Choosing the best binary option trading srevice for your organization is hard with so many functions, choices, and terms to consider. But, depending on our website will make it possible for you to simplify the selection steps by getting all main brokers in one location.
For instance, you can compare Nadex and HY Options for their features and overall scores, namely, 9.0 and 8.0, respectively. Furthermore, you can check which service has higher general user satisfaction rating: 98% (Nadex) and 96% (HY Options) to determine which service is the better option. Don’t just choose the platform with the lowest minimum deposit, but the solution that has the best value for your money.
We did our best to prepare reviews of all popular Binary Options Brokers solutions that you can find on the market, but among all the ones we reviewed these three caught our special attention: 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).
You should pay attention to the fact that while both Nadex and HY Options may have an excellent set of features every service could be aimed at a different company size. If you are comparing features you should pay attention to a company size they are aimed at. Specific features could scale up well for huge enterprises but if you have a small or mid-sized business it’s usually better to avoid paying for advanced features that you may never use.
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