Cedar Finance Binary Option Broker

Company: Cedar Finance
Maximum Trade:
Minimum Trade:
Minimum Deposit: $200
Withdrawal Fees: $25 for withdrawal using Bank Wire Transfers and For transfers through Western Union it is as per their applicable charges.
Minimum Withdrawal: $200
Bonus: Up To 75%
Payout: Up to 81%
Account Currencies: USD, EUR, GBP
Currency Pairs:
Tradeable Asset: Forex, Indices, stocks and commodities
Trading Platform: Tradologic
Trading Instruments: Binary Options, One Touch, 60 Seconds, Open Platform, Options Builder
Established: 2010
Licenses: CySec
Location: Cyprus
Regulation Status: Regulated
Payment Methods: Bank Wire, MoneyBookers, CashU, Credit Cards, Western Union
Trading Plarform: 4/5
Website: 4.2/5
Banking: 4/5
Customer Service: 4/5
Bonuses: 4/5
Customer Experience: 3/5
Overall Score: 4.1/5
Assets: 3.5/5
Reliability: 4/5
Charting: 4/5
Withdrawal: 4/5

cedarThe Cedar Finance Binary option brokerage company was established in the year 2010 by its parent company T.B.S.F Best Strategy Finance Limited. The company is registered legally in Cyprus and hence is a well regulated company. They have their registered office in Nlcosla, 26 Chyton Street. With a large customer base Cedar Finance has established itself as a broker which is seriously into digital options investments. They offer to their customers a very intuitive, simple and user friendly trading platform software technology called “Tradologic”. Their trading platform is powered by “SpotOption”. They also have demo account for the customers and hence one can easily check the execution and the services provided before opening an account with them.

The trading platform offered by cedar finance is simple, user friendly and intuitive which allows trader to reap returns which is as high as 81%. The various trading options provided to the customers include Options Builder, Binary Options, 60 Seconds, One Touch, and Open Platform. Within each of these trading options, the trader can see a host of trading opportunities. Each of these trade options require only a few steps to get completed and hence is very simple. Since the trading platform is powered by SpotOption the traders should be assured that they are using the technologically most advanced trading platform and at the same time it is user friendly. Cedar finance, however, does not offer to their customers mobile trading and no announcement has also been made regarding this till now.

Cedar Finance offers to its customers, a return up to 81% on all that trades that expires in the money. Even the lowest payout that has been offered by them ranges in between 65% to 75%. In addition to this, they offer to their customers a high yield with One Touch but only once in a week that offers payout percentage as high as 500%. Depending on the type of trade and also the investment amount they provide their customer with refund of 0% to 10% on the trade that expires out of money. Other trade features by them include Rollover and Double Up. In Rollover, the customers can choose to roll over their trade to next expiry time if they feel that their position is not going to end in the money. Double up feature allows the trader to duplicate their investment amount on the trade that is heading towards its expiry. An investment fee of 30% is added to the amount invested if the trader uses Rollover feature. However, if the trade expires in the money then a return which is 30% higher is given to the trader.

The customer service provided by Cedar Finance is available 24/7 and can be availed via phone, live chat and email. The service is available in 12 languages, but their website and platform is available only in English. Withdrawal and payment can be made using Credit Cards, Wire Transfers, Western Union and CashU. The minimum withdrawal limit is $200 and bank wire transfer has a fee of $25 whereas that through Western Union is charged as per their fees.

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