Omega Options is a binary options broker formed in 2015, owned and managed by Alpine Capital, and is registered in the British Anguilla islands.
Omega Options offers 9 different types of accounts to traders, which is quite a lot. The minimum deposits required for each account required range from $250 to $150,000. The specific features behind each individual plan varies. A free educational webinar, daily market reports and risk free bonuses are free for all accounts.
A deposit of $5,000 or more gives traders access to a gold account, which comes equipped with the following: Verified trading strategies, a personal tour of the Omega Options platform and the best way to profit, a personal account manager, free weekly trading signals, guaranteed profitable trades and much more.
Omega Options uses the Panda TS platform to execute trades. The Panda TS platform is one of the most commonly used binary options trading platforms in the industry, and for good reason.
Panda TS is a web-based platform that comes equipped with a live news feed, a mobile app, and even has a social trading feature. The Panda trading platform allows for 4 different types of binary options trades.
- Regular high or low options, with expiry times ranging from 15 minutes to 3 hours.
- Hyper options for the fast-paced trader, which has short term expiry times ranging from 30 seconds to 10 minutes.
- One touch options which require traders to predict whether or not price will hit any given strike level under the time limit.
- Range options, where traders must decide whether price will stay within a given price range at the contracts expiry time.
Social Trading Feature
Social trading is a growing trend, not just in the binary options industry, but within the trading industry as a whole. Because Omega Options uses the Panda TS platform, traders are able to directly copy the trades made by top traders who demonstrate consistently profitable results.
Through Omega Options social trading, traders can look up any other traders track record to verify their performance, which helps them decide whether or not they want to make the same trades. Because of the inherently high risk of binary options trading, social trading can be an extremely advantageous feature for beginning traders.