Selecting the right binary option trading srevice for your organization is complicated with various functions, options, and offers to consider. But, relying on our review directory will make it possible for you to cut down the selection steps by getting all main services in one location.
For instance, you can match Quotex and GTOptions for their functions and overall scores, in this case, 8.0 and 8.8, respectively. Furthermore, you can check which service has higher general user satisfaction rating: 97% (Quotex) and 100% (GTOptions) to learn which solution is better. Don’t simply start using the platform with the lowest minimum deposit, but the one that gives the best value.
Right now, the best products in our Binary Options Brokers category are: 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.
GTOptions offers one of the highest return ratios in the industry. Depending on the asset type, average returns range from 70% to 90%. One Touch options can yield returns up to 540%.
Platform
Platform type: SpotOption
Platform Languages: Spanish, German, French, Russian, Chinese, Japanese
No Binary Options Brokers will be perfect enough to cover all the needs of a specific team. While main functionalities of Quotex and GTOptions are obviously a priority you should also thoroughly explore the integrations offered by each service. Very often you will already be using other types of SaaS software in your company and it’s always better to select services that integrate well with one another. With that approach you will be able to guarantee an effortless exchange of data between your teams and apps, which can really reduce time devoted to migrating between one service and the next.
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