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Compare Redwood Options vs. Option FM

Getting the right binary option trading srevice for your organization is complicated with so many features, options, and offers to choose from. On the other hand, using our website will allow you to streamline the selection process by displaying all crucial providers in one location. For example, you can contrast Redwood Options and Option FM for their functions and overall scores, in this case, 7.5 and 8.0, respectively. Furthermore, you can see which provider has higher general user satisfaction rating: 99% (Redwood Options) and 98% (Option FM) to determine which one is better. Don’t just choose the platform with the most attractive minimum deposit, but the platform that has the best value.

Compare

Redwood Options

VS

Option FM

VS

Our Score

Our Score

7.5 ?

Our Score

8.0 ?

Client Experience

Client Experience

99% ?

Client Experience

98% ?

Minimum Deposit

$200

$250

Accepts US Clients

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.

Option.FM uses the SpotOption trading platform which is innovative yet user-friendly, and offers a wide range of proprietary features. The platform makes it simple for both novices as well as experienced traders to manage risk and make informed trades. It boasts 24/7 uptime and enables traders to fine-tune every detail of their trades.

Option.FM excels in offering a wide selection of assets for traders to choose from. This broker offers more than 200 popular assets from which brokers are certain to find familiar ones that they can trade successfully. Options include major indices, commodities, stocks, and currency pairs.

Payouts Percentage

81%

91%

Located In

London, United Kingdom Belize

Email

support@redwoodoptions.com cs@option.fm

Payout ratios

Redwood Options offers payout up to 81%.

Option.FM offers returns up to 91%.

Phone

1-800-986-6750 +44-207097326

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
OS Compatibility: Mac OS, iOS, Windows, Android
Streaming News Feed: Yes
Email Alerts: Yes
Mobile Alerts: Yes
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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, Spanish, German, French, Russian, Italian, Arabic, Dutch
Customer Service Hours: Option.FM provides 24-hour customer support.
Place Trades Over the Phone?: No

Trade Types

Redwood offers the following trade types:

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

Option.FM offers four trade types:

  • One Touch
  • 60 Seconds
  • Long Term
  • Binary Options

Deposit Options

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

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.

Option.FM offers seven types of trading accounts:

Newbie – 250+

  • Trading Manual

Start-Up – 2,500+

  • Trading Manual
  • OFM Rewards Access
  • Trading Packages
  • 1 Educational Session

Entrepreneur – 5,000+

  • All features in Start-Up plan
  • 2 Educational Sessions
  • 3 Protected Trades

Top Exec – 10,000+

  • All features in Entrepreneur plan
  • 3 Educational Sessions

CEO – 25,000+

  • All features in Top Exec plan
  • Class B Trades
  • Class A Trades
  • 4 Education Sessions
  • Enhanced Return on Investments

Financier – 40,000+

  • All features in CEO plan
  • 4+ Education Sessions
  • Suited Trading Portfolio

Mogul – 100,000+

  • All features in Financier plan
  • Unlimited Education Sessions
  • Vacation Packages

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

Assets

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

Comission

No
No

Place Trades Over Phone

No
No
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If you are still having doubts about which product will work best for your business it might be a sensible idea to check out each service’s social metrics. Such metrics are quite often an indicator of how popular a given solution is and how wide is its online presence. For instance, in case of Facebook Redwood Options has 0 likes on their official profile while Option FM profile is liked by 0 people.