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Compare Redwood Options vs. BKTrading

Getting the most appropriate binary option trading srevice for your company is hard with so many features, options, and terms to consider. On the other hand, depending on our review platform will help you to cut down the selection process by showing all crucial providers in a single place. As an illustration, you can contrast BKTrading and Redwood Options for their features and overall scores, in this case, 7.7 and 7.5, respectively. Furthermore, you can compare which broker has superior general user satisfaction rating: 100% (BKTrading) and 99% (Redwood Options) to learn which one is the better option. Don’t just start using the platform with the lowest minimum deposit, but the solution that offers the most cost-effective value.

Compare

Redwood Options

VS

BKTrading

VS

Score

Our Score

7.5 ?

Our Score

7.7 ?

Customer Experience

Customer Experience

99% ?

Customer Experience

100% ?

Minimum Deposit

$200

$10

Accepts US Clients

Yes
Yes
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Detailed Review

Description

Redwood uses the SpotOption trading platform, a widely used and popular trading platform employed by the majority of online binary brokers due to its simplicity and effectiveness.

The platform is 100% web based, so software downloads are not required. You don’t need any previous trading experience as the platform has a user-friendly interface. You can make use of exclusive educational tools such as a free binary options e-book, live daily webinars, and video academy.

You can choose from a vast selection of assets to trade, including stocks, indices, commodities, and currencies. The platform’s trading modules are top of their class in the online trading market. This broker uses up to date and sophisticated technologies to ensure your security and satisfaction.

BKTrading uses the latest version of the SpotOption trading platform to make it easy for their clients to engage in trades and achieve significant success. Because it is easy to use and loaded with essential and advanced trading tools, SpotOption has become the most popular trading platform for many binary options brokers. SpotOption now has mobile versions compatible with Android and iOS devices.

You need not install any software as BKTrading is a web-based trading platform. Simply log in to your account and trade on any device with an internet connection. You can view all your deposits, withdrawals, and portfolio history in the My Account section.

The homepage of the trading platform contains the Asset Index which provides a detailed list of all the available assets, their description, expiry times, symbol, and trading hours.

Customer Service

EMAIL PHONE NO.
LIVE SUPPORT TRAINING
Customer Support Languages: English, Spanish, German, French, Russian, Japanese, Arabic, Swedish
Customer Service Hours: Redwood offers phone, email, and live chat support.
Place Trades Over the Phone?: No
EMAIL PHONE NO.
LIVE SUPPORT TRAINING
Customer Support Languages: English, Russian, Arabic
Customer Service Hours: BKTrading provides 24/7 customer support.
Place Trades Over the Phone?: No

Trading Accounts

Mini Trading Account – €500

  • 25% bonus
  • Starter webinars
  • Educational videos
  • Digital online e-book

Starter Trading Account – €1000

  • 30% bonus
  • Starter webinars
  • Educational videos
  • Digital online e-book
  • Market reviews via email

Silver Trading Account – €5000

  • 50% bonus
  • 1 risk free trade
  • Starter webinars
  • Educational videos
  • Digital online e-book
  • Market reviews via email
  • Account manager
  • 1 academy session
  • 1 VIP webinar

Gold Trading Account – €10,000

  • 75% bonus
  • 1 risk free trade
  • 3 guaranteed profit trades
  • Starter webinars
  • Educational videos
  • Digital online e-book
  • Market reviews via email
  • Account manager
  • 2 academy sessions
  • 1 VIP webinar
  • Optional tablet

Platinum Trading Account – €25,000

  • 100% bonus
  • 3 risk free trades
  • 5 guaranteed profit trades
  • Starter webinars
  • Educational videos
  • Digital online e-book
  • Market reviews via email
  • Account manager
  • 5 academy sessions
  • 2 VIP webinar
  • Optional tablet
  • Same day withdrawal approval

Pls note: Risk free trade is up to 50% of the deposit.

BKTrading offers the following trading accounts:

Basic Account: minimum investment of $10

  • Chat and telephone support

Standard Account: minimum investment of $1000

  • All Basic account features
  • Quick withdrawals
  • AutoTrading tools

Trader Account: minimum investment of $10,000

  • All Standard account features
  • One to One
  • Exclusive account executive
  • Market signals

VIP Account: minimum investment of $50,000

  • All Trader account features
  • Investment consultant
  • Exclusive market analyst
  • 3% extra ROI on every operation
  • Immediate withdrawals
  • SMS market signals

Email

support@redwoodoptions.com support@bktrading.com

Payout ratios

Redwood Options offers payout up to 81%.

The average payout ratio offered by this broker is 85%.

Bonuses & Rewards

No Deposit Bonus: No
Bonus for First Deposit: No
Is the Bonus Based on the Volume of the Transaction?: No
Other Bonuses: No
No Deposit Bonus: No
Bonus for First Deposit: No
Is the Bonus Based on the Volume of the Transaction?: No
Other Bonuses: No
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Comission

No
No

Trade Types

Redwood offers the following trade types:

  • 60 Second Options
  • Classic Up/Down Binaries
  • One Touch Options
  • Option Builder

BKTrading offers the following trade types:

  • High / Low
  • One Touch
  • 60 Seconds
  • Long Term
  • Touch Options
  • Pair Options
  • Ladder Options
  • ProFollow

Platform

Platform type: SpotOption
Platform Languages: English, Spanish, German, French, Russian, Japanese, Italian, Arabic, Dutch, Swedish
OS Compatibility: Mac OS, iOS, Windows
Streaming News Feed: Yes
Email Alerts: Yes
Mobile Alerts: No
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: Yes
Mobile Alerts: No

Deposit Options

Webmoney, Credit Card, Debit Card, Bank Wire Transfer Credit Card, Debit Card

Phone

1-800-986-6750 +34 931 845838

Assets

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

Payouts Percentage

81%

85%

Place Trades Over Phone

No
No

Located In

London, United Kingdom Barcelona, Spain

Withdrawal Options:

Webmoney, Credit Card, Bank Wire Transfer Credit Card, Debit Card
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The solutions compared on this page are merely a small sample of our full Binary Options Brokers category and you should remember that there could be better solutions out there. If you want to make sure you make the wisest choice for your company we strongly urge you to test more solutions first. You may also want to check out our top 10 Binary Options Brokers ranking to learn which solutions are currently the highest-ranking ones and dominate the market.