Inside Option Review

Inside Option is one of the new brokers on the binary options market. Therefore many traders are wondering if Inside Option can be trusted or not?

Skip the Content & Read the Conclusion

The results of our investigation and the low rank in Google Trends (see the graph below) confirmed some of the negative comments about Inside Option found online. As an alternative we at BinaryOptionWithdrawal have made a list of the Top Risk-Free Binary Brokers.

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Inside Option Review

Inside Option is a trading platform which claims to help traders with binary options trades. To trade on the Inside Option platform, customers are not required to download any additional or external software for having a real time trading experience. But, considering it is a new arrival in the market, this trading platform may not be able to offer the safety and security demanded by the traders. So it is better to read our review before you make an investment.

inside option platform

Inside Option Scam

This broker is a new entrant in the market and after doing research, we found some complaints on different user groups and binary forums. Though the company is not regulated, yet it cannot be pointed as a scam since no such issues have been directly reported. But there are incidents that traders have deposited an amount of $500 which turned into auto trading and the trading managers tried to convince about letting them do the trade. On the basis of those comments in the forum, we cannot verify that Inside Option is reliable.

Inside Option Withdrawal Methods and Promotions

You can withdraw your funds through methods such as wire transfer, Credit card, and moneybookers. Minimum amount can be withdrawn through wire transfers is $500.00. Minimum amount that can be withdrawn via Credit or Debit Card transfers is $100 USD. Withdrawals through wire transfer are usually processed within 1-2 business days, however it may take up 3 additional business days for the funds to come back to your bank account on the basis of your bank’s policy.

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Inside Option Demo Account

Opening an Inside Option account is simple. You can fill out your detail in the given form and click to submit. An identification letter will be delivered to the given email address. The Trading Account will be activated by the Company as soon as it has recognized the funds transferred by the Client to the Trading Account. However we find no evidence that Inside Option is offering any demo account to the traders.

Inside Option Promotions and Bonuses

It may provide various attractive reward features such as welcome bonuses, contests and awards to new or current customers. Bonuses and trading credits given to clients are part of Inside Option’s promotions programs. These bonuses are for limited time and the terms and conditions linked with any bonus rewards are subject to change. In order to withdraw funds from an account that has been transferred with a trading bonus, the trader will be needed to perform a minimum trading volume of bonus amount + Deposit x25. Funds can only be withdrawn when the above-mentioned stipulation has been completely met and realized.

Inside Option Complaints

Unluckily there are some normal complaints about Inside Option that should be considered if you are interested in using this platform. Though the website does not mention this earlier you deposit your money from trading, more than one negative reviews of this broker posted online cites that when they tried to withdraw their fund they were told that no withdrawals could be done unless their account has a balance over $500.

Also, some customers complained that even once they had reached above $500 and tried to withdraw their money, they still faced problems. This is definitely an important problem that people will require to take into account.

Conclusion: Inside Option Withdrawal Policy is NOT Satisfactory

After making detailed research and trying out the withdrawal policy of Inside Option, our team concluded that Inside Option has a slow and complicated withdrawal process. Our research shows that there are other brokers with a much more satisfactory withdrawal policy. Currently the broker with the fastest withdrawal approvals is BinaryMate – 2 working days on average.