10 Trade Review
10 Trade Review
- Special Features
- Support & Service
10Trade Broker Review
10 Trade is a the new Broker that makes great strides in the industry
They started this broker from the beginning with the right mind set.
They offer from the beginning all the right tools, assets and regulation, most brokers start and once they have reached the critical mass of clients so they are able to afford all the tools, assets and regulation they will only do so. 10 trade does it the other way around. By presenting a good solution for those to look to trade with a binary brokerage and care less if the broker is new or old this is one of the best ones out there.
10Trade does not accept traders from the US, Israel, Japan, Turkey, Australia, New Zealand, South Africa and Canada. But mainly focusses itself on Europe, Asia and the GCC
Regulated by CySEC (the Cyprus Securities and Exchange Commission), under the license number 248/14.
10 trade offers their trading through their Proprietary Platform.
This platform was designed with traders of all levels in mind, thou it looks very simplistic it does not lack in capabilities. It is a low resource use, fast execution and a very practical designed binary options trading interface which has the proper color setup to keep track of the trades in a flash of an eye without being to overly colorful and confusing.
The 10Trade binary option platform requires no downloads. Both the web and mobile versions of the platforms offer immediate access and instant trade execution.
In short this is a good trustworthy platform that is able to measure up with all the more renowned and know systems out there. The data is up to date and accurate data provided by Thomson Reuters.
10 trade offers to the traders also different trading types. Most people by now know which type they like but for those that want to try to trade different solutions are available.
The formats are
- 60 seconds – this is basically the standard for fast binary option trading. Your contract expires after 60 seconds and you predicted the direction of the price of the asset either correct or not
- Long term Binary options trading – same concept as the 60 seconds only for longer periods , the time frame for which you open here the trade jumps with every selection for a week.
- One touch ( is more profitable but the risks are also way higher
- Ladder trading – this was new for us and you need to look a few seconds to understand what they are doing , but the concept is easy enough , you just choose which level will be reached the further the level the higher the payout if you are successful.
I which 10 trade truly excels is the amount of assets they offer. They have a larger selection then almost anyone in the market. This also tells is that they aim for traders from all levels. We have seen assets we have not seen anywhere else in the binary options industry.
Especially for those that look to trade in stocks and indices this is the broker to be. With an amazing selection of these assets categories from all over the world.
- 41 Currencies pairs
- 133 Stocks
- 53 Indices
- 8 Commodities
- 14 Pairs
10 Trade has a nice selection and cool design for their education center. Most of the materials are closed to you have opened a real account but you are able to see some of the examples of the education tools they provide in full. O their site they have divided this into very clear selection of different categories and chapters so you will be able to find what you are looking for pretty fast.
10Trade has in addition also an investment return policy which includes a small insurance premium that varies with individual binary option trades, this will reimburse a small % of the invested amount back to the trader in case he or she is out of the money.
As a new broker they do not have the goodwill and patience of the traders as much as other brokers that have been on the market receive. With this in mind and really trying to create a proper and good trading experience 10 trade understands that service and support is crucial for every new brokerage. So they offer everything you could expect and are readily available in our experience. Their support service is 24/7 and is provided by an educated staff through phone, email or live chat.
The platform supports 10 languages: English, French, Russian, Swedish, Italian, Polish, Dutch, Norwegian, Spanish and Portuguese. Phone numbers are available for many countries so all are able to reach them free of costs.
The deposit and withdrawal process are quick and simple. In order to begin trading,.. Furthermore,.
- the minimum deposit amount is $200
- Deposits can be made by credit card, debit card or wire transfer
- withdrawals can be made by credit card of wire transfer
this part of the site is designed very clear and smart. It will not take you very long to understand how it works and what is available for you.
Traders can fund their 10Trade binary options trading accounts via credit and debit cards, eWallets, bank transfers, and wire transfers. Net wallets include Skrill/MoneyBookers, CashU, iDeal and Neteller. And Bitcoin
In line with regulatory requirements, with 10Trade, all connections are secure. Withdrawals are not instant as they never are, and can take some time. The processing from their side is done thou within the 2 days after which depending on the method it might take a few days till a week.
