72 Option

General Information & Regulation

72 Option was founded in 2011 and is owned by Epic Ventures Ltd. The company is based in Sofia, Bulgaria, and the address of 72 Option is Ivan Dimov Nenov 7 Sofia Bulgaria 1360. Binary brokers are prohibited in Europe which probably means that 72option is operating illegally. There is no mention of regulatory oversight on the brokers website which does not surprise us in the least.

Market Instruments

72 Options investment portfolio includes 20 international stocks, 12 currency pairs, 7 commodities and 20 indices.

Minimum Deposit

The minimum deposit amount is $ 250. Minimum withdrawals for credit and debit cards are $ 100 and $ 500 for wire transfer withdrawals. The broker does not charge commissions for depositing and withdrawing funds. The withdrawal process takes 5 to 7 days.

Payouts

The pay-out on EUR/USD is especially high – it comes at 90 per cent which is significantly above the industry average.

Trading Platform Available

72 Option uses a trading platform created by SpotOption. The platform supports various options such as 60 seconds, long-term options, pair, one touch, ladder, high / low. A trader can choose from 100+ assets to trade. Since 72 Option does not offer a demo account, traders cannot test the platform and familiarize themselves with all of its features.

Deposit & Withdrawal

72 Option deposit and withdrawal procedures are almost same as those of other Forex brokers. Deposits can be made in two ways: by credit / debit card or bank transfer.

Customer Support

72 Option's support team responds quickly to questions via live chat. E-mails are usually answered within one to two days. You can also contact support by phone.