The Best Binary Options Broker 2020!
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Full Review about TradeRush
- Established in: 2020
- Minimum deposit: 200USD/EUR
- Maximun Return: 500%
- Jurisdiction: Cyprus
- Licenses: CySEC; MiFID; FCA
- Mobile Platform: Yes
- Apps: Yes
- Live Chat: Yes
- Demo Account: No
- Payment Methods: Bank Transfers, Credit Cards: Mastercard, Visa, Diners, American Express, Maestro and JCB, Moneybookers (Skrill)
Traderush is an online broker active since many years ago. The original UK platform was founded in 2020 and today has offices throughout Europe and the United States. The headquarters of Traderush Ltd. are located in Limassol, Cyprus.
Traderush Investment Tutorial Video
When you create your account you must choose your preferred currency: dollars, euros or pounds. Please note that once you register you can’t change your preferred currency.
- Over 20 of the most used currency pairs including EUR, USD, JPY, Bitcoin, AUD, GBP among others.
- 10 commodities including gold, silver, oil, coffee, corn and wheat etc.
- With Traderush you’ll be positioned to take advantage of US, European, and Asian Market giants such as Deutsche Telekom, Facebook, General Motors, Apple, McDonald’s, Netflix, Amazon and IBM etc.
- You’ll have access to close to 30 stock indices such as Nasdaq, S & P 500, Dow Jones, Qatar, Dax, Hang Seng, Kuwait …
Types of Options and How to Buy
- Select your asset
- Choose a CALL or PUT option depending if you anticipate the price of the underlying asset will rise or fall.
- Enter the amount to invest.
- Click apply to se the operation in motion.
The Above/Below options offer a yield of between 70% to 81% If you are interested in higher returns try the One Touch options which can yield up to 500% return.
Traderush offers standard binary options as well as one-touch. Additionally the platform offers 60 second operations. 60 second operations are best if you are hunting for trends and looking for a return of up to 80%. No matter which options you choose, keep in mind the following four factors: the current asset price, time of expiration, the size of the operation, and benefit risk analysis.
With “Option Builder”, you can customize some parameters of your options, increasing your profits while reducing your risk of loss. “Option Builder” is great if you want to develop your trading strategy without limitations. You can tailor your investment to any circumstance.
For professional traders, Traderush offers the “Pro Option” platform. Pro Option provides you with much more information about the various transactions you make across markets. A noteworthy addition of the “Pro Option” platform is pair invest. You can negotiate with pairs of together facing assets, generating profits from this exciting strategy.
If you invest on Traderush, you can benefit from two great features “Rollover” and “Fold”. “Rollover” allows you to postpone the expiration time of the option if you are at risk of expiring out of the money. “Fold” allows you to duplicate the operation if it will lead to high profits. These two features will prove very useful in your daily trading activity.
You can begin making investments with just a minimum of $5.
As of May 2020 the TradeRush website was not directly accessible and was redirecting to a new website. The TradeRush brand seems to have disappeared and to be replaced with a new brand name. We have not reviewed the new website and cannot testify to any claims made there.
TradeRush is domiciled in Cyprus. When its platform was launched in 2020 it was the first binary options broker to introduce 60 second binary options to the online trading community. TraderRush offers high quality trading tools and a good selection of trading options. There are a total of 104 financial assets to trade. Within just a few years, TraderRush has become one of the leading binary options brokers in the industry.
There is only one standard account at TradeRush. The minimum deposit to open a trading account is $200 and the maximum deposit is $10,000. Credit card information is not required in order to register. Accounts can be funded in USD, EUR, GBP, AUD, RUB, SEK, CAD & JPY currencies but a change in the currency selection after registration is not allowed.
TradeRush currently offers 60 second trading on most major currencies, gold and DAX Futures and RTS Futures.
There are no margins, spreads or other fees for maintaining a binary options account at TraderRush. Payouts can be as high as 81%.
