Choosing the right binary option trading srevice for your organization is hard with so many functions, choices, and offers to choose from. However, using our review platform will allow you to streamline the necessary steps by getting all key brokers in a single place.
For instance, you can compare Nadex and 99Binary for their tools and overall scores, in this case, 9.0 and 7.8, respectively. Likewise, you can check which provider has better general user satisfaction rating: 98% (Nadex) and 100% (99Binary) to find out which one is the better choice. Don’t just start using the platform with the lowest minimum deposit, but the one that gives the most cost-effective value.
People who don't have much time or could use a Binary Options Brokers recommendation from our team may want to examine these top choices for this year: 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).
99Binary offers their users a selection of four typical trading types they can make part of their strategy. Having such a wide choice is definitely an important element of an efficient strategy and portfolio. 99Binary offers the following four trade types:
High/Low: will the asset priced above or below a set price.
One Touch: will the asset reach a specified price.
Range: will the asset trade within a selected price range.
Hyper: quick trading within a 60 second time frame.
Trading accounts provided by 99Binary are very versatile and both experienced and fresh traders can find an account suitable for their needs. 99Binary offers four account types:
Starter: from $250
Includes a welcome bonus
Full 24/7 customer support provided
Trading with more than 99 asset types
30% additional bonus
You can benefit from monthly promotions
Pro: from $500
Includes a welcome bonus
Full 24/7 customer support provided
Trading with more than 99 asset types
50% additional bonus
You can benefit from monthly promotions
You get 5 risk-free trades
You become a member of 99B Club
You gain access to a personal account manager
Premium: from $4,999
Includes a welcome bonus
Full 24/7 customer support provided
Trading with more than 99 asset types
75% additional bonus
You can benefit from monthly promotions
You get 5 risk-free trades
You become a member of 99B Club
You gain access to a personal account manager
Same day withdrawals are possible
You benefit from tailor-made promotions
Platinum: from $20,000
Includes a welcome bonus
Full 24/7 customer support provided
Trading with more than 99 asset types
50% additional bonus
You can benefit from monthly promotions
You get 5 risk-free trades
You become a member of 99B Club
You gain access to a personal account manager
Same day withdrawals are possible
You benefit from tailor-made promotions
Tailor-made trading strategies are offered
Special gifts
Payouts Percentage
86%
Withdrawal Options
MoneyGram, Credit Card, Debit Card, Bank Wire Transfer
You don’t want exclusively a wide set of useful tools and adjustable pricing from a credible Binary Options Brokers. Almost as crucial as core features is a quality customer support. You want to ensure that if you have any questions about Nadex or 99Binary, or you face some problems, or maybe you’ll need to request a certain update or feature beneficial to your company you can rely on a responsive and helpful customer support. Examine if solutions such as phone support, tickets or live chat are provided. What is more, it’s a significant advantage if you are able to benefit from individual training or at least an FAQ you can use.
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