Comparison CTOption vs. Magnum Options

Selecting the right binary option trading srevice for your business is hard with so many functions, choices, and terms to check. On the other hand, using our review platform will help you to streamline the selection process by getting all major brokers in one place. For example, you can compare Magnum Options and CTOption for their functions and overall scores, namely, 8.0 and 8.0, respectively. Similarly, you can see which service has higher general user satisfaction rating: 96% (Magnum Options) and 94% (CTOption) to determine which solution is the better option. Don’t simply choose the solution with the lowest minimum deposit, but the platform that offers the best value.

Comparison

CTOption

VS

Magnum Options

VS

Our Score

Our Score

8.0 ?

Our Score

8.0 ?

Customer Experience

Customer Experience

94% ?

Customer Experience

96% ?

Minimum Deposit

$250

$200

Accepts US Clients

Yes
Yes
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Complete Review

Description

Most binary brokers use a generic trading platform supplied by Tradologic or SpotOption. But, CTOption has opted for a platform supplied by Panda Trading Systems Ltd (Panda TS). This company provides quality customized tools in the online forex industry. Therefore, they are knowledgeable about the requirements of online traders.

The Panda TS platform is easy to use and does not need intensive training. It offers mobile trading too. The platform offers a range of tools that traders can use to maximize their profits. CTOption has also created custom systems for its own use utilizing the top financial engineering and technology infrastructure available in the field.

Magnum Options is using the SpotOption trading platform, considered to be one of the most common trading platforms in the market because of its ease of use and flexibility. It is so straightforward that even inexperienced users won’t find themselves having difficulties browsing and performing trade features and processes with SpotOption.

Assets

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

Customer Service

EMAIL PHONE NO.
TRAINING
Customer Support Languages: English, Spanish, German, Arabic
Customer Service Hours: CTOption offers comprehensive 24h support for its customers
Place Trades Over the Phone?: No
EMAIL PHONE NO.
LIVE SUPPORT
Customer Support Languages: English, Italian
Customer Service Hours:
Place Trades Over the Phone?: 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

support@ctoption.com support@magnumoptions.com

Withdrawal Options:

Webmoney, Credit Card, Debit Card, Bank Wire Transfer, Moneybookers, CashU, Skrill Credit Card, Debit Card
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Located In

UK British Anguilla

Trading Accounts

CTOption offers three types of trading accounts:

Mini Plan: Minimum Deposit of $250

  • 24h Withdrawal
  • Weekly Market News
  • 24/7 Support Service
  • Welcome Bonus

Standard Plan: Minimum Deposit of $2,500

  • 24h Withdrawal
  • Weekly Market News
  • 24/7 Support Service
  • Welcome Bonus
  • Personal Account Manager

Executive Plan: Minimum Deposit of $10,000+

  • 24h Withdrawal
  • Weekly Market News
  • 24/7 Support Service
  • Welcome Bonus
  • Personal Account Manager
  • Trading Guru Hangouts
  • No Processing Fees
  • Expedited Withdrawals
  • Opportunity to win tablets, smartphones and more

Magnum Options offers the folllowing trading accounts:

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

Trade Types

CTOption offers four contract types:

  • One Touch
  • Range
  • Hyper
  • High/Low

Magnum Option offers the following trade types:

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

Phone

442035192322 1-855-217-4642

Platform

Platform type: PandaTS
Platform Languages: English, Spanish, German, Arabic
OS Compatibility: Mac OS, iOS, Windows, Android
Streaming News Feed: Yes
Email Alerts: Yes
Mobile Alerts: No
Platform type: SpotOption
Platform Languages: Italian
OS Compatibility: iOS, Windows
Streaming News Feed: Yes
Email Alerts: No
Mobile Alerts: No

Place Trades Over Phone

No
No

Deposit Options

Webmoney, Credit Card, Debit Card, Bank Wire Transfer, Moneybookers, CashU, Skrill Credit Card, Debit Card, Bank Wire Transfer, CashU

Payouts Percentage

90%

85%

Payout ratios

Average returns are around 80% and can go as high as 90%. Rebate for losing trades is 5%.

75%

Comission

No
No
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It may not always be sufficient to just compare Magnum Options and CTOption against each other. Although useful features, pricing plans and customer experience are all crucial and should be taken into account when making a final decision, you should also pay attention to the recognition and awards merited by every solution. In many cases a less popular solution may turn out to be a good choice that was a winner of many industry awards such as our Exceptional Customer Support Award which reveals that regardless of smaller market presence it’s a worthy contender to the products that dominate the market.