Year established: 2009
Deposit and withdrawal via WebMoney: Yes
Minimum Deposit: $200
Minimum Trade Amount: $10
Maximum Per Option: $1500
Bonuses: 30 %
Yield option: 68-75%
Return Rate: 5-10%
Demo Account: No
Languages: English, French, Spanish, German, Russian, Italian, Chinese, Arabic, Turkish, Magyar, Portuguese, Hebrew, Japanese, Polish, Greek, Dutch, Swedish, Finnish
Headquarters: Cyprus
3This broker red icon, it means that the broker added to the black list and we do not trade there. Fraud, robbery, and bad websites
Expert Performance
TraderXP, founded in 2009, is one the more established brokers in the market. TraderXP exists to provide investors with a simple yet exciting platform for binary options trading in the world of finance. The broker offers an impressive list of assets, from commodities, currencies, indices to global stocks. Since its founding, TraderXP has built a reputation of being one of the most dependable and trustworthy binary options broker online. The broker is not regulated, but is currently waiting to be approved by CySEC, the AMF and Banque de France.
First Impressions
During our perusal of TraderXP, we were enthralled to see that the site not only built by hardened financial professionals, but also by people who have an eye for aesthetics and possess an aptitude to produce a fun and accessible website. Whether you are a trader looking to expand your trading repertoire or a beginner looking to start trading, the website and the platform are worthy of your time.
Trading Platform
The TraderXP’s trading platform is entirely online, so the client is not required to download any heavy software. The company provides the client with a good selection of trading modules, so that traders with diverse predilections can relish a trading platform that is best assembled to their exact preferences. The platforms are located within a singular configuration, making it easy to jump between the platforms. The platform formats are Binary Options, Option Builder and One Touch trading. The most customary of these options is the Binary Options platform, which is accessible in Pro Trader and Fast Trader forms.
Customer Service
Like other brokers, TraderXP offers customer service via chat, email and phone in over 10 languages. The multilingual support indicates that the broker is serious about conquering the more exotic markets, such as Hungary and Finland. TraderXP’s service representatives agents are well-mannered and accommodating. However, we experienced some difficulties in trying to contact the support by email, therefore we strongly suggest prospective clients to call or chat with the support staff.
Deposits
One of the makers opr breakers of a broker’s repoutation is the functionality of depositing and withdrawing funds. TraderXp has madfe great efforts to make the process as easy as possible. You have several depositing methods at your disposal and TraderXP accepts all major debit and credit cards and e-payments. Subject to your chjoice, you can use wire transfers to fund your account.
Other Features
For the advantage of traders, TraderXP also offers two inimitable features with as part of the trading platform. The Double-up tool and Rollover feature, equip the traders with the chance to make the most of their deposits. The “Rollover” allows traders to delay their trade expiry if the market has not moved to their favor. Rollovers can be applied once per option, and must be implemented within 10 minutes of expiry, so traders must make sure to pay monitor their trades prudently.
Final Thoughts
Today are numerous binary options brokers in the market, but a few have been around as long as TraderXP. The main reason for their longevity and performance is the trust that the broker has built between itself, its brand and the clientele. In this extremely dog-eat-dog market, a broker is constantly faced with new and better offers from competitors in order to lure traders. TraderXP is now a household name, with a loyal and active client base and we expect it to stay around for a long time to come.
