TradEqual Broker Review
Trade Equal is a revolutionary broker that works through a completely different trade mechanism than most binary options brokers. The premise of Trade Equal is to provide a platform for traders to trade with each other. Therefore it is by definition a social trading platform. This allows it to offer many features and advantages to its traders that wouldn’t otherwise be available. This broker is also determined to take the binary options industry by storm. It applied both for CySEC and CFTC licensing which would allow it to tap into 2 huge markets at opposite sides of the Atlantic. This is something that few other brokers could do if they would decide to go through with it.
Deposits and Withdrawals
The minimum deposit required to open a Trade Equal account is $250. The deposit can be done through traditional methods such as a wire transfer, or through digital wallets like Skrill and Neteller. In terms of withdrawals, Equal Trade is one of the friendliest binary options brokers in the market. Your withdrawal will be processed within 48 hours of submitting a request.
Trade Equal is a unique broker, with a unique perspective on the market. The way it conducts its business means that no existing platform would deliver the features it needed to enable trades. This is why Trade Equal designed its own, proprietary trading platform to resemble a market place for financial options. With it a trader can design a specific contract and put it on the system. The offer will then draw a buyer, or in other words another trader who is willing to buy into the opposite side of the option.
Customer service at Trade Equal is top notch. Aside from excellent withdrawal times and smooth transaction processing, Trade Equal offers assistance to its traders, on a personal level. Traders can get professional assistance from Trade Equal specialists at all times. The service is provided in both English and Spanish, and it includes 1 on 1 training.
Trade Equal is certainly a revolutionary binary options broker that has the potential to take the industry to a new level. The fact that it has applied for both CySEC and CFTC licensing shows how serious the company is about changing the face of the binary options industry. Trade Equal is more than just another binary options broker; it is a market enabler for direct trade between peers. That means the information given on its platform is never tweaked and the service offered means that Trade Equal will always be interested in traders making money on their investments.
- Support Methods: Live Chat, Phone, Contact Form, E-mail
- Support in English and Spanish
Asset Choice Rating – 9
- 7 Stocks
- 5 Currency Pairs
- 2 Commodities
- 6 Indices
Deposit Method Rating – 10
- Wire transfer
Minimum Deposit Rating – 9
Withdrawal Rating – 8
- 48 Hours
Minimum Trade Rating – 9
Trading Features Rating – 9
- 55 Minute
- Early Exit
- Roll over
Payout% Rating – 9
- Up to 85%
Bonus Offers Ratings – 7
- In special cases, for deposits bigger than $1000
- Professional customer service
- Regulation pending from CySEC and CFTC