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Software 10trade vs. OptionBit

Selecting the most appropriate binary option trading srevice for your company is hard with various functions, options, and offers to take note of. But, relying on our website will help you to simplify the necessary steps by reading all key brokers in a single place. For example, you can compare 10trade and OptionBit for their features and overall scores, in this case, 7.4 and 8.0, respectively. Likewise, you can check which service has superior general user satisfaction rating: 100% (10trade) and 100% (OptionBit) to determine which solution is the better choice. Don’t simply choose the service with the lowest minimum deposit, but the solution that gives the best value for your money.

Software

10trade

VS

OptionBit

VS

Score

Our Score

7.4 ?

Our Score

8.0 ?

Customer Experience

Customer Experience

100% ?

Customer Experience

100% ?

Minimum Deposit

$200

$200

Accepts US Clients

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Detailed 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.

OptionBit’s trading platform offers a wide range of useful resources and tools. It is user friendly and provides a “My Trades” box that indicates open trades.

OptionBit offers a range of advanced trading tools for a successful trading experience. All tools are available when trading currency digital trades only. You will be able to activate and use the trading tools starting five minutes after entering the trade and until 10 minutes before expiry. The trading tools offered are ‘Close’, ‘Extend’, and ‘Auto Trade’.

This broker also offers mobile apps compatible with Android and iOS platforms to enable trading on the go.

Payouts Percentage

90%

81%

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

OptionBit offers four types of trading accounts:

Mini Account

  • Minimum deposit is $200
  • Welcome bonus up to 30%, loyalty bonus up to 30%
  • eBook on binary options trading and trading with OptionBit
  • Personal trading analyst
  • Free trading alerts
  • Daily market review
  • Account manager
  • Training materials like financial charts and webinars
  • One free monthly withdrawal

Standard Account

  • Minimum deposit is $1000
  • Welcome bonus up to 50%, loyalty bonus up to 100%
  • All features of Mini Account, plus:
  • Soft copies of digital lessons
  • Market reviews twice daily
  • One on one trading sessions up to 5 times every day

VIP Account

  • Minimum deposit is $10,000
  • Welcome bonus up to 75%, loyalty bonus up to 100%
  • All features of Standard Account, plus:
  • Two free withdrawals per month
  • Unlimited one on one trading sessions
  • Market expert to handle your account personally

Diamond Account

  • Minimum deposit is $50,000+
  • Contact the broker for information

Trade Types

10Trade offers the following trade types:

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

OptionBit offers the following trade types: one touch, autotrader, and classic. The broker’s Tradologic trading platform includes the following trading types: regular above/below binary options, touch trading and range, as well as “extend” and “close now” features. Option types offered on the website are digital, one touch, touch/no touch, range, and turbo.

Located In

Nicosia, Cyprus Cyprus

Deposit Options

Credit Card, Debit Card, Bank Wire Transfer Webmoney, Credit Card, Debit Card, Bank Wire Transfer, Moneybookers
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Email

support@10trade.com support@optionbit.com

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: Tradologic
Platform Languages: English, Spanish, German, French, Russian, Japanese, Italian, Turkish, Arabic
OS Compatibility: Mac OS, iOS, Windows, Android
Streaming News Feed: Yes
Email Alerts: Yes
Mobile Alerts: Yes

Place Trades Over Phone

No
No

Comission

No
No

Payout ratios

10trade offers returns of up to 90%.

OptionBit allows you to earn a payout of up to 400% on your investment.

Assets

Indices, Stocks, Commodities Oil, Gold, Indices, Stocks, Commodities

Phone

+35-777-788-035 0044 (0) 203 150 0934

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

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 TRAINING
Customer Support Languages: English, Spanish, German, French, Russian, Italian
Customer Service Hours: OptionBit provides 24-hour customer support.
Place Trades Over the Phone?: No

Withdrawal Options:

Credit Card, Debit Card, Bank Wire Transfer Webmoney, Credit Card, Bank Wire Transfer
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No Binary Options Brokers will be perfect enough to cater to all the requirements of a business. Though core features of 10trade and OptionBit are important you should also thoroughly examine the integrations provided by each service. In many cases you will already be making use of other types of B2B software in your company and it’s always more beneficial to choose products that integrate well with one another. That way you can ensure an effortless exchange of data between your teams and apps, which can considerably reduce time devoted to migrating between one app and the other.