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Comparison OptionsXO vs. Magnum Options

Getting the most appropriate binary option trading srevice for your business is hard with a lot of functions, options, and offers to choose from. But, using our review platform will make it possible for you to cut down the selection process by reading all key providers in a single location. As an illustration, you can contrast OptionsXO and Magnum Options for their features and overall scores, in this case, 8.0 and 8.0, respectively. Similarly, you can see which broker has better general user satisfaction rating: 100% (OptionsXO) and 96% (Magnum Options) to learn which service is the better choice. Don’t simply start using the solution with the lowest minimum deposit, but the solution that gives the most cost-effective value.

Comparison

OptionsXO

VS

Magnum Options

VS

Score

Our Score

8.0 ?

Our Score

8.0 ?

Client Experience

Client Experience

100% ?

Client Experience

96% ?

Minimum Deposit

$199

$200

Accepts US Clients

Yes
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Complete Review

Description

Traders using OptionsXO will be able to enjoy the advantages of a reliable trading platform developed by Tech Financials. It offers a wide range of useful features, including live data feed and advanced charts. It’s possible to easily find all the essential elements on the front page of the platform, so if you want quick access to data there’s no need for time-consuming tab switching. You can easily locate the analysis tools as well as the most recent news in the market and the list of open positions.

Crucial elements of the platform include early closure, double up, roll over and high yield. With the early closure feature you can close a position before the contract expires. The double up feature lets you double your investment original amount. You can also make use of the rollover feature to extend the expiry time of an option. Finally, you can benefit from the roll over feature once for every option. OptionsXO also offers a reliable mobile trading platform.

Magnum Options makes use of the SpotOption trading platform, deemed as one of the most popular trading platforms in the market due to its ease of use and flexibility. It is so simple that even novice users won’t find themselves having difficulties navigating and performing trade tools and processes with SpotOption.

Assets

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

Payout ratios

Typical returns are high as 89%. High yield options can pay as much as 360%. You can also get rebates up to 15% for losing trades.

75%

Comission

No
No

Withdrawal Options:

Credit Card, Debit Card, Bank Wire Transfer, Moneybookers, CashU Credit Card, Debit Card

Platform

Platform type: Tech Financials
Platform Languages: English, Spanish, German, French, Russian, Japanese, Italian, Turkish, Arabic, Dutch, Swedish
OS Compatibility: Mac OS, iOS, Windows
Streaming News Feed: No
Email Alerts: No
Mobile Alerts: No
Platform type: SpotOption
Platform Languages: Italian
OS Compatibility: iOS, Windows
Streaming News Feed: Yes
Email Alerts: No
Mobile Alerts: No
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Trading Accounts

OptionsXO provides several efficient account types that can be easily adjusted to your preferences and needs. If you decide on a premium account you can also count on a variety of bonus features and services meant to make your trading experience even more enjoyable. The following account types are available:

MINI: minimum deposit of $250

  • Full access to trading platform
  • Commission Free
  • Access to all instrument types
  • Access to all trading assets
  • 24 hour support and assistance

SILVER: minimum deposit $2,000

  • An additional 2% return on every trade
  • Commission Free
  • Free Access to OptionsXO learning center
  • 24 hour support and assistance
  • Free trading support from market analysts and experts

GOLD: minimum deposit $5,000

  • An additional 3% return on every trade
  • Commission Free
  • Free Access to OptionsXO learning center
  • 24 hour support and assistance
  • Free trading support from market analysts and experts

PLATINUM: minimum deposit $10,000

  • An additional 4% return on every trade
  • Commission Free
  • Free Access to OptionsXO learning center
  • 24 hour support and assistance
  • Free trading support from market analysts and experts

Magnum Options offers the folllowing trading accounts:

  • Standard Account
  • Premium Account
  • Executive Account
  • Magnum Elite

Located In

United Kingdom British Anguilla

Customer Service

EMAIL PHONE NO.
LIVE SUPPORT
Customer Support Languages: English, Spanish, German, French, Russian, Japanese, Italian, Turkish, Arabic, Dutch, Swedish
Customer Service Hours: OptionsXO offers a full 24/7 customer support for its clients.
Place Trades Over the Phone?: No
EMAIL PHONE NO.
LIVE SUPPORT
Customer Support Languages: English, Italian
Customer Service Hours:
Place Trades Over the Phone?: No

Payouts Percentage

89%

85%

Trade Types

OptionsXO offers seven trade types:

  • One Touch Options
  • One Touch High Yield Options
  • Classic High/Low Options
  • Boundary Options
  • Boundary High Yield Options
  • Above/Below Options
  • 60 Second Options

Magnum Option offers the following trade types:

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

Deposit Options

Credit Card, Debit Card, Bank Wire Transfer, Moneybookers, CashU Credit Card, Debit Card, Bank Wire Transfer, CashU

Email

affiliates@optionsxo.com support@magnumoptions.com

Place Trades Over Phone

No
No

Phone

44-2034045709 1-855-217-4642

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
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In the event you continue having doubts about which app will work best in your case it may be a good idea to check out each service’s social metrics. These metrics are usually an indicator of how popular each service is and how large is its online presence. For instance, in case of Facebook OptionsXO has 0 likes on their official profile while Magnum Options profile is liked by 580 people.