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Compare BigOption vs HY Options

What is better BigOption or HY Options?

Getting the most appropriate binary option trading srevice for your organization is not that easy with so many features, options, and terms to choose from. However, depending on our website will help you to cut down the necessary steps by displaying all major brokers in one location.

For example, you can contrast BigOption and HY Options for their features and overall scores, namely, 8.0 and 8.0, respectively. Furthermore, you can compare which provider has superior general user satisfaction rating: 89% (BigOption) and 96% (HY Options) to determine which solution is the better choice. Don’t just choose the solution with the most attractive minimum deposit, but the one that gives the best value.

We know that not all businesses have enough time to scrutinize dozens of various services, so we came up with a list of suggestions that you may find useful. Our top selections for the Binary Options Brokers category are: IQ Option, GTOptions, OneTwoTrade.

SmartScore™

OUR SCORE 8.0

User Satisfaction

CUSTOMER EXPERIENCE 89%

Minimum Deposit

$250

Accepts US Clients

Yes

Comission

No

Place Trades Over Phone

No

Located In

United Kingdom

Trade Types

BigOption offers five types of trading contracts:

  • Classic Binaries: The most popular type where traders decide if prices will end up higher or lower than a predetermined strike level
  • Speed Options: Traders can select expiry times ranging from 30 seconds to 300 seconds
  • Long Term Options: Long options have longer expiry times of up to a year
  • One Touch Options: Trader has to decide if prices will reach a predetermined level before its expiration
  • Pairs Trading: Traders can pit two assets of the same asset class and see which does better or worse.

Deposit Options

Credit Card, Debit Card, Bank Wire Transfer, Neteller

Payout ratios

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%.

Platform

Platform type: SpotOption

Platform Languages: English, French, Turkish, Arabic

OS Compatibility: Mac OS, iOS, Windows

Streaming News Feed: Yes

Email Alerts: Yes

Mobile Alerts: No

Trading Accounts

BigOption offers five different types of trading accounts to suit different categories of traders:

Micro Account:

  • For novice traders with 20% welcome bonus. 
  • Starting deposit is $200-$250
  • Access to Daily Market Reviews
  • Access to BigOption Academy

Basic Account:

  • For more experienced traders with welcome bonus up to 50%.
  • Starting deposit is $501-$2500
  • Access to Daily Market Reviews
  • Access to BigOption Academy
  • 10 Risk Free Trades
  • Personal Account Manager

Gold Account:

  • For semi-professional traders who trade with sophisticated tools.
  • The welcome bonus is up to 75%.
  • Starting deposit is $2501-$10000
  • Exclusive Daily Market Review Email
  • Advanced Guide to Trading
  • 15 Risk-Free Trades
  • Up to 75% Welcome Bonus
  • Personal Account Manager
  • Gold Trading Signals up to 2 weeks (worth $199)
  • Additional bonuses on every deposit
  • Weekly One-on-One session with a trading expert
  • Auto Trading Robot

Platinum Account:

  • For professional traders with high trading volume.
  • Welcome bonus is 100%.
  • Starting deposit is $10001-$50000
  • Exclusive Daily Market Review Email
  • Advanced Guide to Trading
  • 20 Risk-Free Trades
  • Up to 100% Investment Bonus
  • Personal Account Manager
  • Platinum Trading Signals up to 2 months (worth $599)
  • Additional bonuses on every deposit
  • Daily One-on-One session with a trading expert
  • Advanced Auto Trading Robot

VIP Account:

  • For traders with specific trading needs. They can negotiate benefits with the account manager.
  • Starting deposit has to be above $50000

Payouts Percentage

500%

Withdrawal Options

Credit Card, Bank Wire Transfer, Neteller

Assets

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

Available Support

email

phone

live support

training

tickets

General Info

BigOption is a UK-based binary broker that uses the advanced SpotOption Gen 2 platform.

Company Email

support@bigoption.com

Contact No.

