Getting the most appropriate binary option trading srevice for your business is complicated with too much features, choices, and terms to check. But, depending on our review platform will allow you to streamline the selection steps by showing all key providers in one place.
For example, you can contrast Quotex and 2options for their tools and overall scores, in this case, 8.0 and 7.7, respectively. Similarly, you can compare which provider has better general user satisfaction rating: 97% (Quotex) and 100% (2options) to find out which solution is the better option. Don’t simply choose the solution with the lowest minimum deposit, but the platform that has the best value for your money.
Our team put a lot of effort to review all popular Binary Options Brokers services available on the market, but among them these three deserved our special attention: Nadex, GTOptions, IQ Option.
Also, it has a “double-up” feature where you can place a new trade similar to the position of your initial trade but at the new current price point. It has the same cost to enter with the same expiry time as your initial trade but it’s under the current price.
Payout ratios vary for every asset of its type. For instance, payouts for different currency pairs in forex can vary from 36% to 88%. Moreover, payout percentages can also differ depending on the length of the trade contract. More often, the payouts of five-minute trades and up are higher than those in a shorter timeframe. Payout percentages are pinned on every trading asset with an unmistakable dark orange color.
Quotex members have essentially two types of trading accounts under one name. One is for demo trades and the other one is for live trading. You can access them both in a single session. This allows traders to simulate actions in current conditions before jumping in with live trades. Like other binary options platforms, registration is free and so is the demo account. Once new users get the hang of binary trading on the Quotex platform, they can deposit funds for live trading. Also, users can deposit and withdraw funds via bank transfers, epayment solutions, and even cryptocurrency, including Bitcoin, Bitcoin Cash, Dogecoin, Ethereum, and Coinbase. Also, it supports Visa/Mastercard transactions.
Demo Account
Registration: Free
Virtual Currency: $10,000
Transaction Information
Minimum Deposit: $10
Minimum Dollar Withdrawal: $10
Minimum Bitcoin Withdrawal: $50
Withdrawal Time: 1-5 working days
No Transaction Fees (third-party solutions may do)
Quotex works hard to make payments on the same day the withdrawal transaction has been made. Also, depending on the value of transactions, verification may be required. Most of the time, however, no extra verification is needed. Lastly, there is no indication of a minimum maintenance balance.
Payouts Percentage
Variable
Withdrawal Options
Credit Card, Debit Card, Bank Wire Transfer
Assets
Forex, Metals, Oil, Gold, Indices, Commodities
Available Support
email
phone
live support
training
tickets
General Info
Provides users with a hassle-free binary trading options platform that is not only easy to use but also has advanced technical analysis solutions including customizable trend indicators and charts.
It is simple to open a trading account at 2options.com. Just click on the “Start Trading Now” icon on the website and deposit a minimum amount of $100 to get started. 2options also offers an Islamic trading account as well.
Payouts Percentage
88%
Withdrawal Options
Credit Card, Debit Card, Bank Wire Transfer, CashU, Neteller
Almost as important as features and user support level are pricing options made available by Quotex and 2options. Even though price should not be the only factor it’s surely a key thing to think about. You should look for a flexible pricing package that can be matched with your business size and effortlessly scaled up if your business grows. You should be certain you don’t select packages that have advanced tools that you won’t use and always try to get in touch with the vendor directly as big companies can frequently count on discounts. You should also check out a free trial or demo of every product to spend at least some time working with it. It’s a helpful experience that doesn’t require you to pay any money and gives you a reliable overview of what it’s like to work with Quotex and 2options.
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