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Comparison Magnum Options vs. GTOptions

Getting the most appropriate binary option trading srevice for your organization is not that easy with a lot of functions, options, and terms to choose from. But, depending on our review platform will make it possible for you to simplify the necessary steps by getting all key brokers in a single place. For example, you can contrast Magnum Options and GTOptions for their features and overall scores, in this case, 8.0 and 8.8, respectively. Furthermore, you can check which provider has higher general user satisfaction rating: 96% (Magnum Options) and 100% (GTOptions) to determine which one is the better choice. Don’t simply choose the solution with the lowest minimum deposit, but the solution that offers the best value for your money.

Comparison

Magnum Options

VS

GTOptions

VS

Our Score

Our Score

8.0 ?

Our Score

8.8 ?

Client Satisfaction

Client Satisfaction

96% ?

Client Satisfaction

100% ?

Minimum Deposit

$200

$250

Accepts US Clients

Yes
Yes
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Detailed Review

Description

Magnum Options is using the SpotOption trading platform, which is one of the most widespread trading platforms out there because of its simplicity and flexibility. It is so easy that even inexperienced traders won’t find themselves having problems navigating and performing trade functions and processes present at SpotOption.

GTOptions uses the SpotOption trading platform which is a reliable web-based platform that is also used by other top binary options brokers. The platform’s top row of tabs shows the different types of trades offered. The second row of tabs shows the assets offered for trading. The red and green colored buttons show the directions of the options, eliminating the chances of a wrong trading input. On the right of the platform you can see return percentages in large numbering.

Deposit Options

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

Phone

1-855-217-4642 +44-20-3608-6622

Place Trades Over Phone

No
No

Withdrawal Options:

Credit Card, Debit Card Credit Card, Bank Wire Transfer

Trade Types

Magnum Option offers the following trade types:

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

GTOptions offers four main trade types:

  • Up/Down Binary Options: Simplest type as you only need to focus on the direction of the price movement.
  • Touch Options: For trades where you are relatively sure about the direction of the price movements but not their sustainability.
  • Option Builder: You can customize the trades to suit your trading style.
  • 60 Seconds Options: Fast paced option that is ideal for scalping trading strategies.
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Comission

No
No

Located In

British Anguilla Cyprus

Trading Accounts

Magnum Options offers the folllowing trading accounts:

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

GTOptions offers five types of trading accounts:

  • Mini – $250-499 with 50% bonus
  • Standard – $500-999 with 50% bonus
  • Executive – $1000-4999 with 100% bonus
  • Gold – $5000-9999 with 100% bonus
  • Platinum – $10,000+ with 100% bonus

Email

support@magnumoptions.com support@gtoptions.com

Payout ratios

75%

GTOptions offers one of the highest return ratios in the industry. Depending on the asset type, average returns range from 70% to 90%. One Touch options can yield returns up to 540%.

Customer Service

EMAIL PHONE NO.
LIVE SUPPORT
Customer Support Languages: English, Italian
Customer Service Hours:
Place Trades Over the Phone?: No
EMAIL PHONE NO.
LIVE SUPPORT TRAINING
TICKETS
Customer Support Languages: English, Spanish, German, French, Russian, Chinese
Customer Service Hours: 24/7
Place Trades Over the Phone?: No

Platform

Platform type: SpotOption
Platform Languages: Italian
OS Compatibility: iOS, Windows
Streaming News Feed: Yes
Email Alerts: No
Mobile Alerts: No
Platform type: SpotOption
Platform Languages: Spanish, German, French, Russian, Chinese, Japanese
OS Compatibility: Mac OS, Windows, Linux, Android
Streaming News Feed: Yes
Email Alerts: No
Mobile Alerts: No

Assets

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

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

85%

81%

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Product Comparisons

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All the data, information and opinions that we shared in this table were collated from official vendor websites, marketing content available online, actual experience from real users as well as our individual hands-on use of each app by an expert. We put a lot of effort to comprehensively analyze each service, as a result we not only test it ourselves, but we also compare our observations with opinions of other people from the SaaS community.