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Compare OptionTrade vs. Option FM

Choosing the most appropriate binary option trading srevice for your business is not that easy with so many functions, options, and offers to check. On the other hand, using our review directory will allow you to cut down the necessary steps by getting all key brokers in one location. For instance, you can contrast Option FM and OptionTrade for their functions and overall scores, namely, 8.0 and 8.4, respectively. Similarly, you can check which service has better general user satisfaction rating: 98% (Option FM) and 100% (OptionTrade) to determine which service is better. Don’t just start using the platform with the most attractive minimum deposit, but the platform that has the most cost-effective value.

Compare

OptionTrade

VS

Option FM

VS

Score

Our Score

8.4 ?

Our Score

8.0 ?

Client Experience

Client Experience

100% ?

Client Experience

98% ?

Minimum Deposit

$200

$250

Accepts US Clients

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Detailed Review

Description

OptionTrade offers traders their OT Trader, which is modeled after another successful trading broker called HotForex. OT Trader is a sophisticated binary trading platform built based on the experiences of the platform provider.

You can trade with ease using OptionTrade’s cutting-edge OT Trader platform. Traders can trade in more than 200 assets in 20 markets. You can manage multiple accounts in the myOptionTrade client area as well as trade on-the-go from any device. Minimum trade amount starts at $5.

The trading platform offers sophisticated trading tools and fast execution of trades. The platform is Web-based, therefore there is no need for downloads. It offers a user-friendly interface and is easy to use. The platform is integrated with all leading payment methods.

Option.FM uses the SpotOption trading platform which is innovative yet user-friendly, and offers a wide range of proprietary features. The platform makes it simple for both novices as well as experienced traders to manage risk and make informed trades. It boasts 24/7 uptime and enables traders to fine-tune every detail of their trades.

Option.FM excels in offering a wide selection of assets for traders to choose from. This broker offers more than 200 popular assets from which brokers are certain to find familiar ones that they can trade successfully. Options include major indices, commodities, stocks, and currency pairs.

Trade Types

Trading choices at OptionTrade include the usual trading types such as:

  • 60 Seconds
  • Classic Binary Option
  • Long Term
  • One Touch
  • Pairs

Option.FM offers four trade types:

  • One Touch
  • 60 Seconds
  • Long Term
  • Binary Options

Comission

No
No

Withdrawal Options:

Webmoney, Credit Card, Bank Wire Transfer, Neteller Credit Card, Debit Card

Customer Service

EMAIL PHONE NO.
LIVE SUPPORT TRAINING
Customer Support Languages: English, Spanish, German, French, Russian, Chinese, Italian, Arabic
Customer Service Hours: OptionTrade provides 24-hour customer support.
Place Trades Over the Phone?: No
EMAIL PHONE NO.
LIVE SUPPORT TRAINING
Customer Support Languages: English, Spanish, German, French, Russian, Italian, Arabic, Dutch
Customer Service Hours: Option.FM provides 24-hour customer support.
Place Trades Over the Phone?: No

Platform

Platform type: OT Trader
Platform Languages: English, Spanish, German, French, Russian, Chinese, Italian, Arabic, Swedish
OS Compatibility: Mac OS, Windows
Streaming News Feed: Yes
Email Alerts: No
Mobile Alerts: No
Platform type: SpotOption
Platform Languages: English
OS Compatibility: Mac OS, iOS, Windows, Android
Streaming News Feed: Yes
Email Alerts: Yes
Mobile Alerts: Yes
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Trading Accounts

OptionTrade offers three types of trading accounts:

Standard Account – Minimum deposit of $200

  • Cash match bonus
  • Payout up to 83%     
  • Free demo account   
  • 80+ assets
  • Convenient account funding options  
  • Quick and easy withdrawals   
  • User-friendly interface
  • Trading instruments: Forex, Indices, Commodities, Share CFDs
  • Multiple accounts, one login  
  • 24/5 multilingual support        
  • Mobile trading
  • Client protection insurance     
  • Real-time statistical reports    
  • Binary options educational resources

Premium  Account – Minimum deposit of $1000

  • Cash match bonus
  • Payout up to 85%     
  • Free demo account   
  • 120+ assets
  • Convenient account funding options  
  • Quick and easy withdrawals   
  • User-friendly interface
  • Trading instruments: Forex, Indices, Commodities, Share CFDs
  • Multiple accounts, one login  
  • 24/5 multilingual support        
  • Mobile trading
  • Client protection insurance     
  • Real-time statistical reports    
  • Binary options educational resources

VIP Account – Minimum deposit of $5000

  • Personal account manager
  • Cash match bonus
  • Payout up to 88%     
  • Free demo account   
  • 180+ assets
  • Convenient account funding options  
  • Quick and easy withdrawals   
  • User-friendly interface
  • Trading instruments: Forex, Indices, Commodities, Share CFDs
  • Multiple accounts, one login  
  • 24/5 multilingual support        
  • Mobile trading
  • Client protection insurance     
  • Real-time statistical reports    
  • Binary options educational resources

Option.FM offers seven types of trading accounts:

Newbie – 250+

  • Trading Manual

Start-Up – 2,500+

  • Trading Manual
  • OFM Rewards Access
  • Trading Packages
  • 1 Educational Session

Entrepreneur – 5,000+

  • All features in Start-Up plan
  • 2 Educational Sessions
  • 3 Protected Trades

Top Exec – 10,000+

  • All features in Entrepreneur plan
  • 3 Educational Sessions

CEO – 25,000+

  • All features in Top Exec plan
  • Class B Trades
  • Class A Trades
  • 4 Education Sessions
  • Enhanced Return on Investments

Financier – 40,000+

  • All features in CEO plan
  • 4+ Education Sessions
  • Suited Trading Portfolio

Mogul – 100,000+

  • All features in Financier plan
  • Unlimited Education Sessions
  • Vacation Packages

Place Trades Over Phone

No
No

Bonuses & Rewards

No Deposit Bonus: No
Bonus for First Deposit: No
Is the Bonus Based on the Volume of the Transaction?: No
Other Bonuses: No
No Deposit Bonus: No
Bonus for First Deposit: No
Is the Bonus Based on the Volume of the Transaction?: No
Other Bonuses: No

Payouts Percentage

88%

91%

Phone

+357-24-020054 +44-207097326

Located In

Cyprus Belize

Assets

Forex, Metals, Oil, Gold, Indices, Stocks, Commodities Forex, Metals, Oil, Gold, Indices, Stocks, Commodities

Payout ratios

Payout ratios offered by OptionTrade are available for up to 88%.

Option.FM offers returns up to 91%.

Deposit Options

Webmoney, Credit Card, Bank Wire Transfer, Neteller Credit Card, Debit Card, Bank Wire Transfer

Email

support@optiontrade.com cs@option.fm
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No Binary Options Brokers will be able to cater to all the needs of a specific team. While core features of Option FM and OptionTrade are important you should also carefully examine the integrations offered by each product. In many cases your team will already be using other types of B2B software in your company and it’s always more beneficial to choose solutions that integrate well with each other. That way you will be able to ensure a reliable exchange of information between your teams and software used, which can really reduce time devoted to migrating between one solution and the next.