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Comparison CherryTrade vs. GrandOption

Getting the best binary option trading srevice for your company is hard with a lot of functions, choices, and terms to check. On the other hand, depending on our review directory will make it possible for you to cut down the selection process by getting all crucial brokers in a single place. As an illustration, you can compare GrandOption and CherryTrade for their tools and overall scores, in this case, 7.6 and 8.1, respectively. Similarly, you can check which provider has higher general user satisfaction rating: 98% (GrandOption) and 100% (CherryTrade) to determine which solution is the better option. Don’t just start using the service with the most attractive minimum deposit, but the platform that has the best value for your money.

Comparison

CherryTrade

VS

GrandOption

VS

Score

Our Score

8.1 ?

Our Score

7.6 ?

Client Experience

Client Experience

100% ?

Client Experience

98% ?

Minimum Deposit

$200

$250

Accepts US Clients

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Complete Review

Description

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.

GrandOption provides binary option traders with the Tech Financials trading platform. While it is unlike most trading platforms offered by alternative binary options traders, Tech Financials features a wide interface with a customizable trading chart and allows traders to anage multiple trades while at the same time review their trading history. Also, the Tech Financials platform is easy to understand and implement.

Payout ratios

CherryTrade offers payout up to 85%.

75% to 300%

Phone

917-775-0324 +357 2 526 2770

Trade Types

CherryTrade offers the following trade types:

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

Capital Option offers the following trading types:

  • High/Low
  • Short Term Trades

Withdrawal Options:

Credit Card, Debit Card, Bank Wire Transfer, CashU, Skrill MoneyGram, Webmoney, Credit Card

Payouts Percentage

85%

300%

Comission

No
No
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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

Located In

Gibraltar, European Union Cyprus

Deposit Options

Credit Card, Debit Card, Bank Wire Transfer, CashU, Skrill MoneyGram, Webmoney, Debit Card

Customer Service

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
PHONE NO.
LIVE SUPPORT
TICKETS
Customer Support Languages: Spanish, German, French
Customer Service Hours: 24h
Place Trades Over the Phone?: No

Email

support@cherrytrade.com info@grandoption.com

Trading Accounts

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

Traders are offered with the following choices for their trading accounts:

  • Standard ($100 Deposit)
  • Gold
  • VIP

Platform

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
Platform type: Optimus
Platform Languages: French, Russian
OS Compatibility: Mac OS, iOS, Windows, Android
Streaming News Feed: No
Email Alerts: Yes
Mobile Alerts: No

Assets

Forex, Indices, Stocks, Commodities Metals, Indices, Stocks

Place Trades Over Phone

Yes
No
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Both GrandOption and CherryTrade were evaluated by a team of independent B2B experts who conducted a detailed study of all important aspects of each solution. Their ultimate rating was calculated with unique SmartScore model which gives an individual partial score to each element including: main functionalities, customer support, mobile support, security, user satisfaction as well as market presence. We know useful features are not the only aspect important to a business so we make sure we pay attention to all aspects of a app prior to calculating its final score.