Getting the right binary option trading srevice for your business is not that easy with various features, choices, and offers to choose from. On the other hand, using our review platform will allow you to streamline the selection process by showing all major brokers in a single place.
For example, you can compare CloseOption and Redwood Options for their features and overall scores, namely, 8.5 and 7.5, respectively. Likewise, you can check which service has better general user satisfaction rating: 97% (CloseOption) and 99% (Redwood Options) to determine which one is the better choice. Don’t just start using the service with the lowest minimum deposit, but the solution that gives the best value for your money.
We did our best to review all popular Binary Options Brokers solutions that you can find out there, but among them these three deserved our special attention: IQ Option, Nadex, 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.
Every time you select a solution that you are sure will work best for your business you shouldn’t simply limit yourself to what professionals have to say about it. Quite frequently personal experience with the app may change, depending on specific preferences and needs. This is why in our reviews we also give our User Satisfaction Rating for every product to give you a reliable impression of how actual users of CloseOption and Redwood Options rate their experience with the software. Our algorithm is based on complex analysis of product mentions on other websites, social media as well as blogs, so you will obtain a comprehensive and credible picture of what other users think about each software. In this case CloseOption has a total satisfaction rating at 97% while for Redwood Options 99% of people claim they had a positive experience with it.
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