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Comparison 10trade vs. Magnum Options

Getting the right binary option trading srevice for your business is difficult with too much functions, choices, and terms to consider. However, relying on our website will make it possible for you to streamline the selection steps by getting all major services in one place. For example, you can compare 10trade and Magnum Options for their tools and overall scores, in this case, 7.4 and 8.0, respectively. Furthermore, you can see which broker has superior general user satisfaction rating: 100% (10trade) and 96% (Magnum Options) to determine which service is the better choice. Don’t simply pick the service with the most attractive minimum deposit, but the solution that offers the best value for your money.

Comparison

10trade

VS

Magnum Options

VS

Our Score

Our Score

7.4 ?

Our Score

8.0 ?

Client Satisfaction

Client Satisfaction

100% ?

Client Satisfaction

96% ?

Minimum Deposit

$200

$200

Accepts US Clients

Yes
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Complete Review

Description

10trade provides users the SpotOption trading platform. Widely known and used by many binary brokers, SpotOption is fairly easy to use even for novices and comes loaded with basic and advanced tools and functionalities that many traders find useful when they trade. SpotOption also boasts an intuitive user interface that makes trading easy. Now, SpotOption traders can trade and do business using their Android and Apple devices.

The platform has good data latency, offers fast trade execution, as a well as a range of colors to help you pick useful information on the screen. You can get the information you need to make a trade with a simple glance. The platform also offers a practical layout in the way the web pages are organized.

Magnum Options is using the SpotOption trading platform, which is one of the most widespread trading platforms out there because of its simplicity and flexibility. It is so straightforward that even rookie traders won’t find themselves having a hard time navigating and performing trade features and processes with SpotOption.

Trade Types

10Trade offers the following trade types:

  • High/Low
  • 60 Seconds
  • One Touch
  • Pairs
  • Ladders

Magnum Option offers the following trade types:

  • Classic Binary Options
  • One Touch Options
  • Option Builder
  • 60 Second Options
  • Option Pro

Located In

Nicosia, Cyprus British Anguilla

Customer Service

EMAIL PHONE NO.
LIVE SUPPORT TRAINING
Customer Support Languages: English, Spanish, German, French, Russian, Italian, Arabic, Dutch
Customer Service Hours: 10trade offers 24/7 customer support.
Place Trades Over the Phone?: No
EMAIL PHONE NO.
LIVE SUPPORT
Customer Support Languages: English, Italian
Customer Service Hours:
Place Trades Over the Phone?: No

Place Trades Over Phone

No
No

Platform

Platform type: SpotOption
Platform Languages: English, Spanish, German, French, Russian, Chinese, Japanese, Italian
OS Compatibility: Mac OS, iOS, Windows, Android
Streaming News Feed: Yes
Email Alerts: Yes
Mobile Alerts: No
Platform type: SpotOption
Platform Languages: Italian
OS Compatibility: iOS, Windows
Streaming News Feed: Yes
Email Alerts: No
Mobile Alerts: No

Comission

No
No
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Email

support@10trade.com support@magnumoptions.com

Bonuses & Rewards

No Deposit Bonus: No
Bonus for First Deposit: No
Is the Bonus Based on the Volume of the Transaction?: No
Other Bonuses: No
No Deposit Bonus: No
Bonus for First Deposit: No
Is the Bonus Based on the Volume of the Transaction?: No
Other Bonuses: No

Phone

+35-777-788-035 1-855-217-4642

Assets

Indices, Stocks, Commodities Forex, Metals, Oil, Gold, Indices, Stocks, Commodities

Payouts Percentage

90%

85%

Trading Accounts

10trade offers 5 account types:

Welcome – €500

  • 20% bonus
  • Platform tutorial
  • Daily market reviews
  • Digital online ebook
  • Trading central – 2 weeks

Bronze – €1,000

  • 30% bonus
  • Platform tutorial
  • Daily market reviews
  • Digital online ebook
  • Introduction to market analysis
  • 1 trading strategy
  • Trading central – 1 month

Silver – €2,500

  • 40% bonus
  • Platform tutorial
  • Daily market reviews
  • Digital online ebook
  • Introduction to market analysis
  • 2 trading strategies
  • Trading central – 3 months

Gold – €5,000

  • 50% bonus
  • Platform tutorial
  • Daily market reviews
  • Digital online ebook
  • Introduction to market analysis
  • 3 trading strategies
  • Trading central – 6 months

Platinum – €10,000

  • 50% bonus
  • Platform tutorial
  • Daily market reviews
  • Digital online ebook
  • Introduction to market analysis
  • 5 trading strategies
  • Trading central – 1 year
  • Express withdrawals
  • Money management training
  • Optional tablet

Magnum Options offers the folllowing trading accounts:

  • Standard Account
  • Premium Account
  • Executive Account
  • Magnum Elite

Withdrawal Options:

Credit Card, Debit Card, Bank Wire Transfer Credit Card, Debit Card

Payout ratios

10trade offers returns of up to 90%.

75%

Deposit Options

Credit Card, Debit Card, Bank Wire Transfer Credit Card, Debit Card, Bank Wire Transfer, CashU
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No Binary Options Brokers will be able to cater to all the needs of a company. Though main features of 10trade and Magnum Options are important you should also carefully examine the integrations supported by every product. Quote frequently your team will already be working with other types of B2B software in your company and it’s definitely wiser to select products that integrate well with one another. That way you will be able to guarantee a smooth exchange of data between your teams and services, which can significantly reduce time devoted to migrating between one app and the other.