BDSwiss Review

review
Rating: rating
BDswiss is a safe binary options broker that is popular especially in Germany and other parts of Europe. BDSwiss does not accept US traders. The minimum deposit is very low. You can start trading with only $100.

  • Minimum Deposit: $100
  • Maximum Payout: 85%
  • Accepts US Traders: No
Promo: First Depositor Bonus » Sign up now

Broker Review

BDSwiss is a binary options broker that was formed in the year 2010. It is licensed and located in Cyprus, and it is thought to be an absolute favorite with any trader who works with them. The broker is very easy to use and is able to provide traders with a range of different options based on a platform that is bound to make everyone feel at home.

It is also one of the simpler brokers out there. There aren’t too many complex account types and bonuses to clutter up the space. This one is all about the raw trading, and it seems to do pretty darn well with it. Here you can find a very detailed review of the site and its features, so that you know whether or not to trade on it.

Account Types, Bonuses and Unique Features

BDSwiss isn’t one of those binary options brokers that offers a ton of bonuses right off the bat. It is a lot more refined than this. It feels like an exclusive club, because it doesn’t attempt to lure a trader in with the promise of big bonuses only to be let down while actually using the broker.

Instead, BDSwiss allows for a trader to enjoy the benefits of promotions and bonus offers that make themselves available every now and then at regular intervals. These vary in content, but are usually very useful indeed because of the higher potential for returns that they offer.

A typical binary options broker offers traders a number of different account types that are typically arranged in tiered form. This means that the account is unlocked based on the amount of money that the trader deposited initially. Instead of confusing a beginner with all of this, the company simply offers just one type of account.

This one can be opened by anyone who makes the minimum deposit amount of $100. This is one of the lowest deposit requirements that we have ever seen a broker ask for, which is another thing the broker has going for it.

Security and Licensing

If there is one thing that any trader should look for in a broker, it is their licensing. If a broker is regulated by an authority, it is going to adhere to the highest standards in the industry in terms of the security of your private information and the money that you invest in them.

When checking up on the security and the licensing of BDSwiss, it was found that they have a license with CySEC, the Cyprus Securities and Exchanges Commission. This is one of the most famous in the entire industry, and means that you can be assured of the highest quality of service and security.

Trading Platform Review

BDSwiss uses one of the best platforms known to the trading community. This is the SpotOption platform. It is known for its reliability and the fact that it feels very familiar for most traders with even a little experience to use.

The company that builds this platform is also very famous for being incredibly secure and easy to use. The platform is centered around accessibility, and you can actually feel how simple it is when you use it. BDSwiss also supports trading via their mobile platform that can also be very fun to use indeed.

There are many different assets provided by the broker including 7 commodities, 36 stocks, 14 currency pairs and 20 indices. This allows for a lot of diversification when trading. Trade options include the classic High/Low options, 30 or 60 second trades, Pairs, Long Term, Ladder and One Touch. There are some features unique to BDSwiss as well, such as Double Up on trades and Rollover which can increase the expiry time of a trade for a small premium.

Deposits and Banking

BDSwiss allows for a number of different banking methods to be used to make both deposits and withdrawals. Some of these include major credit and debit cards, bank transfer, Swift and Western Union. Payouts are fast and hassle-free.

Overall, BDSwiss is probably one of the most fluff-free sites that we have seen in a brokerage. It isn’t a bad thing, as it manages to pack quite a punch for its size. Make sure you check it out when looking for somewhere to trade!

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BancDeBinary Review

banc de binary review
Rating: rating
BancDeBinary is one of the leaders in the binary options industry. This broker has one of the best maximum payouts: 91%. This broker has a Cysec regulation.

  • Minimum Deposit: $250
  • Maximum Payout: 91%
  • Accepts US Traders: No
Promo: Risk Free Trades » Sign up now

Broker Review

Banc De Binary is a binary options broker that really manages to stand out from the crowd because of the way in which they operate. Whether it was other reviews or the customer experience and satisfaction rates at this broker, higher numbers have never been seen by us before.

WARNING: Do not sign up with BancDeBinary. They do not accept new traders and the broker will close soon.

It was started in the year 2009 by a company that has been pioneering the field since then. It is listed in many award winning publications, and is known as a market leader in the field. It is known for being one of the more reliable brokers out there, and is available in over 80 countries all over the world.

Reputations like the one this company has built for itself are not gained unless through hard work. Check out our banc de binary review to learn more.

Trading Platform

SpotOption is the trading platform that is used by this broker. It is famous for being one of the simplest and easiest platforms to learn. The layout is very simple indeed, and is quite easy to customize. The entire platform is based on menus that can be navigated very easily.

bancdebinary review

Options can be placed in a wide variety including High/Low, One touch, Option Building, Meta Charts and Ladder options. Keep in mind that some of these come with a very high level of risk, even though the rewards can be large indeed. Because of this, you should only attempt those like the Ladder option if you are a professional.

Banc De Binary Account Types And Features

This broker has a ton of special features, including a great mobile application that can be downloaded to a smartphone. Of course, the entire site is mobile optimized, meaning that you can trade using your browser as well. The broker also offers many advanced binary options trading signals for use by any trader, along with some of the best automated trading software on the market.

In addition to this, there is a high welcome bonus based on the deposit you make, along with a bunch of other bonuses as well. The tasks that you need to do in order to make the bonus money available for withdrawals aren’t that hard either.

Broker Name Banc De Binary
Regulation CYSEC
Website www.bancdebinary.com
Banc De Binary Minimum Deposit $250
Minimum Trade $1
Depositor Bonus Risk Free Trades
Maximum Payout 91%
Free Demo Account Yes

In addition to these and the refer-a-friend bonus, there are some pretty cool aspects of the Banc De Binary you wouldn’t find elsewhere. For example, you get to see a pretty high return on normal trades, with up to 91% returns possible at the trading table.
The minimum investment on a single option is only $1, and the maximum you can go is up to $6,000 per trade. This is a pretty wide range indeed.

There are different types of accounts with this broker, based on how much you have deposited initially. The Micro Silver account needs a $250 deposit and is great for new traders. The Standard gold account needs a deposit of $5000 and above, the Personal Management Account from $35000 up, and the Premium account from $50000 and more.

Another great account type that is offered by this broker is an Islamic account. This is made specially for the traders out there who are of the Muslim faith. These are all interest free so that they can be in keeping with the laws and the requirements of the faith.

Security and Licensing

The Banc De Binary is one of the few brokers that is licensed by the CySEC. The license number for the broker is 188/13. Security of your money and your identity is very important indeed, and you need to make sure that the broker you consider is one that places a lot of focus on this.

With Banc De Binary, you can be assured that your funds are safe. This is mainly because of the level of encryption on the site. The entire site is encrypted with SSL protocols, making it really difficult to crack. You can rest easy when you trade with this broker.

Deposits and Withdrawals

Banking with the Banc De Binary can be done in a number of ways and in a number of currencies. These include USD, GBP and Yen. Payments can be made via:

  • Visa
  • Mastercard
  • Amex
  • Skrill
  • Neteller
  • Wire Transfer and through more methods.

