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Compare Redwood Options vs. 10trade

Getting the most appropriate binary option trading srevice for your company is hard with various functions, choices, and offers to take note of. But, using our website will allow you to streamline the selection steps by showing all major brokers in one location. As an illustration, you can contrast 10trade and Redwood Options for their features and overall scores, in this case, 7.4 and 7.5, respectively. Likewise, you can check which broker has better general user satisfaction rating: 100% (10trade) and 99% (Redwood Options) to learn which solution is the better option. Don’t just pick the platform with the most attractive minimum deposit, but the one that has the best value.

Compare

Redwood Options

VS

10trade

VS

Score

Our Score

7.5 ?

Our Score

7.4 ?

Client Satisfaction

Client Satisfaction

99% ?

Client Satisfaction

100% ?

Minimum Deposit

$200

$200

Accepts US Clients

Yes
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Complete Review

Description

Redwood uses the SpotOption trading platform, a widely used and popular trading platform employed by the majority of online binary brokers due to its simplicity and effectiveness.

The platform is 100% web based, so software downloads are not required. You don’t need any previous trading experience as the platform has a user-friendly interface. You can make use of exclusive educational tools such as a free binary options e-book, live daily webinars, and video academy.

You can choose from a vast selection of assets to trade, including stocks, indices, commodities, and currencies. The platform’s trading modules are top of their class in the online trading market. This broker uses up to date and sophisticated technologies to ensure your security and satisfaction.

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.

Customer Service

EMAIL PHONE NO.
LIVE SUPPORT TRAINING
Customer Support Languages: English, Spanish, German, French, Russian, Japanese, Arabic, Swedish
Customer Service Hours: Redwood offers phone, email, and live chat support.
Place Trades Over the Phone?: No
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

Assets

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

Payouts Percentage

81%

90%

Phone

1-800-986-6750 +35-777-788-035

Payout ratios

Redwood Options offers payout up to 81%.

10trade offers returns of up to 90%.

Place Trades Over Phone

No
No
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Email

support@redwoodoptions.com support@10trade.com

Platform

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

Trade Types

Redwood offers the following trade types:

  • 60 Second Options
  • Classic Up/Down Binaries
  • One Touch Options
  • Option Builder

10Trade offers the following trade types:

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

Comission

No
No

Trading Accounts

Mini Trading Account – €500

  • 25% bonus
  • Starter webinars
  • Educational videos
  • Digital online e-book

Starter Trading Account – €1000

  • 30% bonus
  • Starter webinars
  • Educational videos
  • Digital online e-book
  • Market reviews via email

Silver Trading Account – €5000

  • 50% bonus
  • 1 risk free trade
  • Starter webinars
  • Educational videos
  • Digital online e-book
  • Market reviews via email
  • Account manager
  • 1 academy session
  • 1 VIP webinar

Gold Trading Account – €10,000

  • 75% bonus
  • 1 risk free trade
  • 3 guaranteed profit trades
  • Starter webinars
  • Educational videos
  • Digital online e-book
  • Market reviews via email
  • Account manager
  • 2 academy sessions
  • 1 VIP webinar
  • Optional tablet

Platinum Trading Account – €25,000

  • 100% bonus
  • 3 risk free trades
  • 5 guaranteed profit trades
  • Starter webinars
  • Educational videos
  • Digital online e-book
  • Market reviews via email
  • Account manager
  • 5 academy sessions
  • 2 VIP webinar
  • Optional tablet
  • Same day withdrawal approval

Pls note: Risk free trade is up to 50% of the deposit.

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

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

Located In

London, United Kingdom Nicosia, Cyprus

Withdrawal Options:

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

Deposit Options

Webmoney, Credit Card, Debit Card, Bank Wire Transfer Credit Card, Debit Card, Bank Wire Transfer
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In case you are still having doubts about which app will be best in your case it might be a good idea to analyze each service’s social metrics. Such metrics are frequently an indicator of how popular every product is and how large is its online presence. For instance 10trade Twitter profile has currently 0 followers. At the same time Redwood Options Twitter is followed by 0 users.