Selecting the best binary option trading srevice for your company is difficult with various functions, choices, and offers to check. On the other hand, relying on our review directory will allow you to streamline the necessary steps by getting all main brokers in one location.
As an illustration, you can match BigOption and CloseOption for their functions and overall scores, namely, 8.0 and 8.5, respectively. Similarly, you can see which service has higher general user satisfaction rating: 89% (BigOption) and 97% (CloseOption) to learn which solution is the better choice. Don’t simply pick the service with the lowest minimum deposit, but the solution that offers the most cost-effective value.
Currently, the leading products in our Binary Options Brokers category are: GTOptions, Nadex, IQ Option.
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%.
There are three account types available to a user once they sign up. These are the Demo, Real, and Contest accounts.
Demo. Like other binary options platforms, CloseOption provides users a demo account to try out the platform and test their strategies without any financial commitment. It provides users with real-time data to base their risk-free trades while only using virtual money.
Real. This is a live account where users can deposit real currency. There are three balances available: a Wallet for storing money, Real Account Balance for traditional currencies, and a Crypto Balance for Cryptocurrencies.
Contest. This is the account that CloseOption traders use to join weekly trading contests. Initially, the broker offers a virtual balance that users can use for competitive trading to win cash prizes.
Payouts Percentage
Up to 80%
Withdrawal Options
Webmoney, PayPal, Credit Card, Debit Card, Bank Wire Transfer
Assets
Forex
Available Support
email
phone
live support
training
tickets
General Info
A binary options broker that provides intuitive currency-pair trading options instruments and a trading platform simple enough for novice traders. CloseOption has been recognized with our Rising Star Award for 2021.
Both BigOption and CloseOption were evaluated by a panel of independent B2B experts who carried out a detailed study of all core aspects of each service. Their total score was calculated by means of unique SmartScore algorithm that provides an individual partial score to every component such as: main functionalities, customer support, mobile device support, security, client satisfaction as well as media presence. We are aware that useful features are not the only aspect crucial to a company so we make sure we pay attention to all facets of a solution prior to giving it a final score.
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