The minimum amount per trade depends on the option: On the regular binary options, pairs and long term, the minimum trade is $10. On our unique 60 Seconds option the minimum trade is $5. On the Ladder option, the minimum trade is $25. On the One Touch option, the minimum trade is $50. On the iFollow, the Minimum investment per trade is $50 with the total investment limit of $50.
No, Redwood Options is a web-based trading platform, meaning you can login to your account and trade on any device that has an internet connection.
All your deposits, withdrawals and portfolio history can be viewed in the My Account section. Just login to your account and select the information you wish to view.
A detailed list of all our available assets containing their description and trading hours is included in the Asset Index tab located on the menu bar and at the bottom of the homepage.
The time is set at GMT +0; it is synchronized with the market time.
Green indicates the rising of a price, and red indicates the falling of a price.
A binary option is an asset class in which one attempts to determine which direction the price of an underlying asset will move by a pre-specified expiry time. For example, if the price of gold is currently 1500, will it rise or fall by 17:00. Binary options are a safe way of trading, as the risk and reward are known from the outset. Payout structures vary, and are usually between 70% - 550% of the investment amount (depending on the type of option). Binary options have been growing rapidly in popularity since 2008, and have become regulated by CySEC as of 2012.
A commodity, index, stock, currency pair, or any other financial asset that constitutes the basis for creating an option.
The maximum amount per trade depends on the option: On the regular binary option, pairs and long term, the maximum trade is $5,000. On 60 second option , One Touch and Ladder, the maximum is $500. On the iFollow, the maximum is $3000 per trade with the total investment limit of $3000.
Registering at Redwood Options is extremely simple: 1. Click on “Open Trading Account” on the home page. 2. Fill in the mandatory details. 3. Submit the form. 4. You will receive a welcome e-mail with a verification link. Click on it. 5. That’s all! Welcome to Redwood Options!
Our team at Redwood Options are here for you, and are readily available to help! You can contact us by email, phone, or through the Live Chat button on the top of the page.
Redwood Options traders are responsible for determining if there is any tax owed in their country of residence and for paying any of these liabilities. See our general terms and conditions for more details.
We take all possible measures to ensure your utmost security. We use the internationally accepted security system SSL (Secure Sockets Layer), which encrypts all credit card payments over the web. This system is automatic, and you will receive instant notification if your browser does not support it.
No. A deposit is not required and no credit/debit card details are required in order to register for this site. However, you will have to deposit money to start trading.
You can open a trading account in either USD, EUR, CAD, AUD, GBP, CAD, or JPY as a base currency.
The maximum withdrawal amount is $20,000 via credit card.
The minimum deposit amount is 200 EUR, 200 USD, 200 CAD, 200 AUD, 200 GBP, or 20,000 JPY.
It depends on the deposit method. 1. Credit card - 20,000 USD 2. Wire - Unlimited
Yes. The minimum withdrawal amount is 100 EUR or 100 USD depending on your trading account currency.
The maximum withdrawal amount is 2,000 per week, depending on the currency of your trading account.
A SWIFT code is the unique identification code of a particular bank that is used when transferring money between banks. Your bank can tell you what their SWIFT code is. If the SWIFT code comprises of only eight digits, you will have to insert XXX at the end.
Of course! Even if your withdrawal request is being processed, you can still cancel the withdrawal and return the money to your Redwood Options account. The withdrawal cancellation option is especially useful when you do not have sufficient funds in your account, but you wish to continue trading. You can simply cancel your withdrawal by contacting us by phone or email.
At Redwood Options, you can make any wire transfer over the amount of USD 500 (JPY 50000). There is a commission of USD 25 (JPY 2500) added to the wire transfer. Please note that the wire transfer must be done in accordance with the details which are posted on the banking page under "Wire Transfer." Please email a copy of the wire transfer to email@example.com. It can take up to 5 business days for the funds to appear in your Redwood Options account. For your information, there is a window of two business days that is designated as a period of examination for Redwood Options that occurs from the day the payment request was received. After that examination period, the remittance to the customer will be completed within 5-7 business days. Should you have any questions or concerns, please don’t hesitate to contact us. We are here to help!
Redwood Options allows you to make payments using the method of your choice - be it credit card, debit card, wire transfer or WebMoney. The following credit/debit cards are accepted: VISA, MASTERCARD or MAESTRO The lowest amount you can deposit by credit card is 200 USD (20,000 JPY).
