One Touch Binary Option Demo

Dove Options Review 2022

Flag Traders in Singapore welcome

Dove Options offers binary options and copy trading.

Pigeon Options Facts & Figures
Instruments	Forex, Crypto, Binary Options, Stocks, Digital Options
Demo Account	No
Min. Eolith	500
Payment Methods	Credit Carte du jour, Debit Card, Mastercard, MoneyGram, Visa, Western Marriage
Min. Trade	i
Regulated By	CySEC
MetaTrader iv	Yeah
MetaTrader 5	Yes
cTrader	No
OmniTrader	No
AlgoTrader	No
TradingView	No
Trading Central	No
Autochartist	No
eSignal	No
STP Account	No
ECN Account	No
DMA Account	No
MAM Account	No
PAMM Business relationship	No
LAMM Account	No
Demat Account	No
Mobile Apps	No
Margin Trading	Yeah
Volatility Index	No
Spot Trading	Yeah
Perpetual Swaps	No
ELWs	No
REITs	No
AI / Auto Learning	No
Robo Advisor	No
P2P Trading	No
Negative Balance Protection	Yes
VPS Hosting	No
Tournaments	No
Demo Competitions	No
Managed Accounts	No
Market Maker	No
Auto Trading	No
Social Trading	No
Re-create Trading	Yes
Trade Signals	Yes
Islamic Business relationship	No
Business relationship Currencies	USD, EUR, GBP, CAD, AUD
Forex
Take leveraged positions on popular currencies.
GBPUSD Spread	0.eight
EURUSD Spread	0.eight
EURGBP Spread	0.eight
Avails	25+
Cryptocurrency
Speculate on Bitcoin with low margin.
Spread	Fixed
Lending	No
Staking	No
Mining	No
Car Market Maker	No
Coins	BTC
Binary Options
Pigeon Options offers multiple digital options products, including one touch and ladder avails.
Payout Percent	81
Ladder Options	Yes
Boundary Options	No

Hazard Warning – Your capital is at hazard

Dove Options is a multi-asset binary options broker. Customers tin trade thousands of avails across various platforms including MT4 and MT5. Our 2022 review will cover trading fees, EMEA regulations for retail investors, how to asking a alive account, software features and more.

Dove Options Headlines

Dove Options is a binary options trading platform designed by a group of industry experts. The company claims to exist one of the leading online brokers with an boilerplate payout of 81% vs the industry average of 65-75%. Traders also benefit from real-time information streams from Thomson Reuters, the broker's information provider.

The make is regulated and authorized by the Cyprus Securities and Commutation Commission (CySEC).

Trading Platforms

The Dove Options proprietary platform is available as a web trader merely. At that place is no download option for Windows or Mac devices. The platform is relatively basic, though it does provide an easy-to-use interface, which volition appeal to inexperienced traders. On the downside, information technology was disappointing not to notice a user guide or YouTube video tutorial with demonstrations of basic features.

The banker besides integrates with third-party platforms, including MetaTrader 4 and MetaTrader 5.

Products

Dove Options offers access to 4500+ trading instruments beyond forex, stocks, cryptocurrencies, bolt, indices are more than. This includes 80+ forex pairs such as the USD/GBP and global shares from the likes of Amazon, Facebook and Microsoft Inc.

There are too some unique proprietary products available:

One Bear upon

The I Impact binary options trading feature enables investors to merchandise during the weekends. Customers win if the cost of an asset hits a predetermined point. The contract is then automatically closed out and whatever winnings are credited to client accounts. Each trade is measured at v PM GMT on each weekend day.

For case, let's say the EUR/GBP currency pair has a current price of $111.11. The broker could offering 2 choices. The outset is a 'call' option, meaning y'all believe the cost of the asset will reach a predetermined toll level of $113.00. The other would exist a 'put' option indicating the toll could fall to $109.fifty. Traders win if the price hits the respective price point during the contract term.

Ladder

An increasingly popular binary options product, with up to 1500% profit available in as niggling equally xxx minutes. Traders are tasked with predicting the degree of price movement. Put simply, you must decide if the price of the asset will finish over or under specific price levels at the expiry.

Imagine yous are given five different price strikes of an nugget, with diverse payout levels. Potential payouts increase equally you move farther away from the electric current price. Customers tin can also use ladders as part of hedging strategies.

iFollow

iFollow is a relatively new addition to the Pigeon Options platform. The function allows investors to follow and copy the trades of selected investors. It is a proficient tool for new or inexperienced investors. Just select a trader, a time frame and a maximum investment amount and allow the program automatically indistinguishable positions. You can replicate trades beyond several assets or follow a specific instrument.

