CherryTrade started operations in 2013 and it is an awesome platform that is being recommended by several market experts. Even better, Cherrytrade does accept US traders and traders from all other countries. It is without a doubt the best international binary broker and is especiall popular in the United States and Canada.
CherryTrade is owned by Redtulips Consultants LTD, and this company has offices in London.
From indices to currencies, commodities as well as stocks of reputed companies, many assets are available on this platform to trade. Cherrytrade offers several educational resources, technical and fundamental analytical charts, analysis reports and more for the use of the traders.
Cherrytrade Platform Features
The trading platform for binary options trading that is provided by CherryTrade offers several beneficial options. The traders who sign up to trade through this platform will find the platform intuitively designed, allowing novice as well as experienced users to get used to the different features and controls on the platform.
In depth knowledge is provided for the hundred different underlying assets on which one can trade and which are spread across different categories. There are assets that are segregated into currency pairs, stocks and commodities as well as indices. One can trade in the stocks of reputed companies like Apple, Amazon, Facebook and others through this platform.
There are various trading types on this platform. The popular 60 Seconds Binary Option is available here, as well as high low and long terms options. Cherrytrade offers traders more then 160 assets to trade.
The minimum deposit on Cherrytrade is only $200 and the payout is 81%. As you see, the payout options are generous as one can make big profits on this platform. There are different trading packages that one can sign up for on this platform. Both novice as well as experienced traders can sign up and avail of the different packages.
The assets that are available for trading on this platform are numerous. These are divided into four major categories of commodities, currencies, indices and company stocks. With the wide coverage and underlying assets in which traders can invest in, the speculation trading is done in a lucrative manner by most traders on this platform.
Comprehensive market and financial analysis and reports are provided on the platform for the use and convenience of the traders in order to make the right decisions based on adequate information.
For the new comers on the site, there are several resources to make use of in order to learn the ropes of binary options trading. There are online video resources that act as wonderful hands on simulation learning for the novice traders.
Cherrytrade will help you learn as much as possible about the binary options market. It’s very important to be informed, before starting your first trade. The cherrytrade eduction section has 5 parts.
- There is a Cherrytrade site tutorial which helps you understand how their website works.
- When done with the site tutorial, you can head over to the Interactive Video Library that can help beginners and professions traders.
- The third part contains Video Trading Courses. This is split into two: beginners level and advanced level.
- The fourth part is an Advanced Course. You will learn important strategies from trusted professionals.
- The fifth part is a trading e-book, which you will get for free.
The customer support on the site is great, keeping in mind the need for the traders to get in touch with the trading platform representatives for any queries or problems they face. The availability of the customer support team is 24 hours a day and 6 days in a week.
There is a live chat option, which is great if you need an urgent question answered. You can also drop in an email regarding any problems regarding deposits, withdrawals and trading processes. There are phone lines where the customer support representatives can be contacted as well.
As you can see in this Cherrytrade review, we have covered many advantages and disadvantages of this binary options broker. There are several features that are beneficial on this new binary options trading platform. For those who are looking to sign up at a reliable platform to learn binary options trading can make great use of this platform. For those who are experienced traders, they will find a large range of underlying assets to trade on this platform.
The customer support being quick and responsive and the payout being one of the highest in the industry, these are all reasons why one should sign up at this trading platform.