TR Binary Options Review
100% Welcome Bonus
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|Broker||TR Binary Options|
|Headquarters||Agias Fylaxeos & Zinonos Rossidi 2, 1st Floor. P.C. 3082, Limassol, Cyprus|
|Support Types||Live Chat , Email , Phone|
|Languages||English , Spanish , French , German , Russian , Japanese , Portuguese|
|Minimum 1st Deposit||$200|
|Minimum Trade Amount||$10|
|Maximum Trade Amount||$10,000|
|Bonus||100% Welcome Bonus|
|Free Demo Account|
|Regulation||Cyprus Securities Commission (CySec)|
|Account Types||Mini , Standard , Executive , Gold , Platinum|
|Deposit Methods||VISA , MasterCard , AMEX , Bank Wire , Skrill Moneybookers , Diners Club , JCB , Maestro , Cartebleue , Discover Card , Liberty Reserve|
|Withdrawal Methods||VISA , MasterCard , AMEX , Bank Wire , Skrill Moneybookers|
|Trading Methods||Browser , Mobile|
|Number of Assets||121|
|Expiry Times||60 sec , 15 min , 30 min , 1 hr , 24 hr+|
|Types of Assets||Currencies , Stocks , Indices , Commodities|
|Option Types||High / Low , One Touch , Option Builder , Meta Charts|
|Trading Currency||USD , AUD , CAD , EUR , GBP|
|Account Currency||USD , AUD , CAD , EUR , GBP|
|US Traders Allowed|
- Highly intuitive trading platform
- Diverse asset index with fast trade executions
- Good customer support
- 100% Welcome Bonus with 81% Payout
- 4 Different types of trading accounts
- Mobile trading available
- Minimum trade deposit of $200
- No Demo account available
- People from US are not permitted to trade
TR Binary Options is one of the most sought after broker offering its service in the binary options market since 2010; although it went online in the year 2011. With more than 5 years of experience, it provides state of the art trading features for both novices as well as skilled traders. This brokerage firm belongs to a reputed Group company by the name of “Marble Partners Limited”; the firm which is known for operating other BO brokers like Boss Capital, Magnum Options and Redwood Options.
The headquarters are located in London in the United Kingdom with offices all around the world. Although it is not a regulated broker but one should not consider it to be a downfall of this brokerage firm. It is a very committed merchant known for its quality service, the state of the art trading platform and exhaustive education centre. It has applied for the licence from the European Union and it is likely that the broker will get regulated in the coming time. The broker has a high touch of simplicity that attracts new customers who have no prior experience in binary options trading. At present; TR Binary Options is not accepting traders from the US.
TR Binary Options has been listed in several review sites for being a charismatic binary options broker with a wider customer base as compared to other merchants. Its primary trading platform is TR Binary Options which is 100% web-based and does not require any kind of software download to access it. The platform is known for its different trade expiry times ranging from 60 seconds to 6 months which gives customers the much-needed flexibility and versatility while trading. The website is clean with smart navigation options and great user-friendly interface. Professional design and website outlook is one of the strengths of this broker.
TR Binary Options operates in 8 different languages apart from English like for instance French, German, Italian etc. It has an exhaustive list of different financial instruments like commodities, stocks, Forex pairs etc. It offers “100% Welcome Bonus” and payout as high as 81 percent. It is a perfectly legitimate merchant and if you are looking for a broker with a fast learning curve, excellent customer service and user-friendly interface, then TR Binary Options is the broker that complies with all your trading needs.
TR Binary Options Assets: Different Types of Financial Instruments
Although TR Binary Options is a pretty new broker but it seems to be very mature in the way it carries itself in the financial market. In a very small span of time, it has accumulated a vast number of financial instruments under its stride and offers a comprehensive asset index to its customer concerned. As of now the merchant offers 84 different types of assets across categories like commodities, indices, stocks etc whose details are mentioned under the following heading:
- Trade Instruments: Some of the examples include Exxon Mobil, Coca Cola, SberBank, Lukoil, Google, Nike, Apple, Citi, Dell, IBM, LinkedIn, Barclays, Goldman Sachs, Caterpillar, McDonalds, Fiat, Netflix, MasterCard, Amazon, Tata Motors, Reuters, Rolls Royce, HSBC Holdings etc.