Fees

Dove Options is not particularly transparent when it comes to trading fees. There is no pricing listing, charges explained or useful turn a profit calculator. The express information we could gauge were that spreads offset at 0.8 pips for major forex pairs and from 1 betoken on leading global stocks such equally Facebook.

The installation of tertiary-party trading software or additional features within the broker'due south platform also incurs a 7.6% fee on profits. This tin exist paid before or during the withdrawal process.

Note, for UK investors, returns from binary options trading are currently viewed as tax-free by HMRC.

Leverage

Buying with borrowed uppercase enables larger investments. Nonetheless, trading with leverage is a high-risk strategy and you are responsible for paying associated involvement rates and costs to borrow the money. Also, non all avails are available with a margin account and maximum borrowing amounts may apply.

Mobile Trading

Dove Option does not offer mobile app compatibility. Traders cannot download the platform to a mobile or portable device pregnant y'all cannot manage your portfolio, open positions, view price history or translate bar charts and graphs while on the go.

It may be possible to access your account via the web on a mobile device although the features and functionality are not user-friendly. In contrast, Robinhood and TD Ameritrade'due south thinkorswim platforms can both be accessed via iOS and Android devices.

Payment Methods

Deposits

The broker has a $500 minimum deposit requirement for all new trading accounts. Dove Options accepts payments in GBP, AUD, CAD, EUR and USD. To fund an account, simply log in and select the 'deposit' tab within the platform interface. The banker accepts the following payment methods:

Western Spousal relationship
Credit/Debit Card
Depository financial institution Wire Transfer
MoneyGram Transfer
Maestro (Switch) and Solo

No information is provided for processing times, notwithstanding, credit/debit carte payments often provide the quickest times. Proof of identity is also required earlier depositing to comply with AML requirements.

Withdrawals

Withdrawals back to the original payment method can take upwards to v working days to be candy. There is besides a $100 minimum withdrawal amount. In that location are no fees for banking concern wire transfers, although third-party charges may apply. Credit card withdrawals incur a $500 accuse, which is extremely uncompetitive.

When reviewing the broker'due south terms and conditions, we too identified a withdrawal clause requiring all new users to purchase a withdrawal permit at the cost of $500 or equivalent currency. This documentation must be bought before customers are entitled to a fund transfer to a bank account. This is a major drawback versus competitors.

Demo Trading

Information technology was disappointing to see no free demo account offered to new Dove Options traders. Quotex, Pocket Selection and Race Option all provide access to a virtual trading environment with simulated real-life market conditions. A paper trading solution is a slap-up way to practise strategies risk-free and larn platform features.

At the time of writing, there were no alive promotions or bonuses available. This is aligned with CySEC and ESMA rules preventing the use of financial incentives to attract new customers.

Following a review in 2016, the CySEC ruled that Republic of cyprus Investment Firms (CIFs) 'must avoid the practise of offering bonuses that are designed to incentivise retail clients to trade in circuitous speculative products such as CFDs, binary options and rolling spot forex every bit it is unlikely that a house offering such bonuses could demonstrate that it is acting honestly, fairly and professionally and in the best interests of its retail clients'. The regulatory torso suggests if a broker wishes to reward a new or existing investor, they may do and then with lower spreads for example.

Regulation & Licensing

Dove Options is regulated by the Cyprus Securities and Substitution Commission (CySEC), under license number 248/14. Traders can be assured that this top-tier say-so contributes to a safer and fairer investing environment, like to that of the Financial Bear Authority (FCA). This includes access to the Investor Compensation Fund (ICF), providing upwards to $20,000 compensation if the banker becomes insolvent. Other guarantees include negative residuum protection for retail investors, segregated funds and access to the Financial Ombudsman for dispute resolutions.

Boosted Features

Each account profile offers fractional access to an didactics centre, with the Platinum account receiving total access. This involves keyword PDF glossaries available for complimentary download, an overview of how to place binary options trades and a review of global stocks available including companies from the UK, United states of america, Nippon and India. Information technology would as well exist good to run across newsletter subscriptions and an online web log with the latest news updates and price prediction information.

Interestingly, Dove Options as well allows investors to sell their binary options before contracts expire. Early expiration can help deliver more profits through portfolios.

Account Types

Retail clients tin can open i of five business relationship options; Classic, Statuary, Silver, Gold or Platinum. The master decision of account type is the deposit value, with the minimum payment amount starting at $500. You lot can deposit using GBP, USD, EUR, AUD or CAD currencies. A simple online registration form is required with mandatory KYC verification documentation.