Withdrawals on Banc De Binary typically take about 2 days.

Banc De Binary is one of the best, and most regulated brokers out there. Working with them is a real pleasure, so make sure you check it out and trade with them if you want to!

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AnyOption Review

review
Rating: rating
Anyoption is a trusted binary options broker that has been around for many years. This broker is regulated by Cysec.

  • Minimum Deposit: $200
  • Maximum Payout: 86%
  • Accepts US Traders: No
Promo: First Depositor Bonus » Sign up now

Broker Review

Anyoption is a binary options broker that is considered to be one of the pioneers in the binary options trading game. It was first founded in 2008, and is operated by Ouroboros Trading in Cyprus. Anyoption is one of the few brokers that is actually kind to traders who lose their trades as well.

A 20% refund of the invested amount is offered for any lost trade. This isn’t something offered by a lot of other binary options brokers. They also have a high reputation for being excellent in terms of their service and their services as well. From the range of options on offer to the stellar trading software, this is a broker that is direly in need of a review. Check it out in all its glory right here!

Special Features, Bonuses and Accounts

One of the best features about Anyoption is that they have a demo account on offer. This allows the trader to practice trading in certain options using a simulated environment with virtual money. The demo account is free of charge, but isn’t offered in an obvious way. To take advantage of this feature, you first have to create an account with the broker and then make an official request with your account manager.

Some of the other features of Anyoption include the Take Profit system, where you can end your option before its set expiry time. You will pay a small premium for this, but you can get the return. Roll Forward is the opposite of this: you extend the expiry time of the option to the next closest expiry time for a small premium.

Profit Line allows you to take a look at a chart that shows off the progress of each of your invested options. You can also see how much of a profit you stand to make from these options. The Show Off area is for traders who want to flaunt their success. You can post a record of your recent successful trades and share these on Twitter and other social media sites.

As soon as you open an account with this broker, they call you almost immediately. This is very good customer service indeed. There will be a personalized representative who will tell you all about the options that you have at the broker. This is necessary because of a very strange rule at Anyoption – none of their bonus details or information about VIP accounts are shared on their website.

5 eBooks are available for new traders to take advantage of. These include topics regarding the making of good trades and general tips for trading. These strategies can be trading tips for the more advanced traders as well. Each training session online has a number of video guides as well to help you understand the Anyoption platform better too.

Security and Licensing

One thing that we all check for as traders going for a new broker is the security of the site. In addition to this, you need to keep an eye out for their integrity and standards. This can be done by checking the regulations for the broker. Anyoption is licensed in Cyprus by the famous CySEC commission.

This makes it one of the most strictly regulated brokers in the world. In addition to this, the site is completely HTTPS secured, and has SSL encryption protocols on the entire website.

Trading Platform

Anyoption makes use of their very own trading software so that they don’t have to depend on an outside developer. This is a very well-made software that doesn’t need any downloads. One of the biggest perks of this platform is that it has a mobile application as well.

It offers options like High/Low, One Touch, Option Builder and more. Assets for trade include stocks, indices, commodities and currency pairs. Expiry times for options range from 15 minutes to over a day.

Deposits and Withdrawals

Deposits and withdrawals with Anyoption are easy indeed. They support a number of international money transfer and banking methods as well as Visa and Mastercard credit and debit cards. In addition to this, sites like Skrill and Neteller are also supported. Bank wire transfers are also an option.

Overall, Anyoption is one of those sites that everyone needs to experience. Without it, you are going to have a hard time finding a good, reliable broker to trade with. We recommend that you check it out as soon as you can!

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10Trade Review

review
Rating: rating
10trade is one of the newer binary options brokers with a great trading platform and low minimum deposit.

  • Minimum Deposit: $200
  • Maximum Payout: 81%
  • Accepts US Traders: No
Promo: First Depositor Bonus » Sign up now

Broker Review

10Trade is a binary options broker that has been in operation since the year 2014. It is a broker that has recently been getting a ton of positive feedback from traders. This is probably why it has warranted a closer, more in-depth look into the platform and features offered here.

It is one of the most regulated brokers in the market, meaning that it follows some very strict rules about its financial policies. What this means is that it can’t be used by traders in certain countries including the USA, Oceania, Israel and South Africa.

However, a lot more traders all over the world have the freedom to use the broker as they please. So is it really worth spending money to deposit and create an account here? We find out in this review.

10Trade Account Types

To start off, there are 6 types of accounts to choose from at this broker. This is a lot more than normal. Each of these accounts is arranged by how much money is deposited into the account when creating it. The minimum deposit amount is $200. It opens a Welcome Account, which is the most basic form of account at 10Trade. There is a 20% welcome bonus at this level, along with a detailed guide for the platform. Traders also gain access to market reviews every day and an eBook on trading strategies.

The Bronze Account is the next level. It requires a $1000 deposit to be made initially. Traders are granted a 30% welcome bonus when making their deposit. Access is given to a platform guide for learning the interface, along with market reviews every day and the eBook. There is also access to an introduction to market analysis class, as well as a Master Class in any 1 trading strategy.

For $2500 minimum initial deposit, the Silver Account is opened. This one has a 40% bonus for newcomers, along with access to all of the same features as the Bronze account. It also allows traders to enter a Master Class for 2 different trading strategies. At $5000, a Gold account is opened. This account type allows for a 50% deposit bonus to traders along with 3 trading strategy classes and weekly market recommendations.

The last type of account at 10Trade is the Platinum Account. Requiring a $10000 deposit, this account also has a 50% bonus for newcomers. It also grants access to 5 trading strategies, daily market recommendations, express withdrawal options, special training in money management and a free tablet PC if needed.

Security and Licensing

The entire platform is protected by 128bit SSL encryption, which is one of the strongest available in this day and age. In addition to this, the whole site is HTTPS tagged to show security. This broker is located in the country of Cyprus. It is fully licensed and regulated by the CySEC, or the Cyprus Securities and Exchange Commission. This makes it one of the most strictly regulated brokers out there, which explains the lack of support for traders in the US.

Trading Platform Review

The trading software that is used by 10trade is one of the coolest on the market. It is made to be easy to use and smooth. There is little to no data latency, extremely quick execution of trade orders, and a colorful platform and interface that don’t bore the trader into quitting. All the information that is necessary is presented in a very nice manner to the user as well. News from sources like Reuters flash across the screen at intervals.

Trades are also very diverse, with options such as 60second and 30second trades, Ladder and Long Term options, One Touch and Pairs available to traders. Assets include over 100 in total including commodities, pairs, indices and stocks available for trading.

10Trade Banking

Deposits and withdrawals can be made quite easily with this broker. Payment methods include Skrill, eWallet, Neteller, Bitcoin and more. Debit and Credit Cards from major providers are also an accepted means. The process is highly secure and very reliable indeed.

The minimum deposit on 10Trade is $200. The maximum payout is 81%.

Overall, 10trade is a marvelous broker to work with. It takes the best qualities of the best brokers out there and combines them all into one. This makes it one of our absolute favorites!

