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Product PlusOption vs. OptionTrade

Choosing the best binary option trading srevice for your business is difficult with various functions, choices, and terms to consider. However, depending on our website will help you to cut down the selection steps by showing all major services in one location. As an illustration, you can compare OptionTrade and PlusOption for their functions and overall scores, in this case, 8.4 and 7.9, respectively. Likewise, you can see which service has superior general user satisfaction rating: 100% (OptionTrade) and 100% (PlusOption) to determine which service is better. Don’t just start using the solution with the most attractive minimum deposit, but the platform that offers the best value.

Product

PlusOption

VS

OptionTrade

VS

Our Score

Our Score

7.9 ?

Our Score

8.4 ?

Client Satisfaction

Client Satisfaction

100% ?

Client Satisfaction

100% ?

Minimum Deposit

$250

$200

Accepts US Clients

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Detailed Review

Description

PlusOption provides users with the latest version of the SpotOption trading platform. Loaded with basic and advanced trading tools and features, SpotOption remains one of the world’s leading trading platforms because of its ease of use, flexibility, and reliability. Even novice traders with little or no experience will find the application easy to implement, allowing them to trade after a short learning period. The new SpotOption is also available for mobile devices, specifically Android and Apple iOS smartphones and tablets.

The PlusOption site also offers additional tools such as SpotFollow. This feature enables traders to follow and copy the strategies of successful traders. It also trains them on how to develop more effective trading strategies.

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.

Trade Types

PlusOption offers the following trade types:

  • Standard Call/Put Binary Options
  • Long Term
  • Pairs
  • OneTouch
  • 60 Seconds

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

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

Customer Service

EMAIL PHONE NO.
LIVE SUPPORT TRAINING
Customer Support Languages: English, Russian
Customer Service Hours: PlusOption offers customer support Monday - Friday from 08:00 GMT – 00:00 GMT.
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

Phone

+44 8006 101462 +357-24-020054

Withdrawal Options:

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

Comission

No
No
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Assets

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

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

Trading Accounts

PlusOption offers three types of trading accounts:

Mini Account

  • $250 minimum deposit
  • $25 minimum investment
  • Monthly strategy trading
  • Up to 82% payout

Popular Account

  • $500 minimum deposit
  • $25 minimum investment
  • 50% bonus
  • Up to 85% payout
  • 1 risk-free trade
  • 3% yearly interest rate
  • Strategy training on 2-week base
  • 1 SMS binary option signal a day

Premium Account

  • $3000 minimum deposit
  • 75% bonus
  • $50 minimum investment
  • Up to 87% payout
  • 3 risk-free trades
  • 5% yearly interest rate
  • Weekly strategy training
  • 2 SMS signals daily

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

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

Payout ratios

PlusOption offers payout up to 87%.

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

Payouts Percentage

87%

88%

Deposit Options

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

Located In

London, United Kingdom Cyprus

Place Trades Over Phone

No
No

Email

support@plusoption.com support@optiontrade.com
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Almost as essential as useful features and customer support responsiveness are pricing packages provided by OptionTrade and PlusOption. While price should not be a deciding factor it’s definitely an important thing to think about. You should look for a flexible pricing plan that can be matched with your company size and painlessly scaled up when your business develops. Be sure that you don’t select plans that have complex functionalities that you won’t use and always try to get in touch with the vendor directly because enterprises can often benefit from special pricing. You should also give a chance to a free trial or demo of each app to spend at least some time using it. It’s a useful experience that doesn’t require you to spend any money and offers a solid overview of what it feels like to work with OptionTrade and PlusOption.