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Home Brokers rating Bank of trade Binary Options Broker

Bank of trade Binary Options Broker

Bank of trade Binary Options Broker
Minimum deposit
100$
Minimum rate
5$
Bonus
50%
Regulation
Demo account
Rating

Currency accounts

  • AUD
  • GBP
  • USD
  • EUR

Languages

  • Arabic
  • English
  • French
  • German
  • Russian
  • Turkish
Bank of trade Brokerage Company was registered on the Marshall Islands in 2013. Despite its young age said broker provides a wide range of high quality financial services distributed by the said company to Western and Eastern Europe. The introduction of the latest trading software as well as providing a selection of high-liquidity options allows the broker to be popular in many countries around the world.

You will find all the popular types of options and financial assets, a standard set of training and support at the broker’s website that relates the broker to the mid-level binary options market operators.

Bank of trade Binary Options Broker

Terms of trading

  • Profitability - from 70% to 100%
  • Loss recovery – 0%
  • Minimal deposit - 100$
  • Minimal stake - 5$
  • Demo account – Yes
  • Mobile version – No
  • Education – Yes

Registration process

Bank of trade offers a simple registration form, whereby which you will become a customer of the company in a few minutes.

Bank of trade Binary Options Broker

As soon as you are added to the broker customers list, you will find yourself on the page of account funding, where you should expect the average list of money transfer services with available USD and EUR options.

Trading platform

The terminal proposed by company for trading is the SpotOption platform which is one of the most popular on the market of binary options trading.

Bank of trade Binary Options Broker

The platform is simple and intuitive, it allows to start trading in the first five minutes after reviewing it. The accuracy of quotes is provided by the REUTERS agency.

Trading platform has the following advantages:

- very simple and intuitive interface;

- good election of trading assets;

- fast trading orders reaction;

- strong connection with trading server;

- high level of security;

- well thought out design.

Platform drawbacks:

- a lack of technical analysis and analytical tools.

Financial assets

Company provides 71 trading assets, including: 34 stocks, 15 currency pairs, 15 indices and 7 commodities, which is sufficient for profitable trading.

Bonuses

Bank of trade offers a 50% bonus for the first deposit, and 25% of the amount of all subsequent replenishments.

Types of options

The following types of options are offered by the Bank of trade Brokerage Company for customers trading:

- turbooptions with 30, 60 and 120 seconds expiration times;

- classic binary options;

- long-term options;

- touch options;

- pair options.

Education

In the section of training materials, the Bank of trade Company provides its customers with a standard set of interactive books, video lessons and introductory articles.

Support 24/7

The company provides customers support 24/7 in 6 languages (including English).

Deposit and withdrawal of currency assets

The company supposes the following deposit replenishment services to be used by the customers: Webmoney, PayPal and Skrill as well as VISA and MasterCard debit cards and SWIFT bank transfer. The funds are deposited immediately, but are withdrawn in 3 days.

Pros/cons

Let us highlight the following company’s advantages

  • minimal deposit is 100 USD;
  • simple platform;
  • bonuses availability;
  • secure trading;
  • good selection of trading methods;
  • education availability;
  • a decent set of trading assets;
  • 24/7 support service.

The drawbacks are:

  • a lack of technical analysis tools in the terminal;
  • a lack of analytical support;

Conclusion

Bank of trade is a company that offers a standard range of binary options trading services. At the same time the broker does not have any critical disadvantages, which allows using it for effective trading. The company is not regulated by any financial control authority which is alarming.

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