10 Trade Review
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|Headquarters||4 Pindou Street, 4th Floor, Office 408, Engomi 2409, Nicosia, Cyprus|
|Support Types||Phone, Live Chat, E'mail|
|Languages||English, French, Arabic, German, Italian, Spanish, Russian, Dutch|
|Minimum Trade Amount||$5|
|Maximum Trade Amount||$5000|
|Free Demo Account|
|Regulation||Regulated by CySEC|
|Deposit Methods||Visa, MasterCard, Bank Wire, cashU, PaySafe Card, Webmoney, Qiwi, Neteller|
|Withdrawal Methods||Visa, MasterCard, Bank Wire, cashU, PaySafe Card, Webmoney, Qiwi, Neteller|
|Expiry Times||From 60 seconds to 3 months.|
|Types of Assets||Currencies, Stocks, Indices, Commodities|
|Account Currency||USD, EUR, GBP, AUD, CAD|
|US Traders Allowed|
10Trade, established in 2014 and having its head offices in Nicosia, Cyprus, is a binary options brokerage company. It was one of the first trading brokers to be fully licensed and registered by CySEC. Each of 10Trade’s customers is offered personal guidance and expert support in various languages. Owned and operated by
Owned and operated by Holiway Investment Limited, it has a very well designed website which is easily navigable and comes in English, Dutch, Russian, German, Arabic, French, Spanish, and Italian. In addition, it is extremely easily accessible and investors can engage in trading on the go using the responsive mobile and web state-of-the-art platform.
Five different accounts are available at 10Trade. To open a Welcome, Bronze, and Silver accounts, traders would have to deposit $500, $1,000, and $2,500 respectively. To launch a Gold account requires a minimum amount of $5,000 while the Platinum account is started with a deposit of at least $10,000.
Deposit and Withdrawal Options
10trade makes sure to place all client funds into separate and isolated accounts in reputed, global banks so their cash is always safe and sound. Each and every transaction that is executed at 10trade is accompanied by a 128-bit SSL encryption that shields it from any fraudulent activities and turns the process into 100% secure. If we add to this the fact that the website gives investors an unseen level of freedom when it comes to customizing their banking interface, we might end up with one of the harbingers in the binary industry.
Before any funds can be deposited or withdrawn from 10trade, however, users are obliged to present several personal documents, including proof of residency, proof of identity, and some copies of the credit cards they are about to use.
MasterCard, Bank Wire, VISA, cashU, PaySafe Card, Webmoney, Qiwi, and Neteller are the reputable payment options which traders can utilize to make deposits and withdrawals. The minimal sum for withdrawing via wire transfers is $100 while for credit cards, that is $30. No fees or commissions accompany any of the transactions you make on 10trade.
The platform of 10Trade is quite accessible and easy to use for both beginner and advanced traders. It does not require any downloads. In addition to more than 100 assets, there are high payouts and a multitude of instruments such as Trader’s Choice, historical price graphics and Ladder Options, as well as “One Touch”, which eliminates most of the guessing and facilitates the trading process. There is also an interesting feature which is named “option suspended” which occurs at irregular market conditions or trading about a certain asset.
Education is an essential feature of 10Trade. What makes it stand out from other brokerages is its radio station which informs its listeners about the latest developments in the financial markets and provides reviews from their top analysts. The 10Trade Radio helps traders to better decipher financial charts. In addition to the radio, the company has courses for new and experienced traders, offers a complimentary eBook on stocks, indices, Forex pairs, and commodities. Webinars are also available and registered users may take part. The glossary of important trading terms and the FAQ section are very thorough.
10Trade has more than 30 locations around the world which are reachable 24/7 via phone and live chats. We contacted a representative via the live chat and she was extremely friendly, attentive, and very helpful and met our requests with the highest levels of professionalism. The website is multilingual and very responsive too.
Welcome bonuses are offered to every account holder. The Welcome and Bronze accounts come with 20% and 30% bonus. Silver account holders are entitled to a bonus of up to 40% and 2 trading strategies. The Gold account is eligible for 50% bonus and 3 trading strategies. Traders with Platinum accounts get 5 trading strategies, 50% bonus, and the option for express withdrawals, optional tablet, and money management training.Open an Account