Compare CTOption vs. Magnum Options

Selecting the right binary option trading srevice for your business is hard with a lot of features, choices, and terms to consider. However, relying on our website will allow you to cut down the necessary steps by displaying all major providers in a single place. As an illustration, you can match Magnum Options and CTOption for their tools and overall scores, namely, 8.0 and 8.0, respectively. Likewise, you can see which provider has better general user satisfaction rating: 96% (Magnum Options) and 94% (CTOption) to determine which one is better. Don’t just choose the service with the most attractive minimum deposit, but the one that gives the best value.

Compare

CTOption

VS

Magnum Options

VS

Score

Our Score

8.0 ?

Our Score

8.0 ?

Client Satisfaction

Client Satisfaction

94% ?

Client Satisfaction

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 makes use of the SpotOption trading platform, considered to be one of the most widespread trading platforms in the market thanks to its ease of use and flexibility. It is so simple that even rookie traders won’t find themselves having difficulties browsing and performing trade functions and processes with SpotOption.

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

Comission

No
No

Payouts Percentage

90%

85%

Email

support@ctoption.com support@magnumoptions.com

Assets

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

Phone

442035192322 1-855-217-4642
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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

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

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.
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

Deposit Options

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

Payout ratios

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

75%

Located In

UK British Anguilla

Withdrawal Options:

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

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In the event you are still having second thoughts about which solution will work best in your case it might be a sound idea to analyze each service’s social metrics. Such metrics are quite often an indicator of how popular every service is and how extensive is its online presence. For instance Magnum Options Twitter profile has currently 169 followers. At the same time CTOption Twitter is followed by 0 users.