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Product OptionRally vs. Magnum Options

Choosing the most appropriate binary option trading srevice for your business is difficult with so many functions, choices, and offers to choose from. On the other hand, relying on our website will help you to streamline the selection steps by showing all main services in a single place. For example, you can compare OptionRally and Magnum Options for their functions and overall scores, namely, 8.2 and 8.0, respectively. Furthermore, you can compare which provider has superior general user satisfaction rating: 97% (OptionRally) and 96% (Magnum Options) to learn which solution is the better option. Don’t simply start using the platform with the lowest minimum deposit, but the solution that has the most cost-effective value.

Product

OptionRally

VS

Magnum Options

VS

Our Score

Our Score

8.2 ?

Our Score

8.0 ?

Customer Experience

Customer Experience

97% ?

Customer Experience

96% ?

Minimum Deposit

$250

$200

Accepts US Clients

Yes
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Detailed Review

Description

OptionRally uses web-based trading platforms which are powered by SpotOption. They are protected by the COMODO security system. The platforms are well laid out, and simple to use and navigate. You can execute a trade in 3 straightforward steps:

  • Choose an asset – some are traded only during specific days/times
  • Choose the direction of the price movement upon expiry
  • Choose the investment amount, and click “PUT” or “CALL”

OptionRally also supports platforms for various trading styles:

  • Binary Meta
  • One Touch trading platform
  • Option Builder
  • Binary Options Pro – for trades with Fixed Return Options (FROs)

Magnum Options has adopted the SpotOption trading platform, considered to be one of the most popular trading platforms in the market due to its ease of use and flexibility. It is so easy that even novice users won’t find themselves having difficulties navigating and performing trade tools and processes present at SpotOption.

Email

support@optionrally.com support@magnumoptions.com

Trade Types

OptionRally offers the following trade types:

  • Binary Meta
  • 60 Seconds
  • Option Builder
  • One Touch
  • Call and Put options

Magnum Option offers the following trade types:

  • Classic Binary Options
  • One Touch Options
  • Option Builder
  • 60 Second Options
  • Option Pro

Place Trades Over Phone

Yes
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

Phone

41-43-5507311 1-855-217-4642

Trading Accounts

OptionRally offers five types of trading accounts:

Mini Trading Account

  • Minimum deposit is $200
  • Welcome bonus is 15% of the initial deposit amount
  • Subsequent deposits get 10% bonus of the amount deposited
  • Daily and weekly market review

Standard Trading Account

  • Minimum deposit is $1,000
  • Welcome bonus is 20% of the initial deposit amount
  • Subsequent deposits get 10% of the deposited amount
  • One-time interaction with financial experts
  • OptionRally e-book
  • Market news, reviews, and analyst recommendations

Executive Trading Account

  • Minimum deposit is $5,000
  • All Standard account privileges plus a 25% welcome bonus
  • Two interactions with financial experts
  • Three daily trading tips

VIP Club Account

  • Minimum deposit of $10,000
  • Welcome bonus of 30% of the initial deposit
  • International travelling arrangements
  • Free smartphone/tablet after $15k trading
  • Three personalized consultations with financial experts
  • OptionRally e-book
  • Daily and weekly market reviews
  • Five daily trading tips
  • Traders can consult market analysts during regular trading hours
  • 15% bonus for re-deposits
  • Access to international clubs, trading tools, and exclusive information and ideas
  • Personal trading concierge

Islamic Trading Account

  • Trading with interest-free accounts

Magnum Options offers the folllowing trading accounts:

  • Standard Account
  • Premium Account
  • Executive Account
  • Magnum Elite
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Payout ratios

Average return is 78% for winning trades and a refund of 10% is offered for losing trades.

75%

Deposit Options

Webmoney, Credit Card, Bank Wire Transfer, Western Union, CashU, Skrill Credit Card, Debit Card, Bank Wire Transfer, CashU

Platform

Platform type: SpotOption
Platform Languages: English, Spanish, German, Russian, Chinese, Japanese, Turkish, Arabic
OS Compatibility: Mac OS, iOS, Windows, Android
Streaming News Feed: Yes
Email Alerts: Yes
Mobile Alerts: Yes
Platform type: SpotOption
Platform Languages: Italian
OS Compatibility: iOS, Windows
Streaming News Feed: Yes
Email Alerts: No
Mobile Alerts: No

Located In

Cyprus British Anguilla

Assets

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

Withdrawal Options:

Credit Card, Bank Wire Transfer Credit Card, Debit Card

Payouts Percentage

81%

85%

Comission

No
No

Customer Service

EMAIL PHONE NO.
LIVE SUPPORT
Customer Support Languages: English, Spanish, German, Russian, Chinese, Italian, Turkish, Arabic
Customer Service Hours: 24h
Place Trades Over the Phone?: Yes
EMAIL PHONE NO.
LIVE SUPPORT
Customer Support Languages: English, Italian
Customer Service Hours:
Place Trades Over the Phone?: No
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The services analyzed on this page are merely a small sample of our complete Binary Options Brokers category and you should take into account that there might be better services out there. If you want to guarantee you make the optimal decision for your team we definitely urge you to try out more solutions first. You can also consider to consult our top 10 Binary Options Brokers ranking to find out which apps are currently the highest-rated ones and dominate the market.