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10trading Broker Review

10trading Broker Review
Petar Nola
10trading is a forex, CFDs and Binary Options broker owned by a Romanian company called Binext Global Ltd. This is not to be mistaken for 10trade, a meanwhile closed binary options broker. The broker is not regulated and it offers trading all three types of instruments in one platform. So far this is one of... Read more
10trading is a forex, CFDs and Binary Options broker owned by a Romanian company called Binext Global Ltd. This is not to be mistaken for 10trade, a meanwhile closed binary options broker. The broker is not regulated and it offers trading all three types of instruments in one platform. So far this is one of the most interesting integrations of these products since it was very often that binary options and forex were seen as two separate things. With 10trading platform that is not the case. This is definitively a pro for 10trading, even though there is a catch as you will see further down in the 10trading review. Con is naturally the lack of regulation, but the fact that the company that operates the brand is based in EU makes it more acceptable. We did not encounter any issues while testing 10trading for this review. Most people looking for a regulated brand on our website choose 24option.
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  1. 10trading is a forex, CFDs and Binary Options broker owned by a Romanian company called Binext Global Ltd. This is not to be mistaken for 10trade, a meanwhile closed binary options broker. The broker is not regulated and it offers trading all three types of instruments in one platform. So far this is one of the most interesting integrations of these products since it was very often that binary options and forex were seen as two separate things. With 10trading platform that is not the case. This is definitively a pro for 10trading, even though there is a catch as you will see further down in the 10trading review. Con is naturally the lack of regulation, but the fact that the company that operates the brand is based in EU makes it more acceptable. We did not encounter any issues while testing 10trading for this review.

    Most people looking for a regulated brand on our website choose 24option.

  2. Conclusion:

    We make it our mission to not recommend anything but the best – which, according to industry experts, is FXMasterBot, a trading software that lets YOU choose the broker and also provides fast, reliable and FREE trading signals!

    Your capital is at risk

  3. 10trading Special features

    Since the most interesting feature of 10trading is the trading platform itself, we invite readers to skip lower to the software section of the 10trading review. Here we will make an overview of the types of accounts offered by the broker.

    Unfortunately, there is no way to create a quick demo with the broker – one needs to register immediately. However, when one clicks on “Trade/Trade Now” on their website, the trading platform is presented so most customers will be able to get an idea how it works.

    Plus500 is one of the brokers with a free demo account which does not require deposit.

    The minimum deposit with 10Trading is $/€/£ 250 and its also the smallest deposit required to get the so called basic account. See below what it includes

    10Trading Basic Account

    • $250 minimum deposit
    • 20% Welcome bonus
    • Trading alerts
    • Education centre
    • Market review
    • Webinars

    10trading Bronze Account

    • min deposit of $1000
    • 30% welcome bonus
    • intro session with an trading expert
    • all the basic services

    10trading Silver Account

    • min deposit of $2500
    • 40% bonus
    • intro session with an trading expert
    • all basic services

    10trading Gold Account

    • from $10000 deposit
    • 60% bonus
    • Includes CFDs
    • Spread 4-5 pips
    • Private strategy session
    • All basic services

    10trading Platinum Account

    • from $25000
    • 80% bonus
    • Includes CFDs
    • Spread 4-5 pips
    • Private strategy session
    • All basic services

    10trading Black Account

    • from $25000
    • 80% bonus
    • Includes CFDs
    • Spread 3-4 pips
    • Private strategy session
    • All basic services

    We must say we weren’t much swayed by the packages offered. It seemsed like the Bronze Account could be a good deal, unless you are not crazy about trading CFDs which are not offered. And this is how we come to the catch mentioned before – not everyone will get access to CFDs trading, only accounts from Gold and up. The spreads are also not that attractive for big players.

    AvaTrade offers tight spreads, but only requires $100 to start trading CFDs.

    Along with mentioned perks, 10trading offers many videos an ebook for customers who want to learn more avout trading before they start – which is something we always encourage, also through our Academy section.

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  6. 10trading Trading software

    The 10trading platform is all in one web-based trading solution that should offer enough for most traders. As already hinted, the platform enables trading of over 1000 assets as the broker claims, by using CFDs or Binary options. We counted about 150 underlying assets. In case every binary option is counted as an asset, same with CFDs, we see how 1000 could be their number. In any case, this is a pretty good list that includes most important forex pairs and most important stocks that may be interested to traders.

    In the platform the main part is obviously taken by the chart that used to analyse prices of selected assets. On the right is the asset selection divided into options, forex and CFDs. Depending what you want to trade, just select the type of the instrument you want and then the underlying asset. On the left is the account status report – with FX and CFDs it shows info about margin, equity, while with binary options it shows balance and current profit or loss.

    Types of binary options offered on 10trading platform are turbo or quick options, classic binary options, ranges and one Touch options which offer the best payouts. Generally top payout with binaries is 400% while FX and CFDs depend on the leverage and price movement. Max leverage is 1:200 while the spreads on EURUSD were around 3 pips while we traded.

    Read more about forex trading in our Forex and CFDs page – just scroll down below the broker list.

  7. If you want to trade with an Automated Trading Robot, we recommended using FX Master Bot

  8. 10trading Support information

    The contact options on 10trading website are not really plentiful. We did not see any live chat, which all our regular readers know we really like since it makes support much easier. There is one phone number – +442031500584. Other option for contact is the email form on the website and the social media channels. The support is active 24/6. Other than English, there is also an Italian version of the website.

  9. Try a simpler way of trading with FXMasterBot

  10. 10trading Payment Methods

    10trading offers several attractive deposit options and also offers some local services for certain countries. Generally available payment methods are:

    • bank wire
    • credit cards
    • SOFORT
    • GiroPay
    • Skrill
    • Neteller

    Currencyes that can serve as account currencies are USD, EUR, GBP, TRY, DKK, SEK and NOK. Withdrawals are processed in 2 business days.

    10trading Bonus Policy

    Make sure to familiarise yourself with bonus rules since they can hinder your withdrawal. One needs to have a 30x turnover on the deposit and bonus amount before one can request withdrawal. In case it is really not necessary, we advise to decline the bonus unless you are an experienced trade who can reach such volumes and trade successfully. We don’t have to say we are not fans of these kinds of bonus policies, which is why CySEC banned bonuses for regulated brokers.

  11. Conclusion:

    We make it our mission to not recommend anything but the best – which, according to industry experts, is FXMasterBot, a trading software that lets YOU choose the broker and also provides fast, reliable and FREE trading signals!

    • Choice of reputable brokers
    • Free forex & crypto signals
    • Advanced trade settings

    Try a simpler
    way of trading
    with FXMasterBot

    12. Your capital is at risk
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