Cedar Finance Review

CedarFinanceCedar Finance is one of the most popular consumer trading platforms for binary options. Established in 2011, it is now amongst the leading names of the industry. For a new entrant, it serves as a pathway to the leading financial markets, including Commodities, Stocks indices and Forex. Cedar Finance offers many unique advantages over its competitors. It offers predetermined payouts, which is the most common cause of anxiety and concerns among the investors. The company is also well known for providing 24/7 customer support service in different languages and through different means of communication.

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Cedar Finance Overview

Established: 2011
Headquarter: Cyprus
Languages: English, German, Italian
Website: www.cedarfinance.com
Minimum deposit: $200
min. investment amount: $25
max. investment amount: $3,000 per option
Payout: up to 81%

Trading Instruments

Cedar Finance offers a wide variety of investment options for traders. These include Put/Call binary options, 60 seconds, option builder, one touch and open platform for trading. New entrants feel it easier to start from basic put and call options. All these trading instruments differ from one another in terms of risk, return and investment mechanism. Cedar Finance has a team of professionals who provide complete details about every product. This facilitates the investor in making the investment as per their requirements. The company has recently embedded some features, including roll over and double up. These features allow the trader to double the profit on expiry or extend the expiry date respectively.

Cedar Finance Software

Cedar Finance is a web based trading platform. There is no need to download any software or advance web application. Trading through cedar finance is a simple two step process of registration and deposit of funds. A person may start trading as soon as the funds are transferred.

Deposit and Withdrawal

The process of withdrawal is as easy as the deposit of funds. Traders may deposit funds through credit cards, debits cards or wire transfer. The former method is free of cost; however, a minimal bank processing fee is charged in case of wire transfers. Withdrawal of funds may take up to 10 days, 3 business days to process the request and 5-7 days for funds transfer.

Bonus and VIP Program

The bonus policy of cedar finance is very lucrative for its new and existing customers. It offers welcome bonus of up to $5000 for its new customers. As part of the Cedar Finance’s promotions program, all the clients are rewarded with bonus and one time trading credits. Moreover, company has multiple bonus promotion programs offering up to 75% bonus, depending upon the type of account. Bronze Account holders may get up to 30%, silver account holders 50% and gold users may earn up to 75% bonus.

Customer Support

Customer support is one of the main reasons behind the increasing popularity of Cedar Finance. It offers live customer support service in 12 different languages. This support service is provided through several means of communication, such as Skype, emails, phone call or live chat. The customer support agents are available 24 hours a day and 7 days a week. Moreover, new traders are provided with a Cedar Finance step-by-step guide, which serves as a complete tutorial for the novice trader. The handbook contains complete guidelines in terms of basic and advance trading tactics.

Pros

  • Diverse Asset Range
  • Customer support service in 12 languages
  • Live stream of financial news from Reuters
  • Bonus program for existing account holders
  • Welcome bonus for new traders
  • Pre determined payout
  • Step by step guide of new traders
  • Traders may earn up to 500% return using one touch option

Cons

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