Selecting the best binary option trading srevice for your organization is not that easy with a lot of functions, choices, and offers to take note of. On the other hand, relying on our review directory will help you to simplify the selection steps by displaying all major providers in one location.
For instance, you can compare Nadex and GrandOption for their tools and overall scores, namely, 9.0 and 7.6, respectively. Likewise, you can check which service has superior general user satisfaction rating: 98% (Nadex) and 98% (GrandOption) to determine which service is the better choice. Don’t just choose the platform with the lowest minimum deposit, but the one that gives the best value for your money.
We know that not all companies have the time to test a wide range of various products, so we created a list of recommendations that you may find useful. Our top choices 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).
You should keep in mind that even though both Nadex and GrandOption may offer a top quality range of features every solution might be created for a different company size. If you are comparing features you should pay attention to a company size they are aimed at. Specific features may scale up with no problem for large enterprises but if you run a small or medium business it’s often better to refrain paying for complex features that you may never have a chance to use.
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