Trade Hits is a new broker having been introduced earlier this year. They are backed by the SpotOption platform. They focus on customer service and have an extensive Trading Academy as well as Free Signals.
Summary of our TradeHits Review
|Asset Classes||Stocks, Currencies, Commodities, Indices|
|Trading Features||Call/Put, One Touch, 60 Second, Option Builder, Pair Options, Roll Over, Double Up, Sell Early, Pro Trading|
|Minimum Trade||$25, $5 For 60 Second Options|
|Bonus||Up to 100%, 3 Risk Free Trades|
Customer Service: Their support team is available 24/7 via Live Chat. We found them very helpful and responsive when we contacted them. They also offer Toll Free Phone Support.
Deposit/Withdrawal: Deposits can be made via most credit/debit cards, wire transfers and Skrill MoneyBookers. Withdrawals are processed within 3-7 Business days. Credit/Debit withdrawals are up until deposit amount. Profits are sent by wire transfer.
Trading/Execution: Trading and execution was satisfactory.
Features: TradeHits has wide array of trading features including 60 second options, one touch, option builder and pair options. They also have in trade features such as double up, roll over and sell early.
Trading Education and Market Data: Trade Hits has a comprehensive training package. They provide 11 strategies, training videos, one on one mentoring and a daily trade signal.
TradeHits offers interest on account balances. You can get 3% on accounts of 5-10K and 5% on accounts above $10,000.
TradeHits Demo Account
TradeHits offers a demo account to traders that sign up and make a minimum deposit. They let use use the demo account as much as you like. At any time you can withdraw your deposit without having to make any real trade
Is TradeHits a Scam?
TradeHits is a new broker. Our initial experiences have been favorable. They are placing an emphasis on customer service as well as training and support which seems to indicate that they are focusing on the trader’s needs. The TradeHits withdrawal policy is standard for the industry and as of yet we have not received any complaints about this broker.
TradeHits Android Mobile App
TradeHits offers a free mobile app for android users. Search for TradeHits in the Play Store and download the app. You can trade binary options on the go and monitor all your open positions.