Warning, this broker is under investigation! Trade with HighLow instead!
TradesCapital is a broker that promises great security of deposits combined with superb trading experience in binary options. This broker is also offering 100%bonus on the first deposit, as well as the amazing range of binary options.
Read TradesCapital review for more details on this broker.
Nowadays, when new brokers are emerging every day, brokers must create attractive accounts with numerous benefits. TradesCapital review discovered how this broker has four account types ranging from $500 to $50,000.
However, when FBO team reached to customer support to ask what is the minimum account to open an account, the operator explained how account can be opened with $250. When asked what is the correct, it was explained that plain trading account can be acquired by depositing $250, however, all details on that account are provided exclusively by account manager.
All accounts, except the first account type, offer either 100% or 150% bonus upon initial deposit. The required turnover for every $1 of bonus is 30x. This can be considered the industry average, but still – bonus terms are very vague, so traders should check with customer support to have all necessary information before accepting the bonus.
Demo account is available for traders who make a minimum deposit in the amount of $250. Good news is that demo has no expiry date, and traders can test their strategies as long as they like.
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TradesCapital is using proprietary software, and traders can select among high-low, turbo, one touch and range options. The trading interface comes equipped with analysis chart, as well as the asset list. TradesCapital review showed that this broker allows trading with indices, stocks, commodities, and currencies.
The entire website is easy to navigate, and there are mobile versions of the platform for traders who prefer mobile trading. However, the traders can take a look at the platform only after they are registered, and then they can select whether or not they want to deposit their money.
If you want to trade with an award-winning licensed broker, we recommended using IQ Option
TradesCapital showed one concerning characteristic, and that is that the website is lacking many basic information like minimum investment, and maximum investment. Such information is of crucial importance for all traders, so FAQ section should be obligatory for all brokers. Also, the education center is opened only after the deposit is made.
The customer support is not very useful, as they have trouble in differentiating some basic terminology.
The website is available in English, Dutch, Arabic, Spanish, German, Chinese and French. Customer support can be reached via already mentioned live chat, phone, email and online form.
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Banking methods, that include depositing and withdrawing options are listed nowhere on the website. This is very inconvenient for the trader and is not leaving good first impression. Finally, FBO team found a box that promises two methods – Visa and MasterCard.
Withdrawal limit is $100 while minimum deposit is $250. There is also a part in Terms and Conditions regarding withdrawals, which is very hard to understand, but also a part about preventing withdrawals for a certain period of time.
This politics is something FBO finds unacceptable among proper brokers.
TradesCapital is in the ownership of TTN Marketing LTD.
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!
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