Getting the right binary option trading srevice for your business is complicated with various features, choices, and offers to consider. But, depending on our review directory will help you to simplify the selection process by reading all crucial services in one location.
For instance, you can compare MarketsWorld and Quotex for their functions and overall scores, namely, 8.2 and 8.0, respectively. Likewise, you can compare which broker has better general user satisfaction rating: 100% (MarketsWorld) and 97% (Quotex) to determine which solution is the better option. Don’t just start using the service with the lowest minimum deposit, but the service that has the best value.
People who want to save some time or want a Binary Options Brokers recommendation from our team might want to take a look at these top choices for the current year: Nadex, GTOptions, IQ Option.
The minimum deposit required to open an account is just $20 / £20 / €20 and the trade amounts range from just $1 / £1 / €1 to a maximum of $1,000 / £1,000 / €1,000.
Also, it has a “double-up” feature where you can place a new trade similar to the position of your initial trade but at the new current price point. It has the same cost to enter with the same expiry time as your initial trade but it’s under the current price.
Payout ratios vary for every asset of its type. For instance, payouts for different currency pairs in forex can vary from 36% to 88%. Moreover, payout percentages can also differ depending on the length of the trade contract. More often, the payouts of five-minute trades and up are higher than those in a shorter timeframe. Payout percentages are pinned on every trading asset with an unmistakable dark orange color.
Quotex members have essentially two types of trading accounts under one name. One is for demo trades and the other one is for live trading. You can access them both in a single session. This allows traders to simulate actions in current conditions before jumping in with live trades. Like other binary options platforms, registration is free and so is the demo account. Once new users get the hang of binary trading on the Quotex platform, they can deposit funds for live trading. Also, users can deposit and withdraw funds via bank transfers, epayment solutions, and even cryptocurrency, including Bitcoin, Bitcoin Cash, Dogecoin, Ethereum, and Coinbase. Also, it supports Visa/Mastercard transactions.
Demo Account
Registration: Free
Virtual Currency: $10,000
Transaction Information
Minimum Deposit: $10
Minimum Dollar Withdrawal: $10
Minimum Bitcoin Withdrawal: $50
Withdrawal Time: 1-5 working days
No Transaction Fees (third-party solutions may do)
Quotex works hard to make payments on the same day the withdrawal transaction has been made. Also, depending on the value of transactions, verification may be required. Most of the time, however, no extra verification is needed. Lastly, there is no indication of a minimum maintenance balance.
Payouts Percentage
Variable
Withdrawal Options
Credit Card, Debit Card, Bank Wire Transfer
Assets
Forex, Metals, Oil, Gold, Indices, Commodities
Available Support
email
phone
live support
training
tickets
General Info
Provides users with a hassle-free binary trading options platform that is not only easy to use but also has advanced technical analysis solutions including customizable trend indicators and charts.
In case you are still having second thoughts about which app will work best in your case it may be a good idea to analyze each service’s social metrics. Such metrics are quite often an indicator of how popular each product is and how big is its online presence.For instance, if you analyze MarketsWorld LinkedIn profile you’ll find out that they are followed by 0 users. In case of Quotex the amount of followers on their LinkedIn page is 42.
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