Tradorax Review

Tradorax
Min. Deposit: $250
Min. Investment: $25
Signals: No
Rating: Rated with 5 stars
Regulated Broker: Not available
USA: Not available
  1. Tradorax

    Tradorax is no longer available !

    Trading binary options with Tradorax is an easy experience due to it many advantages. Established in 2012, this broker is owned by Alpha Capital House Ltd, London, UK. As one of the modern binary options brokers, main goal of Tradorax is to enable their traders a safe and profitable binary options journey.

    To know more about Tradorax and its trading platform, read our full Tradorax review.

    Tradorax is one of the rare brokers in binary options brokers who welcomes US citizens to join and use their trading platform with multiple trading tools and services available. Being a trustworthy broker, Tradorax has gather many traders around the globe, interested in this new online investment world and to them, this broker provides the best from binary options trading.

    Minimum deposit is $250 and there is no limit for maximum bonus. Minimum investment for Tradorax is $25 and maximum investment $1000. With Tradorax, traders can deposit with few avaialble currencies: EUR, USD, GBP and JPY. Maximum possible return that traders can achieve is 85%.  For more on available trading features, check below in Tradorax review.

    Tradorax Trading Platform and Features

    In just years in binary options industry, Tradorax has build up a name for itself to be a reliable broker with secure trading platform, using TechFinancials interface. Their technology is one of the reasons why this broker is a successful one and registered traders can navigate over the platform without any difficulties. TechFinancials offers full window platform, where traders can easily trade binary options and maximize profits.

    This broker accepts traders from the USA.

    Tradorax review reveals a wide selection of trade options and expiry times, which are all available to use on TechFinancials interface. Traders are more than welcome to trade binary options, using High/Low, 60 Seconds, One Touch, Long Term, Boundary and Ladder Options.

    Available times of expiry are: 60 seconds, 2 minutes, 15 minutes, 30 minutes, 1 hr, end of day and end of month. To their traders, Tradorax offers more than 100 underlying assets to choose from, which are sorted in 4 categories: stocks, currencies, commodities and indices. To know exactly which assets are available, traders can check that in Asset Index section.

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    With Tradorax, traders can enjoy in multiple available trading features and services. All of them can be of great help to achieve success in the trading process, by using a variety of useful instruments and services. One of the most popular services is mobile version.

    Mobile trading is very popular among binary options traders and it is no wonder that Tradorax has implemented it also on its trading platform. This mobile app is available on both Android devices, as well as on Apple devices. Mobile trading allows traders to experience trading on the go, with necessity to always be in front of the monitors.  

    Tradorax review shows how this broker offers to their traders several promotions, including 5 risk free trades, VIP signals and up to 200% bonus. Bonuses are available for all traders and welcome bonus can vary from 50-200%. To withdraw funds, it requires from traders to make 30x turnover bonus. Trading platform is simple to use and terms & conditions are excellent explained which only contributes to more clear business transparency.

    Tradorax Account Types

    Binary traders can use 6 different account types, available on Tradorax platform. All accounts differ from each other by its features and height of deposit amount. Traders can choose among Mini, Silver, Gold, VIP, Saving and Self-Managed Account. Here in Tradorax review, you can see features for particular trading account.

    Tradorax Mini Account

    • $250 minimum deposit
    • Education centre
    • beginners trading lessons
    • personal broker once a week

    Tradorax Silver Account

    • Education centre
    • extra 2% for each trade done
    • beginners and intermediate trading lessons
    • personal broker twice a week
    • 0.5% cash-back
    • trading signals
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    Tradorax Gold Account

    • Education centre
    • extra 3% for each trade done
    • beginners and intermediate trading lessons
    • personal broker 3x per week
    • 1% cash-back
    • 1 risk free trade per month
    • trading signals

    Tradorax VIP Account

    • Education centre
    • extra 4% for each trade done
    • intermediate and advanced trading lessons
    • personal broker 4x per week
    • 2% cash-back
    • 2 risk free trades per month
    • trading signals

    Tradorax Saving Account and Tradorax Self-Managed Account

    • for all details, ask your personal broker

    Tradorax Customer Support Service

    logo-tradoraxTradorax is paying a lot of attention in providing quality customer support because traders’ satisfaction is very important element while trading binary options with this broker. In Tradorax review, traders can contact support, which is available 24/6. Tradorax provides their traders with many available communication possibilities.

    Traders can contact this broker on email, telephone, live chat, Skype and web form. Traders can use [email protected] and [email protected] for general information. Phone numbers are available for following countries: UK, USA, Germany, Switzerland, Hong Kong, Australia and South Africa.

    As regards to multilingual platform, traders can use English, Russian and German version of trading platform.

    One of the things we were most surprised while reviewing this broker is available Education Centre. Tradorax site is full of important educational material, intended for both traders beginners and experienced traders. They offer basic and improved level of trading lessons, video library, guide section, FAQ database filled with many trading answers and glossary.

    Traders are allowed to use Economic calendar that can assist them to decide how to choose the best trading strategy and what are the most used trading instruments while trading binary options. Entire Education Centre is an valuable indicator how we are talking about a reliable binary options broker with more than enough trading features and services. 

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    Tradorax Banking and Company

    In order to provide their traders a top level of security, this broker uses two types of safety to protect traders’ information: McAfee (HackefSafe) and Secure Sockets Layer (SSL). All communication on their website is 256 bit SSL encrypted.

    For traders to be able to deposit or to withdraw funds with Tradorax, they first have to provide this broker several documents, such as proof of identification and proof of address. As mentioned above in our Tradorax review, minimum deposit amount is $250.

    Traders have on disposal several possible payment methods, such as debit/credit cards, bank wire and e-wallets. From card payment, registered traders worldwide can use Maestro, Mastercard, Visa, Visa Electron and Diners. Some traders prefer bank wire transfer, while other e-wallet option, such as CashU.  

    When we talk about withdrawal process, everything is very detailed explained in FAQ section. Minimum withdrawal amount is $100. One withdrawal per month is free, while for additional withdrawal in the same month, fee will be charged $30. For traders to withdraw their funds, first they have to submit a request.

    It takes Tradorax 3-5 business days to process the request and additional 5-10 days for money to be visible on trader’s account. Traders initially have to login to the trading account and click on Banking button to start withdrawal process. Then, they should click on Withdrawal button and enter preferred amount to withdraw.