Choosing the right binary option trading srevice for your business is not that easy with various features, choices, and offers to consider. But, depending on our website will make it possible for you to cut down the necessary steps by displaying all key providers in one place.
As an illustration, you can contrast Quotex and Bloombex for their tools and overall scores, in this case, 8.0 and 7.6, respectively. Likewise, you can see which service has better general user satisfaction rating: 97% (Quotex) and 100% (Bloombex) to find out which one is the better choice. Don’t simply start using the solution with the most attractive minimum deposit, but the platform that offers the best value for your money.
We know that not all people have enough time to examine dozens of different services, so we came up with a list of recommendations that you may find useful. Our top selections for the Binary Options Brokers category are: GTOptions, Nadex, 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.
One Touch: gives you the opportunity to invest in an underlying asset which you think will exceed or reach a certain value even though it might shift from that value in the future. Once the predetermined value is reached you get paid. Trading one touch options is made possible only during weekends.
Sixty Seconds: for people in need of fast income, the SPOTFN platform enables you to ride the short term trend with 30, 60, and 120 second expires. All you have to do is to select the asset, choose investment amount, and decide if the price will rise of fall.
Pairs: is a trading option where you predict which of two assets will perform better than the other by expiry. This is based on comparison, and exclusively the relative performance counts.
Ladder: It allows you to make multiple predictions on the same asset, enabling a wider range of opportunities to profit from.
Average returns range between 75% and 85%. One touch trades offer much higher returns of up to 500%. You can get rebates of up to 10% for out of the money trades.
You need not deposit any money or provide credit details to open an account at Bloombex. But for trading activities, you need to deposit a minimum of $300 or €300 before you can start trading. There is also a special Islamic Account offered for muslims.
Bloombex has a mobile application available for Android and iOS which allows you to easily trade over the phone wherever your are.
Payouts Percentage
85%
Withdrawal Options
PayPal, Credit Card, Bank Wire Transfer, Moneybookers
In case you are still having doubts about which solution will be best in your case it might be a good idea to examine each service’s social metrics. These metrics are quite often an indicator of how popular each app is and how large is its online presence.For instance, if you analyze Quotex LinkedIn page you’ll find out that they are followed by 42 people. In case of Bloombex the number of followers on their LinkedIn page is 0.
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