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Software 99Binary vs. Magnum Options

Choosing the right binary option trading srevice for your organization is difficult with too much features, options, and terms to choose from. However, relying on our review platform will help you to streamline the necessary steps by getting all main services in one location. For example, you can match 99Binary and Magnum Options for their tools and overall scores, in this case, 7.8 and 8.0, respectively. Furthermore, you can see which provider has better general user satisfaction rating: 100% (99Binary) and 96% (Magnum Options) to learn which one is better. Don’t just pick the solution with the lowest minimum deposit, but the solution that gives the best value.

Software

99Binary

VS

Magnum Options

VS

Score

Our Score

7.8 ?

Our Score

8.0 ?

Customer Experience

Customer Experience

100% ?

Customer Experience

96% ?

Minimum Deposit

$250

$200

Accepts US Clients

Yes
Yes
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Detailed Review

Description

99Binary adopts a really reliable HTML5-based trading platform. The platform itself is designed as an intuitive window that displays information on the most recent successful trades of other traders and offers you a way to profit right away should you decide to copy those trades to your account. Recently closed trades of other clients are showed conveniently in this window so if you simply select the “copy” feature you will open an automatic trade allowing you place the same trade on your own account. This is an excellent method to optimize profits with limited risk. This feature is really straightforward to use and will work just fine if you need a quick trade.

Magnum Options is using the SpotOption trading platform, which is one of the most popular trading platforms for binary options due to its ease of use and flexibility. It is so easy that even rookie traders won’t find themselves having difficulties browsing and performing trade features and processes with SpotOption.

Email

info@99binary.com support@magnumoptions.com

Platform

Platform type: HTML5
Platform Languages: English, German, Russian, Arabic
OS Compatibility: Mac OS, Windows
Streaming News Feed: Yes
Email Alerts: No
Mobile Alerts: No
Platform type: SpotOption
Platform Languages: Italian
OS Compatibility: iOS, Windows
Streaming News Feed: Yes
Email Alerts: No
Mobile Alerts: No

Phone

(+44) 20380 70176 1-855-217-4642

Deposit Options

Webmoney, Credit Card, Debit Card, Bank Wire Transfer, CashU, Banklink, EUTeller Credit Card, Debit Card, Bank Wire Transfer, CashU

Customer Service

EMAIL PHONE NO.
LIVE SUPPORT
Customer Support Languages: English, German, Russian, Arabic
Customer Service Hours: 99Binary is a broker with full 24h/7 customer service available for all traders.
Place Trades Over the Phone?: No
EMAIL PHONE NO.
LIVE SUPPORT
Customer Support Languages: English, Italian
Customer Service Hours:
Place Trades Over the Phone?: No

Located In

Anguilla British Anguilla
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Trade Types

99Binary offers their users a selection of four typical trading types they can make part of their strategy. Having such a wide choice is definitely an important element of an efficient strategy and portfolio. 99Binary offers the following four trade types:

  • High/Low: will the asset priced above or below a set price.
  • One Touch: will the asset reach a specified price. 
  • Range: will the asset trade within a selected price range.
  • Hyper: quick trading within a 60 second time frame.

Magnum Option offers the following trade types:

  • Classic Binary Options
  • One Touch Options
  • Option Builder
  • 60 Second Options
  • Option Pro

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

Place Trades Over Phone

No
No

Withdrawal Options:

MoneyGram, Credit Card, Debit Card, Bank Wire Transfer Credit Card, Debit Card

Comission

No
No

Trading Accounts

Trading accounts provided by 99Binary are very versatile and both experienced and fresh traders can find an account suitable for their needs. 99Binary offers four account types:

Starter: from $250

  • Includes a welcome bonus
  • Full 24/7 customer support provided
  • Trading with more than 99 asset types
  • 30% additional bonus
  • You can benefit from monthly promotions

Pro: from $500

  • Includes a welcome bonus
  • Full 24/7 customer support provided
  • Trading with more than 99 asset types
  • 50% additional bonus
  • You can benefit from monthly promotions
  • You get 5 risk-free trades
  • You become a member of 99B Club
  • You gain access to a personal account manager

Premium: from $4,999

  • Includes a welcome bonus
  • Full 24/7 customer support provided
  • Trading with more than 99 asset types
  • 75% additional bonus
  • You can benefit from monthly promotions
  • You get 5 risk-free trades
  • You become a member of 99B Club
  • You gain access to a personal account manager
  • Same day withdrawals are possible
  • You benefit from tailor-made promotions

Platinum: from $20,000

  • Includes a welcome bonus
  • Full 24/7 customer support provided
  • Trading with more than 99 asset types
  • 50% additional bonus
  • You can benefit from monthly promotions
  • You get 5 risk-free trades
  • You become a member of 99B Club
  • You gain access to a personal account manager
  • Same day withdrawals are possible
  • You benefit from tailor-made promotions
  • Tailor-made trading strategies are offered
  • Special gifts

Magnum Options offers the folllowing trading accounts:

  • Standard Account
  • Premium Account
  • Executive Account
  • Magnum Elite

Assets

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

Payout ratios

99Binary offers returns of up to 86% on Standard & 60-Seconds, and up to 350% on One Touch.

75%

Payouts Percentage

86%

85%

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Software Comparison

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No Binary Options Brokers will be able to solve all the requirements of a specific team. Though key functionalities of 99Binary and Magnum Options should matter you should also thoroughly explore the integrations supported by a given software. In many cases you will already be working with some other B2B software in your company and it’s always better to choose solutions that integrate well with one another. If you do that you will be able to be certain of a smooth exchange of data between your teams and software used, which can significantly reduce time devoted to migrating between one service and the other.