Quick Option Trade Company

Quick Option Trade Company: A Comprehensive Overview

1. Company Overview

Founding Date and Background

Quick Option Trade Company was established in 2015, aiming to provide a user-friendly platform for binary options trading. The company was founded with the vision of making trading accessible to both novice and experienced traders through a simple and effective interface.

Parent Company/Ownership Structure

Quick Option is owned by Rodeler Ltd., which manages its operations and strategic direction. This ownership structure allows Quick Option to leverage the resources and expertise of its parent company while focusing on its niche in binary options trading.

Headquarters Location

The company is headquartered in Limassol, Cyprus, a location known for its favorable regulatory environment for financial services and trading companies. This strategic location enables Quick Option to cater to a diverse clientele across various regions.

Global Business Scope

Quick Option primarily serves clients across Europe and Asia, focusing on binary options trading. While it has ambitions for broader market penetration, its operations are currently concentrated in regions that allow binary options trading.

Main Regulatory Bodies

Quick Option is regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 207/13. This regulatory oversight ensures that the company adheres to strict financial standards and provides a level of security for its clients.

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2. Company History and Development

Key Milestones

• 2015: Quick Option was founded, entering the binary options market.
• 2016: The company launched its proprietary trading platform, designed for mobile trading.
• 2018: Quick Option expanded its offerings to include various financial instruments alongside binary options.

Business Expansion Journey

Since its inception, Quick Option has focused on enhancing its trading platform and expanding its asset offerings. The company has aimed to attract a diverse client base by providing innovative features and competitive trading conditions.

Customer Base Growth

Quick Option has seen steady growth in its customer base, primarily due to its focus on mobile trading and user-friendly features. The company has attracted both novice traders seeking simplicity and experienced traders looking for a robust platform.

Platform Development History

The Quick Option trading platform has undergone several updates since its launch, with improvements focused on user experience, speed, and functionality. The platform now supports a wide range of assets and features, including trading alerts and an economic calendar.

Important Awards or Recognitions Received

While Quick Option has not received significant industry awards, its commitment to risk-free trading and customer support has garnered positive feedback from users.

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3. Trading Services Offered

Forex Trading Options

Quick Option offers a selection of forex trading options, allowing clients to trade various currency pairs. The platform supports over 70 currency pairs, providing traders with ample opportunities to engage in the forex market.

Stock Trading Options

In addition to forex, Quick Option allows trading in a limited selection of stocks. This diversification enables traders to explore different asset classes within the binary options framework.

CFD Trading Products

Quick Option does not primarily focus on Contract for Difference (CFD) trading; however, it may offer related products within its trading framework. Users should verify the availability of CFDs directly on the platform.

Other Financial Instruments

The platform also provides access to commodities and indices, enhancing its offerings. Additionally, Quick Option has expanded its services to include cryptocurrencies, allowing traders to engage in this emerging asset class.

Special Services or Unique Advantages

One of the standout features of Quick Option is its "risk-free trading" offer, which allows new clients to receive a refund on their first investment if it expires out of the money, up to a maximum of $1,000. This feature is designed to attract new traders by reducing their initial risk.

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4. Regulatory and Legal Background

Detailed Regulatory Information

Quick Option is regulated by:

• Cyprus Securities and Exchange Commission (CySEC)

This regulatory body ensures that Quick Option adheres to strict financial guidelines, promoting transparency and security for its clients.

Legal Entity Structure by Region

Quick Option operates under the legal entity of Rodeler Ltd., which is registered in Cyprus. This structure allows the company to comply with local regulations while serving clients globally.

Client Fund Protection Measures

As a regulated entity, Quick Option is required to maintain client funds in segregated accounts, ensuring that client assets are protected in the event of financial difficulties. This measure is crucial for maintaining trust and security among traders.

Countries/Regions Served

Quick Option primarily serves clients in Europe and Asia. However, it does not accept clients from the United States, which limits its market reach.

Compliance History

Quick Option has maintained a compliance record with CySEC regulations, ensuring that it meets the necessary standards for financial operations. Regular audits and reporting help uphold its reputation in the trading industry.

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5. Competitive Landscape

3-5 Main Competitors

Quick Option competes with several other trading platforms in the binary options market, including:

1. IQ Option: Known for its user-friendly interface and a wide range of assets.
2. Binomo: Offers a simple trading platform with various educational resources.
3. Olymp Trade: Focuses on providing a robust mobile trading experience with competitive features.

Positioning in the Industry

Quick Option positions itself as a mobile-first binary options trading platform, catering to traders looking for simplicity and accessibility. Its risk-free trading feature sets it apart from many competitors, making it attractive to new traders.

Market Differentiation Factors

Quick Option differentiates itself through its:

• Risk-Free Trading: Unique feature that refunds the first trade if it expires out of the money.
• Mobile Trading Focus: Designed specifically for mobile users, making it convenient for traders on the go.
• User-Friendly Interface: Simplified design that appeals to novice traders.

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In conclusion, Quick Option Trade Company has established itself as a viable player in the binary options trading market. With a focus on mobile trading, risk-free offers, and a straightforward user experience, it caters to a growing demographic of traders looking for accessible and innovative trading solutions. As the market continues to evolve, Quick Option will need to adapt and expand its offerings to maintain its competitive edge. For those interested in learning more about their services, further exploration of their platform is recommended.