Getting the most appropriate binary option trading srevice for your business is not that easy with too much features, choices, and offers to choose from. But, relying on our review directory will help you to cut down the selection steps by showing all main services in a single place.
As an illustration, you can compare Nadex and Redwood Options for their tools and overall scores, namely, 9.0 and 7.5, respectively. Likewise, you can check which provider has better general user satisfaction rating: 98% (Nadex) and 99% (Redwood Options) to determine which one is better. Don’t just pick the platform with the most attractive minimum deposit, but the service that has the most cost-effective value.
We know that not all companies have the time to try out a wide range of different solutions, so we prepared a list of recommendations that you may find useful. Our top choices for the Binary Options Brokers category are: 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 case you continue having second thoughts about which app will be best for your business it might be a sound idea to examine each service’s social metrics. Such metrics are quite often a sign of how popular each software is and how extensive is its online presence. For instance, in case of Facebook Nadex has 12566 likes on their official page while Redwood Options profile is liked by 0 users.
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