A quite relatively new binary options broker in the market industry, TradeThunder is one of the best positive surprises that came up to traders. Why? Because it has many awesome features, all with a very easy and friendly software platform, as well as great services and customer support to traders, either beginners or expert ones. So, we are looking forward to explaining in details everything related to TradeThunder for you.
|Established: 2015||Minimum deposit: $20|
|Headquarter: London||Min. Invest. Amount: $1|
|Languages: German, English, Spanish||Max. Invest. Amount:$500|
|Website: www.tradethunder.com||Payout: 90%|
Option Trading at TradeThunder
TradeThunder really makes a great difference in the trading scenario today because of many aspects we will be focusing on here on this review. But the main one that calls our attention is the fact that they are one of the few brokers that accepting USA traders and is highly recommended and trusted.
Besides that, the company is not yet regulated and licensed by CySEC, but so far no complaints have been heard from clients, especially in the American market. Based in the UK, TradeThunder offers a great number of assets to be traded: 6 stocks, 30 currency pairs, 6 indices and 2 commodities, with payouts rating up to 90%. The trading features include: standard call/put options, 60 seconds and the new OneClick Trading.
When it comes to the software used by the company, we have to say that TradeThunder stand out of the crowd for using this amazing trading platform: Leverate BX8. This is a brand new option available for companies and TradeThunder is proud to be the first one on the binary options market to have it, as Leverate BX8 is very famous among Forex traders, since it is widely used by them.
With a very simple trading interface, this awesome platform makes it possible to trade OneClick trading, so traders can execute a put or a call immediately with only a single click. And the payout for one hour USD/EUR options is 90%.
Deposits, Banking and Withdrawals
As the minimum deposit is $20, and $1 minimum trades for most of the binary options features, TradeThunder is an excellent choice for those who do not wish to risk their money opening accounts with companies that offer no guaranteed profits, or are just another scam.
So, it is really low if compared to most of the brokers who suggest that you should deposit higher amounts. And deposits can be made thru credit cards and bank transfer. The withdrawals can be made via wire transfers, and they shouldn’t take so long, according to the customer support.
Bonus, Promotions and VIP Program
There are four different types of account packages, where traders can choose the one that fits his preferences better. The Basic package includes support by personnel and access to education center, with a minimum deposit of $20 as a requirement. And the other packages also include a personal manager support and training, as well as webinars, signals and also strategy guides to help traders with their money management. However, it is recommended that a minimum deposit of $200 should be done in order to open a Standard Account, although it is not a rule. And bonuses of up to 100% as well as risk free trades (5 in total) are some of the main advantages offered by TradeThunder in comparison to other similar brokers available online.
And the best thing about the bonus feature: the withdrawals are not restricted in any way by the bonus structure, that means, once you have a bonus, the money is yours and you can withdraw it or keep it on your account.
Service and Customer Support
In relation to the customer support, in case traders have any kind of issue, the staff will be available 24/6 via phone and live chat in Australia, UK, US and Canada. As an alternative, traders can email them and soon they will answer it. Besides, the education center has special tools in order to provide traders with the best experience on trading binary options.
Experiences with TradeThunder Broker
So far, there has been just positive feedback related to TradeThunder, as there seems to have a great acceptance by traders’ community in relation to the low minimum amount of money required to open an account. It really shows that the company is not trying to be abusive and take advantages from traders, so in a way, it builds some sort of confidence between clients and the company.
Pros and Cons About TradeThunder
- Pros: great customer support, awesome trading platform Leverate BX8, low minimum deposit, great variety of trading features.
- Cons: only 4 languages available, not so much information on the webpage about the account packages, still not regulated by CySEC.