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TRBinaryoptions is a good binary options broker for Australians, even though it’s one of the lesser known brokers.
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TR Binary Options Broker Review:
TR Binary Options has been operating online since 2011. In the last few years, it has gathered a following of dedicated Australian traders. In addition to its above-board operation, this broker is also quite generous with its educational support and learning features.
As such, traders of all expertise are able to utilize TR Binary Option Services with ease. The considerable number of assets and the high returns are just a few other aspects that influence most traders to join this broker. It should be noted that the broker does not accept traders from the United States.
Here is an in-depth look at what TR Binary Options has to offer:
Account Types and Bonuses
TR Binary Options gives traders the choice from five account packages. Depending on the minimum deposit that you want to place as well as the services that you require, you can choose accordingly. Here is what you need to know about these accounts:
The most basic account is the Mini account. To be eligible to this account, you must first deposit $250 dollars. At this point, you may receive a 25 percent bonus. In addition, you will get access to educational videos, webinars, and an eBook to help you get started.
The next account is the Starter account. Here, you are expected to deposit at least $1000 dollars into the account. At this point, you will be entitled to a 35 percent bonus. You will have access to the same features as the Mini account, with the single addition of receiving market reviews as well.
The Silver account is the one that is most highly recommended by TR Binary Options. In order to get access to this account, you will have to deposit a minimum of $5000. This will afford you all of the services offered with the Starter Account. You will also get an Account Manager and get admittance to a VIP webinar and academy sessions. With the Silver account, you will have to choose between a 50 percent bonus and one risk free trade.
The Gold account is one that requires a $10,000 minimum deposit. Once you have made your deposit, you can select from a 75 percent bonus, three risk free trades, or one guaranteed profit trade. In addition to the services mentioned previously, you will get two academy sessions instead of one and a tablet option.
The last package is the Platinum one with a required minimum deposit of $25,000. This entitles you to the same advantages as the Gold package. However, you get five academy sessions, and two webinars. You are also entitled to the same-day withdrawal processing. With this account, you can choose from a 100 percent bonus, five risk free trades, or three guaranteed profit trades.
Licensing and Security
TR Binary Options is not licensed by any recognized authority. However, as there are many binary options brokers that are also unlicensed, this is not cause for concern. Furthermore, this broker has been operating for five years and has received commendation for its services. There have been no reported wrongdoing or nefarious activities.
TR Binary Options utilizes the best in security. This is to ensure that all sensitive information remains safe and secure and cannot be accessed by other parties. This broker has the security system SSL (Secure Sockets Layer) in place. This means that important details are encrypted.
Software Review
TR Binary Options has the trading software SpotOption. This has earned a reputation as being one of the best trading platforms around. The graphics of the platform are really good, helping to enhance the overall experience of the trader. You can also choose from multiple options including One Touch, High/Low, Ladder and Pair, and Long Term Options. There are also other expiration dates available.
Broker Name | TR Binary Options |
Location | Cheshire Capital LTD – United Kingdom |
Regulation | n/a |
Website | www.trbinaryoptions.com |
Minimum Deposit | $200 |
Minimum Trade | $10 |
Depositor Bonus | Welcome bonus |
Maximum Payout | 81% |
Free Demo Account | Yes |
On this trading platform, you can place trades on commodities, stocks, currency pairs, bonds, and stock indices. All of the details of each available trade as well as trade history are easily accessed with this platform.
Withdrawals and Deposits
You can choose to either deposit or withdraw your funds in a variety of ways. You should be informed, however, that regardless of whether you are depositing or withdrawing money, you will have to provide certain documentation. With TR Binary Options, you will be able to handle funds through most of the major credit cards. You can also use wire, bank transfers, and Neteller.
The minimum deposit on TR Binary Options is $250.
In most instances, you will not be charged to withdraw your money. Nonetheless, if you will be using a wire transfer, you will be charged $30. Also, you will not be allowed to withdraw more money than what you have invested.
TR Binary Options is definitely at the very top on lists of some of the best binary options brokers around. This broker operates transparently and offers many different features and services to traders. Furthermore, traders can choose between a great number of assets to place trades on. All of these features prove that TR Binary Options is a premium binary options broker.