ZeusOption is one of the newer binary options brokers.
Founded in mid 2016, ZeusOption is owned and operated by FBR Investments LTD who is located in the London, England.
ZeusOption is not yet licensed and regulated but the trading platform they utilize is CySEC regulated. ZeusOption uses the popular Spot Option platform that allows investors to trade in short or long term options, one touch, ladder and pairs.
Overall, the ZeusOption website has a professional design and it seems like a well managed binary options broker.
ZeusOption Deposit Terms & Conditions
The minimum deposit amount at ZeusOption is $250. There are many ways an investor can deposit once they have created an account.
Deposit methods include wire transfers, credit or debit cards and over 20 ewallet systems.
While you do not have to until you are requesting a withdrawal, it is recommended that you send ZeusOption compliance documents immediately after depositing so withdrawals will be processed quickly. The compliance documents consist of:
- A copy of the credit card used
- A copy of your government photo identification
- A copy of a bank statement or utility bill showing your name and address
These are needed to comply with anti-money laundering regulations.
ZeusOption Bonus Terms & Conditions
ZeusOption does provide bonuses, but you should always understand the stipulations required to withdraw after accepting any bonuses.
At Zeus Option, when you accept a bonus, you will have to make trades in the volume of 30 times that bonus before you can withdraw said bonus or any profits made while using that bonus.
So if you were to receive a $100 bonus, you would have to make trades equal to, or above $3,000 in volume.
Many experienced traders do not accept bonuses because of these stipulations.
ZeusOption Withdrawal Terms & Conditions
Withdrawals at ZeusOption are processed within 3 days of receiving the request. As long as the trader submitted the KYC documents I mentioned in the depost terms and conditions, withdrawals will flow smoothly.
There are no fees if you withdraw to a credit card. If you withdraw via bank transfer, ZeusOption charges $25.
You will receive your money within 7 days after processing as long as you followed the protocol.