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Comparison OptionTrade vs. 24bulls

Getting the right binary option trading srevice for your business is not that easy with too much functions, choices, and offers to choose from. On the other hand, using our review directory will make it possible for you to streamline the necessary steps by getting all crucial services in a single location. As an illustration, you can contrast OptionTrade and 24bulls for their tools and overall scores, in this case, 8.4 and 7.9, respectively. Furthermore, you can check which provider has better general user satisfaction rating: 100% (OptionTrade) and 100% (24bulls) to determine which service is the better option. Don’t simply pick the solution with the lowest minimum deposit, but the one that offers the best value for your money.

Comparison

OptionTrade

VS

24bulls

VS

Total Score

Our Score

8.4 ?

Our Score

7.9 ?

Client Experience

Client Experience

100% ?

Client Experience

100% ?

Minimum Deposit

$200

$250

Accepts US Clients

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Full 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.

24bulls uses a trading platform powered by TradeSmarter. There is no download required as the platform is 100% web-based. It can be easily accessed on any personal computer, smartphone, or tablet.

Reuters provides all market data and you can see the calculations of the expiration prices from the asset index. To view your transactions history, you need to click on the My Trades tab in the platform and then click on My Transactions.

You can trade on a wide variety of financial assets. This gives a number of benefits, including portfolio diversification and the flexibility to capitalize on fast moving market opportunities. The platform provides something to trade even when market volatility is low.

Assets

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

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

24bulls offers the following types of trading accounts:

Starter Basic Account – $250 to $499

  • Daily market updates by email
  • Access to full range of FX currency pairs, stocks, and commodities
  • Online execution of trades

Starter Plus Account – $500 to $999

  • Daily market updates by email
  • Binary options on over 90 trading instruments in 4 major asset classes
  • Live tutorials and webinar invitations
  • Personal account manager
  • Free training & support
  • Online execution of trades
  • 24/6 live chat support

Standard Account – $1000 to $2,499

  • Daily market updates by email and phone
  • Daily access to our analyst desk and dealing room
  • Binary options on over 90 trading instruments in 4 major asset classes
  • Live tutorials and webinar invitations
  • Personal account executive
  • Higher ongoing bonus offers
  • Free training & support
  • Online execution of trades
  • 24/6 live chat support

Premium Account – $2,500 to $5,000

  • Daily market updates by email and phone
  • Daily access to our analyst desk and dealing room
  • Binary options on over 90 trading instruments in 4 major asset classes
  • Live tutorials and webinar invitations
  • Personal account executive
  • Exclusive promotions and bonus offers
  • Free training & support
  • Online execution of trades
  • 24/6 live chat support

Islamic Account

24bulls offers an Islamic account for Muslim clients with all the benefits of the Standard and Premium packages, including support from a Personal Account Manager trained in cultural aspects and restrictions related to Islamic accounts.

Payouts Percentage

88%

85%

Payout ratios

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

24bulls offers returns of up to 85%.

Phone

+357-24-020054 +357-2223-2295
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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

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 TRAINING
Customer Support Languages: English, Spanish, French, Arabic
Customer Service Hours: Customer support is available Monday to Friday from 6:30 to 17:00 GMT. During off market hours you can reach them by live chat or email.
Place Trades Over the Phone?: 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: TradeSmarter
Platform Languages: English, Spanish, French, Russian, Chinese, Italian, Turkish, Arabic, Dutch, Swedish
OS Compatibility: Mac OS, Windows
Streaming News Feed: No
Email Alerts: No
Mobile Alerts: Yes

Located In

Cyprus Cyprus

Withdrawal Options:

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

Email

support@optiontrade.com support@24bulls.com

Deposit Options

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

Comission

No
Yes

Trade Types

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

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

24bulls offers three trade types:

  • 60 Seconds
  • Options Builder
  • High/Low

Place Trades Over Phone

No
No
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Almost as essential as features and user support responsiveness are pricing options given by OptionTrade and 24bulls. Although price should not be a deciding factor it’s without a doubt a key thing to think about. You should count on a flexible pricing plan that can be adjusted to your company size and easily scaled up when your team expands. Be sure that you don’t opt for pricing plans that have extra functionalities that you won’t find useful and always make an effort to contact with the vendor directly because enterprises can usually benefit from more affordable prices. You should also check out a free trial or demo of every software to spend at least some time on actual work with the system. It’s a helpful experience that doesn’t require you to pay any money and offers a solid overview of what it’s like to work with OptionTrade and 24bulls.