OptionBit Rating Review


OptionBit Binary Options TradingOPTION BIT RATING REVIEW

 

 

 

OptionBit Rating & Review Performance

Here is OptionBit rating per individual factor

OptionBit Assets

OPTION BIT PERFORMANCE    
Binary Broker Trading Performance  
  ACHIEVED %
OptionBit Total Rating 82.90%  
1.OptionBit Company Reliability 20.00% 80.0%
2.OptionBit Competition 33.00% 82.5%
2.1 OptionBit Payout Rate 24.00% 80.0%
3.OptionBit Trading-Options 19.90% 79.6%
3.1 OptionBit Variety of Assets 13.90% 77.2%
4.OptionBit Technology 10.00% 100.0%
4.1 OptionBit Trading Features 7.00% 100.0%

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OptionBit Rating Analysis

Here is OptionBit Full Rating Analysis

OPTION BIT -RATING ANALYSIS   OPTION BIT BROKER DATA
           
MAX RATING 100.0%     82.90% OPTION BIT ANALYSIS
1. BINARY BROKER RELIABILITY 25.00% FACTOR-1 ANALYSIS CALCULATION METHOD 20.00% OptionBit Credibility Analysis
1.1 OptionBit Headquarters Base 10.00% General Offshore = 0.0%, British Virginia Islands = 3.0%, Cyprus = 6.0%, Ireland, Australia = 8%, USA, UK, Germany, France, Switzerland = 10.0% Selection 6.00% OptionBit Home Base is in Cyprus = 6.0%
1.2 OptionBit Years in the Market 8.00% 0-1 Years = 0.0%, 1-3 Years = 4.0%, 3-5 Years = 6.0%, 5+ Years = 8.0% Selection 6.00% OptionBit was found in 2010, 3-6 years = 6.0%
1.3 OptionBit Platform Security (Encryption) 4.00% Platform SSL Encryption 128 bit = 3.0%, 256 bit = 4.0%, No SSL Encryption = 0% Selection 3.00% OptionBit Offers 128 bit SSL security encryption = 3.0%
1.4 OptionBit Customer Service Quality 3.00% 24/7 = +1.0%, 24/6 = +0.5%, 24/5 = 0%, eMail = +1.0%, Phone = +1.0%. Live Chat = +1.0%, Skype = +1.0% Accumulation 3.00% OptionBit provides 24/7=0%, Phone=1%, Live Chat=1%, Total = 3.0%
           
(+) Adjustments:-Note that Factor-1 max rating = 25.0%          
1.5 OptionBit Level of Regulation (+5% max) FSC (BVI) = +1.0%, CYSEC = +3.0%, CBI = +4.0%, ASIC = +4.0%, BaFIN = +5.0%, FSA (UK) = +5.0%, FINMA = +5.0% Adjustment 0.00% OptionBit is not yet Regulated
1.6 US Traders (+2% max) Yes = +2.0% or No = +0% Adjustment 2.00% OptionBit welcomes US clients = +2.0%
           
