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Software uBinary vs. Magnum Options

Selecting the best binary option trading srevice for your organization is hard with too much features, choices, and offers to check. On the other hand, using our website will help you to cut down the necessary steps by displaying all key brokers in a single place. For example, you can match uBinary and Magnum Options for their functions and overall scores, namely, 8.4 and 8.0, respectively. Furthermore, you can compare which broker has higher general user satisfaction rating: 100% (uBinary) and 96% (Magnum Options) to learn which one is the better choice. Don’t just start using the service with the lowest minimum deposit, but the service that has the most cost-effective value.

Software

uBinary

VS

Magnum Options

VS

Score

Our Score

8.4 ?

Our Score

8.0 ?

Customer Experience

Customer Experience

100% ?

Customer Experience

96% ?

Minimum Deposit

$250

$200

Accepts US Clients

Yes
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Full Review

Description

uBinary’s ParagonEX trading platform is a refreshing change from the usual SpotOption platform deployed by the majority of binary traders. It carries a number of features and is intuitive and very fast as well.

The ParagonEX platform is more exclusive than typical trading platforms and it offers a really unique look and feel in comparison to them. The platform itself supports both Android and Apple iOS systems and mobile apps are offered free of charge. Keep in mind though, that the web platform requires a 64-bit browser in order to function at 100% capacity. 32-bit browsers such as Chrome will limit access to the professional charts that call for a Java plugin compatible exclusively with 64-bit browsers. The platform offers 74 assets in stocks, indices, commodities, and currencies.

Magnum Options has adopted the SpotOption trading platform, which is one of the most popular trading platforms for binary options because of its ease of use and flexibility. It is so straightforward that even novice traders won’t find themselves having difficulties navigating and performing trade functions and processes with SpotOption.

Platform

Platform type: ParagonEX
Platform Languages: English, Russian, Arabic
OS Compatibility: iOS, Windows, Android
Streaming News Feed: Yes
Email Alerts: No
Mobile Alerts: Yes
Platform type: SpotOption
Platform Languages: Italian
OS Compatibility: iOS, Windows
Streaming News Feed: Yes
Email Alerts: No
Mobile Alerts: No

Assets

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

Comission

No
No

Payouts Percentage

95%

85%

Phone

4420 3695 9422 1-855-217-4642

Trade Types

uBinary offers the following trade types:

  • Above/Below
  • 60 Seconds
  • Speed Trading
  • Option Builder
  • Long Term

 

Magnum Option offers the following trade types:

  • Classic Binary Options
  • One Touch Options
  • Option Builder
  • 60 Second Options
  • Option Pro
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Trading Accounts

uBinary offers five types of trading accounts:

Micro Account $250 – $499 deposit

  • $20 Minimum Stake
  • 20% Bonus
  • Free Training
  • Free Signals – 14 Days
  • Up To 70% Payout
  • Trader Protection Insurance

Mini Account $500 – $999 deposit

  • $20 Minimum Stake
  • 25% Bonus
  • Free Training
  • Free Signals – 30 Days
  • Advanced Guide
  • Up To 75% Payout
  • Flip Available
  • Buy Me Out Available
  • Trader Protection Insurance

Standard Account $1,000 – $4,999 deposit

  • $50 Minimum Stake
  • 30% Bonus
  • Free Training
  • Free Signals – Unlimited
  • Advanced Guide
  • Personal Broker
  • Up To 80% Payout
  • Flip Available
  • Buy Me Out Available
  • Trader Protection Insurance

Gold Account $5,000 – $9,999 deposit

  • $150 Minimum Stake
  • 40% Bonus
  • Free Training
  • Free Signals – Unlimited
  • Personal Broker
  • Advanced Guide
  • Up To 90% Payout
  • Flip Available
  • Buy Me Out Available
  • Trader Protection Insurance

Platinum Account $10,000+ deposit

  • $250 Minimum Stake
  • Up to $5,000 Bonus
  • Free Training
  • Free Signals – Unlimited
  • Personal Broker
  • Advanced Guide Guide
  • Up To 95% Payout
  • Flip Available
  • Buy Me Out Available
  • Trader Protection Insurance

Magnum Options offers the folllowing trading accounts:

  • Standard Account
  • Premium Account
  • Executive Account
  • Magnum Elite

Deposit Options

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

Payout ratios

uBinary offers payout up to 95%.

75%

Withdrawal Options:

Credit Card, Debit Card, Bank Wire Transfer, Neteller Credit Card, Debit Card

Located In

London, United Kingdom British Anguilla

Customer Service

EMAIL PHONE NO.
LIVE SUPPORT TRAINING
Customer Support Languages: English, Russian, Arabic
Customer Service Hours: uBinary offers 24-hour customer support.
Place Trades Over the Phone?: Yes
EMAIL PHONE NO.
LIVE SUPPORT
Customer Support Languages: English, Italian
Customer Service Hours:
Place Trades Over the Phone?: No

Place Trades Over Phone

Yes
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

Email

ubinary@ubinary.com support@magnumoptions.com
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Software Comparison

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It may not always be sufficient to just compare uBinary and Magnum Options against one another. Even though reliable features, pricing plans and customer experience are all important and should be taken into account when making a final choice, you should also take a look at the recognition and awards merited by every app. Very often a less known service may turn out to be an excellent choice that was a winner of many SaaS awards such as our Great User Experience Award which reveals that in spite of smaller market popularity it’s a significant contender to the apps that dominate the market.