Platform: SpotOption, TechFinancials
Min. Deposit: $200
|Doesn't Accepts US||Regulation||Payout|
|None||Up to 83%|
Ftrade is the fourth addition to BINEXT GLOBAL LTD bouquet of financial products, the company has been around for several years and brings with it a wealth of financial practice. Founded by a group of professionals with a background in financial management and forex trading in 2014. Even though they are new to an already saturated binary options market, the broker offers a high level of service excellence and experience. The platform is provided by well-known SpotOption and they use the 2.0 version.
- Payout : 83%
- Minimum Deposit: $200
- Regulation: No
- US Friendly: No
- Demo Account: Post Deposit
- Bonus: Up to 100%
- Minimum Trade: $5
- No. of Assets: 58
- Asset Classes: Stocks, Currencies, Commodities, Indices
- Trading Features: Binary options , Pairs , Long term , 60 Second , One touch , Ladder , FX/CFD
- Software Platform: SpotOption, TechFinancials
Worth a mention was the experience of customer service excellence, the ease of depositing and withdrawing, were found to be seamless transactions. The platform is well known in binary trader groups and easily navigable and understandable. There is a generous amount of choice where trading features are concerned, and the essentials are provided, and these are the most used within the industry. Charts and trading information is on hand and updated in real time, useful for quick reference when needed.
Particular items that stand out are as follows:
- Customer support is fast, efficient and knowledgeable.
- Use of Turbo trading allows you to enter and exit trades quickly to make fast
- Assets are filtered for quick references.
- Pairs trading is a particularly handy feature.
- Simple and navigable platform.
- Extensively explanatory learning center.
- Informative website.
Trading and Features
When opening the Ftrade home page you are welcomed by a generous amount of information. It is easy to find the ‘open account’ tab where you can login or register for an account.
The Trading Screen displays four trading Tabs: Pairs, Long Term, 30 Second, 60 Second, 90 Second, 180 Second and 300 Second methods as well as ladder options.
Pairs – Instead of selecting a direction the underlying asset with a take, with pairs trading you base your trade on which asset will outperform the other within a specified time frame.
Long Term – Allowing traders to open a trade as they wish for a longer period. They can let their trades ride the markets with a specified expiry times ending at the end of the day / week. Trading on your time schedule as often as you want.
Ladder options – As the name implies, a ladder option is a set of 3 strike prices that need to be reached with a higher percentage payout at each level.
One Touch – A payout is received when the price has reached or exceeded the CALL or PUT of the assets goal rate.
FX / CFD – Trading forex and CFD’s are available on the broker’s platform. This is an added benefit not available with most brokers.
Why trade with Ftrade?
Besides the extensive learning material that the broker have put together to bring the trader up to speed in binary trading, they are possibly the only 24 / 7 customer support to be standing by for your call. Trading is also available 24 hours a day 5 days a week, as the platform is always accessible.