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Product BKTrading vs. IQ Option

Selecting the right binary option trading srevice for your organization is hard with so many functions, options, and terms to take note of. But, relying on our review directory will help you to simplify the selection steps by getting all major services in one location. As an illustration, you can match BKTrading and IQ Option for their features and overall scores, in this case, 7.7 and 8.5, respectively. Similarly, you can see which service has higher general user satisfaction rating: 100% (BKTrading) and 99% (IQ Option) to learn which one is the better choice. Don’t simply pick the service with the most attractive minimum deposit, but the one that gives the most cost-effective value.

Product

BKTrading

VS

IQ Option

VS

Score

Our Score

7.7 ?

Our Score

8.5 ?

Client Satisfaction

Client Satisfaction

100% ?

Client Satisfaction

99% ?

Minimum Deposit

$10

$10

Accepts US Clients

Yes
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Detailed Review

Description

BKTrading uses the latest version of the SpotOption trading platform to make it easy for their clients to engage in trades and achieve significant success. Because it is easy to use and loaded with essential and advanced trading tools, SpotOption has become the most popular trading platform for many binary options brokers. SpotOption now has mobile versions compatible with Android and iOS devices.

You need not install any software as BKTrading is a web-based trading platform. Simply log in to your account and trade on any device with an internet connection. You can view all your deposits, withdrawals, and portfolio history in the My Account section.

The homepage of the trading platform contains the Asset Index which provides a detailed list of all the available assets, their description, expiry times, symbol, and trading hours.

IQ Option’s trading platform differs from most generic platforms. Asset selection is done using a tab system placed on top of the price chart. A drop-down list placed on the right side of the tabs offers more assets.

There are action buttons for the option types (Call/Put) you want to buy. IQ Option offers predefined amounts such as $10, $20, etc. that you can choose. Alternatively, you can also key in the amount in the amount box. The personal cabinet section shows your banking transactions and trading history. It also hosts the customer support option. The trading platform also supports mobile trading with iOS and Android apps.

Deposit Options

Credit Card, Debit Card Webmoney, PayPal, Credit Card, Bank Wire Transfer, Skrill, Neteller

Payouts Percentage

85%

92%

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

Trading Accounts

BKTrading offers the following trading accounts:

Basic Account: minimum investment of $10

  • Chat and telephone support

Standard Account: minimum investment of $1000

  • All Basic account features
  • Quick withdrawals
  • AutoTrading tools

Trader Account: minimum investment of $10,000

  • All Standard account features
  • One to One
  • Exclusive account executive
  • Market signals

VIP Account: minimum investment of $50,000

  • All Trader account features
  • Investment consultant
  • Exclusive market analyst
  • 3% extra ROI on every operation
  • Immediate withdrawals
  • SMS market signals

IQ Option offers a free demo account and two types of trading accounts:

Real: Minimum deposit is $10

  • Bonuses up to 80% on each deposit
  • Up to 45% return in case of a wrong prediction
  • Over 70 assets

VIP: Minimum deposit is $1000

  • Bonuses up to 100% on each deposit
  • Up to 60% return in case of a wrong prediction
  • Over 70 assets

Payout ratios

The average payout ratio offered by this broker is 85%.

Returns can go as high as 92%.

Assets

Forex, Indices, Stocks, Commodities, CFDs Oil, Gold, Indices, Stocks, Commodities
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Withdrawal Options:

Credit Card, Debit Card Webmoney

Trade Types

BKTrading offers the following trade types:

  • High / Low
  • One Touch
  • 60 Seconds
  • Long Term
  • Touch Options
  • Pair Options
  • Ladder Options
  • ProFollow

You can choose between the classic High/Low binaries and the faster Turbo trade feature.

Comission

No
No

Located In

Barcelona, Spain Cyprus

Phone

+34 931 845838 74956680633

Customer Service

EMAIL PHONE NO.
LIVE SUPPORT TRAINING
Customer Support Languages: English, Russian, Arabic
Customer Service Hours: BKTrading provides 24/7 customer support.
Place Trades Over the Phone?: No
EMAIL PHONE NO.
TICKETS
Customer Support Languages: English, Spanish, Russian
Customer Service Hours: IQ Option offers customer support from 9:00 AM to 11:00 PM
Place Trades Over the Phone?: No

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: In-house
Platform Languages: English, Spanish, Russian, Chinese, Arabic
OS Compatibility: Mac OS, Windows, Android
Streaming News Feed: No
Email Alerts: Yes
Mobile Alerts: Yes

Place Trades Over Phone

No
No

Email

support@bktrading.com support@iqoption.com
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You shouldn’t count on just a broad range of functionalities and flexible pricing plans from a well-known Binary Options Brokers. Almost as crucial as key features is a top-notch customer support. You want to ensure that in a situation where you have any questions about BKTrading or IQ Option, or you face some problems, or perhaps you’ll want to request a specific revision or feature beneficial to your team you can count on a responsive and helpful customer support. Check out if options such as phone support, tickets or live chat are offered. It’s also a big plus if you are able to enjoy individual training or at least a knowledge base you can use.