Traders Room Binary Option Broker
| Website Languages: | English, Portuguese, Russian, Spanish |
|---|---|
| Broker Type: | Market Maker |
| Account Currencies: | USD, EUR |
| Minimum Deposit: | $500 |
| Majors Spread: | |
| Scalping: | No |
| Hedging: | No |
| Retirement Account: | No |
| Free Demo Account: | No |
| Options profitability: | 68%-75% |
| Option Refund: | 5%-10% |
| Option on Asset Types: | Forex,Indices,Stocks,Commodities |
| Touch Options: | Yes |
| Traders From USA: | Yes |
| Islamic Account: | Yes |
| Commissions: | |
| Binary Options: | No |
| Margin Interest: | No |
| Depositing Fees: | No |
| Withdrawal Fees: | Wire: $25 |Check $10 |
| Customer Service By: | Phone, Chat, Email |
| Email Response Time: | Up to 48 Hours |
| Telephone Orders: | Yes |
| Personal Account Manager: | No |
| Trading Platforms | Spotoption By Spotoption |
| Stop Order: | No |
| Limit Order: | Yes |
| Market Order: | Yes |
| Trailing Stop Order: | No |
| OCO Orders: | No |
| One Click Trading: | Yes |
| Charting Package: | Yes |
| Trade off Charts: | No |
| Streaming News Feed: | Yes |
| Email Alerts: | No |
| Mobile Alerts: | No |
Traders Room was established in the early 2010 and is listed in London under the name of TradersRoom Ltd Company. The company does all its working from Cyprus. It is one of the most objective and professional platform for trading digital option. They provide to the customers the most intuitive and easy method to trade in the financial market. They have a loyal base of customers that draws upon the expertise provided by the services provided for trading binary option or through use of exceptional software. They have a trading platform that is innovative, simple and easy to use. The trading assets include forex, Indices, stocks and commodities.
The trading platform offered by Traders Room like most other brokers in the market, is SpotOption which is provided to the company by SpotOption. The trading platform is h several features like Limit Order, Market Order, One Click Trading, Charting Package and Streaming New Feed. The trading platform like most in the binary market is completely web based and does not require downloading or installing any software. The traders can start trading immediately after they have got their trading account activated. Trading platform can earn you high profits and the payout can be from 68% to 75%. They also have the facility of returning back a portion of the investment if the trade expires in out of money and can be from 5% to 10%. They allow traders to trade in Touch Options that allow them to earn much greater profits in short span of time. They allow traders from United States to trade from their account. They also have bonuses for their customers and to get a minimum bonus of 20% to 30% the minimum deposit required is $1000.
Opening an account with Traders Room is very easy and the minimum deposit required to open an account with them is $ or Euro 500. The minimum investment for doing a trade is $ or Euro 25. The account currencies allowed by the company is EUR and USD. They do not free demo account and hence the traders do not have the facility of practicing on virtual platform. They do not have the facility of retirement account and Islamic Account. They do not have any commission on trading binary options. They also do not have Margin interest and depositing fees. They do have withdrawal fees of $25 if it is made through wire transfers and $10 if done through check.
The customer support service provided by the company is one of the best in the industry and is available in English, Portuguese, Spanish and Russian. The service can be availed through phone, email and live chat. The email response time for any queries is less than 48 hours. They also take up the orders through telephone. They do not have the facility of personal account manager for the customers.