CherryTrade Review

CherryTrade
Authors Rating

CherryTrade Broker Review

CherryTrade offers professional market analysts that give traders one-on-one training sessions. Cherry Trade, widely recognized for an exceptional customer service is quickly becoming one of the preferred brokers among binary option traders. This binary options broker that offers the innovative Spot Option trading platform.  This includes an intuitive and cutting edge trading platform, a vast selection of trading tools and services, competitive returns, superior customer support and service and much more.

 

CherryTrade.com is a sleek, user-friendly and exciting binary options broker that launched in 2013 in Gibraltar. They receive high grades for their outstanding customer service and educational programs.   They are a serious broker that displays a concern and commitment to their traders.  The many trading features offered on the Cherry Trade platform include 30 second, 60 second, 2 minute, long term, touch and Pair options. Ladder Options, a new and innovative way of trading was recently added.

 

Their goal is always to put their clients first, focusing intently on giving them the best experience possible with 24/07 live chat and multiple support numbers available for different countries. They offer a SSL Encrypted security system as well, so you know your hard-earned money is safe.

 

CherryTrade.com Review in Details

  • Special Features: Classic Options, Ladder Options, Pair Trading, 60 Seconds, One Touch and Long Term
  • Payout: Average is ~81% while Max is ~1,500%
  • Transaction Requirements: $5 – $1,500
  • Number of Assets: 162
  • Customer Service Channels: Live Chat, Email and Telephone
  • Languages Supported: English/Arabic
  • Accepts U.S. Citizens: No
  • Deposit: $200 – unlimited
  • Demo Account: On Request upon opening trade account
  • Trading Options: High/Low, Short Term Option, One Touch, Ladder Options, Long Term Options and iFollow
  • Protected Investment: Upto 10%
  • Welcome Bonus: Up to 100% for New Traders
  • Mobile Trading Available: Yes
  • Types of Assets Available: Currency Pairs, Stocks, Commodities, and Indices
  • Resources Available: Video Training Library and eBook

 

Cherry Trade has an expert Team of financial traders and advisor’s, which has given them a cutting edge in providing services both for new traders as well as professional traders. New Traders are given support via their education centre and by having a dedicated Manager to the account, whilst professionals or more experienced traders can make use of the Professional Analysts at Cherry Trade and utilize their signal services. Cherry Trade offer a wide variety of products and options to trade.

 

CherryTrade Platform

 

Although Cherry Trade is not currently regulated in Europe, they have been adhering to strict Regulation Standards that are normally seen across the best of brokers.  The minimum investment requirement is $200 and minimum trade is only $5. This is a huge advantage especially if you are new to the industry and don’t want to feel at risk of losing most of your money in only a few trades. But if you aren’t new to the industry and you like to test strategies then this broker is a great choice as well! In addition to the low risk, CherryTrade offers a captivating trading interface that is easy to manoeuvre and understand giving another reason for traders of all experience levels to join.

 

Cherry Trade offers 100+ assets in four markets that include currency pairs, indices commodities and the leading stock market names. Verification of Identity: Required. No withdrawals are allowed without verification of Identity. Bonus: 100% for Beginners: Word of warning. Read the fine lines when accepting bonus, and feel free to ask your dedicated Manager what the implications of accepting a Bonus are. Most Brokers will require a minimum volume of turnover before you can withdraw your profits. Ensure that you know whatthis turnover will be before committing to receipt of a bonus.

 

CherryTrade Supplement your Income

 

Cherry Trade Bonuses

Cherry Trade has a deposit bonus and other bonuses for current clients. The terms for each will vary from bonus to bonus but usually come with the standard trade volume minimum of 30 times the bonus. This is fair and below the average broker which will require 30 times bonus + the matching deposit amount. First time deposit bonuses vary according to your deposit amount.

 

Cherry Trade Withdrawals

Cherry Trade withdrawals can be made to credit card or by wire transfer. They don’t yet have eWallet, the only thing I don’t like about them. Wire transfers are unlimited but cost $30 each. Minimum withdrawal is $100 and cannot be made until the bonus terms have been met. Processing takes up to three business days and then an additional 7 business days to reach your account for a total up to two standard weeks.

 

Deposit, Payout and Bonuses 

The minimum deposit is just USD $200 for the ” Classic Account “, ideal choice for beginners in the binary options trading.  Cherry Trade is giving away up to 200% Welcome Bonus  or Up to 10 Risk Free Trades in all first deposits. Redemption Criteria Applies – Speak to you Cherry Broker upon registration for further details.

