MilanoTrader is now out of business. Try trading with HighLow instead.
MilanoTrader is a regulated binary broker that provides a great number of assets that can be traded on their superb and technically advanced trading platform. The broker also claims that all educational material is created by their financial specialists. In MilanoTrader review readers will find details and information considering this broker that promises high returns.
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Modern traders want only superb service and customized service. MilanoTrader provides 6 different accounts for users to select from. In MilanoTrader review was noticed how accounts offered can be a good choice for all types of traders, from beginners to advanced traders and professionals. The accounts offered are:
This broker provides Islamic accounts as well, but they are, as usual, reserved only for traders of the Muslim faith.
MilanoTrader calls bonuses “trading benefits” and when trading them, special terms and conditions apply. Required turnover is x5, and a bonus is valid for 60 days. Bonus policy can be found under “Legal” section, and is very well written and easy to understand.
In MilanoTrader review was found out how this broker doesn’t provide demo account, but for serious traders, the Micro account can be a good replacement that can help them to understand the platform better. Accounts can always be upgraded so no trader is stuck with the same account type. Such approach makes this broker a great choice for traders who want to stay with the same broker for a longer period of time, and upgrade their accounts according to their knowledge and experience.
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MilanoTrader is using SpotOption platform. This platform has set high standards for the entire industry, as the trading interface is fast, reliable and user-friendly. Even beginners can easily follow their options, do basic analysis and enjoy binary options trading without many dilemmas on all tools and features provided. The website is black and white and provides just enough information on all aspects of trading in just a few clicks.
Traders who prefer to use their mobile phones and trade anywhere they are can download an app for iOS or Android. This additional feature will be appealing for many traders, as the personal computer has been replaced with tablets and mobile phones that provide just the same trading experience, especially in the case of high-quality apps like this one.
MilanoTrader review showed that traders can opt for classic binary options, pairs, long term, 60 seconds, one touch and ladders. This broker provides trading with indices, stocks, commodities and currencies. Altogether, traders can trade with over 200 assets in 20 different markets.
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Customer support is one of the aspects that should be taken into concern when choosing a broker, but traders often neglect it as they believe they will never need these services. Good customer service makes a good broker even better, and in MilanoTrader review was found out how this broker provides several ways for contacting them. Traders can use an online form, email or phone (Italian customers only). Live chat or skype would be a great addition to customer service, as it is much faster and more convenient.
MilanoTrader also enables traders to improve their knowledge in binary options trading. Education section is placed in the top menu where traders can select whether they want to learn basics, read an e-book, just check out glossary, or visit the center for more details.
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MilanTorader is a broker that is owned by Spot Capital Markets Ltd. It is also a CySEC regulated broker, which gives traders additional security as the broker has to follow certain procedures and legal requirements.
While writing the MilanoTrader review was found out how this broker provides several banking methods that can be used for depositing and withdrawing. One of them is credit cards which include Visa, Delta, MasterCard, Diners, Visa Electron, Maestro, Maestro UK (Switch) and Solo. The second one is e-wallets. Unfortunately, the broker doesn’t name methods available but claims to support 20 digital methods for depositing and withdrawing. It would be good to have all electronic methods listed, just as it is the case with credit cards. Bank wire is also possible.
Minimum deposit with MilanoTrader is $200 *or the same amount of units in other currency selected), while minimum deposit starts with $50. There are also some fees that apply. While depositing is free of transaction fees (except those from the side of trader’s bank or financial service), all withdrawals are charged $10, no matter the method chosen.
The method used for depositing must also be used for money withdrawal and in addition to that, all withdrawals must be verified. This means that trader must deliver all necessary documents that serve as proof of identity before withdrawing the funds. In most cases, the withdrawal request is processed within 5 working days.
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!
