Getting the right binary option trading srevice for your company is complicated with so many functions, choices, and terms to consider. On the other hand, using our website will allow you to simplify the selection steps by reading all crucial providers in a single location.
As an illustration, you can compare PlusOption and Nadex for their tools and overall scores, namely, 7.9 and 9.0, respectively. Furthermore, you can compare which provider has higher general user satisfaction rating: 100% (PlusOption) and 98% (Nadex) to learn which solution is the better option. Don’t just choose the solution with the lowest minimum deposit, but the platform that offers the most cost-effective value.
At this time, the leading services in our Binary Options Brokers category are: 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 the event you continue having doubts about which product will be best for your business it may be a sound idea to analyze each service’s social metrics. Such metrics are quite often a sign of how popular a given software is and how wide is its online presence. For example, in case of Facebook PlusOption has 0 likes on their official page while Nadex profile is liked by 12566 people.
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