 

CherryTrade Bonus

 

Minimum deposit is average – 200. Cherry Trade does a good job with banking but I still think they could add Skrill or some other eWallet. Deposit is easy but limited to credit card or wire transfers. Withdrawals are made back to the original method and take about 2 weeks. Profits are only handled via wire transfer and takes up to 2 weeks. Bonuses are available and come with a standard volume minimum of 30 times the bonus amount, up to 100%.

 

Type of Accounts

You can choose 5 type of accounts depending on your investment 1) Basic ( Up to $1,000 ) 2) Professional (up to $5,000 ) 3) Expert (up to 10,000 ) 4) VIP ( up to 25,000 ) and 5) Corporate

 

Assets and Expiry time

CherryTrade include around 150 assets to trade ( indices, commodities, currencies and stocks ) . The trader can sell the options before they do expire. The early expiration may help to drive more profits by the use of the portfolio.

 

Customer Services

Their customer support is excellent. It’s available through the email so you have to send the form where you have to give your name, email, phone and the department you want to reach. The customer care can also be contacted via live chat or telephone.  They provide a free personal account manager to all traders with a private skype room, weekly calls with no extra charge and free trading alerts.

 

CherryTrade

 

In my opinion Cherry Trade  is a great choice not only for its state of the spot option style trading platform but also for the free educational content it provides to all existing and new traders.  If you are looking for a trust-worthy broker who works within the highest quality standards, CherryTrade is a great choice and we can recommend them for anyone who is interested to trade binary options.

For more options check out our Brokers Review

 

Sigma Options – The Volatility App

Sigma Options
Authors Rating

IS SIGMA OPTION A SCAM? SIGMA OPTIONS REVIEW!!

Sigma Options is a relatively new broker in the binary options industry.    From the moment you enter the website, you cannot help but notice the sleek and modern design of this binary options broker. Everything you need in order to trade binary options can be found under the Sigmaoption trading umbrella.  This system is used by the majority of binary option brokers worldwide. Sigma Option offers the fully variety of types of binary options. You can trade standard High Low, high speed 60 second options, Ladder Options, One Touch, and Long Term binary options.

 

The broker requires has a $250 deposit.  Bonuses are available and subject to a redemption criteria which must be met before any profits from bonuses can be unlocked.  Withdrawals can take up to 5 working days .  Sigma Option offers a variety of deposit and withdrawal methods from credit card to direct transfers.   Sigma Option does have a short introductory video which claims that one can earn upto $1000-$8000 per month.  The video promotion is fairly short and simply suggest what can be achieved given the right training and money management. To clear the doubts of traders that, is Sigma Options is a Scam ? No sigmaoption.com is not a scam.  In this review of Sigma Options system we shall set out the facts about this broker.

 

 

Full Review for Sigma Options

Sigma Option is a binary options broker that is operated out of London by the owner, BR Holdings Ltd. BR Holdings Ltd’s primary offices are in the Marshall Islands. The broker utilizes the Spot Option trading platform, and has 4 different account types. The gold and premium accounts offer free signals and a trader can even set the system to trade automatically.

 

Sigma Option states that the minimum withdrawal that can be made is $100. As with most binary options brokers, you have to supply the proper documents to attain a withdrawal. These would include a copy of your photo ID, a copy of a utility bill showing your name and address and a copy of the credit card used to deposit. Sigma Option takes 3 days to process a withdrawal request.

 

The one thing we can say is that Sigma Options does seem to encourage learning about key concepts by highlighting that are part and parcel of a traders tool kit including Bollinger bands, RSI and Moving averages.  This is reflected on the main website though not on their auto trading promotion.

 

Sigma Option Scam Red Flags

This sigma option auto trading software should be debunked for various reasons as well. When you log in to the landing page, the headline hits your face.  It says ‘Discover How You Can Easily Earn $1,000-$8,000 a Month with SigmaOption.’ In addition to this we would encourage that proper risk money management is utilised to ensure that any one who chooses to trade with this or any broker so that you don’t easily get burnt out.

 

At the moment Sigma Options is not regulated.  However they employ a customer oriented ethos which shows us that the company is value driven. When we enquired we were informed that this company is working towards achieving this status.

 

How Does the Sigma Options App System Work?

After entering your name and email address to reserve your spot, you are required to sign up for a trading account with one of the binary options trading brokers named in the Sigma Options User Guide. This guide also shows you how to deposit your trading funds.

 

There is a minimum deposit requirement with the sigma option app, so you will have to fund your account with at least $250 and then link your trading account to the Sigma Options software. All you need to do is set the app to trade automatically on trading signals generated by the system.

