As of May 2017 the TradeRush website was not directly accessible and was redirecting to a new website. The TradeRush brand seems to have disappeared and to be replaced with a new brand name. We have not reviewed the new website and cannot testify to any claims made there.
TradeRush is domiciled in Cyprus. When its platform was launched in 2011 it was the first binary options broker to introduce 60 second binary options to the online trading community. TraderRush offers high quality trading tools and a good selection of trading options. There are a total of 104 financial assets to trade. Within just a few years, TraderRush has become one of the leading binary options brokers in the industry.
There is only one standard account at TradeRush. The minimum deposit to open a trading account is $200 and the maximum deposit is $10,000. Credit card information is not required in order to register. Accounts can be funded in USD, EUR, GBP, AUD, RUB, SEK, CAD & JPY currencies but a change in the currency selection after registration is not allowed.
TradeRush currently offers 60 second trading on most major currencies, gold and DAX Futures and RTS Futures.
There are no margins, spreads or other fees for maintaining a binary options account at TraderRush. Payouts can be as high as 81%.
OneTouch Trading with TradeRush
Among the different trading features at TradeRush, the Buy-Me-Out option is the most unique. Traders are offered the option of utilizing stop/loss strategies by selling a trade for a fixed price within a time frame of one hour prior to expiry.
Traders who find themselves close to their expiry time, and who believe their predicted direction is on a roll, have the chance to “do it again” by clicking on Double Up. By doing this, a trader can create a new trade with the same conditions, for the current price of the asset. Using this feature gives traders an opportunity to increase their investment and thus, double their profits.
The Rollover choice is a powerful stop loss strategy that allows traders to postpone the expiry of their option. If the market disagrees with a trader’s prediction and it is not going to be on target by the upcoming expiry date, he/she can activate Rollover with the click of a button providing an additional opportunity to close in the money.
The TradeRush Option Builder offers traders a way to customize their trades in all aspects. Using this feature a trader can decide the precise risk reward ratio to suit his/her style of trading and portfolio size as well as precise expiry times. The Option Builder allows traders to implement the trading strategies that work best. Traders can trade in the way that’s best for them, monitoring their risk management and timetables to create the strategy with the highest yield.
OptionPro is their newest feature, offering traders advanced charting for each available asset that lets traders see historic trends in their underlying assets. This is ideal for traders who trade using technical analysis to see larger and historic trends for their assets. Traders can select their asset and change the history or zoom of their chart by accessing the HISTORY button at the bottom left of the screen. They can see charts from 5 hour increments down to 15 minute increments.
In order to become a more successful trader, TradeRush offers several educational tools. At the TradeRush Academy, traders can find an interactive binary options eBook, complete with a glossary of binary options terminology is available. The entire e-book is available online for registered traders and can be accessed just as easily by non-registered viewers.
The TradeRush video academy consists of a platform walk through and an instructional guide on how to properly execute a binary options trade. In addition, other video courses cover advanced trading techniques, such as binary options trading psychology and money management techniques.
Traders of all levels are invited to attend any of the numerous live webinar sessions. Top TradeRush senior analysts offer over 9 different webinars, ranging from subjects such as a platform walk through to learning how to read candlestick charts and VIP webinars.
A weekly and daily binary options market review is presented as well as an individual daily reviews on the stock market, indices, Forex and commodities. There is even a monthly market review. At the time of this TradeRush review the monthly report for March had already been uploaded.
Technical and fundamental analysis is also provided.
At the time of writing this review TraderRush was offering a bonus of up to 50% on any investment made. In addition, anyone registering for an account receives a free eBook trading guide.
New account holders may receive a bonus on their original deposits but these bonuses are provided by telephone on an individual basis only.
Custom option Pro charting
Accounts can be funded at TradeRush using multiple methods. Those methods are Credit cards, debit cards, wire transfer, Skrill/MoneyBookers, CashU, iDeal, Neteller and BitCoin.
Withdrawals are made through TraderRush's finance department. There is no fee to withdraw via credit card, however any withdrawal using bank transfer will accompany a processing fee of $30.The minimum withdrawal depends on the trading account currency and deposit method--$30 via credit cards, $100 via wire transfers.
Trading can be done at TraderRush 24/5. Customer support is offered 24/7 via email and chat, or by phone to 20 different locations, with a local phone number in the US and Canada. The platform and support are available in 9 languages.
Navigating the TradeRush website is easy and the different asset preferences and trading styles as well as high payout levels definitely meet the needs of most binary option traders. Its genuine professionalism and trader-friendly features prove that TradeRush is not just one of those new brokers trying to tap into current trends.
- 60 second trading option.
- Excellent trading platform.
- Many tradable assets available.
- No demo account available.
Review info: TradeRush
Review Date: 2017-05-06
Rating : 4.5
Reviewed By : Sara Patterson