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Compare HY Options vs. BinaryBook

Choosing the best binary option trading srevice for your business is complicated with a lot of features, options, and terms to check. But, using our review directory will allow you to cut down the selection steps by reading all crucial brokers in one place. For instance, you can match BinaryBook and HY Options for their features and overall scores, in this case, 7.9 and 8.0, respectively. Similarly, you can see which provider has superior general user satisfaction rating: 50% (BinaryBook) and 96% (HY Options) to determine which service is better. Don’t just pick the platform with the most attractive minimum deposit, but the solution that offers the most cost-effective value.

Compare

HY Options

VS

BinaryBook

VS

Our Score

Our Score

8.0 ?

Our Score

7.9 ?

Client Experience

Client Experience

96% ?

Client Experience

50% ?

Minimum Deposit

$100

$250

Accepts US Clients

Yes
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Complete Review

Description

HY Options offers the SpotOption Gen 2 trading platform which is used by many other brokers. This stands testimony to the platform’s reliability and efficiency. It is easy to use and has an attractive interface. The platform offers good risk management tools that give traders more flexibility to adjust their trades according to the changing situations in the market.

You can use the advanced trading platform to trade binary options such as Up/Down, 60 seconds, and Pairs quickly and easily. You can also make use of platform features such as Settle Now and Roll Over.

BinaryBook uses the latest SpotOption Gen 2 trading platform that is a significant improvement over the first generation of this tool. The advanced functionalities offer access to more option contract types. You can take advantage of new features like Trade Analyzer to maximize your returns. BinaryBook also provides a mobile trading app for Android devices.

Payouts Percentage

82%

85%

Assets

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

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

Customer Service

EMAIL PHONE NO.
LIVE SUPPORT TRAINING
Customer Support Languages: English, Chinese, Arabic
Customer Service Hours: HY Options offers 24-hour customer support.
Place Trades Over the Phone?: No
EMAIL PHONE NO.
LIVE SUPPORT
Customer Support Languages: English, Turkish, Arabic
Customer Service Hours: 24h
Place Trades Over the Phone?: No

Withdrawal Options:

Credit Card, Bank Wire Transfer Credit Card, Debit Card

Email

info@hyoptions.com support@binarybook.com
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Trading Accounts

HY Options offers three types of trading accounts:

Silver Account

  • Minimum deposit is $100
  • Offers introductory training and an account manager
  • Web/Mobile platforms

Gold Account

  • Minimum deposit is $2500
  • Offers trading reports and signals, market reviews, and advanced training
  • 1 professional account manager is assigned to the account
  • Web/Mobile Platforms

VIP Account

  • Minimum deposit is $10,000
  • Deposit bonus is 50%
  • Includes trading signals, market reviews, and professional training
  • Specialist account manager is assigned to the account
  • Web/Mobile Platforms

BinaryBook offers five types of trading accounts:

  • Micro Account ($250 to $$500): Ideal for newbies. Welcome bonus is 20%. You also get access to BinaryBook Academy. 
  • Basic Account ($501 to $2500): For intermediate level traders. Welcome bonus is up to 50%. You get 1 risk-free trade and a personal account manager.
  • Gold Account ($2501 to $10,000): For experienced traders who wish to trade in high volume. Welcome bonus is up to 75%. You get 2 risk-free trades and up to two hours of trading sessions with an expert. You get 5 risk-free trades and from 5 to 10h of sessions with a trading expert.
  • Platinum Account ($10,001 to $50,000): This one is also for experienced traders who wish to trade in high volume. Welcome bonus is up to 10%.
  • VIP Account (Above $50,000): Offers personalized services to traders. Contact the broker directly to learn more about what the package inclues.

BinaryBook also provides an Islamic Trading account that is fully compliant with the Sharia law.

Place Trades Over Phone

No
No

Deposit Options

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

Comission

No
Yes

Trade Types

HY Options offers six trade types:

  • Pair Options
  • One Touch
  • Long Term
  • Ladder Options
  • Day Options (High/Low)
  • 60 Seconds

BinaryBook offers the following trade types:

  • Binary
  • Pairs
  • Long Term
  • Turbo
  • One Touch
  • Ladder
  • FX/CFD
  • Spot follow

Phone

357 25 245750 + 44 2035198267

Platform

Platform type: SpotOption
Platform Languages: English, Arabic
OS Compatibility: Mac OS, iOS, Windows, Android
Streaming News Feed: Yes
Email Alerts: Yes
Mobile Alerts: Yes
Platform type: SpotOption
Platform Languages: English, Turkish, Arabic
OS Compatibility: Windows
Streaming News Feed: Yes
Email Alerts: Yes
Mobile Alerts: Yes

Payout ratios

Maximum return is 82% on the standard options. There is no rebate for losing trades.

Average returns are around 80%. You can earn up to 500% with FX/CFD contracts.

Located In

Cyprus United Kingdom
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In case you are still having doubts about which solution will work best for your company it may be a good idea to examine each service’s social metrics. These metrics are quite often a sign of how popular every app is and how wide is its online presence. For instance BinaryBook Twitter account has currently 0 followers. At the same time HY Options Twitter is followed by 0 people.