Choosing the most appropriate binary option trading srevice for your business is complicated with a lot of functions, choices, and terms to take note of. However, depending on our review platform will help you to streamline the selection process by reading all major providers in one location.
For example, you can contrast Option888 and Interactive Option for their functions and overall scores, namely, 7.5 and 6.0, respectively. Likewise, you can see which broker has better general user satisfaction rating: 100% (Option888) and 95% (Interactive Option) to determine which one is the better choice. Don’t simply start using the service with the lowest minimum deposit, but the service that has the best value for your money.
Users who want to save some time or need a Binary Options Brokers suggestion from our experts might want to try out these top choices for this 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.
Interactive Option offers four types of trading accounts that vary depending on the starting deposit and the range of features included. The following accounts are available:
Blue Account: starting deposit of $500 – $2499
Up to 75% payout
50 tradable assets
Basic Training
Introductory webinar
eBook
Gold: starting deposit of $2500 – $9999
Up to 85% payout
70 tradable assets
Advanced Training
Personal account manager
Four free webinars
eBook
Platinum: starting deposit of $10,000 – $24,999
Up to 85% payout
100 tradable assets
Pro Training
Personal account manager
Weekly webinars
eBook
Free of charge withdrawal
VIP: starting deposit of $25,000 and more
All features of the account can be adjusted on demand
Both Option888 and Interactive Option were reviewed by a panel of independent B2B experts who prepared a thorough examination of all core elements of each app. Their ultimate score was prepared using our unique SmartScore system that gives an individual partial score to each element such as: main features, client support, mobile support, security, customer satisfaction as well as reviews in other media. Here at FinancesOnline we are aware that useful features are not the only aspect important to a company so we do our best to pay attention to all facets of a software prior to calculating its final rating.
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