This broker is closed. Select one of respected brokers instead.
Despite being a new and fresh broker and operating only since 2013, CherryTrade is listed as one of the top three leading binary brokers on financial market. They have been proclaimed as the best US broker in 2014 year. We want to note that from September 2015 CherryTrade stops providing its service with US traders. No wonder here, as the core team of the company consists of experts in various fields from finance to law, from professional Forex traders to risk managers. Writing CherryTrade Robot review we can say that they provide their customers with real time data streams from Reuters which enhances trading experience and trustworthy of the company.
Starting with CherryTrade Robot
At CherryTrade, everything is about simplicity for the client. The trading process is made easy and understandable, mainly due to binary options. The interface matters a lot to the customer, and at CherryTrade, it is intuitive, fast, and friendly. Even those individuals with no previous trading experience can become successful traders with CherryTrade. In any case, there is a significant base of learning materials, such as lessons, courses, webinars, and an eBook. The topics include the following: market analysis, financial management, trading psychology, risk management, and trading strategies.
CherryTrade Trading Features
For those who wish to start trading, but are looking for a broker which does not require any software to install, CherryTrade will be a good choice. There are, however, mobile apps which can be downloaded at the App Store or Google Play. Everyone can start a Basic, Professional, Expert, VIP account, and there is a special option of opening a Corporate account for groups of people. Welcome bonuses are available but traders can discuss bonus amount with their account manager when they made initial deposit. The minimum deposit starts at $200 for new accounts, and the funds can be deposited via credit or debit cards and Wire Transfer . The minimum withdrawal amount is $100 or €100, depending on the selected currency.
Trading at CherryTrade
Binary Options is the main trading option at CherryTrade. Choosing it allows to earn up to 81% in 15 minutes. The One Touch feature allows making up to 500%, and there is also the 60 Seconds, Long Term, Pair Options and Ladder options features which can be profitable. It is worth mentioning that the maximum investment is $5,000, and the maximum payout can reach $1,500. CherryTrade Robot account presents a variety of assets for trading: shares of global companies and corporations (Google, Apple, or even Gazprom), currencies (including USD, EUR, JPY, and even Bitcoin), commodities and indices.
Support & Education
CherryTrade Robot review claims to be customer oriented with emphasis put on their clients’ trading experience. Indeed, it looks like they truly care about the users. The website states that the Customer and Technical Support is available only 6 days a week, Sunday till Friday, and only 9 A.M. to 9 P.M. GMT. It refers to the live support, but anyone can seek their assistance via the contact form or email given on the Terms & Conditions page. Apart from the support, the broker has also financial experts who are available through phone calls for free. They provide phone numbers for people worldwide: Europe, Asia, Africa, and Oceania. We have tested their online chat and we are very satisfied with their prompt answers and extremely professional approach with their clients.
Great Education Database
In CherryTrade Robot review we have noticed that CherryTrade cares for their clients and provide them with a wide database of trading instructions. They have a simple concept which is acceptable for traders without trading experience. Features they provide are ebooks which cover full glossary and terminology of binary trading. Trader can also find a big number of educational videos and tutorials where traders can enhance their trading skills and become more confident.
If you are looking for a trusted broker with whom you are willing to start trading, and especially of binary options, then you should check out CherryTrade review. It has proved to be trusted, client-oriented, simple, and fast. What’s best, the profits due to payout rates can be really promising.