10Trade Review

10Trade

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Overview

Reading Time: 3 minutes

Established by Holiway Investments Inc, a financial services company located in Cyprus Nicosia, they boast with a staff of experienced traders and market professionals with broad experience in the binary options industry.

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Details

Broker 10Trade
Website URL http://www.10trade.com/
Founded 2014
Headquarters Nicosia
Support Number Local Rate Number
Support Types Address, email, telephone, chat
Languages EN, NL, DE, IT, RU, ES, AR, NO, PT, SV, PL
Trading Platform 10Trade
Minimum 1st Deposit $200.00
Minimum Account Size $200.00
Minimum Trade Amount $5.00
Maximum Trade Amount $5,000.00
Bonus Promotions vary
Payout Up to 75%
Free Demo Account No
Regulated Yes
Account Types One account with differnet levels of service accourding to deposit amount
Deposit Methods CC, Debit card, Wire, MoneyBookers, CashU, iDeal, Neteller, BitCoin
Withdrawal Methods CC, Debit card, Wire, MoneyBookers, CashU, iDeal, Neteller, BitCoin
Trading Methods 60 sec, One touch, Ladder, Trader's choice, history graphs, Buy out
Number of Assets Over 150
Expiry Times 60 sec, 2 min, 5 min
Types of Assets Stocks, Currencies, Commodities, Indicies
Option Types 60 sec, One touch
Trading Currency USD, EUR, GPB, SEK, RUB
Account Currency USD, EUR, GPB, SEK, RUB
US Traders Allowed No
Mobile Trading Yes
Tablet Trading Yes
Overall Score 80/100

Pros

  • Regulated and Licensed Broker
  • Unique trading features
  • User friendly platform

Cons

  • Very young broker
  • Not well marketed as yet

Full Review

Reading Time: 3 minutes

Introduction

10Trade is the newest regulated Binary Options broker. Established by Holiway Investments Inc, a financial services company located in Cyprus Nicosia, they boast with a staff of experienced traders and market professionals with broad experience in the binary options industry. Impressively, within the short time they have been around they are a regulated operating broker, regulated by CySEC. This is a great start showing their commitment to creating a fair and secure trading environment.

Trading Platform and Features

The 10Trade binary options platform was designed with the goal of making binary options trading available to everyone, including new traders. With over 150 assets, high payouts of up to 81% and a generous assortment of trading products and tools. Their features include Ladder Options, Trader’s Choice, history graphs, and a buy-out feature, in addition to popular classics such as 30 seconds 60 and 30 seconds, One-touch weekend trading of up to 750% returns and ladder option. With no downloads required, the 10Trade easy-to-use web and mobile platforms offer immediate access and instant trade execution, creating an inviting and exciting trading experience for traders at every level. The platform and support is available in 11 languages.

Banking Options

Numerous and convenient options are available to traders looking to fund their trading accounts. The deposit methods that are provided by 10Trade, including credit and debit cards, e-wallets and wire transfers. Most deposit methods are instant, so you start trading straight after your deposit is complete. All transactions at 10Trade are protected SSL encryption which ensures 100% security.

Once your trading account has been created every trader must submit documents to authenticate their account to eliminate any potential fraud. A valid picture ID or driver’s license, a utility bill with proof of address, and if depositing via credit card, please provide a copy of the credit card used.

The 10Trade finance department handles all submitted withdrawal requests. The documents outlined above must be submitted in order to both open a trading account as well as for processing a withdrawal. There is no fee to withdraw via credit card. However, any withdrawal using bank transfer will accompany a processing fee of $30.00. Once a withdrawal request is submitted, it can take up to 2 business days to process the request. Once the request has been approved, traders should allow an additional 5-7 days for the funds to reflect in your account.

Trading Accounts and Payouts

10Trade does not offer a variety of accounts, there is one account with different levels of service according to the amount deposited. The greater the deposit the greater the level of service you get. Another added opportunity that is offered by 10Trade is the ability to trade Bitcoins (Bitcoin is a digital currency. Its creation and transfer is based on an open source encryption protocol) on their platform. They offer trading in over 150 assets including 80 stocks. Payouts are as high as 81% per trade with a payout of 10% on losing trades. The platform has 4 different order view screens as well as dynamic color graphs.

Support

10Trades resource center is packed with multi-media training tools including video courses, webinars, e-books and 1-on-1 training sessions. It also includes a newsroom offering streaming news, daily and weekly reports presenting and explaining all the latest market updates. An extra addition to their education center they offer live radio tune in to 10Trade’s online radio and hear the latest market news and reviews from our expert team of financial analysts.

10Trade offers responsive 24/7 customer support via Live Chat, Email or Toll Free Phone, they also have a very professional support team in multiple languages and provides personal, professional guidance for every trader no matter how big or small your account. The education department has experienced traders on call to assist with training and advice. They also provide a free eBook as well as multiple video training courses for beginners through advanced traders.

Why Trade With 10Trade?

The 10Trade binary options platform was designed with the primary goal of making online trading accessible to everyone, including new traders with no experience in finance nor background trading. With their no downloads required platform the 10Trade easy-to-use web and mobile platforms offer immediate access and instant trade execution, creating an inviting and exciting trading experience for traders at every level.

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Jason B Kruger

Professional Trader at WhyOptions
Jason B. Kruger is a Professional Trader & Chief Editor for WhyOptions.com, who is considered ‘The Authority’ on Binary Options Trading Strategies, Reviewing Brokers,Providers and their Products.
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Binary Options Trading carries a high degree of risk to your capital. Please ensure you fully understand the risks before you start trading,and if necessary seek independent advice. Whyoptions advises its clients to read carefully the terms and conditions of each broker before opening an account. Copyright © 2014. All Rights Reserved - Whyoptions.com