OneTouch Trading with TradeRush
Among the different trading features at TradeRush, the Buy-Me-Out option is the most unique. Traders are offered the option of utilizing stop/loss strategies by selling a trade for a fixed price within a time frame of one hour prior to expiry.
Traders who find themselves close to their expiry time, and who believe their predicted direction is on a roll, have the chance to “do it again” by clicking on Double Up. By doing this, a trader can create a new trade with the same conditions, for the current price of the asset. Using this feature gives traders an opportunity to increase their investment and thus, double their profits.
The Rollover choice is a powerful stop loss strategy that allows traders to postpone the expiry of their option. If the market disagrees with a trader’s prediction and it is not going to be on target by the upcoming expiry date, he/she can activate Rollover with the click of a button providing an additional opportunity to close in the money.
The TradeRush Option Builder offers traders a way to customize their trades in all aspects. Using this feature a trader can decide the precise risk reward ratio to suit his/her style of trading and portfolio size as well as precise expiry times. The Option Builder allows traders to implement the trading strategies that work best. Traders can trade in the way that’s best for them, monitoring their risk management and timetables to create the strategy with the highest yield.
OptionPro is their newest feature, offering traders advanced charting for each available asset that lets traders see historic trends in their underlying assets. This is ideal for traders who trade using technical analysis to see larger and historic trends for their assets. Traders can select their asset and change the history or zoom of their chart by accessing the HISTORY button at the bottom left of the screen. They can see charts from 5 hour increments down to 15 minute increments.
In order to become a more successful trader, TradeRush offers several educational tools. At the TradeRush Academy, traders can find an interactive binary options eBook, complete with a glossary of binary options terminology is available. The entire e-book is available online for registered traders and can be accessed just as easily by non-registered viewers.
The TradeRush video academy consists of a platform walk through and an instructional guide on how to properly execute a binary options trade. In addition, other video courses cover advanced trading techniques, such as binary options trading psychology and money management techniques.
Traders of all levels are invited to attend any of the numerous live webinar sessions. Top TradeRush senior analysts offer over 9 different webinars, ranging from subjects such as a platform walk through to learning how to read candlestick charts and VIP webinars.
A weekly and daily binary options market review is presented as well as an individual daily reviews on the stock market, indices, Forex and commodities. There is even a monthly market review. At the time of this TradeRush review the monthly report for March had already been uploaded.
Technical and fundamental analysis is also provided.
At the time of writing this review TraderRush was offering a bonus of up to 50% on any investment made. In addition, anyone registering for an account receives a free eBook trading guide.
New account holders may receive a bonus on their original deposits but these bonuses are provided by telephone on an individual basis only.
Custom option Pro charting
Accounts can be funded at TradeRush using multiple methods. Those methods are Credit cards, debit cards, wire transfer, Skrill/MoneyBookers, CashU, iDeal, Neteller and BitCoin.
Withdrawals are made through TraderRush’s finance department. There is no fee to withdraw via credit card, however any withdrawal using bank transfer will accompany a processing fee of $30.The minimum withdrawal depends on the trading account currency and deposit method–$30 via credit cards, $100 via wire transfers.
Trading can be done at TraderRush 24/5. Customer support is offered 24/7 via email and chat, or by phone to 20 different locations, with a local phone number in the US and Canada. The platform and support are available in 9 languages.
Navigating the TradeRush website is easy and the different asset preferences and trading styles as well as high payout levels definitely meet the needs of most binary option traders. Its genuine professionalism and trader-friendly features prove that TradeRush is not just one of those new brokers trying to tap into current trends.
The financial trading tools at TradeRush are considerably above what most other binary option brokers offer. The 60 second options trades is perhaps the main feature of their options trading platform, but others, such as their Pro Trader and Option Builder tools stand out as well.
Unfortunately there is no TradeRush demo account which is a shame as we believe it would help traders feel a little more comfortable. Their financial market news, however, is equally above average and they provide decent educational material for both beginners and advanced traders.
