What are you looking for in a binary option broker? The answer may depend on your skill level. Inexperienced traders might be interested in a site which provides plenty of help and information. Experienced traders might be interested in high returns and plenty of investment options.
TradeRush.com caters to traders of all levels with both tutorials and extensive investment options. Are they the broker for your needs? We took an in-depth look at TradeRush – check out our full review below:
Intro to TradeRush
TradeRush first appeared online in 2011. They’re fully licenced and regulated by the Cyprus Securities and Exchange Commission. Not every broker is regulated by a governing body, but we tend to prefer ones which are. Because TradeRush is regulated by the European Union, your funds will be safe, the operations of the site will be transparent and payments will be processed securely.
Overview of Trading Platform
Experienced traders will find TradeRush familiar, since they use the popular SpotOption trading platform. All the standard trading tools are present: Call/Put, 60 Second, One Touch and Option Builder.
TradeRush also offers several unique tools, too. Traders can view the remaining time left when buying a given option. They can also view time until expiry. There’s also Option Pro, which lets traders create and manage advance charts related to their trades.
The trading platform is available on Android and iPhone devices, too. Not every broker offers this, so we were really impressed. Almost everything you can do on the site you can also do on a mobile device.
Profit and Return Rates
TradeRush offers some of the highest return rates of any broker. For their 60 second options, they offer up to 81% returns. They also offer Welcome Bonuses up to $5000 (of course, this involves a pretty substantial initial deposit on your part, but smaller bonuses are also available).
Overview of Assets and Expiry Times
TradeRush offers over 100 financial assets to trade in. They’re organized into commodities, stocks, indices and currencies. The fifty commodities include oil, metals and foods. Stocks include McDonalds, Google, BP and other international firms. Indices include most major international exchanges.
Assets can be traded only when their respective markets are open. We found the offerings on TradeRush were diverse enough that numerous markets were open whenever we wanted to trade.
Deposit and Withdrawal Info
The minimum deposit is two hundred units in dollars, pounds or Euros. The minimum trade amount is $10, with the maximum set at $5000 (or the equivalent in the other currencies). Deposits can be made with Visa, MasterCard, American Express, Diners Club, JCB, wire transfers, BitCoin, Liberty Reserve and MoneyBookers. Note that, because of international rules, withdrawals are always returned to the same method used to make the deposit. For instance, if you use a credit card to make a deposit, your withdrawal will be sent to that same card.
We had no problems with withdrawals. Wire and credit card withdrawals take about two days to be processed, and then about two weeks to go through the various international banking avenues. This is the industry standard.
Opening An Account
There’s no fee to register with the site and look around. If you do want to open up an account, the minimum deposit is $200. TradeRush really seems to encourage new visitors to check out the site without having to make any financial commitment.
Additional Features/Bonuses Being Offered
TradeRush is committed to trading education. They offer numerous resources, including the e-book “Binary Investment Platform: Brief Guide.” All of the resources, including the e-book, are free – you don’t even have to register beforehand. TradeRush also hold regular live webinars on various trading topics.
Customer support was available Sunday through Friday. Support is mainly via email, although there are several international phone numbers available as well. We found support to be very responsive. Our email was answered one day after we sent it.
TradeRush is reliable, secure and offers a lot of investment options. So we recommend it to the experienced binary trader. We also recommend the site for the new investor, too. With their Information and Market News sections, TradeRush has a ton of great ways to learn about binary trading. Overall, no matter what your skill level, we think you’ll find a lot to like about this broker.