Origin Option is a new Australian binary options broker. When reviewing binary options brokers, a trader will see that many brokers use the same SpotOption trading platform, the nice this about Origin Option is that they decided to go with the user friendly and advanced trading platform from TechFinancials. The platform offers a large selection of assets and a variety of option types.
Origin Option Trading Platform
There are over 100 assets available for trading, include Currency Pairs, Commodities, Stocks & Market Indexes. The most popular assets that binary options traders use are the EUR/USD, GBP/USD, EUR/JPY, AUD/USD, & Oil. Since those assets are most liked among traders, Origin Option offers Boundary (Range) Options, and Touch Options on them.
Traders have the follow binary option types available:
Call / Put & Above / Below
One Touch / No Touch & High Yield Touch
Boundary Options & High Yield Boundary
Short Term 60 Second, 2 Minutes & 5 Minutes Options
Returns / Payouts on the regular binary options range between 70% – 100%. For High Yield options the returns go as high as 100%.
Origin Option Mobile Apps
Currently trades using Android or iOS devices can download the trading app. Additionally, the Origin Option trading platform is mobile optimized for traders who already have way too many apps and prefer just using Chrome.
Origin Option Withdrawal & Complaints
Withdrawing cash from your trading account at Origin Option should never be a problem. It takes up to a 5 days for withdrawals to be processed. There are practically no binary options brokers that offer instant withdrawals. Since this is a trading account and not a bank account, withdrawals are processed manually by the broker. Withdrawals are either returned to the credit card that was used to fund the trading account, or via Wire Transfer. Check their terms and conditions for withdrawal fees and time frames.
You will find complaints about binary options brokers all over the internet. Many complaints come from traders that did not read the terms and conditions on the website. There are complaints about slow withdrawal and there are complaints about losing money. This is one of the reasons binary options trading is risky. Traders do lose their entire trading account. That is why traders should only deposit money that they can afford to lose.
Origin Option takes complaints seriously and works hard to maintain a good reputation.