Selecting the most appropriate binary option trading srevice for your organization is hard with too much features, choices, and offers to check. However, using our review directory will allow you to cut down the selection steps by reading all key services in a single location.
For example, you can contrast BinaryBook and CloseOption for their tools and overall scores, namely, 7.9 and 8.5, respectively. Likewise, you can compare which service has better general user satisfaction rating: 50% (BinaryBook) and 97% (CloseOption) to learn which one is the better choice. Don’t simply start using the solution with the lowest minimum deposit, but the one that gives the best value.
We realize that not all companies have enough time to examine dozens of various solutions, so we prepared a list of suggestions that you may find useful. Our top choices for the Binary Options Brokers category are: Nadex, GTOptions, IQ Option.
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.
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 BinaryBook and CloseOption were reviewed by a team of reliable SaaS experts who prepared a full examination of all crucial aspects of every software. Their ultimate rating was calculated using our unique SmartScore system that provides a separate partial score to each component like: main functionalities, customer support, mobile device support, security, customer satisfaction as well as market presence. Here at FinancesOnline we realize useful features are not the only aspect essential to a business so we do our best to pay attention to all facets of a solution before coming up with its final score.
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