Great software and solid ability to manage your account
Not enough assets but this should get better over time
2012/11/19 by David Fielder
Full Broker Review
Overall Review of broker: This is a great broker that takes itself and its customers very seriously. Your funds are not going to be messed around with and neither is your trade. To be honest, unlike forex trading, brokers in binary options don’t play that game of stop loss hunting, price changing, and other unseemly habits. They created their own trading system, which is stellar, yet a bit stripped down for the more advanced trader.
Company Profile: Tradesmarter, formed in 2008, is one of the pioneers of the Binary Options industry. Their vision is to provide a simple trading experience to novice and experienced traders alike. Tradesmarter specializes in Binary Options across the world’s largest financial markets and offers a variety of underlying assets: currencies, commodities, indices and stocks.
The Good: They have a wide range of support languages including Western European languages and Arabic which is important. They also have a good payout % and aggressive bonuses (see below).
The Bad: No Stop Loss, No Take Profit, No Touch Options, No Range Options, and No Rollovers are somewhat problematic in our eyes. We’d love to see them add these as they are almost standard now. They are vital for the more advanced trader.
Payout %: They have a wide payout range of 69-85%. It is somewhere slightly above average and should be fine for any trader type.
Expiry Variety: As far as we can tell, a 1 hour expiry is good for all trader types. Of course, we’d like to see more variety here and it’s a little too focused on short term trading strategies.
Binary Options Types: Above/Below (Call/Put) are not enough in today’s market conditions. However, new traders will likely stick to these options to begin with anyway. Which is why they are on our top broker table despite this.
Software: Tradesmarter proprietary system is one of the best in the business. Solid and stable.
Asset Types: With a wide variety of asset types, we like what we see. See the table below for a full listing of what you can trade:
N. AMERICAN INDICES
ASIA AND MIDDLE EAST INDICES
EUROPEAN AND UK STOCKS
ASIAN AND OTHER STOCKS
Goldman Sachs Group
SPDR Gold Trust
Languages: They provide support in a very wide range of languages including English, Spanish, French, Russian, Chinese, Korean, and Italian while the trading platform itself supports these languages as well as Arabic, Turkish, and others.
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