Tradorax is a great binary options broker with a good payout structure.
- Minimum Deposit: $250
- Average Payout: 85%
- Broker is a Great Reputation
Top Rated Broker
- Web site
- Online since
- – Great Promotions
- – Professional Support
- – Good Reputation in the Industry
- – No US Traders
- – No Demo Accounts
Tradorax was founded in 2013 and their main office is based in London, UK. However, in order to satisfy the needs of their constantly growing base of customers, they offer their services in a variety of languages. Tradorax is surely one of the most credible companies in the binary option market and they should definitely be considered when choosing a broker.
The broker excels with a great multilingual 24/5 customer support department which can be contacted via live chat, phone or email. In addition, tradorax has earned the respect of their customers by offering an amazing variety of assets and features, convenient bonuses and personalized strategies, and last but not least – a state-of-the-art user friendly trading platform powered by the renowned TechFinancials group.
With Tradorax you can sign up and start trading in less than 2 minutes. The services they provide are entirely web-based and do not require software downloads. If your main device is a tablet or a smartphone, you can also check out the broker’s Android app which makes trading on the go fun and easy.
When it comes to choosing your binary broker you should take into consideration the platform they provide. Luckily, one of the reasons tradorax have established themselves as market leaders is precisely by offering the powerful TechFinancials platform. Its simple interface, in combination with a wide array of functionalities and heavy security makes it a valuable resource for everyone interested in trading. It should be noted that in order to meet the demands of as much traders as possible, tradorax offers the platform in 22 languages, making it available globally.
But let’s talk business. What does Tradorax offer? What features exactly can you expect from the platform?
First of all, we should outline the basics. With tradorax you can trade on more than 150 assets divided into four categories – currency pairs, commodities, stocks and indices. Customers are able to fully experience the thrill of the binary option trading by taking advantage of one of the four instruments provided by the platform: High/Low, One Touch, Boundary and the most popular recently tool – Short Term. Short Term gives you the opportunity to decide when you would like your trade to expire. The 60-second expiry time is really convenient for customers who prefer fast and casual trading, while for those who describe themselves as marathon runners, tradorax offers a lot longer expiry times, reaching up to 3 and even 6 months, so you can take as much time as you want in order to thoroughly research the market and make up your mind.
Some of the special features that the broker provides are designed in such a way to diversify the trader’s experience as much as possible:
- Roll Over
- Buy Me Out
- Risk-Free Trade
- Insured Trade
Tradorax Trading Accounts
In order to meet the needs of the most demanding customers, tradorax offers 6 different account types. In this way traders could choose the account that suits them the best in accordance with their financial affordability.
From the most basic to a full-feature, they are as following: “Mini”, “Silver”, “Gold” and “VIP”. For traders with special requirements the broker offers custom tailored account types such as “Saving Account” and “Self-Managed Account”. These two are available after enquiry with the company’s agents.
Deposit and Withdrawals
Tradorax offers an 85% return on investment which is among the best in the industry. The minimum deposit is 250 USD/EUR/GBP while the minimum trade amount is 25 USD/EUR/GBP.
Withdrawal requests are processed in accordance with the company’s terms which are identical to the other brokers in the industry, and usually take 5-10 business days. In order to prevent potential money laundering issues, it must be noted that traders should provide a basic array of documents.
Is Tradorax a scam?
To conclude, tradorax is one of the most reliable brokers out there and should definitely be taken into account and Tradorax is not a scam. A high return on investment, an attractive and convenient platform, lots of features and an excellent customer support are just few of the reasons why tradorax is regarded so highly among the professionals in the binary option field.
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Broker Vs Robot
Their junior brokers will try to get you to register with a robot, poor business as far as I can see. Once I let them know I'm serious and put down $2000 USD, they assigned me with a broker and I made profits in no time!
Sending the documents is tiring, but the withdraw went soothly and I got every single cent I wanted to withdraw
Tradaorax Excellent Platform
I signed up with Tradorax a few weeks ago after reading the reviews and going through the website. As luck would have it, for me, I found the right platform, because I got a very good start in terms of making profits. Not only that, since I chose a Silver account, In addition I received free lessons and a service of personal broker a several of times a week. To my surprise, I was awarded a bonus of $1,000 as well. The whole package worked out really well for me as I managed to double my initial investment in just a month and a half.