CherryTrade iCherryTrade is a binary options broker that opened in 2014. CherryTrade is owned by Website Promotions Ltd, located at The Financial Services Centre, Stoney Ground, Kingstown, Saint Vincent & the Grenadines. The broker operates on reputable software platform developed by SpotOption company. SpotOption is a software developer who is licensed in Europe and is required by law to cooperate only with completely legitimate businesses.
Even if the broker is new in the industry, CherryTrade able to attract a large number of operators around the world. Offering safe and of very good quality services. CherryTrade uses the latest SpotOption 2.0 platform with over 180 assets available to trader.
Trading Platform and Features Cherry Trade
As stated above CherryTrade SpotOption uses, one of the easiest and one of the platforms used by a number of agents currently binary options industry. SpotOption is currently one of the largest developers of trading technology for digital options. SpotOption The technology is also the only European licensed developer for binary brokers platforms.
This means that an independent agency of government in Europe makes an assessment on software developed by the company in order to make sure that the software does not handle the data in favor of brokers, this means that the software is approved and licensed.
CherryTrade offers 6 types of trading: Classic Options (Put / Call), 60 second options, long-term, One Touch, Pair Options Trading and Ladder. The lower payment is around 71%, while the average is about 81%. The maximum payment can get up to 1500% with Ladder options in successful trades. The minimum for Trade is $ 5 for opening a real account the minimum required is $ 200 and can reach up to 100% Bonus.
Cherrytrade works on all devices: pc, smartphone, tablet. Their platform is web based, which means that you don’t have to download any software to get started. This way you can even access your account from computers where downloads are not allowed (for example at work). Of course if you want to trade on your smartphone or tablet, you will have to download their app. The Cherrytrade app works on both: android and iOS. You you are using a PC, then you are not restricted to any operating systems: you can use Microsoft Windows, Linux or any operating system, as 100% of the trading is done online. This means that you can access your account from any device that has internet on it.
Assets Available CherryTrade
CherryTrade offers operators a significant list of assets. Below you will find the complete list of all assets available:
Forex pairs: USD / ZAR, USD / TRY, USD / SGD, USD / RUB, USD / JPY, USD / CHF, USD / CAD, NZD / USD, GBP / USD, EUR / USD, EUR / JPY, EUR / GBP , Bitcoin / USD.
Stocks: Turkcell, Teva.Ta, Tesco, Tata Motors, SBEBank, Rolls Royce, Reuters, Nissan Motors, Nike, Lukoil, HSBC Holdings, Gazprom, Coca Cola, City, BP, BAE Systems, Apple, Microsoft, IBM .
Commodities: Wheat, sugar, silver, platinum, oil, gold, coffee.
Contents: Topix, Tel Aviv 25, Tadawul, SSE 180, S & P 500, RTS, Nikkei 225, Nasdaq, MSM 30, 10 MICEX, KUWAIT General Index, KL future ISE 30, Hang Seng, FTSE 100, DUBAI financial market General Index, DOW, DAX, CAC 40, BOMBAY SE.
CherryTrade iOS and Android Apps
CherryTrade is one of the very few brokers who offer a custom application for iOS and Android mobile devices. What this means is that if you use a mobile device for trading purposes you will be able to make a trade in Cherry directly from a native application platform and not from the mobile version of the brokers site.
Bonuses and Promotions Cherry Trade
CherryTrade offers various bonuses for operators for the first deposit. This bonus can be claimed after those newly registered users make your first deposit.
The bonus value depends on the value of the initial deposit, can vary from 25% to 100% of the initial deposit, depending on the amount deposited. The bonus is valid for all subsequent filings in the future.
In order to get trades with bonus, the operator will have to contact the support department to agent account and claims it. The operators will have to keep in mind, to accept the bonus means that your deposit will be blocked until you have a certain volume of business according to the rules of the company.
If you do not want your tank is locked, you should not accept the bonus. Only accept the bonus if you are 100% sure that you want to keep trading for the future and that you will not change your mind. If you are not 100% sure about it, then you should not accept the bonus.
The CherryTrade Customer Support
While reviewing this broker, we found out that CherryTrade’s outstanding customer support is available 24 hours a day, 6 days a week via email, phone, and Live Chat. Their team of professionals are not only able to help clients with any questions they have about the website, but also with trading tips, while also having a vast knowledge base about the different financial markets. The Live Chat support is great, if you have an urgent question.
The platform has a global support system. Almost every continent are met, others can be met by a personal account manager, users can contact customer support via chat, phone, email and Skype services are disponíveis.Contatos via phone is available at several countries, from the United States, Japan, Australia, New Zealand, and 12 more European countries such as France, Spain or Norway. Asia, Bahrain is also included, as well as Hong Kong. Email can be contacted conventionally or by filling out the web form on the site. Technical support is available from 6: 00-21: 00 GMT, Sunday – Friday.
On average after the withdrawal request takes about 4-7 business days for withdrawals are processed, approved and delivered. The minimum withdrawal is $ 100, however, you have an unlimited amount of free withdrawals through a credit card. For a withdrawal to be processed you have to go through a checking account. This will require the presentation of a photo ID issued proof of address, and a copy of your credit card only showing a few digits. This is done only to prevent any kind of fraud that may occur.
CherryTrade Schemes Alerts
CherryTrade is a new broker in the digital options industry, we did not find any complaints or verifiable fraud, this broker for now has remained very transparent.
CherryTrade has become one of my top recommended brokers for all traders, the accept many countries and this platform is suitable of all experience levels. This exceptional broker sets a new standard for superior customer service with 24/07 support offered via multiple support numbers, live chat and email. They offer a wide range of assets to trade from along with 6 different trading styles to choose from.
CherryTrade is has a SSL Encrypted security system so you know your money is safe. All-in-all I feel that CherryTrade will continue to grow in popularity and will set the new minimum standard among binary options broker.