Selecting the best binary option trading srevice for your business is not that easy with a lot of features, choices, and terms to consider. On the other hand, depending on our review directory will make it possible for you to cut down the selection steps by getting all major providers in one place.
As an illustration, you can contrast FMTrader and Nadex for their functions and overall scores, in this case, 8.0 and 9.0, respectively. Likewise, you can check which service has superior general user satisfaction rating: 100% (FMTrader) and 98% (Nadex) to determine which one is the better choice. Don’t simply start using the solution with the lowest minimum deposit, but the one that gives the most cost-effective value.
We realize that not all people have the time to examine a large number of different products, so we prepared a list of recommendations that you may find useful. Our top selections for the Binary Options Brokers category are: GTOptions, Nadex, IQ Option.
Traders with FMTrader can choose from 5 different types of trading accounts which come with various benefits. They are each defined by a minimum deposit.
Bronze Trading Account
Silver Trading Account
Gold Trading Account
Platinum Trading Account
Islamic Trading Account
Payouts Percentage
70%-90%
Withdrawal Options
Credit Card, Bank Wire Transfer
Assets
Oil, Gold, Indices, Stocks, Commodities
Available Support
email
phone
live support
training
tickets
General Info
FMTrader is the leading binary options brokerage in the financial market today. Offering unparalleled honest service to all our clients.
Nadex Members may maintain a Direct Trading Member Account. The Exchange does not charge a membership fee for a Direct Trading Member Account.
Direct Trading Members – No minimum initial deposit and no minimum balance required afterwards
Binary Option Contracts
Entry or exit before expiration – $1 trading fee per contract
Trade expiration (in-the-money) – $1 settlement fee per contract
Trade expiration (out-of-the-money) – No settlement fee
Call Spread and Knock-Out Contracts
Entry or exit before expiration – $1 trading fee per contract
Trade expiration – $1 settlement fee per contract**
**The platform does not charge a settlement fee that exceeds your total settlement payout for a position that you held up to expiration. For instance, if your position settles in-the-money at expiration and your settlement payout is only $0.50, Nadex will only charge you $0.50 instead of $1.00.
Transaction Information
Returned Deposit/Chargeback – $25
Wire Withdrawal – $25
ACH Withdrawal – Free
Account Setup – Free
Deposits – Free
Debit Card Withdrawal – Free
Dormant Accounts (no activity for 12 consecutive months): $10.00 per month
No account will become negative
A dormant account with a $0 balance may be terminated
The premier US exchange for binary options, knock-outs, and call spreads. Nadex offers its members access to flexible trades in top markets including forex, stock indices, and commodities. It has an intuitive trading platform and is regulated by the Commodity Futures Trading Commission (CFTC).
Both FMTrader and Nadex were tested by a panel of independent SaaS experts who prepared a detailed examination of all important elements of each solution. Their final score was calculated using our unique SmartScore algorithm which calculates a separate partial score to each component like: main features, customer support, mobile support, security, customer satisfaction as well as reviews in other media. Here at FinancesOnline we know useful features are not the only aspect important to a company so we make an effort to pay attention to all aspects of a app prior to coming up with its final rating.
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