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Product PlusOption vs. OptionBit

Selecting the most appropriate binary option trading srevice for your organization is hard with various functions, choices, and offers to check. However, relying on our website will allow you to streamline the selection process by getting all main brokers in a single place. For instance, you can contrast PlusOption and OptionBit for their functions and overall scores, namely, 7.9 and 8.0, respectively. Similarly, you can compare which broker has higher general user satisfaction rating: 100% (PlusOption) and 100% (OptionBit) to determine which service is better. Don’t simply pick the platform with the most attractive minimum deposit, but the one that offers the most cost-effective value.

Product

PlusOption

VS

OptionBit

VS

Our Score

Our Score

7.9 ?

Our Score

8.0 ?

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.

OptionBit’s trading platform offers a wide range of useful resources and tools. It is user friendly and provides a “My Trades” box that indicates open trades.

OptionBit offers a range of advanced trading tools for a successful trading experience. All tools are available when trading currency digital trades only. You will be able to activate and use the trading tools starting five minutes after entering the trade and until 10 minutes before expiry. The trading tools offered are ‘Close’, ‘Extend’, and ‘Auto Trade’.

This broker also offers mobile apps compatible with Android and iOS platforms to enable trading on the go.

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, Italian
Customer Service Hours: OptionBit provides 24-hour customer support.
Place Trades Over the Phone?: No

Assets

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

Payout ratios

PlusOption offers payout up to 87%.

OptionBit allows you to earn a payout of up to 400% on your investment.

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

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: Tradologic
Platform Languages: English, Spanish, German, French, Russian, Japanese, Italian, Turkish, Arabic
OS Compatibility: Mac OS, iOS, Windows, Android
Streaming News Feed: Yes
Email Alerts: Yes
Mobile Alerts: Yes

Deposit Options

Credit Card, Debit Card Webmoney, Credit Card, Debit Card, Bank Wire Transfer, Moneybookers
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Located In

London, United Kingdom Cyprus

Withdrawal Options:

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

Email

support@plusoption.com support@optionbit.com

Payouts Percentage

87%

81%

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

OptionBit offers four types of trading accounts:

Mini Account

  • Minimum deposit is $200
  • Welcome bonus up to 30%, loyalty bonus up to 30%
  • eBook on binary options trading and trading with OptionBit
  • Personal trading analyst
  • Free trading alerts
  • Daily market review
  • Account manager
  • Training materials like financial charts and webinars
  • One free monthly withdrawal

Standard Account

  • Minimum deposit is $1000
  • Welcome bonus up to 50%, loyalty bonus up to 100%
  • All features of Mini Account, plus:
  • Soft copies of digital lessons
  • Market reviews twice daily
  • One on one trading sessions up to 5 times every day

VIP Account

  • Minimum deposit is $10,000
  • Welcome bonus up to 75%, loyalty bonus up to 100%
  • All features of Standard Account, plus:
  • Two free withdrawals per month
  • Unlimited one on one trading sessions
  • Market expert to handle your account personally

Diamond Account

  • Minimum deposit is $50,000+
  • Contact the broker for information

Trade Types

PlusOption offers the following trade types:

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

OptionBit offers the following trade types: one touch, autotrader, and classic. The broker’s Tradologic trading platform includes the following trading types: regular above/below binary options, touch trading and range, as well as “extend” and “close now” features. Option types offered on the website are digital, one touch, touch/no touch, range, and turbo.

Place Trades Over Phone

No
No

Phone

+44 8006 101462 0044 (0) 203 150 0934

Comission

No
No
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The products compared on this page are merely a sliver of our complete Binary Options Brokers category and you should remember that there could be better solutions out there. If you want to ensure you make the best possible choice for your company we strongly urge you to test more products first. You can also consider to check out our top 10 Binary Options Brokers list to see which apps are at the moment the best ones and dominate the market.