The TradeThunder offers clear advantages specifically to the United States clients as there aren’t many who accepts registration of the US residents, but when it comes to other nationality it seems restrained. The ease of operation on the site, the competitive cost of trading, the support system of the site, and the processes it follows, makes it a good broker. But on the other side, no mention of license for being broker creates some doubts. Also, the focus of the company seems to be more in the US, the UK, and the Canada client, and on day traders, which makes the long-term traders and traders from other nationalities choose it carefully.
The limitations prompted me to check other top binary options broker like IQOptions and Banc de Binary, in order to provide comparative information.
The IQOptions has one of the most intuitive websites and provides learning tools for the newbies. It also has excellent payouts up to 91 percent and allows to deposit as low as $10. Also, it offers minimum investment trade of $1, which is the lowest investment amount allowed per trade by binary options broker. Though it offers a maximum investment per trade at $1000, it has lowest trading amount per option trade is as low as $1, making it the best retail binary options broker. It offers a choice of accounts like the free account, the real account and the VIP account with a plethora of services and options for the traders ranging from newbie to professional binary options trader.
The another one is Banc De Binary, which is one of the oldest binary options brokers who has been around since 2009. It is also known for its generous bonuses including up to 100 percent sign up bonus, referral bonuses, and surprise bonuses which are offered at a will by Banc De Binary. It also offers generous payouts ranging from 60 percent to 91 percent of invested amount. The minimum deposit starts from $250 whereas it allows trading as lows $1 per trade, while maximum investment amount is capped at $6000 per trade. It also offers a variety of accounts to cater to the needs of varied types of consumers; the micro silver accounts for beginners, the standard gold account for intermediate level traders, the personal management account for high-frequency professional traders and the premium account for full-time professional traders. The highlight of the Banc De Binary is that it offered a tailored account for Muslim traders termed as the Islamic trading account which is formed on the principles of Hibah. It also offers an intuitive trading platform with tools to learn the binary options trading for beginners. It offers the highest possible resources about 200 to transact including currency, commodity, precious metal, stock indexes and stocks.
Overall, considering all the aspects of the binary options trading, TradeThunder offers a distinct advantage for the United States residents, as it accepts their registration and allows them to trade on its platform. The US residents have very limited choices in terms of the binary options trading, and hence this can be a good option for them to trade on. But for the rest, I would recommend going for a regulated broker like IQOption or Banc De Binary, who are well established and has a reputation of being the best in the business.
Overall review we will give Trade tTunder 4,8 stars out of 5 as a binary options broker site.
Michael Allen Gives Overall Rating: