Choosing the best binary option trading srevice for your company is complicated with various functions, options, and offers to choose from. On the other hand, depending on our review platform will allow you to simplify the necessary steps by displaying all crucial services in one location.
As an illustration, you can compare Imperial Options and Quotex for their features and overall scores, namely, 7.8 and 8.0, respectively. Furthermore, you can compare which service has better general user satisfaction rating: 97% (Imperial Options) and 97% (Quotex) to learn which service is the better choice. Don’t just pick the service with the lowest minimum deposit, but the service that offers the best value.
Our team put a lot of effort to prepare reviews of all popular services offered out there, but among all the ones we reviewed these three caught our special attention: .
Imperial Options offers four types of trading accounts. Individual account can be matched with your trading experience and budget. With all accounts you will get access to a wide range of features and effective tools, though upgraded accoutns are more complex in that matter. Here are the accounts you can regiseter:
Micro Account: Minimum deposit is $/£/€250
25% welcome bonus
Suitable for inexperienced traders
Silver Account: Minimum deposit is $/£/€2500
50% welcome bonus
Trading alerts (weekly)
Weekly 1 to 1 training
Suitable for confident beginners with some trading experience
Personal Account: Minimum deposit is $/£/€10,000
100% welcome bonus
Trading alerts (daily)
Twice weekly 1 to 1 training
Suitable for serious, experienced traders
Personal account manager
VIP Account: Minimum deposit is $/£/€50,000
200% welcome bonus
Daily 1 to 1 training
Designed for elite professionals
Suitable for serious, experienced traders
All accounts include:
Access to a web and mobile trading platform
Risk management tools
e-video library with training resources
Off trading hours assistance
Payouts Percentage
250%
Withdrawal Options
Credit Card, Western Union, Moneybookers, Neteller
Also, it has a “double-up” feature where you can place a new trade similar to the position of your initial trade but at the new current price point. It has the same cost to enter with the same expiry time as your initial trade but it’s under the current price.
Payout ratios vary for every asset of its type. For instance, payouts for different currency pairs in forex can vary from 36% to 88%. Moreover, payout percentages can also differ depending on the length of the trade contract. More often, the payouts of five-minute trades and up are higher than those in a shorter timeframe. Payout percentages are pinned on every trading asset with an unmistakable dark orange color.
Quotex members have essentially two types of trading accounts under one name. One is for demo trades and the other one is for live trading. You can access them both in a single session. This allows traders to simulate actions in current conditions before jumping in with live trades. Like other binary options platforms, registration is free and so is the demo account. Once new users get the hang of binary trading on the Quotex platform, they can deposit funds for live trading. Also, users can deposit and withdraw funds via bank transfers, epayment solutions, and even cryptocurrency, including Bitcoin, Bitcoin Cash, Dogecoin, Ethereum, and Coinbase. Also, it supports Visa/Mastercard transactions.
Demo Account
Registration: Free
Virtual Currency: $10,000
Transaction Information
Minimum Deposit: $10
Minimum Dollar Withdrawal: $10
Minimum Bitcoin Withdrawal: $50
Withdrawal Time: 1-5 working days
No Transaction Fees (third-party solutions may do)
Quotex works hard to make payments on the same day the withdrawal transaction has been made. Also, depending on the value of transactions, verification may be required. Most of the time, however, no extra verification is needed. Lastly, there is no indication of a minimum maintenance balance.
Payouts Percentage
Variable
Withdrawal Options
Credit Card, Debit Card, Bank Wire Transfer
Assets
Forex, Metals, Oil, Gold, Indices, Commodities
Available Support
email
phone
live support
training
tickets
General Info
Provides users with a hassle-free binary trading options platform that is not only easy to use but also has advanced technical analysis solutions including customizable trend indicators and charts.
It may not always be enough to just compare Imperial Options and Quotex with one another. Although useful functionalities, pricing plans and customer comments are all important and should be considered when making a final decision, you should also take a look at the recognition and awards merited by each solution. Frequently a less dominant software may turn out to be an amazing choice that was distinguished with industry awards such as our Experts’ Choice Award which reveals that despite lesser market presence it’s a significant rival to the solutions that dominate the market.
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