10Trade Review , Details and Platform Overview

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10Trade Review

Overview

Introduction 10Trade is a new binary options broker founded in 2020. It is owned and operated by Holiway Investment Ltd. The company is based in Cyprus, and its headquarters are […]

Full Review Details

Broker 10Trade
Website URL NEW https://www.10trade.com/
Founded 2020
Headquarters 4 Pindou Street, 4th Floor, Office 408, Engomi 2409, Nicosia, Cyprus
Support Number + 35-722-353-557
Support Types Email, Telephone, Live Support
Languages English, French, Italian, Arabic, Russian, Spanish, Dutch, German
Trading Platform SpotOption
Minimum 1st Deposit $200
Minimum Account Size $200
Minimum Trade Amount $5
Bonus Up to 60%
Payout Up to 81% , up to 500% on One Touch and 600% on Ladder
Free Demo Account
Regulated
Regulation Regulated by CySEC
Account Types Bronze, Silver, Gold, VIP, Platinum
Deposit Methods Credit/Debit card, Wire Transfer, Electronic Payments
Withdrawal Methods Credit/Debit card, Wire Transfer
Number of Assets 100+
Expiry Times 60s, 5m, 30m, 1h, 2h, 4h, 8h, 12h, 2d, 3d, 4d, 5d, 7d, monthly
Types of Assets Currencies, Stocks, Commodities, Indices, Pairs
Option Types Call/Put, Pairs, Long Term, 60 Seconds, One Touch, Ladder
Trading Currency EUR, GBP, USD, SEK, RUB
US Traders Allowed
Mobile Trading
Tablet Trading
Overall Score 74

Screenshots

  • High Payouts
  • innovative Platform
  • Multiple Languages
  • Dedicated Support
  • Comprehensive FAQ
  • No Video Tutorials

Full Review

Introduction

10Trade is a new binary options broker founded in 2020. It is owned and operated by Holiway Investment Ltd. The company is based in Cyprus, and its headquarters are located at 4 Pindou Street, 4th Floor, Office 408, Engomi 2409, Nicosia.

10Trade is a fully licensed and regulated broker with Cyprus Securities and Exchange Commission “CySEC“ under license number 248/14.

Bonuses and Offers

10Trade does from time to time offer opening and trading bonuses to new and existing clients.

The company’s policy is that for a trader to be able to withdraw his/her bonus, then he or she must first achieve 40x the amount of bonus worth of trading volume.

Nonetheless, the bonus is not mandatory and clients can choose not to accept it. The company also has a “refer a friend” promotion program.

Trade Types

10Trade offers its trader a variety of trading methods, thereby opening the gates for all sorts of traders from the short-term focused traders to the ones who prefer the long term view.

  • Binary Options: here traders can invest a minimum of $10 per trade. These are the classical Call/Put options.
  • Pairs: Profit by predicting which asset will perform better than the other in paired options e.g Gold vs Silver.
  • Long Term: These binary options have longer expiry periods ranging from two days to seven days. These are ideal for event driven trading. The minimum investment is $10 per trade.
  • Sixty Seconds: These options give traders an opportunity to turn profits every sixty seconds. They also carry a lower level of risk exposure due to the limited time. The minimum deposit for the 60s options is $5 and the maximum is $500.
  • One Touch: With one touch options traders can make up to 500% in profits on their investment. Trading one touch options is simple but takes massive speculation. Traders decide whether a trade will rise or fall to a certain level within the following week. In order to profit, the price of the underlying security has to touch that particular level at least once during the week.
  • Ladder: Ladder options allow traders to increase their profit potential as the price of the underlying security continues to fall or rise towards their predicted direction. These options have the potential for massive payouts increasing to 600% and above depending on the number of ladders. Their expiry periods range from 30 minutes to 12 hours.

Asset Index

One of the biggest benefits of trading binary options is the ability to trade multiple assets and asset types on the same platform. 10Trade offers a variety of these ranging from currencies, commodities, Indices, stocks and paired assets.

The assets are drawn from across the world. There are more than 100 assets available for trading at 10trade.

  • Currencies: 10Trade offers more than 40 currencies for trading to its binary options traders. All the majors, the exotics and cross pairs among other classifications.
  • Stocks: Stocks at 10Trade are drawn across the world with U.S traded stocks dominating the list, but there is also a significant number from Europe and Asia markets.
  • Indices: Just like stocks, indices traded at 10Trade come from markets across the globe, with Europe this time dominating followed by Asia then North America.
  • Commodities: Corn, Wheat, Sugar, Silver, Platinum, Crude Oil, Gold, Coffee
  • Pairs: Google vs Facebook, DAX vs CAC40, Amazon vs Netflix, McDonalds vs Starbucks, LinkedIn vs Twitter, Facebook vs Twitter, Google vs Baidu, Amazon vs eBay, Vodafone vs Orange, BMW vs Renault, BMW vs Daimler, Gold vs Oil, FTSE vs CAC Future, Rio Tinto vs BHP Billiton

Trading Tools

10Trade has a sophisticated platform designed for binary options trading with ease in placing orders. The platform also offers various materials as add-ons including news streaming from Thomson Reuters as well as market reviews and analysis.

