A Brief Look At A New Broker For A New Year

To kick off 2014 we thought we would take a look at a new broker. New both in the sense that we have never reviewed or examined them before, and also in the sense that they are a fairly new broker hitting the binary options scene. That broker would be Redwood Options.

Redwood Options has been brought to us by the same firm that gave us TradeRush, one of the most popular and successful broker operating in this market, so we had high expectations for Redwood going into this review. Luckily for Redwood they didn't disappoint us for the most part. Their trading platform is really very similar to that of TradeRush so while there obviously isn't much originality there, it isn't needed. TradeRush gets things right and is highly popular with traders worldwide so why deviate too far from what works?

The Redwood Options trading platform does a great job of integrating all the best features of the top binary options brokers in the business while leaving most of the "junk" behind. This leaves the platform clean, simple and professional looking and with a very intuitive site navigation structure. Everything of any importance is no more than a couple clicks away.

Redwood also offers an impressive lineup of educational resources, as well as up-to-date market commentary and analysis to help you keep your finger on the pulse of the markets. From a wide range of article on binary options trading and strategy, to video courses one-on-one account manager guidance for more substantial clients. Overall they have one of the better selections of learning resources among binary options brokers and this makes them a great choice for those who may be new or just starting out in binary options trading.

Redwood also offers the highest available return rates of any binary options broker out there on their 60-second binary options. These option contracts can have payouts up to a whopping 81 percent at Redwood! Nobody that we know of can beat that at this time. Overall we think Redwood is a win and that you would be hard-pressed to find a better binary options broker anywhere, especially for US and English-speaking traders (Redwood is currently only available in English. Though they are working on changing that in the future). Since we have not yet actually had a chance to open an account and trade with Redwood we cannot write as detailed a review as we would like to right now. Luckily for us our friends over at BOTSchool have done just that, opening an account and trading with them for a month to try out their service and report on what they found. Here is a link to their much more detailed and in-depth Redwood Options review.

There are also some other pretty good and detailed reviews out there besides the one linked to above but that was the most recent one we could find and it should have all the important information you might be looking for. If the review above doesn't answer all your questions then a simple google search for "redwood options review" will bring up several more reputable sources which you can peruse for the information you need. We hope you found this post useful and, as always, good luck in all your trading activities!