Selecting the right binary option trading srevice for your business is not that easy with a lot of functions, choices, and offers to consider. However, relying on our review platform will make it possible for you to simplify the selection process by displaying all main services in one location.
For instance, you can compare Quotex and BigOption for their features and overall scores, namely, 8.0 and 8.0, respectively. Furthermore, you can compare which broker has higher general user satisfaction rating: 97% (Quotex) and 89% (BigOption) to learn which one is the better option. Don’t simply start using the platform with the most attractive minimum deposit, but the service that gives the best value.
In the event you would like to quickly decide on the optimal Binary Options Brokers according to our experts we suggest you examine the following products: IQ Option, GTOptions, Nadex.
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.
BigOption offers generous payout ratios of up to 85% for normal trading. If trades close out of the money, traders are still entitled to a 10% rebate. For higher returns, traders can use the one touch options trades which offer payouts up to 500%.
In the event you continue having doubts about which service will be best for your company it may be a good idea to analyze each service’s social metrics. These metrics are quite often a sign of how popular a given solution is and how large is its online presence. For example, in case of Facebook Quotex has 1600 likes on their official profile while BigOption profile is liked by 0 people.
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