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BinaryMate Review

review
Rating: rating
BinaryMate is one of the newer binary options brokers that accepts traders from all over the world (even US traders). The broker has the highest payout: 95%.

  • Minimum Deposit: $250
  • Maximum Payout: 95%
  • Accepts US Traders: Yes
Promo: First Depositor Bonus » Sign up now

Binary Mate is a broker that is registered in the UK. They have been in the game for a relatively short time since the beginning of 2016. They are company that has some of the highest standards in the world.

Even though they are strict, they are still open for trading with US traders. This makes them one of the few companies that can offer services to traders in the USA with no problems at all. We set out to find out if the company was actually worth spending some time and money in. Check out our review of the key parts of the broker right here!

BinaryMate Features, Payouts and Accounts Review

Right off the bat, there is a big bonus that is there to be enjoyed by every single trader working with this broker: video chatting. This is a feature that was introduced as a pioneering part of their customer support program. You can talk to a member of the support team over a video connection at any time (they have 24 hour customer support available to traders).

In addition to this, the maximum returns that can be enjoyed on a normal trade without bonuses is up to 90% which is pretty great. The minimum trade investment for any trade is $1 and the maximum is $10,000 per trade. Different currencies are supported as well including US Dollars, Euros and Sterling Pounds.

The site can be used in conjunction with automatic trading software, or can be configured to be used manually. One of the best special features of this broker is that it has a demo account available as well. This allows you to try the features and the tools of the broker out before you spend any money while working with them.

There are 3 main types of accounts that can be created with Binary Mate:

  • Bronze: The bronze account has a minimum requirement for deposits of $250. There is a welcome bonus of 20%. Free access is granted to traders so that you can take advantage of the stellar customer support as well as all of the educational material you need to develop your trading strategies.
  • Silver: The initial deposit that is required for you to open a Silver account is $1000. A welcome bonus of 50% is granted to you as well. In addition to this, you are allowed to place 3 risk-free trades that will return your funds to you if you suffer a loss with the trade.
  • Gold: A deposit of $3,000 yields a Gold Account. The deposit is given a 100% welcome bonus by the broker itself. A personalized manager is available, and you can pick between receiving some risk free trades or $250 in funds right off the bat.

Security and Licensing

When it comes to security, Binary Mate doesn’t have a license from a financial authority. It makes up for this with a ton of security features. These include SSL encryption protocols on all pages along with the HTTPS badge on everything.

BinaryMate Trading Platform Review

This is where the company truly shines. Unlike most other binary options brokers, Binary Mate has decided not to use a trading software developed by the third party. Instead, they have decided to design, build and maintain their own, proprietary trading platform in-house. This is so that they know exactly what is going on with the platform at all times, allowing them to assure traders of the quality and reliability of their services. The platform is very easy to use and is incredibly simple to learn as well. It can be used by beginner traders and experts alike with a lot of success.

Banking, Payouts and Withdrawals

Deposits and withdrawals can be done in four different currencies. Most of the time, the withdrawals only take about an hour. This is one of the fastest withdrawal times out there. Deposits can be made using banking wire transfers, Visa and Mastercard as well as Amex cards. Other services like Webmoney and Neteller can be used as well.

Overall, this broker is one of the best out there that we have seen. From its global reach to its stellar customer support and the unique trading platform, this is definitely one that we recommend to everyone. It is truly one of a kind, and we can’t wait for our prospective traders to try it out as well.


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PWRTrade Review

review
Rating: rating
PWRTrade is an ok broker, however you should be careful because it’s not regulated.

  • Minimum Deposit: $250
  • Accept US traders: No
  • Maximum Payout: 85%
Promo: 100% Deposit Bonus » Sign up now

PWRTrade Broker Review

PWRTrade is a binary options broker owned by a company known as GN Capital Ltd., based in the Marshall Islands. It is one of the more reliable and awesome brokers out there, in a world that is full of doubts and fear. They operate mainly in the UK, and have bases in South Africa and other countries as well. No matter how much you invest in this broker, you can be sure of getting one of the highest qualities of customer service and one of the best trading experiences you will ever have.

The whole team behind the broker is experienced and ready to assist even a beginner with the complexities of trading. So is this platform worth putting your trust and your money into? Let’s find out in the PWRTrade broker review right here:

Fun Features for Everyone to Enjoy

One of the best features of the platform is that the trader is allowed a choice between one of many different trading accounts. These include:

Micro – For deposits ranging from $200 to $500. It doesn’t have any special features added to this.

Basic – For deposits from $500 to $5000. This is the normal account type, and features an awesome welcome bonus of up to 50% of the deposit. You also gain access to a range of daily market updates.

Select – For traders who deposit between $5000 to $15000. It gives you access to the daily updates for the market, up to a 75% bonus on signup, private tutorial options, a personalized account manager and signal trading. Where the Micro and Basic accounts allow withdrawal processing in one week, the Select account does it in 5 days.

Platinum – This is for the high-end traders, with a minimum deposit of $15000. If you trade with a Platinum account, you get a 100% welcome bonus. Withdrawals typically process in 3 days, and all of the special perks of the other accounts are granted as well.

There is also the option for followers of the Muslim faith to open an Islamic account. Not many brokers offer this option, which takes away all commissions and fees. There is no interest for any trades you open overnight. There are many types of trades, including the standard binary option trading which offers up to 85% in payouts. There is also:

  • Pairs – Comparison of two specific assets to figure out which emerges on top.
  • Long term – expiry of the option occurs in a week or more.
  • Short term – quick, 60-second trading and expiry, with a maximum of 5 minutes.
  • One Touch – High risk, high reward option with payouts up to 500%.
  • Ladder – Like one touch, you determine two or more levels for the asset to hit over the course of its lifetime. The more points it touches, the greater the payout.
  • Forex and PWR follow – Social and foreign exchange options for the diversified traders.

The multiple options for trading and accounts makes this broker one of the most diverse out there, and you can really have a good experience using the many features of the site, including the epic market reviews and strategy guides, the education center and the in-site glossary of terms and the FAQ.

Is It Reliable And Regulated?

This is where the one problem is. There is no license for PWRTrade as of now, but they hope to obtain one by the end of this year. They also do not accept trades from the USA, but are open to most other countries.

Software and Platform Review

This broker uses an updated version of the comprehensive trading platform – SpotOption. All features of this platform are supported by the broker, including social trading and forex. They also have integration with MetaTrader 4. The current maximum trading size is $10000 at once, and they have a return of 81% on most options, with 72% on the 60-second option. You can deposit a minimum of $250 to begin with and you are allowed a minimum size of $25 per trade.

Epic Customer Service and Payout Options

Customer service is one of the best out there, with live chat support round the clock. You can deposit and withdraw money using Visa, Mastercard, Neteller, standard bank wire transfer, and Maestro. Payouts happen in 3 to 7 days based on your trading account.

Overall, PWRTrade is a recommended platform. There are a few issues, such as the lack of US trader support, but all-in-all it doesn’t fail to deliver high quality options with a gorgeous trading platform. If they do get their licensing through, this is one of the best brokers out there.

