Selecting the most appropriate binary option trading srevice for your organization is hard with a lot of functions, options, and terms to take note of. However, using our review directory will help you to cut down the selection process by showing all main providers in a single place.
For instance, you can match CloseOption and Bloombex for their functions and overall scores, in this case, 8.5 and 7.6, respectively. Furthermore, you can check which service has superior general user satisfaction rating: 97% (CloseOption) and 100% (Bloombex) to determine which one is the better choice. Don’t simply choose the solution with the most attractive minimum deposit, but the service that has the best value for your money.
We did our best to prepare reviews of all popular Binary Options Brokers solutions available out there, but among all the ones we reviewed these three caught our special attention: GTOptions, IQ Option, Nadex.
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.
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
In the event you continue having second thoughts about which product will be best in your case it might be a sound idea to investigate each service’s social metrics. Such metrics are usually an indicator of how popular every app is and how wide is its online presence. For example, in case of Facebook CloseOption has 301 likes on their official page while Bloombex profile is liked by 0 people.
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