TradersRoom Review. TradersRoom was established in 2010 and is starting to attract new customers daily. There are 4 languages available, catering to a certain segment of the binary options market. The website speaks of digital options and binary options, even though they are both the same. Winning trades pay up to 75% and losing trades pay up to 10%. Whenever you want you can view your transaction history in the My Account tab. The maximum investment amount is $1000, but you can trade as many $1000 trades on one binary options asset as you want.
TradersRoom uses the internationally accepted security system SSL (Secure Sockets Layer) that encrypts all credit card payments over the web. According to the website TradersRoom is a global privately owned and operated by Cathrock Ltd. It is headquartered in London, England, with offices spread around the world. User-Friendly 9/10. Overall, the website is user-friendly and easy to navigate, and the graphics are very attractive.
You can easily navigate around the website. The site is professional and catches the trader’s eye. Existing customers have a lot of good to say about the broker. There is a news feed and a demo that is the perfect way for traders to get started. The FAQ section is well detailed and split into sections: Platform, Open Account, Deposit, Trading, Support and Demo. The website has just enough information. More could help, but it is good that there is no information overload.
Assets & Expiry Times 9/10. TradersRoom offers the following assets: 20 stocks, 10 currencies, 4 commodities and 20 indices. This totals to 54 underlying assets – a great choice for all binary option traders. The expiry times available at TradersRoom are 15 minutes, 30 minutes, hourly, 24 hours. Good choice, but longer term options are needed. Commissions, Customer Service & Return Rates 8.5/10.
TradersRoom charges current no deposit binary options bonus commission for purchasing a binary option asset. Therefore, you can trade binary options without any interruption. There is no info available on withdrawal fees. TradersRoom is accessible via phone (10 international support numbers), email and live chat and call back. Their customer service team is known to be of the best quality out there. TradersRoom offers return rates of 68-75% for in the money and 5-10% for out of the money.
Good, but not the best rates! Deposit Options, Languages & Bonuses 6/10. Deposit with TradersRoom with Credit Card and Wire Transfer. TradersRoom has 4 languages available: English, Russian, Spanish and Portuguese – pretty average for the binary options industry. Deposit $5000 and get an IPAD. There are also other bonuses available for existing customers. Additional Features 9.5/10. Choose from 1 platform, but 2 ways to trade. On the homepage you can simultaneously view different assets and type in an amount to see the predetermined sum of money you can receive if your trade wins or loses.
Every time you purchase a binary option you can follow its progress with a graph.