Selecting the right binary option trading srevice for your business is complicated with a lot of functions, choices, and terms to choose from. On the other hand, depending on our review directory will allow you to simplify the selection steps by getting all key services in one place.
For example, you can contrast Nadex and 365Trading for their tools and overall scores, in this case, 9.0 and 8.0, respectively. Likewise, you can see which provider has better general user satisfaction rating: 98% (Nadex) and 100% (365Trading) to determine which solution is the better option. Don’t simply start using the service with the lowest minimum deposit, but the platform that has the most cost-effective value.
At this time, the most significant products in our Binary Options Brokers category are: IQ Option, GTOptions, 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).
If you are still having second thoughts about which service will be best for your business it might be a sound idea to check out each service’s social metrics. Such metrics are quite often an indicator of how popular a given app is and how big is its online presence. For instance Nadex Twitter profile has currently 7818 followers. At the same time 365Trading Twitter is followed by 0 users.
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