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Comparison PlusOption vs. OptionTrade

Selecting the best binary option trading srevice for your business is difficult with a lot of functions, options, and offers to check. On the other hand, depending on our review directory will help you to streamline the selection process by showing all main brokers in a single location. For example, you can compare PlusOption and OptionTrade for their tools and overall scores, namely, 7.9 and 8.4, respectively. Likewise, you can compare which service has higher general user satisfaction rating: 100% (PlusOption) and 100% (OptionTrade) to determine which service is the better choice. Don’t just pick the solution with the most attractive minimum deposit, but the one that offers the best value.

Comparison

PlusOption

VS

OptionTrade

VS

Score

Our Score

7.9 ?

Our Score

8.4 ?

Customer Experience

Customer Experience

100% ?

Customer Experience

100% ?

Minimum Deposit

$250

$200

Accepts US Clients

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Complete 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.

Email

support@plusoption.com support@optiontrade.com

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

Assets

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

Phone

+44 8006 101462 +357-24-020054

Deposit Options

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

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

Located In

London, United Kingdom Cyprus

Comission

No
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: 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

Withdrawal Options:

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

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

Payout ratios

PlusOption offers payout up to 87%.

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

Payouts Percentage

87%

88%

Place Trades Over Phone

No
No
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Both PlusOption and OptionTrade were reviewed by a team of independent B2B experts who carried out a full study of all important elements of each software. Their total rating was calculated using our unique SmartScore model which gives an individual partial score to each factor such as: main functionalities, customer support, mobile support, security, user satisfaction as well as reviews in other media. We realize useful features are not the only aspect essential to a company so we do our best to pay attention to all sides of a service before calculating its final rating.