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60op
Rating: Rated with 4.5 stars
Binary Option Programs Award
Min. Deposit
$250
Min. Investment
N/A
Regulated Broker
No

60op Broker Review

  1. 60op

    In case you wish to trade with 60op, ensure that you trade through FXMasterBot. By doing so, you will be able to use this free and trusted online trading software that connects you directly to 60op and to all the brokers that are available in your country, so that you can choose the one you prefer.

    60op is a new broker who opened in August 2017. It is an unregulated Crypto and Forex broker, based on the Marshall Islands. As 60op claims, they offer a new trading experience which brings traders to all-new heights. South African traders should keep reading our full review below before they make any deposit in order to learn if this is a legitimate broker or if it is just another scam in the industry.

    Special Features

    60op offers only one trading account. This might be good for novice traders since they will not get confused about all the different options available. A relatively low minimum deposit of $250 is required before you open up a new account. It is important to note that the withdrawal amount is pretty low too. $100 minimum withdrawal is definitely beneficial to novice traders who usually place small trades and thus, their withdrawal requests are usually pretty low. Please note that if you do not place any trades for 6 months there would be a $60 fee for doing so. Some brokers will even close your trading account for account inactivity longer than that. $60 is pretty low compared to that.

    Trading Platform

    South African traders can choose between Forex, Cryptos, commodities, indices, and stocks through the simple or the Forex pro trading platforms. As the name implies, the simple trading platform does not offer so many advanced tools like the more advanced Forex pro one. For this reason, the simple platform might be best suited to novices whereas, the Forex pro platform would be usually used by experienced traders. We always recommend to our readers to test all the trading platforms available by their broker before they decide which one they like best as, more often than not, it comes down to personal preference.

    Education

    Free education material on trading strategies as well as cryptos is available to all users through the education center. 60op believes that education is very important when it comes to trading. For this reason, they have two different ebooks available based on their traders’ skill and experience level. As always, we recommend to all our readers to learn as much as possible about trading before they start risking their funds. The free educational material offered by 60op comes in handy. Traders should read all the educational materials that they can get their hands on, especially the free ones.

    Customer Support

    Potential and existing clients can contact their support team either by phone, email or through the online form available. When sending a message to 60op, traders can categorize their message under the deposit/withdraw, trading, technical issue or general inquiry so that it reaches the relevant department and thus, solve their issue as soon as possible.

    There are phone numbers available in Denmark, Finland, Norway, Sweden, as well as in the United Kingdom. Clients who wish to visit their offices can do so as long as they inform the office so that they free up some time to show them around or deal with any possible issues they might have. 60op wants to offer the best customer service possible and thus, they will try to solve all your trading issues as smooth and fast as possible.

    Payment Methods

    As already explained, 60op is owned and run by Gramin ltd in the Marshall Islands. Their exact location is the Trust Company Complex on Ajeltake Road, Ajeltake Island, Majuro, MH 96960, Marshall Islands. 60op accepts all major credit and debit cards like Mastercard, Visa, and Maestro. Also, e-payments like Skrill and Neteller are accepted too along with bank transfers even if they take a bit longer to clear compared to credit card payments which are processed instantly.

    Verdict

    South African traders wishing to have the best trading experience possible should definitely choose legitimate brokers like 60op who offers free signals, a low minimum deposit, a free demo account as well as an education center for improving your knowledge and skills in order to have successful trading.

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