Unlimited Welcome Bonus
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|Headquarters||Suite O0038, 35 Victoria Road, Darlington, Durham DL1 5SF, UK.|
|Support Number||+44 20 3150 0446|
|Support Types||Live Chat , e-Mail Form , Phone , e-Mail|
|Languages||English , German , Russian|
|Minimum 1st Deposit||$250|
|Minimum Trade Amount||$25|
|Maximum Trade Amount||$1,000|
|Bonus||Unlimited Welcome Bonus|
|Free Demo Account|
|Account Types||Mini , Silver , Gold , VIP , Saving Account , Self Managed Account|
|Deposit Methods||VISA , VISA Electron , MasterCard , Maestro , Diners , Bank Wire , CashU|
|Withdrawal Methods||VISA , VISA Electron , MasterCard , Maestro , Diners , Bank Wire|
|Trading Methods||Browser , Mobile|
|Number of Assets||122|
|Expiry Times||60 Sec , 2 Min , 15 Min , 30 Min , 1 Hr , End of Day , End of Week|
|Types of Assets||Stocks , Forex , Commodities , Indices|
|Option Types||High/Low , One Touch , Boundary , Short Term|
|Trading Currency||EUR , USD , GBP , JPY , RUB|
|Account Currency||EUR , USD , GBP , JPY , RUB|
|US Traders Allowed|
- Fast Deposits & Withdrawals
- Rapid Customer Support
- Rich # of Assets
- User-Friendly Trading Site & Trading Platform
- Not Regulated
- No Demo Account
Tradorax offers complicated yet efficient binary options trading services. We have tested a number of factors in their TechFinancials based platform in our tradorax review, and we noticed how they all worked wonderfully. Tradorax has a really user-friendly website with rich information, and in case more information is needed, the support will always be there. Tradorax possesses a staff team with a stable financial background which makes them ideal to offer services to their international customer base. Tradorax accepts customers from the US as well.
Tradorax comes with four different accounts which the customers can choose from. As the deposit increases, a number of loyalty programs surprise you with extra features. What’s more important here, is that all the funds deposited are fully in control of the trader and can be used for trading whenever required. The trader will never be prompted to pay for the additional features, regardless of which broker it is. We have used the Silver Account for our Tradorax review.
Tradorax Mini Account
Here are some of the aspects of a Tradorax Mini Account:
- A minimum deposit of $250.
- A personal broker who can be contacted once a week.
- Trading lessons of ‘beginner’ level.
Tradorax Silver Account
Here are some of the aspects of a Tradorax Silver Account
- A minimum deposit of $2,000
- A personal broker who can be contacted twice a week.
- An extra 2 percentage points returns on trades.
- Cashback of 0.5%.
- Trading lessons of ‘beginner’ and ‘intermediate’ levels.
Tradorax Gold Account
Here are some of the aspects of a Tradorax Gold Account
- A personal broker who can be contacted thrice a week.
- Cashback of 1%.
- One risk-free trade per month.
- Trading lessons of ‘beginner’ and ‘intermediate’ level.
- An extra 3% points return on trades.
Tradorax VIP Account
Here are some of the aspects of a Tradorax VIP Account:
- A minimum deposit of $5,000.
- A personal broker who can be contacted four times a week.
- An extra 4 percentage points returns on trades.
- Cashback of 2%.
- Exclusive access to all the lessons.
- 2 risk-free trades per month.
Apart from the above features, Tradorax offers its customers with exciting bonuses as a part of special promotions that could go as high as 200%. Moreover, 5 risk-free trades are also offered in a different promotion. However, it is important that you properly understand the terms and conditions of every promotion. The bonus rules set by Tradorax are pretty user-friendly – One requires a turnover of 30x in order to redeem the profits or bonus made using bonus funds. Besides, Tradorax offers special VIP signals which greatly enhance the chances of making a profit.
Tradorax vs TradeThunder Review
Tradorax Trading Software and Assets
A TechFinancials related platform is used by Tradorax for trading binary options. This platform of theirs is completely web-based. Whenever it is about a web-based platform, a number of traders tend to think about a plugin such as a window within the website. However, they will experience something else with TechFinancials. It gives the user a complete window of a trading platform which is professionally built, at the same time easier to use.
All the critical required information is available at one spot for Tradorax traders to use. The mini-graph menu offers the technical analysis panel. The bottom of the page offers a tool to do event trading as it consists of the economic calendar. Traders can either review their portfolio or take a glance at their past trades using tabs available at the bottom half of the page. The binary options available can be used with the help of tools on the left side of the page, and at the top part of the left pane gives traders the list of all the binary options available.
Regardless of how much experience the trader has, the academy section will not fail to be of help. There are a number of videos that offer basic knowledge. And then there are more videos that offer advanced levels of knowledge. Besides, a complete trading guide is also offered by Tradorax. If you are a holder of the VIP account, you will gain an exclusive access to the VIP section and receive all the additional premium features.
Tradorax Support and Services
The Tradorax support team will be there to help you 24 hours a day, six days a week. The primary way of communication would be by emailing, but the live chat option is also available. We used the live-chat function for our Tradorax review, and we have to say it was very nicely integrated to the website and you wouldn’t have to visit a different window just to ask a certain question. We were given answers to our questions promptly and quickly by the help desk agent, but only after he tried to direct us to our account manager. However, we had no account manager at that point in time since we were not sure which account to go for. Tradorax broker possesses a number of international phone numbers too.
Tradorax Banking and Company
Tradorax accepts a minimum deposit of $250. This price is pretty competitive as it is a meanwhile standard in the industry of binary options. As has been mentioned above, the number of features Tradorax offers are sensational so naturally, traders will be sure to deposit a greater amount themselves to experience these awe-inspiring features. Besides, Tradorax offers a number of payment options so depositing is never going to be an issue.
Once a free account is created, Tradorax gives you a user-friendly deposit interface which is a section of the banking tab. Traders could add two different credit cards at a time and also go to a wide range of other deposit methods. Following are the supported methods:
Bank Wire Transfer: directly from the bank account.
Credit/Debit Cards: MasterCard, VISA, JCB, Diners, Maestro.
e-Wallets: CashU, Yandex Money, WebMoney, UnionPay, Qiwi Visa Wallet, AlertPay, abaqoos, moneta.ru, KontoePlatby, Euteller, eCard, AstroPayBaloto, InstantBank, iDeal, Neosurf, Bancontact Mister Cash, Lobanet, Paysafe card, Poli, PayU, PlusPay, TrustPay, TicketSurf and SafetyPay.
Tradorax prompts the customers to provide an ID verification before withdrawals. Therefore, the customers will need to send a few documents before their first withdrawal. Afterward, a withdrawal requires 3 – 5 days to process. Through wire, the minimum withdrawal amount is $500. We believe this is a tad bit high as this is the only option to withdraw profits in binary options because the brokers cannot use credit cards. Besides, one cannot withdraw more than he deposited, as per the anti-money laundering laws. The minimum withdrawal for debit cards and credit cards is $100 and we believe this is a bit high.
“Alpha Capital House LTD, 1A Arcade House, Temple Fortune, London, NW11 7 TL” is the company responsible for Tradorax broker.