Ok, I know I haven’t done any reviews of brokers and I have had quite a few requests, so here is a broker I have been using lately, 10Trade. They have been around since about 2014 and I have been using them for about 7 months now. So far, I have withdrawn money several times and am happy not only with their trading platform, but their customer service, quick response, accurate information, and even their blog and helpful tools. Though I rarely do have time to really get into it and take advantage of all of the features they offer I think they would be an ideal choice for beginners as they offer plenty of training material and information.
Sign Up Page: Click Here
Online since: 2014
Jurisdiction: Cyprus (license no. 248/14)
Max Returns: 81%
Bonus: up to 100%
Minimum Deposit: $200
Minimum Investment: $10
Maximum Investment: $5000
Currencies: USD, EUR, GBP
Countries: All but United States, Israel, Turkey, Japan, Australia, New Zealand, South Africa, Canada
In addition to my own experience, I have looked into what others are saying about them. Initially I did this when I was looking for a new broker to work with, and again now before writing this review. Though there is never lack of negative response for any one website or broker out there, there certainly are fewer than most which is a good sign. I, personally, have nothing to complain about thus far with them. The best part? They are regulated and conform to all of the strict rules that are set to protect both broker as well as the trader which I think is one of the most important points when it comes to selecting a broker.
10Trade Support and Customer Service
I think one of the most important things when it comes to finding a quality broker, after making sur that they are regulated, is ensuring that their customer services is up to par. This means you will get quick response on questions and if there is an issue, a quick fix to it. I have had some experience with their help desk in the beginning and still test them every once in a while and they have yet to disappoint. They are quick to respond and give informative answers which only proves that the person on the other said is specifically trained for what they do, not just a secretary answering inquiries. I did some extra research and found that you can find support in a number of languages including Spanish, Portuguese, Dutch, Polish, Italian, Swedish, and Russian in addition to English. Of course, opening their doors to far more versatile traders and making sure that wherever you are around the world, you can get the information you seek. You can contact them either by live chat or email. The best thing is that they also have a phone number listed and even a call back feature so if their lines are busy you don’t have to wait.
Deposit/Withdrawals with 10Trade
The process is very easy. The system is very straightforward and it is confirmed 100% secure. I refuse to invest anywhere without 100% security as I know con artists are always around the corner. You can deposit through iDeal, Bitcoin, Neteller, eWallet, CashU, Skrill, in addition to the popular debit and credit cards.
Of course, your money is 100% secure as the broker is regulated which requires that your money is kept in a customer compensation fund in case of sites insolvency. The identification process is a pain, as it always is with brokers, but I insist on this as it protects my money and prevents anyone from getting to my money. I admit that withdrawals take some time, but based on my experience with brokers in the past, this is a problem that all brokers and traders deal with. If you choose to use wire transfer for withdrawal they are free the first time each month but after that every time there is a $30 fee, which is why I stopped using this method of withdrawal.
Now, they have different account packages that you can choose from and get a number of great benefits. Some of these are fantastic for newbies to binary options and trading in general. They are also idea for expert traders as well because you can get express withdrawals and more. The only issue aside from the high amounts they want you to invest is the fact that there is always that bonus. If you are not familiar with bonuses, it’s important to read the terms and conditions and find out more about them because they can delay your withdrawals considerably. I personally chose to invest only €200 as I try to avoid bonuses at all costs. Since they are not optional with the higher memberships, I preferred not to get the extras and do the trading on my own.
10Trade Trading Software and Assets
Now, I want to make sure you understand that they don’t offer signals. 10Trade features a great trading platform which has become quite popular lately and is the most trusted. The focus is on simplicity and accuracy all the while keeping you informed with latest trends and news.
You can trade stuck 60-second trades, One Touch options, and my personal favorite the pairs trading. 10Trades also offers the more profitable Long Term and Ladder trading options but keep in mind that they also come with a higher risk. They offer over 100 assets including more than 20 currency pairs, 80 stocks, 8 commodities, and 35 separate indices which allows plenty of versatility and gives everyone an opportunity to find their comfort zone.
Overall, I have found that so far I am very satisfied with 10Trade though I have yet to try them whilst working with a signals software as I have yet to find one that I trust. If you have some experience with trading or perhaps want to try it out with a minimum deposit and learn as you go, for now 10Trade is the one broker that I would stand behind. Soon I will write about several other brokers that I have worked with or am currently working with that I have found to be trustworthy and accurate.