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Software IvoryOption vs. OptionTrade

Choosing the right binary option trading srevice for your organization is not that easy with various features, options, and offers to choose from. But, depending on our website will make it possible for you to streamline the necessary steps by reading all main brokers in a single place. For example, you can compare OptionTrade and IvoryOption for their functions and overall scores, namely, 8.4 and 7.5, respectively. Likewise, you can check which service has superior general user satisfaction rating: 100% (OptionTrade) and 100% (IvoryOption) to determine which service is better. Don’t just choose the solution with the lowest minimum deposit, but the one that gives the most cost-effective value.

Software

IvoryOption

VS

OptionTrade

VS

Score

Our Score

7.5 ?

Our Score

8.4 ?

Client Experience

Client Experience

100% ?

Client Experience

100% ?

Minimum Deposit

$250

$200

Accepts US Clients

Yes
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Detailed Review

Description

Like most binary options brokers, IvoryOption uses the popular SpotOption trading platform due to its ease of use, flexibility, and reliability. SpotOption’s latest version now comes with new features on top of their essential trading tools, thus providing traders an improved trading experience. SpotOption now has mobile versions for iOS and Android devices, allowing traders to perform business using their smartphones and tablets.

The IvoryOption platform is 100% web-based and you need not download any software. All you need is an internet connection to make your trades. The platform’s pricing and execution modules are impressive, and the broker uses sophisticated technology to ensure your trading convenience, fiscal safety, and overall satisfaction.

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.

Platform

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
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

Payouts Percentage

85%

88%

Assets

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

Payout ratios

IvoryOption offers payout up to 85%.

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

Email

support@ivoryoption.com support@optiontrade.com

Place Trades Over Phone

No
No
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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

Withdrawal Options:

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

Customer Service

EMAIL PHONE NO.
LIVE SUPPORT TRAINING
Customer Support Languages: English, French, Arabic
Customer Service Hours: IvoryOption offers 24/7 customer support.
Place Trades Over the Phone?: No
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

Deposit Options

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

Located In

Gibraltar Cyprus

Trading Accounts

IvoryOption offers three types of trading accounts:

Novice Account

  • Welcome bonus
  • Account manager
  • Email updates
  • Website live support
  • Training videos

Individual Account

  • Personal trading strategies
  • Trading asset analysis
  • Trading signals by email and Skype
  • 24/7 support from a broker consultant

Executive Account

  • For experienced traders
  • All features of the above two accounts, plus:
  • Additional liquidity of funds
  • Immediate withdrawals
  • Daily signals and trade advice

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

Phone

(+44) 203-695-1604 +357-24-020054

Comission

No
No

Trade Types

IvoryOption offers the following trade types:

  • Pairs
  • Long Term
  • Short Term
  • One Touch
  • Ladder
  • Spot Follow

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

  • 60 Seconds
  • Classic Binary Option
  • Long Term
  • One Touch
  • Pairs
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You don’t want simply a wide range of features and flexible pricing plans from a well-known Binary Options Brokers. Almost as significant as main features is a quality customer support. You want to ensure that if you have any questions about OptionTrade or IvoryOption, or you struggle with some problems, or perhaps you’ll want to request a certain update or functionality useful to your business you can count on a responsive and helpful customer support. Examine if options such as phone support, tickets or live chat are available. Additionally, it’s a significant advantage if you can benefit from individual training or at least an FAQ you can use.