Binary options are prohibited in the European Economic Area. Between 74-89 % of retail investor accounts lose money when trading CFDs.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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BerkeleyTradingCorp Broker Review

  1. The binary options broker BerkeleyTradingCorp was established in 2016 by the owners, Sterling Act Management Ltd, a UK company with offices at 1, Burwood Place, London W2 2UT. The online broker provides a web-based binary options platform for trading 180 assets including Forex, Commodities, Indices and Stocks on desktop or on the mobile platform. The website is offered in English, Korean and Spanish languages with multi-lingual customer support. Notably, to trade at BerkeleyTradingCorp, does not require a software download.

    The website is instantly accessible through the browser of a PC and the mobile platform through the free Android and Apple mobile apps in the App Store and Google Play. BerkeleyTradingCorp does not operate with a broker’s licence neither is it regulated by any financial services authority. Nevertheless, the company states that ‘UK law shall apply to the site and services contemplated within’ and unresolved disputes may be taken before a sole arbitrator under ICC ADR rules set out by the International Chamber of Commerce for amicable dispute resolution.

  2. Account Features

    As part of the ongoing promotional program at BerkeleyTradingCorp, new customers can claim a time limited, welcome bonus featuring on the website at the time of setting up a new account. We saw a welcome bonus of $35 at the time of writing this review. Traders setting up a new account are not obliged to accept the bonus but can claim it when they make their first deposit. Notably to withdraw funds after accepting the $35 bonus, customers must carry out a trading volume of $12,000.

    Free Demo of the BerkeleyTradingCorp Trading Platform

    A Free Demo of the TopOption trading platform is available in one click without giving any information whatsoever. Potential traders receive $1,000 in virtual money to try out binary options trading on the full feature trading platform. The demo lasts for 30 minutes giving potential customers sufficient time to explore every feature on the trading platform. To discover the platform, traders simply click on the side bar showing Binary Option, Limit Order, My Open Positions, Top Traders, Social Trading and One-click trades for clear explanations of each feature. Beneath the trading platform are icons for Settings, News, Economic information, How to Trade, and Social information.

    A live account can be set up from within the demo platform, without having to quit the demo account.

    Live BerkeleyTradingCorp Account

    The minimum deposit required to open a BerkeleyTradingCorp live trading account is $100. With a live account, traders are given access to the trading platform as well as a comprehensive resource centre. Here, traders can receive one-on-one training, access to webinars and ebooks, as well as to the news room with a broad range of information including market updates. Asset alerts can be sent to traders’ mobile phones as part of the mobile app services and to desktop through the live trading platform.

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

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

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  5. Trading Software & Assets

    Traders at BerkeleyTradingCorp get access to the user-friendly TopOption binary options trading platform with a simple 3-step tutorial included on the sidebar. Indeed, BerkeleyTradingCorp claims that VIP traders enjoy an 85% or more pay out rate on their TopOption trading platform. Whilst the platform is popular for state-of-the-art trading in classic binary options, it also offers the opportunity to trade with SpeedMaster, OneTouch, Touch/No Touch or ProOption. Notably, the one-click trading option is a new and unique feature with 99% payouts on pre-set trading. Moreover, the ProOption choice lets traders trade like pros and strengthen their strategies using a broad range of tools including the 60 second trade. As the term implies, traders predict how an asset will perform in a 60 second time frame.

    Additionally, the ProOption includes innovative features such as ‘Rollover’, Double-up and ‘Buy Me Out’ for trades that are not performing as expected. As we stated at the beginning of our review, the trading platform is accessible without software download through the browser of any PC. Additionally, the mobile trading platform is available for Android and Apple iOS mobile phones and tablets. Free downloads of the native apps are available in Google Play and the Apple App Store.

    Social Trading at BerkeleyTradingCorp

    A new potentially profitable feature has been added to the trading platform allowing social trading in binary options. Specifically, a social trading wall displays other traders’ trades or limit orders, allowing any registered trader at BerkeleyTradingCorp to copy them in a very easy process that’s incredibly straightforward.

    Reward Program at BerkeleyTradingCorp

    Every trade made on the BerkeleyTradingCorp platform earns points for the trader irrespective of the outcome of each trade. The cumulative total can be seen when traders log in to their accounts and whilst they trade. The reward scheme is very simple as traders simply use their points in the BerkeleyTradingCorp E-Shop on the website, to ‘buy’ branded electronic items such as cameras, digital binocular and Amazon Fire TV. Significantly, we saw that all the items in the E-Shop are shipped to the buyers free of charge.

    Expiration Rates

    Expiration times on binary options are much shorter than those of other trading instruments. Typically, the outcome of a trader’s prediction is known within several minutes or at the most within a few hours. BerkeleyTradingCorp calculates expiration rates based on the quotes provided by ‘Quotes Providers’ for the last known price for selling an asset and the last known price for buying an asset. It also gets a quote for the last price paid for an asset. Traders can find the expiration rules for each asset on the BerkeleyTrading Corps website.

  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. Support Information

    Traders can contact BerkeleyTradingCorp for customer support or for technical analysis queries, on two separate UK telephone numbers. Additionally, a prepared form for email enquiries is available on the website. We did not find live chat on the interface or the exact times when telephone support is available.

  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 & Company Information

    Traders’ accounts at BerkeleyTradingCorp are maintained in $US. Consequently, deposits made in other currencies are converted to the base currency at the exchange rate selected at the discretion of BerkeleyTradingCorp. A broad range of payment methods are available including major credit and debit cards like Visa, American Express, Delta and Maestro. The electronic wallet PayPal, is also an accepted payment option along with Western Union money transfer and bank wire transfer. Withdrawal requests can only be made by printing out the withdrawal pdf on the website, filling it in, scanning it and sending it by email. As long as compliance documents were sent before the withdrawal request to BerkeleyTradingCorp, the request is usually processed within 2 working days. However, it may take up to 5 days for money to reach the customer’s credit card or bank account.

  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

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