Choosing the right binary option trading srevice for your company is difficult with various functions, choices, and terms to take note of. However, depending on our review directory will allow you to streamline the selection steps by displaying all main brokers in a single place.
For instance, you can contrast Nadex and 365BinaryOption for their tools and overall scores, namely, 9.0 and 7.8, respectively. Likewise, you can see which provider has superior general user satisfaction rating: 98% (Nadex) and 100% (365BinaryOption) to learn which one is the better choice. Don’t simply start using the solution with the most attractive minimum deposit, but the service that offers the best value for your money.
As of now, the most significant products in our Binary Options Brokers category are: Nadex, IQ Option, GTOptions.
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).
If you are still having second thoughts about which software will work best for your business it may be a good idea to investigate each service’s social metrics. Such metrics are quite often a sign of how popular every product is and how big is its online presence. For instance, in case of Facebook Nadex has 12566 likes on their official profile while 365BinaryOption profile is liked by 0 users.
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