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Eurotrader is a popular new broker that is owned by EuroTrader Investments RGB Ltd, in Cyprus. This broker was founded by trading experts who know every detail about financial markets and binary options trading, and who are trying to provide the best trading experience possible. Eurotrader review will introduce this new broker and all of his features to readers who are looking for binary options broker.
Eurotrader has tried to create a number of trading accounts that will suit all types of brokers. Of course, there are cheaper ones, meant for beginners, and more expensive ones, created with more experienced traders in mind. During writing of Eurotrader review this broker was offering 4 different accounts.
- Minimum deposit $300
- Up to 50% welcome bonus
- Basic educational video
- Daily market reviews, video tutorials etc.
- Minimum deposit $1000.1
- Up to 100% welcome bonus
- Personal financial analyst
- Videos on 2 trading strategies
- Benefits of Micro Account
- Minimum deposit $5000.1
- Up to 120% welcome bonus
- Individual review of trading account with personal analyst (30 minutes, once a week)
- Priority withdrawals
- Benefits of Silver Account
- Minimum Deposit $25000.1
- Up to 120% welcome bonus
- Help in developing a personal trading strategy
- Education in 4 trading strategies
- Quarterly trading plan
- Benefits of Gold Account
As it can be seen in the list above, this broker provides generous bonuses. Unfortunately, during the review, FBO team was unable to find any T&C regarding bonuses. This could be seen as a concerning sign, as every bonus requires a certain turnover in order to be withdrawn. Lack of terms and conditions should be fixed immediately.
During Eurotrader review was noted how they offer insurance for risk-free trading for PRO and VIP trader. Unfortunately, we couldn’t find any details on PRO account listed, so it remains a mystery. When it comes to insurance, same T&C apply as for bonuses, but unfortunately, T&C regarding bonuses are not listed on the website. After further investigation, it was found out how bonus conditions are introduced only to traders with open accounts. Still, it would be much better if users were introduced to them before depositing.
Eurotrader Trading Platform
Eurotrader is using popular SpotOption platform that is favorite among both brokers and traders. SpotOption is considered to be the most reliable platform on the market, as it provides everything needed for binary trading. In Eurotrader review was noted how this broker has a well-designed website in blue and white color scheme that can easily be navigated from the desktop computer. For now, Eurotrader hasn’t developed a mobile app, but it would be a great addition to the trading platform.
With Eurotrader, traders can trade high/low, turbo, long term, pairs and one touch options. This broker also offers the most popular trading assets: stocks, currencies, indices, and commodities.
Euro trader review showed how this broker at the moment only has a website in English but announced Polish, Spanish and Italian version as well. Customer support can be reached via phone, online chat or email. Unfortunately, it seems that live chat was not working during the writing of Eurotrader review.
When it comes to education, Eurotrader provides interesting educational materials. FAQ section provides basic information, and there is also education section divided in various section depending on what trader needs or his level of knowledge.
Euro Trader Minimum Deposit
Eurotrader is a broker in the ownership of EuroTrader Investments RGB Ltd, in Cyprus. When it comes to making deposits and withdrawals, in Eurotrader review was found out how Eurotrader minimum deposit is $200 and minimum withdrawal of $25 which can be considered to be very user-friendly.
When it comes to withdrawing and depositing, Eurotrader provides methods like Visa, MasterCard, Maestro, Neteller and OKpay. There are no fees for depositing, but only first withdrawal in month is free. All other withdrawals are charged with $12 fee. Bank wire withdrawals are charged with $25.
In order to withdraw the funds, traders must send all necessary documents to the broker, and if everything is fine, it takes 2 working days to process it.