 

About Sigma Option

Sigma Option is a binary options broker that is operated out of London by the owner, BR Holdings Ltd. BR Holdings Ltd’s primary offices are in the Marshall Islands. The broker utilizes the Spot Option trading platform, and has 4 different account types. The gold and premium accounts offer free signals and a trader can even set the system to trade automatically.

 

We really cannot tell you much about the history of Sigma Option. In August of 2015, BR Holdings Ltd in London created Sigma Option and partnered with Spot Capital Markets Ltd using their patented Spot Option trading platform. The rest of the history of Sigma Option is yet to be made.

 

The lowest deposit a trader can make to get started is $250. There are multiple trading options including long term, 60 second, one touch, pairs and more. Payoffs can be as high as 91%, which is high in comparison to many other binary option brokers.

 

Sigma Option does  does have a product called XL Signals which gives you signals on a variety of assets and you can control the alerts that you receive based on the probability and accuracy of the signals. We see on their account type page that they offer automated trading for large accounts.

 

Sigma Option Demo Account Options & Terms and Conditions

Sigma Option does not offer any kind of demo account. They do have a nice amount of binary options educational material though. In addition to all this they also bring about the following benefits if you choose to manually trade on their platform.

 

Benefits of the SigmaOption platform:

  1. Web-based, no downloading necessary
  2. Availability of Islamic Accounts
  3. Diverse products
  4. User friendly trading experience
  5. Quick and easy deposits/withdrawals

 

If you have traded through Sigma Option, please share your experience. You can do so in the comments area below.

 

Conclusion:-

Our review of Sigma Option broker revealed that this broker utilizes SpotOption platform, which is among the most advanced platforms on the market. The entire website appears pleasing to the eyes, as the color combo isn’t too distracting or intrusive. In addition to the SpotOption software, the broker also supports mobile trading, through its iOS and Android binary options trading Applications. These mobile Apps are a wise move by the company, bearing in mind that an increasing number of traders in binary options would like to trade while on the go.

 

Sigma Option website is user friendly by being available in English and partly translated to Italian, German, Arabic and Swedish. This can assist traders with navigation even if English isn’t their primary language, as this is often the case. More great news is that trading platform is completely translated to languages mentioned which increases the pleasantries of trading altogether, and makes it simpler for non-English speakers.  Live chat is also available, but this feature is only for registered users. Once the registration process is complete, and the user logs in, the live chat feature will appear on the screen.  The website offers an education section that provides a few videos and articles that can assist traders with improving their techniques in trading.

Sigma Option

 

In our opinion the company is trust-worthy, professional and most of all a great way to generate a decent income.  If you are interested to trade with a different  broker directly and visit Our Brokers Checklist because there are plenty of unregulated scam brokers in the industry which you can find listed on our Blacklist. Thank you for reading this review.

 

Interactive Option Scam Warning

Interactive Options Status
Authors Rating

Interactive Option Scam Alert!!

Please read this important regarding the Interactive Option Scam that has taken the market by storm. Following our review early this year assessing the credentials and broker facilities, Interactive Option Review we have received further information pertaining to this broker. of this The owners and CEOs of Interactive Option, Rudy Jermoune and William Davila, a brand of Pegase Capital Limited, it has been brought to our attention have been involved in lots of suspicious activity and mischievous behaviour which highlight the extent of the Interactive Option Scam tag judgement that seems to best fit how the company has been behaving recently .

 

It has also come to our understanding that they are being investigated for and lately have come under intense scrutiny by CySec.  We would urge all our clients to resist any further further investment with this broker and to proceed withdrawing any investment as quickly as possible.  If you have an active complaint with the broker we would also advice you to contact your credit card company.

 

Interactive-option.com had been fined by CySEC for $100,000’s earlier this year for multiple violations.  They kept this so much under the wraps that the true extent of the chaos is now being seen.

 

We have also noticed that live testimonials of 1000’s of traders have been posting their negative reactions on many forums and blogs, including ForexPeaceArmy, Watchdog and other several of the authority sites.  This is really bad news and despite the impression they left that they had mended their ways the truth is far from reality.

 

In truth this firm has engaged in severe malpractice by conning their customers and withholding payments from their key affiliates and marketeers. This is not at all.  We have always said that customer service is of paramount importance in this industry and should any broker or auto trader have complaints of this nature , it does not bond well for the company and presents a ‘big red flag’ overall.  What we have noticed is that this broker was skating on thin ice and were brushing all the negativity under a carpet.

 

What does it mean for Interactiveoption members?

