Choosing the right binary option trading srevice for your company is hard with various functions, options, and terms to take note of. On the other hand, using our review directory will help you to streamline the selection process by getting all key brokers in a single place.
For example, you can contrast 99Binary and Quotex for their functions and overall scores, in this case, 7.8 and 8.0, respectively. Furthermore, you can check which provider has better general user satisfaction rating: 100% (99Binary) and 97% (Quotex) to determine which solution is the better choice. Don’t just choose the platform with the most attractive minimum deposit, but the platform that offers the best value for your money.
We know that not all businesses have the time to scrutinize a wide range of various solutions, so we came up with a list of suggestions that you may find useful. Our top choices for the Binary Options Brokers category are: IQ Option, GTOptions, Nadex.
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.
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
Payouts Percentage
86%
Withdrawal Options
MoneyGram, Credit Card, Debit Card, Bank Wire Transfer
Also, it has a “double-up” feature where you can place a new trade similar to the position of your initial trade but at the new current price point. It has the same cost to enter with the same expiry time as your initial trade but it’s under the current price.
Payout ratios vary for every asset of its type. For instance, payouts for different currency pairs in forex can vary from 36% to 88%. Moreover, payout percentages can also differ depending on the length of the trade contract. More often, the payouts of five-minute trades and up are higher than those in a shorter timeframe. Payout percentages are pinned on every trading asset with an unmistakable dark orange color.
Quotex members have essentially two types of trading accounts under one name. One is for demo trades and the other one is for live trading. You can access them both in a single session. This allows traders to simulate actions in current conditions before jumping in with live trades. Like other binary options platforms, registration is free and so is the demo account. Once new users get the hang of binary trading on the Quotex platform, they can deposit funds for live trading. Also, users can deposit and withdraw funds via bank transfers, epayment solutions, and even cryptocurrency, including Bitcoin, Bitcoin Cash, Dogecoin, Ethereum, and Coinbase. Also, it supports Visa/Mastercard transactions.
Demo Account
Registration: Free
Virtual Currency: $10,000
Transaction Information
Minimum Deposit: $10
Minimum Dollar Withdrawal: $10
Minimum Bitcoin Withdrawal: $50
Withdrawal Time: 1-5 working days
No Transaction Fees (third-party solutions may do)
Quotex works hard to make payments on the same day the withdrawal transaction has been made. Also, depending on the value of transactions, verification may be required. Most of the time, however, no extra verification is needed. Lastly, there is no indication of a minimum maintenance balance.
Payouts Percentage
Variable
Withdrawal Options
Credit Card, Debit Card, Bank Wire Transfer
Assets
Forex, Metals, Oil, Gold, Indices, Commodities
Available Support
email
phone
live support
training
tickets
General Info
Provides users with a hassle-free binary trading options platform that is not only easy to use but also has advanced technical analysis solutions including customizable trend indicators and charts.
Every time you compare different Binary Options Brokers apps you shouldn’t just study their features list and available pricing packages. Consider that the app should be meeting your work processes and business so the more flexible their offer the better. Explore which platforms are supported by 99Binary and Quotex and be certain you will obtain mobile support for whatever devices you use in your company. It may also be a good idea to examine which languages and geographies are supported, because this might be a deal breaker for many businesses.
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