Cedar Finance Binary Options Broker
The broker is regulated by CySEC from Cyprus, which suggests the high quality of services. But let's not jump to conclusions and continue our review further.
- Profit - from 70% to 200%
- Reimbursement - 0%
- Minimum deposit - $ 200
- Minimum Bid - $ 5
- Demo - account - No
- Mobile version - Yes
- Education - Yes
Registration in a company online is very easy. You need to fill in a small form. After making entries in your personal data, you will be automatically moved to depositing page. At the same time, you have a choice between the pound, the United States dollar and the euro, with which you can make your deposit.
The trading platform of the company is from the developer Tradologic. However, in this case, it is the most primitive version, which can't boast its functionality. At the same time, the platform is simple and intuitive, and it is quite capable of ensuring the requirements of beginners.
The pros of the terminal:
- Simplicity of perception and trading for beginners;
- A good selection of assets and options;
- Safety in the trade;
Cons of the platform:
- There are no opportunities for individual technical analysis;
- You cannot change the timefrane of the chart quotations.
Due to the list of financial assets the company Cedar Finance is almost a champion, as it has 180 trading instruments, which in a certain sense raises the status of the broker. Among the assets you will find: 87 shares, 32 currency pairs, 12 products and 51 indices. Of course, the company has an opportunity to build its own portfolio for the risk-free trade.
The company offers 100% bonus on your first deposit and 50% on every next subsequent deposit.
Types of options
Cedar Finance in the name and the choice of options followed the path of the Western European region requirements. The company offers:
- Digital Option - is a classic option;
- One-Touch Option - an option based on the touch;
- Range Option- this is the option on the breakdown range;
- Turbo Option- a high speed of expiration.
Education in the company is at an average level. However, whatever it is, it is only for English-speaking clients and is of little help to foreign traders.
The format of the support is 24/7
The customers' support is professional and has a 24/7 format. The clients have access to live chat, telephone and email. It is conducted in 7 popular languages, including English.
Deposit and withdrawal of foreign currency
For input and output Cedar Finance offers a vast array of services: Visa, MasterCard, as well as SWIFT transfer and electronic Skrill. Input of the funds is a snap, and the output requires 3 days.
Pros / cons
Note of the pluses:
- Deposit is 200 USD;
- Transaction is 5 USD;
- Quick registration;
- 100% bonus on the first deposit;
- The safety of trading;
- A good selection of options and a huge range of assets to trade;
Among the few drawbacks:
- The inability of the technical analysis of quotes charts, the lack of candlestick charts and timeframes in the terminal for trading;
Cedar Finance is a broker who came to the financial services market recently. However, the quality of its services grows and expands daily. However, in the accompanying services of the broker there are significant mistakes.