Year established: 2012
Deposit and withdrawal via WebMoney: Yes
Minimum Deposit: $200
Minimum Trade Amount: $24
Maximum Per Option: $5000
Bonuses: 100%
Return Rate: 65-75% and up to 81%
Demo Account: Yes
Number of Underlying Assets: more than 80 of assets
Payment Methods: Bank transfers, credit cards and domestic payments
Mobile Applications: Yes
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
Strength in Stability
Cedar Finance has been part of the world of binary options trading since 2010. Cedar Finance is registered in Nicosia, Cyprus and offers its traders a Spot Option trading platform – a steadfast and trustworthy online trading platform. Furthermore, this broker is famous for its professional 24/7 customer service.
First Impressions
Cedar Finance delivers excellent fixed-return options for their customers with a welcoming user interface and a good assortment of assets. With local offices around the globe, Cedar Finance is capable of delivering continuous support and guidance to traders irrespective of their locations or time zones. The platform is highly functional and easy to use, with excellent welcome bonuses and a substantial variety of options at a reasonable pricing. Each trader has the chance to have a personal trading consultant and the website offers useful information to cultivate trading skills.
Trading Platform
The Cedar Finance review revealed that the broker has invested heavily on swaying international clients and it offers a trading platform which caters to expectations low and high. For instance, every step of the trading process is accompanied by advice from financial experts and analysts. Moreover, the 81 per cent returns and bonus selection make the trading experience lively and multifaceted. On the platform you can trade a wide array of assets, including stocks, forex, indices and commodities. Cedar’s web-based platform makes trading easy regardless of the device as long as you have a browser and a good internet connection. Traders have a wide selection of forex pairs and an impressive list of company stocks and indices from all over the world. You can also trade 60-second binary options trading; a method for traders looking for an instant rush. Additionally, traders are able to trade high-low, touch, no touch, and week-long trades.
Bonuses
Cedar Finance has a nice selection of bonuses for potential traders. At the moment, Cedar offers new clients a $6000 welcome bonus. It should be remembered that the bonus can be withdrawn only after specific trading requirements have been met. Binary options brokers are not charity organizations, a fact prospective traders need to keep in mind. But the hefty bonus is a good way to start trading because a healthy account balance provides the trader with an ability to build a diverse portfolio with long-terms goals.
Customer Service
During the Cedar Finance review, we discovered that the broker offers a knowledgeable customer support on all aspects of trading. Our experiences with Cedar’s support were largely positive and we even got speedy responses for questions that were extremely technical in nature. As with many other binary options brokers, Cedar Finance’s customer support can be reached by web chat, e-mail or phone. We recommend that you take advantage of their efficient chat support in order to get the clearest possible answers for questions that might be too tricky to explain over the phone. For now Cedar offers support in French, German, Italian and English, but the list is growing. Cedar’s website features a FAQ which helps the prospective trader to understand all the ins and outs of binary options trading and the platform. What is more, the personal account managers assigned to each trader take care of individual needs by phone, email or chat.
Deposit Methods
Withdrawals and deposits are well managed, and limits – imposed by many other brokers – are not unreasonable. Recent improvements have permitted up to 900 per cent returns on some instruments. Moreover, it is possible for traders to pick from a multiplicity of risk levels so that they can participate in trades that suit their risk appetite. Assets Cedar’s asset list comprises all the major commodities such as silver, gold and crude oil and forex majors AUD/USD, GBP/JPY, GBP/USD, EUR/GBP, EUR/JPY, EUR/USD, NZD/USD, etc. It also has an impressive list of indices, including Dow Jones; NASDAQ ,S&P 500 and Bombay 30.
Final Thoughts
Cedar offers a fine array of assets, a good platform, easy and flexible deposit and withdrawal methods. The main issue with the broker is the lack of a demo account. The website is sleek and conveys illustriousness found only in the world of banking. Cedar emphasized education in order to promote user engagement. Its resource center is adequately composed to answer a litany of questions.