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Tradorax Review

review
Rating: rating
Tradorax is a good binary options broker with great ongoing promotions.

  • Minimum Deposit: $250
  • Maximum Payout: 85%
  • Accepts US Traders: No
Promo: Deposit Bonus » Sign up now

Tradorax Broker Review

Tradorax is a web based brokerage that is owned by AM Capital Ltd. It has its headquarters in the Marshall Islands, and has been around since the year 2012. Created by an experience group of working professionals, this broker has built a reputation for great customer service, a lovely platform, and for being one of the few brokers that allows traders from the US to work on their firm.

One of the most important mission values of this broker is that they place user experience above everything else, resulting in an easy-to-use friendly trading platform for traders from all over the world. So is trading with Tradorax the way to go? Let’s find out in the review below:

Exciting Features That Leave You Overwhelmed

As the brokers themselves say, this platform was created using top of the line systems to provide excellent customer service. There are over 120 services offered by the broker, and there are very competitive rates for payouts as well.

It is a great thing indeed that all of the software is based on the website of the broker, and doesn’t include a need for downloads of other applications. Free registration without the need for a starting fee is a big perk of this platform as well.

The minimum initial deposit for this broker is $250 or that amount in the currency of choice. If your withdrawal is over $500, you won’t even have to pay a withdrawal charge. There is no spread, and no hidden fees either.

Four basic accounts are made available when you sign up with the broker. As you trade with them, your loyalty to the firm increases and you get to enjoy special features as well. Any funds that you do deposit into your account are always your own property, and you won’t have to pay extra for any of the features. The four accounts are:

  1. Mini – this allows for the mobile app to be downloaded as well. It gives you access to the useful education center, with a ton of resources, and has access to a personal account manager every week.
  2. Silver – This has a 2% bonus with every trade that you conduct on the platform, as well as letting you talk to the manager twice every week. You also get special trading lessons (four of them, to be precise), and the benefits of the Mini account as well.
  3. Gold – With all the benefits of the Silver account, you also enjoy a 3% bonus for every trade that you do, and you get to talk to the account manager thrice a week. 6 trading courses are accessible, and you gain the ability to send out a group of signals. There is also the sweet bonus of being able to conduct one trade every month without risk of loss.
  4. VIP – This is for the high rollers out there. You get a 4% bonus for each trade you conduct, access to 8 special learning courses, a 2% cashback offer and two trades per month that have no risk at all.

One of the best parts of this platform is that it offers up to 200% in bonuses, if you sign up for their promotional offers, some of which are available all year round. Other promotions include 5 trades without risk and more. The terms of the promotions are easy to understand without too much technical jargon.

Reliability and Trustworthiness

As a trader, you are probably looking for the highest level of licensing and security. While the broker isn’t licensed yet, they do have SSL encryption on all their pages. They also have special insurance for customer deposits so that you don’t run the risk of losing everything to an error.

User Friendly Platform and Software

The TechFinancial platform is the software that Tradorax uses for their trades. It allows one to trade with the High/Low feature, One Touch, the Boundary Options system and Short Term Trading. Typical returns are about 85% of the trade. The boundary option isn’t offered by a lot of traders and is great for the more unstable markets that you see on the graphs.

The minimum trade size for this is $25. When you first access the platform after signing up, you find all of the technical info you need at your fingertips. The page is easy to manage and there is even a live updated economic calendar to take advantage of. Overall, the software is really user friendly and features a nice, smooth responsive design.

Easy Withdrawals for Traders

Almost all major credit cards and debit cards are allowed, as well as global payments systems and wire transfers. Service charges apply if your withdrawal is less than 500 in your selected currency, and are pretty fast.

For the most part, Tradorax is awesome. If it does get licensed, it will be even better. With the amazing customer support and the fast, easy interface, it is one that is recommended to all.

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HighLow Review

review
Rating: rating
HighLow is the most trusted broker with an Australian license. They have a really low deposit requirement of only $50.

  • Minimum Deposit: $50
  • Accept US traders: No
  • Valid Australian license (AFSL #364264)
Promo: $50 Cash-Back Bonus » Sign up now

HighLow Binary Options Broker Review

HighLow is an Australian brokerage firm that deals in binary options. Owned by the Markets company of the same name, this firm operates out of Macquarie House, 167 Macquarie Street, Sydney, Australia. It was formed in the year 2014, and has risen in popularity since then to become one of the largest brokerages in Australia.

So, are these traders the right fit for you, or are they just another bad broker firm? Find out in the HighLow broker review below.

Awesome Trading Features For Beginners

One of the best parts about the HighLow broker is that:

  • You get to try it out using a free demo account. They give you $10,000 virtually, and the demo is accessible with a single click. You can check if this is the firm for you, and if it isn’t, you can leave without any further contact!
  • There is a live feed of the current state of the market in different countries right on the home page, with the option to invest in the stock rising or falling. A live icon shows your investment, potential return for that investment and the return rate if you sell at that very moment.
  • You can also check out the spread of the high/low market trends, and see a live update of the balance in your account as you trade.
  • It is easy to catch on to, even for an absolute beginner, making it perfect for people looking to get in on the binary options trading scene. There is also an extremely helpful walkthrough of the whole trading process on the website.

Regulation, Reliability And Licensing

One of the biggest concerns in the current market is that the trader you are investing with is a scammer. The encryption on the HighLow website puts all these doubts to rest. You immediately see a digicert SSL encryption, making every action on the site completely untappable.

They have excellent standards when it comes to the protection of their users’ data, and they also have a license called the AFSL (Australian Financial Services License), number 364264. It is issued by the Australian Securities and Investment Commission.

This regulation makes it very advantageous to trade with them because of the level of security and their standards when it comes to ethical conduct, customer service and performance.

Software And Trading Platform

The company uses MarketPulse as their trading platform of choice, and it definitely serves them well. The web platform is one of the most user-friendly ever, and it is chock full of options for beginners and advanced investors as well.

The signup process is short and sweet, and there is the option for a demo account as well. You can set different expiry times for the options that you invest in. These range from as short as 60 seconds to as long as 24 hours and even more if necessary.

Trading is done in AUD (Australian Dollar) and starts at a minimum of $10 ($50 for non-Australian traders), going all the way up to $1,000. Trades can also be done in USD as well. The maximum return on any investment is 90%, and you can get a bonus of 100% too, or even 200% for the on-demand options. However, US traders are not allowed to trade with this platform, which is the only bad thing about the whole experience.

One great bonus feature is that there is a smartphone app available for download on iOS and Android, for traders who want to stay updated on the go. This software is smooth, fast and very secure indeed. It can be a very positive, fun experience for any and all traders.

HighLow Offers Instant Payouts

If you sign up with a Visa, Mastercard, Amex or a standard bank account, you have the option of getting your money for withdrawal immediately after it is paid out, with a ridiculously small transaction fee of 2%. Transactions can offer via your cards, Neteller, or even a bank wire money transfer, making it easy for anyone!