- Currency Pairs: You can use the following currency pairs while placing trade with the TradeRush Assets: EUR/USD, GBP/USD, EUR/SEK, GBP/CAD, NZD/JPY, USD/JPY, USD/CAD, EUR/JPY, EUR/GBP, USD/TRY, USD/BRL, USD/RUB, USD/CHF, AUD/USD, USD/SGD, USD/ZAR, CAD/JPY etc.
Very few merchants in the binary options market are able to provide such a large number of assets to trade with. The interesting thing about trading in these financial instruments is that you will find a good mix of assets varying from Asia to the USA and even Arabic. Hence, the broker is able to serve you well no matter from where you come around. There is zero commission and the merchant allows you to trade in one of the world’s best-known commodities including silver, gold and oil. With so many assets, traders are able to get the flexibility they require and emerge as a winner in the longer format of the game as compared to their peer competitors.
TR Binary Options Trading Platform: Simple yet Sophisticated
The trading platform of TR Binary Options is based on SpotOption trading software technology; which is considered to be a leader in industry. It is very popular amongst traders because of its reliability and lag free nature. The execution time is pretty fast and the website is clean with nice navigation features. The quality of trading is very good and newbie customers will have no problems whatsoever while placing trades. The other features include a variety of contract types, trading tools, a wide range of expiry periods, a vast number of underlying assets, advanced charting options etc. Some of the important highlights of TR Binary Options Trading Platform are illustrated under the following headings below:
- Personal Accounts manager for all types of trading accounts
- Extensive education centre with video academy and live webinars
- Detailed charts for accurate and concise trade entries
- Double Up, Roll Over and Close Early Features available
- Platform languages include English, Italian, German and other 8 languages
- OTM refund rates are available between 0 to 15 percent
- Maximum trade size of $500 available for 60 Seconds trading
- Minimum trade size of $5 for 60 Seconds trading available
TR Binary Options Account Types
Anyone who is trying to trade in binary options market looks for a broker who offers different types of account so that they can switch from one to another whenever they feel like. It is to be noted that TR Binary Options offers 4 different types of accounts to its customers concerned thereby keeping the versatility and flexibility alive. The account is divided across 4 levels depending upon the amount of deposit made by the individual concerned.
The trading accounts are Micro Account, Platinum Account, Gold Account and Executive Account. You can choose any one of the above depending upon your trading experience and amount you are looking forward to investing. If you experience any sort of problem at the time of account creation, the customer staff will be able to guide and give the much-needed support so required. The minimum amount required to sign up with TR Binary Options is just $200 while the highest amount is $10,000. No matter what sort of account type you choose to trade with TR Binary Options, you will be joining a reliable merchant which has an outstanding trade platform and another state of the art features.
Is TR Binary Options Regulated?
TR Binary Options regulation is considered to be one of the main drawbacks of this brokerage firms because it is not a regulated broker. It has applied for a licence from the European Union as well as from CySec but its application is under process. But it is hopeful that the merchant will soon come under regulation within a year or so from now. Although it is not regulated, one should not form an impression that it is a con broker who will cause all sorts of money laundering scams and run away with the money of the investors.
Had it been a scam broker, it would not have survived this long in the financial industry. Also, there are no negative feedback or bad comments from customers concerned which arise suspicion about this brokerage firm. In spite of being non-regulated, TR Binary Options offers myriad trading benefits like easy to use trade platform, Welcome Bonus up to 100% on first deposit, attractive promotion plans to earn easy money and other cash prizes with 81 percent payout on investment. It has established a great reputation in the market which has made TR Binary Options one of the sought after brokers in the industry.
TR Binary Options Features: Trading at a Glance
TR Binary Options makes binary options trading simple and profitable with great career benefits. In order to boost returns, the broker offers different types of trading to its customers concerned whose details are discussed under the following headings below:
- 60 Seconds Trade: It is one of the newest forms of trading which is exciting and offers great returns on investment. It offers 81% payout with fastest available expiry times in any kind of market. Only 1 PIP is required in the right direction to become successful. The duration of “60 Seconds” trade is just 1 minute as you can easily understand from its name.
- One Touch Trade: It is one of the fastest ways to make easy money that offers returns up to 500% on investment. It is a little bit challenging in the beginning but one gets used to it in the due course of time. One needs to reach a particular set price designed for an asset to become successful. “One Touch” is ideal for those traders who believe that asset price will exceed a certain value in the future.
- Double Up: If the asset that you have chosen is close to its expiry time and you believe that the predicted direction is on the roll, then you can “do it again” with the help of “Double Up” trading feature. In this way, a new trade is created with same conditions and offers you the benefit to double up the profit and capitalise on a strong position.
