Selecting the most appropriate binary option trading srevice for your company is complicated with a lot of functions, choices, and terms to take note of. However, relying on our website will allow you to simplify the selection process by displaying all major providers in one place.
For example, you can contrast CloseOption and Interactive Option for their tools and overall scores, namely, 8.5 and 6.0, respectively. Furthermore, you can check which provider has superior general user satisfaction rating: 97% (CloseOption) and 95% (Interactive Option) to find out which service is the better choice. Don’t just pick the solution with the lowest minimum deposit, but the platform that gives the most cost-effective value.
We are aware that not all people have enough time to try out a large number of various services, so we created a list of recommendations that you may find useful. Our top selections for the Binary Options Brokers category are: GTOptions, Nadex, IQ Option.
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.
Interactive Option offers four types of trading accounts that vary depending on the starting deposit and the range of features included. The following accounts are available:
Blue Account: starting deposit of $500 – $2499
Up to 75% payout
50 tradable assets
Basic Training
Introductory webinar
eBook
Gold: starting deposit of $2500 – $9999
Up to 85% payout
70 tradable assets
Advanced Training
Personal account manager
Four free webinars
eBook
Platinum: starting deposit of $10,000 – $24,999
Up to 85% payout
100 tradable assets
Pro Training
Personal account manager
Weekly webinars
eBook
Free of charge withdrawal
VIP: starting deposit of $25,000 and more
All features of the account can be adjusted on demand
In case you continue having doubts about which service will be best in your case it might be a good idea to analyze each service’s social metrics. Such metrics are usually a way to see how popular each product is and how extensive is its online presence. For instance, in case of Facebook CloseOption has 301 likes on their official page while Interactive Option profile is liked by 0 users.
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