Redwood uses the SpotOption trading platform, a widely used and popular trading platform employed by the majority of online binary brokers due to its simplicity and effectiveness.
The platform is 100% web based, so software downloads are not required. You don’t need any previous trading experience as the platform has a user-friendly interface. You can make use of exclusive educational tools such as a free binary options e-book, live daily webinars, and video academy.
You can choose from a vast selection of assets to trade, including stocks, indices, commodities, and currencies. The platform’s trading modules are top of their class in the online trading market. This broker uses up to date and sophisticated technologies to ensure your security and satisfaction.
The SpotOption trading platform has the following unique features:
This one of the latest binary options trading tools. This tool allows a trader to choose from three different analytic strategies and use them for further insight into the behavior of different assets. The three strategies are the Relative Strength Index (RSI), the Moving Average, and the Bollinger Bands strategy.
The Follow Feature enables users to track the actions of leading traders and mimic them. After selecting successful traders to follow, the user then has the opportunity to imitate the actions of these traders based on their own personal specifications. The Follow Feature is an innovative tool that helps traders make successful investments.
Redwood Options has recently implemented forex capabilities, permitting forex-type investments with a binary options designed strategy. This provides users with increased flexibility when making a trade, ultimately allowing them to increase their chances of making a profit.
For experienced binary options traders, Ladder Options are a great addition to a trading strategy. They allow users to work even more in depth with options they are trading by predicting numerous strike points an option might hit.
Redwood offers the following trade types:
Mini Trading Account – €500
Starter Trading Account – €1000
Silver Trading Account – €5000
Gold Trading Account – €10,000
Platinum Trading Account – €25,000
Pls note: Risk free trade is up to 50% of the deposit.
Position of Redwood Options in our main categories:
It is important to keep in mind that virtually no service in the Binary Options Brokers category will be an ideal solution that can meet all the needs of different investors. It may be a good idea to read a few Redwood Options reviews first as specific solutions can actually excel exclusively in a specific geography or situation or be designed with a really specific customer in mind. Others may work with an idea of being easy and intuitive and as a result lack complex elements desired by more experienced users. You can also come across services that cater to a large group of customers and give you a rich feature base, however this usually comes at a more significant cost of such a software. Ensure you're aware of your requirements so that you select a service that provides all the functionalities you look for.
We realize that when you make a decision to buy Binary Options Brokers it’s important not only to see how experts evaluate it in their reviews, but also to find out if the real people and companies that buy it are actually satisfied with the product. That’s why we’ve created our behavior-based Customer Satisfaction Algorithm™ that gathers customer reviews, comments and Redwood Options reviews across a wide range of social media sites. The data is then presented in an easy to digest form showing how many people had positive and negative experience with Redwood Options. With that information at hand you should be equipped to make an informed buying decision that you won’t regret.
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Apart from the bonuses for each of the account types, Redwood Options also offers a Refer a Friend bonus. Users can refer friends to this broker instantly via a specialized link or Facebook post (referrals by emails are also accepted). Once the friend makes a $200 deposit, both the referrer and referee receive a $50 bonus. There is no limit – the more friends you refer, the more bonuses you will receive.
Launched in 2013, Redwood is one of the few brokers in the binary trading business to accept clients from the North America region, including the United States and Canada. Despite it being a newcomer, many traders have chosen Redwood for its lucrative terms. That being said, this particular broker is not regulated by any governing body. Still, Redwood has been excelling in terms of operational reliability, something traders look at when gauging a broker that is still in its infancy.
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