Selecting the most appropriate binary option trading srevice for your business is difficult with so many functions, choices, and terms to consider. However, relying on our website will help you to cut down the selection steps by showing all major providers in a single place.
As an illustration, you can match Quotex and Interactive Option for their features and overall scores, in this case, 8.0 and 6.0, respectively. Likewise, you can see which service has higher general user satisfaction rating: 97% (Quotex) and 95% (Interactive Option) to determine which one is better. Don’t just pick the solution with the lowest minimum deposit, but the platform that gives the most cost-effective value.
Right now, the most significant services in our 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.
Interactive Option offers four types of trading accounts that vary depending on the starting deposit and the range of features included. The following accounts are available:
Blue Account: starting deposit of $500 – $2499
Up to 75% payout
50 tradable assets
Basic Training
Introductory webinar
eBook
Gold: starting deposit of $2500 – $9999
Up to 85% payout
70 tradable assets
Advanced Training
Personal account manager
Four free webinars
eBook
Platinum: starting deposit of $10,000 – $24,999
Up to 85% payout
100 tradable assets
Pro Training
Personal account manager
Weekly webinars
eBook
Free of charge withdrawal
VIP: starting deposit of $25,000 and more
All features of the account can be adjusted on demand
When you test various Binary Options Brokers apps you shouldn’t simply analyze their list of features and provided pricing plans. Keep in mind the product should be meeting your needs and team so the more flexible their offer the better. Find our which systems are supported by Quotex and Interactive Option and be certain you will obtain mobile support for whichever devices you use in your company. It may also be a good idea to examine which languages and geographies are supported, because this might be a critical factor for many companies.
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