TraderXP Review

 

 

Broker’s Introduction

TraderXP is founded in the 2009. It is a binary options broker that is one the earliest to hit the binary options market. This broker provides a simple and responsive trading platform. The headquarters of TraderXP is located in British Virgin Islands. Since its inception, TraderXP has become one of the leading and most trusted broker in the industry. It offers many trading tools that can help novice traders gain skills in binary options trading. Furthermore, TraderXP provides demo video to give additional insights on traders. There are two unique features of TraderXP that help traders. These are the Rollover feature and double- up tool. These features help maximize the profit potential of the traders. There are also other tools that help traders thrive in binary options trading such as charts, market analysis, market signals and many more.

General Platform Details

TraderXP trading platform is the easiest platform to operate in the market today. The trading platform is web-based, which means that there is no need to download and install trading software. Traders can conduct trade from anywhere in the world using a computer with reliable internet connection. The design and performance of the platform is unquestionable. It is very responsive and simple. Even novice traders can conduct their trading activities with confidence. The platform also features several trading tools that provide helpful information to traders. For all questions and concerns, the customer support team of TraderXP is available 24/7 to help traders and potential traders. The customer support team is reachable through phone in 18 different countries. Aside from phone, they are also available through live chat, email and web form.

Trading Options

TraderXP offers a hefty return on investments. Traders can receive payouts ranging from 68% to 75% for all in-the-money trades. For out-of-the-money trades, traders can get refunds as high as 10% of the invested amount. There are four trading methods that traders can use including the Traditional Binary Options (Fixed Return Options), One Touch, 60 Sec and Option Builder. Traders can trade over 80 assets from different markets such as commodities, Forex, stocks and indices. Specifically, TraderXP offers 7 commodities, 15 currency pairs, 33 stocks and 28 indices. These trades can have expiry times ranging from 1 minute to 1 week, which depends on how the traders personalize their trades.

Financial Details

There are many ways to deposit and withdraw funds to and from TraderXP accounts. There are many secure, convenient and deposit methods that allow traders to put money on their account using various currencies easily. TraderXP account currency can be in US dollar, Euro or GBP. Meanwhile, withdrawing funds from TraderXP trading account are as easy as depositing funds. There are many reputable financial methods supported by TraderXP including debit or credit card such as Visa, Delta, Diners, MasterCard, Visa Electron, Solo, Maestro and Maestro UK (Switch). Traders can also use Wire Transfer, Moneybookers, iDEAL, Nordea and CashU. It only takes $200 minimum deposit in order to start trading with TraderXP. On the other hand, withdrawals can be made through debit or credit cards for free. Meanwhile, withdrawals via wire transfers have $25 service fee, and cheque payments charge $10 plus postage fee.

Summary

TraderXP is a highly recommended binary options broker, offering lucrative payout. The trading platform is very responsive and has a sleek design. It also features great trading tools that help traders minimize losses and maximize profit opportunities. There is a wide range of assets to trade using 4 trading methods with expiry times ranging from 1 minute to 1 week. Overall, there are many advantages that traders can get from trading with TraderXP.