Getting the most appropriate binary option trading srevice for your organization is not that easy with various functions, choices, and offers to take note of. On the other hand, using our review directory will help you to simplify the necessary steps by showing all crucial services in one place.
As an illustration, you can compare Option888 and Bloombex for their functions and overall scores, in this case, 7.5 and 7.6, respectively. Similarly, you can see which broker has superior general user satisfaction rating: 100% (Option888) and 100% (Bloombex) to find out which one is better. Don’t just start using the service with the lowest minimum deposit, but the one that has the best value.
People who want to save some time or would like to get a Binary Options Brokers suggestion from our team might want to take a look at these top choices for the current year: Nadex, GTOptions, IQ Option.
Option888 provides options on forex, commodities, stocks and indices. You can trade using the following trading types:
Digital: The typical High/Low options. You determine if the asset will fall or rise in value.
Touch: You determine if the price of a given asset will reach (or touch) a specific value within a given time period.
Range: Also referred to as a boundary trade. You decide if the asset price will remain within two preset values?
Turbo: A type for really short term binary options. Expiry times provided by the vendor are 30 seconds, 45 seconds and 5 minutes for this type of trading.
Option888 offers only a standard account which requires a minimum deposit of $250. There is a 100% welcome bonus of up to 888EUR (or USD, GBP, SEK, DKK, NOK). You can fund and withdraw from your account using wire transfer, paysafecard, SOFORT, Skrill, MasterCard, Visa, and iDEAL.
One Touch: gives you the opportunity to invest in an underlying asset which you think will exceed or reach a certain value even though it might shift from that value in the future. Once the predetermined value is reached you get paid. Trading one touch options is made possible only during weekends.
Sixty Seconds: for people in need of fast income, the SPOTFN platform enables you to ride the short term trend with 30, 60, and 120 second expires. All you have to do is to select the asset, choose investment amount, and decide if the price will rise of fall.
Pairs: is a trading option where you predict which of two assets will perform better than the other by expiry. This is based on comparison, and exclusively the relative performance counts.
Ladder: It allows you to make multiple predictions on the same asset, enabling a wider range of opportunities to profit from.
Average returns range between 75% and 85%. One touch trades offer much higher returns of up to 500%. You can get rebates of up to 10% for out of the money trades.
You need not deposit any money or provide credit details to open an account at Bloombex. But for trading activities, you need to deposit a minimum of $300 or €300 before you can start trading. There is also a special Islamic Account offered for muslims.
Bloombex has a mobile application available for Android and iOS which allows you to easily trade over the phone wherever your are.
Payouts Percentage
85%
Withdrawal Options
PayPal, Credit Card, Bank Wire Transfer, Moneybookers
Please keep in mind that while both Option888 and Bloombex may provide an excellent range of features each product could be aimed at a different company size. If you are comparing features you may want to give some attention to a company size they are meant for. Some functionalities could scale up efficiently for huge enterprises but if you have a small or medium company it’s usually more sensible to refrain paying for advanced features that you may never have a chance to use.
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