SmartScore™

OUR SCORE 8.0

User Satisfaction

CUSTOMER EXPERIENCE 96%

Minimum Deposit

$100

Accepts US Clients

No

Comission

No

Place Trades Over Phone

No

Located In

Cyprus

Trade Types

HY Options offers six trade types:

  • Pair Options
  • One Touch
  • Long Term
  • Ladder Options
  • Day Options (High/Low)
  • 60 Seconds

Deposit Options

Credit Card, Bank Wire Transfer

Payout ratios

Maximum return is 82% on the standard options. There is no rebate for losing trades.

Platform

Platform type: SpotOption

Platform Languages: English, Arabic

OS Compatibility: Mac OS, iOS, Windows, Android

Streaming News Feed: Yes

Email Alerts: Yes

Mobile Alerts: Yes

Trading Accounts

HY Options offers three types of trading accounts:

Silver Account

  • Minimum deposit is $100
  • Offers introductory training and an account manager
  • Web/Mobile platforms

Gold Account

  • Minimum deposit is $2500
  • Offers trading reports and signals, market reviews, and advanced training
  • 1 professional account manager is assigned to the account
  • Web/Mobile Platforms

VIP Account

  • Minimum deposit is $10,000
  • Deposit bonus is 50%
  • Includes trading signals, market reviews, and professional training
  • Specialist account manager is assigned to the account
  • Web/Mobile Platforms

Payouts Percentage

82%

Withdrawal Options

Credit Card, Bank Wire Transfer

Assets

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

Available Support

email

phone

live support

training

tickets

General Info

HY Options is a reliable binary options broker that offers an ingenious trading environment to traders.

Company Email

info@hyoptions.com

Contact No.

IQ Option

Partner

This product is our partner, which means they paid for being featured as one of the suggestions. Our team takes great care to ensure all sugested products are reliable, top-quality solutions.

SmartScore™

OUR SCORE 8.5

User Satisfaction

CUSTOMER EXPERIENCE 99%

Minimum Deposit

$10

Accepts US Clients

No

Comission

No

Place Trades Over Phone

No

Located In

Cyprus

Trade Types

HY Options offers six trade types:

  • Pair Options
  • One Touch
  • Long Term
  • Ladder Options
  • Day Options (High/Low)
  • 60 Seconds

Deposit Options

Credit Card, Bank Wire Transfer

Payout ratios

Maximum return is 82% on the standard options. There is no rebate for losing trades.

Platform

Platform type: In-house

Platform Languages: English, Spanish, Russian, Chinese, Arabic

OS Compatibility: Mac OS, Windows, Android

Streaming News Feed: No

Email Alerts: Yes

Mobile Alerts: Yes

Trading Accounts

HY Options offers three types of trading accounts:

Silver Account

  • Minimum deposit is $100
  • Offers introductory training and an account manager
  • Web/Mobile platforms

Gold Account

  • Minimum deposit is $2500
  • Offers trading reports and signals, market reviews, and advanced training
  • 1 professional account manager is assigned to the account
  • Web/Mobile Platforms

VIP Account

  • Minimum deposit is $10,000
  • Deposit bonus is 50%
  • Includes trading signals, market reviews, and professional training
  • Specialist account manager is assigned to the account
  • Web/Mobile Platforms

Payouts Percentage

82%

Withdrawal Options

Credit Card, Bank Wire Transfer

Assets

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

Available Support

email

phone

live support

training

tickets

General Info

IQ Option has used the latest technologies to create a trading platform that gives its clients an easy, smooth, and fun trading experience.

Company Email

support@iqoption.com

Contact No.

All the data, information and opinions that we presented in this analysis were collected from official company sites, promotional resources available online, real-life experience from real users as well as our personal everyday use of every software by a professional reviewer. We do our best to extensively test each app, so we not only examine it internally, but we also correlate our results with views of other people from the SaaS community.

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