Tag Archives: cherry trade

How Do Scam Brokers Operate and How to Identify Them

The binary options industry is changing rapidly and becoming more regulated and professional. However, there are still some brokers who manage to slip through the cracks and operate a scam business designed to be short-term profit maker based on defrauding traders and stealing their money. How To Identify These Brokers: Seek Regulated Brokers: An officially accredited broker would risk losing their license. An official CySec license for example costs around 200,000 Euros, and also includes various ongoing fees. Too many complaints will get the broker sanctioned, and ultimately they will have their license revoked without the ability to get their …

Cherry Trade Review

Cherry Trade is a the newest, and probably sleekest new binary options broker utilizing the Spotoption software and offering 60 second options for traders world wide including the USA. Trader’s Snapshot: Minimum Deposit: $200 Minimum Trade: $5 On 60 Seconds Accepting US: Yes Demo Account: No Secure Trading Environment: Cherry Trade provides a completely safe and insulated trading environment. The cashier, as well as all your financial transactions are coded and stored using a 128SSL encryption key. Management is very aware of issues such as identity theft and credit card fraud, so all your credit card information is hidden and …