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Comparison GOptions vs. CherryTrade

Choosing the best binary option trading srevice for your company is difficult with too much features, choices, and terms to check. But, relying on our review platform will make it possible for you to streamline the selection process by getting all major services in a single place. For instance, you can compare GOptions and CherryTrade for their tools and overall scores, in this case, 8.5 and 8.1, respectively. Similarly, you can see which broker has better general user satisfaction rating: 100% (GOptions) and 100% (CherryTrade) to determine which solution is the better choice. Don’t simply pick the solution with the most attractive minimum deposit, but the platform that offers the best value for your money.

Comparison

GOptions

VS

CherryTrade

VS

Our Score

Our Score

8.5 ?

Our Score

8.1 ?

Client Satisfaction

Client Satisfaction

100% ?

Client Satisfaction

100% ?

Minimum Deposit

$200

$200

Accepts US Clients

Yes
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Complete Review

Description

GOptions uses a trading platform powered by SpotOption. It is intuitive and easy to use. The platform is accessible anywhere, on any browser. There is no need to download any software. GOptions also offers risk-free trades with same day withdrawal.

Rollover is offered if you wish to extend your trade past its original expiry period to earn more money. Early closure is also available if you wish to get out of a trade early to reduce your losses.

Educational resources include free trading charts which are an interesting resource for traders that most websites do not offer. Daily and weekly market reviews are offered for traders who use fundamental analysis.

CherryTrade uses the SpotOption trading platform. A popular trading platform option among binary brokers, SpotOption flaunts a relatively easy to use interface and is loaded with basic and advanced features that novice traders will be able to learn to use in no time. SpotOption is now available for mobile devices, specifically Android and Apple iOS smartphones and tablets.

The platform is 100% web-based which means you don’t have to download any software. It can be accessed anywhere in the world. You can quickly access all your transactions – deposits, withdrawals, and trading portfolio – in the ‘My Account’ section. The maximum amount you can invest per individual trade is $5000.

Place Trades Over Phone

No
Yes

Withdrawal Options:

PayPal, Credit Card, Debit Card, Bank Wire Transfer, Moneybookers, CashU, Skrill, Neteller Credit Card, Debit Card, Bank Wire Transfer, CashU, Skrill

Email

support@goptions.com support@cherrytrade.com

Payouts Percentage

90%

85%

Comission

No
No
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Located In

United Kingdom Gibraltar, European Union

Trade Types

GOptions offers six trade types:

  • Long Term
  • Turbo
  • Ladder
  • One Touch
  • 60 Seconds
  • High/Low

CherryTrade offers the following trade types:

  • High/Low
  • Pairs
  • Long Term
  • 60 Seconds
  • One Touch
  • Ladder

Assets

Forex, Oil, Gold, Indices, Stocks, Commodities Forex, Indices, Stocks, Commodities

Platform

Platform type: SpotOption
Platform Languages: English, German, French, Arabic
OS Compatibility: Mac OS, iOS, Windows, Android
Streaming News Feed: No
Email Alerts: No
Mobile Alerts: No
Platform type: SpotOption
Platform Languages: English, Spanish, German, French, Russian, Chinese, Japanese, Italian
OS Compatibility: Mac OS, iOS, Windows, Android
Streaming News Feed: Yes
Email Alerts: No
Mobile Alerts: Yes

Customer Service

EMAIL PHONE NO.
LIVE SUPPORT TRAINING
Customer Support Languages: English, French, Arabic
Customer Service Hours: GOptions offers 24-hour customer support.
Place Trades Over the Phone?: No
EMAIL PHONE NO.
LIVE SUPPORT TRAINING
Customer Support Languages: English, Spanish, German, French, Chinese, Japanese, Italian, Arabic, Dutch, Swedish
Customer Service Hours: CherryTrade provides 24/7 customer support.
Place Trades Over the Phone?: Yes

Deposit Options

PayPal, Credit Card, Debit Card, Bank Wire Transfer, Moneybookers, CashU, Skrill, Neteller Credit Card, Debit Card, Bank Wire Transfer, CashU, Skrill

Payout ratios

GOptions offers up to 90% return rate.

CherryTrade offers payout up to 85%.

Phone

+44-203-608-1331 917-775-0324

Bonuses & Rewards

No Deposit Bonus: No
Bonus for First Deposit: No
Is the Bonus Based on the Volume of the Transaction?: No
Other Bonuses: No
No Deposit Bonus: No
Bonus for First Deposit: No
Is the Bonus Based on the Volume of the Transaction?: No
Other Bonuses: No

Trading Accounts

GOptions offers five types of trading accounts:

Micro Account: $200 – $499

  • 25% bonus
  • Receive daily analysis by email
  • Access to all education materials
  • Access to weekly training webinars with Mike Roberts

Mini Account: $500 – $999

  • 35% bonus
  • Option: 4 X $25 risk free trades
  • Receive daily analysis by email
  • Access to all education materials.
  • Access to the broker’s social pages and links to YouTube videos, and weekly training webinars with Mike Roberts.

Standard Account: $1,000 – $4,999

  • 50% bonus
  • 4 X $50 risk free trades
  • Access to start daily analysis, social links and videos, entrance to Skype with “general stone” contact, and senior agent support for an ongoing series of market calls and strategies.
  • Welcome bonus of 150%
  • Free resource bundle (Netdania chart link, Oanda news aggregate link for news).

Gold Account: $5,000 – $9,999

  • 75% bonus
  • 4 X $250 risk free trades
  • A 200% welcome bonus.
  • Additional private Skype room strategies entry, along with a 10% lifetime loss insurance and 5% extra payout on your favorite asset for standard binary up down.

VIP Account: $10k – $250k+

  • 100% bonus
  • 4 X $500 risk free trades
  • A 500% (depending on the deposit) welcome bonus.
  • Concierge Skype and management level support
  • Automatic signal integration along with higher custom payout packages for binary and turbo payouts
  • Additional benefits will be offered based on the final invested amount

CherryTrade offers five types of accounts:

Classic Account – Deposit 200+

  • 20% welcome bonus
  • Junior broker
  • Level 1 education center

Pro Account – Deposit 2,500+

  • 35% welcome bonus
  • Executive broker
  • 1-on-1 basic training – 1 hour
  • Level 1+2 education center
  • General trading signals

Gold Account – Deposit 6,500+

  • 70% welcome bonus
  • Executive broker
  • Risk free trades x3
  • 1-on-1 advanced training – 3 hours
  • Level 1-3 education center
  • General trading signals

VIP Account – Deposit 50,000+

  • 50% welcome bonus
  • Executive broker + analyst
  • Risk free trades x5
  • 1-on-1 analyst sessions – 7 hours
  • Level 1-4 education center
  • Personalized trading signals

Corporate Account – Deposit 100,000+

  • 30% welcome bonus
  • Executive broker + analyst
  • Risk free trades x10
  • 1-on-1 analyst sessions – Unlimited
  • Full education center
  • Personalized trading signals
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When you research various Binary Options Brokers software you shouldn’t simply analyze their list of features and available pricing packages. Keep in mind the software must be adjusted to your work processes and team so the more flexible their offer the better. Explore what systems are supported by GOptions and CherryTrade and ensure you will obtain mobile support for whichever devices you use in your company. It may also be a good idea to examine which languages and countries are supported, as this could be a deal breaker for many businesses.