Getting the best binary option trading srevice for your business is difficult with so many features, options, and terms to take note of. But, using our review platform will help you to simplify the necessary steps by reading all crucial services in a single location.
As an illustration, you can compare Interactive Option and Quotex for their features and overall scores, namely, 6.0 and 8.0, respectively. Similarly, you can check which service has higher general user satisfaction rating: 95% (Interactive Option) and 97% (Quotex) to find out which solution is the better option. Don’t just start using the solution with the most attractive minimum deposit, but the service that gives the most cost-effective value.
We know that not all companies have enough time to scrutinize dozens of various solutions, so we came up with a list of recommendations that you may find useful. Our top selections for the Binary Options Brokers category are: IQ Option, Nadex, GTOptions.
Interactive Option offers four types of trading accounts that vary depending on the starting deposit and the range of features included. The following accounts are available:
Blue Account: starting deposit of $500 – $2499
Up to 75% payout
50 tradable assets
Basic Training
Introductory webinar
eBook
Gold: starting deposit of $2500 – $9999
Up to 85% payout
70 tradable assets
Advanced Training
Personal account manager
Four free webinars
eBook
Platinum: starting deposit of $10,000 – $24,999
Up to 85% payout
100 tradable assets
Pro Training
Personal account manager
Weekly webinars
eBook
Free of charge withdrawal
VIP: starting deposit of $25,000 and more
All features of the account can be adjusted on demand
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.
In case you continue having doubts about which product will work best for your company it may be a sound idea to take a look at each service’s social metrics. Such metrics are frequently an indicator of how popular every software is and how extensive is its online presence. For instance Interactive Option Twitter profile has currently 0 followers. At the same time Quotex Twitter is followed by 685 people.
Page last modified
Why is FinancesOnline free?
FinancesOnline is available for free for all business professionals interested in an efficient way to find top-notch SaaS solutions. We are able to keep our service free of charge thanks to cooperation with some of the vendors, who are willing to pay us for traffic and sales opportunities provided by our website. Please note, that FinancesOnline lists all vendors, we’re not limited only to the ones that pay us, and all software providers have an equal opportunity to get featured in our rankings and comparisons, win awards, gather user reviews, all in our effort to give you reliable advice that will enable you to make well-informed purchase decisions.
