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Our main objective at 7 Binary Options is to create a safe and secure trading environment for traders in binary options across the world. This is why we have reviewed the prominent brokers in this industry to help our readers opt for the best. As a result of our effort to shed light on the reliable and genuine brokers in this industry, we are currently rated some of the best sources of binary options information. By offering unbiased information, regarding various brokers, we are striving to build a good relationship between the legitimate and the best binary options brokers in the industry and binary options traders from different parts of the world. This is why we are encouraging traders in binary options to register with our website and receive information on the various brokers they are considering investing with.
In addition to offering education on binary options, binary options trade signals and additional support for the various binary options traders, we have also created a list of the trusted binary options brokers that our readers should consider investing with. We also monitor the brokers we have recommended on our website constantly and remove the ones that register scam activities. 10Trade is one of the trusted brokers in our list and we are going to look at its benefits as well as shortcoming s as a binary options broker in this article. For the entire period we have been investigating this broker, we have not received any complaints on the services offered on its platform from the thousands of users on the platform.
In a bid to improve their relationship with the traders on their platform as well as remain compliant with the local and European Legislation by CySEC and MiFID respectively, the company is continually improving its service delivery. Additionally, 10Trade is striving to resolve any conflict it may be having with the traders on its platform. It is for this same reason that this company has clear and straightforward structures for resolving any complaint by the traders on this binary options trading platform. Some of the ways through which customers at 10Trade can have their problems resolved include filling and submitting a Complaint Form on the broker website or sending an email to firstname.lastname@example.org. Once you have sent the email, you will get an email from the company to notify that they received your complaints and that it will be handle by their customer care representatives in the shortest time possible. In most cases, all the issues submitted to this broker are addressed in less than a day.
10Trade is registered with the regulatory bodies within the EU financial markets. As such, the company accepts binary options traders from the EU. Owing to the high quality services offered on this binary options platform, the company offers a satisfactory guarantee for its customers. Additionally, the company offers a user friendly binary options trading platform that supports almost all PC operating systems as well as mobile devices. A good number of traders prefer 10Trade broker because of the vast list of assets offered on its platform. Additionally, the company is constantly improving its list of products in order to increase trading opportunities for binary options traders on its platform.
The trading opportunities offered by this company do not depend on the amount deposited by the trader, as it is the case with some of the renowned brokers on the market. 10Trade also offers reliable and highly helpful 24/5 customer care support. This allows the traders on this platform to get quick and helpful assistance when they need it. The deposit and withdrawals into and out of the 10Trade is also fast and seamless.
Is 10Trade Broker Regulated?
Although binary options traders do not have to be regulated for them to offer reliable and secure binary options platforms, being regulated assures traders that the broker is compliant with certain financial regulations within that specific region of operation. This way, traders feel safe when depositing theory money with the broker. Now back to the main question, is 10Trade a regulated broker? Yes, 10Trade is regulated by a well renowned regulatory body in the industry, the Cyprus Securities Exchange Commission (CySEC). The platform is operated by a Financial Services Company known as Holiway Investments Ltd. In this regard, the license number for this regulated status is 248/14. As a matter of fact, Holiway Investments Limited was among the first companies in the industry to offer binary options brokers a registered and licensed binary options solution.
For binary options brokers to operate within the highly regulated markets, such as the EU, they have to be duly registered and regulated by a renowned financial regulatory body in this industry. Being regulated is also a good sign that the broker in question is actually legitimate and offers reliable binary trading services. 10Trade is currently regulated and registered by the CySEC. Additionally, it is the mandate of this regulatory body to ensure that the services rendered by this broker are compliant with the preset binary options trading regulations in the market. This body basically inspects the activities of the brokers it has registered, including 10Trade to rule out any scam activities by the broker. This, in turn, creates a safe and secure trading platform for traders in binary options. In addition to being a regulated broker, we have also included it in our list of trusted brokers, which is another sign that the broker is reliable.
The 10Trade broker stands out from the rest of brokers in the industry. This may be attributed to the many benefits and high quality services offered by the company, such as the investment return policy imposed by the company. According to this policy, the company has a small insurance premium on the various assets it has listed on its binary options trading platform. In this regard, the binary options traders on this platform can retain a part of their invested value, on certain assets, even if their speculation is wrong. It is this top-of-the-range risk management risk by the broker that makes the company a top choice for a vast majority of binary options traders across the globe. Additionally, the company offers a very efficient and supportive trading platform for its customers. In this regard, 10Trade offers a practical trading platform that features fast trade executions, outstanding data latency as well as low resource use.
