Choosing the best binary option trading srevice for your business is hard with various features, options, and offers to take note of. However, using our review platform will help you to simplify the selection steps by getting all key brokers in one place.
As an illustration, you can match BigOption and BinaryBook for their tools and overall scores, in this case, 8.0 and 7.9, respectively. Furthermore, you can check which service has better general user satisfaction rating: 89% (BigOption) and 50% (BinaryBook) to find out which service is the better option. Don’t simply pick the solution with the lowest minimum deposit, but the solution that offers the best value.
At this time, the best products in our Binary Options Brokers category are: IQ Option, Nadex, GTOptions.
BigOption offers generous payout ratios of up to 85% for normal trading. If trades close out of the money, traders are still entitled to a 10% rebate. For higher returns, traders can use the one touch options trades which offer payouts up to 500%.
Micro Account ($250 to $$500): Ideal for newbies. Welcome bonus is 20%. You also get access to BinaryBook Academy.
Basic Account ($501 to $2500): For intermediate level traders. Welcome bonus is up to 50%. You get 1 risk-free trade and a personal account manager.
Gold Account ($2501 to $10,000): For experienced traders who wish to trade in high volume. Welcome bonus is up to 75%. You get 2 risk-free trades and up to two hours of trading sessions with an expert. You get 5 risk-free trades and from 5 to 10h of sessions with a trading expert.
Platinum Account ($10,001 to $50,000): This one is also for experienced traders who wish to trade in high volume. Welcome bonus is up to 10%.
VIP Account (Above $50,000): Offers personalized services to traders. Contact the broker directly to learn more about what the package inclues.
BinaryBook also provides an Islamic Trading account that is fully compliant with the Sharia law.
It may not always be sufficient to simply compare BigOption and BinaryBook against each other. Although reliable features, pricing plans and customer reviews are all crucial and should be included when making a final decision, you should also check out the recognition and awards claimed by each software. In many cases a less dominant solution may turn out to be a good choice that was distinguished with industry awards such as our Experts’ Choice Award which proves that despite lesser market presence it’s a significant rival to the services that rule the market.
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