HighLow Review – Conclusion

Overall, this platform is one of the best out there for anyone to use. If you are a beginner to trading the $50 minimum deposit comes in handy the tips and tricks are very helpful, and the small minimum deposit ensures you will be able to lose the stress of overspending. For the more advanced user, it is very streamlined and allows for a ton of advanced options. Either way you will have fun while trading, and it will be a great experience. Have fun!


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Finpari Review

review
Rating: rating
Finpari is a good binary options broker with many payment methods.

  • Minimum Deposit: $250
  • Accept US traders: Yes
  • Accepts Paypal Deposits
Promo: 100% Deposit Bonus » Sign up now

Finpari Broker Review

Finpari was opened in the year 2015, and has since been rising in the ranks of brokers because of its reliability and clean interface, which isn’t something you typically find in a new broker.

One of the best things about Finpari is that it has support for traders operating out of the US. The site is friendly, easy to navigate, and has a ton of helpful information to read up on before starting to trade on it. From demo accounts to a platform that is known to most traders out there, this is supposedly one of the best brokers out there. Find out in this review whether it is actually up to par. You can sign up directly here.

The Finpari minimum deposit is $250 and the maximum payout is 90%. Finpari is one of the few brokers that accepts Paypal payments.

Note: Finpari does no longer accept US traders and paypal deposits.

Finpari Platform Features

Social trading is one of the first things that was noticed when creating an account to trade with Finpari, allowing you to watch the trades of the top customers and learn from them. Of course, if they make a mistake, you do too. Make sure you select the right people to imitate though.

When you do create an account, you don’t have to start using real money to trade immediately. You can use a demo account to get some practice in before you go for the real thing. This is more useful than you think, because it allows you to get a feel for trading without any of the risks.

There are many bonuses included. For example, if you deposit $250, you get a 20% bonus for the deposit. This can go up to 100% if you deposit $3000 or more. Of course, you shouldn’t be trading for the bonuses. These will only last you so long, and Finpari rewards loyalty with more bonus features.

The return is about 90% which is a lot more than the normal rate of about 78%. If you can come up with good strategies, this return will allow you to save a lot more than with other brokers in the same level of expertise. There are many account options available for trading to be conducted.

  • Bronze – Requires a $250 minimum deposit. This is the basic account. You enjoy fast withdrawals in an hour, which is great, and you start with an educational video based training, as well as additional e-books for research. This makes it great for beginners.
  • Silver – This is the most popular and requires a minimum deposit of $1000. It offers the fast withdrawal policy as well as a personalized masterclass and all the benefits of the bronze account too. The first 3 trades you make on this account are free of all risk. Bonuses for this start at 50%.
  • Gold – For those with a $3000 minimum deposit in the account, the gold account comes ready with 100% starting bonuses and a dedicated account manager as well for round the clock support. There is also a prepaid trading card (Swiss) offered to traders.

Reliability And Licensing

Unfortunately, Finpari hasn’t been licensed yet, probably because it is a new company. The security on the site is amazing though, with GoDaddy Certified site security on all pages of the site. Customers consistently rate its reliability as being top notch.

Versatile, Familiar Trading Platform

The SpotOptions 2 platform is used by Finpari. This is one of the most popular platforms out there, because it is easy to learn and is very familiar to most of the experienced traders out there. It offers the High/Low trading options as well as over 180 different assets. The trades expire in a range from 30 seconds to monthly, with signals coming in from the ZuluTrade platform. It is a platform that was an absolute joy to use because of how informative and user-friendly it was.

Finpari Deposits and Withdrawals

You can deposit and withdraw funds from your account using a number of methods such as credit and debit cards, PayPal, WebMoney, OKPay, bank transfers, Bitcoin and Neteller. This wide range makes it perfect for traders all over the world.

While the lack of licensing can be a problem for some people, most traders will love this platform for its high level of reliability, the friendly platform and the speed of payouts. We recommend this as well for being a fun, powerful broker for everyone.

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Signals 365 Review

signals365What is signals 365? Signals 365 is a binary option signals service which alerts its members when it believes a profitable trades can be made.

Services like Signals 365 exist to give options traders an edge over their competition and allow them to compete with larger trading firms who have access to a lot more information than the average person. If Signals 365 does its job, it should help you to make better trades and profit more often. You can get the free version here.

They however are not the only signals service available online. That’s why I have written a comprehensive review of their services below so you can learn what their strengths and weakness and decide if this is a service you want to make use of.

Can they help you make profitable trades?

When deciding on an options signals service, this is probably the most important question. At the end of the day, the main thing you care about is whether or not the service will help you make more money and profit more from your trades.

signals365

Unfortunately this question is also the most difficult to answer because options trading has a large degree of randomness and luck involved so unless you have used a signals service for a long period of time, it’s hard to tell when they are getting trades right and when they are just being straight up lucky.

Signals 365’s website claims that traders can have a 70% win rate when using their service, and for the most part it looks like they live up to that claim. It’s not just their signals however which will get you to the 70% figure, it’s also the many tools and videos included on their website which teach you how to use their signals and just trade better generally. It should be noted too that the 70% claim is a maximum, not an average.

While it may be true that 70% is possible it’s pretty doubtful that that’s the average or they would be advertising it as such. Having said that though, the very fact they can make the 70% claim is a really good sign that their signals can lead you to increasing your trade profits.

What also sells the validity of the 70% figure is Signal 365’s commitment to transparency. Many signal services make lofty claims but then hide their past data so it’s impossible to tell if they were valid or not. Signals 365 provides its users with full access to their personal trading history and the sites overall performance so you always know exactly how successfully the site is picking profitable trades.

How easy is it to use?

The service is actually very easy to use. It’s beginner friendly layout and its intuitive feel are probably one of the sites greatest strengths. All signals are listed by the time they became available and are colour coded so you can easily see what’s happening with just a glance.

You can also sort through different signals by currency type and each signal is listed with a countdown clock, signal price, expiry time, direction and asset so it’s easy to understand exactly what that signal is telling you to do. When a new signal appears in the currency you’re trading a sound notification will alert you so you will never miss an important signal. The platform also works across all of your mobile devices meaning you can know what’s going on in the world of forex, no matter where you are in the world.

How much does it cost?

Signals 365 has a free version, otherwise it will set you back $99.99 US dollars for a monthly subscription. This is hefty starting price point but you will find that services which really do help you make money will often cost a significant amount themselves. If you are able to make the investment it’s generally worth your while. Signals 365 also offers to give unlimited free access to anyone who signs up to and makes a deposit one of their partner brokers.

This is a company which actually provides you with a trading platform. If you’re new to binary trading than its definitely worth looking into one of their partners because it means you will basically get two services for the price of one.

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TropicalTrade Review

review
Rating: rating
TropicalTrade is a US welcome binary options broker with a low minimum deposit requirement.

  • Minimum Deposit: $200
  • Accept US traders: Yes
  • Our Rating: 5/5
Promo: 5 Risk Free Trades » Sign up now

TropicalTrade is a very new broker, having started only in 2016. It is owned by a company called FLY Ltd., located at St. Vincent and Grenadines. On first look, the website is extremely detailed. It has live 24/7 customer support in the form of chats, and it is one of the most well-designed broker sites that are out there right now. Any other information that you are looking for can easily be found on the main site with quick links being provided to the most frequently visited pages.

