Magnum Options GUIDE
ABOUT Magnum Options
A Binary Options Broker that Offers a Number of Special Features
Magnum Options is a binary options trading platform established in 2013 and it is operated by Redtulips Consultants Ltd, a company based in London, United Kingdom. The broker has been making efforts to provide user-friendly trading experience. Please note that Magnum Options does not accept US traders.
Magnum Options offers a variety of trading options, such as Call/Put, Pairs, Long Term, 60 Seconds, One Touch, and Options Builder. Traders can receive payout up to 81%. In addition, on the Magnum Options binary options trading platform, traders can find more than 100 financial assets including currencies, stocks, indices and commodities. With a diverse array of trading options and financial assets, traders are free to choose the one that they are most familiar with.
Traders can take advantage of the special features provided on the trading platform to manage risks. By using the Rollover feature, traders can extend the expiry time which gives them the opportunity to turn a loss into a winning trade. The Double Up feature allows the traders to open a new trade that is the same as the current trade. Traders can increase the profits by using this feature. The Buy-Me-Out feature makes it possible for traders to cut losses. Traders can also use the Follow feature to place trades by following other traders. One of the special feature that offered by Magnum Options is that traders can get back 10% of the original investment even though the trade ends up "out-of-the-money".
Magnum Options provides a selection of educational materials in the Academy section. Traders can make use of these resources such as Trading eBook and Introduction/In-Depth Courses to get familiar with the trading platform and improve trading skills. In addition, traders can take a look at the daily and weekly market review to keep up-to-date with the financial markets.
|Broker||Magnum Options||OPEN ACCOUNT
Capital can be lost
|Company Name||Redtulips Consultants Ltd.|
|Accept US Traders|
|Min Trade||＄/€/￡ 5|
|Currencies Accepted||USD EUR GBP JPY AUD CAD RUB|
|Deposit Method||Credit and Debit Cards Live Chat Deposit Help NETELLER bitcoin Wire Transfers|
|No. of Types of Binary Options||7|
|Types of Binary Options|
|Processing Time||8-10 business days||Withdrawal Fees||$30|
|Minimum Withdrawal Amount||Credit cards: $5 Wire transfers: $100||Maximum Withdrawal Amount||cannot exceed the amount invested|
AUD/CAD AUD/CHF AUD/NZD BITCOIN/USD CAD/JPY CHF/JPY EUR/AUD EUR/CAD EUR/DKK EUR/GBP EUR/ILS EUR/JPY EUR/NOK EUR/NZD EUR/RUB EUR/SEK EUR/TRY EUR/USD GBP/AUD GBP/CAD GBP/CHF GBP/JPY GBP/NZD GBP/USD NZD/CAD NZD/CHF NZD/JPY NZD/USD NZD/USD USD/BRL USD/CAD USD/CHF USD/DKK USD/HKD USD/ILS USD/INR USD/JPY USD/NOK USD/RUB USD/SEK USD/SGD USD/TRY USD/ZAR
IBM MICROSOFT (US) 3M AGRI’ BANK OF CHINA AIG ALAMASK ALLIANZ SE ALPHA NATURAL R. AMAZON ANZ BANK APPLE (US) ARABIAN PIPES COMP AXIS BANK BAIDU BANCO SANTANDER BANK OF AMERICA BANK OF CHINA BASF AG BAYER AG BEZEQ BHP Billiton BLACKBERRY BMW BNP PARIBAS BOEING BP (BRITISH PETROLEUM) BRITISH AMERICAN TELECOM CARLSBERG B CATERPILLAR CHEUNG KONG CHINA LIFE INSURANCE CHINA MOBILE CHINA TELECOM CITI (US) CNOOC COCA COLA (US) COLOPLAST COMMONWEALTH BANK CTC MEDIA DAIMLER AG DANONE SA DANSKE BANK DELL DEUTSCHE BANK DEUTSCHE TELEKOM DISNEY E.ON SE EBAY EXXON MOBIL F5 NETWORKS FACEBOOK FIAT FORTESCUE METALS FREEPORT McMORAN GAZPROM (RUSSIA) GENERAL MOTORS GOLDMAN SACHS GOME GOOGLE GROUPON HITACHI CORP HSBC HOLDINGS HSBC HOLDINGS (LONDON) ICBC BANK ICL.TA ING GROEP INTEL JP MORGAN CHASE KEC (SE) LAS VEGAS SANDS LEUMI LINKEDIN LOUIS VUITTON LUKOIL (RUSSIA) MANCHESTER UNITED MASTERCARD McDONALD’S MECHEL OAO METRO AG MOBILE TELESYSTEMS MOELLER MAERSK B NATIONAL BANK AUSTRALIA BANK NETFLIX NEWCREST MINING NIPPON STEEL NORDEA BANK NOVO NORDISK ORANGE S.A. ORIGIN ENERGY PETRO.BR PETROBRAS PETROCHINA-SHG PFIZER POALIM.TA PUBLICIS GROUPE RENAULT RIO TINTO RIO-AU ROSNEFT ROYAL MAIL RUSSIAN MARKET SAB MILLER SABIC SALESFORCE.COM SAMSUNG-KR SAP SE Saudi Integrated Telecom Co SAUDI REFINERIES SBERBANK (RUSSIA) SEARS HOLDINGS SHADCO SIEMENS AG SONY STARBUCKS STATE BANK OF INDIA TATA MOTORS (INDIA) TATA STEEL TELEFONICA TENCENT HOLDINGS TESCO TEVA .TA TOTAL UNILEVER VALE.BSP VIMPELCOM VIVENDI SA VODAFONE VOLKSWAGEN VOLVO WAL-MART WESTPAC WOODSIDE PETROLEUM WOOLWORTHS WYNN RESORTS YAHOO YANDEX N.V
