Choosing the right binary option trading srevice for your business is difficult with too much features, choices, and offers to consider. On the other hand, depending on our review directory will help you to streamline the selection steps by displaying all major providers in a single place.
For instance, you can compare Bloombex and Option888 for their features and overall scores, namely, 7.6 and 7.5, respectively. Likewise, you can see which provider has higher general user satisfaction rating: 100% (Bloombex) and 100% (Option888) to learn which one is the better choice. Don’t just choose the service with the most attractive minimum deposit, but the one that has the best value.
We are aware that not all companies have the time to try out dozens of various products, 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, Nadex.
One Touch: gives you the opportunity to invest in an underlying asset which you think will exceed or reach a certain value even though it might shift from that value in the future. Once the predetermined value is reached you get paid. Trading one touch options is made possible only during weekends.
Sixty Seconds: for people in need of fast income, the SPOTFN platform enables you to ride the short term trend with 30, 60, and 120 second expires. All you have to do is to select the asset, choose investment amount, and decide if the price will rise of fall.
Pairs: is a trading option where you predict which of two assets will perform better than the other by expiry. This is based on comparison, and exclusively the relative performance counts.
Ladder: It allows you to make multiple predictions on the same asset, enabling a wider range of opportunities to profit from.
Average returns range between 75% and 85%. One touch trades offer much higher returns of up to 500%. You can get rebates of up to 10% for out of the money trades.
You need not deposit any money or provide credit details to open an account at Bloombex. But for trading activities, you need to deposit a minimum of $300 or €300 before you can start trading. There is also a special Islamic Account offered for muslims.
Bloombex has a mobile application available for Android and iOS which allows you to easily trade over the phone wherever your are.
Payouts Percentage
85%
Withdrawal Options
PayPal, Credit Card, Bank Wire Transfer, Moneybookers
Option888 provides options on forex, commodities, stocks and indices. You can trade using the following trading types:
Digital: The typical High/Low options. You determine if the asset will fall or rise in value.
Touch: You determine if the price of a given asset will reach (or touch) a specific value within a given time period.
Range: Also referred to as a boundary trade. You decide if the asset price will remain within two preset values?
Turbo: A type for really short term binary options. Expiry times provided by the vendor are 30 seconds, 45 seconds and 5 minutes for this type of trading.
Option888 offers only a standard account which requires a minimum deposit of $250. There is a 100% welcome bonus of up to 888EUR (or USD, GBP, SEK, DKK, NOK). You can fund and withdraw from your account using wire transfer, paysafecard, SOFORT, Skrill, MasterCard, Visa, and iDEAL.
If you continue having doubts about which product will be best for your business it may be a good idea to take a look at each service’s social metrics. Such metrics are usually an indicator of how popular a given app is and how extensive is its online presence. For instance Bloombex Twitter account has currently 0 followers. At the same time Option888 Twitter is followed by 0 users.
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