TopOption General Information
Headquarters: SafeCap Investments, registered in Cyprus.
Website: http://www.topoption.com
Assets For Trade: Up to 180, including stocks, forex, commodities and indices.
Minimum Deposit: $100 USD
Minimum Trade Investment: $10 USD
Maximum Per Option: About $3,000 USD
Option Refund: 30% on loss.
Traders from USA: Accepted.
Additional Features: Option Builder, One Touch, Pro Trader.
Platform: SpotOption
Languages: Over 20, including English and Spanish.
Binary trading is a relatively new sort of business in the world and hence, it is important for each and every trader to understand the business properly if he has to build a successful career in this business. Over the last few years there has been a surge in the binary options business and more and more people are nowadays getting inclined towards investing money in this business. It is true that this trade involves huge risks and uncertainties but with the help of trading platforms like topoption it is possible to curb the risks and uncertainties associated with the business and make some good profits within a very short time.
In order to cater to the needs of traders topoption offers a high payout of 85 percent. It means a trader investing $100 can easily earn $185 if the actual price movement matches his prediction. It is therefore, quite obvious that those who are in search of some good profits within a very small time and with a very small investment would have no difficulty in investing money through this platform. Such a high payout keeps this platform decidedly apart from other trading platforms that offer 65 to 71 percent return on investment in case of successful trades.
One of the most important features of this platform is that it asks for a minimum deposit of $100 which can be afforded by everyone. The low minimum deposit makes it possible for almost everyone to invest money in the trade without the fear of losing much. Topoption, therefore, is one of the most favorite trading platforms of those who are new to the business and do not have much capital to invest in the market.
Another important feature of the platform is that traders can easily invest money in the trade through credit cards, money brookers, wire, transfer, neteller, paypal and web money and can also withdraw the money with the same.
The customer support service offered by topoption platform is available in eleven different languages including English which makes it a perfect choice for clients anywhere in the world. People, irrespective of their language, can easily choose this platform to invest money.
It also offers traders a large number of choices of underlying assets including stocks, indices, currencies and commodities from which investors can choose the right one according to their preference. However, it is always better to take the help of a professional in this regard in order to make an informed decision with topoption.
24Option General Information
Founded in:December 2010
Headquarters: in Potamo Yermasoya, Limassol in Cyprus
Website: www.24option.com
Minimum Deposit: $250
Minimum Trade Amounts:
Maximum per Option:
Traders from USA: Allowed
Platform Provider: Tech Financials
Languages: Spanish, English, Dutch, French, Italian, Indonesian, Portuguese, Romanian, Swedish, Danish and Turkish.
When 24Option was started in 2009, a major buzz was created in the binary options industry. Since then, the company has kept growing steadily, providing investors with the simplest of tools that are required for trading in options. The main idea behind the platform is somewhat from other binary options brokers since the assets are arranged from the briefest expiry period which is generally 60 seconds. You can, for instance, come across a complete list of assets that are arranged according to expiry time. The first assets are the ones with the briefest duration.
The last asset expires towards the end of the day. As a trader, you can click the High or Low tabs and select stocks or indices to look at the selected assets. The assets also appear from the briefest expiry period to the longest.
The 24Option platform is a lot easier to use than the rest, according to most traders. If you are someone who likes to trade round the clock, this is a choice that you will find rather attractive.
The in-money return is very attractive. 84% in-money and 15% out-of-money refunds are also available. The returns on an average are 80% and 10%, and are among the largest in the industry.
Despite the relatively high minimum investment, nearly around $24 for maximum assets, 24Option provides varying amounts of minimum investments. There is a demo available for the beginners so that they can trade with virtual money and then invest for real money. While many beginners might be skeptical about the average minimum deposit of $200, in this case the money is worth it due to the regulation by CySec which ensures the safety of your money. The regulations aspect is one of the main reasons why the platform is not a scam. With an incredible support and user interface, the platform easily scores over the rest of its kind.
The navigation and trading procedure is incredibly easy. The website is easy to use and contains charts and live information once you click on the asset.
If you want to take a closer look at the assets at 24Option, all you need to do is click on the asset tab and benefit from the information from Yahoo and relevant charts. All in all, this is a safe platform to use. Mention must be made of the customer support that provides a warm welcome to the traders and patiently answers their queries. The team also monitors traders’ progress round the clock.
OptionBit General Information
Website: http://www.bestbinarybroker.com/ioption/
Year of formation: 2009
Location: Cyprus
Deposit account: $250
Maximum amount used: $1000
Platform: Tradologic
With the growth of binary business traders are always in search of such a platform that would help them give a boost to their business. As a result, the demand for impeccable trading platforms is going up day by day. Over the last few years there has been an effort on the part of the binary traders to use such a platform that would allow them to secure good profits within a very small time and with a very small investment. It is to be kept in mind that binary trading is a business of extreme possibilities and so traders have to be careful enough in the selection of the trading platform. Optionbit, however, offers a reliable trading platform to traders who are in search of some good profits.
