Selecting the most appropriate binary option trading srevice for your business is hard with so many features, options, and terms to take note of. But, depending on our review platform will make it possible for you to cut down the selection steps by reading all crucial services in one location.
As an illustration, you can match Nadex and ZoomTrader for their tools and overall scores, namely, 9.0 and 7.5, respectively. Similarly, you can check which provider has superior general user satisfaction rating: 98% (Nadex) and 100% (ZoomTrader) to find out which solution is the better option. Don’t simply start using the platform with the lowest minimum deposit, but the one that has the most cost-effective value.
Our experts made sure to review all popular Binary Options Brokers services available on the market, but among all the ones we reviewed these three deserved our special attention: 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).
ZoomTrader is a premier option trading platform, providing traders and investors the ability to trade stocks, indices, currency pairs, and commodities.
Every time you test different Binary Options Brokers services you shouldn’t only analyze their features list and offered pricing plans. Keep in mind the service must be meeting your standards and business so the more flexible their offer the better. Explore which platforms are supported by Nadex and ZoomTrader and ensure you will obtain mobile support for whatever devices you use in your company. It may also be a good idea to learn which languages and geographies are supported, as this may be a key element for many businesses.
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