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Comparison 10trade vs. OptionTrade

Choosing the right binary option trading srevice for your business is not that easy with so many features, choices, and offers to take note of. However, depending on our website will make it possible for you to simplify the selection steps by showing all key services in one place. For example, you can match 10trade and OptionTrade for their functions and overall scores, namely, 7.4 and 8.4, respectively. Likewise, you can check which provider has better general user satisfaction rating: 100% (10trade) and 100% (OptionTrade) to determine which one is the better option. Don’t simply pick the platform with the most attractive minimum deposit, but the one that has the best value.

Comparison

10trade

VS

OptionTrade

VS

Our Score

Our Score

7.4 ?

Our Score

8.4 ?

Client Satisfaction

Client Satisfaction

100% ?

Client Satisfaction

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.

OptionTrade offers traders their OT Trader, which is modeled after another successful trading broker called HotForex. OT Trader is a sophisticated binary trading platform built based on the experiences of the platform provider.

You can trade with ease using OptionTrade’s cutting-edge OT Trader platform. Traders can trade in more than 200 assets in 20 markets. You can manage multiple accounts in the myOptionTrade client area as well as trade on-the-go from any device. Minimum trade amount starts at $5.

The trading platform offers sophisticated trading tools and fast execution of trades. The platform is Web-based, therefore there is no need for downloads. It offers a user-friendly interface and is easy to use. The platform is integrated with all leading payment methods.

Assets

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

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, Chinese, Italian, Arabic
Customer Service Hours: OptionTrade provides 24-hour customer support.
Place Trades Over the Phone?: No

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

OptionTrade offers three types of trading accounts:

Standard Account – Minimum deposit of $200

  • Cash match bonus
  • Payout up to 83%     
  • Free demo account   
  • 80+ assets
  • Convenient account funding options  
  • Quick and easy withdrawals   
  • User-friendly interface
  • Trading instruments: Forex, Indices, Commodities, Share CFDs
  • Multiple accounts, one login  
  • 24/5 multilingual support        
  • Mobile trading
  • Client protection insurance     
  • Real-time statistical reports    
  • Binary options educational resources

Premium  Account – Minimum deposit of $1000

  • Cash match bonus
  • Payout up to 85%     
  • Free demo account   
  • 120+ assets
  • Convenient account funding options  
  • Quick and easy withdrawals   
  • User-friendly interface
  • Trading instruments: Forex, Indices, Commodities, Share CFDs
  • Multiple accounts, one login  
  • 24/5 multilingual support        
  • Mobile trading
  • Client protection insurance     
  • Real-time statistical reports    
  • Binary options educational resources

VIP Account – Minimum deposit of $5000

  • Personal account manager
  • Cash match bonus
  • Payout up to 88%     
  • Free demo account   
  • 180+ assets
  • Convenient account funding options  
  • Quick and easy withdrawals   
  • User-friendly interface
  • Trading instruments: Forex, Indices, Commodities, Share CFDs
  • Multiple accounts, one login  
  • 24/5 multilingual support        
  • Mobile trading
  • Client protection insurance     
  • Real-time statistical reports    
  • Binary options educational resources

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: OT Trader
Platform Languages: English, Spanish, German, French, Russian, Chinese, Italian, Arabic, Swedish
OS Compatibility: Mac OS, Windows
Streaming News Feed: Yes
Email Alerts: No
Mobile Alerts: No

Trade Types

10Trade offers the following trade types:

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

Trading choices at OptionTrade include the usual trading types such as:

  • 60 Seconds
  • Classic Binary Option
  • Long Term
  • One Touch
  • Pairs
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Payout ratios

10trade offers returns of up to 90%.

Payout ratios offered by OptionTrade are available for up to 88%.

Email

support@10trade.com support@optiontrade.com

Phone

+35-777-788-035 +357-24-020054

Located In

Nicosia, Cyprus Cyprus

Comission

No
No

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

Place Trades Over Phone

No
No

Payouts Percentage

90%

88%

Deposit Options

Credit Card, Debit Card, Bank Wire Transfer Webmoney, Credit Card, Bank Wire Transfer, Neteller

Withdrawal Options:

Credit Card, Debit Card, Bank Wire Transfer Webmoney, Credit Card, Bank Wire Transfer, Neteller
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Please pay attention to the fact that even though both 10trade and OptionTrade may offer an excellent range of features every software could be aimed at a different business size. If you are studying different apps you should give some attention to a business type they are meant for. Certain elements could scale up efficiently for huge enterprises but if you own a small or medium company it’s often better to refrain paying for advanced functionalities that you might never have a chance to use.