Choosing the right binary option trading srevice for your company is difficult with too much functions, options, and offers to consider. But, relying on our website will allow you to streamline the selection process by showing all main providers in one location.
For example, you can match Nadex and BinaryBook for their functions and overall scores, namely, 9.0 and 7.9, respectively. Likewise, you can check which provider has better general user satisfaction rating: 98% (Nadex) and 50% (BinaryBook) to determine which solution is the better choice. Don’t just choose the solution with the most attractive minimum deposit, but the solution that has the best value.
We know that not all people have enough time to examine dozens of various solutions, so we created a list of suggestions that you may find useful. Our top selections for the 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).
Micro Account ($250 to $$500): Ideal for newbies. Welcome bonus is 20%. You also get access to BinaryBook Academy.
Basic Account ($501 to $2500): For intermediate level traders. Welcome bonus is up to 50%. You get 1 risk-free trade and a personal account manager.
Gold Account ($2501 to $10,000): For experienced traders who wish to trade in high volume. Welcome bonus is up to 75%. You get 2 risk-free trades and up to two hours of trading sessions with an expert. You get 5 risk-free trades and from 5 to 10h of sessions with a trading expert.
Platinum Account ($10,001 to $50,000): This one is also for experienced traders who wish to trade in high volume. Welcome bonus is up to 10%.
VIP Account (Above $50,000): Offers personalized services to traders. Contact the broker directly to learn more about what the package inclues.
BinaryBook also provides an Islamic Trading account that is fully compliant with the Sharia law.
If you continue having doubts about which solution will perform best in your case it may be a sensible idea to check out each service’s social metrics. These metrics are frequently an indicator of how popular each app is and how wide is its online presence. For instance, in case of Facebook Nadex has 12566 likes on their official page while BinaryBook profile is liked by 0 people.
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