optionbit OptionBit Review

OptionBit, a website which is owned and powered by Pretoniria Co. offers its traders a solid trading experience with great looking charting and some interesting standard features such as extending options, and closing an option early.

User Friendly: 8/10

OptionBit gives the user a fairly good feeling of being in control and offers a solid user experience to its clients with its easy and clean web-based platform.

Assets & Expiry Times: 6/10

OptionBit only has about 25 options which luckily are the most popular however. These include Commodities, Currencies, minimal Indices and a few Stocks.

OptionBit offers 30 minute options as well as hourly options and some longer term such as the end of the week on some options, but this is rare on most assets.

Customer Service: 5/10

Customer service on this broker as reported by most members is fairly non existent. They are very hard to get in touch with on live chat, however they appear to be working on this issue.

Payout Rates: 7/10

The payout rates at OptionBit are 81% for almost all of the assets which is great, its rare to find one with these payouts.

Deposits & Withdrawals: 4/10

Investing and withdrawing money in optionbit is fairly straightforward and there are many ways to invest money such as using the major credit cards like Western Union, Visa and Mastercard to a Live Wire bank transfer.

Withdrawing money has been known to take a few days to a few weeks however depending on your location.

Average Withdrawal Time (Credit Card) : 5-7 Business Days
Average Withdrawal Time (Wire Transfer): 5-7 Business Days

Quick Company Information

Year Founded: 2010
Headquarters: Cyprus (No Address Listed)
Acronyms: OB, OBit
Toll Free Phone Number: +44-203-318-5970
Website Address: http://www.optionbit.com
Email: Support@optionbit.com

2 Responses to “OptionBit Review”

  1. avatar
    mihec90 - January 24th, 2012 at 11:54 AM

    I have withdrawed 22.december half on my bank and half on my visa and its been over a month and still no money. Slovenia/Europe

  2. avatar
    kofary - August 22nd, 2012 at 9:04 AM

    This is a phonie broker. What they want is basicaly your money and then they don’t care about you. I think that sooner or later this industry of brokers regulated in Cyprus will disepear. I personary sugest you Do not invest in Optionbit you will lose your money. If you want to make money from binary options go with american or british regulated brokers.

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