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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SpearTrader Broker Review

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    Online since 2009, SpearTrader is present in binary industry by offering modern platform for traders worldwide in order to achieve success. This brokerage company is held by Spear Online Marketing Group.

    Their platform combines several components which should be sufficient for both expert traders and beginners. They have on disposal a selection of trading tools and attractive features as well as trading accounts.

    Read further our SpearTrader broker review and get more in-depth information about this trading platform and available features.

  2. According to provided info from their site, SpearTrader introduces 4 different trading accounts, each consisted of various trading characteristics.

    SpearTrader Entry Level Account

    • $5000 – $25000
    • Direct line to Account manager
    • Access to 12 education videos
    • Follow entry level options

    SpearTraderPriority Account

    • $25000 – $50000
    • Direct line to  Priority Account manager
    • Market alerts + 20 guides trades
    • Access to 20 education videos
    • Follow priority level options
    • Withdrawals within 72 hr

    SpearTrader Priority Account

    • $50000 – $100000
    • Welcome gift iPad
    • Membership 2.5% yearly interest
    • Priority line to  Executive Account manager
    • Market alerts and signals + 75 guides trades
    • Access to 27 education videos
    • Follow executive level options
    • Withdrawals within 48 hr

    SpearTrader VIP Chairman’s Account

    • $100000 –
    • Welcome gift
    • Membership 5% yearly interest
    • Advanced charts
    • Priority line to  Personal Trading Broker
    • Market alerts and signals + 150 guides trades
    • Access to 32 education videos
    • Follow vip level options
    • Withdrawals within 24 hr

    It is possible to invest in more than 220 assets, such as stocks, commodities, futures, currencies and indices. Accepted currencies for deposits and withdrawals are: USD, GBP and EUR. minimum investment per trade is $10, whereas payouts can go max up to 81%.

  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

    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. Our SpearTrader broker review revealed us how this broker uses Tradologic software, with a clean design and simple interface. It is web-based platform, which means this software can run on a regular browser, without need to be downloaded.

    There are couple of trade options among which traders can choose a preferred one according to their wishes and trading plan. They include: Digital, One Touch, Touch, Rage and Turbo options. Also, available expiry times range from 60 s, over 5 min, 15 min, 30 min, 1 hr, 4 hr up to 24 hrs.

    On this platform, traders can experience social trading, a great new way to follow professional traders, detect their profitable trades and later on, applying them on their own trades. A goal is to improve trading skills and become more successful trader.

    During this review, we discovered they offer mobile app, fully connected to both Android and Apple systems. It is a great option to all the traders who want to have access to a mobile version of the platform. Due to tech improvements and clear chart overview, traders are allowed to trade binary options from anywhere.

    This platform isn’t available only on English, but also German and Arabic.

  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. According information on SpearTrader website, this broker claims to offer customer support service 24/7. Traders have option to contact them via email [email protected], live chat, phone and contact form.

    Under contact form, traders are required to fill out needed info, such as first and last name, phone, email and message. They even have option to choose particular segment of the platform, for example tech issues, platform queries, banking or general.

    On Trade Academy, traders worldwide are able to get more in-depth information, regardless if they are newbies or professional traders. They have on disposal a variety of webinars, ebook, economics guide and advanced lessons. The idea of this broker is to provide sufficient education materials for them to learn all binary tricks and make a profit.

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

    Between 74-89 % of retail investor accounts lose money when trading CFDs

  9. Under Terms and Conditions, traders are able to find very detailed explanation of how this broker runs its online trading business. To ensure high security measures, they provide its trading platform which is in accordance to Know Your Customer policy same as having understanding of importance of Privacy Policy.

    Concerning depositing, traders are able to make payments via Visa, Mastercard and bank wire transfer. Minimum deposit amount is $350 and accepted currencies to trade with are USD, EUR and GBP.

    To make withdrawals, traders have to submit few documents to authenticate their trading account, including copy of proof of residence, copy of credit card and ID card. Afterwards, traders have to send this broker a withdrawal request which should be processed within 3 working days. Regarding withdrawal process, it can take up to 14 business days until funds arrive on traders’ account.

    Minimum withdrawal amount is $200 and this broker does charge a withdrawal fee. The amount is $30 regarding credit card and wire transfer, however, it is possible there are additional fees in terms of wire transfer where it depends on a particular bank.

  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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