Traderush ReviewNovember 20, 2013
Traderush is without a doubt one of the most recognized binary options brokers available online today. Offering payouts of up to 81% on standard digital options, and as much as 500% on touch, this Spotoption-powered broker is currently one of the best platforms in the industry.
There is a plethora of brokers out there today, each one promising you amazing payouts and professional service, so if all of them are more or less the same, what is all the noise about scam brokers and withdrawal issues? The answer is simple, Traderush is one of the pioneers in the industry and has been gaining popularity due to its ethical business practices and state-of-the-art trading platform. At the end of the day you just get a no-hassle amazing trading environment, efficient and professional service, and incentives that would put a Vegas casino to shame.
Registration is a very simple process which I completed in about 5 seconds.
After I registered I was directed to the cashier, I had the option of choosing to deposit from a variety of currencies including Canadian and Australian Dollars. This is not something you see with every broker, and it is an immediate indication of how serious they are. I proceeded to invest $500 using my Amex Card, and got a bonus of 40% which made a total balance of $900 (I did have to negotiate a bit for it though, it’s usually 30%).
Spotoption Reigns Supreme
If I had any doubts as to which platform is the best out there today, they pretty much disappeared when I saw how the platform reacted to my positions and the way the trend lines are displayed. Tech Financials is also a great platform, but only for currencies, and Tradologic still has some catching up to do but its also a very good platform.
Not much to be said here, the platform employs a 128SSL encryption layer at the cashier, so all transactions are encrypted.
The following assets represent the main or most popular assets that are traded in the platform:
- Currencies: BITCOIN/USD, USD/CHF, EUR/GBP, EUR/JPY, USD/CAD,
- Indices: MICEX 10, NIKKEI225, SSE180, HANG SENG, KUWAIT (KUWAIT GENERAL INDEX), DUBAI (DUBAI FINANCIAL MARKET GENERAL INDEX), TADAWUL (SAUDI STOCK EXCHANGE), FTSE, CAC, DAX, NASDAQ, S&P 500, DJIA.
- Stocks: GOOG, APPL, NIKE, CITI, MSFT, KO, HSBA.L (HSBC), IBM.
- Commodities: Gold, Copper, Silver, Corn, Sugar, Coffee, Oil, Platinum.
- Digital Options: The usual format of high/low or above/below. Simply guess the right direction and if you guess correctly your contract expires in the money.
- Options Builder: This feature allows you to customize your trading as you go. Choose the type of contract you wish. Then proceed to select the expiry time, asset, risk versus profit ratio, and the amount you want to invest.
- Option Pro: This feature opens up an expanded trading area where you can clearly see the fluctuations in the trend line. You select your asset, and the expiry date and time, the amount you wish to invest, and start trading.
- One Touch: This contract should be purchased by traders who believe that the price of an underlying asset will surpass a certain level some time in the future, but are unsure about the sustainability of the higher price.
- 60 Seconds: Heart-throbbing and action packed short term trading. Contracts are also available in 5 and 15 minute contracts.
Traderush accepts deposits by all major credit cards such as Visa, Mastercard, Amex (American Express), and Diners Club. In terms of E-wallets this broker accepts Cashu, Moneybookers (Skrill). Withdrawals are sent out by wire transfer only.
Promotions and Incentives: The Traderush VIP Club is divided into Mini, Standard, Executive, Gold, and Platinum. Needless to say the more your deposit the higher your bonus is. Deposits up to $499 will get you a 20% bonus, anything above that can get you up to 75%. Additionally, the higher you are on the VIP ladder the faster you can withdraw money. You also qualify for a dedicated account manager and risk free trades.
Customer Service: The customer service team provides an exceptional level of assistance. Regardless of how irrelevant your question may seem, the staff is patient, courteous, and professional regardless of how much you wish to invest.
Educational Center: This broker has raised the bar when it comes to training sessions, webinars, info graphics, and free educational material designed to make you a better trader. I believe this broker surpasses anything available out there today in terms of instructional information and trading guidance. They have invested heavily in this area and it shows.
Conclusions & Recommendations: Traderush is my personal favorite Spotoption broker, rivaled only by Redwood Options. It offers a superior product coupled with amazing service and a VIP bonus program that has grown to become the envy of the industry. I would have no problem recommending this binary options broker to anyone wanting to start out, or alternatively to experienced traders looking to make gains.