When an organisation turns against their own employees and refuses to pay their advertising partners for months, their own partners and friends turn on them and it’s been confirmed that Rudy Jermoune and William Davila withdrew much of the company’s revenues into their own personal bank accounts and fired several employees. Their own partners are reporting that Interactive Option is withholding payments for over 3 months.

 

Regardless of what happens with Interactive Options, we have seen enough to  steer clear of this company.  We would urge you to do the same.  CySEC.GOV may have fined them but we are sure this would not be the only penalties they may face as the fire begins to reach its climax.

 

They have continued to violated the accepted business practices as outlined by Cysec and governing bodies for EU regulated brokers. They are now in debt and looking for a way out, and when scam-artists get cornered, they look for means to an escape and cut their losses in the process.  It would be better if you distance yourself now from this company whilst there is still a chance.

 

Please remember to share your feedback below this updated review and you are welcome to share this information. This news is fresh and may concern many but you’re better off abandoning the ship before it sinks.  All the information in this review is real and should concern you, we encourage other blogs and forums to share this and discontinue your association with Interactive-option.com .

 

 

Interactive Option Scam regulatory status:- but for How Long?

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Please share this review and comment below. We can only hope that you do not have any funds investment with them, but if you do, contact your credit card fraud department and file a disputes as chances are that you might be successful.

 

As with this company we do not know what the future holds for them but them but we strongly advice not holding at connections with them or their associated companies.

 

Verdict: Interactive Option is a SCAM!

Please also be vary of th Forex brand under their ownership: MTX Plus

For more viable options compared to this broker please refer to our Regulated brokers page. If you have any questions or want to suggest that we conduct a review on a certain system, feel free to contact us so that we can get right on it.

 

TradeThunder Introduction & Detailed Overview

tradethunder-usa-broker
Authors Rating

TradeThunder Review

Tradethunder – Low Minimum Deposit USA Binary Options Broker Overview!

TradeThunder Broker Review at a Glance

Maximum Payout Rate: 90%
Average Payout Rate: 80%
Minimum Deposit: $20 (yes, only 20)
Minimum investment per trade: $1
Bonus: 100% of deposit
Mobile devices: iOS, Android
Number of assets: 44
Trusted: Yes
Go to site: http://www.tradethunder.com/

 

TradeThunder Broker Synopsis

We are very glad to introduce Trade Thunder one of the few USA friendly binary options broker we can trust! TradeThunder.com is not only a great solutions for those who are reside in the United States but they also offer a very low minimum deposit of only $20 and a minimum trade requirement of $1!.  Following our myth or reality article this excellent news.  For a look at this review please check out – http://binaryumpire.com/us-binary-options-brokers-myth-or-reality/.

They offer 24/6 live chat as well as phone support in 4 countries. Customer service is responsive and knowledgeable. The platform is translated into 7 languages. The education department offers multiple strategy guides as well as free trading signals depending on the account level.

 

Tradethunder Trading Platform

The Spotoption.com technology white-labels are no longer available in the US as we discussed in our previous review. Many of the brokers who have decided to stay are currently not offering their services until their application of getting new regulations with the CFTC.GOV and SEC has been finalised and approved.

The by Leverate BX8 in our opinion is offers a user friendly interface available and is perfectly geared up for online trading. Everything is clearly displayed on one screen. They offer a unique feature called OneClick Trade where you simply click on the Up or Down button to execute a trade.

Four different assets are displayed simultaneously for 60 second trades allowing lightning execution with the click of a button. Open and closed positions are shown as well as your financial positions.

 

Trade Thunder Type of Accounts

TradeThunder offers 4 different account packages. There basic package requires a minimum deposit of only $20 and includes high level support as well as access to the online education center. Other packages which are based on initial deposit amount include different bonus packages, risk free trades, webinars, strategy guides and 3rd party signal subscriptions.

Trade Thunder Demo Account

This broker offers a free demo account. You can register for the demo account without having to make an initial deposit. This is a great way to test the platform and your trading strategies without having to risk any capital. Once you are comfortable you can begin live trading with a deposit as low as only $20.

Broker Assets and Expiry time

TradeThunder offers trading in over a variety of assets including the most highly traded currency pairs as well as the most popular stock and commodity offerings. Expiration times vary 60 second, 5 minute, 15 minute, 30 minute and 1 hour.

tradethunder-trade

Trade Thunder Payout facilities

Payouts at TradeThunder are generally in the 80 – 85% range depending on the asset and the expiration time. They do offer payouts as high as 91% on certain assets.

