Cedar Finance Review

Company Information

Cedar Finance, a company who operates out of Cyprus, is owned by The Best Strategy Financial Ltd. It provides high payout stats for its customers in successful trades, with a minimum of 70% from the initial investment, and in special type of options called High Yield Touch options, payouts of up to 500% of initial investments.

Binary Options Trading with Cedar Finance

A great number of assets are available on the Cedar Finance trading platform consisting of currency pairs, commodities, stocks and indices. Traders can choose from these assets according to their preferred asset types they are more comfortable trading.

Cedar Finance Trading Instruments

Customers can trade the traditional “Call” and “Put” options. Choosing “Call” means a trader believes the asset price will go up from the current point or “Put” if the trader thinks the price will go down from its current point.

Touch

During Touch options the asset price has to touch a strike-price at least once before the expiration time to be “in the money”.  These types of options offer very high payouts and are attractive to many binary options traders. 

Turbo

Turbo options is an improved type of 60 Seconds options. They are very profitable but can be rather challenging because traders predict the behavior of an asset price within 60/120/300 seconds. Investors should have some trading experience before trading Turbo options.

Range

During Range options traders make a prognosis on whether the asset they choose to trade will expire within a predetermined range. In this case they will have the useful In/Out buttons to make their predictions.

Account Details

Accounts at Cedar Finance can be taken in three currencies: British Pounds, US Dollar and Euros. The broker accepts all main payment methods, like credit and debit cards, wire transfers and Moneybookers; so traders will not have any problems with making deposits and withdrawals.

There are different minimum and maximum deposits at Cedar Finance account depending what payment methods traders use. For example, the sums are $200 and $5000 accordingly if traders make transfers through credit/debit cards. If customers make funds with the help of wire transfers they are allowed to put $200 as minimum amount and there are no limits for maximum levels. There is no fee charged in these cases. But withdrawal transactions asses a fee of $25 if the amount is less $500.

Usually Cedar Finance traders have to use the same method used for deposits for withdrawals as well.

Bonuses

Cedar Finance gives an excellent chance for new customers to have an account opening bonus of about 100% or even more from the initial deposit. In order to withdraw the bonus amount, traders need to execute trades to the value of 30 times their initial bonus.

Depending on the deposit sums traders can open several types of accounts and are provided with bonus percentage based on the account level. Starter accounts, when initial deposits are from $200 till $499, receive an additional 30% bonus. Bronze accounts, when initial deposits are from $500 till $999, receive an additional 50% bonus. Silver accounts, when initial deposits are from $1000 till $4999, receive an additional 75% bonus. Gold accounts, when initial deposits are $5000 till $9999, receive a bonus of 100%. And finally, Platinum accounts, where initial deposits are from $10000 and more, receive a very special bonus with fully customized services.

Support

Cedar Finance provides all levels traders with professional customer support by all possible means to offer fast and high-qualified assistance in the form of live chat, email and phone support. Investors can easily contact not only financial or trading experts but also the technical support team, the dealing room, or sales desk. Phone support is presented in different languages and from several different countries.

There is a daily up-to-date market review page that gives a handy survey on market events and trends.