Getting the most appropriate binary option trading srevice for your business is not that easy with so many features, choices, and terms to take note of. On the other hand, relying on our review platform will make it possible for you to cut down the selection steps by displaying all key brokers in a single place.
As an illustration, you can contrast Nadex and Porter Finance for their functions and overall scores, namely, 9.0 and 8.0, respectively. Likewise, you can check which service has higher general user satisfaction rating: 98% (Nadex) and 96% (Porter Finance) to find out which service is better. Don’t simply pick the platform with the most attractive minimum deposit, but the platform that offers the most cost-effective value.
We did our best to review all popular Binary Options Brokers services offered on the market, but among them these three deserved 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).
In the event you are still having doubts about which solution will be best in your case it might be a sound idea to check out each service’s social metrics. These metrics are frequently a way to see how popular every service is and how extensive is its online presence.For example, if you look at Nadex LinkedIn page you’ll see that they are followed by 6419 people. In case of Porter Finance the amount of followers on their LinkedIn page is 0.
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