- Broker’s Name : TradeRush
- Headquarter : Cyprus
- Regulation : None
- Type of Broker : Binary Options
- U.S. Clients Allowed :
- Minimum Deposit : $200
- Maximum Gain : 81%
- Minimum Position : $5
- Account 1 : One Touch
- Account 2 : 60 Seconds
- Account 3 : Option Builder
- Demo Account :
- Islamic Account :
- Segregated Account :
- Managed Accounts :
- Institutional Accounts :
- Deposit Options :
- Withdrawal Options :
- ETFs :
- CFDs :
- Commodities :
- Metals :
- Stocks :
- Oil :
- Gold :
TradeRush was one of the first brokers to operate on the premier SpotOption trading platform. They were also the first to implement the extremely popular 60 Second Binary Options.
The TradeRush trading platform is one of the places to start trading in assets and commodities for traders who are at the beginning of their career. It also gives the opportunity to make quick money from short-term investments in terms of valuing the assets they hold.
The proprietary platform used by TradeRush is user-friendly and easy to navigate.
Standard Binary Options Platform
The platform has several features that set it apart from most other binary options brokers. All options are listed on the landing page and each one notes exactly how much longer there was to place the trade and how much longer there was until expiry, rather than just listing an expiry time as many other options brokers do. In addition, the time left to trade appears clearly just above the payout percent on the asset being traded.
There are five different trading options available and they can be accessed easily by the clearly defined tabs on the trading program page. Traders can choose from five different trading options, including OneTouch, 60 second, Option Builder and the standard binary options trading platform. For the Option Builder, the minimum trade size is $100, and the maximum trade size is $1000, slightly less than the standard maximum of $1500 for the other option types.
TradeRush offers a mobile trading application available for both the android and IOS platform. The mobile app offers all the functions and features available on the standard platform, but designed especially for the smaller handheld devices.
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The Best Binary Options Broker 2020!
Good for Beginners!
Free Education + Free Demo Account!
Get Your Sign-Up Bonus Now!
Only For Experienced Traders!
|No. Of Assets:||125|
|US Traders:||Not Accepted|
Notice: TradeRush is now TRBinaryOptions. Please check the updated review – TRBinaryOptions Review.
Editor’s Note – Why does TradeRush Suck in 50 Words
As we promised our readers, we’ve been tracking TradeRush progress and the results are positive – TradeRush is making progress but is still not a broker we have a lot of faith in. We have come up with one nagging problem the site just can’t seem to shake; repeated complaints of screen freezing and other glitches that affect trade outcomes.
Why doesn’t TradeRush Suck in 50 Words
TradeRush has great trading tools and even better trading options and since inception they have made great improvements. This is mainly because of their partnership with the SpotOption platform, but these advantages are only the minimum requirements to become a reputable broker.
TradeRush Review – Rushing Nowhere
TradeRush is a standard binary options broker based on the original SpotOption platform. The brokerage was launched in 2020 and is owned by Marblestone Partners Ltd., a company located at 1A Arcade House, Temple Fortune, London, UK, NW11 7TL, Company No. 09205858. They are not regulated and this is a big minus. TradeRush was listed in many review sites as a refreshingly innovate binary options broker and the ongoing updating of this broker’s site is an example for many other new binary options brokers. TradeRush platform is based on SpotOption 100% web based platform so there is no need for any software to be downloaded.
TradeRush offers its customers fair In-the-Money returns but the main advantage of the platform lies in the extra features. The platform supports a wide array of expiry ranging from 60 seconds to 6 months, but there are many others- One Touch options for weekend trading, Option Builder which allows you to pick risk/reward ratios and Pro trader for advanced traders and interactive charts. The asset list is fairly extensive, like most other SpotOption labels. There are over 150 indexes, commodities, forex pairs and stocks. These are matched by several types of options including the standard high/low binary, One Touch and 60 Second speed trading. However, it seems like the returns do not match the other features in their quality. The maximum profits are around 75%, average to low compared to the biggest and most respected brokers.
