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Compare Redwood Options vs. GrandOption

Getting the most appropriate binary option trading srevice for your company is hard with so many functions, choices, and terms to consider. But, using our review platform will allow you to simplify the selection process by getting all crucial services in one place. For example, you can compare GrandOption and Redwood Options for their tools and overall scores, namely, 7.6 and 7.5, respectively. Furthermore, you can see which broker has higher general user satisfaction rating: 98% (GrandOption) and 99% (Redwood Options) to learn which solution is better. Don’t simply choose the service with the lowest minimum deposit, but the one that gives the most cost-effective value.

Compare

Redwood Options

VS

GrandOption

VS

Total Score

Our Score

7.5 ?

Our Score

7.6 ?

Customer Experience

Customer Experience

99% ?

Customer Experience

98% ?

Minimum Deposit

$200

$250

Accepts US Clients

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.

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.

Phone

1-800-986-6750 +357 2 526 2770

Located In

London, United Kingdom Cyprus

Email

support@redwoodoptions.com info@grandoption.com

Payouts Percentage

81%

300%

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

Payout ratios

Redwood Options offers payout up to 81%.

75% to 300%

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

Comission

No
No

Trade Types

Redwood offers the following trade types:

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

Capital Option offers the following trading types:

  • High/Low
  • Short Term Trades

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.

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

  • Standard ($100 Deposit)
  • Gold
  • VIP

Withdrawal Options:

Webmoney, Credit Card, Bank Wire Transfer MoneyGram, Webmoney, Credit Card

Place Trades Over Phone

No
No

Deposit Options

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

Assets

Forex, Metals, Oil, Gold, Indices, Stocks, Commodities, etfs, CFDs Metals, Indices, Stocks
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It may not always be sufficient to simply compare GrandOption and Redwood Options against one another. Even though useful functionalities, pricing plans and user reviews are all important and should be considered when making a final choice, you should also take a look at the recognition and awards won by every app. In many cases a less known app may turn out to be an excellent choice that was a winner of many SaaS awards such as our Exceptional Customer Support Award which proves that regardless of limited market popularity it’s a significant contender to the solutions that dominate the market.