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Software GOptions vs. CherryTrade

Choosing the right binary option trading srevice for your business is complicated with so many functions, options, and offers to check. On the other hand, relying on our website will help you to cut down the selection steps by getting all key services in one place. As an illustration, you can compare CherryTrade and GOptions for their features and overall scores, namely, 8.1 and 8.5, respectively. Similarly, you can check which service has higher general user satisfaction rating: 100% (CherryTrade) and 100% (GOptions) to determine which service is the better option. Don’t just pick the solution with the lowest minimum deposit, but the platform that gives the best value for your money.

Software

GOptions

VS

CherryTrade

VS

Score

Our Score

8.5 ?

Our Score

8.1 ?

Client Satisfaction

Client Satisfaction

100% ?

Client Satisfaction

100% ?

Minimum Deposit

$200

$200

Accepts US Clients

Yes
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Complete Review

Description

GOptions uses a trading platform powered by SpotOption. It is intuitive and easy to use. The platform is accessible anywhere, on any browser. There is no need to download any software. GOptions also offers risk-free trades with same day withdrawal.

Rollover is offered if you wish to extend your trade past its original expiry period to earn more money. Early closure is also available if you wish to get out of a trade early to reduce your losses.

Educational resources include free trading charts which are an interesting resource for traders that most websites do not offer. Daily and weekly market reviews are offered for traders who use fundamental analysis.

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.

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

Email

support@goptions.com support@cherrytrade.com

Trading Accounts

GOptions offers five types of trading accounts:

Micro Account: $200 – $499

  • 25% bonus
  • Receive daily analysis by email
  • Access to all education materials
  • Access to weekly training webinars with Mike Roberts

Mini Account: $500 – $999

  • 35% bonus
  • Option: 4 X $25 risk free trades
  • Receive daily analysis by email
  • Access to all education materials.
  • Access to the broker’s social pages and links to YouTube videos, and weekly training webinars with Mike Roberts.

Standard Account: $1,000 – $4,999

  • 50% bonus
  • 4 X $50 risk free trades
  • Access to start daily analysis, social links and videos, entrance to Skype with “general stone” contact, and senior agent support for an ongoing series of market calls and strategies.
  • Welcome bonus of 150%
  • Free resource bundle (Netdania chart link, Oanda news aggregate link for news).

Gold Account: $5,000 – $9,999

  • 75% bonus
  • 4 X $250 risk free trades
  • A 200% welcome bonus.
  • Additional private Skype room strategies entry, along with a 10% lifetime loss insurance and 5% extra payout on your favorite asset for standard binary up down.

VIP Account: $10k – $250k+

  • 100% bonus
  • 4 X $500 risk free trades
  • A 500% (depending on the deposit) welcome bonus.
  • Concierge Skype and management level support
  • Automatic signal integration along with higher custom payout packages for binary and turbo payouts
  • Additional benefits will be offered based on the final invested amount

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

Located In

United Kingdom Gibraltar, European Union

Withdrawal Options:

PayPal, Credit Card, Debit Card, Bank Wire Transfer, Moneybookers, CashU, Skrill, Neteller Credit Card, Debit Card, Bank Wire Transfer, CashU, Skrill

Payout ratios

GOptions offers up to 90% return rate.

CherryTrade offers payout up to 85%.

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Payouts Percentage

90%

85%

Deposit Options

PayPal, Credit Card, Debit Card, Bank Wire Transfer, Moneybookers, CashU, Skrill, Neteller Credit Card, Debit Card, Bank Wire Transfer, CashU, Skrill

Place Trades Over Phone

No
Yes

Customer Service

EMAIL PHONE NO.
LIVE SUPPORT TRAINING
Customer Support Languages: English, French, Arabic
Customer Service Hours: GOptions offers 24-hour customer support.
Place Trades Over the Phone?: No
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

Trade Types

GOptions offers six trade types:

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

CherryTrade offers the following trade types:

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

Assets

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

Platform

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

Phone

+44-203-608-1331 917-775-0324

Comission

No
No
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If you compare different Binary Options Brokers services you shouldn’t just analyze their features list and available pricing packages. Keep in mind the product should be meeting your requirements and team so the more flexible their offer the better. Find our what OSes are supported by CherryTrade and GOptions and make sure you will obtain mobile support for whichever devices you work on in your company. You should also find out which languages and countries are supported, as this could be a key element for many companies.