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Trader24 has decided not to accept new customers.
Trader24 accepts US customers. There are no bonus advertised on the site but it is definitively possible to get one and usually its around 25% of initial deposit. When you have registered an account you will get a phone call from a an agent who will design a sign-up offer based on your personal needs. It goes without saying that the more you are willing to deposit the higher value you will receive as a customer.
You can request to get a demo account if you make a deposit with Trader24. The demo account allows you to trade with ‘monopoly money’ making it possible to get familiar with trading binary options before investing your own hard earned cash. You can withdraw your money whenever you desire as long as you have no bonus money pending in your account.
Trader24 is a perfect place for first time traders since you can deposit as little as $100 and you can arrange a call with a Market Analyst who will help you getting started.
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Trader24 is using the popular Spot Option platform that makes it very easy to trade options. The clean light design ensures you quickly learn how to trade options of your choice of assets.
Besides the common binary options such as call/ put options & one touch options, Trader24 offers Option Builder that enable you to customize your trades since it allows you to set the exact expiry time and your own risk level.
If you believe that the Coca Cola share will drop in two hours then you select the expiry to be two hours and click ‘put’. The Option Builder makes it possible for you to consider how much you want to risk in one trade. You can choose a 70% profit level and 15% insurance to minimize your variance.
Trader24 offers binary options trading in all of the four major markets. It has 13 currency pairs, 16 stocks, four commodities and more than 40 indicies. A total of more than 80 different assets to trade.
If we have to say something negative we have to admit that we found it hard to locate where we could monitor the trend on our open positions. In the portfolio tab you will find your open and closed positions on a list but if you want to monitor the graphs live kindly look on the left hand side and click on the green bar to expand the charts.
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The support at Trader24 is quick to respond to questions during the week when the major markets are open. You will by using Trader24’s live chat get instant response. You can request to get a call from a friendly trading agent that will assist you in getting started and answer any questions you may have.
It is also possible to call Trader24 in five of the six major English speaking regions
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The company has been around for more than five years and has offices located in Australia, Cyprus, New Zealand, South Africa and the United Kingdom.
The deposit procedure was easy and quickly processed without any fees.
Trader24 requires scanned photo-ID proving your identity and home address. This is to comply with America’s Patriot Act from 26 October, 2001 preventing money laundering.
The only negative thing we can say about Trader24 is the conditions regarding withdrawals. Trader24 charge min. $10 or 10% up to $30. This essentially means they profit from cash-outs made via Moneybookers on the contrary they break even or make a small loss on bank withdrawals.
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