In order for a deposit or withdrawal to be successfully activated, proper documentation for personal identification must be supplied by e-mail to firstname.lastname@example.org when your Redwood Options account is established. 1. Picture ID: This can be any public document such as a passport or driver’s license. 2. Documentation that can confirm present address - such as a copy of a public utility bill dated within the last six months. 3. If you invested by credit card, then a copy of the credit card used for the investment must be sent. For your own security, please cover your card number on the front of the card, leaving only the last 4 digits visible. Also, cover the CVV number on the back of the card while leaving the signature visible. That’s all! Now you can deposit and withdraw at your discretion.
Traders are able to conduct trades within 60, 90, 120, 180, and 300 seconds.
The Forex Feature is a new addition to Redwood Options that allows you to make forex-type investments through our binary options platform. When trading forex on Redwood Options, you first will select a Stop Loss, Take Profit, direction and position. The option will expire when it reaches one of your limits or at the end of the day. Trading forex on a binary options platform is particularly advantageous because you do not need to worry about market movement outside of the expiry time on your trades.
The Follow Feature is a specially designed tool that enables you to “follow” other traders and mimic their trades on your personal account. You can select the user you want to follow, the period of time you want to follow them for, an investment amount and a max investment limit. Then, the Follow Feature will re-create the followed user’s trades for you.
Ladders Options allow you to make multiple investments on a single asset and benefit from market volatility. Various pre-defined strike points will be displayed in increasing amount on a single asset, and you can make Call/Put predictions on each. Essentially, you have the opportunity to gain from the continued movement of an asset as it “climbs” the ladder, instead of only gaining when the price of an asset moves above or below a singular point.
The potential payout when trading with ladder options has a broad range. If you make a “safe” investment that is already deep in the money, you can generally expect returns of a few percent. However, with out of the money investments you have the opportunity to gain potential returns of up to 1500%!
The Refer a Friend program is a rewards program created specifically to thank loyal users who share the Redwood Options platform with their friends. You can easily invite your friends to begin trading by sending them a personalized link, an email or a Facebook post.
Once the referred friend makes a $200 deposit, both you AND your friend receive a bonus $50 cash deposited directly into your accounts.
There is no limit on the amount of friends you can refer, and referred friends are also invited to refer others for additional bonuses.
“Call” represents the “up” direction that a price may take. If you believe that the price of the asset will rise by the expiry, then “call” is the button to click.
Put represents the “down” direction that a price may take. If you believe that the price of the asset will fall by the expiry time, then “put” is the button to click.
Once you have deposited funds, you can make a trade by clicking on “call” if you believe that the price of the chosen asset will rise by expiry or by clicking on “put” if you believe that the asset price will fall by the expiry time. You will then be asked the amount you wish to invest, and after that you will be prompted to approve the trade. The selection may be canceled by clicking on "X" at any time before the approval of the trade. Please note that the rate keeps updating in the investment box.
A successful investment will yield a return in accordance to the percentage displayed for the particular offer you wish to trade. Each option displays its own payout percentage, and Redwood Options usually offers between 70% - 85% for traditional binary options. But you can trade One Touch options for payouts as high as 550%!
In the event that the option expires out-of-the-money, your account will be credited automatically with a proportion of your original investment. The proportion you will be credited varies depending on the option you have taken. Usually, you will receive from 0-10% of the value of your original trade. Let's say you trade a Nasdaq Call option with a value to $500, and at the time of expiry your trade closes "out-of-the-money". In this case, you would receive a credit on your trade of $0-$50 depending on the option you bought.
Rates are the quoted prices of the underlying assets. The rate is the price offered by Redwood Options, based on live feeds from Reuters. Please note that rates offered by Redwood Options are not always reflective of exact market prices – they can vary by a few pips. The rates we present in the trading boxes on our home page are those at which Redwood Options is willing to sell the options.
The expiry rate is the price of the underlying asset at the time of expiry according to feed providers such as Reuters. This is the determining factor for identifying whether the option has expired in-the-money or out-of-the-money.
The expiration time is the time and date at which an option expires.
Like the market, rates at Redwood Options are dynamic and change every second. Market fluctuations affect our automatic pricing engine, which displays rates in real-time. However, here at Redwood Options, rate capturing is as good as technology allows. Additionally, you have the option to cancel your trade if you did not receive the exact rate you desired. For your convenience, Redwood Options makes rate analysis as easy as possible by showing a blinking movement every time the price fluctuates and by the color indicator, which turns the price green upon upward movement or red upon downward movement.
Please click on “forgot password?” and a new password will be issued and sent to your email.
You can update the information in My Account > Personal Details or contact us by email.