These days, the trading market is very alive. As a matter of fact, groups and individuals take part in trading almost on a daily basis. The good news is that the internet is able to establish a reliable platform where communication regarding trading options and needs is possible. Because of this, a lot of binary traders have entered the picture. While a lot are reliable, there are some that are not so good. Let’s take a look at two of the options available today: CherryTrade and Banc de Binary. In order to understand their capabilities, let us review each option.
CherryTrade Binary Options
CherryTrade is a user-friendly, sleek and exciting broker for binary options. The company was launched in Gibraltar in 2013. They cater to traders worldwide, including those who are in the United States. The company has been receiving high scores for their outstanding educational programs and customer service.
CherryTrade provides the assistance of professional market analysts who can give traders training sessions one-on-one. This goes to show that as a whole, they are interested in the welfare of their traders. The features offered by CherryTrade include the 30 second, 60 second, 2 minute, as well as the long term, and touch and pair options. CherryTrade offers up to 100% match bonus on the initial deposit. It also offers a wide range of bonuses, such as 20% on the basic account, 50% on the professional account, as well as 100% for VIP accounts. This means that right after you open your account, you need to ensure that you check together with your account manager in order to see all current bonus offers. The withdrawal process rating is 48 business hours.
Banc de Binary Options
Banc de Binary was founded in 2009 and has grown to be one of the respected brokers today. They cater to traders of various levels. The company also provides education services; however it only depends on the account type. The package for the curriculum includes everything that you need to know about the trading industry. Regarding bonuses, for the minimum $250 deposit, the bonus that is offered goes up to 50% while the wager is 20 times the bonus as well as the deposited amount.
Overall, when it comes to overall platform, bonuses and rewards, customer service, and other factors, CherryTrade is the better option. It offers top quality platform that is very easy and straight forward, offering knowledge, not just on trading in every option that is available on their platform. They also provide details on each one of their assets across four financial markets. Despite the fact that CherryTrade is very easy to use, it has also been catered to professional traders too.