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RedWood Options Review

Update (January 2017)

Binary Trading Global has received information from Redwood Options that they have decided to close operations and they are no longer in business.

For those who have invested in Redwood Options can still contact them to get their winning trade money. If you need any advice on this you can drop us a line or just fill our enquiry form and we will get in touch with you.

Binary Trading Global strongly recommends the best binary broker brands so you can choose from the brokers below.

You can also try Binary Robots if you are looking for automated trading.

Old Review

Redwood Options a Binary Option Broker that means business and concentrate on traders and their trading experience. With Binary Options or the digital Options gaining popularity globally, Redwood also gains its popularity by providing a high payout of 81% on 60 second options. Redwood options stands out as one of the leading Binary options broker because of reasons that reflect its professionalism and sheer return on investments for its traders. The trading platform is 100% web based which avoids any software downloads and it is user friendly. A new trader can easily accomplish his trading goals with the simplicity of the trading platform and availability of exclusive educational tools such as free binary options e-books, everyday live webinars and the video academy. A trader can be rest assured of a 10% money back guarantee on his trades even if his trades end in Out-of-the-money. Redwood offers accurate data streams from Thomas Reuters the data provider and good bonuses which can be easily availed once the trader understands the terms and conditions.

Trading Platform and Accounts

Redwood options trading platform is 100% web based and it uses the famous Spot Option software that is user friendly and needs no prior experience in trading. While a trader completes his deposit and gets on to the trading platform, he can view so many useful links that will definitely help him perform better trades. The Option types are available right on top starting with the Binary Options, Pairs, Long Term, Sixty Seconds, One Touch, Ladder and iFollow. A trader can also see an easy way to reach an expert in case of queries using the Live Chat facility or email them as well. The Index above the trading platform guides a trader to Educational Page, Banking, Asset page, Market Reviews, Expiry rates and Faq’s. How great would it be when a trader can get easy access to so many things on one page? And Redwood Options are really professional in that front.

Accounts with Redwood Options

Opening an account with Redwood Options is very simple and the minimum deposit for an account is $200. At the time of initial deposit Redwood Options offers 3 types of bonuses, not many would fancy a bonus because it places few restrictions on ones account. It is important to discuss and consider what you are getting in to because a bonus will get you subject to minimum wager requirement.

There are varieties of Account Packages available for a trader to choose.