Choosing the right binary option trading srevice for your business is hard with various features, choices, and terms to take note of. On the other hand, relying on our review platform will make it possible for you to streamline the selection steps by showing all crucial providers in one location.
For instance, you can match OptionTrade and Nadex for their features and overall scores, in this case, 8.4 and 9.0, respectively. Likewise, you can check which service has superior general user satisfaction rating: 100% (OptionTrade) and 98% (Nadex) to determine which solution is the better choice. Don’t just start using the service with the most attractive minimum deposit, but the one that gives the best value for your money.
Our team put a lot of effort to prepare reviews of all popular Binary Options Brokers solutions available out there, but among them these three deserved our special attention: GTOptions, Nadex, IQ Option.
Nadex Members may maintain a Direct Trading Member Account. The Exchange does not charge a membership fee for a Direct Trading Member Account.
Direct Trading Members – No minimum initial deposit and no minimum balance required afterwards
Binary Option Contracts
Entry or exit before expiration – $1 trading fee per contract
Trade expiration (in-the-money) – $1 settlement fee per contract
Trade expiration (out-of-the-money) – No settlement fee
Call Spread and Knock-Out Contracts
Entry or exit before expiration – $1 trading fee per contract
Trade expiration – $1 settlement fee per contract**
**The platform does not charge a settlement fee that exceeds your total settlement payout for a position that you held up to expiration. For instance, if your position settles in-the-money at expiration and your settlement payout is only $0.50, Nadex will only charge you $0.50 instead of $1.00.
Transaction Information
Returned Deposit/Chargeback – $25
Wire Withdrawal – $25
ACH Withdrawal – Free
Account Setup – Free
Deposits – Free
Debit Card Withdrawal – Free
Dormant Accounts (no activity for 12 consecutive months): $10.00 per month
No account will become negative
A dormant account with a $0 balance may be terminated
The premier US exchange for binary options, knock-outs, and call spreads. Nadex offers its members access to flexible trades in top markets including forex, stock indices, and commodities. It has an intuitive trading platform and is regulated by the Commodity Futures Trading Commission (CFTC).
In case you continue having second thoughts about which app will work best in your case it might be a good idea to analyze each service’s social metrics. These metrics are frequently an indicator of how popular every software is and how big is its online presence.For example, if you analyze OptionTrade LinkedIn page you’ll find out that they are followed by 0 users. In case of Nadex the volume of followers on their LinkedIn page is 6419.
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