TradeRush Review of the Binary Trading Broker 2020

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Brokers » TradeRush

TradeRush Latest Review

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Are you searching for a superb and quite reputable binary options trading broker that can cover all of your expectations and special needs? Are you tired of making new registrations in websites that do not worth it? Are you pissed off investing money in brokers that are scams or not reliable at all We`ve got a solution for you – TradeRush broker! Read our detailed TradeRush review and consider it yourself!

TradeRush Broker History and Company Information

TradeRush broker is based in Cyprus, where its main headquarters, regulation and customer support offices are also situated. The platform appeared on the market only few years ago, but it has managed to become a very popular website for trading with binaries across the entire audience. The regulation body of the broker is Cyprus Securities Commission – CySec – and additionally it receives some huge support for the safety factor by EU. TradeRush is fully licensed and legally supported by the national regulation body in Cyprus and for its short time of presence on the binary options trading market it has proved that you can definitely rely on it.

TradeRush Broker Customer Support and Services

In order to respond to all the client`s inquires and special requirements, TradeRush broker establishes an amazing customer support program. You can always contact the kind customer support representatives – 24/7 – via 2 e-mail addresses or via phone call – there are different numbers for all the citizens that are accepted to trade on this platform. Have in mind that TradeRush allows USA players to trader on its website, too, which is quite rare for the international brokers these days. Last, but not least, TradeRush is happy to present you its brand new live chat on its official web page, too! Use it, when you need some urgent help. The available languages for the support are numerous – including the common English, Japanese, French and German.

TradeRush Broker Binary Options Types

You can trade with different binaries once you make an account on TradeRush website. To find out what the available binary options trades on the platform are, read the following list:

  • Standard binary options – Call options and Put options with return of about 81%.
  • 60 Seconds binary options that are excellent for people, who want fast trading experience.
  • One touch binaries – the expiry period is about 1 week, but the profits are quite intriguing.
  • Option builder – adds a special risk management option for the traders.
  • Option Pro – different expiry time settings and great views of the charts, where you can find the answers for your future trading activity.

TradeRush Broker Features

We begin the features review of TradeRush platform with its payment ratio. It is between 71 and 81%, while the return of the one touch traders can be as high as 500%. The refund is about 15%. On the other side, the assets you can take benefits of on TradeRush website are commodities, indices, stocks and more than 90 different currency pairs. The payment methods are the following: credit and debit card, ordinary bank transfer and Neteller. You can open an account with minimum deposit of $200 and to claim for special VIP account in case you want to spice your trading activity. An education centre for all binary options trading beginners is available 100% for free.

TradeRush Bonus System and Types

Currently, TradeRush broker has up to $5000 welcome bonus and other than that has some nice offers for the affiliate programs, as well as the specially tailored demo account. The demo account allows you to trade without making any deposits in advance. What you lose is at the expense of the broker and if you win something, you do not receive any money, but only the chance to test the system without risking your investments. Be aware that TradeRush broker is always prepared to reward its clients with great bonuses, so check out for promotions once in a while.

TradeRush Software Type and Information

Besides its brilliant mobile version, TradeRush broker is also supported by a good and reliable common software – SpotOption trading engine – which is claimed to be the most trustworthy, when it comes to trading with binaries. It is both – intuitive and easy to be operated with – and you will soon get used to it.

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TradeRush Broker Pros

Do you still doubt about TradeRush broker? If yes, then check out its biggest pros to consider whether this is your type of trading platform:

  • Perfect customer support
  • Strong regulation and safety
  • Variety of binaries and assets to trade with!
  • Amazing interface and intuitive platforms

Now, when you know the details about TradeRush broker, you can easily estimate whether this is the right platform for your trading experience!

TR Binary Options Review

TR Binary Options

Broker TR Binary Options
US Traders Accepted
Company Name Melnic Group Ltd.
Headquarters Bulgaria
Regulation No
Bonus Type Deposit bonus
Bonus Size 100%
Max Payout 81%
Out-of-Money Reward 10%
Trading Platform SpotOption
Early Closure
Deposit Options Credit/debit cards, wire transfer, Neteller, CashU
Deposit Currencies US dollar, euro, Australian dollar, Great Britain pound, Russian ruble, Canadian dollar, Japanese yen, Swedish krona
Minimum Deposit $200
Minimum Trade $10
Maximum Trade $2,000
Online Since 2020
Trading Instruments Currencies, commodities, stocks, indices, pairs
Number of Trading Instruments 182
Binary Option Types High/Low, Pairs, Long Term, 60 Seconds, One Touch, Ladder, FX/CFD
Customer Support Types Web form, email, live chat, telephone, paper mail
Education Offered Videos, FAQ, glossary, eBook, webinars, academy sessions
Tools Offered Market reviews, social trading, interest, double up, rollover, early close
Commission $30 fee for wire transfers after first one for the month, credit card withdrawals free. $10 minimum via credit card, $100 minimum via wire transfer.
Languages English
Demo Account Yes, upon deposit of $2,000. Time-restricted.

