Platinum Trader has been around for over a year. We have just completed our review and testing process of the rebranded platform and the overall results were unfavorable. We have thus added Platinum Trader to our list of Scam Brokers.
Summary of our Platinum Trader Review
Customer Service: Customer Service is available via live chat, email and phone. Our experiences with support were favorable.
Deposit/Withdrawal: Deposits can be made via most Visa and Mastercard credit/debit cards and wire transfer. Most withdrawals are processed within 48 hours. Credit/Debit withdrawals are up until deposit amount. Profits are sent by wire transfer.
Trading/Execution: Trading and execution was satisfactory.
Features: PlatinumTrader has one of the best assortments of trading features including 30 second options, one touch and pair options. They also have in trade features such as double up, roll over and sell early.
Trading Education and Market Data: Platinum Trader provides you with different education material such as eBook and training guides. They also provide a daily market analysis.
Another important factor for Platinum Trader is that they use the SpotOption trading platform which received the first CySEC binary option license, ensuring a highly secured website which adheres to Cyprus financial regulations.
Is Platinum Trader a Scam?
In the past Platinum trader had received its share of Scam complaints from traders. With the recent upgrading of their operation we have noticed a general reduction of complaints. Our overall testing of the service, support, execution and withdrawals have passed expectations. We are comfortable to confirm that Platinum Trader is a legitimate operation.
Platinum Trader Platform
The Platinum platform offers multiple screen views for placing orders. You can view one order box with an enlarged advanced chart. There are screens to view 4, 10 and 16 different order boxes with different chart sizes and options. This variety allows great functionality depending on the type of trader and the amount of orders you follow at one time.