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Compare Bloombex vs. Magnum Options

Getting the most appropriate binary option trading srevice for your organization is not that easy with a lot of functions, choices, and offers to check. On the other hand, relying on our review platform will help you to cut down the selection steps by showing all major providers in a single place. For instance, you can contrast Magnum Options and Bloombex for their features and overall scores, namely, 8.0 and 7.6, respectively. Similarly, you can check which service has higher general user satisfaction rating: 96% (Magnum Options) and 100% (Bloombex) to determine which one is the better option. Don’t just pick the platform with the most attractive minimum deposit, but the service that has the best value for your money.

Compare

Bloombex

VS

Magnum Options

VS

Total Score

Our Score

7.6 ?

Our Score

8.0 ?

Client Satisfaction

Client Satisfaction

100% ?

Client Satisfaction

96% ?

Minimum Deposit

$300

$200

Accepts US Clients

Yes
Yes
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Complete Review

Description

Bloombex uses the intuitive, state-of-the-art SpotOption trading platform. You can view the payout ratio as a percentage in large blue digits on the right sidebar of the tool. On the left side, you can view the trader’s choice bar which indicates the direction of the market sentiment. The interface of the platform is simple and clear. A graph shows the movements of the asset prices. To get a wider view of available assets, it’s possible change the platform layout format.

Magnum Options is using the SpotOption trading platform, which is one of the most widespread trading platforms for binary options thanks to its simplicity and flexibility. It is so simple that even inexperienced users won’t find themselves having problems browsing and performing trade functions and processes with SpotOption.

Phone

44 2035191191 1-855-217-4642

Withdrawal Options:

PayPal, Credit Card, Bank Wire Transfer, Moneybookers Credit Card, Debit Card

Place Trades Over Phone

Yes
No

Payouts Percentage

85%

85%

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

Trading Accounts

You need not deposit any money or provide credit details to open an account at Bloombex. But for trading activities, you need to deposit a minimum of $300 or €300 before you can start trading. There is also a special Islamic Account offered for muslims.

Bloombex has a mobile application available for Android and iOS which allows you to easily trade over the phone wherever your are.

Magnum Options offers the folllowing trading accounts:

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

No
No

Located In

Germany British Anguilla

Platform

Platform type: SpotOption
Platform Languages: English, German, French, Turkish, Arabic
OS Compatibility: Mac OS, iOS, Windows
Streaming News Feed: Yes
Email Alerts: Yes
Mobile Alerts: No
Platform type: SpotOption
Platform Languages: Italian
OS Compatibility: iOS, Windows
Streaming News Feed: Yes
Email Alerts: No
Mobile Alerts: No

Payout ratios

Average returns range between 75% and 85%. One touch trades offer much higher returns of up to 500%. You can get rebates of up to 10% for out of the money trades.

75%

Email

accounts@bloombex-options.com support@magnumoptions.com

Assets

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

Trade Types

Bloombex offers the following trade types:

One Touch: gives you the opportunity to invest in an underlying asset which you think will exceed or reach a certain value even though it might shift from that value in the future. Once the predetermined value is reached you get paid. Trading one touch options is made possible only during weekends.

Sixty Seconds: for people in need of fast income, the SPOTFN platform enables you to ride the short term trend with 30, 60, and 120 second expires. All you have to do is to select the asset, choose investment amount, and decide if the price will rise of fall.

Pairs: is a trading option where you predict which of two assets will perform better than the other by expiry. This is based on comparison, and exclusively the relative performance counts.

Ladder: It allows you to make multiple predictions on the same asset, enabling a wider range of opportunities to profit from.

Magnum Option offers the following trade types:

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

Deposit Options

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

Customer Service

EMAIL PHONE NO.
LIVE SUPPORT TRAINING
Customer Support Languages: English, German, French, Russian, Italian, Turkish, Arabic, Dutch
Customer Service Hours: 24h/7
Place Trades Over the Phone?: Yes
EMAIL PHONE NO.
LIVE SUPPORT
Customer Support Languages: English, Italian
Customer Service Hours:
Place Trades Over the Phone?: No
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Every time you choose a software that you think will be an actual asset for your team you shouldn’t only limit yourself to what experts have to say about it. Quite frequently individual experience with the app will vary, depending on specific goals and needs. That’s why in our reviews we also offer our User Satisfaction Rating for every app to give you a quick impression of how real users of Magnum Options and Bloombex evaluate their contact with the service. Our algorithm is built around detailed analysis of product appearances on other sites, social media as well as blogs, so you will obtain a complete and reliable overview of what other customers think about every software. In this case Magnum Options got a total satisfaction rating at 96% while for Bloombex 100% of people say they had an enjoyable experience with it.