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TradeSmarter Review
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Trusted Broker By BinaryOptionsThatSuck.com |
TradeSmarter Overview
| TradeSmarter |
| Bonus: up to $40% |
| Options Profability : 60-85% |
| Rating: 8 / 10 |
  |
Basics
| Broker Name: | TradeSmarter |
| Platform: | TradeSmarter |
| Founded: | 2008 |
| Bonus: | up to $40% |
| Out-Of-Money-Refund: | 1-10% |
| US Traders Accepted: | No |
Features
| No. Of Assests : | 45 |
| Regulated : | Yes |
| Demo Account : | Yes |
| Deposit Options : | C.C., WireTransfer, Moneybookers, CashU, More |
| Language : | 12. including English, German.. |
| Minimum Deposit : | 250. 20$ after initial deposit |
Screenshots
Review Last Updated 2012-04-16 19:04:10
Editor’s Note- Why DOESN’T TradeSmarter Suck in 50 Words
Not only the first regulated Binary Options broker, TradeSmarter is a great place for beginners. TradeSmarter is completely transparent when it comes to funding one’s account; trading with TradeSmarter is easy and relatively cheap as minimum investment is as low as 20$. Trading platform needs upgrading, but overall a great place for beginners.
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Why does TradeSmarter Suck in 50 Words
It’s a bit of a pity that a leading binary options broker such as TradeSmarter lack many popular trading tools and options, which could be found even in a low class brokers. Beginners will enjoy TradeSmarter for a while; we hope progress in that area will be made soon.
TradeSmarter Full Review- The First Regulated Binary Options Broker
As the first Australian regulated Binary Options broker, TradeSmarter not only enjoys being the largest Binary Options broker in the far Pacific, over the past couple of years TradeSmarter began chunking a large piece from the European Binary Options trading industry. With an incredible growth in Europe, it’s only a matter of time before they penetrate the American Binary Options markets too. TradeSmarter is the leading brand Austaralian regulated Binary Options broker. Tradesmarter, launched back in 2008, is considered to be one of the leading Binary Options trading platforms. Considering the overall growth in the Binary Options industry over the past four years, it might be un fair to say that TradeSmarter growth was only possible thanks to the overall growth in the industry, and since they were one of the first Binary Options brokers their growth was larger than others. Looking at the progress made by other Binary Options brokers over the past couple of years, only one or two other brokers achieved such an extensive growth. Other Binary Options broker’s growth was more or less compatible with the overall increase of traders worldwide. This amazing increase in traders trading with the Australian TradeSmarter was never possible without this one little thing that totally distinguishes a Binary Options Scam from not- Regulation. TradeSmarter is currently under advanced process for regulation under the ASIC (Australian securities and Investment Commission), the main financial regulation body in Australia. Regulation biggest advantage is that it allows traders to stay focused in trading without any worries that their money will just disappear with the broker. Under Regulation, Tradesmarter ensures total transparency with their live price feeds and the fact that clients’ funds are kept safe and secure in a segregated account. To find more information about Binary Options Regulation visit. To find more information about Binary Options Regulation visit our articles section. TradeSmarter were actually one of the first Binary Options brokers that actually inquired Regulation, and thanks for their decision to become a legit broker, TradeSmarter claimed themselves a large crowed of faithful traders without spending so much on promotions and marketing. Therefore, the first and the biggest reason I decided to recommend TradeSmarter is the Regulation and all its outcomes and benefits to the Binary Options traders, especially in those times when the Binary Options industry is growing but there is just not enough information available about all binary options brokers.
Lowest minimum funding in the market
Besides being regulated, TradeSmarter is a warm place to start incase you’re new to trading Binary Options. After Depositing an initial fee of 250$, and I know its a little above average for an initial deposit, clients can deposit any fee from as little as 1$! No other Binary Options brokers allow its costumers to deposit cash into their accounts for less than 50$. This incredible offer and the very low minimum investment (20$ Min) makes TradeSmarter a heaven for beginners, not to mention the fine bonus offers. Some brokers limit their minimum per investment to as little as 20$, some brokers limit their minimum deposit to 50$ and some others provide bonuses over 50%, but only TradeSmarter has them all. The problem begins when a trader becomes an expert. It takes a while, maybe a few weeks, maybe a few months, but there is some point when you begin to really understand the business. Learning is not easy and to become an expert is even harder, sometimes this beginner luck’s last longer and sometimes more investment is needed, but it always comes to the point when a trader wants to really play in the major’s league and make some high profits. The way to glory is what TradeSmarter is all about- Low funding and good bonus, but when it comes to mastermind all the options of Binary Options trading, they lack resources. The only downside of TradeSmarter is their simple trading platform, which only includes a simple call/put options with very limited expiry times. The majority of the assets available to trade at TradeSmarter expire within an hour; there aren’t any special extra features such as the Boundary, Range or even any advanced charts. These great extra trading tools are the extra touch or fun to Binary Options traders, and of course, not any less important, many traders use these tools for their Binary Options Strategy. As far as I’m concerned, TradeSmarter is defiantly one of the best places to begin trading Binary Options. Getting started with TradeSmarter is first of all safe; the overall funding of accounts is relativity cheap and the learning experience with TradeSmarter is great and efficient. On the other hand, TradeSmarter really needs to invest more in the trading platform, starting with creating more trading tools available for the traders. Binary Options that Suck will defiantly keep on tracking and updating about TradeSmarter, meanwhile, we strongly recommend our new investors to begin trading with TradeSmarter. For those who already have a clue and want to start trading with a broker that provides the extra features, my advice is look for the other recommended Binary Options brokers in our site. Those brokers have their advantages over TradeSmarter, but probably won’t offer the low funding available at TradeSmarter. Incase you have time to wait, I’m more then sure TradeSmarter will upgrade their trading platform as soon as possible.
