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Comparison IvoryOption vs. Tradorax

Selecting the best binary option trading srevice for your business is complicated with a lot of functions, options, and terms to take note of. On the other hand, relying on our review platform will help you to simplify the necessary steps by getting all major providers in a single location. For example, you can compare Tradorax and IvoryOption for their features and overall scores, in this case, 8.1 and 7.5, respectively. Similarly, you can compare which broker has higher general user satisfaction rating: 100% (Tradorax) and 100% (IvoryOption) to learn which one is the better option. Don’t just start using the platform with the lowest minimum deposit, but the service that gives the best value.

Comparison

IvoryOption

VS

Tradorax

VS

Score

Our Score

7.5 ?

Our Score

8.1 ?

Client Satisfaction

Client Satisfaction

100% ?

Client Satisfaction

100% ?

Minimum Deposit

$250

$250

Accepts US Clients

Yes
Yes
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Full Review

Description

Like most binary options brokers, IvoryOption uses the popular SpotOption trading platform due to its ease of use, flexibility, and reliability. SpotOption’s latest version now comes with new features on top of their essential trading tools, thus providing traders an improved trading experience. SpotOption now has mobile versions for iOS and Android devices, allowing traders to perform business using their smartphones and tablets.

The IvoryOption platform is 100% web-based and you need not download any software. All you need is an internet connection to make your trades. The platform’s pricing and execution modules are impressive, and the broker uses sophisticated technology to ensure your trading convenience, fiscal safety, and overall satisfaction.

Tradorax uses the TechFinancials trading platform which supports informative charts, long term and short term expiry, and a wide range of assets in one package. The platform is 100% web-based, user-friendly, and you do not need to download any software to start trading. With a simple internet connection you can invest in binary options from anywhere in the world.

The Tradorax trading platform enables you to trade on High Low, Boundary, One Touch, and Short Term options. You can get returns as high 85% for EUR/USD options.

One of the preferred option types is the boundary option. This option can be used in both volatile markets as well as quiet trading conditions. Tradorax also offers an Android app for mobile trading.

Platform

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
Platform type: TechFinancials
Platform Languages: English, German, Russian, Arabic
OS Compatibility: iOS, Windows, Android
Streaming News Feed: No
Email Alerts: No
Mobile Alerts: No

Payout ratios

IvoryOption offers payout up to 85%.

Tradorax offers up to 85% return.

Email

support@ivoryoption.com support@tradorax.com

Located In

Gibraltar United Kingdom

Deposit Options

Credit Card, Debit Card Credit Card, Bank Wire Transfer, CashU

Customer Service

EMAIL PHONE NO.
LIVE SUPPORT TRAINING
Customer Support Languages: English, French, Arabic
Customer Service Hours: IvoryOption offers 24/7 customer support.
Place Trades Over the Phone?: No
EMAIL PHONE NO.
LIVE SUPPORT TRAINING
Customer Support Languages: English, German, Russian, Arabic
Customer Service Hours: Tradorax provides 24-hour customer support.
Place Trades Over the Phone?: No
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Trading Accounts

IvoryOption offers three types of trading accounts:

Novice Account

  • Welcome bonus
  • Account manager
  • Email updates
  • Website live support
  • Training videos

Individual Account

  • Personal trading strategies
  • Trading asset analysis
  • Trading signals by email and Skype
  • 24/7 support from a broker consultant

Executive Account

  • For experienced traders
  • All features of the above two accounts, plus:
  • Additional liquidity of funds
  • Immediate withdrawals
  • Daily signals and trade advice

Tradorax offers four types of accounts:

Mini: $250 – $499

  • Web/mobile platform
  • Education center access
  • Personal broker – 1 per week
  • Lessons 1-2

Silver: $500 – $4,999

  • Web/mobile platform
  • Education center access
  • 2% extra for every trade
  • Personal broker – 2 per week
  • Lessons 1-2
  • Lessons 3-4
  • Signal group
  • 0.5% cash back

Gold: $5,000 – $9,999

  • Web/mobile platform
  • Education center access
  • 3% extra for every trade
  • Personal broker – 3 per week
  • Lessons 1-2
  • Lessons 3-4
  • Lessons 5-6
  • Signal group
  • 1% cash back
  • 1 risk free trade per month

VIP: $10,000+

  • Web/mobile platform
  • Education center access
  • 4% extra for every trade
  • Personal broker – 4 per week
  • Lessons 1-2
  • Lessons 3-4
  • Lessons 5-6
  • Lessons 7-8
  • Signal group
  • 2% cash back
  • 2 risk free trades per month

Trade Types

IvoryOption offers the following trade types:

  • Pairs
  • Long Term
  • Short Term
  • One Touch
  • Ladder
  • Spot Follow

Tradorax offers the following trade types:

  • High/Low
  • Touch/No Touch
  • Boundary
  • 60 Second Trades

Assets

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

Place Trades Over Phone

No
No

Payouts Percentage

85%

85%

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

Phone

(+44) 203-695-1604 442031500446

Withdrawal Options:

Credit Card, Debit Card Credit Card, Bank Wire Transfer, CashU

Comission

No
No
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In case you are still having second thoughts about which app will be best for your business it might be a sound idea to investigate each service’s social metrics. Such metrics are usually an indicator of how popular a given app is and how wide is its online presence. For example, in case of Facebook Tradorax has 0 likes on their official profile while IvoryOption profile is liked by 0 people.