Selecting the best binary option trading srevice for your business is difficult with so many functions, choices, and terms to choose from. However, depending on our review directory will help you to simplify the selection process by displaying all major brokers in a single location.
As an illustration, you can match Quotex and OneTwoTrade for their tools and overall scores, namely, 8.0 and 8.5, respectively. Furthermore, you can compare which broker has better general user satisfaction rating: 97% (Quotex) and 100% (OneTwoTrade) to learn which service is the better option. Don’t just choose the solution with the lowest minimum deposit, but the solution that gives the most cost-effective value.
People who don't have much time or would like to get a Binary Options Brokers suggestion from our team might want to try out these top choices for the current year: 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.
OneTwoTrade offers two types of trading accounts: Free and Privilege Plus. Privilege Plus members get additional benefits like 24/7 access to a senior account manager, special promotions, and detailed market analysis. Plus, they get an iPad or iPhone that has an app for mobile trading. Finally, they also get complimentary plane tickets to London to meet OneTwoTrade’s CEO.
Payouts Percentage
85%
Withdrawal Options
Credit Card
Assets
Forex, Gold, Commodities
Available Support
email
phone
live support
training
tickets
General Info
OneTwoTrade is a leading provider of binary options trading services to individual traders around the globe.
If you continue having second thoughts about which software will work best in your case it may be a sensible idea to investigate each service’s social metrics. These metrics are usually a way to see how popular a given app is and how big is its online presence.For example, if you look at Quotex LinkedIn account you’ll see that they are followed by 42 users. In case of OneTwoTrade the number of followers on their LinkedIn page is 0.
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