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Software OptionBit vs. OptionsXO

Getting the right binary option trading srevice for your organization is difficult with too much features, choices, and terms to choose from. However, using our website will make it possible for you to cut down the selection process by reading all major brokers in a single location. As an illustration, you can compare OptionsXO and OptionBit for their features and overall scores, namely, 8.0 and 8.0, respectively. Similarly, you can see which broker has superior general user satisfaction rating: 100% (OptionsXO) and 100% (OptionBit) to determine which service is the better option. Don’t simply pick the service with the most attractive minimum deposit, but the platform that has the best value for your money.

Software

OptionBit

VS

OptionsXO

VS

Score

Our Score

8.0 ?

Our Score

8.0 ?

Client Experience

Client Experience

100% ?

Client Experience

100% ?

Minimum Deposit

$200

$199

Accepts US Clients

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Full Review

Description

OptionBit’s trading platform offers a wide range of useful resources and tools. It is user friendly and provides a “My Trades” box that indicates open trades.

OptionBit offers a range of advanced trading tools for a successful trading experience. All tools are available when trading currency digital trades only. You will be able to activate and use the trading tools starting five minutes after entering the trade and until 10 minutes before expiry. The trading tools offered are ‘Close’, ‘Extend’, and ‘Auto Trade’.

This broker also offers mobile apps compatible with Android and iOS platforms to enable trading on the go.

Traders using OptionsXO can enjoy the benefits of a powerful trading platform provided by Tech Financials. It provides a wide range of excellent tools, such as live data feed and advanced charts. You can quickly locate all the key elements on the front page of the platform, so if you want fast access to data there’s no need for time-consuming tab switching. You can quickly find the analysis tools as well as the most recent news in the market and the list of open positions.

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

Withdrawal Options:

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

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

Deposit Options

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

Comission

No
No

Payouts Percentage

81%

89%

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Payout ratios

OptionBit allows you to earn a payout of up to 400% on your investment.

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.

Place Trades Over Phone

No
No

Trade Types

OptionBit offers the following trade types: one touch, autotrader, and classic. The broker’s Tradologic trading platform includes the following trading types: regular above/below binary options, touch trading and range, as well as “extend” and “close now” features. Option types offered on the website are digital, one touch, touch/no touch, range, and turbo.

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

Phone

0044 (0) 203 150 0934 44-2034045709

Located In

Cyprus United Kingdom

Customer Service

EMAIL PHONE NO.
LIVE SUPPORT TRAINING
Customer Support Languages: English, Spanish, German, French, Russian, Italian
Customer Service Hours: OptionBit provides 24-hour customer support.
Place Trades Over the Phone?: No
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

Trading Accounts

OptionBit offers four types of trading accounts:

Mini Account

  • Minimum deposit is $200
  • Welcome bonus up to 30%, loyalty bonus up to 30%
  • eBook on binary options trading and trading with OptionBit
  • Personal trading analyst
  • Free trading alerts
  • Daily market review
  • Account manager
  • Training materials like financial charts and webinars
  • One free monthly withdrawal

Standard Account

  • Minimum deposit is $1000
  • Welcome bonus up to 50%, loyalty bonus up to 100%
  • All features of Mini Account, plus:
  • Soft copies of digital lessons
  • Market reviews twice daily
  • One on one trading sessions up to 5 times every day

VIP Account

  • Minimum deposit is $10,000
  • Welcome bonus up to 75%, loyalty bonus up to 100%
  • All features of Standard Account, plus:
  • Two free withdrawals per month
  • Unlimited one on one trading sessions
  • Market expert to handle your account personally

Diamond Account

  • Minimum deposit is $50,000+
  • Contact the broker for information

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

Email

support@optionbit.com affiliates@optionsxo.com

Platform

Platform type: Tradologic
Platform Languages: English, Spanish, German, French, Russian, Japanese, Italian, Turkish, Arabic
OS Compatibility: Mac OS, iOS, Windows, Android
Streaming News Feed: Yes
Email Alerts: Yes
Mobile Alerts: Yes
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

Assets

Oil, Gold, Indices, Stocks, Commodities Forex, Oil, Gold, Indices, Stocks, Commodities
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Please keep in mind that while both OptionsXO and OptionBit may provide an outstanding array of features every app may be created for a different company size. If you are analyzing various solutions you may want to focus on a business size they are aimed at. Some elements might scale up with no problem for large enterprises but if you own a small or mid-sized business it’s often more sensible to refrain paying for customized functionalities that you may never use.