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Compare Redwood Options vs. BKTrading

Selecting the most appropriate binary option trading srevice for your company is complicated with a lot of features, choices, and offers to choose from. But, depending on our review platform will help you to simplify the selection steps by showing all crucial services in one location. For instance, you can match Redwood Options and BKTrading for their functions and overall scores, in this case, 7.5 and 7.7, respectively. Similarly, you can see which service has higher general user satisfaction rating: 99% (Redwood Options) and 100% (BKTrading) to find out which solution is the better choice. Don’t simply choose the solution with the most attractive minimum deposit, but the platform that gives the most cost-effective value.

Compare

Redwood Options

VS

BKTrading

VS

Score

Our Score

7.5 ?

Our Score

7.7 ?

Client Experience

Client Experience

99% ?

Client Experience

100% ?

Minimum Deposit

$200

$10

Accepts US Clients

Yes
Yes
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Complete 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.

BKTrading uses the latest version of the SpotOption trading platform to make it easy for their clients to engage in trades and achieve significant success. Because it is easy to use and loaded with essential and advanced trading tools, SpotOption has become the most popular trading platform for many binary options brokers. SpotOption now has mobile versions compatible with Android and iOS devices.

You need not install any software as BKTrading is a web-based trading platform. Simply log in to your account and trade on any device with an internet connection. You can view all your deposits, withdrawals, and portfolio history in the My Account section.

The homepage of the trading platform contains the Asset Index which provides a detailed list of all the available assets, their description, expiry times, symbol, and trading hours.

Place Trades Over Phone

No
No

Deposit Options

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

Payouts Percentage

81%

85%

Comission

No
No

Email

support@redwoodoptions.com support@bktrading.com

Trade Types

Redwood offers the following trade types:

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

BKTrading offers the following trade types:

  • High / Low
  • One Touch
  • 60 Seconds
  • Long Term
  • Touch Options
  • Pair Options
  • Ladder Options
  • ProFollow
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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, Russian, Arabic
Customer Service Hours: BKTrading provides 24/7 customer support.
Place Trades Over the Phone?: No

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

Withdrawal Options:

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

Located In

London, United Kingdom Barcelona, Spain

Payout ratios

Redwood Options offers payout up to 81%.

The average payout ratio offered by this broker is 85%.

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.

BKTrading offers the following trading accounts:

Basic Account: minimum investment of $10

  • Chat and telephone support

Standard Account: minimum investment of $1000

  • All Basic account features
  • Quick withdrawals
  • AutoTrading tools

Trader Account: minimum investment of $10,000

  • All Standard account features
  • One to One
  • Exclusive account executive
  • Market signals

VIP Account: minimum investment of $50,000

  • All Trader account features
  • Investment consultant
  • Exclusive market analyst
  • 3% extra ROI on every operation
  • Immediate withdrawals
  • SMS market signals

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

Assets

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

Phone

1-800-986-6750 +34 931 845838
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In the event you are still having doubts about which service will perform best in your case it may be a good idea to take a look at each service’s social metrics. These metrics are frequently an indicator of how popular each service is and how extensive is its online presence.For example, if you check Redwood Options LinkedIn page you’ll find out that they are followed by 0 people. In case of BKTrading the amount of followers on their LinkedIn page is 0.