Choosing the right binary option trading srevice for your company is complicated with a lot of functions, options, and terms to take note of. But, depending on our website will allow you to streamline the selection process by getting all main brokers in a single location.
For instance, you can contrast CloseOption and OptionBit for their functions and overall scores, in this case, 8.5 and 8.0, respectively. Likewise, you can check which broker has higher general user satisfaction rating: 97% (CloseOption) and 100% (OptionBit) to find out which one is the better choice. Don’t simply choose the service with the lowest minimum deposit, but the platform that has the most cost-effective value.
Our experts made sure to prepare reviews of all popular Binary Options Brokers solutions offered on the market, but among all the ones we reviewed these three caught our special attention: Nadex, GTOptions, 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.
OptionBit offers the following trade types: one touch, autotrader, and classic. The broker’s Tradologic trading platform includes the following trading types: regular above/below binary options, touch trading and range, as well as “extend” and “close now” features. Option types offered on the website are digital, one touch, touch/no touch, range, and turbo.
Both CloseOption and OptionBit were evaluated by a group of independent SaaS experts who carried out a thorough examination of all key elements of each service. Their total score was prepared using our unique SmartScore system which calculates a separate partial score to every factor including: main functionalities, customer support, mobile support, security, customer satisfaction as well as market presence. Here at FinancesOnline we know useful features are not the only aspect essential to a business so we make sure we pay attention to all sides of a service before calculating its final score.
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FinancesOnline is available for free for all business professionals interested in an efficient way to find top-notch SaaS solutions. We are able to keep our service free of charge thanks to cooperation with some of the vendors, who are willing to pay us for traffic and sales opportunities provided by our website. Please note, that FinancesOnline lists all vendors, we’re not limited only to the ones that pay us, and all software providers have an equal opportunity to get featured in our rankings and comparisons, win awards, gather user reviews, all in our effort to give you reliable advice that will enable you to make well-informed purchase decisions.
