Choosing the best binary option trading srevice for your business is not that easy with various functions, choices, and terms to check. However, depending on our review platform will make it possible for you to cut down the necessary steps by getting all main providers in a single location.
As an illustration, you can match Nadex and MarketsWorld for their tools and overall scores, namely, 9.0 and 8.2, respectively. Furthermore, you can check which provider has higher general user satisfaction rating: 98% (Nadex) and 100% (MarketsWorld) to learn which one is the better option. Don’t simply start using the service with the most attractive minimum deposit, but the platform that gives the best value.
We did our best to review all popular Binary Options Brokers solutions available on the market, but among them these three deserved 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).
The minimum deposit required to open an account is just $20 / £20 / €20 and the trade amounts range from just $1 / £1 / €1 to a maximum of $1,000 / £1,000 / €1,000.
Almost as essential as features and customer support quality are pricing plans provided by Nadex and MarketsWorld. Even though cost should not be the only aspect it’s without a doubt a significant thing to think about. You should count on a flexible pricing package that can be matched with your business size and painlessly scaled up when your business grows. Make sure you don’t choose pricing plans that include extra functionalities that you won’t use and always try to get in touch with the vendor directly because big companies can frequently count on special pricing. You should also check out a free trial or demo of every product to spend at least some time on actual work with the system. It’s a helpful experience that doesn’t require you to pay any money and offers a solid overview of what it’s like to work with Nadex and MarketsWorld.
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