CherryTrade – With a Cherry on Top
CherryTrade is on our featured brokers list due to their outstanding customer service and support, that coupled with the fact that they have so far lived up to their claim of distinguishing themselves among brokers by placing the emphasis on you and your trading experience. They have support available 24/7 through either live chat, email or phone with varying numbers for different countries.
Their platform is bold and edgy yet simple enough to use and is very responsive in terms of speed when placing your trades, and you can choose between four different screen layouts to suit your trading style. Additionally CherryTrade’s trading platform is fully web-based so you are free from any downloads plus you can use it on the go as it is mobile friendly as well, being compatible with iOS and Android. They also offer a generous amount of assets for you to trade, from stocks and commodities to currencies and indices.
Let’s take a look at some of their features…..
- Options: Classic, Ladder, 60 seconds, One Touch, IFollow and Long Term
- Free alerts on breaking trades
- Pay-outs ranging from 81% up to 1,500%
- Free access to CherryTrade’s enormous educational resources and training
- Varying account types from basic up to corporate
- Minimum trade amount $5
- Welcome Bonus
CherryTrade have their own mini academy with enormous amounts of educational materials for all their traders. They provide all their new traders with a free binary options eBook that contains helpful information for beginners starting out with trading binary options. They also have an amazing video library with plenty of educational videos to choose from including exclusive video courses and tutorials which will teach you anything from trading techniques to money management tips and tricks. CherryTrade’s educational section has something for everyone from advanced traders to beginners.
This broker accepts a minimum deposit of $200 which is reasonable especially if you’re serious about trading binary options, which you should be, and most probably one of the best features is that you can place a trade with a minimum amount of $5, this is an especially helpful feature for both beginners and advanced traders, for beginners it can help you to feel a lot more confident when placing your first few trades so as you don’t lose too much too soon and advanced traders can test out different strategies or trading techniques before using their usual investment amount.
CherryTrade.com has invested in acquiring some of the highest security protocols available on the internet so you can rest assured that your private and banking details are safe. They also offer various methods for deposits and withdrawals such as the eWallet option, CashU, Wire Transfer, Maestro or Credit Card. When using your credit card you also get free unlimited withdrawals and you may choose one of the following options for your account denomination: AUD, CAD, GBP, EUR and USD. *Important Note: Cherry-Trade does not accept US citizens.
This binary options broker caught everyone’s eye when they came out in late 2013,
and even though they are relatively new to the industry they have already secured themselves a position as a firm favorite among thousands of happy and successful traders. Another important point to mention is that Cherry Trade is endorsed by other leading binary options websites as well such as FXempire, Investing.com and BinaryOptionsWatchDog to name a few. They seem to have built a reliable and friendly reputation that has stuck around which is just another reason The Binary Advisory decided to feature them as an approved and friendly binary options broker.
All in all when it comes to Cherry Trade, you really do get the “cherry on top of the cake” because they offer you so many amazing features, are super friendly and are known for the best customer service, which happens to be quite a rare but very much wanted combination in this industry.