The interface matters a lot to the customer, and at CherryTrade, it is intuitive, fast, and friendly.
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When you want to make a withdrawal you have to place a withdrawal request from the My Account page. The incentives are provided based on account types, which are basically variants of deposit amounts.
Visit Tropical Trade Website However, this feature is more suitable for experienced traders because it requires prompt reactions and more confidence on the part of the investor.
Tropical Trade also offers real-time price feed from Reuters, which ensures that traders get the latest and most accurate market data. Account Types and Bonuses Tropical Trade offers different types of trading accounts designed to meet the needs of different types of traders with various levels of proficiency. Everyone, form novices to corporate clients can select the account type that will give them the suitable tools and features to achieve their trading goals. It is suitable for traders who have mastered the basics of Forex trading and need a wider range of trading options and solutions.
As a part of its promotions program Tropical Trade offers bonuses and one time trading credits to new traders and loyal clients. How to Get Started? Then you can start executing trades and profit. Accounts can be funded using credit and debit cards as well as wire transfers. When you want to make a withdrawal you have to place a withdrawal request from the My Account page.
All transactions and transfers are completely secure. Support Information Tropical Trade provides professional customer support via various communication methods. Traders can contact the Support Team by phone, via e-mail, by using the web form on the website or via live chat. This level includes four risk free trades and access to weekly phone trading sessions. We highly recommend this account level if you want a nice, well informed trading experience.
There really is a nice variety of account levels on CherryTrade. We found it very easy to navigate around the website by using its many point and click features. It is a system that runs well even when there are a lot of memory strains in place while using the platform. SpotOption is the software that CherryTrade runs on. It runs in a traditional graphic window based system that features a really clear and useful layout.
It nicely displays all the settings and menu selections where the trader can clearly see them. The payout and return on investment ratios are also nice displayed to the side of the screen.
There is even a handy trading sentiment indicator for the asset that is being displayed. CherryTrade can also have multiple windows running at the same time so users can keep abreast of more than one asset to trade. That is a nice little feature, especially if you are trading on short time frames. Placing Trades When using the site we found that the list of tradable assets was very small indeed, but some of this is compensated for by the fact that they have selected assets that are very stable in the trading market place.
Among their asset selections are a mixture of stocks, indices, commodities and currencies. Despite having only a small amount of assets to trade, they do have a large variety of binary options to choose from. When using the website we really found it very user friendly when it came to making trades. Learning Tools As an indication of how much CherryTrade is in to educating their many users, you will see a convenient drop down menu after clicking on the learning tools tab.
The drop down menu features a wide variety of learning choices. As much as they are into helping their traders learn, we were extremely surprised and disappointed to find that they did not offer a demo trading account when we looked at the website. Banking Banking is not a problem when conducting trading on CherryTrade, despite the fact that they only offer accounts in US Dollars or Euros. They accept deposit and withdrawals by using Visa, MasterCard, Amex, bank wire transfers, Maestro, Visa Electron and other methods; so they conveniently provide their users with a lot of variety here.
The banking service was pretty fast, but we also noticed there were a lot of additional fees in some cases, especially as they pertained to bank wire transfers. Customer Service Cherry trade has a nice little customer service center that features access numbers in a lot of different countries.
Also, demo accounts tend to have a limited period of time in which they can operate; this is because brokers ultimately want traders to invest money, and simply having them safe-trading is not profitable.
Jan 05, · CherryTrade appears to be reluctant in offering a free demo trading account. Several brokers are apprehensive about providing a free demo account, and we are honestly perplexed as to why brokers avoid giving a demo account to its users/5(). They provide a free personal account manager to all traders with a private skype room, weekly calls with no extra charge and free trading alerts. Accept US Traders. CherryTrade is not accepting customers based in United States currently. IMPORTANT NOTICE: Cherry Trade will no longer accept US customers starting on 15th September/5(9).
Support & Education CherryTrade Robot review claims to be customer oriented with emphasis put on their clients’ trading experience. Indeed, it looks like they truly care about the users. The website states that the Customer and Technical Support is available only 6 days a week, Sunday till Friday, and only 9 A.M. to 9 P.M. GMT. These features include free signals, free personal account manager, trading alerts on highly selected, almost 'Cherry picked' trading signals, and even highly insightful weekly one-on-one training sessions.
Cherry Trade boasts of a rapidly growing presence in the industry mainly because of its emphasis on placing traders’ needs forefront. In this CherryTrade review, we have outlined some of the broker’s key features, which . At Cherry Trade, traders are offered five types of account, each of which has its own distinctive features and benefits. Traders can open their account at Cherry Trade via a simple 5-step process provided by the broker. First, a new trader will visit the ‘Open an Account’ page, which can be found easily on the homepage of the website.4/5.