2. OPTION BIT BROKERAGE COMPETITION 40.00% FACTOR-2 ANALYSIS   33.00% OptionBit Competition Analysis
2.1 OptionBit Deposit Bonus 8.00% Bonus > 40% = 8.0%, >35% = 7.5%, >30% = 7.0%, >25% = 6.0%, >20% = 5.0%, >15% = 3.0%, >10% = 2.0% Selection 8.00% OptionBit Offers Bonus up to 50% = 8.0%
2.2 OptionBit Commissions on Deposits / First Month Withdrawal 2.00% Yes = 0 or No = 2.0%, One Free Withdrawal per month = 1.0% Selection 1.00% 1 Free Withdrawal monthly by OptionBit = +1.0%
OptionBit Payout Rate          
2.3 Max Payout Rate 20.00% Max Payout Rating = (Max Payout Rate) x 2} / 10 Actual 16.20% OptionBit Max Payout Rate is 81% = Rating %
2.4 Average Payout Rate 10.00% Average Payout Rating = (Average Payout Rate) / 10 Actual 7.80% OptionBit Average Payout Rate is 78% = Rating 7.8%
(+) Adjustment: -Note that {2.3 + 2.4} max rating = 30.0%     Adjustment    
2.5 OptionBit Refund Rate (+5% max) For Refund 15% = +5%, Refund 10% = +3.0% and Refund 5% = +1.5% Adjustment 0.00% OptionBit Refund Rate is 0% = Rating 0%
3. OPTION BIT TRADING OPTIONS 25.00% FACTOR-3 ANALYSIS   19.90% OptionBit Trading Analysis
Asset Index {max rating=18%}          
3.1 OptionBit Forex Currencies 4.00% (Number of Currencies / 10) %, max=40 Currencies Selection 1.30% OptionBit offers 13 Forex Currencies = 1.3%
3.2 OptionBit World Stocks 4.00% (Number of Stocks / 10) %, max=40 Stocks Selection 4.00% OptionBit offers 40 Stocks = 4.0%
3.3 OptionBit World Indices 4.00% (Number of Indices / 5) %, max=20 indices Selection 2.60% OptionBit offers 10 Indices = 2.6%
3.4 OptionBit Gold / Metal Trading 3.00% Gold Trading = 2.0%, any other Metal = +1.0% Accumulation 3.00% OptionBit Offers Gold Trading = 2%, Silver and Copper Trading = 1%, Total = 3.0%
3,5 OptionBit Oil Trading 1.50% Oil Trading Available Yes = 1.5%, No = 0% Selection 1.50% OptionBit Offers Oil Trading = 1.5%
3.6 OptionBit Commodities Trading 1.50% Commodity Trading Available {Sugar, Wheat etc} = 1.5%, No = 0% Selection 0.00% OptionBit Offers only Metals and Energy = 0.0%
(+) Adjustment:          
3.7 Trading Index Variety Points (+3.0) If Trading more than 50 assets = +1.5% and if more than 100 assets = +3.0% Selection 1.50% OptionBit offers more than 50 trading assets = 1.5%
More OptionBit Trading Options          
3.8 OptionBit Demo / Practice Account 3.00% Demo Account Yes = 3.0% or No = 0% Selection 3.00% OptionBit Offer a Demo Account = 3.0%
3.9 OptionBit Number of Deposit Methods 2.00% For each deposit method available = 0.5%, max = 4 methods Accumulation 2.00% 4+ methods available by OptionBit (Credit Cards, Debit Cards, Bank Wire, Western Union, MoneyBookers) = 2.0%
3.10 OptionBit Number of Withdrawal Methods 2.00% For each deposit method available = 0.5%, max = 4 methods Accumulation 1.00% 2 methods available by OptionBit (Credit Cards, Bank Wire) = 1.0%
4. OPTION BIT BINARY TECHNOLOGY 10.00% FACTOR-4 ANALYSIS   10.00% OptionBit Technological Analysis
4.1 OptionBit Up & Down Options 2.00% Yes = 2.0% or No = 0% Selection 2.00% OptionBit Offer Up & Down Options = 2.0%
4.2 OptionBit One Touch  / Boundery Options 2.00% Yes = 2.0% or No = 0% Selection 2.00% OptionBit offers One Touch Options = 2.0%
4.3 OptionBit Rollover Feature 1.50% Yes = 1.5% or No = 0% Selection 1.50% OptionBit offers Rollover Feature = 1.5% / OptionBit doesn't Offer the Rollover Feature = 0.0%
4.4 OptionBit Early Closure 1.50% Yes = 1.5% or No = 0% Selection 1.50% OptionBit Offers Early Closure = 1.5%
4.5 OptionBit Mobile Devices Supported 3.00% iPhone=1.5%, Android=1.5%, Any other Device = +1.0% (iPad, Windows Mobile, Blackberry) Accumulation 3.00% OptionBit provides applications for iPhone, iPad and Android mobile = 3.0%

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OptionBit Rating Summury

Here is OptionBit Rating Summury

OPTION BIT RATING SUMMARY    
Binary Broker Rating Analysis    
  MAX ACHIEVED
1.OptionBit Reliability 25% 20.00%
2.OptionBit Competition 40% 33.00%
3.OptionBit Trading-Options 25% 19.90%
4.OptionBit Technology 10% 10.00%
Overall Rating 100% 82.90%

 

 

OptionBit Rating Review

BinaryValue.com (2013)

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