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Trade101 is a binary options trading platform introduced into the market fairly recently. It was voted Most Trusted Broker 2014 and promises to become a leading binary options broker.
Minimum Deposit: $250
Maximum Profit: 100%
Bonus: Up to 75%
Languages: English, Arabic, Turkish, Chinese, Japanese, Greek
The Trade101 platform allows trading in various options including Long Term, Sixty Seconds, Pairs and One Touch. The tab for another option, Ladder, is indicated but the option is not available yet for trading.
There are three accounts to choose from at Trade101 starting with the Silver Account and a minimum deposit of $250 and a welcome bonus of 30%. The Gold Account requires $500 to start and offers a 50% welcome bonus in addition to market reviews and an account manager. Unlimited withdrawals are allowed in the Platinum Account where a minimum deposit of $1000 is required.
All three accounts offer weekly market reviews, e-books and customer support via Chat, email and telephone.
There is no demo account available.
Customer support at Trade101is available 24/7, more time than most other binary option brokers provide. The extended service is indeed very useful because although the Trade101 website is user- friendly and easy to navigate, I found that some basic information was missing and I had to turn to Chat several times to find the answers to my questions.
The Education Center at Trade101 is fully loaded with e-books, videos and instructional courses for beginners as well as experienced traders. I was able to download the e-book without any difficulty.
Also available are trading tools such as an economic calendar and a financial dictionary. The list of assets includes stocks, commodities, Forex and indices.
Trade101 accepts most credit cards and transfer agents for deposits and withdrawals.
All in all, Trade101 offers binary option traders simplicity and service. Its site is user-friendly and its customer support is excellent.
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Review info: Trade101
Review Date: 2014-10-12
Rating : 2
Reviewed By : Sara Patterson (Google+)