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Product OptionTrade vs. 24bulls

Getting the right binary option trading srevice for your business is complicated with various functions, options, and terms to check. But, relying on our review platform will make it possible for you to cut down the selection steps by showing all major brokers in one place. As an illustration, you can contrast 24bulls and OptionTrade for their features and overall scores, namely, 7.9 and 8.4, respectively. Likewise, you can see which service has better general user satisfaction rating: 100% (24bulls) and 100% (OptionTrade) to learn which service is the better choice. Don’t just choose the solution with the most attractive minimum deposit, but the platform that offers the most cost-effective value.

Product

OptionTrade

VS

24bulls

VS

Score

Our Score

8.4 ?

Our Score

7.9 ?

Customer Experience

Customer Experience

100% ?

Customer Experience

100% ?

Minimum Deposit

$200

$250

Accepts US Clients

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Complete Review

Description

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.

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.

Customer Service

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
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

Payouts Percentage

88%

85%

Email

support@optiontrade.com support@24bulls.com

Assets

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

Located In

Cyprus Cyprus

Place Trades Over Phone

No
No
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Payout ratios

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

24bulls offers returns of up to 85%.

Phone

+357-24-020054 +357-2223-2295

Trading Accounts

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

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.

Withdrawal Options:

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

Deposit Options

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

Comission

No
Yes

Trade Types

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

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

24bulls offers three trade types:

  • 60 Seconds
  • Options Builder
  • High/Low

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

Platform

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
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
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In case you continue having doubts about which product will perform best for your business it may be a good idea to take a look at each service’s social metrics. These metrics are usually a sign of how popular a given service is and how extensive is its online presence.For instance, if you analyze 24bulls LinkedIn page you’ll find out that they are followed by 0 people. In case of OptionTrade the number of followers on their LinkedIn page is 0.