One of the main features of this platform is the low minimum deposit that it asks for. Traders have to deposit a small amount of $200 in order to start trading through this platform. This enables smaller traders with a limited business capital to take part in the trade and secure a handsome amount of profit from it.
Another important feature that sets optionbit apart from many other almost identical trading platforms is that the money can be deposited through a whole lot of options including wire transfer, credit card money bookers, click and buy, debit cards and web money. The withdrawal process is even simpler through credit cards, web money, click and buy and wire transfer.
As far as the assets are concerned, optionbit offers a large number of assets for traders to choose from. Over the last few years several new assets have come into prominence and this platform accommodates them in its list. It offers services in commodities, currencies, indices, stocks and bonds. However, the assortment may not be as extensive as many other binary trading platform service providers but it is still a good choice for those who want to make some money out of the global money market.
The customer support service is available is available in four different languages apart from English. This makes optionbit a perfect choice for those who are not so fluent in English. Investors can contact the professionals through the newly introduced “Live Chat” feature or can also interact through e-mail and call back feature. The relatively high payout of 65 to 81 percent makes this platform a favorite of those who are in search of some good profits in binary trading.
Stockpair is Your Clearance to Making Money
Stockpair is a familiar and exciting platform that helps you trade from the comfort of your home. It helps traders to trade in binary options and stock pairs one against the other in a user friendly manner. The platform is unique and intuitive, allowing traders to choose stocks from a handy dropdown menu. Once a particular pair of options is selected, traders can choose from a position and invest anything between $20 and $6000. If a trade opens for over an hour, the trader can choose to exit early whether they are in a profit or in a loss. This makes the platform suitable for any trader.
If you are using Stockpair, you can select the pair and binary options from 7 different stock exchanges in the USA, Australia and Europe, and various currency pairs like the USD/CHF, EUR/JPY, EUR/USD and more. You can trade on the platform 24 hours a day on commodities such as oil, gold or indices. Once a position is open, traders can chart the alterations on a live feed or get engaged in other activities while waiting for the expiry time.
Features
If you want to make your trading experience comfortable and profitable, this platform is filled with features that are created to help the novice as well as seasoned trader. These include everything from risk management tools such as expiry decided by the trader, early sale options and trade control to a technical analysis chart and an extensive trading guide. The reports stand out with showing the trader the chart of their closed trades for improving their learning process and strategy.
Customer Service
Other than providing traders with an excellent platform, Stockpair provides reliable customer services. However, the support is only available during the trading hours. Top quality services are provided by the reps. All the customer’s questions are answered and often the rep goes beyond the scope of query to provide you with practical advice so as to structure the trading process.
Stockpair is easy to use from the beginning to the end. With a simple process of registration, you can start investing with your trading account by making deposits through Moneybookers, wire transfer and credit card.
The platform is available only with the web based version, making sure the non-requirement of downloads. It is also easy to switch between binary options and stocks and find the right asset from the dropdown menu. Traders can make deals on the basis of familiar products and strategies which are easy to understand with StockPair.
TraderXP General Information
Founded in: 2009
Headquarters: British Virgin Island
Website: http://www.traderxp.com/
Minimum Deposit: $200
Minimum Trade Amount: $10
Maximum per Option: $1500
Return Rate in %: 68%-75%
Option refund if out of the money: 0- 10%
Traders from USA: Allowed
Additional Options: Currency, Indices, Commodities and Stocks
Languages available: 10 Languages including English, Russian, French, Arabic and Spanish
Founded in late 2009, TraderXP is among one of the first brokers to hit the market. It was launched to provide investors with an intuitive and simple platform for investing in the financial markets. They provide traders with opportunities to trade with financial assets in the form of binary options for currencies, commodities, stocks and indices and generate maximum returns. Since their establishment, the company has managed to become one of the trusted and reliable names in terms of binary option brokerage. The trading platform is one of the easiest to operate and no software download or installation is required.
Since TraderXP is web based, all you need is a reliable internet connection. At present, the platform offers 4 different classes of trading vehicles. The platform offers traders the choice of opening accounts with as little as $100.
If you are opening an account and funding it for the first time, you are entitled to a bonus of 25%. The minimum trading amount is 10%. Other than that, there are periodic bonuses that are given out during the promotional periods like Christmas. The minimum amount you can trade with is $10, choosing from more than 23 different stocks, 15 pairs of currency, 13 indices and 4 commodities to trade with. The following assets are available for trading with the binary options platform:
- Currencies: EUR-USD, GBP-USD, AUD-USD, USD-BRL, EUR-JPY, NZD-USD, GBP-JPY, USD-ZAR, USD-CAD
- Commodities: Wheat, coffee, oil, platinum, silver, gold and sugar
- Stock indices: IBEX, TOPIX, STRAITS TIMES, S&P500, NASDAQ100, Nikkei 225, ASX Australia
TraderXP provides a 100% web based trading platform that allows you to trade without downloading any software. The following options are available:
- High or Low
- Touch option
- Option boiler
Payouts: The platform offers maximum payouts next to around 75%. Traders can even make up to 500% with the Touch options choice.
