Broker ceased to exist

On-line since: 2014
Country of origin: Cyprus
Regulation: CySEC
Payment options: wire transfer, Visa/MasterCard, electronic payment systems
Minimum account size: $200
Minimum lot size: -
Leverage: -
Spreads: -

About the company:

10Trade is a brand new binary options broker that is owned by Holliway Investments Ltd. The company is fully regulated by the Cyprus Securities and Exchange Commission (CySEC) under the license no. 248/14.

CySEC verifies the activity of brokers and brokerage firms, controls stock exchanges, regulates financial markets and monitors transactions.

Trading conditions

Data for the 10Trade binary options trading platform are supplied by the world’s leading data intelligence service — Reuters.

The broker allows users to trade multiple binary options, from the super-fast 60 seconds to high-yielding One Touch. The company also offers Pairs and Ladder options.

Investors can trade more than 80 stocks, 23 currency pairs, 11 shares, 8 commodities and 35 indices. This is a huge selection that speaks to beginners as it does to advanced traders.

Besides, clients can use some extensive features such as Rollover. It enables traders to extend the expiry deadline of the purchased binary option.

The trading platform is SpotOption 2.0.

Bonuses

The broker can provide a bonus of up to 100%; however, the bonus amount needs to be clarified by the account manager, since it is individually calculated for every client, as well as the turnover required to withdraw funds.

A trader can withdraw funds received not from trading with the bonus at any time.

Support Service

Users can contact the support via email, live chat, and phone. Phone numbers are available for many countries.

Payment options

Traders can withdraw money via wire transfers, credit and debit cards, and different electronic payment systems such as PAYSAFECARD, QIWI, YANDEX.MONEY, WEBMONEY, USEMYBANK, TRUSTPAY, TODITO CASH, TICKET SURF, TELEINGRESO, SPOROPAY, SOFORT, SAFETYPAY, PRZELEWY, POLI NZ, PAYU, NEOSURF, MULTIBANCO, MONETA, MISTER CASH, LOBANET, IDEAL, HAL-CASH, GIROPAY, etc.

Users will have to verify their identity to withdraw money. The minimum withdrawal sum is $30. Requests are processed within 3 business days and credited to the account within 5-7 business days.

Advantages:

• regulated broker
• huge variety of money withdrawal options
• bonuses.

Disadvantages:

• high initial deposit.