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Product 24bulls vs. Magnum Options

Getting the right binary option trading srevice for your business is difficult with so many functions, choices, and terms to check. On the other hand, depending on our review platform will make it possible for you to cut down the necessary steps by displaying all major providers in one place. For instance, you can contrast Magnum Options and 24bulls for their functions and overall scores, namely, 8.0 and 7.9, respectively. Similarly, you can compare which provider has better general user satisfaction rating: 96% (Magnum Options) and 100% (24bulls) to learn which solution is the better choice. Don’t just choose the solution with the most attractive minimum deposit, but the solution that offers the best value.

Product

24bulls

VS

Magnum Options

VS

Total Score

Our Score

7.9 ?

Our Score

8.0 ?

Client Satisfaction

Client Satisfaction

100% ?

Client Satisfaction

96% ?

Minimum Deposit

$250

$200

Accepts US Clients

Yes
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Full Review

Description

24bulls uses a trading platform powered by TradeSmarter. There is no download required as the platform is 100% web-based. It can be easily accessed on any personal computer, smartphone, or tablet.

Reuters provides all market data and you can see the calculations of the expiration prices from the asset index. To view your transactions history, you need to click on the My Trades tab in the platform and then click on My Transactions.

You can trade on a wide variety of financial assets. This gives a number of benefits, including portfolio diversification and the flexibility to capitalize on fast moving market opportunities. The platform provides something to trade even when market volatility is low.

Magnum Options has adopted the SpotOption trading platform, deemed as one of the most widespread trading platforms for binary options because of its simplicity and flexibility. It is so easy that even novice users won’t find themselves having difficulties browsing and performing trade tools and processes present at SpotOption.

Payouts Percentage

85%

85%

Comission

Yes
No

Platform

Platform type: TradeSmarter
Platform Languages: English, Spanish, French, Russian, Chinese, Italian, Turkish, Arabic, Dutch, Swedish
OS Compatibility: Mac OS, Windows
Streaming News Feed: No
Email Alerts: No
Mobile Alerts: Yes
Platform type: SpotOption
Platform Languages: Italian
OS Compatibility: iOS, Windows
Streaming News Feed: Yes
Email Alerts: No
Mobile Alerts: No

Trade Types

24bulls offers three trade types:

  • 60 Seconds
  • Options Builder
  • High/Low

Magnum Option offers the following trade types:

  • Classic Binary Options
  • One Touch Options
  • Option Builder
  • 60 Second Options
  • Option Pro

Trading Accounts

24bulls offers the following types of trading accounts:

Starter Basic Account – $250 to $499

  • Daily market updates by email
  • Access to full range of FX currency pairs, stocks, and commodities
  • Online execution of trades

Starter Plus Account – $500 to $999

  • Daily market updates by email
  • Binary options on over 90 trading instruments in 4 major asset classes
  • Live tutorials and webinar invitations
  • Personal account manager
  • Free training & support
  • Online execution of trades
  • 24/6 live chat support

Standard Account – $1000 to $2,499

  • Daily market updates by email and phone
  • Daily access to our analyst desk and dealing room
  • Binary options on over 90 trading instruments in 4 major asset classes
  • Live tutorials and webinar invitations
  • Personal account executive
  • Higher ongoing bonus offers
  • Free training & support
  • Online execution of trades
  • 24/6 live chat support

Premium Account – $2,500 to $5,000

  • Daily market updates by email and phone
  • Daily access to our analyst desk and dealing room
  • Binary options on over 90 trading instruments in 4 major asset classes
  • Live tutorials and webinar invitations
  • Personal account executive
  • Exclusive promotions and bonus offers
  • Free training & support
  • Online execution of trades
  • 24/6 live chat support

Islamic Account

24bulls offers an Islamic account for Muslim clients with all the benefits of the Standard and Premium packages, including support from a Personal Account Manager trained in cultural aspects and restrictions related to Islamic accounts.

Magnum Options offers the folllowing trading accounts:

  • Standard Account
  • Premium Account
  • Executive Account
  • Magnum Elite

Email

support@24bulls.com support@magnumoptions.com
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Assets

Forex, Oil, Gold, Indices, Stocks, Commodities Forex, Metals, Oil, Gold, Indices, Stocks, Commodities

Located In

Cyprus British Anguilla

Phone

+357-2223-2295 1-855-217-4642

Customer Service

EMAIL PHONE NO.
LIVE SUPPORT TRAINING
Customer Support Languages: English, Spanish, French, Arabic
Customer Service Hours: Customer support is available Monday to Friday from 6:30 to 17:00 GMT. During off market hours you can reach them by live chat or email.
Place Trades Over the Phone?: No
EMAIL PHONE NO.
LIVE SUPPORT
Customer Support Languages: English, Italian
Customer Service Hours:
Place Trades Over the Phone?: No

Withdrawal Options:

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

Place Trades Over Phone

No
No

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

Payout ratios

24bulls offers returns of up to 85%.

75%

Deposit Options

Credit Card, Debit Card, Bank Wire Transfer, CashU, Skrill Credit Card, Debit Card, Bank Wire Transfer, CashU
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When you test various Binary Options Brokers software you shouldn’t just study their list of features and offered pricing packages. Pay attention to the fact that the service must be meeting your needs and team so the more flexible their offer the better. Explore what platforms are supported by Magnum Options and 24bulls and be certain you will get mobile support for whichever devices you use in your company. It may also be a good idea to find out which languages and geographies are supported, as this might be a key element for many businesses.