Choosing the most appropriate binary option trading srevice for your company is hard with a lot of functions, choices, and terms to check. However, using our review directory will help you to cut down the necessary steps by showing all main brokers in one location.
As an illustration, you can compare CloseOption and 99Binary for their features and overall scores, in this case, 8.5 and 7.8, respectively. Similarly, you can check which broker has higher general user satisfaction rating: 97% (CloseOption) and 100% (99Binary) to learn which service is the better option. Don’t simply choose the platform with the lowest minimum deposit, but the solution that offers the most cost-effective value.
Currently, the most significant products in our Binary Options Brokers category are: Nadex, IQ Option, GTOptions.
There are three account types available to a user once they sign up. These are the Demo, Real, and Contest accounts.
Demo. Like other binary options platforms, CloseOption provides users a demo account to try out the platform and test their strategies without any financial commitment. It provides users with real-time data to base their risk-free trades while only using virtual money.
Real. This is a live account where users can deposit real currency. There are three balances available: a Wallet for storing money, Real Account Balance for traditional currencies, and a Crypto Balance for Cryptocurrencies.
Contest. This is the account that CloseOption traders use to join weekly trading contests. Initially, the broker offers a virtual balance that users can use for competitive trading to win cash prizes.
Payouts Percentage
Up to 80%
Withdrawal Options
Webmoney, PayPal, Credit Card, Debit Card, Bank Wire Transfer
Assets
Forex
Available Support
email
phone
live support
training
tickets
General Info
A binary options broker that provides intuitive currency-pair trading options instruments and a trading platform simple enough for novice traders. CloseOption has been recognized with our Rising Star Award for 2021.
99Binary offers their users a selection of four typical trading types they can make part of their strategy. Having such a wide choice is definitely an important element of an efficient strategy and portfolio. 99Binary offers the following four trade types:
High/Low: will the asset priced above or below a set price.
One Touch: will the asset reach a specified price.
Range: will the asset trade within a selected price range.
Hyper: quick trading within a 60 second time frame.
Trading accounts provided by 99Binary are very versatile and both experienced and fresh traders can find an account suitable for their needs. 99Binary offers four account types:
Starter: from $250
Includes a welcome bonus
Full 24/7 customer support provided
Trading with more than 99 asset types
30% additional bonus
You can benefit from monthly promotions
Pro: from $500
Includes a welcome bonus
Full 24/7 customer support provided
Trading with more than 99 asset types
50% additional bonus
You can benefit from monthly promotions
You get 5 risk-free trades
You become a member of 99B Club
You gain access to a personal account manager
Premium: from $4,999
Includes a welcome bonus
Full 24/7 customer support provided
Trading with more than 99 asset types
75% additional bonus
You can benefit from monthly promotions
You get 5 risk-free trades
You become a member of 99B Club
You gain access to a personal account manager
Same day withdrawals are possible
You benefit from tailor-made promotions
Platinum: from $20,000
Includes a welcome bonus
Full 24/7 customer support provided
Trading with more than 99 asset types
50% additional bonus
You can benefit from monthly promotions
You get 5 risk-free trades
You become a member of 99B Club
You gain access to a personal account manager
Same day withdrawals are possible
You benefit from tailor-made promotions
Tailor-made trading strategies are offered
Special gifts
Payouts Percentage
86%
Withdrawal Options
MoneyGram, Credit Card, Debit Card, Bank Wire Transfer
You should keep in mind that while both CloseOption and 99Binary may offer a reliable array of features each product may be aimed at a different business size. If you are analyzing various solutions you may want to give some attention to a business type they are meant for. Certain features might scale up with no problem for huge enterprises but if you run a small or mid-sized business it’s often better to refrain paying for customized features that you may never actually use.
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