Selecting the most appropriate binary option trading srevice for your company is difficult with various functions, options, and terms to consider. On the other hand, depending on our review platform will make it possible for you to simplify the selection steps by getting all main brokers in a single place.
For instance, you can contrast CherryTrade and BinaryBook for their tools and overall scores, namely, 8.1 and 7.9, respectively. Likewise, you can check which provider has better general user satisfaction rating: 100% (CherryTrade) and 50% (BinaryBook) to learn which service is better. Don’t simply pick the service with the most attractive minimum deposit, but the solution that offers the most cost-effective value.
Those of you who are pressed for time or need a Binary Options Brokers recommendation from our team may want to take a look at these top choices for the current year: GTOptions, Nadex, 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.
In case you are still having second thoughts about which product will be best in your case it may be a sound idea to check out each service’s social metrics. These metrics are usually a way to see how popular each service is and how extensive is its online presence. For instance CherryTrade Twitter account has currently 0 followers. At the same time BinaryBook Twitter is followed by 0 people.
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