TraderXP Review

TraderXP Broker

Having TraderXP as a broker, is an excellent way to enter the world of online trading. Their site provides traders with all of the tools they need to trade binary options with confidence. With its platform being the first choice for many traders who are seeking a simple, fast and user-friendly way to trade online, TraderXP trading plays a significant role in the binary options industry.

You can trade a wide range of assets with TraderXP broker and at the same time customers are supplied with unique features and tools so that they can maximize their profits easily. Traders can find up-to-date information and handy tips on the site, so that all decisions can be made based on knowledge.

Additionally, traders will find market analysis, tutorials and daily news delivered to them regularly through the TraderXP platform.

TraderXP Binary

It is worth mentioning in this TraderXP review that the process of trading binary options with this provider is simple and fast. Customers can easily choose the asset they want to trade, click on the “Call” button if they believe the asset price will rise by the expiry time, or ‘Put’ button if they believe the price will fall. After that they wait till the expiration time, get the outcome, and collect their profit.

One of the biggest TraderXP trading advantages is that the investments with them are considered to be low- risk, because the percentage reward is known from the onset, and traders know how much they stand to lose when a trade is “out of the money”.

Plus, TraderXP broker offers very high payouts, from 65% till 75% in the case when trades are “in the money”, a term used to describe a winning trade.

TraderXP Trading Instruments

In this TraderXP review we would like to list available instruments for trading at the platform.

Option Builder

Option Builder gives traders the flexibility to build an option by customizing choices like expiry times, assets, and set risk levels. Instead of choosing an expiry time out of the predetermined expiry time options set by the broker for that asset, like in traditional call or put options, traders can choose exactly when they would like their trade to end. After becoming familiar with trading binary options, this instrument can become very useful.

60 Second Option

Buying this type of option, traders have to choose in what direction the price of an asset will move towards within a one minute period. We think that only professional traders can take advantage from this as it will be more challenging for beginners to predict price movement in such a short period of time.

One Touch option

One Touch option is geared for traders who believe that the price of a chosen asset will exceed a certain level by the end of expiration time, but who are unsure if the higher price the asset has reached will sustain its new price. It is a great opportunity to make the most profit because One Touch options offer up to 500% on a traders` investment.  An asset just need to touch the specific price set by TraderXP, which requires greater effort to do that than the standard high or low binary option.

TraderXP Minimum Deposit

Opening an account with TraderXP binary is quite simple. The site has a wide range of convenient, secure and reputable deposit methods which enables new account holders to transfer funds to their account in several of the supported currencies; the US Dollar and Euro to name a few. Keep in mind, after the registration process it will not be possible to change currencies.

New traders do not have to pay any registration feeto open an account. There is a number of bonus options available to for new customers as the part of TraderXP binary promotion program, which can viewed anytime on TraderXP’s website.

Traders are not obliged to pay any fees to withdraw funds from trader accounts by means of debit or credit cards. However, TraderXP does set a minimal withdrawal limit, with every amount specific to the currency set for the account.

TraderXP Review – Support

Customer support is professionally provided via email or by calling one of the group’s satellite offices. In addition, traders can reach a TraderXP representative via online chat. TraderXP broker is proud to have an excellent staff of customer service representatives and trading experts who always guarantee the best personal assistance.