Choosing the most appropriate binary option trading srevice for your business is complicated with a lot of functions, options, and offers to check. But, using our review directory will help you to simplify the necessary steps by displaying all key brokers in one place.
As an illustration, you can match Nadex and Bloombex for their features and overall scores, in this case, 9.0 and 7.6, respectively. Similarly, you can check which service has higher general user satisfaction rating: 98% (Nadex) and 100% (Bloombex) to find out which one is the better option. Don’t simply start using the service with the most attractive minimum deposit, but the platform that offers the most cost-effective value.
Our experts made sure to prepare reviews of all popular Binary Options Brokers solutions that you can find out there, but among all the ones we reviewed these three caught our special attention: 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).
One Touch: gives you the opportunity to invest in an underlying asset which you think will exceed or reach a certain value even though it might shift from that value in the future. Once the predetermined value is reached you get paid. Trading one touch options is made possible only during weekends.
Sixty Seconds: for people in need of fast income, the SPOTFN platform enables you to ride the short term trend with 30, 60, and 120 second expires. All you have to do is to select the asset, choose investment amount, and decide if the price will rise of fall.
Pairs: is a trading option where you predict which of two assets will perform better than the other by expiry. This is based on comparison, and exclusively the relative performance counts.
Ladder: It allows you to make multiple predictions on the same asset, enabling a wider range of opportunities to profit from.
Average returns range between 75% and 85%. One touch trades offer much higher returns of up to 500%. You can get rebates of up to 10% for out of the money trades.
You need not deposit any money or provide credit details to open an account at Bloombex. But for trading activities, you need to deposit a minimum of $300 or €300 before you can start trading. There is also a special Islamic Account offered for muslims.
Bloombex has a mobile application available for Android and iOS which allows you to easily trade over the phone wherever your are.
Payouts Percentage
85%
Withdrawal Options
PayPal, Credit Card, Bank Wire Transfer, Moneybookers
If you compare various Binary Options Brokers services you shouldn’t simply explore their list of features and offered pricing plans. Keep in mind the software should be matching your needs and team so the more flexible their offer the better. Learn which platforms are supported by Nadex and Bloombex and be certain you will obtain mobile support for whichever devices you work on in your company. It may also be a good idea to learn which languages and countries are supported, because this could be a deal breaker for many businesses.
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