StartOptions broker review

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  • Binarium

    Best Binary Options Broker 2020!
    Free Trading Education!
    Free Demo Account!
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  • Binomo

    2 place in the ranking!


A Review of StartOptions

Conducting its operations out of France and the UK, StartOptions is a leading binary option trader in Europe. Though the trading platform is multi-lingual, the website content is in French and traders must have to choose their preferred language from the language options menu before proceeding.

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Bonuses and Promotions

StartOptions has gone out of the box by providing the unique “10 trades to win” bonus offer. Here, a trader is required to score 10 consecutive wins of at least $20 in order to get a $500 bonus award. There are restrictions though. Traders cannot trade the same asset twice in a row. Once the trader has scored his 10 consecutive trades, he can apply for his bonus from the StartOptions team.

Then there is the regular 25% welcome bonus that is awarded to all first time depositors. Account deposits are set to a minimum of $250. Traders can only withdraw this bonus when they have achieved a certain number of trades. StartOptions is not the only broker with this policy, but they have taken it a step further by introducing a tool called the bonus indicator. With the bonus indicator, the trader can monitor the progress he has made and gets an alert when he has generated enough trades in order to qualify to withdraw the bonus award in cash.

Account Information

The first stage of the entire trading process is to open an account with by filling the online form on the home page, and submitting a government issued ID card and utility bill/bank statement as proof of residence in order to get the account activated. Traders can deposit and withdraw from their accounts using several payment methods such as credit/debit cards, wire transfers, Moneybookers (Skrill) and CashU.

The StartOptions trading platform is unique in that this broker offers the Call/Put option trade type exclusively. SO traders can also trade outcomes of an asset either rising above or falling below the strike price within the set expiry times. There is no facility for demo trading with StartOptions.

StartOptions has a very vibrant blog and social network community on Facebook and Twitter where newbie traders can visit and get a few tips or share thoughts with other like-minded traders. There is also an affiliate program where traders can refer their friends to join the StartOptions trading network using their affiliate links. The revenue sharing formula is 35% of trading commissions generated by the referrals.

The trading platform also features a market sentiment section where traders can visually assess the net positions that all traders on the StartOptions platform have assumed. This sometimes can serve as a useful tool to gauge market sentiment towards an asset, especially on a platform like StartOptions where there is only one trade type and wins are secured from one of two possible outcomes.

Asset Index

Best Binary Options Brokers 2020:
  • Binarium

    Best Binary Options Broker 2020!
    Free Trading Education!
    Free Demo Account!
    Perfect for Beginners!

  • Binomo

    2 place in the ranking!

The following assets are available on the StartOptions platform:

Currencies: EURUSD, USDJPY, GBPJPY, NZDUSD, EURJPY, EURGBP, AUDUSD, USDCHF. The news feeds come from Reuters and the exchange used is that of Global Forex.

Stocks: Citigroup, Barclays, Vodacom, BP, Macquarie Group, BAE, Newcrest Mining, Rio Tinto, Lloyds, Tesco, British Telecom, Sanofi-Aventis, AXA, MasterCard, France Telecom, BNP Paribas, etc. These are available purely as hourly stock options.

Commodities: Oil, natural gas, silver, gold, copper, platinum.

Stock Indices: Dow, S&P500, Tel Aviv 25, MICEX 10, CAC40, TADWUL., S&P/ASX, FTSE100. These are also available as hourly options.

Customer Service

StartOptions provides a live chat customer support facility which is available for most of the day, and there are two dedicated phone lines in English and French for clients who need to speak directly with their account managers or with the customer support representative.

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Is StartOptions a Scam?

StartOptions is one of the popular and oldest binary options trading brokerages in the industry. StartOptions is located in Cyprus and as a result it is regulated by the popular Cyprus Securities and Exchange Commission. It also follows several other regulations in place by the European Union. StartOptions has been in operation for a long time and has an excellent track record to its name with a few minor issues that could be due to the unfamiliar platform or any other technical reasons. StartOptions has an average platform with a good spread of assets that are secured through several prominent e-wallets for safe transactions.

Final Word

For traders who live in Europe or are more comfortable with brokers located in Western Europe, StartOptions provides a healthy option. However, many traders may find the single trade type too restrictive, but if the trader can master the single trade type and devise strategies to trade it with accuracy, then this may compensate for the lack of variety in the contract types that can be traded.

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Startoptions Binary Options Broker

Review of the Binary Options Broker Startoptions

Startoptions is a broker specialized in binary options trading which offers Above/Below and One Touch options based on different types of underlying assets including currency pairs (Forex), stocks and indices of various markets and commodities. This broker was founded in 2009 and has interesting features for the trader including a web based trading platform and promotions for new clients, including cash bonuses.

Startoptions is a Binary Options Broker

Country of origin

The headquarters of Startoptions are located in Cyprus.


For the moment, this broker is not regulated. However , currently this company is in the process of regulation with the CySEC of Cyprus, the financial regulatory agency in that country.

Underlying Assets

This broker allows to trade with options based on the following underlying assets:

  • Forex Market: 6 of the most important currency pairs including the EUR/USD, GBP/USD, USD/JPY and GBP/JPY among others.
  • Commodities: gold, silver, copper and oil, the most important and traded commodities in the market.
  • Stocks: The most important stocks of the US and European market such as Apple, Coca Cola, Microsoft, Barclays, British Petroleum and others.
  • Indices: 5 of the most relevant stock indices in the markets such as NASDAQ, FTSE 100 and S&P 500 among others.

