Getting the best binary option trading srevice for your company is difficult with a lot of features, choices, and terms to consider. But, depending on our review directory will allow you to simplify the necessary steps by showing all key providers in one location.
For instance, you can contrast BigOption and Quotex for their functions and overall scores, namely, 8.0 and 8.0, respectively. Similarly, you can check which provider has higher general user satisfaction rating: 89% (BigOption) and 97% (Quotex) to find out which solution is the better choice. Don’t simply pick the service with the most attractive minimum deposit, but the solution that gives the best value.
We know that not all companies have enough time to test a wide range of various services, so we prepared a list of suggestions that you may find useful. Our top selections for the 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%.
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.
Almost as essential as features and user support level are pricing options offered by BigOption and Quotex. Although pricing should not be a deciding aspect it’s surely an important thing to consider. You should try to find a flexible pricing package that can be adjusted to your company size and effortlessly scaled up every time your company expands. You should be certain you don’t select packages that have advanced tools that you won’t find useful and always make an effort to get in touch with the vendor directly as enterprises can frequently count on special pricing. You should also give a chance to a free trial or demo of every app to spend at least some time working with it. It’s a helpful experience that doesn’t require you to pay any money and gives you a practical overview of what it’s like to work with BigOption and Quotex.
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