TradEqual.com Review
Established: 2015
Platform: Proprietary
Min. Deposit: $250
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| Doesn't Accepts US | Regulation | Payout | |
|---|---|---|---|
 | None | Up to 85% |  |
Full Review
Trade Equal is one of the most innovative binary options brokers to emerge in recent years. Trade Equal has taken a completely different angle on binary options trading and has made it a peer to peer trading platform in which their system serves as a facilitator. The broker became a de facto market place for binary options, matching supply – traders designing options – with demand – traders looking to buy the options from other traders.
Trade Equal has an additional advantage in the binary options industry. The broker is applying for both CySEC and CFTC licenses. This will effectively make it the only know broker able to solicit customers legally on both sides of the Atlantic. This move can also open markets in other countries, and could smooth the entry of Trade Equal into important binary options markets like Canada and Australia.
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Proprietary Platform
Since Trade Equal is doing what few binary options brokers have ever done before, none of the existing binary options platforms available suits its needs. Therefore Trade Equal developed its own platform. Trade Equal’s platform is simple, user friendly and delivers precise graphs with timely data. This allows binary options traders to make quick well informed trades, and it allows them to design the option they want to offer in the market in the best way possible.
The basic trading features available to traders are the standard high-low and the 55 minutes option. Advanced traders can use early exit provisions and rollover tools. The platform also comes with professional trader assistance, and it enables interaction between traders. Traders will be able to chat with each other, ask questions and consult. It is an excellent platform for everything related to social trading. To complement these tools, Trade Equal enabled a $15 minimum trade.
Deposits and Withdrawals
The minimum deposit to a Trade Equal account is USD. The deposits can be done through well-known banking methods like wire transfers, debit or credit card, or through digital wallets, specifically Skrill and Neteller. The withdrawal policy is very friendly; it puts Trade Equal up there with the best brokers in this regard. Once a trader wants to withdraw funds, the time limit for the transaction to be processed will be 48 hours.
Trade Equal offers bonuses only under special conditions. If a trader makes a deposit of $1000 or more, the broker will consider a bonus.
Customer Support and Education
Trade Equal has an educational program unlike any other brokers. Trade Equal has specialized staff that will engage traders in one on one training. This will help traders develop unique strategies with the input of experts that are dedicated to their goals. The customer support is exceptional. Trade Equal has support in English and Spanish initially, and it will be adding more languages.
Unique Features
Traders can write up their own options for a minimum investment of just $40 USD. This will enable the traders to set the game of the rules and look for takers in the open market. The only thing a trader needs is at least another peer to take the opposite stance on the option designed, and the contract can now be cleared. A trader can also position him or herself as a buyer of an option, and buy one that was designed by another trader.
Conclusion
There is no doubt that Trade Equal is a great platform that offers trading based on pure market forces of demand and supply, as well as peer to peer trading. In effect, Trae Equal is a facilitator, which understands how to use the appropriate technology to match supply and demand within its system. There is no doubt that Trade Equal will quickly rise to the top of the binary options industry.
