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Compare FMTrader vs. Magnum Options

Selecting the best binary option trading srevice for your business is complicated with various features, options, and terms to check. However, depending on our review directory will allow you to cut down the selection steps by reading all main services in a single place. For example, you can match Magnum Options and FMTrader for their tools and overall scores, namely, 8.0 and 8.0, respectively. Furthermore, you can check which broker has better general user satisfaction rating: 96% (Magnum Options) and 100% (FMTrader) to find out which solution is better. Don’t simply choose the platform with the most attractive minimum deposit, but the service that gives the best value for your money.

Compare

FMTrader

VS

Magnum Options

VS

Total Score

Our Score

8.0 ?

Our Score

8.0 ?

Customer Experience

Customer Experience

100% ?

Customer Experience

96% ?

Minimum Deposit

$250

$200

Accepts US Clients

Yes
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Complete Review

Description

FMTrader providers users with the award-winning SpotOption as its trading platform. SpotOption is highly accessible, allowing traders to do trade and engage through the web. No software download and installation is needed. Many traders use prefer SpotOption as it is widely used in the industry due to its simplicity, reliability, and ease of use.

Magnum Options makes use of the SpotOption trading platform, considered to be one of the most widespread trading platforms in the market due to its simplicity and flexibility. It is so straightforward that even rookie traders won’t find themselves having a hard time browsing and performing trade features and processes with SpotOption.

Email

support@fmtrader.com support@magnumoptions.com

Comission

No
No

Platform

Platform type: SpotOption
Platform Languages: English, Russian, Japanese, 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

Deposit Options

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

Located In

United Kingdom British Anguilla

Assets

Oil, Gold, Indices, Stocks, Commodities Forex, Metals, Oil, Gold, Indices, Stocks, Commodities
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Withdrawal Options:

Credit Card, Bank Wire Transfer Credit Card, Debit Card

Customer Service

EMAIL PHONE NO.
LIVE SUPPORT
Customer Support Languages: English, Russian, Turkish
Customer Service Hours: FMTrader provides 24-hour customer support.
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

Trade Types

FMTrader offers the following trading types:

  • 60 Seconds Options
  • Classic Binaries
  • One Touch Options
  • Option Builder
  • Pair Trading
  • FX/CFD

Magnum Option offers the following trade types:

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

Payout ratios

85%

75%

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

Payouts Percentage

70%-90%

85%

Phone

+448001700149 1-855-217-4642

Trading Accounts

Traders with FMTrader can choose from 5 different types of trading accounts which come with various benefits. They are each defined by a minimum deposit.

  • Bronze Trading Account
  • Silver Trading Account
  • Gold Trading Account
  • Platinum Trading Account
  • Islamic Trading Account

Magnum Options offers the folllowing trading accounts:

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

Place Trades Over Phone

No
No
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If you are still having doubts about which solution will work best for your company it may be a sound 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 Magnum Options Twitter profile has currently 169 followers. At the same time FMTrader Twitter is followed by 1993 users.