Cherry Trade Review

Overview

Cherry Trade was founded in 2014 by a team of senior experts in the binary options industry. It is among the fastest growing binary option brokers.

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Details

Broker Cherry Trade
Website URL www.cherrytrade.com
Headquarters 1A, Arcade House Temple Fortune, London NW11 7TL
Support Number +917 775 0324
Support Types Live Chat, Phone, Contact Form, E-mail
Minimum 1st Deposit $200
Minimum Trade Amount $5
Payout 88%
Free Demo Account Open Demo
Account Types Basic, Professional, Expert, VIP, Corporate
Deposit & Withdrawal Methods Credt/Debit Cards, Bank Wire
Number of Assets 100+
Account Currency AUD, CAD, GBP, EUR, USD
Overall Score 8.1

Full Review

Cherry Trade was founded in 2014 by a team of senior experts in the binary options industry. It is among the fastest growing binary option brokers.

CherryTrade is owned by Redtulips Consultants LTD, with an address located at 1A Arcade House Temple Fortune, London, United Kingdom. Their email address is [email protected] and their phone number is: (917) 775-0324.

Compared to other brokers, Cherry Trade offers payouts of up to 85% on winning trades. They are one of the most flexible companies in the field. Their 24 /7 support and expert financial advisors can be accessed via email, live chat and phone.

The minimum deposit is only $200 or EUR 200 to open a new account with CherryTrade.

Cherry Trade Platform

CherryTrade uses the latest SpotOption trading platform, which is very easy to use and doesn’t require any software installation. The options available through their trading platform are: Binary Options, Pairs, Long Term, Sixty Seconds, One Touch, Ladder and iFollow. Most of these option types are well-known, but one of them is the real gem: iFollow option allows you to copy successful traders. This type of trading is completely secure and very convenient for newbies. You can also decrease the risk by choosing the minimum trade amount of $5. 

cherry-platform

Cherry Trade Mobile App

With Cherry Mobile App you can trade on the go. It is available for iPhone and Android and can be downloaded from App Store and Google Play Store. Mobile trading has become a must in todays fastest changing environment. More and more traders contact us with the question: “Which broker offers the most user friendly app” and with no doubt we suggest Cherry as one of those brokers.

cherry-mobi

To start trading on mobile you need to open an account first.

Cherry Trade Demo Account

Most of the binary options brokers simply do not offer a demo account. In this turbulent industry it is difficult to predict what’s coming next, but Cherry Trade is again ahead of its competitors. Knowing the importance of practicing before investing real money, Cherry opened demo trading for beginner traders. Their Demo account is in the form of 5 risk free trades, offered to new traders – See Here. This means you can place up to 5 trades and whatever the outcome, Cherry Trade will cover your losses. This simple but efficient concept allows you to test your skills before investing real money.

cherry-demo

Cherry Trade Deposit & Withdrawals

Deposit methods at Cherry Trade include bank wire and Credit/Debit cards. We expect more payment methods to be available soon. The minimum deposit of $200 makes it easy for novice traders to access the binary options markets. In order to withdraw money from Cherry Trade you need to submit your ID and address proof. Once the withdrawal request is submitted, the wire is processed in 6-7 days according to your location and bank. The maximum withdrawal delay we have experienced with Cherry Trade is 10 days. Please note that there is a $30 feee on withdrawals if you wish to receive your money via bank wire.

cherry-mobile

 Is Cherry Trade a Scam?

Cherry Trade has a flawless reputation so far. Not only it cannot be classified as a scam, but it is among the most secure brokers for traders. After continuous evaluation and 1 year partnership with Cherry Trade, we at BestBinaryOptionBrokerz NET can guarantee they have one of the highest level of service, timely payments and dedicated support.

Conclusion

best choiceCherryTrade has been maintaining flawless service in last year. With its high payouts up to 85%, low minimum deposit of $200, and various option types, Cherry Trade has quickly become one of the leaders in the binary options industry. New traders are accepted and welcomed with customised trading plans. We at BestBinaryOptionBrokerz NET use Cherry as one of our main trading partners and can only highly recommend them for both novice and experienced traders.

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