CT Trade Broker Review

CT Trade Broker Review
Petar Nola
CT Trade is a non-regulated binary options broker offering more than 80 underlying assets for forex and CFDs trading on financial markets. CT Trade has offices at 71-75 Shelton St, London WC2H 9JQ, UK and the website is available in English and Russian, with comprehensive customer support in both languages. We saw that the servers... Read more
CT Trade is a non-regulated binary options broker offering more than 80 underlying assets for forex and CFDs trading on financial markets. CT Trade has offices at 71-75 Shelton St, London WC2H 9JQ, UK and the website is available in English and Russian, with comprehensive customer support in both languages. We saw that the servers of CT Trade are located in Cyprus, an EU member state, and that all financial transactions are handled by the Cyprus office of CT Trade. Importantly, customers’ deposits are securely segregated from CT Trade’s business accounts and fully insured. Moreover, we were pleased to see that CT Trade implements protected multi-bit encryption SSL protocol for all transactions and uses safe HTTPS connections when receiving customers’ personal data.
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  1. CT Trade is a non-regulated binary options broker offering more than 80 underlying assets for forex and CFDs trading on financial markets. CT Trade has offices at 71-75 Shelton St, London WC2H 9JQ, UK and the website is available in English and Russian, with comprehensive customer support in both languages. We saw that the servers of CT Trade are located in Cyprus, an EU member state, and that all financial transactions are handled by the Cyprus office of CT Trade. Importantly, customers’ deposits are securely segregated from CT Trade’s business accounts and fully insured. Moreover, we were pleased to see that CT Trade implements protected multi-bit encryption SSL protocol for all transactions and uses safe HTTPS connections when receiving customers’ personal data.

  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. CT Trade Special features

    Customers can choose from four types of trading account. Namely the ‘Takeoff’, ‘Standard’, ‘Premium’ and ‘VIP’ account. Each account is available as a live or practice account during the account registration process at CT Trade. With a practice account, clients can familiarise themselves with the trading platform and make risk-free practice trades with virtual money, before depositing real funds to the account. All live accounts operate in USD, but clients can deposit in multiple currencies including GBP, AUD, EUR and NOK. Following each deposit, the funds are converted automatically by CT Trade to USD and placed in customers’ trading accounts. Notably to receive trading signals on the trading platform, clients must make a minimum initial deposit of $2,000. Clearly, this limits the signals service to customers with Premium and VIP accounts. As we explained in the introduction to this review, bonuses are offered to all customers at CT Trade. Nevertheless, bonuses are typically subject to strict wagering terms and conditions that should be carefully considered before accepting any bonus. Leverage up to 1:200 is offered to traders at CT Trade, increasing the trading profit potential substantially, but also magnifying any investment losses. Nevertheless, we were pleased to see that integrated mechanisms in the trading platforms, protect traders from losing more than the investment capital deposited with CT Trade. An important benefit for traders at CT Trade is that all customers are assigned a personal broker providing immediate support and guidance.

    CT Trade Takeoff Account

    With an initial deposit of at least $250, traders can set up a Takeoff account at CT Trade, enabling minimum trades of $10 and maximum trades of $50. To begin, customers receive one free trade with 1% added to the indicated payout. Additionally, clients are awarded a 100% sticky bonus directly in the ‘Trading Zone’ area in the top right-hand corner of the trading platform. With every trade, the sticky bonus grows and the funds available for trading can increase from $250 to $460. Notably an indicator in the trading zone shows when the sticky bonus has been fully wagered in accordance with the bonus wagering conditions. Subsequently, the bonus can be withdrawn from the trading account or used to trade on the platform.

    CT Trade Standard Account

    A minimum deposit of $1,000 is needed to open a Standard account with CT Trade. The minimum investment amount is $10, and the maximum is $100 per trade. The first two trades made by Standard account holders are free and 3% is added to indicated payouts. Additionally, clients are offered a 100% balance bonus on the full amount of the first deposit to the Standard account, immediately boosting available funds for investing.

    CT Trade Premium Account

    With a minimum first deposit of $5,000 traders can open a Premium account at CT Trade with online trading signals. Investors are offered a 150% bonus on the opening balance and a 50% pending bonus on the subsequent re-deposit. The first 3 trades are free and 5% is added onto the payout indicated on the trading platform. The minimum investment allowed is $10, and the maximum is $200, giving traders greater trading flexibility.

    CT Trade VIP Account

    A minimum of $10,000 is required to open a VIP account at CT Trade with online trading signals sent directly to the platform. Customers start off with 5 free trades and 5% added to payouts seen on the trading platform. Notably the bonus offered on the opening balance is a massive 200% and the pending bonus is 100%. Moreover, whilst the minimum investment is just $10, the maximum permitted single investment amount is $5,000.

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  6. CT Trade Trading software

    Two types of web-based trading platform are available to all customers with registered trading accounts at CT Trade: Basic and Forex. Moreover, both platforms are accessible through the web, on PC, Mac and any type of smart mobile device without downloading apps or any type of software.