When you open the TR Binary Options website, you might get a sense of déjà vu looking at the logo. This is because the “TR” is in the same font as the old TradeRush logo, and indeed, TR Binary Options is a re-branding of TradeRush. TradeRush has undergone quite a few changes, so it is well worth taking a closer look at TR Binary Options and what the site has to offer.

First things first. TR Binary Options is owned and operated by Melnic Group Ltd., based in Bulgaria. The broker is currently unregulated, but still does not accept customers from the USA. TradeRush has had a strong reputation in the binary options community for a long time now, so that same solid standing carries over to TR Binary Options.

Opening an Account on TR Binary Options

After you register on TR Binary Options, you can make a deposit to open an account. Your options are:

  • Beginner Account: $200+
  • Semi Educational Account: $5,000+
  • Full Educational Account: $25,000+
  • Semi Advanced Account: $50,000+
  • Full Advanced Account: $100,000+

Account currencies offered include US dollar, euro, Australian dollar, British pound, Russian ruble, Canadian dollar, Japanese yen, and Swedish krona. You may deposit via credit or debit card, wire transfer, CashU, or Neteller.

There are bonuses offered starting at the Semi Educational Account tier. Bonuses start at 50% and range up to 100% at the top tier. You can also opt for trade insurance ranging between 25%-100%, but the total amount cannot equal more than the total amount of your deposit.

This is actually a very nice feature. Bonuses come with strings attached, and a lot of traders would prefer to skip out on them altogether. Some brokers force you to accept a bonus, but at TR Binary Options, you can opt for the trading insurance instead.

At the bottom of the accounts page, you will notice that “supervised demo accounts” are offered as well. This feature looks to be highly restricted, and appears to be contingent upon your deposit amount. You probably will not get access to an unlimited demo account; most traders look like they are stuck with 30 days or less to practice. This is better than nothing, but not really sufficient. There are other brokers that offer unlimited demo testing. With unrestricted demo testing, you can continue testing as long as necessary before you risk real money.

As to other educational features and trading tools, TR Binary Options appears to be quite generous. Even if you open a Beginner Account, you will get access to educational videos, an eBook, market reviews, webinars, and 24/7 support. You also get an account manager for the first month. As you climb up the tiers, you are given more benefits, including additional webinars, academy sessions, bonuses and trading insurance. At the highest tiers, you also can earn interest on the money in your account.

Withdrawal Rules

TR Binary Options is very reasonable when it comes to withdrawing your money. There is a minimum withdrawal threshold, but it is only $10 if you are using a credit or debit card. The threshold for a wire transfer is $100. On most other binary options sites, $100 is typical as a minimum threshold for all methods.

You don’t appear to have much to worry about in the way of fees either. TR Binary Options states that withdrawals processed via credit card are free. Wire transfers are $30 (which is the industry standard), but the first one each month is also free. So when you want to withdraw your money, you can withdraw all of it. On competing sites, you can lose quite a bit through fees.

Trading on TR Binary Options

When you trade on TR Binary Options, you will be using the popular SpotOption platform. This platform is practically ubiquitous; the vast majority of binary brokers are using it, so there is a chance you already know exactly how to use it. If not, you can easily learn your way around in minutes. You can trade on your desktop or laptop.

There are 182 financial instruments you can trade on TR Binary Options including stocks, currencies, indices, pairs, and commodities. That is a very large selection, better than you will find on most binary options websites. There are also quite a few different types of trades: High/Low, Long Term, 60 Seconds, Pairs, One Touch, Ladder, and FX/CFD. So this gives you numerous opportunities to make money using different strategies.

The minimum trade size is only $10, and the maximum is $2,000. This is a lower floor and a higher ceiling than is typical, which is great for those with larger and smaller bankrolls. By contrast, a lot of other sites will force you to start out trading $25, which would be a bit high for those making just the minimum deposit.

