[alert type=”warning”] Avoid dealing with this broker
CherryTrade is one of the leading and well-known binary options brokers in the field of binary options, very popular with traders from Saudi Arabia, UAE and Qatar.
The company is characterized by high rates of return up to 85% from payments made through Call and Put orders, the possibility of one-touch trading and trades for 30 seconds. You can get the highest profits through these very profitable trades found in this field. Digital or binary options have continued their success with the huge popularity they enjoy and many aspiring traders who see binary options as their preferred option.
Mobile & Trading Platform
Cherry Trade is based on the SpotOption 2 trading platform, which was created by experienced and professionals in trading and trading currencies, their derivatives, and risk management in accordance with international legislation and laws.
The program includes all the wonderful and important features of the operators within the market. It works completely on the Internet browser, which means that there is no need to download the program, and it also allows you to trade from anywhere you want. The mobile trading application is available for iPhone and Android devices.
The trading platform is easy to use because it is intuitive and fast. You can also get valuable training materials that accelerate the learning process. There is a possibility that traders sell the option before it expires.
You can choose from 5 types of accounts depending on your investment
1) Mini (up to $1,000)
2) Professionals (up to $5,000)
3) Experts (up to 10,000)
4) VIP (up to 25,000)
Asset and expiry time
CherryTrade contains around 150 leading assets for trading (indices, commodities, currencies and stocks). Traders can sell options before they expire. Early expiration may help to get more profits by using the wallet. You can get more profits through your chosen assets.
Deposit and withdrawal options
At CherryTrade.com the confidentiality of users is very important as bank account details and private details are protected. The company has invested in the best security protocol you can find on the internet. There are also several ways to withdraw funds. You can make sure that your accounts and transfers are secured. You can open your trading account As for In dollars, euros, pounds sterling, Australian and Canadian dollars. Deposit can be done by credit card, Maestro or bank transfer.
All withdrawals are processed by bank transfer or credit card within up to 3 working days.
Minimum deposit and bonus plans
The minimum deposit is only 200 USD for the “Classic Account”, which is an ideal choice for beginners in binary options trading.
Cherry Trade gives you up to 100% welcome bonus for all first deposits of all visitors to the Forexbrokers.ae website.
Payments and profits
CherryTrade offers profits of up to 85 percent, a rate similar to many other brokers in the industry.
Our customer support is excellent. It is available through e-mail so you will have to submit the form with your name, e-mail, phone and address you want to reach. Customer service can also be contacted by live chat or by phone.
They provide a free personal account manager for all traders with a private skype room, weekly calls at no extra charge and free notifications for trading.
Islamic trading accounts
CherryTrade provides Islamic trading accounts to all Arab traders.
CherryTrade Opinions - Summary
The company seeks to help traders at every stage, to help them achieve success. The company has invested in the latest technologies and technology to ensure that the transfers are made safely, securely and quickly.
Their education center has excellent tools like books and videos to learn the basics about binary options trading, and moreover they provide a personal account manager to help you as well.
Perhaps the number of trading assets may be a bit low for some advanced traders, and this may be the only weak point.