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Product OptionTrade vs. BKTrading

Selecting the right binary option trading srevice for your company is not that easy with so many features, choices, and terms to consider. On the other hand, depending on our review directory will allow you to streamline the selection steps by displaying all major services in a single place. For instance, you can compare OptionTrade and BKTrading for their features and overall scores, in this case, 8.4 and 7.7, respectively. Similarly, you can see which provider has superior general user satisfaction rating: 100% (OptionTrade) and 100% (BKTrading) to find out which solution is better. Don’t just pick the service with the most attractive minimum deposit, but the service that offers the best value.

Product

OptionTrade

VS

BKTrading

VS

Total Score

Our Score

8.4 ?

Our Score

7.7 ?

Client Experience

Client Experience

100% ?

Client Experience

100% ?

Minimum Deposit

$200

$10

Accepts US Clients

Yes
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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.

BKTrading uses the latest version of the SpotOption trading platform to make it easy for their clients to engage in trades and achieve significant success. Because it is easy to use and loaded with essential and advanced trading tools, SpotOption has become the most popular trading platform for many binary options brokers. SpotOption now has mobile versions compatible with Android and iOS devices.

You need not install any software as BKTrading is a web-based trading platform. Simply log in to your account and trade on any device with an internet connection. You can view all your deposits, withdrawals, and portfolio history in the My Account section.

The homepage of the trading platform contains the Asset Index which provides a detailed list of all the available assets, their description, expiry times, symbol, and trading hours.

Withdrawal Options:

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

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

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

BKTrading offers the following trading accounts:

Basic Account: minimum investment of $10

  • Chat and telephone support

Standard Account: minimum investment of $1000

  • All Basic account features
  • Quick withdrawals
  • AutoTrading tools

Trader Account: minimum investment of $10,000

  • All Standard account features
  • One to One
  • Exclusive account executive
  • Market signals

VIP Account: minimum investment of $50,000

  • All Trader account features
  • Investment consultant
  • Exclusive market analyst
  • 3% extra ROI on every operation
  • Immediate withdrawals
  • SMS market signals

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

Located In

Cyprus Barcelona, Spain

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, Russian, Arabic
Customer Service Hours: BKTrading provides 24/7 customer support.
Place Trades Over the Phone?: No
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Comission

No
No

Place Trades Over Phone

No
No

Payouts Percentage

88%

85%

Deposit Options

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

Phone

+357-24-020054 +34 931 845838

Email

support@optiontrade.com support@bktrading.com

Assets

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

Trade Types

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

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

BKTrading offers the following trade types:

  • High / Low
  • One Touch
  • 60 Seconds
  • Long Term
  • Touch Options
  • Pair Options
  • Ladder Options
  • ProFollow

Payout ratios

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

The average payout ratio offered by this broker is 85%.

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No Binary Options Brokers will be perfect enough to solve all the needs of a business. Even though main features of OptionTrade and BKTrading should matter you should also thoroughly examine the integrations offered by every service. In many cases your team will already be working with some other B2B software in your company and it’s much more beneficial to select solutions that integrate well with one another. If you do that you will be able to ensure a smooth transfer of data between your teams and apps, which can considerably reduce time spent on migrating between one service and the other.