Trading Requirement
There is a certain amount of flexibility when it comes to setting the trading expires. The platform allows expiries that are low as 15 minutes and 30 minutes and similarly as a week. The accounts can be operated in Euros or US dollars. There are different kinds of funding and withdrawal methods including credit cards (applicable for some countries), Moneybookers, bank wire transfers etc. Traders can purchase the weekly Touch/No Touch option over the weekend.
The TraderXP customer service is available for 22 hours a day for 6 days per week. The multi-lingual customer support system is available in English, French, Russian and Arabic.
Banc de Swiss General Information
Founded in: 2011
Headquarters: Mainzer Landstrasse 41, 60329 Frankfurt
Website: www.bancdeswiss.com
Minimum Deposit: $100
Minimum Amount Trade: $5
Geographical restrictions:Mostly focused on the European Market
Trading Options:You can trade in stocks, forex, commodities as well as indices
Trading Methods:Spot option
Refund: up to 10%
Platform Provider: Spot Option
Languages supported: English, German, Deutsch, Italian, Latvian, Estonian
Banc de Swiss is a leading name in the German trading market. It came into operation in 2012 and since then it has been instrumental in creating an impact in the field of options trading. The main reason for this is that it had made quite a stir in the German niche that was dormant until then. The local traders chose CFDs more than binary options. The company made its foray into the European economy with the help of a smart marketing strategy and a low minimum deposit of 100 Euros. More importantly, it provided the traders a chance to place 5 Euro trades which is considered an extremely low valuation in the world markets.
There is little to risk and traders also have the chance to assess the platform with some 5-euro trades.
This was one of the major reasons that attracted traders to theBanc de Swiss. Soon, the brand became a name to reckon with, expanding swiftly to other European countries. The web based platform is powered by SpotOption, one of the primary providers of financial trading platforms for many of the prevalent brokers in the market.
The best thing is that you can avail of the choices that are provided with most of the SpotOption white labels. If you trade through the“Pro Trader” mode, you can avail the tools and indicators that are accessed by the high end professional trading platforms.
Demo Account: If you are a trader who is not confident about trading in the real market, you can try the demo account which is actually a simulation of the actual trading experience. Only when you are confident, you can implement your ideas into real time trading and earn money.
Binary trading through Banc de Swiss is one of the most basic forms of trading. It allows you to choose an asset and speculate on the direction of price movement for a given period. You may click on Call if you think the price will increase, or click Put if you feel that the price is about to go down. The broker provides two special features such as the Rollover and Double Up.
- Rollover: These are instances where you are on the verge of losing trades. This is really a stop loss strategy. It postpones the expiry time of the trade. Although the rate of return falls slightly, the trader is still safe as they can make some profit without losing trade money.
- Double Up: It helps magnify your profits. When the expiry time comes near, you might find that you have strong predictions. This helps double the profits.
CitiTrader General Information
Headquarters: Limassol, Cyprus
Website: http://www.CitiTrader.com
Assets For Trade: Up to 100, including currencies, stocks, indices and commodities.
Minimum Deposit: $100
Minimum Trade Investment: $5
Maximum Per Option: $1,500
Option Refund: 0-15% on loss.
Traders from USA: Accepted.
Additional Features: Option Builder, One Touch, 60 Second.
Platform: SpotOption
Languages: English only.
Over the last few years binary trading has emerged as one of the most lucrative avenues of investment in the modern market. It is to be kept in mind that there are a large number of people who take binary trading as a gamble and restrain themselves from this trade as they consider it to be a gamble. However, it would be inept to term this trade as a gamble, though it involves huge risks and uncertainties. The platform that cititrader offers makes binary trading an easier affair and traders can navigate through the platform quite easily. This platform is particularly a favorite of those who are new to the business and do not want to invest a huge amount on the very first go.
The most important feature that keeps this platform much ahead of others is its relatively high payout. At present most of the binary companies offer a payout of 65 to 71 percent on successful trades, whereas, cititrader offers a payout of 81 percent if the trade ends in-the-money.
Moreover, through the One Touch Option traders can even earn a return as high as 500 percent on the successful trade. Therefore it is one of the most reliable platforms of those who want to have a good income within a very little time.
Another important feature of this platform is that it also allows traders to gather information about the trade through a demo account. The advantage of using a demo account is that it allows traders to go through the market condition and experience the intricacies of the trade without investing a single penny in the market. It is to be kept in mind that the success in binary trading largely depends on the trader’s ability to take the right decision at the right time. The demo account that cititrader offers is helpful for new age investors who do not have a clear concept about the business.
The platform as well as the customer support service is provided in four major languages including English and so traders from all corners of the globe are able to navigate through the platform quite easily.
Another important feature that deserves a special mention is that cititraderoffers a return of 10 percent of the invested amount in case of unsuccessful trades. This allows traders to fall back to something even if the trade ends out-of-money. Hence a lot of traders nowadays prefer this platform for investing money in binary trading.
