This platform is operated and owned by a holding company known as the Blue Sky Solutions. A redwood option is ideal for American traders and is a well trusted brand that gives excellent trading options and great service. The design and layout is efficient and modern which focuses on forward binary options trading. It accepts US customers from all the states in the USA. This platform learns from the mistakes of other brokers and turns them into strengths. At first glance it would seem as just other broker offerings online but a closer look would surprise you. It has so much to offer and has the best trading options.
This is a 100% web based platform and it does not require downloading of any software. It uses the popular Spot Option software which requires no prior trading experience and is very easy to use. You can select call or put while trading regular binary options. Put is the option that grants the right to sell the underlying stock and is the opposite of call. Call is the option that gives the holder the right to buy the underlying stock. There are two added features, double up and rollover.
Double– when you get near to the expiry date and the investment seems to be in fire and then you have the possibility of redoing the investment by pressing double up. By this you would get another trade with the same features and current price. You can double up your potential profits and your investment.
Roll over– this is to lower your exposure in the early phase of your Redwood Options trading. If the investment is not going as planned you can expand the time frame by adding 30% of the investment. So if you are making a $1000 binary trade then you would have to invest $300 to expand the time.
They have the best options and features like One Touch and 60 Second Options that makes it stand out. They have Open Platform that allows you to see the binary options trading environment and gives insights on what traders are doing. The Option Builder allows you to arrange your trades as you go providing an additional touch. You can easily select the type of contact you want, amount you want to invest, expiry time etc.
It has a live chat facility which is good. It is not fast but if you would wait for just 5-10 minutes you would get the help that you want. They are available 24/7 and you can even access the services through live chats, mails and calling their office. They give an excellent service and they are increasing and improving every year. On signing up you get your own personal account manager who would call you and guide you through the process of trading and depositing with Redwood.
There are many advantages with this platform. They are very beneficial trading academy and have a support team that is very dedicated. They give free market analysis and high returns on trades. You can opt for low minimum trading amount with real time trading and reliable trading platform.
In the binary options industry Redwood is a very young broker but is drawing considerable amount of attention among the trading circle due to their proactive attitude. And we hope to see more efficient and good things from them in the near future.