- Rollover: It is a very powerful trade strategy that can help you stop losses by allowing you to postpone the binary options expiry time. When you think that your prediction is not going in the right direction, then you can use activate “Rollover” and utilize this strategy to overcome a loss. This feature is available only 10 minutes before the expiry time on a given asset.
TR Binary Options Demo Account
A demo account allows the customer to get firsthand experience of the trading platform of the broker concerned and get acquainted with other features. It is ideal for newbie traders to place as many trades as possible without the risk of losing any money because there is virtual cash involved in it. Having said so, TR Binary Options does not offer any sort of demo account to its traders; both new as well as the existing ones.
But one should not feel crestfallen because the broker offers extensive support on online trading through its highly qualified customer support staff members. The help-desk of TR Binary Options is very professional that handles all sorts of customer queries/questions with utmost zeal and the response time is pretty quick. The trading platform supports 7 different languages apart from English which is a plus point for traders with nonnative English speaking nation. It has a wide customer base which increases the trust in this merchant.
TR Binary Options No Deposit Bonus
Everyone wants to make easy money and with the help of this particular feature offered by this broker, individual traders can get bonus amount starting from $5 without making any kind of deposit. It is easy money that can be used to build capital if you are someone who is in the initial stages of making an investment in binary options market. Also, there is a “100% Welcome Bonus” on first deposit for the new traders and the minimum deposit is $200.
It means that as soon as you sign up with the broker and make an initial deposit of $200, the equivalent amount will be credited to your trading account as bonus money in less than 24 hours. The broker also offers numerous special promotions where attractive rewards like iPhone etc could be won. For this one needs to visit the official website of TR Binary Options at regular intervals of time. One cannot withdraw the bonus money until the account reaches 10 times the bonus amount.
TR Binary Options Minimum Deposit
Only registering and signing up with the broker won’t help in the binary options market. One needs to make a minimum amount of initial deposit before getting started with online trading. TR Binary Options requires its traders to make a minimum amount of $200 at the time of signing up for the Pro Account. If you happen to choose the “Executive Account“, the minimum deposit for that is $10,000. The deposit can be made through credit/debit card, wire transfer or any kind of e-Wallet option.
There are four different types of accounts offered by TR Binary Options and one can choose any one of them suited to their needs and desires. Once you register with the broker and choose an account type, you will be provided with a personal account manager who can offer you a better deal by making an analysis of your account. If you are reluctant to deposit too much money, then you can choose the “Pro Account” that requires just $200 and start your career in binary options trading. There are no hidden charges and other fees that trader will have to incur while making the initial deposit for the first time after sign up. The process of making the deposit is fairly easy and the amount is immediately acknowledged and is reflected in the trading account of the customer.
TR Binary Options Payment Options for Deposits & Withdrawals
The broker offers numerous payment gateways for making TR Binary Options deposits as well as withdrawals. Some of the different payment modes include VISA, MasterCard, American Express, Credit/Debit Card, Neteller, Wire Transfer, Skrill Moneybookers etc. It is to be noted that the payment mode should be same in the case of deposit and withdrawal. Like for instance if you have deposited money using a credit card, then the same payment method should be used for making TR Binary Options withdrawals. One must produce documents like Photo ID, address proof etc as scanned copy for making payment else the request will not be processed.
Withdrawal policy is simple and one can expect the money to arrive in their bank account in less than 5 working days. At any point in time, you can cancel your withdrawal request and the money will be returned to your TR Binary Options trading account immediately. The minimum amount one can withdraw is $30 using a credit card and $100 for bank wire transfer while the maximum withdrawal amount is $20,000 for credit card and unlimited in the case of electronic wire transfer. The first withdrawal is free of cost and there is a fee of $30 for subsequent withdrawals. The maximum deposit amount is $20,000 in the case of credit card and unlimited for wire transfers.
TR Binary Options Mobile: Trade Anytime from Anywhere
The broker offers a unique application that runs on Android as well as iOS based smartphones. Using this app, one can access the trading platform offered by TR Binary Options on their mobile phone. This is an innovative feature that breaks taboo from sitting in front of the computer/laptop as one can place a trade and examine their account even when they are travelling. One just needs to download the mobile application from Android Market or Apple Store and install it on the device. After that, one will need to sign into their trading account like the way they do on their computer.
