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EZTrader: The Best and the Worst of the EZTrader Binary Options Trading Platform
EZTrader is probably is the best known of the binary options trading platforms on the market today. EZTrader typically offers the highest deposit bonuses but they vary significantly on a daily basis on their website. To avoid this variation, we’ve worked out a special deal with EZTrader to provide readers of the Binary Options Weekly a 45% bonus ($250) on deposits of $550. To access this deal click the link below:
EZTrader: The Best Features of the EZTrader Binary Options Trading Platform
Generous Deposit Bonuses: As we mentioned above, typically the highest in the business. Check out the current promotions box on the right side column of this site to view deals on amounts other than $550 for the EZTrader platform.
US Based Stocks: The EZTrader binary options trading platform offers binary options contracts on major US stocks including: Apple, Google, Starbucks, JP Morgan, Ebay, and Dell amongst others. If you’re specialty is US stocks, then EZTrader is likely the platform for you.
Lack of Withdrawal Restrictions: EZTrader allows you to withdrawal from your account any amount at any time, with no restrictions on withdrawals of amounts deposited or profited.
EZTrader: The Worst Features of the EZTrader Binary Options Trading Platform
Lock-Out Period: This is hands down the most often heard complaint in regards to the EZTrader binary options trading platform. EZTrader locks traders out a full 15 minutes prior to expiration, the largest lock-out period of all the leading binary trading platforms. For traders looking to play extremely short-term trends/reversals this could be a major issue for you.
OptionBit Review: The Best and the Worst of the OptionBit Binary Options Trading Platform
OptionBit is best known for being the low-cost binary options trading platform on the market today. What may be surprising is that the low-cost leader is also one of the true innovators in the space as OptionBit is one of the few binary options platforms to offer Touch Options and the soon to be released Range Options.
OptionBit Review: The Best Features of the OptionBit Binary Options Trading Platform
Low Minimum Trade Amount: OptionBit allow binary options traders to trade contracts with as little as $10, far below the industry average of $30 per trade. The minimum deposit amount for the OptionBit platform is $100.
Touch Option Functionality: OptionBit recently launched its touch trading binary options functionality. In touch trading, binary options traders select either a high target or low target determined by OptionBit and collects a return of a round 190% should the asset ever touch the level the binary options trader selected at any point prior to expiration. Touch Options are available on a daily basis on the OptionBit platform.
Attractive Deposit Bonuses: OptionBit typically offers deposit bonuses up to 30% on their site. We’ve worked out special deals with OptionBit that are typically higher than the deals being offered through the general OptionBit website. Check the current promotions box in the right side column of this site to view the latest deals. Click HERE to register with OptionBit for free and claim your bonus.
Lock-Out Period: OptionBit locks out trades 5 minutes prior to expiration, easily the smallest lock-out period amongst the leading binary options trading platforms. This allows binary options traders the ability to continue to trade/hedge positions for 55 minutes of a typical 60-minute expiration.
OptionBit Review: The Worst Features of the OptionBit Binary Options Trading Platform
Maximum Trade Amount: While this may not be a concern for most beginning binary options traders but for more advanced traders OptionBit’s maximum trade amount of $999 could present a problem. The industry average maximum trade amount is around $3,000.
Losing Trade Return: OptionBit is one of the few binary options trading platforms to not offer any percentage return for losing trades. Thus the binary options traded on this platform are purely all-or-nothing.
Click Here To Test Drive The OptionBit Binary Options Trading Platform
OptionBit Review
StartOptions: The Best and the Worst of the StartOptions Binary Options Trading Platform
StartOptions is slowly becoming the binary options trading platform of choice for many binary options traders. From generous deposit bonuses to access to free practice accounts StartOptions offers both beginner and more advanced binary options traders a solid execution platform and clean user interface. Trading binary options on the StartOptions platform is pretty straightforward; traders choose an asset to trade, insert a trade amount, select a put (below) or call (above), and hit the Trade button to place the trade. The user interface is highlighted in the picture below:
StartOptions: The BEST Features of the StartOptions Binary Options Trading Platform
Generous Deposit Bonuses: StartOptions typically offers a deposit bonus of 25% usually dependent on the total amount deposited. However, we’ve arranged a special, exclusive deal with StartOptions for readers of the Binary Options Weekly: Sign up through the link below or through the registration form in the right column and receive a 40% ($200) on deposits of $500:
StartOptions 40% Deposit Bonus
Practice Account Access: Whether it’s through their own platform or through their partner platform, Tradesmarter, StartOptions offers beginning binary options traders access to a practice, paper-trading account. So if you are tentative about jumping in and trading real money, you can gain a sense of comfort with the trading functionality and test your binary options strategy in a risk free manner. To gain access click here: StartOptions Practice Account and register for the StartOptions platform or for quicker access register through the StartOptions registration box located in the right column of this site.
Sentiment Indicator: StartOptions is one of the only binary options brokers to provide a real time sentiment indicator on their platform. The indicator tracks the percentage of puts vs. calls purchased on a given asset during the current expiration period. This is a nice feature and possibly a data point to consider before placing a trade.
Deposit / Trade Amounts / Return: StartOptions requires a minimum deposit amount of $100 and minimum trade amount of $30, basically in-line with the industry average. Winning trades return 60-81% with losing trades returning 10% of your trade amount.
StartOptions: The WORST Features of the StartOptions Binary Options Trading Platform
Limited Number of US Stocks: This is really only a ‘Worst’ if you like to trade US stock based binary options. The StartOptions platform currently only offers binary contracts on 5 US underlying stocks (Apple, Google, Cisco, Microsoft, and Yahoo).
Lock-Out Period: StartOptions locks out trades 10 minutes prior to expiration. While this isn’t the worst amount of time to be locked out, other platforms offer 5-minute lock-out periods, meaning you can continue to trade/hedge your binary options positions for 5 minutes longer than you can on the StartOptions platform.
****Exclusive StartOptions Deal for Binary Options Weekly Readers: Register with StartOptions for FREE using the form in the right column of this site and receive a $200 bonus (40%) for deposits of $500. ****