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There is also an education center where binary options traders can learn different aspects of binary options trading including basic issues to advanced lessons.

10Trade has also written an eBook on binary options trading available for download free on the platform as well as a glossary of terms that traders can use to acquaint themselves with binary options terminologies.

This binary options broker has also taken the necessary steps towards reaching out to the community accustomed to trading via mobile devices by launching iOS and Android Apps available for download on Apple App Store and the Android Market respectively.

Deposits and Withdrawals

Deposits

The minimum deposit is USD 200, EUR200, GBP200, SEK1,700 and RUB8,000 depending on the client’s trading account currency.

Traders can deposit funds via either Credit/Debit cards (routine identity/card verification required), Electronic Payment methods (e.g Skrill/MoneyBookers), or Wire Transfer (routine identity and physical address verification required).

The maximum deposit via Credit/Debit card (only Visa and MasterCard accepted) is $10,000. As for wire transfer, there is no limit. However, any deposits below $500 done via wire transfer are subject to $30 charge.

Withdrawals

Traders can withdraw funds via either Credit/Debit car or Wire Transfer. All withdrawals are subject to the routine identity/physical address verification.

There are no charges for Credit/Debit card withdrawals. For wire transfers, traders have one free monthly withdrawal. Any additional withdrawals within the same month attract $30 charge per withdrawal.

The minimum withdrawal via Credit/Debit card is $30 while that for wire transfers is $100.

Support

Traders can contact support via telephone, Email or the 24/7 Live Support Chat.

Live Support: 24/7 Live Chat

Email: [email protected] general enquiries

Telephone: + 35-722-353-557: There are also several contact numbers for the company’s satellite offices across the world.

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10Trade Review

Review

10Trade is a binary options brokerage owned by Holiway Investments Limited. Holiway, located in Nicosia, Cyprus, was one of the first companies to offer its clients a fully licensed and registered binary options program with regulation by the Cyprus Securities and Exchange Commission (CySEC). 10Trade offers expert support in multiple languages and provides personal guidance for every trader.

Features

There is only one standard account at 10Trade. The minimum deposit into the account is $200 and each trade on the 60 second option must be at least $5.00 and the maximum is $500. There is also no demo account offered which I found quite disappointing when doing this 10Trade review.

Both the Double Up and Rollover options are available to all traders on the standard binary option but not on the 60 second option. When a trade is close to expiry and the direction predicted is on a roll, there is an opportunity to repeat the trade by clicking on the Double Up button. This allows a trader to place a new trade with the same conditions-assets, expiry time etc.

If the market disagrees with the prediction and the price is going in the opposite direction, traders have the chance to close in the money by clicking on the Rollover tab. The Rollover feature is available till 10 minutes before expiry.

Traders can make up to 81% on their money if their trade is successful. If an option expires out of the money, a portion of the original investment is credited to the trader’s account.

A new feature that I found when doing this 10Trade review is ‘option suspended’ which is a notification to the trader that appears at irregular trading or market conditions on a specific asset.

The asset list is extensive and it is provided in a clear and easy to read manner.

When it comes to platforms, the 10Trade binary options platform was designed with the goal of making online trading accessible to everyone, including new and experienced traders. They offer over 150 assets, high payouts and a host of trading products and tools including Ladder Options, Trader’s Choice, historical price graphs as well as popular classics such as “60 Seconds” and “OneTouch”. There is also a buy-out feature.

The One Touch option is a relatively new type of investing option that removes most of the guess work from regular options trading and simplifies the choices while offering huge payouts. It is very popular among traders in the commodity and Forex markets and is beneficial for traders who believe that the price of an underlying asset will exceed a certain level in the future but who are unsure about the sustainability of the higher price.

The 10Trade binary option platform requires no downloads and is easy-to-use. Both the web and mobile versions of the platforms offer immediate access and instant trade execution.

Education

10Trade offers its clients a list of useful tools for successful trading including courses for both beginner traders and for those that have experience in the field. In addition, there are articles and an eBook about the individual commodities, stocks, Forex pairs, and indices available on their trading platform. There are also webinars where all account holders can participate.

A unique feature found at 10Trade is their radio station which broadcasts the latest market news and reviews from their team of financial analysts. 10Trade Radio provides up-to-date commentary on financial markets, platform updates, and information on how local and global events can guide trading decisions. Live signals are reported before the announcement of a major economic event. 10Trade Radio also instructs traders on how to read financial charts.

The FAQ page and the financial glossary are extensive and offer a wealth of information for both new and experienced traders. The 10Trade trading ebook can be accessed on both desk top and mobile devices.

Market analysis is provided daily and a weekly market review wraps up the week’s events with a deep commentary on the possible implications and impacts in world markets.

10Trade Binary Options

Deposits/Withdrawals

Credit card withdrawals can be made up to $10,000; there is no limit on a withdrawal made via a bank wire. The minimum withdrawal by credit card is $30 and by wire $100.

Besides credit card and bank deposits and withdrawals, 10Trade uses Skrill, WebMoney, CashU and other payment methods.