From the multiple accounts to the helpful customer support, this broker is one of the most highly recommended, although it is still building a customer base, because it is a new company. Over time, there is no doubt that this broker will rise right to the top. Is it worth investing your money in? Well, we find out for sure in the epic Tropical Trade review right here.

Features, Bonuses and Account Types

One of the cool things about Tropical Trade is that you get to register with them absolutely free. All you need to do is provide your information to the site and they give you an account. You do have to fund the account to start trading, but you can use this to get a feel for the site before you proceed.

Some of the best features of the broker come from the really cool trading platform that is truly one of a kind. However, there are also many different bonuses offered for every new account, no matter what amount is deposited into it. For example, you could have the option of a welcome bonus of 100% of your deposit, or you can get 5 risk-free trades absolutely free! These bonuses make the world of Tropical Trade a lot more attractive, that’s for sure.

When you are withdrawing your earnings from bonuses, remember that you may have to satisfy certain conditions first. For example, you have to trade with a value up to 30 times that of your bonus if you want to withdraw your earnings from these bonuses. This really isn’t that big a deal considering that the average trader is easily able to meet this goal every time they trade.

There are also different types of accounts offered by this broker, such as:

  • Basic – This is for beginners who are looking to learn about trading. Your maximum amount that can be deposited is $1000, which allows for lower risk during trades that go bad almost immediately.
  • Pro – This is for the slightly more experienced traders. It allows for deposits up to $5000, which means that a lot more trades can be carried out. However, it does take away the risk of the trader suffering too large of a loss when they make a bad choice.
  • Expert – This is the most popular account that can be created on Tropical Trade. You can deposit up to $10000, and is one of the most suitable for people who have mastered trading and need a way to expand their horizons.
  • VIP – with a maximum deposit of $25,000 this is perfect for advanced traders who need to reach greater heights when it comes to the volume that they trade and the scale they do it on.
  • Corporate – Made for companies that want to invest in binary options. The corporate account has no limits for the maximum deposit in the account.

How Reliable Is It?

Typically when looking for the reliability of a broker, traders look for licensing from a professional securities body. However, since Tropical Trade is a very new company, it doesn’t have any regulation from a large body yet. This is probably why it currently allows traders from the US to sign up for trading with it.

What Is The Software Like?

Tropical Trades uses the Panda Trading Platform, which is a beautifully designed, powerful software available online without needing any extra software to be downloaded. Over 150 assets are available to choose from, and options include High/Low, One Touch, Range and pairs. You also get the Hyper tool which invests in trades that last for 30 seconds or less. This is a very fast paced system so you should get used to options trading before you engage in this.

How to Get Withdrawals

The minimum deposit to make is 200 in the selected currency. Withdrawals can be obtained either by credit and debit cards and wire transfers. A request has to be placed before approval.

Conclusion

Tropical Trade is a broker that is highly recommended by most traders, and it was powerful and very well made indeed. We have no doubt that with the right regulation this will rise right to the top of the list.

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Nadex Review

nadex review

Nadex is the acronym of the North American Derivatives Exchange. Nadex offers retail trading of binary options, Touch Brackets™ and spreads on commodities, forex, stock indices from a single account and single trading platform.

In this Nadex review we will see why this platform is the #1 for US traders.

What Is Nadex?

Nadex is a US regulated platform, where you can trade binary options. You can visit their website here.

It is owned by the U.K based IG Group, a FTSE 250 global financial services firm.

They have been in operations since before binary options became a buzzword. In business since 2009, they have helped the US market familiarize themselves with binary option trading.

Nadex’s headquarters are located in Chicago,IL in the United States. Their business philosophy centers on the twin values of transparency and simplicity.

Nadex Is An Exchange

Nadex screenshotIn the binary options industry, we are used to dealing with brokers. Nadex is not a broker. Nadex is an exchange. There is a significant difference between a broker and an exchange.

An exchange gives you direct access to the market, by matching buyers and sellers directly. Brokers are the go-between that connect you to their partners who then give you access to the market.

An exchange offers many advantages over a traditional broker. The most important is transparency.

Brokers use a number of routes to let you pitch in the market. The reputable brokers only pursue the ethical routes. Many others use unethical tactics. For example, a broker may take an opposite position to you (trade against you) in order to get you access.

There is no way to know for sure when brokers use unethical practices. Which is why an exchange is a better choice.

Nadex only makes money by taking a $1 fee per contract you enter into and $1 for each contract you close, offering you direct access to the market.

  • Nadex makes no money when you lose.
  • They do not take broker commissions.
  • The company explicitly states the contract specifications for each asset they support on their website.
  • You do not have to open an account to access this information.

You will not find this level of transparency with most brokers.

Nadex Regulation and Fund Protection

The binary options broker industry is awash with European-regulated brokers, many of whom have maintained excellent records for over a decade now.

However, it is refreshing to have a US-regulated broker on the premium list of reputable brokers. Nadex is one of the only US-based CFTC regulated exchanges. The US regulator is the Commodity Futures Trading Commission (CFTC).

The CFTC designates Nadex as a ” Derivatives Clearing Organization” and “Designated Contract Market”.

As a CFTC regulated exchange, Nadex holds all member funds in segregated accounts in top-tier US banks—BMO Harris Bank, Fifth Third Bank. This level of fund protection is not offered by most regular binary brokers.

Nadex Trading Platform

The Nadex trading platform is a proprietary platform. Everything about the platform centers on simplicity:

  • To access the platform, all you need is a username and password.nadex-trading-app
  • No download is needed (it is web-based).
  • The platform has no access fees either.
  • You get real-time indicative data.
  • The Nadex platform is easy to use and well arranged. Additionally, you can customize it. For example, you can make a watch list to track the assets you prefer.
  • It also offers robust charting and technical analysis tools.
  • Nadex also has mobile versions of its trading platform for convenient, on-the-go trading. It is called NadexGo. The apps are available for i0S (Apple iPhones and iPads) and Android operating system.

You can trade on Nadex on your Windows, Mac, or Linux PC, as long as you have a web browser and an internet connection.

An awesome feature is its cloud multi-device sync. For example, you can place an order using the Nadex trader on your PC. Then later on, for example in transit, you can use the Nadex mobile platform to manage or exit the trade.

Assets and Expiration Times

TRADEX supports several assets in multiple classes. Furthermore, TRADEX even offers new asset classes in addition to the traditional classes.

It offers assets in the usual Currency Pairs, Stock Indices, and Commodities classes. In addition, it offers assets in the Economic Events class and even allows you to trade Bitcoin.

When writing this Nadex review, we found out that the platform supports following assets:

Asset Class Number of Assets Example of Assets
Currency Pairs 10 EUR/USD, USD/CAD, EUR/JPY
Stock Indices 8 Dow, FTSE, DAX
Commodities 7 Gold, Crude Oil, Soybeans

The expiry time differs between assets. Assets like Currency Pairs may have an expiry time of as low as FIVE (5) minutes, while assets like Stock Indices may have an expiry time of as high as ONE (1) week.

