PrimeTime Finance Review

 

PrimeTime Finance is a trade mark of Spot Capital Markets Cyprus Investment company, regulated by Cyprus Securities and Exchange Commission. Company’s license number is 210/13. PrimeTime Finance started its operations in 2015 and quickly gained popularity due to excellent customer support, personalized service and interactive trading academy. PrimeTime Finance is a member of Investor Compensation Fund which gives traders additional guarantee that their funds are protected. Company has a great reputation and it offers its services to new traders and those who already have plenty of binary trading experience.

 

Why Trade at PrimeTime Finance

PrimeTime Finance is featuring the most advanced Spot Option platform with the widest range of assets, good selection of expiry times, including short term options (30 seconds, 60 seconds, 180 seconds and 300 seconds) and long term options. In addition to the Classic binary options trading on PrimeTime Finance platform you can also find Ladder options, Pairs, One touch. Assets include currency pairs, commodities, stocks and indices, and for the traders’ convenience all assets and their trading times are summarized in Asset index.

PrimeTime Finance website in blue and silver colors is rather impressive. It is perfect for beginner traders as it is very informative and easy to navigate.

Educational materials offered by the broker also can be appreciated by the novice traders. Economic calendar is another great feature, very useful for the adherents of fundamental analysis.

PrimeTime Finance broker customer support deserves special attention. Business hours are from Monday to Friday (10 – 19 Cyprus time). 24/7 customer support is offered to VIP clients. We have to note, that Live chat is always active during business hours and questions are answered efficiently and without delay. Another great tool is a call back form. Support agents are welcoming and knowledgeable, always willing to help. Experienced traders will certainly appreciate advanced educational programs and live webinars on strategies, risk management techniques and financial markets, which are intended to polish their trading skills and improve trading profitability.

 

Potential Returns

Average return rate of PrimeTime Finance classic binary options is between 80% and 88%, which is not different from the most of SpotOption platforms. Traders are given an option to Sell their positions earlier and minimize the loss, to Double up the invested amount or prolong expiry time (Roll over). So the loss is not always 100% and the profit is not just 88%. By using the above mentioned profit maximizing features a trader can have a freedom of managing his open positions according to his risk management preferences and market knowledge.

Other types of binary trading featured on PrimeTime Finance platform can have even higher payouts. For example, Ladder options allow to make 1000% and more on one trade if the market present an opportunity to open and win a position on an option which is deeply out of the money at the moment of strike.

 

Trading Platforms and Features

The PrimeTime Finance broker has a great Trading Academy. Educational materials allow novice traders to understand the principles of binary transactions very quickly. There are webinars, tutorials, articles, e-books and advice of market analysts.

PrimeTime Finance platform is 100% web based and options can be traded anywhere in the world where internet connection can be established. Apart from that the company offers mobile terminals for Apple and Android, which can be downloaded in a matter of minutes on any mobile device. These applications are very convenient for those traders who cannot be behind their computers during preferred trading hours.

 

Banking Options

Withdrawal and deposit procedures with PrimeTime Finance are fast, simple and efficient. The deposits can be made by bank transfer, by credit cards such as Visa, MasterCard, Maestro, and by various electronic wallets, such as WebMoney, CashU, Skrill and many others. Minimum deposit is $250, maximum deposit is unlimited, but if you are depositing by credit card, the maximum you can transfer on your trading account is $5000.

Minimum withdrawal amount is $50. Withdrawals are processed efficiently, we received the funds the following day after placing a withdrawal request.

 

Bonuses and New Customer Promotions

PrimeTime Finance offers moderate bonus programs, from 25% to 75%, but turnover requirements are one of the most favorable in the industry. 5 times bonus turnover requirement entitles traders to withdraw all profit generated with the use of the bonus. Please note, that bonus is not withdrawable and it can be removed from the trading account at any time as per request of the trader.

 

Conclusion

In summing up the results we can say that among the undoubted advantages of PrimeTime Finance broker are good variety of trading accounts, excellent customer support, interactive educational programs, comfortable and practical trading platform interface and secure payments, flexible bonus conditions. We can further say that PrimeTime Finance is perfectly suitable for beginners and those who have skills and experience in binary options trading.