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23traders Broker Review

  1. This broker is a scam! Stay away!

    This broker claims to be build based on the experience of traders all over the world. 23traders review will provide a deeper insight into how this broker works. 23traders is mainly focused on the safe trading environment, service and reliability, innovative trading tools and education and empowerment.

  2. 23traders created seven trading accounts that traders can choose from. These accounts will satisfy wishes of both beginners and professionals.

    The accounts are as follows:

    • Basic account – requires total net deposits in the amount of minimum $1,000. The payout with this 23traders account is up to 78%. Maximum trade amount is limited to $1,500. Withdrawals are executed within 5 working days. Traders also get charts, educational videos, portfolio analysis display, and eBooks.
    • Bronze account – is promising up to 80% payouts. Minimum deposit is $5,000 and maximum trade allowed is $2,0000. Traders can enjoy all benefits of Basic account, but can also get 10% bonus, market reviews, 1-on-1 coaching, and attend webinars.
    • Silver account – comes with a minimum deposit of $20,000. Traders who opt for this account can place maximum trades in the amount of $2,500. The bonus is 20%, payouts are 82% and traders also get access to events trading group and trading alerts. Of course, benefits of less expensive accounts are also included.
    • Gold account – minimum deposit is $30,000 and traders can enjoy bonuses in the amount of 50% of their deposit. All withdrawals are processed within 4 days. Gold account traders by 23traders, besides other benefits, also get a special advisor for their strategies. Payouts go up to 85%, and maximum trades are limited to $10,000.
    • VIP account – has high minimum deposit: $50,000. Bonus added is 90%, and all withdrawals are executed within 3 business days. Maximum trade runs at $10,000. Traders who decide for this account get exclusive treatment that includes sports and entertainment tickets and assistance of special financial experts.
    • Elite account – requires a minimum deposit in the amount of $100,000. Maximum investment is $20,000, and all withdrawals are processed within 2 business days. The bonus is set to 100%. All other benefits are the same as with the VIP account.

    Bonuses provided by 23traders are very generous, and this review found out that required turnover is x40 bonus amount. The turnover has to be reached within 120 consecutive trading days. If the trader receives more than one bonus, he is obliged to reach the turnover for every bonus added. There are also additional bonus terms and conditions that are listed in the bonus policy and are explaining all possible scenarios that can happen during bonus trading.

    Unfortunately, a free demo is not available, shows the 23traders review. This is bad as many traders like to use a demo account for practice and learning about binary options trading. Free demos are rarely available nowadays, but it would be great if they added it for traders who make a deposit. This way, their trading skills would improve before real trading.

  3. Try trading with an award-winning broker like IQ Option

    Between 74-89 % of retail investor accounts lose money when trading CFDs
  4. Become an IQ Option trader today

    Join IQ Option and become a trading master! IQ Option is a world-famous regulated broker that takes your trading to the next level. It allows you to trade forex, crypto, stocks, options and much more on its award-winning platform. The best part? You can start trading with a minimum deposit of ONLY $10! Read our IQ Option review.

  5. 23traders is a broker that is using SpotOption platform. SpotOption is probably the best known and most popular binary options trading platform provider in the world. This platform is very reliable and innovative and supports a great number of binary options trading types.

    23traders review showed that this broker is supporting 60seconds trading, high/low options, ladder, pairs and long term trading. This is more than enough to have a reliable and profitable portfolio management in every moment. Expiry times are starting at 60 seconds for speed trading and are finishing with the end of the year for long term trading. Minimum trade depends on the binary options type.

    23traders review showed how this broker also created mobile apps for traders who want to trade on the go. There are apps for iOS and Android devices, and traders can find links on 23traders homepage, or simply by visiting their app store.

    The website is very easy to navigate and traders can find all they need in just a few clicks. They can use to the upper menu for selecting the most important aspects of trading, or the lists on the bottom of the website for a deeper insight and more detailed information.

  6. If you want to trade with an award-winning licensed broker, we recommended using IQ Option

    Between 74-89 % of retail investor accounts lose money when trading CFDs
  7. 23traders has a website that is available only in the English language. Even though English is more present than ever, additional popular languages like German, French, Italian and Spanish would be more than welcome. The review showed that this broker has an amazing live chat support. The agent responded our answers quickly and was very friendly. It took him about a minute to answer.

    Traders can also use phone numbers for Australia, UK, and Canada, and email for support and compliance. This is all very convenient, but it would be great if they added an online form for even better and more effective communication between customer support that represents the broker and traders.

    Academy includes basic lectures, economic calendar, glossary, 53 video lessons, personal instructor, eBooks, daily market review and webinars. There is also a special section dedicated to helping and FAQ. FAQ explains many aspects of trading with this broker and has proven itself to be very helpful during the writing of 23traders review. Answers to all easy and frequent questions can be found in FAQ.

  8. Try trading with an award-winning broker like IQ Option

    Between 74-89 % of retail investor accounts lose money when trading CFDs
  9. Banking is a very important aspect of binary options trading, and all traders want it to be safe and reliable. There are simply no excuses for badly managed money or unsafe transactions. Luckily, 23traders review showed that this broker provides very reliable banking methods that are used in many industries all over the world.

    Good news is that 23traders review found out there are several methods supported with this broker. Traders can use traditional banking methods like credit cards (AmEx, Maestro, MasterCard, Visa and Visa Electron) and bank wire. There are also popular e-wallets available: ecoPayz, CashU, Neteller, and Skrill.

    Minimum deposit with this broker is $250, and minimum withdrawal limit for bank wire or e-wallet is $100. There are no limits for minimum withdrawals with credit cards. However, withdrawals can’t be bigger than the deposit. The withdrawal requests are usually processed within 5 days, but more expensive accounts allow faster withdrawals.

    All accounts have to be verified by sending necessary documents. Traders must send am identification document with a picture (passport, driving license, ID), utility bill with a current address, and a copy of credit card, according to the instructions. All documents that are not in western languages have to be translated and verified by an official translator. This is all done for traders’ security in order to help them protect their funds from different imposters and scam that are lurking online.

    23traders is owned by Hermes Ventures Ltd. This broker is also licensed by VFSC – License No. 14536 (Vanuatu International Financial Services Commission).

  10. Conclusion:

    We make it our mission to not recommend anything but the best – which, according to industry experts, is IQ Option, the top regulated broker for your country with a minimum deposit of ONLY $10!

    • FREE $10,000 demo account
    • Award-winning trading platform
    • Licensed and regulated broker

    Trade with an
    award-winning broker
    like IQ Option



    Between 74-89 % of retail investor accounts lose money when trading CFDs
  11. Your capital is at risk