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Comparison CherryTrade vs. 24bulls

Selecting the most appropriate binary option trading srevice for your business is difficult with a lot of features, options, and offers to take note of. But, relying on our website will allow you to simplify the selection process by showing all major services in a single location. As an illustration, you can compare 24bulls and CherryTrade for their tools and overall scores, in this case, 7.9 and 8.1, respectively. Furthermore, you can check which broker has superior general user satisfaction rating: 100% (24bulls) and 100% (CherryTrade) to find out which service is better. Don’t simply pick the solution with the lowest minimum deposit, but the solution that offers the most cost-effective value.

Comparison

CherryTrade

VS

24bulls

VS

Total Score

Our Score

8.1 ?

Our Score

7.9 ?

Client Experience

Client Experience

100% ?

Client Experience

100% ?

Minimum Deposit

$200

$250

Accepts US Clients

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Complete Review

Description

CherryTrade uses the SpotOption trading platform. A popular trading platform option among binary brokers, SpotOption flaunts a relatively easy to use interface and is loaded with basic and advanced features that novice traders will be able to learn to use in no time. SpotOption is now available for mobile devices, specifically Android and Apple iOS smartphones and tablets.

The platform is 100% web-based which means you don’t have to download any software. It can be accessed anywhere in the world. You can quickly access all your transactions – deposits, withdrawals, and trading portfolio – in the ‘My Account’ section. The maximum amount you can invest per individual trade is $5000.

24bulls uses a trading platform powered by TradeSmarter. There is no download required as the platform is 100% web-based. It can be easily accessed on any personal computer, smartphone, or tablet.

Reuters provides all market data and you can see the calculations of the expiration prices from the asset index. To view your transactions history, you need to click on the My Trades tab in the platform and then click on My Transactions.

You can trade on a wide variety of financial assets. This gives a number of benefits, including portfolio diversification and the flexibility to capitalize on fast moving market opportunities. The platform provides something to trade even when market volatility is low.

Payout ratios

CherryTrade offers payout up to 85%.

24bulls offers returns of up to 85%.

Place Trades Over Phone

Yes
No

Located In

Gibraltar, European Union Cyprus

Email

support@cherrytrade.com support@24bulls.com

Trade Types

CherryTrade offers the following trade types:

  • High/Low
  • Pairs
  • Long Term
  • 60 Seconds
  • One Touch
  • Ladder

24bulls offers three trade types:

  • 60 Seconds
  • Options Builder
  • High/Low
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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: No
Mobile Alerts: Yes
Platform type: TradeSmarter
Platform Languages: English, Spanish, French, Russian, Chinese, Italian, Turkish, Arabic, Dutch, Swedish
OS Compatibility: Mac OS, Windows
Streaming News Feed: No
Email Alerts: No
Mobile Alerts: Yes

Trading Accounts

CherryTrade offers five types of accounts:

Classic Account – Deposit 200+

  • 20% welcome bonus
  • Junior broker
  • Level 1 education center

Pro Account – Deposit 2,500+

  • 35% welcome bonus
  • Executive broker
  • 1-on-1 basic training – 1 hour
  • Level 1+2 education center
  • General trading signals

Gold Account – Deposit 6,500+

  • 70% welcome bonus
  • Executive broker
  • Risk free trades x3
  • 1-on-1 advanced training – 3 hours
  • Level 1-3 education center
  • General trading signals

VIP Account – Deposit 50,000+

  • 50% welcome bonus
  • Executive broker + analyst
  • Risk free trades x5
  • 1-on-1 analyst sessions – 7 hours
  • Level 1-4 education center
  • Personalized trading signals

Corporate Account – Deposit 100,000+

  • 30% welcome bonus
  • Executive broker + analyst
  • Risk free trades x10
  • 1-on-1 analyst sessions – Unlimited
  • Full education center
  • Personalized trading signals

24bulls offers the following types of trading accounts:

Starter Basic Account – $250 to $499

  • Daily market updates by email
  • Access to full range of FX currency pairs, stocks, and commodities
  • Online execution of trades

Starter Plus Account – $500 to $999

  • Daily market updates by email
  • Binary options on over 90 trading instruments in 4 major asset classes
  • Live tutorials and webinar invitations
  • Personal account manager
  • Free training & support
  • Online execution of trades
  • 24/6 live chat support

Standard Account – $1000 to $2,499

  • Daily market updates by email and phone
  • Daily access to our analyst desk and dealing room
  • Binary options on over 90 trading instruments in 4 major asset classes
  • Live tutorials and webinar invitations
  • Personal account executive
  • Higher ongoing bonus offers
  • Free training & support
  • Online execution of trades
  • 24/6 live chat support

Premium Account – $2,500 to $5,000

  • Daily market updates by email and phone
  • Daily access to our analyst desk and dealing room
  • Binary options on over 90 trading instruments in 4 major asset classes
  • Live tutorials and webinar invitations
  • Personal account executive
  • Exclusive promotions and bonus offers
  • Free training & support
  • Online execution of trades
  • 24/6 live chat support

Islamic Account

24bulls offers an Islamic account for Muslim clients with all the benefits of the Standard and Premium packages, including support from a Personal Account Manager trained in cultural aspects and restrictions related to Islamic accounts.

Deposit Options

Credit Card, Debit Card, Bank Wire Transfer, CashU, Skrill Credit Card, Debit Card, Bank Wire Transfer, CashU, Skrill

Assets

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

Phone

917-775-0324 +357-2223-2295

Withdrawal Options:

Credit Card, Debit Card, Bank Wire Transfer, CashU, Skrill Credit Card, Debit Card, Bank Wire Transfer, CashU, Skrill

Comission

No
Yes

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

Payouts Percentage

85%

85%

Customer Service

EMAIL PHONE NO.
LIVE SUPPORT TRAINING
Customer Support Languages: English, Spanish, German, French, Chinese, Japanese, Italian, Arabic, Dutch, Swedish
Customer Service Hours: CherryTrade provides 24/7 customer support.
Place Trades Over the Phone?: Yes
EMAIL PHONE NO.
LIVE SUPPORT TRAINING
Customer Support Languages: English, Spanish, French, Arabic
Customer Service Hours: Customer support is available Monday to Friday from 6:30 to 17:00 GMT. During off market hours you can reach them by live chat or email.
Place Trades Over the Phone?: No
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All the data, facts and statistics that we provided in this comparison were collected from official vendor websites, advertising content available online, actual experience from real users as well as our own hands-on use of every service by an expert. We do our best to comprehensively analyze every solution, so we not only test it internally, but we also compare our observations with experiences of other people from the SaaS community.