Cherry Trade is a great broker for people who are just starting out as well as the more experiencedbinary options traders.
Although fairly new on the market, established in 2014.The Gibraltar based broker are making noise for all the right reasons.
Whether you are looking to invest big or small, they can accommodate. Basic accounts start from $1,000, to investments over $25,000 for a V.I.P package.
Cherry Trade can also offer various bonus options right up to 100%, depending on what level of account you choose to open.
Although make sure you read the terms and conditions on withdraw policy when taking a bonus.
Minimum deposit amount is $200, making them a good option for people who are new to trading or don’t have much to invest at this point.
Cherry Trade also allow $5 trades so you can start off small and build your confidence and your balance in time.
To help along the way they also offer great education tools, helping build your knowledge.
Every new client receives a Trading E-Book packed full of great tips and advice on understanding binary options, it also contains a fully glossary section helping you understand the common jargon you may come across while trading binary options. For further help, their educational options range from video tutorials to live webinar training.
With a selection of over 160 trading options from Currency, Commodities, Indices and Stocks. They offer multiple trading options from 60 Second, 2 Minute, Ladder Trading, Long Term Pair Options and Touch Trading.
They also offer the “Ifollow” tool which allows you to follow other traders who are making successful trades. This feature is fully customizable allowing you to control the duration and trade amount.
Cherry Trade also support many third party auto trading services and signal providers.
Average payout is between 70% – 81%. Which is common across most brokers these days and
Cherry Trade’s withdrawal policy is swift and easy, usually taking between 2-3 business days.
You also have the benefit of unlimited free withdrawals when using a credit card.
The Cherry Trade website its self is very slick and is easy to navigate, it uses the latest SpotOption platform so it will be a familiar layout to more experienced traders and simple enough for novice traders. A trade can be places in 4 simple clicks.
Cherry Trades also have apps available for Android and IOS devices so you no longer need to be tied down to your PC to place trades. Placing trades and keeping track of your account on the go has made trading a lot simpler, and fun.
Currently Cherry Trade are not regulated by Cysec, meaning they are a good option for brokers who accepts clients from U.S.A
Cherry Trade are definitely a broker to check out, They are fantastic when it comes to customer support and offer enough trading options to keep most traders happy.
Along with the free training and unlimited free withdrawals means they are a pleasure to do business with.