When using the wire, traders can withdraw funds once per month without charge. For additional withdrawals as, pretty steep fee, of $30 will be charged.
10 Trade Details
|Regulated||Fully CySEC EU Regulated|
|Mobile Specific Trading||Yes, Android & iPhone App|
|Account Currencies||USD, EUR, GBP, SEK and RUB|
|Languages||English, Russian, French,Spanish, Dutch, Portuguese, Swedish, Italian, Norwegian, Polish|
|Option Types||CALL/PUT, One Touch, 60seconds, Long Term, Pair Options, Ladder Options|
|Option Expiry Times||60sec, 2min, 15min, 30min, 1hr, 24h up to 150 days|
|Underlying Assets||Stocks, Commodities, Currency Pairs, World Indices, Stock Pairs|
|In the Money Returns||70% – 81%|
|Out of the Money Returns||From 0-10% depending on option|
|Minimum Deposit||200 USD, 200 EUR, 200 GBP, 20,000 JPY|
|Deposit Methods||Visa, Wire Transfer, Amex, Skrill(MoneyBookers), iDeal, Neteller, CashU|
|Withdrawal Time||Up to 2+ business days for processing, 5-7 days to be in your account|
|Documentation Needed for Withdrawal||Photo ID and proof of address. ie. utility bill|
|Support||Live Chat, Email, Phone (Local numbers for 32 different countries)|
|Support Languages||English, French, Arabic, German, Italian, Spanish, Russian|
|Demo Account||No demo available but can sign up free without adding payment details.|
|Platform Features||Early closure|
|– Up to 10% out of money returns|
|– Pair options trading|
|– Flexible trading accounts|
|Free Tools||Market News|
|– Live webinars|
|– Video courses|
|– Trading tutorials|
Bonuses & Promotions
Normally 10 trade offers 50 % deposit Bonus but if you ask i am sure you are able to get more up till 100% with the max amount of $10,000
To withdraw you bonus, You as the trader are required to take a position 30 times its valueof the bonus amount you have received . For example, if a trader deposits the sum of $500 to which a bonus of 50% is added (or $250), s/he will then have $750 on his/her trading account once the bonus is granted. In our example, the trader should speculate a volume equivalent to 30 x $750 ($22,500). Please note that regardless of the bonus and its conditions, the trader may still proceed to withdraw his/her initial deposit at any time
|500 €||1,000 €||2,500 €||5,000 €||10,000|
|Daily Market Reviews||yes||yes||yes||yes||yes|
|Digital Online eBook||yes||yes||yes||yes||yes|
|Introduction to Market Analysis||yes||yes||yes||yes||yes|
|Money Management Training||yes|
|Commodities||CORN||stocks||AGRI’ BANK OF CHINA|
|Commodities||SILVER||stocks||ALPHA NATURAL R.|
|currencies||AUD/NZD||stocks||ARABIAN PIPES COMPANY|
|currencies||BitCOIN/USD||Stocks||BAE SYSTEMS (LONDON)|
|currencies||EUR/GBP||stocks||BANK OF CHINA|
|currencies||GBP/CHF||Stocks||BP (BRITISH PETROLEUM)|
|currencies||GBP/JPY||Stocks||BRITISH AMERICAN TELECOM|
