Choosing the most appropriate binary option trading srevice for your company is difficult with too much functions, options, and offers to choose from. However, depending on our review directory will make it possible for you to streamline the necessary steps by showing all major providers in a single location.
For instance, you can match 365Trading and Nadex for their tools and overall scores, namely, 8.0 and 9.0, respectively. Furthermore, you can check which service has higher general user satisfaction rating: 100% (365Trading) and 98% (Nadex) to find out which one is the better choice. Don’t simply pick the platform with the most attractive minimum deposit, but the one that has the most cost-effective value.
As of now, the most popular solutions in our Binary Options Brokers category are: IQ Option, Nadex, GTOptions.
Nadex Members may maintain a Direct Trading Member Account. The Exchange does not charge a membership fee for a Direct Trading Member Account.
Direct Trading Members – No minimum initial deposit and no minimum balance required afterwards
Binary Option Contracts
Entry or exit before expiration – $1 trading fee per contract
Trade expiration (in-the-money) – $1 settlement fee per contract
Trade expiration (out-of-the-money) – No settlement fee
Call Spread and Knock-Out Contracts
Entry or exit before expiration – $1 trading fee per contract
Trade expiration – $1 settlement fee per contract**
**The platform does not charge a settlement fee that exceeds your total settlement payout for a position that you held up to expiration. For instance, if your position settles in-the-money at expiration and your settlement payout is only $0.50, Nadex will only charge you $0.50 instead of $1.00.
Transaction Information
Returned Deposit/Chargeback – $25
Wire Withdrawal – $25
ACH Withdrawal – Free
Account Setup – Free
Deposits – Free
Debit Card Withdrawal – Free
Dormant Accounts (no activity for 12 consecutive months): $10.00 per month
No account will become negative
A dormant account with a $0 balance may be terminated
The premier US exchange for binary options, knock-outs, and call spreads. Nadex offers its members access to flexible trades in top markets including forex, stock indices, and commodities. It has an intuitive trading platform and is regulated by the Commodity Futures Trading Commission (CFTC).
It may not always be sufficient to simply compare 365Trading and Nadex with one another. Although specific functionalities, pricing and customer comments are all crucial and should be included when making a final choice, you should also pay attention to the recognition and awards merited by each app. Frequently a less popular solution may turn out to be an amazing choice that was a winner of many industry awards such as our Experts’ Choice Award which proves that in spite of lesser market presence it’s a worthy contender to the services that dominate the market.
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