According to our team’s research, Omega Options does NOT provide demo accounts. We also found out that they do not rate highly in Google Trends and there is no significant data about them. As an alternative we selected the top brokers that provide a Demo account for free.
Top10BinaryDemo cannot confirm that Omega Options can offer you a demo account. In order to avoid risking real money you can Proceed to an Approved Broker with Demo Account OR choose from the Top Demo Brokers:
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Omega Options Review
Our team was assigned to carry out a thorough research about the brokerage company Omega Options. This is a broker who offers online binary options trading. The team was able to test and check the deposit and withdrawal procedures at Omega Options and also consulted a number of feedback provided by the traders. The research cleared an overall picture regarding the reputation of Omega Options and you can read the review below for more details and information.
Is Omega Options a Scam Broker or Not?
Omega Options offers its platform for trading binary options and traders opt to use the same for making instant profits. The research conducted by our team reached several areas and consulted several traders about their outcomes and profits. The survey participants were quite a mix of traders who had just started trading; the ones who took a calculated and small risk and those who had been trading since long. Many of them responded negative for their trading experience with the broker Omega Options.
The website looks quite professional but it does not have all requisite information about Omega Options like who is the owner, whom to contact and what approvals and certificates are owned by the company.
The bottom line, however still boils to the point that any trader who wants to trade binary options through Omega Options should open account at their own risk, because we cannot confirm the safety of this broker. If you decide to take this step be sure that Omega Options is operating according to all laws and regulations. For now, we recommend traders to open accounts with another approved and trusted binary options broker.
Our investigations and our massive experience show that 24Option and Banc de Binary are much better alternatives to Omega Options.
They are licensed brokers which offer safe and secure trading environments.
Binary options trading is available at Omega Options where the website shows all needed signals and charts but the ultimate response is again trader’s own responsibility. Omega Options offers the 4 main types of assets – commodities, stocks, currency pairs and indices. Traders can use disposal tools such as the traditional High/Low (called Up/Down here) and Touch/No Touch options as well as Range options (called Stays In/ Goes Out for here).
Account Types & Demo Account at Omega Options
The website has 4 types of accounts. Omega Options declares certain bonuses of various percentages to the traders. The bonus amount may be withdrawn only when a certain trading volume is reached so we recommend traders to read carefully the Terms and Conditions Section.
Standard Account – $500
Gold Account – $5000
Platinum Account – $10000
Diamond – $25000
Deposit & Withdrawal Procedures
There is a minimum deposit requirement for opening an account with Omega Options – $500 which is quite higher compared to others. The trading account can be opened by using several currencies but once you have chosen a currency during the registration process you cannot change it later. Funds can be transferred to trading account using bank services, credit cards, wire transfer, or even electronic wallets. Omega Options allow just one withdrawal for free. Beyond that one has to pay a fee on each withdrawal done within a month.
After our research we concluded that Omega Options does not provide a demo account.
The lack of practice account and risk free trading makes this broker unsuitable for traders who want to learn how to trade without losing their investment.