|Currencies||Gold/EUR||stocks||CHINA LIFE INSURANCE|
|Currencies||NZD/CHF||Stocks||CITI ( US – CITIGROUP)|
|currencies||NZD/USD||Stocks||COCA COLA (US)|
|indices||ASX (Australia)||Stocks||FREEPORT McMoran|
|indices||BOMBAY SE||Stocks||GAZPROM (RUSSIA)|
|Indices||DAX FUTURE||Stocks||GOOGLE (US)|
|indices||DOW (US – DOW JONES INDUSTRIAL AVERAGE)||Stocks||GROUPON|
|indices||DOW FUTURE||stocks||HITACHI CORP|
|indices||DUBAI (DUBAI FINANCIAL MARKET GENERAL INDEX)||Stocks||HSBC HOLDINGS (LONDON)|
|indices||EGX 30 (EGYPT)||stocks||HUTCHISON|
|Indices||EURO STOXX 50||Stocks||IBM|
|Indices||EURO STOXX 50 FUTURE||stocks||ICBC BANK|
|indices||FTSE 100 (U.K)||stocks||JOHNSON & JOHNSON|
|Indices||FTSE FUTURE||Stocks||JP MORGAN CHASE|
|Indices||FTSE MIB||stocks||KEC (SA)|
|indices||HANG SENG (HONG KONG)||stocks||KING DIGITAL (Candy Crush)|
|Indices||HANG SENG FUTURE||Stocks||LAS VEGAS SANDS|
|Indices||IMKB 30||Stocks||LOUIS VUITTON|
|indices||ISE 30 (ISTANBUL STOCK EXCHANGE)||Stocks||LUKOIL (RUSSIA)|
|Indices||JAKARTA SE||stocks||MANCHESTER UNITED|
|indices||KUWAIT (KUWAIT GENERAL INDEX)||Stocks||MCDONALDS|
|indices||MICEX 10 (MOSCOW INTERBANK EXCHANGE)||stocks||MECHEL OAO|
|indices||MSM 30 (OMAN)||Stocks||MICROSOFT|
|indices||NASDAQ (US)||stocks||MOBILE TELESYSTEMS|
|indices||NASDAQ FUTURE (US – NASDAQ 100 FUTURE)||stocks||MOELLER MAERSK B|
|Indices||NGAS FUTURE||stocks||NATIONAL BANK AUSTRALIA BANK|
|Indices||NIKKEI 225 (JAPAN)||stocks||NEWCREST MINING|
|Indices||NIKKEI FUTURE||Stocks||NIKE (US)|
|Indices||OMX NORDIC 40||stocks||NIPPON STEEL|
|indices||QATAR (DSM20)||stocks||NOVO NORDISK|
|Indices||RTS (RUSSIAN TRADING SYSTEM)RTS (RUSSIAN TRADING SYSTEM)||Stocks||ORANGE S.A.|
|Indices||RTS Future||stocks||ORIGIN ENERGY|
|indices||S&P 500 (US)||Stocks||PARIS TELECOM|
|indices||S&P FUTURE (US S&P 500 FUTURE)||Stocks||PETROBRAS|
|indices||SSE180 (SHANGHAI STOCK EXCHANGE)||stocks||POALIM.TA|
|indices||Straits Times||Stocks||PUBLICIS GROUPE|
|indices||TADWUL (SAUDI STOCK EXCHANGE)||Stocks||RENAULT|
|Indices||TEL AVIV 25||Stocks||REUTERS (US THOMSON REUTERS)|
|Indices||TOPIX||Stocks||ROLLS ROYCE (LONDON)|
|Indices||TZA-SHORTX3||Stocks||S BANK INDIA|
|Pairs||AMAZON VS EBAY||stocks||SAMSUNG-KR|
|Pairs||AMAZON VS NETFLIX||stocks||SAP|
|Pairs||BMW VS DAIMLER||stocks||SAUDI REFINERIES|
|Pairs||BMW VS RENAULT||Stocks||SBERBANK (RUSSIA)|
|Pairs||DAX VS CAC||Stocks||SEARS HOLDING|
|Pairs||FACEBOOK VS TWITTER||stocks||SHADCO|
|Pairs||FTSE F VS CAC F||Stocks||SIEMENS AG|
|Pairs||GOLD VS OIL||stocks||SINA|
|Pairs||GOOGLE VS BAIDU||stocks||SONY|
|Pairs||GOOGLE VS FACEBOOK||Stocks||STARBUCKS|
|Pairs||LINKEDIN VS TWITTER||Stocks||TATA MOTORS (INDIA)|
|Pairs||McDONALD’S VS STARBUCKS||Stocks||TATA STEEL|
|Pairs||RIO T. VS. BHP B.||Stocks||TELEFONICA|
|Pairs||RIO-AU VS BHP-AU||stocks||TENCENT HOLDINGS|
|Pairs||VODAFONE VS ORANGE||Stocks||TESCO|