Various tools are offered to help you trade. You can view social trading right there on the platform, and you can also use double up, rollover and early close to control your trade exits. You also can get out-of-money refunds on losing trades ranging up to 10%.

If you need help while trading, you can contact customer service via live chat, telephone, web form or email. No one was staffing the help desk when I checked, which was discouraging, but I had good experiences with TradeRush customer service, so perhaps this was a one-off. Still, I recommend you check in with customer service and test them out for yourself. Make sure you are pleased with the service that TR Binary Options offers and feel comfortable depositing your money.

Conclusion: TR Binary Options Is Still a Good Choice for Traders

TradeRush has added and changed features over the years, and obviously now has a different look and feel. But as the newly re-branded TR Binary Options, it continues to offer a high quality service. Everything I have seen researching this site indicates that it remains a solid platform and a good choice for traders who are outside the USA.

TR Binary Options , 3.8 out of 10 based on 6 ratings

TradeRush

TradeRush are no longer trading. For a list of alternative brokers, and full comparison reviews, visit our brokers page.

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TradeRush Review – Archive

Editor’s Review of TradeRush

With its headquarters located in the key financial district of Limassol, Cyprus, TradeRush is one of the binary options brokers that use the SpotOption white label solution.

Bonuses and Promotions

There are various bonuses and promotions offered by TradeRush. Traders can get as much as 75% bonus when they sign up for new accounts. Minimum account opening balance is $200. Actual account bonus will depend on the account type opened. There are four account types: micro accounts, Gold, Executive and Platinum accounts.

Traders can fund and withdraw from their accounts with credit/debit cards, bank wire and Moneybookers (Skrill). Only one free withdrawal is allowed per month. Subsequent withdrawals attract a $25 fee.

Account Information

Opening an account is very easy. All the trader needs to do is to go to this webpage (insert affiliate link) and fill the online account opening form. Once this has been completed, the trader is sent his trading account number and password with which to get access to the trading platform. The TradeRush platform is web-based; there is no need to download any software.

Being a SpotOption white-label partner, TradeRush offers the following binary options trade contracts:

a) Classical Call/Put: Here, traders are betting on whether the price of the asset will rise or fall within a selection of pre-set expiry times.

b) High Yield Touch: Here traders can trade a contract that offers a high payout approaching 500% if the asset touches an ambitious strike price either to the upside or downside.

c) 60 Second Option: This option allows traders to purchase contracts with a 60 second expiry. This is the only options contract that can end in a breakeven position if the price of the asset remains unchanged on expiry.

d) Option Builder: Customizable options for the trader.

There are other special features such as the Rollover and Double Up features that allow traders to carry over positions and double their stake in an active position respectively.

Platform Features and Markets Offered

The underlisted assets are traded on TradeRush:

Currencies: EURUSD, USDJPY, EURJPY, USDSGD, USDZAR, USDCAD, USDRUB, USDBRL, GBPUSD, EURGBP.

Stocks: Sberbank, Lukoil, Turkcell, Amazon, Reuters, BP, Barclays, Google, Gazprom, Nike, Citi, Microsoft.

Commodities: Gold, silver only, cotton, sugar, corn, wheat, coffee, platinum, crude oil.

Stock Indices: Dow, Nasdaq, FTSE100, MICEX 10, Shanghai Stock Exchange (SSE), Bombay SE, Kuwait General Index, Hang Seng, Tadwul, ISE 30 Turkey. Dax, ESX (Egypt), MSM 30, ASX,

The maximum allowable exposure on a trade is $1,500. As long as this value is not exceeded, traders can purchase as many contracts as possible.

Successful trades offer returns of 70-85%, while trades that expire out of the money will offer returns of 0-15%. This allows the trader the opportunity to gain back up to 15% of his invested capital even in the event of a loss.

Traders can maintain accounts in Euros, British Pounds, US Dollars, and Japanese Yen. Once an account has been opened in a particular currency, it is not possible to change this. Traders are therefore advised to choose this option carefully.

Customer Service

An English-only customer support platform that supports live chat, email and toll free calling services is available for traders most of the trading day. Traders can use any of these methods to resolve any nagging issues regarding accounts.

Final Word

TradeRush is one of the brokers that provide a fair market playing field for all participants. Traders have ample opportunities to make money from the different binary options contract types. It is left for traders to take advantage of the opportunities on TradeRush by signing up now.

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