COFFEE CORN GOLD OIL (LIGHT SWEET CRUDE) PLATINUM SILVER SUGAR WHEAT
ASX ASX FUTURE BOMBAY SE BOVESPA-F CAC (FRANCE) CAC 40 CAC FUTURE DAX (GERMANY) DAX FUTURE DOLLAR INDEX F. DOW (US) DUBAI (DUBAI FINANCIAL MARKET GENERAL INDEX) EUROSTOXX 50 EUROSTOXX 50 FUTURE FAZ-SHORT BANKS FTSE 100 (UK) FTSE FUTURE FTSE MIB F GERMANY 10 YEAR HANG SENG (HONG KONG) HANG SENG F. IBEX IBEX FUTURE IMKB 30 JAKARTA SE KL FUTURE KOSPI KUWAIT MICEX 10 (MOSCOW INTERBANK EXCHANGE) MSM 30 (OMAN) NASDAQ (US) NASDAQ FUTURE NIFTY NIFTY FUTURE NIKKEI FUTURE NIKKEI225（JPN） OMXC20 PSI 20 QATAR (DSM20) RTS (RUSSIAN TRADING SYTEM) RTS Future S&P 500 (US) S&P FUTURE SHANGHAI COMPOSITE SHENZHEN300 SMI-FUTURE SSE180 (SHANGHAI STOCK EXCHANGE) STOXX 50 F VS FTSE F STRAITS TIMES TADAWUL (SAUDI STOCK EXCHANGE) TAIEX TEL AVIV 25 TEL AVIV VS FTSE TNA-LONG X3 TOPIX TSX 60 TZA-SHORT X3 VIX
APPLE VS AMAZON APPLE VS GOOGLE BNP VS BARCLAYS CITIGROUP VS AIG CITIGROUP VS JP MORGAN CHASE DAX VS CAC 40 GOLD VS SILVER GOLD/EUR GOLD/TRY GOOGLE VS FACEBOOK LINKEDIN VS FACEBOOK NASDAQ VS APPLE RIO T. VS. BHP B. S&P 500 F VS NASDAQ F STOXX 50 F VS FTSE F TEL AVIV VS FTSE
HOW TO OPEN AN ACCOUNT?
Click the "OPEN ACCOUNT" button
Select the "OPEN ACCOUNT" link to open an account with MagnumOptions.
To open an account with Magnum Options, click the "OPEN ACCOUNT" button in the upper part of the homepage, which will take you to the application page. You can create an account within 1～2 minutes and you do not need to provide any supporting documents at this moment.
Fill out your personal information
This is the page where you fill out personal information.
It is necessary to fill out your personal information when you open an account with MagnumOptions. Please make sure to correctly fill out the form. If there is an error in the form, it will take time to confirm your identity when you withdraw funds from your account. After filling out all requested information in the form, you can click "Apply".
※Please note that traders from the US cannot open an account with MagnumOptions. US traders who would like to trade binary options can go to "Top Binary Options Brokers in the U.S." for further information.
Your account has been created
Your account has been created when you see the above page.
When the previous procedures are completed, you have set up your account. MagnumOptions will send you a confirmation e-mail. Please note down the user name and password and keep them in a secure place.
HOW TO MAKE A DEPOSIT?
Click the "Deposit" button
Sign in to your account, and then you can make a deposit.
You need to fund your MagnumOptions account before you can trade binary options on the platform. Firstly, you have to sign in to your account. Then, you can click "Deposit", which will take you to the page where you can make a deposit.
Fill out cashier registration form
This is page where you fill out the cashier registration form.
When you make the initial deposit, you will need to provide detailed personal information, such as, full name, address, date of birth, etc. Please make sure to correctly fill out the form.
Make a deposit
This is the page where you can fund your account using any of the payment methods.
MagnumOptions offers a number of payment methods, such as Credit Card, Wire Transfer and Neteller. You can choose any of these payment methods to fund your account. If you would like to start trading as soon as possible, it is recommended to use credit card as it can be processed instantly.
HOW TO WITHDRAW FUNDS?
Click the "My Account" button
To withdraw funds from your MagnumOptions account, click on the "My Account" button to proceed.
It is just like making a deposit. In order to make a withdrawal request, you need to firstly sign in to your account. Then, you can click "My Account" in the upper part of the page. This will take you to the page where you can make a request to withdraw funds.
Make a withdrawal request
To make a request to withdraw funds, click "Withdrawal Request".
To make a withdrawal request, you need to click "Withdrawal Request" on the left side of the page. If you select "Withdrawal Request", you will see the page that displays the withdrawal form. You can enter the amount of money that you wish to withdraw.
After you fill out the withdrawal request form, you will be required to provide identification documents. Follow the instructions, you can withdraw money from your MagnumOptions account.