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Compare OptionBit vs. 24bulls

Selecting the right binary option trading srevice for your business is difficult with a lot of functions, options, and terms to check. However, relying on our review platform will allow you to simplify the necessary steps by showing all crucial providers in one place. For example, you can compare 24bulls and OptionBit for their functions and overall scores, namely, 7.9 and 8.0, respectively. Furthermore, you can see which service has higher general user satisfaction rating: 100% (24bulls) and 100% (OptionBit) to learn which solution is better. Don’t just start using the platform with the most attractive minimum deposit, but the one that gives the most cost-effective value.

Compare

OptionBit

VS

24bulls

VS

Total Score

Our Score

8.0 ?

Our Score

7.9 ?

Customer Experience

Customer Experience

100% ?

Customer Experience

100% ?

Minimum Deposit

$200

$250

Accepts US Clients

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Detailed Review

Description

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.

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.

Comission

No
Yes

Withdrawal Options:

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

Payout ratios

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

24bulls offers returns of up to 85%.

Trade Types

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.

24bulls offers three trade types:

  • 60 Seconds
  • Options Builder
  • High/Low

Located In

Cyprus Cyprus
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Assets

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

Platform

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
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

Customer Service

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
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

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

Deposit Options

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

Phone

0044 (0) 203 150 0934 +357-2223-2295

Trading Accounts

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

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.

Place Trades Over Phone

No
No

Payouts Percentage

81%

85%

Email

support@optionbit.com support@24bulls.com
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You should keep in mind that while both 24bulls and OptionBit may have a reliable array of features every software may be aimed at a different company size. If you are studying different apps you may want to give some attention to a business size they are catering to. Certain functionalities may scale up well for large enterprises but if you have a small or mid-sized business it’s often better to refrain paying for complex functionalities that you may never have a chance to use.