Selecting the best binary option trading srevice for your business is not that easy with so many functions, choices, and offers to consider. On the other hand, relying on our review platform will allow you to simplify the selection steps by reading all crucial providers in a single place.
For example, you can compare Nadex and OptionTrade for their tools and overall scores, namely, 9.0 and 8.4, respectively. Likewise, you can see which provider has better general user satisfaction rating: 98% (Nadex) and 100% (OptionTrade) to determine which service is better. Don’t simply choose the service with the most attractive minimum deposit, but the service that gives the best value.
In case you you would like to quickly identify the top Binary Options Brokers according to our review team we suggest you try out the following services: Nadex, GTOptions, IQ Option.
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).
Almost as crucial as useful features and client support level are pricing plans made available by Nadex and OptionTrade. While pricing should not be a deciding element it’s definitely a significant thing to think about. You should expect a flexible pricing package that can be matched with your company size and easily scaled up when your team develops. You should be certain you don’t opt for packages that include complex functionalities that you won’t find a use for and always try to get in touch with the vendor directly because big companies can often benefit from special pricing. You should also check out a free trial or demo of every software to spend at least some time using it. It’s a helpful experience that doesn’t need you to pay any money and provides you with a practical overview of what it’s like to work with Nadex and OptionTrade.
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