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Software Redwood Options vs. CTOption

Selecting the most appropriate binary option trading srevice for your company is not that easy with a lot of features, options, and terms to take note of. However, relying on our review directory will allow you to simplify the selection steps by getting all key services in a single place. For instance, you can match Redwood Options and CTOption for their functions and overall scores, namely, 7.5 and 8.0, respectively. Likewise, you can compare which provider has higher general user satisfaction rating: 99% (Redwood Options) and 94% (CTOption) to learn which service is the better choice. Don’t simply choose the service with the lowest minimum deposit, but the service that offers the most cost-effective value.

Software

Redwood Options

VS

CTOption

VS

Score

Our Score

7.5 ?

Our Score

8.0 ?

Customer Experience

Customer Experience

99% ?

Customer Experience

94% ?

Minimum Deposit

$200

$250

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.

Most binary brokers use a generic trading platform supplied by Tradologic or SpotOption. But, CTOption has opted for a platform supplied by Panda Trading Systems Ltd (Panda TS). This company provides quality customized tools in the online forex industry. Therefore, they are knowledgeable about the requirements of online traders.

The Panda TS platform is easy to use and does not need intensive training. It offers mobile trading too. The platform offers a range of tools that traders can use to maximize their profits. CTOption has also created custom systems for its own use utilizing the top financial engineering and technology infrastructure available in the field.

Email

support@redwoodoptions.com support@ctoption.com

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 Webmoney, Credit Card, Debit Card, Bank Wire Transfer, Moneybookers, CashU, Skrill

Payout ratios

Redwood Options offers payout up to 81%.

Average returns are around 80% and can go as high as 90%. Rebate for losing trades is 5%.

Payouts Percentage

81%

90%

Located In

London, United Kingdom UK
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Assets

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

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.
TRAINING
Customer Support Languages: English, Spanish, German, Arabic
Customer Service Hours: CTOption offers comprehensive 24h support for its customers
Place Trades Over the Phone?: No

Place Trades Over Phone

No
No

Phone

1-800-986-6750 442035192322

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: PandaTS
Platform Languages: English, Spanish, German, Arabic
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.

CTOption offers three types of trading accounts:

Mini Plan: Minimum Deposit of $250

  • 24h Withdrawal
  • Weekly Market News
  • 24/7 Support Service
  • Welcome Bonus

Standard Plan: Minimum Deposit of $2,500

  • 24h Withdrawal
  • Weekly Market News
  • 24/7 Support Service
  • Welcome Bonus
  • Personal Account Manager

Executive Plan: Minimum Deposit of $10,000+

  • 24h Withdrawal
  • Weekly Market News
  • 24/7 Support Service
  • Welcome Bonus
  • Personal Account Manager
  • Trading Guru Hangouts
  • No Processing Fees
  • Expedited Withdrawals
  • Opportunity to win tablets, smartphones and more

Deposit Options

Webmoney, Credit Card, Debit Card, Bank Wire Transfer Webmoney, Credit Card, Debit Card, Bank Wire Transfer, Moneybookers, CashU, Skrill

Comission

No
No

Trade Types

Redwood offers the following trade types:

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

CTOption offers four contract types:

  • One Touch
  • Range
  • Hyper
  • High/Low
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In case you are still having doubts about which solution will work best for your business it might be a sound idea to investigate each service’s social metrics. These metrics are usually an indicator of how popular every software is and how big is its online presence. For example Redwood Options Twitter account has currently 0 followers. At the same time CTOption Twitter is followed by 0 people.