Choosing the most appropriate binary option trading srevice for your organization is difficult with various functions, choices, and offers to check. However, relying on our review platform will make it possible for you to cut down the selection steps by showing all main brokers in one location.
For example, you can contrast Quotex and OptionsXO for their functions and overall scores, namely, 8.0 and 8.0, respectively. Likewise, you can check which broker has better general user satisfaction rating: 97% (Quotex) and 100% (OptionsXO) to find out which service is the better choice. Don’t just pick the solution with the most attractive minimum deposit, but the solution that has the most cost-effective value.
Right now, the leading solutions in our Binary Options Brokers category are: GTOptions, IQ Option, 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.
OptionsXO provides several efficient account types that can be easily adjusted to your preferences and needs. If you decide on a premium account you can also count on a variety of bonus features and services meant to make your trading experience even more enjoyable. The following account types are available:
MINI: minimum deposit of $250
Full access to trading platform
Commission Free
Access to all instrument types
Access to all trading assets
24 hour support and assistance
SILVER: minimum deposit $2,000
An additional 2% return on every trade
Commission Free
Free Access to OptionsXO learning center
24 hour support and assistance
Free trading support from market analysts and experts
GOLD: minimum deposit $5,000
An additional 3% return on every trade
Commission Free
Free Access to OptionsXO learning center
24 hour support and assistance
Free trading support from market analysts and experts
PLATINUM: minimum deposit $10,000
An additional 4% return on every trade
Commission Free
Free Access to OptionsXO learning center
24 hour support and assistance
Free trading support from market analysts and experts
Payouts Percentage
89%
Withdrawal Options
Credit Card, Debit Card, Bank Wire Transfer, Moneybookers, CashU
Assets
Forex, Oil, Gold, Indices, Stocks, Commodities
Available Support
email
phone
live support
training
tickets
General Info
OptionsXO offers an exciting and intuitive trading platform for investors who can trade in binaries in stocks, indices, commodities, and forex.
Every time you research different Binary Options Brokers products you shouldn’t simply look at their list of features and available pricing plans. Consider that the solution must be adjusted to your requirements and company so the more flexible their offer the better. Explore what OSes are supported by Quotex and OptionsXO and make sure you will get mobile support for whatever devices you use in your company. You should also examine which languages and countries are supported, as this could be a deal breaker for many businesses.
Page last modified
Why is FinancesOnline free?
FinancesOnline is available for free for all business professionals interested in an efficient way to find top-notch SaaS solutions. We are able to keep our service free of charge thanks to cooperation with some of the vendors, who are willing to pay us for traffic and sales opportunities provided by our website. Please note, that FinancesOnline lists all vendors, we’re not limited only to the ones that pay us, and all software providers have an equal opportunity to get featured in our rankings and comparisons, win awards, gather user reviews, all in our effort to give you reliable advice that will enable you to make well-informed purchase decisions.
