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Compare BinaryBook vs CherryTrade

What is better BinaryBook or CherryTrade?

Choosing the right binary option trading srevice for your organization is not that easy with various functions, options, and terms to take note of. However, using our website will make it possible for you to cut down the necessary steps by reading all major providers in a single location.

For instance, you can contrast BinaryBook and CherryTrade for their features and overall scores, in this case, 7.9 and 8.1, respectively. Furthermore, you can check which service has higher general user satisfaction rating: 50% (BinaryBook) and 100% (CherryTrade) to determine which service is the better choice. Don’t just pick the solution with the lowest minimum deposit, but the service that has the best value.

As of now, the top services in our Binary Options Brokers category are: OneTwoTrade, GTOptions, IQ Option.

SmartScore™

OUR SCORE 7.9

User Satisfaction

CUSTOMER EXPERIENCE 50%

Minimum Deposit

$250

Accepts US Clients

Yes

Comission

Yes

Place Trades Over Phone

No

Located In

United Kingdom

Trade Types

BinaryBook offers the following trade types:

  • Binary
  • Pairs
  • Long Term
  • Turbo
  • One Touch
  • Ladder
  • FX/CFD
  • Spot follow

Deposit Options

Credit Card, Debit Card, Bank Wire Transfer

Payout ratios

Average returns are around 80%. You can earn up to 500% with FX/CFD contracts.

Platform

Platform type: SpotOption

Platform Languages: English, Turkish, Arabic

OS Compatibility: Windows

Streaming News Feed: Yes

Email Alerts: Yes

Mobile Alerts: Yes

Trading Accounts

BinaryBook offers five types of trading accounts:

  • 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.

Payouts Percentage

85%

Withdrawal Options

Credit Card, Debit Card

Assets

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

Available Support

email

phone

live support

training

tickets

General Info

BinaryBook offers real-time trading across the globe – anytime, anywhere.

Company Email

support@binarybook.com

Contact No.

SmartScore™

OUR SCORE 8.1

User Satisfaction

CUSTOMER EXPERIENCE 100%

Minimum Deposit

$200

Accepts US Clients

No

Comission

No

Place Trades Over Phone

Yes

Located In

Gibraltar, European Union

Trade Types

CherryTrade offers the following trade types:

  • High/Low
  • Pairs
  • Long Term
  • 60 Seconds
  • One Touch
  • Ladder

Deposit Options

Credit Card, Debit Card, Bank Wire Transfer, CashU, Skrill

Payout ratios

CherryTrade offers payout up to 85%.

Platform

Platform type: SpotOption

Platform Languages: English, Spanish, German, French, Russian, Chinese, Japanese, Italian

OS Compatibility: Mac OS, iOS, Windows, Android

Streaming News Feed: Yes

Email Alerts: No

Mobile Alerts: Yes

Trading Accounts

CherryTrade offers five types of accounts:

Classic Account – Deposit 200+

  • 20% welcome bonus
  • Junior broker
  • Level 1 education center

Pro Account – Deposit 2,500+

  • 35% welcome bonus
  • Executive broker
  • 1-on-1 basic training – 1 hour
  • Level 1+2 education center
  • General trading signals

Gold Account – Deposit 6,500+

  • 70% welcome bonus
  • Executive broker
  • Risk free trades x3
  • 1-on-1 advanced training – 3 hours
  • Level 1-3 education center
  • General trading signals

VIP Account – Deposit 50,000+

  • 50% welcome bonus
  • Executive broker + analyst
  • Risk free trades x5
  • 1-on-1 analyst sessions – 7 hours
  • Level 1-4 education center
  • Personalized trading signals

Corporate Account – Deposit 100,000+

  • 30% welcome bonus
  • Executive broker + analyst
  • Risk free trades x10
  • 1-on-1 analyst sessions – Unlimited
  • Full education center
  • Personalized trading signals

Payouts Percentage

85%

Withdrawal Options

Credit Card, Debit Card, Bank Wire Transfer, CashU, Skrill

Assets

Forex, Indices, Stocks, Commodities

Available Support

email

phone

live support

training

tickets

General Info

CherryTrade is one of the leading binary options brokers in the industry with a high payout of 85%.

Company Email

support@cherrytrade.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

Gibraltar, European Union

Trade Types

CherryTrade offers the following trade types:

  • High/Low
  • Pairs
  • Long Term
  • 60 Seconds
  • One Touch
  • Ladder

Deposit Options

Credit Card, Debit Card, Bank Wire Transfer, CashU, Skrill

Payout ratios

CherryTrade offers payout up to 85%.

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

CherryTrade offers five types of accounts:

Classic Account – Deposit 200+

  • 20% welcome bonus
  • Junior broker
  • Level 1 education center

Pro Account – Deposit 2,500+

  • 35% welcome bonus
  • Executive broker
  • 1-on-1 basic training – 1 hour
  • Level 1+2 education center
  • General trading signals

Gold Account – Deposit 6,500+

  • 70% welcome bonus
  • Executive broker
  • Risk free trades x3
  • 1-on-1 advanced training – 3 hours
  • Level 1-3 education center
  • General trading signals

VIP Account – Deposit 50,000+

  • 50% welcome bonus
  • Executive broker + analyst
  • Risk free trades x5
  • 1-on-1 analyst sessions – 7 hours
  • Level 1-4 education center
  • Personalized trading signals

Corporate Account – Deposit 100,000+

  • 30% welcome bonus
  • Executive broker + analyst
  • Risk free trades x10
  • 1-on-1 analyst sessions – Unlimited
  • Full education center
  • Personalized trading signals

Payouts Percentage

85%

Withdrawal Options

Credit Card, Debit Card, Bank Wire Transfer, CashU, Skrill

Assets

Forex, 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.

Almost as crucial as features and client support level are pricing packages given by BinaryBook and CherryTrade. Although price should not be a deciding aspect it’s without a doubt a significant thing to think about. You should count on a flexible pricing package that can be adjusted to your company size and effortlessly scaled up every time your company grows. Make sure you don’t choose plans that include additional features that you won’t find a use for and always try to contact with the vendor directly because big companies can usually benefit from discounts. You should also try out a free trial or demo of every service to spend at least some time using it. It’s a valuable experience that doesn’t need you to spend any money and gives you a solid overview of what it feels like to work with BinaryBook and CherryTrade.

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