Tradorax Review

Tradorax
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Overview

Welcome to our Full Tradorax Review – About: Tradorax is owned and operated by Alpha Capital House Ltd in London by an experienced group of professional Brokers who are experts… more

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Details

Broker Tradorax
Website URL http://tinyurl.com/TradoraxHome
Support Types Telephone , Email , Live Chat
Trading Platform TechFinancial
Minimum Deposit $250
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 No
Fees Yes
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 Yes
Mobile Trading Yes
Tablet Trading Yes
Overall Score 92

Pros

  • Available for US Traders, High Tech Platform

Cons

  • Not Regulated but very Trustworthy

Full Review

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Welcome to our Full Tradorax Review

– About:

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.

Special Features 

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 platform

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 cards

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 accounts

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 education

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]

Don’t forget about our Special Cash Back Offer!

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11 Responses to “Tradorax Review”

  1. Samuel Clark says:

    So I made an account with Tradorax last year and my experience so far has been excellent. I prefer trading on company stocks and they have this economic calendar that helps me research the markets thoroughly before making a trade. It’s good if you want to keep track of your preferred company

  2. Eliott Gray says:

    My experience with Tradorax so far has been really good. I talk regularly on the phone with my account manager who is helping me with some strategies. I started as a newbie but with their help I managed to get to the level where I am able to make a few thousand per month. If you are asking me for my Tradorax review, I can tell you that I made the right choice.

  3. Aaron Cole says:

    I will definitely recommend this platform to beginners. When I started trading with tradorax 6 months ago, I did not have the skills I have to day thanks to my tradorax broker and their educational program. Very user friendly and I like their lie chat you can open while trading.

  4. Judy Milton says:

    I have been trading with Tradorax for over 6 months and I am very happy. I have my broker who is available for me. I also like their 60 seconds trading option and their education center,

  5. Jacky Wilson says:

    I have been trading for a long time before I came across Tradorax. I used to have troubles making ends meet and very little free time and Tradorax were the answer to my problems in the form of $1700 per month. That is why I would recommend them.

  6. Natalie Brooks says:

    Tradorax are the first brokers I’ve been trading with, so I have nothing to compare to (a friend recommended me of them), but I think they are good because I heard a lot of stories about brokers not answering the phone and stuff like that and I haven’t encountered that fortunately.

  7. Marla Hall says:

    I would recommend Tradorax, but only if you’re got a knack for tech.

    They will ask you to verify your account by sending a lot of documents, which was difficult for me. I was able to to it eventually, but they really had to help me out. Luckily, their customer service team was more than happy to assist me, and today I’m waiting for my first withdraw to come in

    1. Michael J says:

      I’m glad you got it sorted out ok Marla. It’s normal to send in a few documents to verify your identity and address. Scanning the necessary documents could be tricky for some but it’s easy when you know a few simple steps. Their support team are extremely helpful and would help anyone with the same problem.
      If anyone else has any issues with these signing up steps, please feel free to email us at [email protected] and we’ll happily give you assistance.
      Happy Trading Marla!

  8. I think Tradorax have a very user friendly platform. i also like trading with my broker (Johnny) he thought me a lot of trading methods and strategies that gave me a real advantage in binary options trading. One of the best things I learnt is to use the 60 seconds trade smartly. I made a lot from it.

  9. Josh Kerns says:

    “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 absolutely right, they always put their clients first

  10. Andrew Wilson says:

    Listen guys, brokers would try to fill you up with webinars, bonuses and big promises of making you a millionaire. At the end of the day, most of the time, with my experience, it’s all a show, and I’ve had it with companies that don’t let you take out the money you deserve. My tradorax broker did not promise the world to me, but at least I’m capable of withdrawing my money at the end of every month

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