Boomerang $50 Cash Back!
|Support Types||Telephone , Email , Live Chat|
|Minimum Account Size||$250|
|Minimum Trade Amount||$25|
|Cash Back||Boomerang $50 Cash Back!|
|Payout||Up to 89% and more with other Options|
|Free Demo Account|
|Fee Info||25 for Wire Transfer Withdrawal|
|Account Types||Mini , Silver , Gold and VIP|
|Deposit Methods||Credit Cards: , Visa , MasterCard , Maestro , Visa Eletron and Diners , Wire Transfer and CashU|
|Withdrawal Methods||Credit Cards: , Visa , MasterCard , Maestro , Visa Eletron and Diners , Wire Transfer and CashU|
|Trading Methods||Short Term , Long Term, , High/Low , One Touch and Boundary|
|Number of Assets||100+|
|Expiry Times||2Mins to 5Mins , Usual longer 30Min to 1Hr and up to 6Months|
|Types of Assets||Stocks, Currencies, Commodities and Indices.|
|Account Currency||USD , EUR , GBP|
|US Traders Allowed|
- Available for US Traders, High Tech Platform
- Not Regulated but very Trustworthy
Welcome to our Full Tradorax Review
Tradorax is owned and operated by Alpha Capital House Ltd in London by an experienced group of professional Brokers who are experts in Financial Trading. They are one of the newest which offer both Binary Options and Forex Trading and are one of the few that can still accept US Traders. During the research for this review, we found them not only to be popular with US Traders but they are well received by EU and other countries as well, they are definitely getting a reliable and trustworthy reputation. For this reason, we have placed them on our Website and positioned them as one of our Boomerang Top Rated Brokers. We are also happy to be able to offer you our ‘Boomerang Cash Back Offer‘ with this Broker, you can receive a Cash Back amount of $50 if you register and deposit through us. Our intention is to always bring your money back to you after you invest and this how we want to start you off! We have chosen to only work with the Best Brokers, Quality rather than Quantity!
Tradorax Review – Platform and Trading Software
Tradorax uses the state of the art TechFinancials Trading Platform which is a new generation and the first to offer both Binary Options and Forex Trading on their Platform. It is web-based so does not require any additional software to be downloaded and is equipped with some of the best tools for Binary Options Trading like Short Term, High Low, One Touch and Boundary where the profit percentages are even higher. Tradorax has over 100 assets to choice from with 4 different categories, Currency pairs, Commodities, Indices and Stocks. The layout is clean and self-explanatory so it’s extremely user-friendly on your PC as well as Mobile and Tablets. The Platform has a pleasingly fast execution.
Tradorax offers you ‘Rollover’, ‘Buy Me Out’ and also may give you a rebate of a percentage of your investment with various assets so your losses are minimized, these are specified before an execution order is completed. A nice touch I think! A full years Data can also be obtained equipped with Candlestick Charts besides the usual Indicators and the Platform also provides an Economic Calendar which is vital when Trading in Binary Options. There are some nice Platforms in the Market but this one does have an extra professional feel about it.
Tradorax Review – Depositing and Withdrawing
Minimum Deposit to open an account is 250 USD, EUR, GBP or the local equivalent. This can be made with various Credit Cards, Wire/Bank Transfer and CashU, likewise with Withdrawals but initially, these have to be made back to the source of the Deposit and up to that amount. Any further Withdrawals will be paid into an account of the holder. Once a Withdrawal is submitted it might take up to 5 business days to process the request but it may take up to 10 days for it to show up in your account so don’t be alarmed. I have found them extremely efficient and had no problems with their procedures.
Tradorax Review – Account Packages
There are 4 account classifications offered to you depending on your budget, Mini, Silver, Gold and VIP. You will receive various benefits with each account which can range from extra Lessons, a higher percentage payout on your investments and even a personal Broker.
Tradorax Review – Education
Tradorax have really made an effort with their Education Center, there is an extensive library of Videos for Beginners and Advanced alike. There is an introduction course to get you started and from there tips on Risks and how your emotions can affect your Trading. For the more advanced there is Market Analysis, Passive, and Aggressive Trading advice, how to use a Trending Market and several videos on Candles Stick Patterns which are especially useful to spot a good Trading opportunity. I was extremely impressed with the efforts they have made to pass on crucial knowledge to their clients and they start this with 1 Free hour of Training.
Tradorax Review – Support
There will be moments in Trading with Binary Options that support is needed, even if you are an experienced Trader. Fortunately, Tradorax have made themselves available 24 hours a day, 6 days a week. You can contact them on the Telephone with several national rate numbers, through Email, on Skype and with Live Chat right there on the Platform. They pride themselves as Number 1 in Customer Service and are always on hand to deal with any of your issues with support in four different Languages. I’d have to say Customer Service is a priority for this Broker, they know that keeping the Traders happy is the best recipe for long-term success.
Tradorax Review – Conclusion
We have been impressed with this Broker, they do put the client first as I mentioned above and do what they can to help you become a proficient Trader. They are swift with their response for support, there is no point in having a 24-hour support team if you have to wait for ever to hear back from them. We found their cutting edge Platform very easy to use, there is no spread or leverage to worry about and I like the percentage rebate on a losing investment, it’s a commendable feature that you do see too much in this industry. The Education they supply is second to none and leaves you with more confidence as you step into the world of Financial Trading.
We looked for complaints with Tradorax and there were a few, pretty much all, in fact, were concerning Withdrawals, but after investigation, we found these complaints were due to Traders trying to Withdraw funds from their account before they had reached the Trading volume required after accepting a Bonus. After looking through their Website, Tradorax are completely transparent with all their rules regarding Bonuses so it is the Traders responsibility to read the Terms and conditions before accepting any Bonuses. Tradorax do offer very high Bonuses but this will need high volumes of Trading to be able to Withdraw those funds, but this is great for people that intend to Trade for long periods without Withdrawing money, it does give you a powerful tool to have more funds to Trade with but do be aware of the rules. So in fact, it was not Tradorax behaving in an unscrupulous manner and the complaints had no grounds. You can feel safe that you should have no problems with Tradorax.
We are a little short for choice for Binary Options Brokers that are accepting US Traders due to the CFTC Regulations so it’s fortunate to find one like Tradorax that possesses the qualities we look for in a good Broker. Again, this was the reason we placed them on our Website, we recommend them highly!
If you have any questions, comments or anything you would like to share concerning your experiences with Tradorax please let us know below or, you can contact us at [email protected]