TradeThunder is the first binary options broker to operate on the Leverate BX8 platform. We find them to be one of the most honest brokers available. There are no spreads, fees or added commissions at TradeThunder. The trades are executed crisply and price feeds are provided directly by Leverate to the platform so one can be assured that quotes will be accurate and without lag. They have a very low minimum deposit and trade amount. They are also one of the only brokers to provide a free demo account. Customer service is extremely professional and attentive to the needs of the trader. Deposits and withdrawals are handled in a fast efficient manner, with most withdrawals being processed immediately upon request. Another big plus is that TradeThunder accepts US traders.
TradeThunder Company Overview
TradeThunder is one of the newest binary options brokers, having opened their doors in June 2015. They have offices in the UK and Canada and are owned by LGK Industries LTD, whose offices are at 20-22 Wenlock Road, London, England N17GU. TradeThunder has innovatively adopted the Leverate BX8 platform. Leverate is well known in the forex industry but is now making inroads into binary options.
TradeThunder Trading Features
TradeThunder’s platform provides an ideal user friendly experience which is best suited to the overall simplicity of binary options trading. Everything is displayed on one screen. You never have to navigate to another page or open another window or deal with pop up order boxes. TradeThunder offers a unique OneClick Trade function. Once you enter your default trade amount and select the asset you are trading all of the expiration times for that asset are displayed on the screen. Simply click the Up or Down button for the desired expiration time and the trade is executed immediately.
Minimum Deposit and Trade Amount
TradeThunder has one of the lowest minimum deposit requirements in the industry at only $20. They also have the lowest trade amount at only $1. This is a great way to trade binary options as there is no need to make a large financial commitment. With the low trade size you can test out new strategies as well as the platform functionality without having to risk a large amount of capital. This is especially important for new traders who haven’t yet developed the confidence to trade larger trade sizes.
The education department has several articles explaining the basics of binary options as well as an informative video training series. They do not offer trading signals directly, but do recommend several reputable 3rd party services and can offer free subscription packages to these services depending on the account level.
TradeThunder Deposits and Withdrawals
Deposit can be made via credit/debit card, bank wire or PayPal. Withdrawals are normally processed within 3-5 business days.
Bonus with No Restrictions
TradeThunder offers a segregated type bonus package, so there are absolutely no withdrawal restictions. The bonus is earned based on trading volume. Once you earn your bonus it is your money and you can withdraw it at any time. In fact, you never have to worry about your withdrawal being restricted for any reason. Whatever balance is in your account can be withdrawn at any time.
TradeThunder provides a responsive customer service department available 24/5 via Live Chat and Phone. The agents are extremely knowledgeable and helpful. They make an effort to cater their service to the particular needs of each individual trader.
TradeThunder is far and away the most exciting and innovative binary options broker to appear in a long time. The platform is intuitive and provides crisp accurate quotes and execution. The OneClick trade feature provides lightning fast trading. Minimum deposit and trade amount are the lowest available. The bonus structure is the only one without any withdrawal limitations. Best of all TradeThunder provides an honest and caring trading environment with a clear focus on the trader.