Overall the brokerage has a mediocre feel about it, without something special that could attract people to deposit. The features they offer can be found with other brokers and the fact that TradeRush is still not regulated in August 2020 makes me say that you are probably better off joining another company, possibly one of our Recommended Brokers.
Is TradeRush a Scam?
TradeRush does not feel like a scam but we here at BOTS have found enough wrong to not recommend them. The withdrawal procedure has been a nagging problem with this broker for some time and is a leading cause of complaints. Adding to this the fact that it is not regulated lowers its standing. However, the number one thing we find wrong with the platform is a common problem reported by its users; the platform freezes, pauses, locks up and other glitch type issues that impede trading and lead to losses. Company is not yet regulated and this raises more questions, considering that they have been around since 2020 so they had plenty of time to seek regulation. Update August 2020: Through the passing of time they did not improve much, however we feel like TradeRush is not a scam, just an out-of-date broker.
In ThatSucks.com (former BinaryOptionsThatSuck.com) we do the research! While searching the web for any information regarding TradeRush we came across many complaints, mostly the usual “they didn’t give my money back” ones which every broker gets. Some of the other complaints were people who were offered a demo as they deposit but then, instead of any demo, they received tons of trading guides and were told to read them in order to learn. Many of them claimed to have lost their money in the end. The complaint that most troubles me, and one that I say several times, is that the platform freezes in mid trade causing you to lose out or miss profitable opportunities.
TradeRush offer bonus factors of up to 100%, quite a lot and maybe even unnecessary, I will let the traders decide. Other than that, the bonus factor is fair. Depending on which bonus you take there will be a minimum trade volume of 20, 30 or 40 times bonus + deposit. a lot.
Some sites only talk about deposit, On thatsucks.com we are not worried about that because we know deposit is easy. Here the most important part we care about, which could also be seen as the most important thing in binary options – is withdrawing your profits. Withdrawals can be made to CC, bank wire or MoneyBookers. The minimum withdrawal is only $30. Most withdrawals are free, but there is only one free wire transfer each month, after that each costs $30. Typical withdrawal will take up to 7 business days, or nearly two weeks.
There is not much to set TradeRush apart from other brokers. It is just a standard SpotOption white label and like the other 200 or so of them out there. In you are looking for extra features, special additions, unique offerings or service above the norm this is not the place to find it.
User Friendly 18/20
TradeRush platform is a 100% web based SpotOption platform, with no need for any software to be downloaded. TradeRush website is pretty modern, navigating is easy, trading experience is good except for random screen pauses and most information is quickly available. The trading area has only problem- in order to view information about a specific asset, a trader should go to the asset index and then click on the asset for information. Available in 6 languages including English.
No. of Assets and Expiry time 19/20
There are over 125 assets to trade including stocks, indices, commodities, forex and pairs. TradeRush overall amount of assets is fair, average compared to most other brokers. TradeRush expiry times are fairly wide during the day, starting from 60 seconds until the end of the day for most assets and out to tomorrow, end of the week, next week, end of the month and on out for up to 6 months on some heavily traded assets.
Commissions, Support and Effective return 14/20
TradeRush doesn’t charge any fees or commissions from investors when they first deposit or purchase options. Withdrawals are charged $30 after more than one transaction per month, or if the withdrawal is via wire transfer. TradeRush support is available via only 2 international numbers- USA or UK, or via email. The live chat service is just OK and available quickly during most hours of the day (less on traffic hours). The effective return is among the average-low in the industry- 65-75% In-The-Money with a 70% average return for most assets. The Out-of-Money refund is average, between 0-10%.
Deposit, Payment and Bonus 16/20
TradeRush Minimum deposit is average – 200$ or 200€. Deposit is available via C.C., Wire transfer, Cash-U and more. Withdrawals are generally available via the same methods with certain charging fees. Traderush usually offer a bonus of up to 30% to new customers. Just recently TradeRush decided to increase the Bonus percentage with a great 100% bonus for bigger investments (500$+). Most withdrawals, after clearing bonus requirements, will take about 2 weeks to process and clear into your account.