Nadex Account Types

Nadex offers four standard types of trader accounts.

The account types include:

  • Individual Account for US Residents
  • Individual Account of Non-US Residents
  • Trust, Partnerships, LLC’S, Corporation Accounts for US-based entities
  • Permanent Demo Account

Opening an individual real trading account takes minutes.

Nadex offers everyone a free permanent demo account that you can open in less than one minute. Literally! You only need to input your name, country, phone number, and email address to create a demo account.

This is what you get with the Nadex Demo Account:

  1. You get to practice with a simulated $25,000 unlimited demo
  2. You can continue demo trading for as long as you like. It is your permanent practice account
  3. You do not have to open a live account nor make a deposit before you get access to demo trading
  4. Demo accounts have access to the same full-featured trading platform as live accounts

The Nadex demo account is a great way to try out this platform.

Deposit and Withdrawal

Nadex offers multiple deposit and withdrawal options. Its minimum deposit is $250.

Payment Method US traders Non-US traders
Deposit Withdrawal Deposit Withdrawal
Debit Card Yes Yes Yes Yes
Wire Transfer Yes Yes Yes Yes
ACH Bank Transfer Yes Yes No No
Paper check Yes No No No

Nadex Review: Fees

Nadex charges a contractual fee of $1 to open a contract and another $1 to close a contract. However some exceptions exist.

  • The standard contractual opening fee is $1.
  • They do not charge the contractual closing fee of $1 if you let your position expire out of the money.

Aside from contractual opening and closing fees of $1 each, the only other extra fees are the standard $25 fee for wire withdrawal and $25 fee for a returned check.

Therefore, deposits and withdrawals are free except for the wire withdrawal. The $25 fee for wire withdrawal is the standard fee in the financial industry.

Nadex Learning Center and Support

Nadex boasts of an expansive learning center. Thus, it is very clear that Nadex is committed to ensuring clients succeed in the market. This is because it sticks to their bottom line.

They make money when you open and close contracts. Accordingly, you wouldn’t keep opening contracts if you are largely unsuccessful. Therefore, it is in both in your interest and Nadex’s that you have long term trading success.

The Nadex learning center contains:

  • Extensive educational courses
  • Resources, such as Videos, Webinars, e-books, and even trade examples
  • News and Market Commentary
  • Glossary
  • FAQ

You can contact Nadex via Phone and Email. Response is terrific in terms of both speed and how it addresses the underlying situation which prompted you to initiate contact.

Is Nadex A Good Broker?

As you can see in our Nadex review, the platform is awesome. The biggest appeal of Nadex is that it is an exchange and not another run-of-the-mill broker. That makes all the difference in the world of binary options.

With Nadex you are certain that they are not trying to play a fast one on you. That certainty, complemented by simplicity and utmost transparency, makes Nadex a fantastic binary options company to choose for your trading activity.

Nadex continues to innovate in the binary options trading industry (for example they recently introduced Touch Brackets)

Its appeal is compounded by being regulated by the CFTC, offering services to US and non-US residents alike, record low fees, a robust trading platform, versatile asset classes giving you the ability to trade US and global indices, forex, commodities, economic events and Bitcoin; and a lifetime demo account.

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Boss Capital Review

review
Rating: rating
Boss Capital is a top binary options broker with up to 85% profit and top notch live chat support.

  • Minimum Deposit: $200
  • Accept US traders: No
  • Our Rating: 4.5/5
Promo: 100% Deposit Bonus » Sign up now

Boss Capital is binary options broker that is owned by Cheshire Capital Ltd. The broker launched in 2014 and has been going strong ever since. The broker accepts deposits from traders worldwide but due to the current legislation American and Japanese traders. A free demo account is available for all traders who are interested to test the platform first without risk.

Boss Capital Trading Platform

Boss Capital offers a reliable web based TechFinancials platform, that loads very fast and enables smooth trading. Boss Capital offers traders a couple of choices on the trading options including boundary, 60 seconds, call/put and touch. The expiry time frame for the short term options ranges from 60 seconds to 5 minutes. There are over two hundred asset types and they offer commodities such as gold silver and coffee. The return for the standard option is 85% for in-the-money trade but you can earn up to 360% on the high yield options. Boss Capitals do not offer any refund to traders who suffer losses from out-of-the-money trades.

boss capital review

The platform interface is simple and you can find all the features you need without having to navigate around for a long time. To start trading, you simply need to enter the investment amount and click on the buy button. The call and put buttons are conveniently located to the left side of the trading platform. The economic calendar is where you can find announcements on the important events. Boss Capital also offer a mobile platform that is compatible for Android and iOS devices.

Types of Boss Capital Trading Accounts

Boss Capital offers 5 account levels for traders with different investment capitals. The Mini account can be opened with a $500 minimum deposit plus they will credit your account with a 25% bonus. Uou need to deposit $1000 if you are interested in opening a Starter account. You will get rewarded with a 30% welcome bonus when you make the initial deposit into the Starter account. Silver account is for traders who has at least $5,000 to invest in trading. Boss Capital is offering a 50% bonus for Silver account holders.

The minimum requirement for Boss Capital’s Gold account is $10,000 and you will get up to 75% welcome bonus. Additionally, Gold account members will enjoy up to 3 risk free trades. If you want to open a Platinum account, you must deposit at least $25,000. Platinum account features 100% welcome bonus, 5 risk free trades and 3 guaranteed profit trades.

Boss Capital Trading Academy

Boss Capital trading academy is where you will find educational resources on binary options trading. You can download the free e-book to study the glossary binary options terms and learn how to implement the different trading strategies. There are video courses offers tutorials on advanced trading strategies in a clear and concise format. You will learn how to perform research and analysis on the market.

The online webinars offers a collection of pre-recorded live webinar that you can watch from your home. Boss Capital also offer academy sessions for traders but only members with silver account level and above can access them. Silver account holder gets 1 free academy session while Gold account can attend 2 academy session. But, if you have a Platinum account, you can attend 5 academy sessions. They will send 7 signals to your email if you subscribe to their trading signal service.

Customer Support

Boss Capital offers telephone support for 46 countries in South America, North America, Europe, Asia, Africa, and Oceania. They also offer 24/7 live chat support and email support for customers.

Deposits/Withdrawals

Boss Capital allows you to perform deposits and withdrawal via credit card, and bank wire. They accept 3 major credit cards including Visa, MasterCard and JCB. The minimum deposit amount depends on the method you use for depositing the funds into the account. The minimum deposit amount via credit card is $200 while the minimum deposit amount via bank wire is $500. The minimum withdrawal amount is USD $10 while the maximum withdrawal amount is $20,000. If you want to withdraw your bonus, you must meet a minimum trading volume of at least 30 times the bonus.

Boss Capital Review – Verdict

In conclusion, Boss Capital just recently entered into the binary options trading industry but it is managed by an experienced account management team. They are one of the brokers that offer 24/7 customer support and you can trust that their customer support staff will always give you a response within minutes when you contact them via online live chat.

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Option Web Review

review
Rating: rating
Option Web is a great EU binary options broker, powered by SpotOption. Read our review below.

