Please be aware that the information and reviews on this site are for reference only and should be used as such as the info might not be up to date or currently applicable.
A newcomer on the CySEC regulated binary options scene it comes fully loaded
A new binary options broker to the industry joining the market at the end of 2014 this 10Trade trading platform provides you with choice, easy of use and dedicated support.
It’s important to note that 10Trade is a fully CySEC regulated broker, meaning that they have to pass strict conditions to obtain a license in order to allow traders like you to use their binary options platform. Why should you care? It means that you can be assured that they are trustworthy and are not a scam broker like a few others out there. They will endure to look after you, your money and provide you with the most up to date and accurate data provided by Thomson Reuters.
With a wide range of financial assets to trade, popular 60 seconds trading, plus pair options and the riskier ladder options for more advanced traders, choice is not a problem here.
The platform is intuitively laid out with potential profit and risk clearly stated on each trade. Simply select your option types, expiry times, amount and direction and you’ll be trading in a matter of seconds.
You’ll be able to choose from a wide range of binary options learning material including live webinars,video courses, tutorials and an ebook to develop your knowledge base further. Plus if you have any questions you can always contact their support staff 24/7 via live chat, email or phone, where you’ll get a quality answer from knowledgable support staff.
With approximately 150+ different assets to trade in their collection you will be able to find the stocks, currencies, commodities or indices to suit you. You can also try out their pair options for more trading combinations.
Expiry times and option types is where this broker excels. With the increasingly popular short term trades of 60 seconds, up to the longer terms of weeks and months. They offer beginners and more experienced traders the choice, to try out on new strategies and find a path that works for them.
With the introduction of pair options and ladder options adding a new dimension and level of excitement to trading that some other platforms fail to provide.
We expect their list of financial assets and option types to grow as they continue to grow themselves over the next year.
10Trade profits range from 70% up to 81% giving you a decent return for your investments. Other brokers like Boss Capital have higher margins up to 85%, but for a new broker looking to grow it's understandable to give their traders lower returns initially.
But the good news is that depending on the options you choose to trade you can also get up to 10% money back on each losing trade. This is a good case of risk management where any 'out of the money' trades give you a small insurance of a return of funds. This is important for beginners who are looking to trial out new binary options strategies or analytic skills on a budget.
If you are looking for larger returns then higher yielding options can get you up to 500% profit.
Being a CySEC regulated binary options broker, 10Trade have to comply to strict regulations in order to keep their licence. What does this mean for you? It means that you can be assured your money is safe and secure. With 128bit SSL encryption protecting every transfer you make.
In order to deposit you will need to prove your identity via a government issued photo ID. You will also need a recent bill as proof of address, so make sure you have these on hand to make your first deposit and withdrawal go as smoothly as possible.
At an industry average $200, the 10Trade minimum deposit compares to some of the best binary options brokers out there. But with a minimum trade of $10 it doesn't offer the lowest like Banc de Binary at $1 per trade. However if you are looking to trade big then you can with up to $5000 per bet.
When you win some profitable trades you'll be looking to cash out your money. This can be done via, credit card, wire transfer or e-wallets like Skrill. However bear in mind that wire transfers will have a $30 processing fee attached and that the minimum you can withdraw is $30 via credit card or $100 via bank transfer. Any withdrawals can take up to 2 days to process and 5-7 business days to be in your bank account. Not the fastest but not the worst we have seen from a broker either.
10Trade provide their customer support 24 hours a day 7 days a week. We found their staff to be knowledgeable and quickly answered all our questions via their live chat feature.
With live chat available online you can also contact their helpful customer support staff via email or via phone. With phone numbers for over 32 countries, you'll be sure to find one that can help you out with any problems in a language you can understand.
Mobile binary options trading is easy at this broker. Access the top features with their dedicated binary options apps and use the power of their platform from the palm of your hand.
Simply login with your account details and never miss a trade again. Check out your current positions and keep on top of the potential profitable situations. It invites all levels of traders to make the most of their trading skills where ever they are.
The great thing about the 10Trade.com site is that they give you plenty of material to learn everything you need to know about using their online trading platform and binary options. You'll find all you need in the education part of the site including advanced courses with in depth technical analysis techniques.
After learning all you can it's time to put in to practice your skills and try out some of the 10Trade platform features. These include the Double Up and Rollover features.
Giving you more flexibility and allowing you to end in the money with these features adds more excitement and potential for profitable trades. But be sure to use them wisely. These should be used by more skilled traders to provide consistent success.
Only the best brokers make it on to our list of binary options reviews and this 10Trade review shows you why.
With a full EU CySEC license ensuring their traders safety and security, plenty of trading combinations and features allowing for an exciting trading experience for beginners and more experienced traders alike. Along with an easy to use platform and all the learning tools you could need.
This is a top binary options broker that like a fine whiskey can only get better with age. Open a free 10Trade account today and see for yourself what's on offer.Start Trading with 10Trade »