Website Extra’s 13/20
Traderush would have some unique features, if it wasn’t one of hundreds of other SpotOption white labels. Overall, there’s nothing unique to this broker, but the spotoption’s technology covers for it.
TradeRush Overall Rating: 80/100
I am In South Africa and was introduced to Trade rush by Lisa Powell – I deposited an amount of $200 and in a month the account had ballooned to $420000 – now I wanted to withdraw half of the money and was told to pay. Withdrawal permit and broker permit as per below.
our withdrawal of 480,034 USD ($ 480,034) has been processed successfully and is ready to be transferred to your bank account ASAP.
However you are required to obtained two documents before your funds can be transferred to you.
Below is the breakdown of the cost of both documents.
1. Withdrawal permit: 10000 USD
2. Broker permit: 18000 USD
TOTAL CHARGES: 28000 USD
You can make the payment via bank wire or bitcoin and thereafter send a scanned copy of the receipt of your transfer for confirmation purpose.
PLEASE NOTE: you are only making payment once for this documents being that you are making a withdrawal for the first time and you don’t have to pay for every other withdrawal.
I told them that I don`t have that kinda cash and they came back and said that I must pay $5000 and they will give me half of the profit. I think this is is a scam
I invested wth 24trade rush… Guess what thy tell me when I have to withdraw my profit… I need to pay 10% of tax before I can get my money…. Which I’m surprised how can tax company ask me to pay 10%,instead of them taking Frm my profit
I’m having the same issue with them. Did you pay the 10% to receive the profit?
Trade Rush, now called TR Binary is a scam. Do not get sucked in by it.
First I deposited $250USD, because i read all the good “fake” reviews about them being trustworthy. The “broker” who contacted me said this is all i needed to do and that an adviser will contact me after. Not so, once I made the deposit, i saw the money in my account but did not hear from them. I then contacted support and got a call from another “broker” saying i had to deposit a minimum of $5000USD if i needed a personal broker. I said no thanks and was told i would have to trade on my own, but was referred to their resources on education for traders.
I immediately realized that this kind of investment was not for me and so I contacted them for a withdrawal and to close my account. First there was the verification process, this was a big hurdle because i had used a prepaid visa card for my payment. (in my opinion it was a part of their stalling process). Anyway, i sent all the documents they required of me in less than one week. They said they were processing a wire transfer to my bank. About 3 weeks later when i contacted them again, they said there was technical problems. I became persisted but keep getting encouraging emails from them. About another 2 weeks later i got the big email , my request for withdrawal was denied. This is the email i got:
Dear Shamain H.,
We’re sorry, but your CCPayout payout request of $ 250.00 CAD for Account ID 503571 has been declined.
We thank you for your continued business and are always available if you should have any questions.
Email: [email protected]
-The Staff at TRBinaryoptions.com CAD-
“Contact them they say!” My account balance is suddenly down to zero and i customer support is no longer available to me.
The Canadian Securities Commissions (SEC) has issued warnings against TRBinay, they are a fraud and are not registered to to trading in Canada though they used the the name in their advertisement.
I advise any one who still wants to invest to contact SEC first.
hello I am new trade inhttps://www.traderush.com, I think this is not good broker option. have much manipulation. 30-09-15 I am trade PUT EURUSD. and I GET 1.10693 ?? when eurusd LOW 1.10693 in 30-09-2020? I am trade long term. one month.
I wouldn’t waste your money with this company, I was talked into making a long term investment by one of there brokers Jacob stern,and he lost all my investment I wished I’d followed my instincts but learnt the hard way .. stay away trust me plus there a blacklisted company. .
hello wayne can you reply?
I have tried to withdraw my funds from TradeRush. Unfortunately I accepted a bonus 18 month ago.
I have not met the demands to trade the amount for the 40 times (or what it was).
