TradeRush Review.
TradeRush launched their trading platform back in 2011, and have since become one of the most popular Binary Options brokers online. They are owned and operated by Altivex Limited, a company incorporated in Cyprus, but with offices at Suites 41/42, Victoria House, 26 Main Street, Gibraltar.
TradeRush has been scrutinised heavily by our review team, as they are an unregulated broker. We are happy to reveal that we have no concerns with them whatsoever. They operate with integrity and professionalism at all times and in all areas. All deposit and withdrawals are taken care of without issue, and TradeRush even has a specific department for this process. They are even proud to state that they offer some of the fastest withdrawals in the industry, a claim we can endorse.
There are several reasons why TradeRush have become so popular. One of these is their multilingual platform that offers accounts in English, Arabic, Russian, Japanese, Spanish, French, Italian, Swedish and German. They also accept traders from all territories except the USA, Israel, Turkey, Gibraltar and Cyprus. This broker has been operational since 2011 and developed a very strong presence in the world of Binary Options in that time. They are commended for offering a fantastic trading experience and come highly recommended by TradersAsset.
Trading Platforms and Features.
TradeRush uses the incredibly popular SpotOption trading platform. This is a web-based trading platform that requires no downloads or installation. Simply point your browser towards the broker website, register and trade. It’s that simple. This quick registration and trading process is one of the key selling points for TradeRush. Another selling point is their highly competent support team who will offer assistance should you need it at any time. TradeRush also offers fantastic IOS and Android apps for mobile devices. If you do not have a trading account, you may register directly on the app and begin trading right away. The apps are very versatile and offer almost all the features of the web platform.
You can trade with Commodities, Currencies, Indices and Stocks at TradeRush. They also offer an interesting "Pairs" asset, whereby they combine a number of Commodities and Stocks to offer an asset similar to a currency pair. This is an interesting twist on the more widely available Binary Options assets and is unique to the SpotOption platform.
The options offered include High/Low, Option Builder, OptionPro, One Touch and 60 Seconds. Option Builder is unique to the SpotOption platform. It allows traders to create and customise all elements of their binary option, including the asset, investment amount, risk/profit ratio and the expiry time. OptionPro allows traders to access greater detail on the asset by providing better charts, advisable for traders performing a technical analysis. The High/Low, One Touch and 60 second options are well known foundations in binary options trading and work very well within TradeRush.
Trading Accounts and Payouts.
The payouts at TradeRush vary from 70% to a maximum payout of 81%. This may not seem as high a payout amount as a number of other brokers, but that’s not an issue. Instead of getting into a payout bidding war, TradeRush offers a number of tools to increase your chances of making winning trades. This includes customising your options and a resourceful trading educational team. High yield traders will still have the opportunity to earn up to 500% using high yield One Touch options.
TradeRush offer demo accounts once a deposit of $500 has been made. The minimum deposit of $200 will open an account with TradeRush, however, a number of other account options are provided. The Mini Account requires a deposit of $250, the Standard Account requires a minimum deposit of $200, The Executive Account requires a deposit of $1,000, The Gold Account requires a deposit of $5,000 and the Platinum Account requires a deposit of $10,000.
Please discuss the unique features of each account with the TradeRush support team at time of registration to ensure that you are picking the correct account for you. Don’t forget to ask them what offers and bonuses are available for new traders. We’ve noticed that TradeRush offers attractive bonuses to loyal customers, but they also provide new customers with bonuses of up to 100%. These offers are not publicised, but a quick mention to support on signup should be all you require to claim these. Terms and Conditions are attached to all bonuses awarded at TradeRush, as you’d expect, but they come with only a 30 x trading volume requirement, one of the lowest.
Banking Options.
We believe that one of the reasons for the success of TradeRush has been in no small part due to their range of deposit and withdrawal options. Traders funding new accounts may use Wire Transfer, popular Credit and Debit Cards such as Mastercard, Visa, Diners Club and American Express. Electronic deposit methods accepted at TradeRush include Neteller, Skrill, and even Bitcoin.
Traders looking to use Wire Transfers must deposit more than $500 to qualify for free transfers. Anything under $500 will incur a $30 fee. We advise you comply with the "Know Your Customer" requirements imposed by TradeRush, and get your account fully verified on registration. This will not take very long and once you have been verified you will be able to take advantage of their large array of withdrawal options.
The minimum withdrawal amounts are $30 by credit/debit cards and Skrill or $100 by Wire Transfer. All deposits made by a Credit/Debit card must be withdrawn by the same card. There is no fee to withdraw your earnings by card, however the maximum withdrawal amount cannot exceed the amount initially deposited. All additional funds at withdrawal will be sent via Wire Transfer. Please note that any withdrawal using bank transfer services will incur a $30 fee.
Support.
The support services at TradeRush are extensive and professional. They offer support in English, German, Russian, Spanish, Italian, French, Arabic, Japanese, Portuguese and Greek.
Each of these languages includes email support (24/7), phone and Livechat support (24/5 on weekdays). We felt that the Livechat support was the most efficient, and our issues were dealt with quickly and efficiently. The email support is a little hit and miss and can be long winded. We recommend you stick to the Livechat support feature and give them a call if you require more help.
Worthy of mention here at TradeRush are their educational resources. Traders of all levels can learn more and hone their trading skills using the available Video Academy, Binary Options Courses and Binary Options eBook. These resources are fantastic and they are free. Simply visit the site and have a look for yourself. Traders that require a more personal touch can benefit highly from the dedicated account manager feature that TradeRush offers. The account managers are highly attentive and are financial professionals with a lot of trading experience. We feel that novice to mid-level traders can benefit hugely from the expertise of the TradeRush account managers.
Why Trade at TradeRush?
Having been firmly established for many years now, and being a Gibraltar based company gives TradeRush much credibility. Thanks to their highly effective mobile and web based trading platforms, which collectively offer a number of trading options and assets, TradeRush is a highly attractive broker for traders of all levels.
The resources available to educate traders are definitely worth a mention here. TradeRush seem to be dedicated to educating traders so that traders understand the tools and features available to them. They seem to do this in the hope that traders enjoy and succeed at trading.
The Executive Account provides a dedicated account manager that will help you master your strategies. It’s worth noting that once you have made a deposit at TradeRush, you mau attend their regular live webinars. These are an ideal way for you to expand your trading knowledg at no cost, other than your deposited amount and your time.
They lose one star for being unregulated, however their "open door" policy to traders from almost all territories, a world-class multi-lingual support team and numerous deposit and withdrawal options means TradersAsset has no hesitation in recommending TradeRush.