10Trade are one of the newest binary options brokers, having fully launched to its clients in 2014. It emerged as one of the front-runners among the most recent binary options brokers through its launch by Holiway Investments Inc which is comprised of a team of market professionals offering high-quality binary options trading services. Operating using the SpotOption trading platform, it claims to be one of the leading providers of binary options with an impressive list of over 150 assets available to trade. This currently includes a total of 80 individual stocks and 25 currency markets, as well as commodities, pairs and indices.
What do 10Trade offer?
Alongside an impressive range of underlying assets to trade, 10Trade has established itself as one of the most reliable new brokers through its regulation with CySec. As one of the foremost concerns of all binary options traders, one of the principal benefits of using 10Trade is the reassurance that they are fully regulated and can ensure the safety of individual trading accounts.
In addition to its commitment to regulation and client-safety, 10Trade also provide an insurance rate of up to 10% on binary options which close out of the money. This is only currently by a handful of other binary options brokers and demonstrates the company’s longer-term commitment to its clients. With a pay-out rate often over 80% for many currency pairs, the return of a percentage of the investment on losing positions can make a huge difference to trading success over time.
10Trade provide several of the most popular forms of binary options to its clients. As well as regular binary options, it also provides One Touch, sixty second trading, ladder and pairs trading. In case of One Touch, payments can be as high as 500% returns, whilst sixty second options allow binary options traders to make profits of typically over 70% on their initial investment in just a single minute.
The emergence of Ladder and Pairs trading as popular, and highly profitable, binary options has been embraced by many newer brokers, including 10Trade. Additional features within several binary options markets also include the popular ‘Rollover’ and ‘double-up’ features. For those looking for longer-term investments, 10Trade also provide binary options markets with expiry times of up to 7 days.
10Trade trading platform
The 10Trade trading platform is powered by SpotOption which makes it one of the most dynamic and straightforward available. For those wanting to get a feel for the platform before committing to signing-up, several markets can be viewed through the home page, including the different variations of binary options available for each.
The platform is 100% web-based, which means no downloading of any software and access to the trading platform and individual account can be made directly through the home page login. Once logged-in, the interface is clean and logical, allowing traders to switch rapidly though the extensive range of assets and types of binary options available very quickly. Information to the platform is supplied by Thomson Reuters which ensures both accurate and up-to-date information. For any issues that arise, the platform offers several options of live support, including a live chat function, and local telephone support in over 30 global locations.
Payments and funding
10Trade offer a very generous 100% bonus for new members on their first deposit and they offer a number of options to fund a trading account. As with all of the popular binary options brokers, 10Trade provide for all major credit and debit cards as well as the traditional bank transfer. They also offer a Webmoney and CashU funding options to add even greater flexibility to the options available to their clients.
The minimum deposit amount with a 10Trade account is a reasonable $200 and the maximum amount is up to $10,000 using a credit or debit card which is unlimited when using bank transfer as the method of funding. Importantly, the minimum withdrawal method is also a very reasonable $30 for cards ($100 for bank transfers), with one free wire transfer allowed each month. Transfers exceeding this, or card transfers, include a fee of $30.
Support and customer service
Built on an exceptional reputation for customer service, the provision of multi-lingual, local offices in over 30 countries really makes 10Trade stand out from the crowd. Live chat, telephone and email support are all available with fast response times and helpful customer service staff. If looking after clients is the benchmark for an excellent binary options service then 10Trade certainly meet this as a new and dynamic binary options broker.