10Trade binary options broker is relatively new to the market as it was introduced to it in the year 2014. It is a licensed by the CySEC company broker that has its own exceptional platform for options trading. This particular brokerage company is striving to perform an available and safe buying and selling process which makes this platform one of the most attractive in traders’ eyes (both beginning and advanced). Its simple interface makes the whole process simple, effective and without any hesitations profitable due a big number of operations and instruments.
10Trade is capable of offering regulated options trading in Cyprus as well as Europe, which means that the company would like their clients to work with and experience only safe trading. This instrument also brings a pretty high payout percentage that reaches as high as 81% letting traders receive big profits, multiple types of options (60 seconds, One-Touch, Call/Put, long-term option of up to a year etc) and a standard set of assets: stocks/shares, currency pairs (all wide-spread ones plus such rare pairs as Australian and New Zealand dollar), indices and commodities (gold, silver etc). There is a great opportunity to trade not only European or American shares but also Russian ones, for example, Gazprom, Lukoil and many others.
The process of opening an account with 10Trade is extremely simple and easy. All you need to do – state your name, surname, e-mail and a phone number. Right after that you will receive a call from the company’s representative who will help you to activate your status. Min. deposit is $200, but it is always advised and recommended to begin with at least five hundred dollars i.e in this case you can get a bonus that will definitely help you to increase your start-up capital.
The company offers 6 types of accounts which in their turn provide multiple bonuses, pros and pluses etc depending on the added sum. But even the basic (standard) account is great and suitable for novices whereas advanced one gives enough individual space to satisfy the best and most demanding clients in this industry.
Everything starts with a 20% bonus which is followed after the $500 deposit is paid and offers a special training on how to work with the platform, every day market analysis, electronic book and a personal consultant who helps to understand and have a clear idea about some basic questions. This standard kind is suitable for those people, who really wish to start a trading career but don’t have enough experience as yet.
Bronze account is opened with a deposit of $1000 and includes 30% bonus, full and complete introduction to the market review, one winning trading strategy plus all the features from the standard account.
Silver account ($2500)- for this money, you get a 40% welcome bonus, 2 strategies to help you increase the income. Besides, strategies let traders not only start out from knowledge and intuition but also confirm the choice with the help of a technical analysis, in case if there appear some issues or hesitations.
Extremely popular account kind is Gold with a deposit of $5000. It includes daily advices as for the situation on the market, 3 trading strategies and a 50% bonus which means that a holder of such an account is automatically gifted with $2500 just because he/she decided to join this particular company.
Platinum– is considered to be one of the most promoted kinds comparing to those mentioned above. It includes all advantages of the previous accounts, plus an additional 5 strategies, daily recommendations regarding the situation in the industry, fast withdrawals, money management teaching to make your funds stable and safe. Minimum deposit for all these services is $10000.
Presidential– can be got only after a special request is sent and is considered to be the most advanced one thanks to unique VIP bonuses. 10Trade bonus depends on the sum added to the deposit and can reach all 100%. As a valued customer, you get the following: a premium class service from a personal senior consultant who is at your convenience 24 hours a day, 7 days a week to solve any problem or issue appeared during the trading process. Immediate withdrawals help to enjoy the financial flexibility and let you “rip the fruits of victory”.
10Trade broker doesn’t offer many variants of payment or withdrawal methods. You can do both by using such ways/methods as bank cards: Visa and MasterCard, payment system Skrill, Neteller and wire transfer. Minimum sum of payment is 200 Euros, dollars or British pounds. The currency of an account is chosen once and cannot be changed in the future. In case if you make a transfer from the account in another currency, conversion is used automatically according to the current exchange rates.
In order to provide client’s safety, the platform asks each and every trader to submit the documents that would confirm the identity as well as a copy of a passport and a copy of community facilities to confirm the address of living. All these documents should be uploaded in your personal account, after which they will be checked and the process of money withdrawing will become much easier and faster. This requirement is pretty standard for absolutely all brokers as it means that they “fight” with money laundry and frauds, thus providing you and your funds with safety.
If you wish to take the money from the system with help of a credit card – the min. sum is $30, yet using a wire transfer, it makes $100. The broker proposes all customers without any exceptions to withdraw the money once a month without any commission. But if you do that more than once, then you will have to pay an additional commission of $30 every time you withdraw the funds.
