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Product CherryTrade vs. CTOption

Choosing the best binary option trading srevice for your business is complicated with so many features, choices, and terms to check. On the other hand, relying on our website will allow you to cut down the selection process by showing all key providers in a single place. As an illustration, you can contrast CherryTrade and CTOption for their tools and overall scores, in this case, 8.1 and 8.0, respectively. Furthermore, you can see which provider has higher general user satisfaction rating: 100% (CherryTrade) and 94% (CTOption) to learn which solution is the better option. Don’t simply start using the solution with the most attractive minimum deposit, but the platform that offers the best value.

Product

CherryTrade

VS

CTOption

VS

Our Score

Our Score

8.1 ?

Our Score

8.0 ?

Client Satisfaction

Client Satisfaction

100% ?

Client Satisfaction

94% ?

Minimum Deposit

$200

$250

Accepts US Clients

Yes
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Full Review

Description

CherryTrade uses the SpotOption trading platform. A popular trading platform option among binary brokers, SpotOption flaunts a relatively easy to use interface and is loaded with basic and advanced features that novice traders will be able to learn to use in no time. SpotOption is now available for mobile devices, specifically Android and Apple iOS smartphones and tablets.

The platform is 100% web-based which means you don’t have to download any software. It can be accessed anywhere in the world. You can quickly access all your transactions – deposits, withdrawals, and trading portfolio – in the ‘My Account’ section. The maximum amount you can invest per individual trade is $5000.

Most binary brokers use a generic trading platform supplied by Tradologic or SpotOption. But, CTOption has opted for a platform supplied by Panda Trading Systems Ltd (Panda TS). This company provides quality customized tools in the online forex industry. Therefore, they are knowledgeable about the requirements of online traders.

The Panda TS platform is easy to use and does not need intensive training. It offers mobile trading too. The platform offers a range of tools that traders can use to maximize their profits. CTOption has also created custom systems for its own use utilizing the top financial engineering and technology infrastructure available in the field.

Payout ratios

CherryTrade offers payout up to 85%.

Average returns are around 80% and can go as high as 90%. Rebate for losing trades is 5%.

Comission

No
No

Phone

917-775-0324 442035192322

Email

support@cherrytrade.com support@ctoption.com

Withdrawal Options:

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

Deposit Options

Credit Card, Debit Card, Bank Wire Transfer, CashU, Skrill Webmoney, Credit Card, Debit Card, Bank Wire Transfer, Moneybookers, CashU, Skrill
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Customer Service

EMAIL PHONE NO.
LIVE SUPPORT TRAINING
Customer Support Languages: English, Spanish, German, French, Chinese, Japanese, Italian, Arabic, Dutch, Swedish
Customer Service Hours: CherryTrade provides 24/7 customer support.
Place Trades Over the Phone?: Yes
EMAIL PHONE NO.
TRAINING
Customer Support Languages: English, Spanish, German, Arabic
Customer Service Hours: CTOption offers comprehensive 24h support for its customers
Place Trades Over the Phone?: No

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
Platform type: PandaTS
Platform Languages: English, Spanish, German, Arabic
OS Compatibility: Mac OS, iOS, Windows, Android
Streaming News Feed: Yes
Email Alerts: Yes
Mobile Alerts: No

Trade Types

CherryTrade offers the following trade types:

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

CTOption offers four contract types:

  • One Touch
  • Range
  • Hyper
  • High/Low

Assets

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

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

Located In

Gibraltar, European Union UK

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

CTOption offers three types of trading accounts:

Mini Plan: Minimum Deposit of $250

  • 24h Withdrawal
  • Weekly Market News
  • 24/7 Support Service
  • Welcome Bonus

Standard Plan: Minimum Deposit of $2,500

  • 24h Withdrawal
  • Weekly Market News
  • 24/7 Support Service
  • Welcome Bonus
  • Personal Account Manager

Executive Plan: Minimum Deposit of $10,000+

  • 24h Withdrawal
  • Weekly Market News
  • 24/7 Support Service
  • Welcome Bonus
  • Personal Account Manager
  • Trading Guru Hangouts
  • No Processing Fees
  • Expedited Withdrawals
  • Opportunity to win tablets, smartphones and more

Place Trades Over Phone

Yes
No

Payouts Percentage

85%

90%

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When you pick a app that you are sure will be an actual asset for your business you shouldn’t just focus on what professionals have to say about it. Very often individual experience with the app will vary, depending on specific goals and needs. That’s the reason why in our reviews we also offer our User Satisfaction Rating for every service to give you a quick impression of how actual users of CherryTrade and CTOption rate their experience with the solution. Our system is based on advanced analysis of product appearances on other websites, social networks and blogs, so you are going to receive a complete and credible picture of what other users think about each app. In this example CherryTrade has a total satisfaction rating at 100% while for CTOption 94% of users express they had a positive experience with it.