Trade Thunder Deposit / Withdrawal Policies

Depositing to TradeThunder is done by Visa or Mastercard and by wire transfer. As soon as transaction is processed the funds appear in your trading account and trades can be made. Withdrawals are processed upon request and will be received within 1 to 3 business days.

Customer Support & Reliability

The TradeThunder customer support team is extremely helpful and courteous. They make every effort to cater the needs of each individual trader. Support is available 24/5 via Live chat and Phone and email response time is very fast even on the weekends.

Reliability is the one aspect that no binary options trader can ignore, all the rest such as: trading features, platform speed, customer service and payout are actually secondary. The payout is competitive as it is due to the number of brokers and Trade Thunder offers up to %85 return on winning trades, good enough and meets the industry standard.

 

Tradethunder Customer Support

 

Be sure to visit the CFTC-Respect.ORG for a list of US binary options sites that are complaint with the CFTC and SECregulations and business practices. Binary Umpire is a proud member of this union! We added the badge on our website and are fully committed to provide our US traders with reliable and accurate information. Beware of blogs or forums that are not part of CFTC.GOV or have proper warnings and disclaimers as required by US Federal Law.


tradethunder-usa-broker

 

Overall we are extremely excited about TradeThunder. They are backed by Leverate, which has been the leading platform provider for Forex for many years. With low minimums, free demo and excellent service and education we highly recommend this broker.
This broker is ideal for those who are on a tight budget and can’t afford the average requirement of $250, the standard with most BO brands in the market. We encourage you to share your thoughts, personal experiences and testimonials regarding Trade Thunder and we are very happy to finally come across a trusted binary options broker with a low minimum deposit and most of all, access world-wide including the United States.

 

Thank you for taking the time to read our Trade Thunder Review and good luck with your trading! 

 

 

No1Options Broker Review

No1Options
Authors Rating

NO1Options Review

No1Options.com is relatively new to the binary options industry. From the moment you enter the No1options.com website, you cannot help but notice the sleek and modern design of this leading binary options broker. Everything you need in order to trade binary options can be found under the No1options trading umbrella.

 

No1Options is a great choice for all new and existing traders. One of the best characteristics about the broker is that they offer the binary options industry lowest starting deposit amount of $100. No 1 Options has a range of over 175 assets to choose from to suit all appetites. There are 5 different account types to suit different traders’ budgets. Obviously the more you deposit you put it the more perks you get.

 

This broker is a CySec and SSL Secured binary options broker that offers the innovative Spot Option trading platform.  This includes an intuitive and cutting edge trading platform, a vast selection of trading tools and services, competitive returns, superior customer support and service and much more. While No1options only started operating in 2012, they have quickly established themselves as a reliable broker for both novice and professional traders worldwide. No1Options offers 4 different styles of trading along with 4 special features. No1Options allows traders to invest with Classic Options, One Touch Options, Short-Term Options, and Pair Options. The special features that can be taken advantage of are as follows: Roll Over, Double Up, Early See, and Advance Technical Analysis Tools.

 

Update 1st March 2016- Please note effective now No1 options has stopped accepting clients and is NO LONGER AVAILABLE

No1Options

 

To be a part of the No1options trading family, traders need to make a minimum initial deposit of $100. The broker also offers a choice of trading account types each with their own benefits and features. No1options offers a welcome bonus of up to 100%, depending on the account type. They also offer a Risk Free Program which allows traders to trade risk free.

 

For withdrawals No1Options offer same day facility withdrawals depending on the type of account you hold. Wire transfers and smaller accounts may take up to 3-7 working days to be fully processed. The company also do offer a demo account to all its clients before they go live enabling them to try out the platform and test their strategies.

 

Being able to deposit and withdraw funds to and from ones trading account with ease is important to trading success. No1options offers a choice of secure and efficient banking methods which include credit and debit cards such as Visa, Visa Electron, MasterCard, Maestro and Maestro UK (Switch), wire transfer as well as a choice of eWallets including Ukash, Skrill, Neteller and more.

 

No1options offers reliable and professional customer support. The support staff is easy to contact and this can be done via live chat, email and telephone. To ensure that all traders are catered for, the No1options website is currently available in six languages including English, Portuguese, French, German, Russian and Spanish.

 

No1options offers traders a wide choice of over 170 assets to trade in. These include stocks, currency pairs, indices and commodities. A detailed Asset Index can be found on the broker’s website which details the trading hours of each asset as well as their Reuters code and expiry rule.

 

In my opinion No1Options is a great choice not only for its state of the spot option style trading platform but also for the free educational content it provides to all existing and new traders.

 

For more options check out our Brokers Review

 
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