  • Minimum Deposit: $200
  • Accept US traders: No
  • Editor’s Rating: 4.5/5
Promo: Free Trade Up To €50 » Sign up now

Option Web is a regulated broker under the management of a Cyprus based company called Lionsman Capital Markets Ltd. Option Web is regulated by several organizations including CySEC and the FCA. Founded in 2012, they have already started to gain positive compliments from many traders around the world. They offer more than 190 tradeable assets and do not charge any commission for the trades you place. The average payout for the standard options at OptionWeb ranges from 83% – 90% depending on the level of account.

Option Web Platform Review

Option Web is powered by Spot Option that features 6 types of options including standard call/put, pairs, long term, short term, one touch and forex. Both the web based and downloadable desktop based SpotOption trading platforms are available. The long term options have an expiry of up to 1 year while the short term options have an expiry as short as 1 minute. The Double Up feature allows you to replicate a profitable trade with all the same parameters to increase your profits by twice.

The Roll Forward feature appears about 15 minutes prior to the expiry of your option. Using the Roll Forward feature enables you to extend the option by one more period. This feature is useful if you can see that your option is going to be out of money. The Buy-Me-Out feature allows you to sell the option before it expire. Option Web also support an Android and iOS compatible mobile platform so you can conveniently check your trades when you are on your mobile phone.

Option Web Trading Account

When researching for this review, we found out that Option Web offers different types of accounts:

  • Starter
  • Standard
  • Silver
  • Gold
  • Platinum

The Starter account requires a combined payment starting from $200. Starter account’s members can only choose from 80 types of assets. The combined payment requirement for Standard account is $1,000 and Standard account’s members will get to choose from 120 assets. Silver account, also known as Paid account, has a combined payment requirement starting from $3,000. Gold account is for traders that are interested in making a combined payment of at least $10,000. Platinum account is for traders who intend to make a combined payment of at least $50,000. Diamonds account is designed for traders who want to make a big combined payment of at least $250,000. Customers of Silver, Gold, Platinum and Diamonds account will have access to the full range of 180 types of assets.

OptionWeb Education Center

There is a free ebook that provide basic guide on binary options trading and the important features on the trading platform. They also provide up to date news in the binary options market and daily reviews. The economic calendar records all the important events and you can make use of it to analyze the market. If you need help in studying and analyzing the graphs and charts, there is always a graphic expert ready to help you.

Deposits & Withdrawals

OptionWeb offers the two most common deposit/withdrawal methods which are credit/debit cards and bank wire. They also support other alternative deposit/withdrawal methods including Skrill, Neteller, Neosurf and paysafecad. They do not charge any fee for traders who want to make a deposit or withdrawal. Bank wire deposit only support transfers in two currencies including Euros and Dollars and it will takes 5 days for a bank wire deposit to arrive in your account. The withdrawal request is processed in between 1 – 5 days depending on the account level you sign up.

Customer Support

You can contact OptionWeb’s customer support by 3 ways including email contact form, telephone number, and live chat. Their customer support is open most of the time in weekdays. The website layout support 6 languages including English, Dutch, Spanish, French, Italian, Netherlands and Russians. They have a FAQ section that addresses questions in different areas such as platform, deposit/withdrawal, and account registration. There is a large video library and you can also take part in the interactive school.

Is Option Web a good broker?

As you see in this review, Option Web is a reliable binary options trader that has been authorized to operate in all Eurozone jurisdictions. They regularly organize trading contests with attractive trading prizes to help traders improve their trading skills.

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Tropical Trade Review

review
Rating: rating
Tropical Trade is one of the best binary options brokers with an average payout of 81%, powered by SpotOption.

  • Minimum Deposit: $200
  • Accept US traders: Yes
  • Our Rating: 5/5
Promo: 5 Risk Free Trades » Sign up now

Tropical Trade is a newer binary broker founded in 2016 and operates under the name FLY Ltd. This company is based in St. Vincent and Grenadines, but their payment services is done by another company called Cumberland Capital Ltd which is headquartered in Liverpool in UK. Since Tropical Trade is new, many traders will be curious to want to know whether it is a scam company.

There aren’t many customer reviews posted on the web concerning this brokerage firm. So far, all the reviews about this companies have been positive. Tropical Trade is not regulated but they are probably submitting their applications for the license soon. The company is among the small list of binary options brokers that allow trades from the US to deposit and trade with them.

Tropical Trade Trading Platform

Tropical Trade offers a user friendly web based Panda Trading Systems and there are over 200 types of assets to choose from. The average return rate you can expect from the high/low options is 81% if you trade on the EUR/USD currency pair. The chart in the platform is updated based on the real time feeds that are streamed from the leading financial portal, Reuters. The chart features technical indicators that inform you about the expiry time of each asset, as well as the exact payout and maximum return rate you will receive if you win the trade.

The Hyper feature allows you to place trades in bulk in a short time so that you can maximize your profits. You can also place your trade on other types of options including one touch, range and short term options. It also has a mobile platform for traders who frequently travels around different places and want to be able to monitor their trades on the mobile phones.

Tropical Trade Trading Accounts

Tropical Trade offers 5 types of accounts:

  • Basic
  • Professional
  • Expert
  • VIP
  • corporate

The basic account is for traders who want to deposit up to $1,000 in their accounts. The professional account is for traders who has a capital of between $1,000 – $5,000 to invest. The expert account is designed for traders who want to open an account and deposit between $5,000 – $10,000 into the accounts.

The VIP account is for traders who have $10,000 – $25,000 to invest in an account. All the accounts feature welcome bonuses. You must meet the 30 times trading volume before they will let you withdraw all the balance in the account. There is no cost to sign up for the account and it only take a few minutes to input your personal information in the registration form to apply for a new account. When registering for a new account, you get to choose from 5 different types of currencies including USD, EUR, GBP, CAD and AUD.

Deposits & Withdrawals

For deposits/withdrawals, Tropical Trade accepts a variety of credit/debit cards including MasterCard, Visa Electron, Solo, Maestro, Diners Club, Switch and Delta. They also allow you to make deposits/withdrawal through bank wire transfer. When you want to withdraw, you simply place a withdrawal request on the My Account page. They offer a demo account and the minimum amount of deposit they accept is $200. You can place a trade for as low as $5 and they let you invest up to $20,000 per trade. You have to submit proof of identity documents whenever you want to perform a deposit or withdrawal.

Educational Materials

The Tropical Trade Academy offers a variety of educational materials including binary e-book, glossary, market analysis, trading strategies and trading signals. You need to have an account with them before you can access them.

Customer Support

Traders can contact the customer support through email, telephone and live chat. There are telephone support for customers located in North America, UK and Australia. There is one support email address which you can use to contact their customer support team whenever you face issues. It has a FAQ page where you can find answers to questions frequently asked about the platform, account registration, deposit and trading platform.

Is Tropical Trade a scam?

In conclusion, Tropical Trade is a good choice for US traders because they have a low minimum deposits and offer fast withdrawal processing. Tropical Trade offers a trading platform with a simple layout, great educational materials, and responsive customer support.

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