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TradeSmarter Complaints
Binaryoptionsthatsuck.com teams are searching for any complaints or fraud alerts concerning binary options brokers. We search different forum and related sites, looking for trader’s opinion and experiences with their brokers. Comments about TradeSmarter are quite easy to find, it won’t take you long doing that simple search also. There was one forum room devoted to a potential false advertising conducted by TradeSmarter, however, we did found an appropriate response from TradeSmarter. Other complaints are the regular “didn’t get my money back” and so. On the bright side, we did found many sympathetic comments and good words about their costumer service.
TradeSmarter Bonus
One of the many benefits of trading with Tradesmarter is their pending bonus policy. Many traders seek the platform with the highest bonus offer instead of considering the safest platform to invest with. As all platforms, Tradesmarter provides clients with a bonus offer as leverage into their trading account. However, their pending bonus model is what distinguishes this platform from all the others. With Tradesmarter the pending bonus is simple and advantageous to any client. It allows the client full access to their available cash in the balance at all times. It is not restrictive. The pending bonus is simply released as real money into the balance to use or to take, once the client trades the necessary volume. If you would like to withdraw before trading the volume to release the bonus, your funds are available to you. Once bonus money has been released as real cash you are welcome to continue trading it as cash, or you are free to withdraw it.
TradeSmarter Withdrawal
As a regulated binary options broker, the withdrawal process in TradeSmarter is smooth and safe. However, the limits for withdrawal via C.C cannot exceed the initial deposit.
TradeSmarter Extras
At bots.com we don’t look for the regular extras, such as live news feed or specific trading tool. Here we look for extra that distinguishes one broker from another. The extras we like about TradeSmarter:
- Regulated by ASIC (Australia)
- Great pending Bonus system
- T-Shirt!
TradeSmarter Ratings
Since 2008. Trading Assets- 45 trading Assets. Minimum Deposit -250$, 250€. Payment- Credit cards, wire transfer, CashU, moneybookers. Options Profitability- 60%-85%. Out of money option refund-1-10%. Platform:TradeSmarter. Languages- 12 different languages including English, German, Spanish, Arabic, French and more. Demo- Yes.
User Friendly 19/20
TradeSmarter platform is based on a 100% web based TradeSmarter platform, with no need for any software to be downloaded. As all other MarketPunter platform based brokers, TradeSmarter trading system is quite simple, mainly focused on assets information without any special tweaks or features. Trading options with TraderSmarter is simply fun and easy. TradeSmarter website is available in no less than 12 different languages including English, Spanish, Russian, Arabic and many more.
No. of Assets and Expiry time 11/20
Total of 45 Assets: 26 stocks, 9 currencies (forex), 5 commodities, 5 indices. TraderSmarter trading platform is very basic compared to other more fresh brokers in the industry. TraderSmarter variety of assets is average, the expiry times are quite short (within an hour in most assets), truly and classic platform.
Commissions, Support and Effective return 18/20
TraderSmarter don’t charge any fees or commissions from traders when they first deposit or purchase options. Withdrawals are free for Credit Cards, there is a charge of 30$ fee for wire transfers. TradeSmarter support is available via international numbers- including English and more or via email. TradeSmarter live chat is greatly appreciated with quick response and polite representatives. The effective return is the average-high with- 60-85% In-The-Money. The Out-of-Money refund is between 1-10%.
Deposit, Payment and Bonus 18/20
TraderSmarter Initial Minimum deposit is average-high – 250$ or 250€. After the first deposit trader can invest any fee starting from 1$. Deposit is available via C.C., Wire transfer, Cash-U, MoneyBookers and many more. Withdrawals are generally available via the same methods with no minimum fees. TradeSmarter offer large bonuses to new traders of up to 40%. New and existing clients will also enjoy other extra bonuses within trading.
Website Extra’s 12/20
TradeSmarter platform puts the extra focus on information and more analysis tools for trading. Traders will find live charts and information about each in every asset with a simple click, but other than simple call/put options tradesmarter lacks any extra trading methods. TradeSmarter compensate with live alerts before expiry time ends, a sentiment bar, and the great options wiki with all the answers for beginner and expert traders as well.
TradeSmarter rating: 78/100 + Regulation process factor +10= 88/100
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3 Responses to “TradeSmarter”
Smart is the word here … They are great and have excellent support …
I will agree that they could upgrade their 1 hour options to shorter periods as offered by other brokers.
Nevertheless I will stick with them in the hope they do improve this.
I am still trading with Tradesmarter , I had few problems because of no previous knowledge of the markets and the support was really helpful. I read the review and the fact that tradesmarter is a trusted broker make me feel like I did the right choice, lucky for me!
Man, they are great.