TR Binary Options, formerly known as TradeRush, operates under a company called Cheshire Capital Ltd that is based in UK. TR Binary Options starts its operation in the binary options market in 2011. It supports 7 types of currencies, which you can select when you register for a new trading account.
TR Binary Options accepts traders from around the world except USA.
TRBinary Options Platform Review
TR Binary Options offers the SpotOption platform which feature the Spot Follow feature. By using the Spot Follow feature, you can copy the trading techniques of other traders. There are several types of options including standard binary options, pairs, long term 60 seconds, one touch, ladder an FX/CFD. They offer more than 42 types of assets including 23 currency pairs, 3 commodities, 4 indices, and 12 stocks. The Call and Put buttons are large and visible on the platform.
The average payout percentage is stated clearly on the platform. The minimum investment amount is $5 while the maximum investment amount is $2,500. You can expect a ROI of up to 81% if you choose to place a trade on the standard call/put options.
Types of Trading Accounts
TR Binary Options offers 5 types of accounts including Mini, Starter, Silver, Gold and Platinum. Mini account only has a minimum deposit requirement of $500 and it also offer a 25% welcome bonus. Starter account’s minimum deposit is $1000 and the welcome bonus is 30%. Those who have signed up for Starter account will get access to educational materials such as webinars, educational videos, and digital online ebook.
Silver account is the recommended account package for traders who want to invest $5000 or more. With a Silver account, you can enjoy up to 50% of welcome bonus and 1 risk free trade.
Gold account requires a you to deposit at least $10,000 into your account. If you have a Gold account, you are qualified to receive a 75% bonus, 2 academy sessions, 3 risk free trades and 1 guaranteed profit trade. You will have access to the signals webinar, personal account manager and email market reviews.
Platinum account, the highest account level, has a $25,000 minimum deposit requirement and rewards members with 100% welcome bonus. Platinum account customers will get up to 5 risk free trades and 3 guaranteed profit trades. You can contact a broker via Skype, email and telephone whenever you have any question on about the binary options trading. On top of that, you will also get weekly signals and your withdrawal requests will be approved in the same day.
TR Binary Options Demo Account
TR Binary Options offers a 48 hours demo trading account that can be activated via an exclusive code. It is completely free to access the demo account as you don’t have to deposit any fund to start using it.
Deposits/Withdrawals
Customers can deposit or withdraw via a variety of methods including credit card, CashU, and bank wire. The minimum amount you can deposit into your account is $200 in your local currency. The maximum amount you can deposit into your account is $20,000 via credit card. For Neteller, the maximum amount you can deposit is $10,000. There is no limit as to how much you can deposit into your account if you deposit by bank wire.
The minimum withdrawal amount vary depending on the withdrawal method you choose. For example, you can withdraw when you have reach USD $10 balance in your account if you want to withdraw via credit card or Neteller. The minimum withdrawal amount via bank wire is USD $100 in your account balance. It is completely free to withdraw via credit cards but bank wire withdrawal will be charged with a one time $30 processing fee. When you want to withdraw funds from your account, you must send the request to the accounting department via email. Alternatively, you can fill in and submit the withdrawal request form to withdraw the funds.
Customer Support
You can reach the customer support of TR Binary Options via email, telephone, and live chat. TR Binary Options’ customer support department is available for 24 hours and 7 days per week. Customers based in North American can save money by using the toll free telephone number to contact them. They also offer telephone support for 23 countries and you should be able to find the list of telephone number on the contact page.
Conclusion
In conclusion, TR Binary Options is a reliable broker with low minimum deposit amount. They offer very good return and a large variety of binary options. It is suitable for new traders who just want to make a small investment in binary trading.
