Choosing the best binary option trading srevice for your organization is hard with a lot of functions, options, and terms to choose from. However, relying on our review platform will allow you to simplify the selection steps by displaying all main brokers in one place.
As an illustration, you can compare Quotex and GTOptions for their functions and overall scores, namely, 8.0 and 8.8, respectively. Likewise, you can check which broker has superior general user satisfaction rating: 97% (Quotex) and 100% (GTOptions) to learn which one is the better option. Don’t simply choose the solution with the most attractive minimum deposit, but the one that offers the best value for your money.
We are aware that not all companies have enough time to scrutinize dozens of different solutions, so we created a list of suggestions 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.
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
Every time you test various Binary Options Brokers software you shouldn’t just analyze their list of features and available pricing plans. Pay attention to the fact that the solution must be meeting your standards and business so the more flexible their offer the better. Learn what systems are supported by Quotex and GTOptions and make sure you will obtain mobile support for whatever devices you work on in your company. You should also find out which languages and countries are supported, because this may be a critical factor for many firms.
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