    CT Trade Basic Platform Features

    The Basic trading platform features the full range of tradeable assets offered by CT Trade on a fast, bright, user-friendly platform. Significantly, it focuses on social trading with social sentiment indicators and popular asset picks highlighted on the platform. We were impressed to see that CT Trade provides high quality training directly on the Basic platform. This ensures that even the most inexperienced traders are ready to start trading confidently, within minutes of opening an account. By clicking on the white arrow in the left-hand column, traders gain access to 5 consecutive video tutorials beginning with a comprehensive platform introduction. This is followed by. how to select an asset, choose an expiry time, how to trade and open positions. Following the mini training course, one-click on the search tab brings up the asset manager box with all the tradeable assets listed under each category. Traders can choose from 27 currency pairs, 41 stocks, 5 commodities, 9 global indices and 12 crypto currencies. However, traders looking for investment inspiration can look at the top picks made by the CT Trade community. These are posted along the top of the dashboard and by clicking on the social icon on the left side of the platform, anybody can see the traded assets and profits made by traders active on the platform. Significantly, for every tradeable asset selected, trader sentiment for that day is clearly indicated in a diagram on the platform. This gives inexperienced traders valuable guidance about general market sentiment concerning potential price movements for each asset. To make a trade on the Basic platform, traders choose an asset and expiry time. Subsequently they must decide whether the price will close higher at the expiry time, or lower than the price at the time of opening the position. Finally, they select the amount of the investment and click on the trade button. After placing a trade, a summary of recently opened positions is shown in the ‘my positions’ box.

    Extra Features on the Basic Platform

    Some options in the CT Trade Basic platform have extra features attached to them. These include the valuable ‘sell back’ tool intended to stop loss or lock in profit before the selected expiry time. By clicking on the ‘sell back’ tab, traders are given three seconds to decide whether they want to close the trade and sell back the order at the payout indicated in the box. Another useful tool is the ‘double up’ feature, for doubling up an investment in one click with the same stake, expiry time and direction. A hedge feature is also available for traders wanting to make the same trade in the opposite direction, based on the current asset price and payout. Hedging allows traders to protect their investments when markets go in the opposite direction to that originally predicted.

    CT Trade Forex Platform Features

    The CT Trade Forex platform is designed for traders who only want to trade traditional and cryptocurrency pairs. Around 25 FIAT currency pairs are included in the asset list along with 10 cryptocurrency pairs including Bitcoin, Litecoin, Ethereum and Ripple as well as crypto/Euro crosses. Forex trading is fully explained in the CT Trade educational section through video tutorials and E-Books. The Forex platform uses candlestick charts and chart indicators to help traders make investment decisions. Leverage from 1:50 up to a maximum of 1:200 is shown in the top right-hand corner. Notably, traders can set the take profit tab at the desired level, and close a trade at that pre-set profit level before the expiry time is reached. The percentage payout for the investment is clearly indicated in the bottom right-hand corner of the platform, along with the potential return. Traders using the Forex platform can add useful indicators such as the RSI and SMA to the price chart, for more accurate predictions. The relative strength indicator (RSI) measures the speed and size of directional price movements for any kind of asset whether a currency pair, index or a CFD. The RSI oscillates between 0 and 100% and gives investors sell or buy signals when the asset is overbought or oversold. Experts consider that an asset is overbought when the RSI goes over 70% which usually means the asset price will fall soon. On the other hand, an asset is considered to be undersold when the RSI falls below 30%, signalling that the price is likely to rise soon. The SMA indicator measures the Simple Moving Average, thereby smoothing out price volatility and clarifying the changing price trends for traders.

    CT Trade Education

    We found the level of trading education provided by CT Trade very impressive. Apart from the concise video tutorials integrated into the Basic trading platform, CT Trade provides free forex trading tutorials for inexperienced and advanced traders, in the education section. Customers can watch up to 20 video tutorials introducing forex trading, from the video-on-demand library on the website, as well as a beginner’s course in trading. A huge selection of video tutorials is also offered, including an explanation of trading tools, commodities and futures contracts, trading in stocks and contracts for difference (CFD) as well as trading strategies, ECN trading and social trading. For clients who prefer to read about all these trading topics, informative E-Books are available with exercises to test understanding at the end of each chapter.

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  8. CT Trade Support information

    Customers can contact customer support by email or over the phone to a number in the UK. The email address and telephone number are indicated on the home page of the CT Trade website. It’s worth noting that every customer is allocated a personal account manager who can provide support throughout the trading day.

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  10. CT Trade Payment Methods

    Customers can fund their CT Trade trading accounts using a broad range of secure payment methods. These include Visa, Mastercard and Maestro credit/debit cards, Swift bank wire transfer, WebMoney, Skrill, Neteller and Paypal. Whilst trading operations on the trading platforms are executed in USD, customers can deposit in multiple currencies. The funds are converted automatically to USD using the exchange rates of the customer’s financial services operator.

    CT Trade does not charge fees on deposits. Moreover, withdrawals are free of commission, with the exception of bank wire transfers that are charged a $30 commission. Traders can withdraw as often as they like from CT Trade, but with each withdrawal request, active bonuses are cancelled in their trading accounts. CT Trade requires 3-10 business days to process and deliver withdrawal requests. Importantly, customers need to provide an official ID document to validate withdrawal requests, and anybody who deposits more than $1,000 is also required to provide a utility bill as proof of residence.

  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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