Types of Binary Options

For the moment Startoptions offers the following types of Binary options:

  • Above/Below Binary Options of 1 hour: It is the most traded type of Binary Options because of its simplicity and the high return that the investor can obtain in the option expires In The Money. In this case, t he trader only has to determine if the underlying asset price will finish above or below the entry price (the acquisition price of the option) when the option expires.
  • One Touch Options (a type of barrier option): This type of Binary options offers a higher return than the Above/Below options. In this case, the trader must determine whether the price of the underlying asset will reach or not a determined level price of the underlying asset before the option expires.The Barrier Options of Startoptions has a return up to 350%.

Payments Offered by Startoptions

-If the option expires “In the money”, StartOptions pay from 65% to 85% of the contract inversion for the Above/Below Binary options. The contracts are for 1 hour.

-For the One Touch Options, this broker offers a high return up to 350%.

Trading Accounts

  • This broker has one trading account that allow to trade with Binary Options based on all financial instruments mentioned above.

Trading Platform

  • It offers an easy to use web based platform with all the functions need it to trade with Binary Options. This application include charts and updated market quotes.
  • This application is based on the trading platform developed by the broker Tradesmarter, a company consolidated in the sector of Binary Options trading.

Demo Account

For the moment, this broker does not offer a demo account, however the opening of the real account is free.

Payment Options

Main Advantages of Startoptions

  • Startoptions is in the process of acquiring the regulation by CySEC of Cyprus.
  • This broker offers bonus for real trading account opening (25%).
  • Excellent customer service by phone, e-mail and chat.
  • Free analysis reviews of the market.
  • Free client training and support depending on initial deposits levels..
  • Startoptions offers a lot of instruments for trading.
  • If the trade is “out the money” (if the prediction of the trader is not correct), the trader will get a 10% refund from StartOptions.
  • An intuitive an easy to use trading platform.
  • No commissions or fees of any kind for the traders.
  • Startoptions has a tool that allows to see the general tendency of trades made by the clients of the broker in any time. For example, the client can see the percentage of call options or put options for a determined underlying asset such as a currency pair.
  • This broker offers the possibility to earn extra money promoting its services through and affiliate program called Startoptions Affiliates.
  • StartOptions launched the Binary Options Trading Club, that was created for VIP customers and provides the following services:
    • Larger lot sizes of up to $ 2000.
    • Faster withdrawals.
    • A personal account executive.
    • Access to the latest trading tools, including advanced price charts.
    • Extra promotions, including a welcome bonus of 50%.

Main Brokers Offers

Startoptions offers attractive regular bonuses for clients deposits in their trading accounts. The amount of these bonuses depends on the amount of money deposited by the trader and can be up to $2000. For example, if a person deposits $500 the bonus will be $100, but if the deposit is $5000 the bonus will be $2000.

StartOptions Binary Option Platform Review


Starting to invest in binary options can seem daunting; luckily there are brokers out there such as StartOptions which make trading easy for new traders. Although veteran expert traders will likely find the simplicity and small amount of options at boring, new traders will love how easy it is to learn how to trade and turn a profit from binary options trading.

Software and Features

The trading platform used by StartOptions online broker is powered by software from TradeSmarter, which is designed to cater to beginner traders. It is so incredibly easy to use so that within a few minutes, new traders will be able to trade options like a pro. More experienced traders will probably find the lack of different option types and features inconvenient, but StartOptions isn’t really designed for them. For newbies, the chance to use a demo account, along with the larger than average educational center is an excellent addition to the trading platform. 12 languages are supported on, with customer support available over the phone and via live chat.

Option Types Offered

One area where StartOptions suffers is in its relatively small amount of possible options. Their count of 43 underlying stocks, indices, commodities, and currencies is fairly average in the industry. However, during our StartOptions review it was disappointing to find that there were very few option types supported. Only call and put trades were possible with a few different expiry times; while one-touch and range options were completely absent. On the plus side, payouts are quite high on the options which are offered, with profits reaching as much as 90% and losing trades refunding as much as 10%.

Account Types Offered

Although the minimum deposit of $250 in order to get the Starter account is not ideal for new traders, at least it comes with a generous 25% StartOptions bonus when you make your first deposit. For traders that are looking to put more than $1,000 accounts, there is the Standard account which has a higher bonus as well as trade insurance. At $2,500 traders qualify for a Premium account which carries a 50% along with personalized trading features. Banking is quite flexible, with deposits and withdrawals possible through credit cards, wire transfers, and e-wallets.


For people looking to make their start in the binary option market, there are not very many better brokers than StartOptions. They make trading easy for the beginner, while still offering plenty of ways to turn a profit and create successful traders. Once a trader masters the art of options trading, he or she may want to move on to another broker, but for those just starting out, StartOptions is a great option.

Best Binary Options Brokers 2020:
  • Binarium

    Best Binary Options Broker 2020!
    Free Trading Education!
    Free Demo Account!
    Perfect for Beginners!

  • Binomo

    2 place in the ranking!

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