This is a novel feature that adds flexibility to those customers who don’t have the luxury to sit in front of the computer and are always on the move. Trading on the mobile is as easy as while doing the same on their laptop or personal computer (PC). All one requires is decent internet speed so that they can connect with the market and start placing trades. With quick notification features in your mobile phone, you are never going to miss any trade opportunity and will be able to make the most of it. Start using the “TR Binary Options Mobile App” and become a pro in trading binary options online.
TR Binary Options Customer Service
The overall customer support is truly amazing and traders concerned have a pleasant stay while making a trade in the binary options market. There are qualified staff members who have years of experience in the financial market who are ready to help and offer guidance. One can reach the staff members through alternate delivery channels like live chat, email support and telephone 24/7 across 5 days a week.
All the trade-related issues are resolved in 24 hours and there is a dedicated FAQ section on the website of TR Binary Options where customers can read about the common question related to binary options trading and its answers. Customer service is available in 7 different languages apart from English; hence, it is a blessing for those people for whom English is not the first language. There is a “Personal Account Manager” who is always available to guide you through online trading and solve all the queries pertaining to any aspect of the Binary Options trading.
“TR Binary Options Customer Reviews” are pretty positive and most of them praise about the education centre offered by the broker. In order to become a successful trader, the merchant offers several kinds of education tools. In the TR Binary Options Academy, one can find a large number of e-Books and binary options terminologies and related jargon. There is a video library also available where one can access several instructional guides on the basics of binary options trade and different types of trading tips and techniques. There are live webinars offered by the broker from time to time where they can get in touch with fellow traders and learn from the expert traders in the industry.
Is There Any TR Binary Options Complaints?
People search for the complaints and other negative feedback about this broker but there are hardly any that one would ever come across. This is possible because TR Binary Options offers amazing customer service apart from the state of the art trading features. Customers who have had traded with this merchant have never experienced any kind of problems because even if there were any they were resolved in the next 24-48 hours. Since there are no complaints, it asserts the fact that TR Binary Options is a completely legitimate broker.
If you are having any kind of questions like “Is TR Binary Options a Scam?” then you need to know that the broker is perfectly legit. It is a trustworthy merchant and highly reliable broker that has been constantly ranked as one of the best brokers in the binary options industry. If you ever come across any negative review or comment about TR Binary Options, you should not believe in them and understand that there is little truth involved. The negative feedback on the part of that customer could be the fact that the trade has gone wrong and s/he is blaming the broker for that. So keep your eyes and ears open so that you can filter the lie from the truth.
Is TR Binary Options Legit? Read to Discover More
With so many cases of fraud coming up lately in the binary options market, individual traders are afraid and they are sometimes confused whether to trust a given broker or not. If you are also having such doubts about TR Binary Options, then you should know that there is no way you could be cheated as it is a perfectly reliable and trustworthy broker. It has thousands and thousands of customers all around the world who are trading daily. Had this been a scam agency, it would not be having such wide customer base and the internet will be flooding with negative reviews and commented by individual customers.
As a matter of fact, it is one of the fastest growing brokerage firms that offer a maximum of 81% return on individual investment. The website has a nice reputation but the financial market can get cruel at times and people who face the brunt of the market sometimes allege that TR Binary Options is a scam broker; which is actually not the case. Just because someone has suffered unexpected trading blows does not mean that the broker should be blamed for. There is nothing fishy about this broker and you can go ahead and open a trading account with TR Binary Options and keep all your doubts/fear at bay.
Final Verdict: To Trade or Not to Trade with TR Binary Options
Although TR Binary Options is a fairly new broker in the binary options market that is yet to become a brand, but it does not mean that it is undeserving in nature. As a matter of fact, it is one of the fastest growing brokers that have carved a niche for itself thanks to its reliable trading platform and customer support program.
Since its inception in 2010, it has been rising from strength to strength and is always on the lookout to do something new and innovative. Although the broker may not shine when we compare it with the leading BO brokers in the market but you should know that TR Binary Options is pretty solid at what it does. There are no customer complaints with faster withdrawal policy and amazing education centre.
And let’s not forget about the trading tools offered by the non-downloadable trading platform with fast trade executions and easy navigation features. What TR Binary Options does well, it does it pretty well and where it is average, it strives to improve its performance. What more can we ask for? The broker has implemented every bit of feedback that they have received and have listened to what most of the traders look for in a broker and has adapted itself significantly as per industry norms unfailingly open a trading account with TR Binary Options and you will be pleasantly surprised by all the features offered by this merchant and rediscover the first time joy of when you discovered binary option trading!