Reliability

10Trade is a fully licensed and registered binary options broker with regulation by the Cyprus Securities and Exchange Commission (CySEC).

Customer Support

The 10Trade website comes in English, Arabic, Germany, French, Russian and Spanish and is user-friendly and responsive. The landing page provides a virtual tour of the world of binary options and how traders can make money trading them.

Customer support is available 24/7 via Chat and traders can contact a representative at the telephone numbers in over 32 different locations around the world.

Conclusion

All in all I found 10Trade.com to be a well-rounded binary option broker. The features are strong and there are several unique ones not found with other binary option brokers. It’s a shame that there is only one account to choose from and that a demo account is not offered.

Features

One of the nicest features of 10Trade is its customer support which is responsive 24/7 via Live Chat, Email or Toll Free Phone. The platform and support are available in 11 languages and the separate education department has experienced traders on call to assist both novice and experienced traders with all the training and advice they need. In addition, the fact that they are regulated a regulated binary options broker is important to many traders and guarantees that traders’ funds are safe even in an unlikely event of broker’s termination.

Platforms

10Trade offers a stylish yet user-friendly online trading platform that provides up-to-the-minute trading quotations and rates provided by Thomson Reuters. Traders can choose both long-term and short-term options.

Proprietary Platform

The 10Trade binary options platform was designed to be accessible to both new and experienced traders. There are over 150 assets to choose from, high payouts and a list of trading products and tools including Ladder Options, Trader’s Choice, historical price graphs as well as popular classics such as “60 Seconds” and “OneTouch”. There is also a buy-out feature.

The 10Trade binary option platform requires no downloads. Both the web and mobile versions of the platforms offer immediate access and instant trade execution.

Some of the highest and most rewarding trades come from the One Touch trading option. It simplifies the standard binary options while offering huge payouts. It is particularly beneficial for traders who believe that the price of an underlying asset will exceed a certain level in the future but who are unsure about the sustainability of the higher price. With One Touch, the investor sets the price level of the trade, the expiry and the payout to be received once the level is reached. Unlike standard binary options, it is not enough to predict the price direction with One Touch as that has already been selected within the option along with the target price.

10Trade Platform Introduction

The 10Trade 60 Second trading platform offers 60 second trading which is ideal for traders who are looking for immediate rewards and who are able to respond quickly and effectively to sudden market movements.

10Trade lists a Pairs option and a Ladder option. In the latter, the trader chooses whether the binary option will be above or below the strike price. A summary screen gives the expiry time, investment amount, payout, asset and strike price.

User Reviews

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Please make sure your comments are appropriate and that they do not promote services or products, political parties, campaign material or ballot propositions. Comments that contain abusive, vulgar, offensive, threatening or harassing language, or personal attacks of any kind will be deleted. Comments including inappropriate, irrelevant or promotional links will also be removed.

10Trade Review

The 10Trade online brokers are experts in the trading field that encompasses all the potential investments which are being brought into the market area. With a seemingly proficient web trader platform and a rich volume of assets to pick up, the service will surely allow to get on the verge of infinite possibilities and have a most successful time during all those exchange invents that are about to unfold.

Making the most from this experience will be definitely worth is, as one can ultimately try out all those future events and plan everything else in an economic calendar. Even though it would become somewhat hard to those unfamiliar with specific knowledge, there is always tons of information being included, which the viewers may study and gain all the knowledge required in order to be more successful.

All these online features will provide an extra feedback on the things that matter most and with a fully readable webpage such as this one, locating any resources is always fast and easy. Any regulative measures that have been implemented into the very source of the service, will eventually provide much appreciated support, one that every single user will definitely be truly grateful for.

10Trade Match Bonus

Details
– Varying % granted after deposit
– Available for new and existing clients
* 30-50x of total trading volume
Open Account

Brand Name 10Trade
Available Platforms 10trade online trader
Trading Assets Currencies, Commodities, Indices, Stocks
Signals Not Supported
Currency GBP, EUR, USD
Software SpotOption
Trade Options Binary Options, Pairs, Long Term, Sixty Seconds, One Touch, Ladder
Maximum Return 81%
Minimum Deposit $200
Investment Range (Min-Max) $10-$5000
Regulated by Jurisdiction of Cyprus

The site offers a wide variety of trading choices and some extremely profitable opportunities to attend to, while gathering enough resources to make the most of the online market proposals. An easy to attend trading platform will be a great asset to the overall activity, which involves investing in the leading assets of Stocks, Indices, Commodities and Currencies too. Those instruments are featured within any of the available modes, including Binary Options, Pairs, Long Term, Sixty Seconds, One Touch or Ladder.

Any of the participants may also go through a virtual tour that is going to explain the very basics of online trading as well as the abilities possessed by the platform. Supported payment methods would come in the form of paysafecard, WebMoney, cashU, JCB and Skrill, among many other ones. If you are currently looking for more information on the practice, simply enter the following website and you will find tons of materials that can get you started by introducing into the exchange business. The customer help is also being submitted, in every possible manner of contact and the plausible outcomes that can surely arise from it in the result.

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