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Software Redwood Options vs. GOptions

Choosing the best binary option trading srevice for your business is hard with various functions, options, and terms to check. But, depending on our review directory will allow you to simplify the selection steps by reading all major providers in one location. As an illustration, you can match GOptions and Redwood Options for their functions and overall scores, in this case, 8.5 and 7.5, respectively. Likewise, you can check which service has better general user satisfaction rating: 100% (GOptions) and 99% (Redwood Options) to find out which solution is the better option. Don’t simply choose the service with the most attractive minimum deposit, but the service that has the most cost-effective value.

Software

Redwood Options

VS

GOptions

VS

Total Score

Our Score

7.5 ?

Our Score

8.5 ?

Client Satisfaction

Client Satisfaction

99% ?

Client Satisfaction

100% ?

Minimum Deposit

$200

$200

Accepts US Clients

Yes
Yes
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Detailed Review

Description

Redwood uses the SpotOption trading platform, a widely used and popular trading platform employed by the majority of online binary brokers due to its simplicity and effectiveness.

The platform is 100% web based, so software downloads are not required. You don’t need any previous trading experience as the platform has a user-friendly interface. You can make use of exclusive educational tools such as a free binary options e-book, live daily webinars, and video academy.

You can choose from a vast selection of assets to trade, including stocks, indices, commodities, and currencies. The platform’s trading modules are top of their class in the online trading market. This broker uses up to date and sophisticated technologies to ensure your security and satisfaction.

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.

Trade Types

Redwood offers the following trade types:

  • 60 Second Options
  • Classic Up/Down Binaries
  • One Touch Options
  • Option Builder

GOptions offers six trade types:

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

Comission

No
No

Email

support@redwoodoptions.com support@goptions.com

Assets

Forex, Metals, Oil, Gold, Indices, Stocks, Commodities, etfs, CFDs Forex, Oil, Gold, Indices, Stocks, Commodities

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
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Withdrawal Options:

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

Deposit Options

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

Payouts Percentage

81%

90%

Platform

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

Customer Service

EMAIL PHONE NO.
LIVE SUPPORT TRAINING
Customer Support Languages: English, Spanish, German, French, Russian, Japanese, Arabic, Swedish
Customer Service Hours: Redwood offers phone, email, and live chat support.
Place Trades Over the Phone?: No
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

Phone

1-800-986-6750 +44-203-608-1331

Place Trades Over Phone

No
No

Payout ratios

Redwood Options offers payout up to 81%.

GOptions offers up to 90% return rate.

Located In

London, United Kingdom United Kingdom

Trading Accounts

Mini Trading Account – €500

  • 25% bonus
  • Starter webinars
  • Educational videos
  • Digital online e-book

Starter Trading Account – €1000

  • 30% bonus
  • Starter webinars
  • Educational videos
  • Digital online e-book
  • Market reviews via email

Silver Trading Account – €5000

  • 50% bonus
  • 1 risk free trade
  • Starter webinars
  • Educational videos
  • Digital online e-book
  • Market reviews via email
  • Account manager
  • 1 academy session
  • 1 VIP webinar

Gold Trading Account – €10,000

  • 75% bonus
  • 1 risk free trade
  • 3 guaranteed profit trades
  • Starter webinars
  • Educational videos
  • Digital online e-book
  • Market reviews via email
  • Account manager
  • 2 academy sessions
  • 1 VIP webinar
  • Optional tablet

Platinum Trading Account – €25,000

  • 100% bonus
  • 3 risk free trades
  • 5 guaranteed profit trades
  • Starter webinars
  • Educational videos
  • Digital online e-book
  • Market reviews via email
  • Account manager
  • 5 academy sessions
  • 2 VIP webinar
  • Optional tablet
  • Same day withdrawal approval

Pls note: Risk free trade is up to 50% of the deposit.

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
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In case you continue having second thoughts about which product will be best in your case it may be a sensible idea to analyze each service’s social metrics. These metrics are quite often an indicator of how popular each product is and how wide is its online presence. For example GOptions Twitter account has currently 0 followers. At the same time Redwood Options Twitter is followed by 0 users.