The trading data supplied to the traders on this binary options platform is provided by Thomson Reuters, hence is up-to-date and accurate. This aspect facilitates the ability of10Trade to offer highly credible data to their customers. This data helps the traders make the right investment decisions on the various assets offered on this binary options platform. The user interface used on this platform is also easy to use and simple to understand, even for the beginners in this industry. The fact that this broker is regulated by one of the best financial regulatory bodies in the market is an assurance that its trading platform is safe and secure.
Withdrawing from 10trade Accounts
The sole reason that any trader will get into binary options, regardless of the broker he or she decides to use, is to make profits. As such, it will be useless for you to signup with any broker if the broker will not allow you to withdraw your profits easily and in a fast manner. The 10trade broker understands the joy of traders when they are able to get their money safely and securely from their accounts. As such, the company has integrated one of the safest and seamless banking systems you will come across in the industry. If you are looking for a company that will not give you a hard time when you are trying to withdraw your profits from your account, 10trade should be your preferred choice.
Prior to opting for any binary options broker today, it is important that you go through the terms and conditions imposed by the broker, especially the withdrawal terms and conditions. This is a good number of companies today introduce conditions that are hard to meet before the traders on their platform can withdraw the proceeds from their accounts. So, what makes the withdrawal process at 10trade easy, fast and convenient?
Security of the funds in your 10trade accounts is among the aspects that set the company apart from its competitors in the industry. With 10trade, you do not need to worry about identity theft cases or your money getting lost during the withdrawal process. This is because the banking system used by this company is highly secure and safe. For you to withdraw money from your 10trade account, you will be required to fill a withdrawal form on the broker website, from the control panel. However, you need to know that the withdrawal may only be processed through the money processing method you used to deposit money into your 10trade account. This is mainly done to ensure that the company is compliant with the anti-money laundering laws in the industry. However, if the amount you are withdrawing is larger than what you initially deposited, you will have to withdraw using a different method than the one you used to deposit the funds.
After you have filled the withdrawal form completely, you need to submit it to initiate the withdrawal process. In most cases, the traders get the amount they withdrew from their accounts in les than five days. This is a reasonable period, bearing in mind that some brokers take up to seven days to process and release money to their customers. Before the company allows its traders to make their first withdrawal from their accounts, the traders will be required to verify their accounts. To be verified, you need to submit a copy of your ID, and a copy of your credit card or a utility bill bearing your full name and current address. The verification process at 10Trade typically takes less than 24 hour after you have submitted the required documents.
Is the Broker a Scam?
Currently, there are many brokers in the industry that are out to steal money from the unsuspecting binary options brokers. Such scam brokers have various ways in which they steal money from the traders. For instance, a broker will promise high bonuses and a highly profitable trading platform, but traders cannot withdraw any money from their accounts with the broker. Regardless of the means the scam broker used to fleece money from the experienced as well as novice traders in the industry, it can be very inconveniencing for a trader to realize that the company is a scam after he or she has already deposited his or her money with the broker. It is for this reason that we have ventured into investigating the various online binary options trading platforms in the market. As such, you should only expect factual and reliable broker information on 7binary options.
In some cases, scam brokers will increase the charge incremental payments to your credit card without your permission. After trading for a while, the trader will refuse to release any money to you after making a withdrawal request. In this regard, scam brokers do not only waste the time of the traders, but also make the traders incur huge losses in the process. This is why you need to avoid scam brokers at all cost. Having investigated and operated a trading account with 10Trade, we have come to a conclusion that the company is actually a legitimate and reliable broker in the binary options industry. As we continue to offer reputable broker information to our readers and guide them in the right path, with regards to making the right binary options investment decisions, we took time to review the 10Trade broker.
Since we included the broker in our list of trusted brokers, we have not received any negative feedback or complaints by the traders using the platform, regarding any misconduct by the broker. This is another reason that we assure you that the broker is not a scam. On the contrary, the broker offers trustworthy and reliable services for all the traders on its platform, regardless of their experience in trading binary options. Additionally, the company offers professionals and helpful customer help, should the traders on their platform have ant complaint. In addition to its regulated state, 10Trade also has strict privacy and Security measures to ensure that the trading activates and traders’ money stays safe on the platform.
This binary options services provider is also reputed for the transparency of transactions and charges on their platform. As a matter of fact, platform is one of the most secure and safest binary options trading platforms for your money. Since its introduction into the binary options industry, this company has continued to develop and unveil new features and promotions for their customers from different parts of the world. To get more features and promotions as they are unveiled by this broker, we encourage your to sign up with 7binary options.
If you are a new or even an experienced trader in the binary options world, you should also consider taking advantage of the expansive resources and education center offered by this broker to the traders on its platform. The educational material offered on this platform include training sessions as well as resourceful videos, aimed at enhancing the trading experience of the traders using the 10Trade platform and enhance their chances of making profits from trading in binary options. Owing to all these magnificent features offered by 10Trade, the company is currently one of the best rated companies in the world.
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