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Compare Redwood Options vs. 10trade

Selecting the best binary option trading srevice for your organization is hard with too much features, options, and terms to choose from. But, using our review directory will make it possible for you to cut down the selection steps by reading all crucial providers in one place. For example, you can contrast Redwood Options and 10trade for their tools and overall scores, in this case, 7.5 and 7.4, respectively. Similarly, you can compare which broker has higher general user satisfaction rating: 99% (Redwood Options) and 100% (10trade) to find out which solution is the better choice. Don’t just pick the service with the lowest minimum deposit, but the platform that offers the best value.

Compare

Redwood Options

VS

10trade

VS

Total Score

Our Score

7.5 ?

Our Score

7.4 ?

Client Satisfaction

Client Satisfaction

99% ?

Client Satisfaction

100% ?

Minimum Deposit

$200

$200

Accepts US Clients

Yes
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Full Review

Description

Redwood uses the SpotOption trading platform, a widely used and popular trading platform employed by the majority of online binary brokers due to its simplicity and effectiveness.

The platform is 100% web based, so software downloads are not required. You don’t need any previous trading experience as the platform has a user-friendly interface. You can make use of exclusive educational tools such as a free binary options e-book, live daily webinars, and video academy.

You can choose from a vast selection of assets to trade, including stocks, indices, commodities, and currencies. The platform’s trading modules are top of their class in the online trading market. This broker uses up to date and sophisticated technologies to ensure your security and satisfaction.

10trade provides users the SpotOption trading platform. Widely known and used by many binary brokers, SpotOption is fairly easy to use even for novices and comes loaded with basic and advanced tools and functionalities that many traders find useful when they trade. SpotOption also boasts an intuitive user interface that makes trading easy. Now, SpotOption traders can trade and do business using their Android and Apple devices.

The platform has good data latency, offers fast trade execution, as a well as a range of colors to help you pick useful information on the screen. You can get the information you need to make a trade with a simple glance. The platform also offers a practical layout in the way the web pages are organized.

Phone

1-800-986-6750 +35-777-788-035

Assets

Forex, Metals, Oil, Gold, Indices, Stocks, Commodities, etfs, CFDs Indices, Stocks, Commodities

Payout ratios

Redwood Options offers payout up to 81%.

10trade offers returns of up to 90%.

Place Trades Over Phone

No
No

Deposit Options

Webmoney, Credit Card, Debit Card, Bank Wire Transfer Credit Card, Debit Card, Bank Wire Transfer
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Comission

No
No

Trade Types

Redwood offers the following trade types:

  • 60 Second Options
  • Classic Up/Down Binaries
  • One Touch Options
  • Option Builder

10Trade offers the following trade types:

  • High/Low
  • 60 Seconds
  • One Touch
  • Pairs
  • Ladders

Located In

London, United Kingdom Nicosia, Cyprus

Bonuses & Rewards

No Deposit Bonus: No
Bonus for First Deposit: No
Is the Bonus Based on the Volume of the Transaction?: No
Other Bonuses: No
No Deposit Bonus: No
Bonus for First Deposit: No
Is the Bonus Based on the Volume of the Transaction?: No
Other Bonuses: No

Payouts Percentage

81%

90%

Email

support@redwoodoptions.com support@10trade.com

Platform

Platform type: SpotOption
Platform Languages: English, Spanish, German, French, Russian, Japanese, Italian, Arabic, Dutch, Swedish
OS Compatibility: Mac OS, iOS, Windows
Streaming News Feed: Yes
Email Alerts: Yes
Mobile Alerts: No
Platform type: SpotOption
Platform Languages: English, Spanish, German, French, Russian, Chinese, Japanese, Italian
OS Compatibility: Mac OS, iOS, Windows, Android
Streaming News Feed: Yes
Email Alerts: Yes
Mobile Alerts: No

Trading Accounts

Mini Trading Account – €500

  • 25% bonus
  • Starter webinars
  • Educational videos
  • Digital online e-book

Starter Trading Account – €1000

  • 30% bonus
  • Starter webinars
  • Educational videos
  • Digital online e-book
  • Market reviews via email

Silver Trading Account – €5000

  • 50% bonus
  • 1 risk free trade
  • Starter webinars
  • Educational videos
  • Digital online e-book
  • Market reviews via email
  • Account manager
  • 1 academy session
  • 1 VIP webinar

Gold Trading Account – €10,000

  • 75% bonus
  • 1 risk free trade
  • 3 guaranteed profit trades
  • Starter webinars
  • Educational videos
  • Digital online e-book
  • Market reviews via email
  • Account manager
  • 2 academy sessions
  • 1 VIP webinar
  • Optional tablet

Platinum Trading Account – €25,000

  • 100% bonus
  • 3 risk free trades
  • 5 guaranteed profit trades
  • Starter webinars
  • Educational videos
  • Digital online e-book
  • Market reviews via email
  • Account manager
  • 5 academy sessions
  • 2 VIP webinar
  • Optional tablet
  • Same day withdrawal approval

Pls note: Risk free trade is up to 50% of the deposit.

10trade offers 5 account types:

Welcome – €500

  • 20% bonus
  • Platform tutorial
  • Daily market reviews
  • Digital online ebook
  • Trading central – 2 weeks

Bronze – €1,000

  • 30% bonus
  • Platform tutorial
  • Daily market reviews
  • Digital online ebook
  • Introduction to market analysis
  • 1 trading strategy
  • Trading central – 1 month

Silver – €2,500

  • 40% bonus
  • Platform tutorial
  • Daily market reviews
  • Digital online ebook
  • Introduction to market analysis
  • 2 trading strategies
  • Trading central – 3 months

Gold – €5,000

  • 50% bonus
  • Platform tutorial
  • Daily market reviews
  • Digital online ebook
  • Introduction to market analysis
  • 3 trading strategies
  • Trading central – 6 months

Platinum – €10,000

  • 50% bonus
  • Platform tutorial
  • Daily market reviews
  • Digital online ebook
  • Introduction to market analysis
  • 5 trading strategies
  • Trading central – 1 year
  • Express withdrawals
  • Money management training
  • Optional tablet

Customer Service

EMAIL PHONE NO.
LIVE SUPPORT TRAINING
Customer Support Languages: English, Spanish, German, French, Russian, Japanese, Arabic, Swedish
Customer Service Hours: Redwood offers phone, email, and live chat support.
Place Trades Over the Phone?: No
EMAIL PHONE NO.
LIVE SUPPORT TRAINING
Customer Support Languages: English, Spanish, German, French, Russian, Italian, Arabic, Dutch
Customer Service Hours: 10trade offers 24/7 customer support.
Place Trades Over the Phone?: No

Withdrawal Options:

Webmoney, Credit Card, Bank Wire Transfer Credit Card, Debit Card, Bank Wire Transfer
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It may not always be sufficient to simply compare Redwood Options and 10trade against each other. Although specific tools, pricing and user reviews are all important and should be included when making a final choice, you should also take a look at the recognition and awards won by each software. In many cases a less dominant service may turn out to be an excellent choice that was distinguished with industry awards such as our Great User Experience Award which reveals that regardless of limited market popularity it’s a significant contender to the apps that rule the market.