I asked them to take the bonus back and let me withdraw the rest,but they refuse.
Any idea how to do here,is there any way to get my money out?
don’t know what’s all that hassle for… good broker, i’ve been trading over 1 year, done withdrawal, all good. don’t make millions, but all good!
TRADERUSH is a SCAM please take care of it , I have an account , but can not get it
platform is poor
assitance is rugh
It is quite understandable for skilled traders to feel frustrated and cheated when applying their skills to predicting imminent price direction through binary options platforms such as provided by TradeRush. Unfortunately, 90% of the complaints I’ve read on review sites about TradeRush have proven to be substantiated by my own experience and evidently many others.
However, in all fairness to TradeRush, I suspect that skilled traders are not their intended demographic. I suggest that their target clientele are typically on-line casino patrons and compulsive gamblers (which include a high percentage of retail forex traders if we’re honest). For them, manipulation, dirty tricks and questionable wins / losses are all a part of the course. You will be allowed to play and bet just as long as the house, broker, bookie etc. feels that you have not gained an edge or present them with risk of serious financial loss.
Experienced traders are likely to have much higher expectations of professionalism, and likely to feel aggrieved by such dishonourable practices.
As a seasoned and profitable commodities trader, the attraction to binary options trading is quite obvious for me, especially when the market is relatively flat. Even a small directional movement can pay between 65-80%. In comparison to commodities trading, I would need a massive trading account to achieve the same level of returns over the same interval. If only it were that simple.
Using TradeRush as my test broker and platform, I have conducted various experiments over a considerable time period to ascertain the authenticity of this type of trading for profitability. This has included simultaneously monitoring live market prices / quotes courtesy of Bloomberg and Reuters and comparing them to screen price quotes given by TradeRush. Without any question, the prices quoted by TradeRush often vary considerably from the actual market price, and noticeably biased in favour of the imminent market direction. In effect, they are front running the price so that you are always likely to be buying higher than the market, or selling lower than the market. Either way, you are already behind the eight-ball.
That in itself would still not prevent a skilled trader being profitable (although it is a handicap) but that is only the beginning:
Now, before I continue, I must stress that I have no axe to grind here and can confirm that my time trading with TradeRush has been profitable. However, in truth, it would have been so much more profitable had it been a level playing field and not some behind the scenes dual of cloak and dagger tactics in order to outwit each other.
TradeRush staff have admitted to me that “undesirable” traders are individually targeted and can be handicapped with various levels of data throttling, or even blocked from logging in altogether. Excuses are given such as browser configuration, anti-virus conflicts, DNS flushing etc. etc. but they are just smokescreen scripts quoted by support staff to offset the admission of the truth. Believe me, the tests I conducted allowed for every anomaly, configuration, OS etc. and every possibility that things were somehow being adversely affected by PC set-up.
The biggest shock for me came when I screened two separate accounts (one was a willing friend’s account) and compared the price quotes of the two. Amazingly, they were both being quoted different prices for the same instruments simultaneously. Evidently, individual accounts can be handicapped very specifically and selectively. Presumably, these are the accounts of “undesirable” traders.
Add to this fills being way off screen quotes and expiry prices being way off market price and you can see that the trader is really up against it.
So to conclude: if you’re into casino gambling and except all the shady practises that come with it, or that you just want some entertainment and that you can happily fund your account to pay for such, then go ahead and enjoy, as it can be fun. However, if you’re a serious trader expecting your profits to reflect your market prediction skills, best think again. The skills you need to profit from TradeRush go far beyond trading skills. Consequently, it is impossible to take them seriously.
It’s a great pity the likes of TradeRush feel so compelled to constrain their users to such a ridiculously unfair disadvantage, as a credible and honest binary options broker would be a fantastic alternative to regular trading. Has anyone got any genuine recommendations from personal experience?
The Best Binary Options Broker 2020!
Good for Beginners!
Free Education + Free Demo Account!
Get Your Sign-Up Bonus Now!
Only For Experienced Traders!