CherryTrade Review


Binary Options Broker Review


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CherryTrade

CherryTrade Overview:

Minimum Deposit $200
Minimum Trade Amount $5
Maximum Trade Amount $5000
Maximum Return 85%
Account Currency USD, EUR
Languages EN
Platform SpotOption

 

CherryTrade Review

CherryTrade’s number one priority is the success and profitability of their traders, they are able to accomplish this by giving their traders with an outstanding knowledge base, incredible insight into the world of trading and an excellent overall trading experience. CherryTrade was founded in late 2013 by some of today’s leading analysts and financial brokers worldwide and have their headquarters in Gibraltar. They are already a very highly ranked brokerage because of their very secure, safe and dependable platform.

CherryTrade Trading Platform

CherryTrade uses the extremely dependable spot option platform, to assure that their top of the line platform is always up to date with the latest technology, and always coming out with new features and additions to help them improve on a daily basis. They offer 6 different trading options that include binary options, pairs, long term, 60 seconds, one touch, and ladder options. CherryTrade now also offers Ifollow which is a trading tool where traders can automatically follow successful traders, trading live, directly on the website. The trading platform is 100% web based, and also available on smartphones, with no third party software needed, it means that traders can access CherryTrade’s platform anywhere in the world with an internet connection.

Return on Investments

With CherryTrade, traders can take advantage of the highest payouts in the industry today, with up to 85% on binary options, up to 550% one touch, and an incredible up to 1500% on ladder options. With trades that end out of the money CherryTrade offers between 0-10% reimbursements.

Special Features

CherryTrade offers over 100 tradable assets in four different markets that include currency pairs, commodities, indices, and todays leading stocks. CherryTrade’s best feature is their top tier educational center where traders receive individual training sessions over the phone with professional trainers on proven strategies. The minimum amount per trade is $25 dollars for binary options and $5 dollars on 60 seconds. CherryTrade now offers the Ifollow trading tool where clients can capitalize on CherryTrade’s most successful traders in real time on a daily, weekly, monthly, and year basis. Ladder options are one of the newest and most innovative additions to CherryTrade where traders can receive profits of up to 1500% in as little as 30 minutes. They also offer the Double up and Rollover features that allow traders real time options on their trades.

CherryTrade Reputation

Although considered relatively newer than other binary options brokers, CherryTrade is very respected in the industry, because of their amazing educational center, and outstanding analysts and brokers that have years of experience in financial markets all over the world. Their data provider Thomson Reuters is very accurate, giving up to date prices on the assets CherryTrade has to offer. Their platform is extremely user-friendly with in-depth knowledge into trading and how to gain success.

Account Types

CherryTrade offers five different account levels for their many clients, these include Basic, Professional, Expert, VIP and Corporate. The major difference between the different accounts is the leverage needed to enter which one, and the percentage bonus the client receives.

CherryTrade Deposit

Depositing with CherryTrade is very quick, easy and pain free with the minimum deposit being $200. Clients can deposit using a Credit/Debit card, Moneybookers, Neteller, Cashu, and bank wire transfers.

CherryTrade Withdrawal

Making a withdrawal is very easy and can be done right from the website, once the client’s account has been verified. The minimum amount for making a withdrawal is $100. Withdrawals usually take between 3-5 business days to process. While the withdrawal is being processed the client can cancel at any time and those funds will be returned directly back to his/her account.

Customer Support

CherryTrade’s customer support is available 24 hours a day, 6 days a week via email, phone and live chat. CherryTrade’s team of highly trained agents are very knowledgeable and quick with any questions about the platform or trading.

Is CherryTrade a Scam?

From all the research done on CherryTrade’s platform it was found that they are very highly reviewed by their clients, authentic, safe, and not a scam. Clients very rarely have any complaints about CherryTrade, making CherryTrade reputation one of the best in the industry. They offer a wide range of trading features great for both beginners and veteran traders alike. CherryTrade is U.S. friendly and doesn’t disappoint on the overall trading experience.

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