We outline the five business relationship types below and their relevant benefits:

Classic

Level 1 didactics center
Access to a junior broker
Minimum eolith requirement $500

Bronze

Generic signals
1 hour of 1-on-1 training
Access to an executive broker
Level i and 2 education middle
Minimum deposit requirement $1,000

Silver

Three chance-free trades
Generic signals
Three hours of 1-on-1 preparation
Admission to an executive banker
Level 1, ii and three education center
Minimum deposit requirement $iii,500

Gold

V chance-free trades
Personalized signals
Seven hours of ane-on-one preparation
Level 1,2,3 and 4 education eye
Minimum deposit requirement $10,000
Admission to an executive broker and analyst

Platinum

Ten risk-complimentary trades
Personalized signals
Full access to the instruction heart
Minimum eolith requirement $15,000
Access to an executive banker and analyst
Unlimited 1-on-1 training and analyst sessions

Benefits

Several business relationship funding methods
Power to sell binary options before expiration
Proprietary terminal and third-party platforms
Innovative binary options functions and products such iFollow and Ladder

Drawbacks

No demo account
Limited fee transparency
No mobile app compatibility
Limited customer service options
High minimum deposit requirement
Expensive withdrawal charges plus a one-off 'withdrawal permit' cost

Customer Service

Dove Options offers very basic customer support. There is but an online contact form. Information technology is disappointing to see no phone number, live chat service or FAQ page. It would be practiced to access quick self-help tools to answer questions such as why is the platform not working, exercise I have whatever outstanding fees to pay or understanding a price quote by book.

A call-dorsum function is also bachelor although response times are unclear. The website does state customer and technical support employees are bachelor from vi AM to 9 PM GMT, Sunday to Friday. Alternatively, you tin can reach out to the customer service squad by post: xx Maple Avenue San Pedro, Los Angeles, California, 90731.

Security

Traders using the Dove Options platform tin can exist bodacious that tertiary-party platforms such as MT4 and MT5 implement comprehensive prophylactic protocols. Personal and fiscal data is exchanged with encryption between the broker and the terminals. Two-factor authentication (2FA) can also be added to accounts. This added layer of security uses a verification code every time you log in to your online business relationship via an authenticator app or electronic mail address prompts.

Dove Options Verdict

The express company data and bones website features are causes for business. Additionally, the lack of demo account, mobile app, limited client service and high minimum deposit requirement doesn't help. We would recommend circumspection earlier opening an account. Encounter our listing of alternative brokers beneath.

Accepted Countries

Dove Options accepts traders from Australia, Thailand, Canada, United States, United kingdom, Due south Africa, Singapore, Hong Kong, Republic of india, France, Germany, Norway, Sweden, Italy, Denmark, United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar and near other countries.

Alternatives to Pigeon Options

If you are looking for alternatives to Dove Options we have compiled a listing of the summit five brokers that are similar to Dove Options beneath. This list of brokers like Dove Options is in order of similarity and only includes companies that take traders from your location.

Videforex – Videforex accepts deposits in a range of cryptos and fiat currencies. Payouts reach 95% per trade.
Ayondo – Ayondo offering trading across a huge range of markets and assets. They also offer negative balance protection and social trading.
RaceOption – RaceOption is a binary options and CFD platform offering trading contests and prize giveaways.
FXChoice – FXChoice is an offshore retail banker offering MT4 and MT5 platform downloads plus online CFD trading.
Hantec Markets – Hantec Markets is a multi-regulated online FX broker offering MT4 and a tailored service providing flexibility to suit any trader.

FAQ

What Is Dove Options?

Dove Options is a multi-asset binary options platform. Trade across 4500+ instruments including global stocks, commodities and forex. The brand now also offers a copy trading tool.

Does Pigeon Options Offering A Demo Account?

Dove Options does non offer a demo business relationship. Paper trading is a groovy way to learn binary options tips and tricks before entering the live environment and is particularly useful if you are new to trading.

What Are The Dissimilar Dove Options Business relationship Types?

Dove Options offers v account types; Classic, Statuary, Silver, Golden or Platinum. All provide access to trading instruments, pedagogy and brokerage services. Minimum deposits vary.

Is Dove Options Legit?

Our review has highlighted some concerns about the sincerity of the brokerage. Regulatory legitimacy and lack of company data are major causes of business concern. Exercise circumspection earlier opening a live account.

		Dove Options offers binary options and re-create trading.
Pigeon Options offers binary options and re-create trading.

Dove Options vs Other Brokers

Compare Pigeon Options with whatsoever other banker by selecting the other broker below.

Dove Options vs