Selecting the right binary option trading srevice for your company is hard 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 getting all crucial providers in one place.
For example, you can contrast Option888 and CloseOption for their tools and overall scores, in this case, 7.5 and 8.5, respectively. Likewise, you can check which provider has better general user satisfaction rating: 100% (Option888) and 97% (CloseOption) to find out which one is the better option. Don’t just choose the platform with the most attractive minimum deposit, but the solution that has the best value for your money.
We realize that not all businesses have the time to scrutinize a wide range of different products, so we prepared a list of suggestions that you may find useful. Our top choices for the Binary Options Brokers category are: GTOptions, IQ Option, Nadex.
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.
There are three account types available to a user once they sign up. These are the Demo, Real, and Contest accounts.
Demo. Like other binary options platforms, CloseOption provides users a demo account to try out the platform and test their strategies without any financial commitment. It provides users with real-time data to base their risk-free trades while only using virtual money.
Real. This is a live account where users can deposit real currency. There are three balances available: a Wallet for storing money, Real Account Balance for traditional currencies, and a Crypto Balance for Cryptocurrencies.
Contest. This is the account that CloseOption traders use to join weekly trading contests. Initially, the broker offers a virtual balance that users can use for competitive trading to win cash prizes.
Payouts Percentage
Up to 80%
Withdrawal Options
Webmoney, PayPal, Credit Card, Debit Card, Bank Wire Transfer
Assets
Forex
Available Support
email
phone
live support
training
tickets
General Info
A binary options broker that provides intuitive currency-pair trading options instruments and a trading platform simple enough for novice traders. CloseOption has been recognized with our Rising Star Award for 2021.
If you are still having doubts about which software will perform best in your case it might be a sensible idea to investigate each service’s social metrics. Such metrics are frequently an indicator of how popular every product is and how wide is its online presence.For example, if you analyze Option888 LinkedIn profile you’ll learn that they are followed by 0 people. In case of CloseOption the amount of followers on their LinkedIn page is 0.
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