Selecting the right binary option trading srevice for your company is complicated with too much functions, options, and offers to choose from. But, depending on our review directory will help you to cut down the selection steps by getting all major providers in a single location.
As an illustration, you can contrast Nadex and OptionBit for their tools and overall scores, namely, 9.0 and 8.0, respectively. Furthermore, you can compare which provider has higher general user satisfaction rating: 98% (Nadex) and 100% (OptionBit) to learn which solution is better. Don’t just pick the solution with the lowest minimum deposit, but the platform that gives the best value for your money.
At the moment, the most significant services in our Binary Options Brokers category are: GTOptions, IQ Option, 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).
OptionBit offers the following trade types: one touch, autotrader, and classic. The broker’s Tradologic trading platform includes the following trading types: regular above/below binary options, touch trading and range, as well as “extend” and “close now” features. Option types offered on the website are digital, one touch, touch/no touch, range, and turbo.
Both Nadex and OptionBit were tested by a team of reliable B2B experts who carried out a thorough study of all important elements of every software. Their final rating was calculated using our unique SmartScore model which calculates an individual partial score to each element such as: main features, customer support, mobile device support, security, user satisfaction and market presence. We know useful features are not the only thing important to a company so we make an effort to pay attention to all facets of a app before calculating its final rating.
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