reason that made it popular.

1. General Information

The company offers a modern and multifunctional trading platform, a wide range of basic assets and tools and an application for smartphones.

2. Advantages and disadvantages

Convenient trading platform with a huge number of tools: 7 different options + CFD.

Small minimum deposit and a minimum investment: even 5 dollars can be enough to start with, and transactions can be made even with 1 dollar amount.

High payout ratio: the payout for classic options reaches 95%, and for some types of options (Ladder and One Touch, for instance) reaches 500%.

The ability to copy transactions automatically to be able to earn without much effort.

Insufficient training material: the broker will probably expand the training section and fill it with new materials in the near future.

3. Trading platform

The platform suits all the customers´needs independent of their level of professionalism. There are a lot of exotic basic assets and unusual types of options with high profitability for experienced traders. Beginners will definitely appreciate its usability and the ability of making 1 dollar transactions. Platform is available 24 hours a day, 7 days a week.

On the technical side, the platform is characterized by high speed, so that the deal can be opened in a split second. The company receives the quotes from Thomson Reuters, therefore the customers can be assured of the market information accuracy.

4. Variaty of options

Currently, there are seven types of options contracts available on the Verum Option platform: Binary (15-minute); 60 Sec (turbo); Pairs (which of the 2 assets will bring higher profits); Long Term (with expiration up to a year); One Touch (profitable if the price touches the mark); Ladder (a ladder of 5 levels with the possibility of the price to be closed above or below); J Ladder (Japanese ladder option, 13 levels).

The platform also provides the opportunity of working with the CFD on different basic assets. The maximum yield is 500%, you can set profit-taking levels by yourself and minimize losses, and also choose leverage.

In addition to the main tools, customers can take advantage of:

  • Strategy Advisor – with the help of a computer algorithm, it analyzes the price chart and gives a forecast indicating if the trend will be ascending or descending.
  • Limits – saves the time and effort of the trader. These are deferred transactions, which become active only when the price of the asset reaches the mark set by the trader himself.
  • Doubling – helps to get double profit for the same expiration period. Thanks to this function, you can double the transaction you opened at one time.
  • Rollover – reduces trading risks. If the market goes in the opposite direction you need, you can give the transaction additional time. Then the price can change and you can still end the deal in profit.

5. Basic market assets

Customers of Verum Option can choose the assets of various world stock markets such as the Forex market, the stock market, as well as the raw materials market. In total, there are more than two hundred assets, among which there are Forex assets, stock market indices, commodity market assets.

6. Profit Follow

There is an opportunity to make transactions automatically on the platform, without applying any trading effort at all. The Profit Follow tool allows you to copy the transactions of selected traders to your trading account, and each client can take advantage of the knowledge and experience of professionals to earn just as easily as possible.

To be able to use Profit Follow, you need to open the appropriate tab in the trading platform and select the trader from whom you want to copy transactions. Select the deadline for copying transactions and the amount that you are willing to invest in each trade. Thus, you will be able to control your investments and establish your own risk management rules.

7. VIP-group

The VIP status can be assigned to an account with at least $ 1000 on it. The participants of the VIP group are usually those traders who want to trade bigger amounts in order to earn the maximum. There are special advantages for such customers:

  • the opportunity to invest up to 3 thousand dollars per deal
  • all options have a 2% higher yield
  • personal manager available
  • a bet with $ 100 cashback

8. Service for beginners

Customers of Verum Option can learn to trade with binary options, using the information on the company’s website. There you can find articles about what the options are and how to pay, as well as instructions on how to operate the trading platform.

9. Mobile trading

To keep your finger on the pulse of the market and make the deals on time, you can download a Verum Option mobile platform for Android or iOS. There are 5 basic types of options (classic, short, long, pairs, touch) available for smartphones.

10. Special offers

Verum Option can provide up to 100% bonus to any deposit replenishment. To do this, you need to use the promo code, which you can find out with the help of your manager. The broker offers very loyal conditions for the use of the bonus: in order for these funds to become available for withdrawal, it is necessary to bail out 10 times the amount.

Information on the special offers or contests that are relevant at the moment is on the broker’s website. For example, you can take part in Money Marathon now (up to $ 500 for the required trade volume fulfillment), “Summer with Verum Option” special offer (prizes after the account replenishment), as well as in the contest “Guess the Course” (a 20 dollar prize in the social networks) and a quiz ($ 20 payment).

11. How to open an account

Fill out a quick online registration form on the site. After that, you will already have a real account for trading. And to be able to start trading the first step you´ll have to take is to make a deposit. You can do this in the most comfortable way for you (via electronic purses or bank cards). As a rule, it doesn´t take more than a few hours for crediting funds to the account.

12. Withdrawals from the account

The withdrawal process consists of 2 stages. At the first stage you have to apply to the Verum Option, at the second stage financial specialists confirm the application and process it. Thus, within 1-5 working days you will receive your funds. To withdraw funds, you will also need to undergo account verification – provide data to verify your identity. This is necessary for security reasons.

13. Should I trade with Verum Option?

Verum Option is a broker for all traders, regardless of their experience and the amount of startup capital. The company does not offer ready trading signals, but it provides a service of automatic transaction duplication, which will help those who do not want to trade on their own. The choice of market assets and the arsenal of tools for trading allows you to implement various strategies for trading and receive high profits.

Verum Option Broker Review

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�� Headquarters: Saint Vincent and the Grenadines
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�� Minimum Deposit: 50
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Visit Verum Option
Risk Warning: Your capital may be at risk

Our Review of Verum Option

Company Overview

Verum Option is an online broker that places great emphasis on maximising the amount of money you can earn in the shortest possible timeframe.

Account Types + Opening

Accounts are free to open with Verum Option and opening an account takes just a few moments with a short online form. Additional data (for instance, to prove identity) will need to be provided either initially or at a later stage when traders come to want to withdraw their money from Verum Option.

Promotions, Sign Up + Deposit Bonuses

Verum Option is rather unusual in the trading industry because it does not offer any kind of promotion or welcome bonus.

Commissions and Fees

One thing that traders often critique about Verum Option is the fact that it is not explicit and transparent about its fees. Though there are no account opening fees, you will need to pay fees for some of Verum Option’s services, as well as paying a commission of around 3% on your trades and also paying fees when you want to withdraw money from the platform. Some deposit methods involve fees too – for instance, if you want to make a deposit with a Visa debit card, a 3.5% fee will apply.

Trading Platform Review & Mobile Apps

Using this trading platform is pretty easy. It is a standard SpotOption platform, and there are various features that are tailored to suit beginners in the field of trading. For example, whilst the minimum deposit with this broker is usually $50, beginners can start out by trading with a minimum deposit of $5. And, the minimum stake is very low too – just $1. Unlike many other brokers, moreover, Verum Option also has a smartphone app so that you can trade on your smartphone too whilst you are out and about and on the go.

Deposits & Withdrawal Methods + Ease

Deposits can be done by credit or debit card. Customers in the UAE and some other countries in the Middle East can also take advantage of bank transfer services. Finally, a few online payment accounts are supported with Verum Option, such as UPay. Some of the key online payment providers that are widely used in the trading world – such as Skrill – are not supported, which can make deposits and withdrawals less easy for traders.

Regulators & Safety: Are they a reliable, legitimate broker or a scam?

Based in Scotland, Verum Option is registered as a broker but it is not licensed.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Best Binary Options Broker 2020!
    Good Choice for Beginners!
    Free Trading Education, Free Demo Account!
    Get a Sign-Up Bonus Now!

  • Binomo
    Binomo

    2nd in our ranking!

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