8.7

Mobile

9.0/10

Deposit Options

8.0/10

Platform

9.0/10

Pros

  • Accepts Canada
  • Registered & Licensed
  • Accepts USA

Released in the spring of 2013, Redwood Options has proved itself to be one of the most original platforms in the binary options market. Redwood Options offers an 81% payout on 60 second trades- one of the most exceptional payouts in the binary options industry.   Redwood Options has four different trading methods. Traders can choose to use the Call/Put, Options Builder, One Touch and 60 Second trading methods. Additionally, this platform offers over 150 different assets to trade including stocks, commodities, currency pairs and indices.

Minimum DepositMinimum Trade
Return RateBonus
$200$581%up to 100%

Deposits

A user can invest with Redwood Options using numerous methods. Only a $200 deposit is required on RedwoodOptions.com and there are several payment methods.  Redwood Options accepts all major credit cards, bank wire transfer, CashU, and Maestro.   Traders are able to deposit via Redwood Options with USD, EURO, JPY, GBP, CAD and the AUD.  Users have never had such convenience when it comes to deposits via a binary options platform.   Additionally, withdrawing funds is made simple with Redwood Options.  And there is no fee to withdraw via credit card.

Account types and bonuses

Redwood Options offers three different account packages and bonuses. Traders can choose from the Mini Package, the Executive Package and the Gold Package. The Mini Package offers up to 30 percent bonus upon sign up.  The Executive Package and Gold Package offer traders the opportunity to choose a 70 percent bonus or Risk-Free trades. Each package is unique and offers traders different perks and benefits. Opening a trading account with Redwood Options is free of charge. Depending on the amount a trader chooses to invest, this will determine which account package they are able to receive. A Redwood Options account manager will contact a new user after they sign up. The account managers will be able to offer additional sign up bonuses depending on the users account package.

Support                

Redwood Options customer support has one of the most knowledgeable and trustworthy support teams in the industry.  Redwood Options offers customer support 24/7.  Traders can now contact the support team any time and any day via phone, live chat and email.  Redwood Options offers support in English, German, French, Spanish, Italian and Russian. Additionally, local phone numbers are available via RedwoodOptions.com.  Something unique to Redwood Options, is their senior market analysts are available for strategy lessons over the phone and on Skype.  This is just a few of the many ways Redwood Options takes care of their traders.

Education

Redwood Options offers their users numerous educational tools.  The Redwood Options educational center is ideal for any type of trader. All new users receive an interactive binary options eBook.  This eBook teaches the basics of trading as well as a glossary of binary options terminology. Redwood Options also offers numerous webinars for its traders.   They have over 70 live webinars per week.  These webinars offer live signals ahead of important financial events and give traders the best trading tips.  Most importantly, the webinars offered are free of charge depending on the users account package. Redwood Options also offers video courses, such as binary options trading psychology and money management tools via the website. The Educational Academy has over 10 different video courses. Redwood Options has beginner, advanced and platform tips courses.  The entire Educational Academy is available for traders once they have registered with Redwood Options.

Conclusion

Redwood Options’ platform is one of the most innovative and simple binary options platforms on the market. Their platform is easy to navigate and user-friendly. They offer four different trading methods and three different account packages available for any user that signs up. Redwood Options has been the broker of choice since its launch in 2013.

 

The Redwood Options Binary Options Site

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