Getting the most appropriate binary option trading srevice for your business is complicated with a lot of functions, choices, and offers to choose from. On the other hand, using our review platform will allow you to cut down the selection steps by showing all key providers in one location.
For example, you can match Quotex and IQ Option for their functions and overall scores, in this case, 8.0 and 8.5, respectively. Likewise, you can see which provider has higher general user satisfaction rating: 97% (Quotex) and 99% (IQ Option) to determine which service is the better option. Don’t just choose the platform with the most attractive minimum deposit, but the one that offers the best value.
If you have to quickly identify the more reliable Binary Options Brokers according to our review team we recommend you examine these solutions: 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.
When you pick a software that you think will work best for your team you shouldn’t only focus on what experts have to say about it. Quite frequently individual experience with the solution will vary, depending on your own preferences and needs. This is why in our reviews we also provide our User Satisfaction Rating for each app to give you a quick impression of how actual users of Quotex and IQ Option rate their contact with the solution. Our algorithm is built around complex analysis of product mentions on other websites, social networks and blogs, so you are going to receive a complete and credible overview of what other clients think about every service. In this example Quotex has a total satisfaction rating at 97% while for IQ Option 99% of people express they had a positive experience with it.
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