Selecting the right binary option trading srevice for your company is hard with too much features, options, and terms to check. But, using our review directory will allow you to streamline the selection process by getting all main brokers in a single place. For example, you can match IQ Option and Beast Options for their functions and overall scores, namely, 8.5 and 7.5, respectively. Similarly, you can compare which broker has higher general user satisfaction rating: 99% (IQ Option) and 97% (Beast Options) to determine which one is the better choice. Don’t simply pick the platform with the lowest minimum deposit, but the solution that gives the most cost-effective value.
Software | VS | VS |
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Total Score | Our Score 7.5 | Our Score 8.5 |
Customer Experience | Customer Experience 97% | Customer Experience 99% |
Minimum Deposit | $100 | $10 |
Accepts US Clients | Yes |
Complete Review | ||||||||||||
Description | Beast Options offers the Tradologic trading platform, which is one of the most used and recognized options for many binary brokers. It comes with a user-friendly interface and is built with a throng of features and tools that make binary trading easy and fast even for novice traders. Simple and intuitive, Tradologic has been the top choice for many binary options brokers in the world. You can view all your trades by selecting the “My Trades” tab. The platform offers a wide range of stocks, indices, commodities, and currencies for trading. Payout ratio ranges between 65%-89% of the initial investment. | IQ Option’s trading platform differs from most generic platforms. Asset selection is done using a tab system placed on top of the price chart. A drop-down list placed on the right side of the tabs offers more assets. There are action buttons for the option types (Call/Put) you want to buy. IQ Option offers predefined amounts such as $10, $20, etc. that you can choose. Alternatively, you can also key in the amount in the amount box. The personal cabinet section shows your banking transactions and trading history. It also hosts the customer support option. The trading platform also supports mobile trading with iOS and Android apps. | ||||||||||
Quick Links | ||||||||||||
Assets | Forex, Indices, Stocks, Commodities | 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 | ||||||||||
Customer Service |
Customer Support
Languages: English, Russian, Japanese Customer Service Hours: Beast Options offers 24/6 customer support. Place Trades Over the Phone?: No |
Customer Support
Languages: English, Spanish, Russian Customer Service Hours: IQ Option offers customer support from 9:00 AM to 11:00 PM Place Trades Over the Phone?: No | ||||||||||
Withdrawal Options: | Credit Card, Debit Card, Bank Wire Transfer | Webmoney | ||||||||||
Trading Accounts | There is no information available on Beast Options regarding different types of trading accounts. | IQ Option offers a free demo account and two types of trading accounts: Real: Minimum deposit is $10
VIP: Minimum deposit is $1000
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concierge@beastoptions.com | support@iqoption.com |
Comission | No | No |
Platform | Platform type: Tradologic Platform Languages: English, Russian OS Compatibility: Mac OS, iOS, Windows, Android Streaming News Feed: No Email Alerts: No Mobile Alerts: No | Platform type: In-house Platform Languages: English, Spanish, Russian, Chinese, Arabic OS Compatibility: Mac OS, Windows, Android Streaming News Feed: No Email Alerts: Yes Mobile Alerts: Yes |
Payout ratios | Beast Options offers payout up to 89%. | Returns can go as high as 92%. |
Phone | +1 888 279 8663 | 74956680633 |
Payouts Percentage | 89% | 92% |
Trade Types | Beast Options offers the following trade types:
| You can choose between the classic High/Low binaries and the faster Turbo trade feature. |
Deposit Options | Credit Card, Debit Card, Bank Wire Transfer | Webmoney, PayPal, Credit Card, Bank Wire Transfer, Skrill, Neteller |
Located In | Gibraltar, European Union | Cyprus |
Place Trades Over Phone | No | No |
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If you are still having doubts about which software will be best for your business it may be a sensible idea to analyze each service’s social metrics. These metrics are quite often an indicator of how popular a given app is and how large is its online presence. For example, in case of Facebook IQ Option has 0 likes on their official page while Beast Options profile is liked by 0 people.