|Tradethunder is one of the newer binary options brokers. They accept US traders as well as all other countries. Their minimum deposit is really low.
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Trade Thunder is a binary options broker that is relatively new in the scene. It has been in the game since the year 2015. The company that owns it is called LGK industries. The main offices of this broker are located in the UK. It is a pioneer in the binary options trading industry, making use of an all new trading platform and some really great services and option types.
According to the traders who have worked with this broker and traded with it in the past, it is one of the best out there. They have a ton of unique features available to traders along with some of the most reliable transaction methods out there. We delved deeper into the workings of Trade Thunder to see if we would be as thunderstruck as the rest of the traders.
Account Types, Bonuses and Features
One of the prime features of this broker is the customer support. It is responsive to any requests made by customers, with phone support and live chat offered round the clock. 4 languages are supported over the phone as well.
Upon signing up with this broker, you are asked to pick the type or the tier of account that you want to start trading on. These accounts are arranged by level, each with a different minimum deposit required to access then.
The Standard Account is the most basic account type. It requires that traders deposit $20 to open. A welcome bonus of 40% is waiting for traders who open this type of account, along with an invite to two webinars on trading free of charge. Traders can also access weekly market reviews and a trading eBook.
The Premium account asks for a minimum deposit of over $600 to open. It has a 60% welcome bonus to its traders, and includes an invitation to the two webinars. In addition to this, traders are given 2 weeks’ worth of binary trading signals free, as well as the weekly market review and eBook.
For the Pro account, experienced traders are recommended. It asks for a minimum deposit of $1000, and it has a 75% welcome bonus for new traders. Traders are also invited for 4 free webinars on trading, along with 3 risk free trades. A whole month of trading signals is provided to new traders for free.
VIPs are the highest account types in Trade Thunder. They ask for a deposit of $5000 in order to be opened, and come in the same package as a 100% welcome bonus. There is an invite for any number of webinars on trading with no limits. 5 risk free trades are provided to the trader along with a free binary options robot for automatic trading. Trading signals can be used indefinitely without charge, and the maximum value for a single trade is increased to $500 per trade.
One of the biggest perks is that this broker offers a free demo account to traders. You don’t even have to make a deposit to access it. The entire platform can be viewed and used without a deposit being made.
Security and Licensing
As of now, Trade Thunder doesn’t have a license and therefore isn’t regulated by a recognized body. This allows them to provide brokerage services to clients in the US as well as other countries outside of Europe. Their site security is one of the best we have seen, with 128bit SSL encryption throughout the site as well as HTTPS tagging all over the website.
Trading Platform Review
The trading platform used by Trade Thunder is called the BX8 Binary Platform. It is a new platform made by Leverate, but it is beautifully made. Beginners and experts alike can trade without worrying about getting stuck. It has a unique layout without the need for downloads. Multitasking is easy on the platform, and the trade dollar amount is always $0 when starting a new trade, instead of the amount last used. A new One Click trading function is always available.
Deposits and Withdrawals
At present, trade thunder offers 3 main methods for making deposits and getting paid. Visa and Mastercard credit and debit cards can be used, as well as bank wire transfers. This isn’t the biggest range out there, but it is nice and smooth.
Overall, the broker did leave us reeling from the shock of such a great broker hidden behind layers of mystery. Make sure you check it out when you are starting to look for a good broker!