Choosing the right binary option trading srevice for your company is complicated with too much features, options, and terms to take note of. On the other hand, depending on our review directory will allow you to cut down the selection steps by reading all major brokers in a single location.
For example, you can match Nadex and PlusOption for their tools and overall scores, namely, 9.0 and 7.9, respectively. Likewise, you can see which provider has higher general user satisfaction rating: 98% (Nadex) and 100% (PlusOption) to find out which one is better. Don’t just pick the platform with the most attractive minimum deposit, but the platform that has the best value for your money.
We are aware that not all businesses have enough time to try out a large number of different services, so we prepared a list of suggestions that you may find useful. Our top selections for the Binary Options Brokers category are: IQ Option, Nadex, 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).
It may not always be enough to just compare Nadex and PlusOption with each other. While specific features, pricing plans and customer reviews are all crucial and should be taken into account when making a final choice, you should also take a look at the recognition and awards merited by every software. In many cases a less dominant product may turn out to be an excellent choice that was distinguished with industry awards such as our Supreme Software Award which shows that regardless of limited market popularity it’s a worthy rival to the software that dominate the market.
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