TropicalTrade understands the importance of providing security and privacy especially with regards to financial information and transactions of its customers. They safeguard personal and banking details of their customers by a system that is secure and operated by professionals in the field. Like other brokers, they have also incorporated the SSL encryption system.
Deposits and Withdrawals
The minimum deposit amount on this platform is 200 Dollars which can be effected using various methods. One can be able to make a deposit using credit and debit cards. Cards that are used here include MasterCard, Visa, Switch, Solo, Delta, Diners Club and many more. One can also use Neteller and bank wire to affect both deposits and withdrawals. The broker has a maximum withdrawal limit of 20,000 Dollars which is quite a sizeable amount especially to individual traders. The depositing and withdrawal process is quite simple but the trader has to follow the laid out regulations in ascertaining and authenticating his/her account. A withdrawal request can only be sent once the account is fully authenticated.
Accounts are offered in a number of currencies including the British Pound, The Dollar, Canadian Dollar and the Australian Dollar. The broker also offers a free demo account to new traders who are hesitant in trying out trades right away.
When trading in binary options, it is important for a trader to be well informed about the operations in this type of trade. Well-informed traders perform exceptionally well in terms of returns on their investments. That is why TropicalTrade has invested heavily on the TropicalTrade Academy. It has experienced and well seasoned traders who show others how to analyze prevailing market trends and how to be able to identify wise investments in the binary options field. They help to educating others on good money management strategies and the ability to minimize risks when trading. This goes a long way in enabling struggling traders to come up with great trading strategies and build a very good trading portfolio.
TopicalTrade also offers a one-on-one training session with one of their traders who actually guide traders that are in need to set out on the right path especially in relation to the binary option trade. The broker also features a library full of eBook and training videos which are a huge resource base to most traders. This is not only targeted for the newbies in the business but also the seasoned and advanced traders who from time to time need to re-orient themselves with the prevailing market conditions.
This broker is relatively new in the industry and has currently no mobile app for trading. It is whispered that plans are underway to integrate this very crucial platform into their system for the Android, iPhone and iPad mobile apps. The mobile platform is very useful because it enables traders to perform trading activities anytime even when they are on the go.
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