Selecting the right binary option trading srevice for your company is difficult with various features, choices, and terms to consider. But, depending on our review platform will allow you to streamline the selection process by showing all major providers in a single location.
For example, you can compare Nadex and 24bulls for their features and overall scores, namely, 9.0 and 7.9, respectively. Furthermore, you can check which broker has better general user satisfaction rating: 98% (Nadex) and 100% (24bulls) to learn which service is the better choice. Don’t just pick the platform with the most attractive minimum deposit, but the service that gives the most cost-effective value.
We are aware that not all people have enough time to try out dozens of different products, so we prepared a list of suggestions that you may find useful. Our top selections for the Binary Options Brokers category are: GTOptions, IQ Option, Nadex.
Nadex Members may maintain a Direct Trading Member Account. The Exchange does not charge a membership fee for a Direct Trading Member Account.
Direct Trading Members – No minimum initial deposit and no minimum balance required afterwards
Binary Option Contracts
Entry or exit before expiration – $1 trading fee per contract
Trade expiration (in-the-money) – $1 settlement fee per contract
Trade expiration (out-of-the-money) – No settlement fee
Call Spread and Knock-Out Contracts
Entry or exit before expiration – $1 trading fee per contract
Trade expiration – $1 settlement fee per contract**
**The platform does not charge a settlement fee that exceeds your total settlement payout for a position that you held up to expiration. For instance, if your position settles in-the-money at expiration and your settlement payout is only $0.50, Nadex will only charge you $0.50 instead of $1.00.
Transaction Information
Returned Deposit/Chargeback – $25
Wire Withdrawal – $25
ACH Withdrawal – Free
Account Setup – Free
Deposits – Free
Debit Card Withdrawal – Free
Dormant Accounts (no activity for 12 consecutive months): $10.00 per month
No account will become negative
A dormant account with a $0 balance may be terminated
The premier US exchange for binary options, knock-outs, and call spreads. Nadex offers its members access to flexible trades in top markets including forex, stock indices, and commodities. It has an intuitive trading platform and is regulated by the Commodity Futures Trading Commission (CFTC).
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.
Payouts Percentage
85%
Withdrawal Options
Credit Card, Debit Card, Bank Wire Transfer, CashU, Skrill
Assets
Forex, Oil, Gold, Indices, Stocks, Commodities
Available Support
email
phone
live support
training
tickets
General Info
24bulls offers a reliable and user-friendly platform technology, simplified style of trading, and good customer service.
Both Nadex and 24bulls were tested by a team of independent SaaS experts who conducted a thorough analysis of all crucial elements of each software. Their total score was prepared with unique SmartScore algorithm that calculates an individual partial score to every factor including: main functionalities, client support, mobile device support, security, client satisfaction and market presence. We realize useful features are not the only factor important to a company so we do our best to pay attention to all sides of a service before calculating its final rating.
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