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Compare OptionTrade vs. OptionsXO

Choosing the most appropriate binary option trading srevice for your organization is difficult with various features, choices, and offers to check. However, depending on our website will help you to streamline the selection process by showing all key providers in a single location. As an illustration, you can match OptionsXO and OptionTrade for their functions and overall scores, namely, 8.0 and 8.4, respectively. Furthermore, you can see which service has superior general user satisfaction rating: 100% (OptionsXO) and 100% (OptionTrade) to find out which one is better. Don’t simply pick the solution with the lowest minimum deposit, but the service that gives the most cost-effective value.

Compare

OptionTrade

VS

OptionsXO

VS

Score

Our Score

8.4 ?

Our Score

8.0 ?

Client Satisfaction

Client Satisfaction

100% ?

Client Satisfaction

100% ?

Minimum Deposit

$200

$199

Accepts US Clients

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Detailed Review

Description

OptionTrade offers traders their OT Trader, which is modeled after another successful trading broker called HotForex. OT Trader is a sophisticated binary trading platform built based on the experiences of the platform provider.

You can trade with ease using OptionTrade’s cutting-edge OT Trader platform. Traders can trade in more than 200 assets in 20 markets. You can manage multiple accounts in the myOptionTrade client area as well as trade on-the-go from any device. Minimum trade amount starts at $5.

The trading platform offers sophisticated trading tools and fast execution of trades. The platform is Web-based, therefore there is no need for downloads. It offers a user-friendly interface and is easy to use. The platform is integrated with all leading payment methods.

Traders using OptionsXO will be able to enjoy the benefits of a powerful trading platform provided by Tech Financials. It provides a wide range of excellent features, such as live data feed and advanced charts. It’s possible to easily locate all the essential features on the front panel of the platform, so if you need quick access to information there’s no need for time-consuming tab switching. You can quickly locate the analysis tools as well as the latest news in the market and the list of open positions.

Crucial features of the platform include early closure, double up, roll over and high yield. Thanks to 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 use 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 supports a reliable mobile trading platform.

Withdrawal Options:

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

Phone

+357-24-020054 44-2034045709

Deposit Options

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

Trade Types

Trading choices at OptionTrade include the usual trading types such as:

  • 60 Seconds
  • Classic Binary Option
  • Long Term
  • One Touch
  • Pairs

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

Assets

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

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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Located In

Cyprus United Kingdom

Customer Service

EMAIL PHONE NO.
LIVE SUPPORT TRAINING
Customer Support Languages: English, Spanish, German, French, Russian, Chinese, Italian, Arabic
Customer Service Hours: OptionTrade 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

Comission

No
No

Platform

Platform type: OT Trader
Platform Languages: English, Spanish, German, French, Russian, Chinese, Italian, Arabic, Swedish
OS Compatibility: Mac OS, Windows
Streaming News Feed: Yes
Email Alerts: No
Mobile Alerts: No
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

Payout ratios

Payout ratios offered by OptionTrade are available for up to 88%.

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.

Trading Accounts

OptionTrade offers three types of trading accounts:

Standard Account – Minimum deposit of $200

  • Cash match bonus
  • Payout up to 83%     
  • Free demo account   
  • 80+ assets
  • Convenient account funding options  
  • Quick and easy withdrawals   
  • User-friendly interface
  • Trading instruments: Forex, Indices, Commodities, Share CFDs
  • Multiple accounts, one login  
  • 24/5 multilingual support        
  • Mobile trading
  • Client protection insurance     
  • Real-time statistical reports    
  • Binary options educational resources

Premium  Account – Minimum deposit of $1000

  • Cash match bonus
  • Payout up to 85%     
  • Free demo account   
  • 120+ assets
  • Convenient account funding options  
  • Quick and easy withdrawals   
  • User-friendly interface
  • Trading instruments: Forex, Indices, Commodities, Share CFDs
  • Multiple accounts, one login  
  • 24/5 multilingual support        
  • Mobile trading
  • Client protection insurance     
  • Real-time statistical reports    
  • Binary options educational resources

VIP Account – Minimum deposit of $5000

  • Personal account manager
  • Cash match bonus
  • Payout up to 88%     
  • Free demo account   
  • 180+ assets
  • Convenient account funding options  
  • Quick and easy withdrawals   
  • User-friendly interface
  • Trading instruments: Forex, Indices, Commodities, Share CFDs
  • Multiple accounts, one login  
  • 24/5 multilingual support        
  • Mobile trading
  • Client protection insurance     
  • Real-time statistical reports    
  • Binary options educational resources

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

Payouts Percentage

88%

89%

Email

support@optiontrade.com affiliates@optionsxo.com

Place Trades Over Phone

No
No
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Please note that even though both OptionsXO and OptionTrade may have an outstanding array of features every software could be created for a different business size. If you are studying different apps you may want to focus on a company size they are aimed at. Specific functionalities could scale up with no problem for huge enterprises but if you have a small or mid-sized company it’s frequently more sensible to stay away from paying for advanced functionalities that you might never use.