Compare Magnum Options vs. CTOption

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

Magnum Options

VS

CTOption

VS

Score

Our Score

8.0 ?

Our Score

8.0 ?

Client Satisfaction

Client Satisfaction

96% ?

Client Satisfaction

94% ?

Minimum Deposit

$200

$250

Accepts US Clients

Yes
Yes
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Complete Review

Description

Magnum Options makes use of the SpotOption trading platform, deemed as one of the most popular trading platforms out there due to its ease of use and flexibility. It is so straightforward that even inexperienced users won’t find themselves having a hard time navigating and performing trade features and processes present at SpotOption.

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.

Place Trades Over Phone

No
No

Withdrawal Options:

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

Deposit Options

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

Assets

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

Platform

Platform type: SpotOption
Platform Languages: Italian
OS Compatibility: iOS, Windows
Streaming News Feed: Yes
Email Alerts: No
Mobile Alerts: No
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

Customer Service

EMAIL PHONE NO.
LIVE SUPPORT
Customer Support Languages: English, Italian
Customer Service Hours:
Place Trades Over the Phone?: No
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
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Comission

No
No

Trade Types

Magnum Option offers the following trade types:

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

CTOption offers four contract types:

  • One Touch
  • Range
  • Hyper
  • High/Low

Located In

British Anguilla UK

Payout ratios

75%

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

Trading Accounts

Magnum Options offers the folllowing trading accounts:

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

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

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

Phone

1-855-217-4642 442035192322

Email

support@magnumoptions.com support@ctoption.com

Payouts Percentage

85%

90%

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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.