If you have a desire to buy a binary option, then its minimum cost is $5, maximum $5000, and for an options with an expiration of 60 seconds – $500 maximum.
For all options, except 60 second, there are chances to Double and Prolong. Prolongation lets increase the option period, so in many cases this also lets make a loss-making option winning. Speaking about Doubling, this opportunity lets users receive twice more profit for an option rather than it is planned. This option is used, when it becomes clear that an option is very close to a winning one.
NB! If you bought a Call/Put option type and it closed at the same price at which it was bought, you get all your money back paid for the purchase without any commissions.
Customer Service and Mobile Applications
Customer service is available 24/7 in order to make it as quick and efficient as it is only possible. A desire and striving to satisfy the clients consists of a very experienced team of professionals who will eagerly provide lots of advices starting from technical ones and finishing with payments or withdrawals.
Clients can receive help and assistance by means of a phone, e-mail and chat. Foreign clients will not experience any problems connected with communication with the customer service as there are people who speak more than 10 languages, including English, Spanish, French, German, Italian, Russian and many others.
10Trade is currently launching mobile apps which are already available for Androids and iPhone (iOS) – operating systems. This feature will let users get data and information about their operations and positions everywhere and anytime.
10Trade Academy of Education is available for extension of possibilities to all users, thus giving them a complete and full set of informational materials. No matter whether you are a beginner or a professional, the academy will 100% provide you with useful materials, such as electronic books (describe a depth of terminology and techniques), webinars, video-lessons (include introduction in binary options trading for novices).
The company also has a live on-line radio that broadcasts successful financial analytics who speak about the situation on the market, economic news and buying/selling opportunities that lead to a considerable increase in profits. Successful investors always have and always will have more knowledge in the industry and therefore are capable of making money by using all educational instruments on this platform. Finally, holders of a Platinum account have a chance to use the help of the top-class financial specialists.
One more point that should be added is that both beginning and advanced traders are offered an opportunity to pass special courses in English which are divided into two parts: for novices and professionals respectively. Beginners are offered such themes as: risk and victory, emotionality, peculiarities and advantages of options trading. For more experienced clients, there is a course that represents such topics as: strategies and indicators that are often used in binary trading.
There is also an advanced course for those, who wish to learn more complicated yet more winning strategies to earn maximum profit from the trading process.
To start trading, you will just need to pass a simple registration; there is no need to download any software, that’s why you can trade in an online regime.
To get answers to all questions, you have an opportunity to contact the customer support that works in a form of a chat. Also you can send a letter on an e-mail and get answers within 10-15 minutes. Besides, for all European countries and Russia, there is a possibility to call and get necessary answers. Logging in to the site, you have a possibility to select a language. Finally, the broker offers daily and weekly market review with the help of which you can get a lot of useful information. The presence of an official registration in Cyprus, lets traders worldwide consider that 10Trade is one of the most reliable brokers, meaning that the working process with it is really profitable.
The broker and its platform is not available for people from America. Also there is no opportunity to try and test the platform due to a demo-account thus deciding whether it is comfortable for you or not.
10Trade company has a great reputation on the market due to its advantages, exceptional and unique features and functions. Beginners should definitely begin their option trading career with this particular broker as it has a very simple and comfortable platform as well as all so needed and necessary educational materials, data and resources.
All you are required to do, is to register, select a suitable account and add funds to it. It will not take longer than a few minutes, after which you will be absolutely ready to make your first money. And it is only your choice if you want to use your strategies or use broker’s signals and analytics.
In case of some questions or issues, you can always contact the technical support as it works without days off and therefore can help you anytime.
It should also be mentioned and noticed that the brokerage company 10Trade has been performing on the market for only two years, yet has already managed to be distinguished due to its unique character, features and functions. Company’s clients can increase the size of their capital/funds thus remaining confident in safety of their money. High-quality customer support team offers its help and assistance 24/7 without any delays. In the platform, you will come across a large choice of different assets among which every trader will find something suitable and preferred. Successfully made trades provide investors with up to 81% profit and attract lots of clients for a long- term perspective of further cooperation.
In the rating, 10Trade is in a top 10 brokers. The work with it is a big profit for absolutely every trader. The evidence of this fact – thousands of positive reviews, comments and feedbacks about it. Give it a try and you will not regret it ever.