Traderush Broker Review
Traderush Broker ReviewApril 9, 2013
Traderush is probably today’s number one Spotoption-powered binary options broker. Hailed by novice as well as more savvy traders, Traderush offers a superb trading arena coupled with first class support and a a VIP program that is the envy of the industry.
Traderush’s asset index offers a rich and diverse set of technology, pharmaceutical, and automotive stocks. You will also be able to find commodities such as gold, silver, copper, and crude oil barrels, as well as indices like the S&P500, and Forex or currency pairs trading.
Multi-Language Support: The Traderush team consists of analysts, traders, account managers, and support reps. The customer service department works 24/7 including weekends and nights to provide support in English, French, German, Spanish, Japanese, and Arabic.
Traderush has top-notch, free instructional videos and tutorials designed to get you started. The FAQ section is very insightful and the charting and demo-account is probably unrivaled in the industry.
Special Features Include:
- 60 second options (The Best)
- 85+ assets available to choose from
- Up to 15% return on trades if your contract expires out of the money
- One Touch options with up to 500% return on invetments
- Up to 100% deposit bonus on you initial purchase
- Custom Option Pro Charting Software
Effective Return on Your Investment
This broker offers up to 81% return on trades that expire “in the money”,but also (and this is crucial) up to 15% return on trades that expire out of the money (AKA losing trades) with an effective return ratio of up to 96%!
Diverse Options Expiry Range
TradeRush management offers 60 second contracts, 15 minutes, 30 minutes, 1 hour, 2 hour, end of day, bi-weekly and monthly contract – all with corresponding expiry times.
Signing up is easy and smooth. The second you complete the registration process you receive an email and a request to schedule a phone call in order to verify your identity. This immediately tells you Traderush places a lot of emphasis on security and safety.
Fees and Commissions:
TradeRush does not charge fees or commissions for any trades made on their platform. You can trade freely as much or as little as you want without incurring fees. The profit model is not structured like the traditional brokers have it set up. The CySec-licensed brokers simply require that you deposit and trade with a balance that you accrue. It is worth noting that there’s a $30 charge for cashing out money, this however does not include the first cash out of each month which is totally cost-free.
Promotions, Loyalty, and VIP Membership
TradeRush management understands how to entice traders and offer unusually aggressive deposit and cash back bonuses. To get the best possible offer don’t hesitate approaching the support staff and asking for better deal on your deposit.
This broker also provides same-day withdrawals for VIP or high-volume traders. This has proven to be of particular importance and we have received confirmation on this from one of our colleagues who is a consultant at Dean Witter and also a VIP trader at TradeRush. My friend received a whopping 65% cash back on trades that expired out of the money and leveraged this to increase his bank roll and withdraw his money.
Deposit Methods: Visa, Visa Gold, Visa Black, Mastercard, Eurocard, Debit Cards, Amex, and American Express Platinum, Diners Club
Purchasing and Withdrawal Methods:
Wire Transfers, the MoneyBookers (Skrill) E-wallet, CashU.
Conclusions and Recommendations
TradeRush ranks extremely high primarily because of the great trading environment the platform offers, but also because of the high level of multi-language support and aggressive promotions it offers. The asset index is rich and diverse, and the features allow you to trade easily and quickly without having to deal with too many unnecessary steps or requirements. The overall score this binary options broker receives is 9.6/10.
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