10Trade Minimum Deposit
The banking system with this broker is very well integrated with the binary options trading platform. As such the deposit process at 10Trade happens to be very fast and seamless. However, the time taken for the deposited funds to reflect in your 10Trade account will mainly depend on the method you used to deposit the money. Just like with any other legitimate broker out there, there is a minimum amount that a trader is required to deposit into his or her trading account before he or she can start trading binary options on this platform. In this case, the minimum amount that any trader on this platform should deposit before trading in binary options is $200. With 10Trade, the minimum you can invest on any given passion is $10. This implies that a trader can carry out up to 20 trades with this minimum deposit, which is a good value for your money.
Before you deposit any money into your 10Trade options trading account, you should ensure that you have verified your account. This is done by submitting the necessary verification documents, as stipulated by the broker. The documents that you need to submit for the purpose of verifications include:
- A copy of your government issued ID, residency card, passport or a driver’s license
- A proof of your current residency- this may be in the form of a utility bill bearing information on your current residence and full name.
- If you will be using your credit card to deposit money into your 10Tradeinary account, you also need to send a scanned copy of the credit card. The copy should depict the front and back sides of the card clearly. Additionally, you should conceal the middle 8 numbers on the front side and the CVV at the back of your card prior to sending the copies to the broker.
After you have scanned these documents, you should send them to firstname.lastname@example.org for the purpose of verification. While sending, you should mention your full name on the subject line of the email. With 10Tradeinary traders have numerous methods, though which they can fund their trading accounts. Foe instance, the broker allows traders to use credit and debit cards, bank transfers, wire transfers, as well as e-wallets to deposit money into their accounts. After your deposited amount reflects in your trading account, you can start profiting from making speculations in the financial market through 10tTrade.
The company supports many money processing methods. This leaves the traders on this platform with a wide field of choice, with regards to the method they can use to deposit or withdraw money. Some of the supported methods include Skrill, BitCoin, CashU, iDeal and Neteller. The company is also working tirelessly to provide its customers with more ways of depositing and withdrawing their money. The deposit and withdrawal processes at 10Trade are also very secure, since they are supported by a 138-bit SSL encryption. The functional and intuitive trading platform at 10Trade is designed to offer unparalleled level of freedom, when it comes to customizing their banking preferences and account set up. The banking system with 10Trade is also well integrated with the trading platform, which gives the traders easy time while depositing or withdrawing their money.
Basically, the 10Trade was designed with the sole intention of offering high levels of integrity and technology in the binary options trading industry. Currently, the company has a turnover amounting to millions of dollars every single month. As such, the company has managed to build trust among it customers. The registration and login processes at 10Trade are also very easy and safe. To register for a 10Trade trading accounts, you need to fill the required personal details into the registrations forms provided by the binary options broker on its website. Once you have submitted the required personal data, the company will send you a verification email, which contains a link. You should click on this link to verify the information you provided during registration.
Before making the first deposit into your trading account, you should ensure that you have verified your 10Trade account. This is done by submitting the required verification documents to the broker. Ensuring that your accounts verified will give you easy time while carrying our various transactions on the site. Additionally, verification boosts the security of your account and makes it possible for you to withdraw your proceeds from your account. The verification process with 10Trade is fast as well, taking a maximum of 24 hours. After the account has been verified, you will have many deposit methods to choose from. You can then choose your preferred deposit method and make the initial deposit, the minimum amount being $200. The following is the breakdown of the registration process at 10Trade for a better understanding:
- Navigate to the broker website and click on the Open Trading Account tab from the home page.
- Fill the provided registration form with all the required information and click on submit.
- Now go to your email address and use the link on the email that you receive from the broker to verify your accounts.
- You should then send the required verification documents to the provided email address and wait for the company to verify your account.
If you come across any problem while registering for an account or signing into your 10Trade account, you should not hesitate to contact the customer care representatives. This may be done through the live chat feature on the broker website, by calling them through the provided phone number or submitting a query through support@10Trade.com. All these methods will ensure that your concerns are addressed by the professional and knowledgeable customer care team in the shortest time possible. As opposed to other well renowned brokers in this industry, all the traders on this platform are treated the same way. This is to say that the broker does not have different account options for traders to choose from. The trading options provided by this company include the One Touch, Boundary and the conventional High/Low binary options.
The list of assets that the trades can trade in on this platform is also wide and interesting. The traders on this platform can also experience the convenience and flexibility of trading in binary options by installing the mobile trading platform on their mobile devices. The mobile trading platform only supports the devices with iPhone and Android operating systems. Whether using the mobile or the desktop based trading platform, traders can easily and conveniently get in touch with the customer care representatives at 10Trade at any given time. The withdrawal process on this platform takes a maximum of five days, hence is one of the fastest in the industry.
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Demo Account at 10Trade
The demo accounts offered by some of the well renowned brokers in the industry help the traders to enhance their binary options trading skills. Rather than risking real money to practice trading binary options, the traders may use a demo account. As such, the money you use in the demo account is virtual, so is the profit or lose that you make while using this type of account. Trading in binary options can be a bit confusing for the beginners as well as for the experienced traders, especially if they have signed up with a new broker, binary options robot or binary options signals services. Once you have mastered how to use the various binary options trading strategies and are conversant with the features and tools used on a certain platform, you can start to make good money with this platform. Regardless of the many benefits associated with demo binary options trading accounts, 10Trade does not offer demo accounts to the traders on its platform.
On the contrary, the company offers an array of supportive features to help their customers profit from trading binary options on their platform. The customer support at 10Trade is offered in more than ten languages, including Spanish, English, Swedish, French, Italian, Russian, Portuguese, Dutch, Norwegian and Polish. This eliminates language barrier as traders try to get professionals and highly beneficial customer support. Additionally, 10Trade also offers a regulated binary options trading platform, hence has managed to win the trust of many traders across the world. The traders on its platform may also get in touch with the customer care representatives at any given time of the day or night through the various channels provided on the broker website.
Although the broker does not offer demo trading accounts, this should not hinder the aspiring traders from signing up with and enjoying the convenience of trading in binary options through the broker. 10Trade is a regulated platform, hence safe and secure for traders’ money. The regulating body in this regard is the CySEC. The platform also features innovative as well as practical features and tools to help traders succeed in the industry. Although the broker does not advertise on the promotions and bonuses it offers, it has a horde of benefits for its clients, hence a well renowned and trustworthy broker in the industry. Additionally, the broker has gone out of its way to offer the traders on its platform access to a vast source of educational material, regarding trading in binary options. This being the case, the traders on the 10Trade platform can access eBooks, video courses, one on one training sessions and webinars on how to succeed in this industry. This information is far better than the experience any demo trading accounts can ever offer.
10Trade for USA Traders
Over the recent years, binary options trading have become increasingly popular in the United States. This may be attributed to the fact that the trade has its roots in the country. However, the binary trading industry in the USA is highly supervised and regulated by some of the most popular bodies in the world, the Exchange Commission and the Commodity Futures Trading Commission. Over the years, the strict regulations imposed by these bodies in the region have made it more difficult for many brokers to accept traders from the USA. Trading in binary options in the USA id not illegal; it is in accordance with the state law and federal law requirements in all the member states. Although the individual traders in this country are allowed to register with brokers and trade in binary options, the unregulated and offshore brokers are not allowed to accept traders from the USA.
This is to say that the US nationals are free to signup with any of their preferred binary options brokers, but it is illegal for the unregulated and a majority of offshore binary options brokers to accept traders from this region on their trading platforms. As a matter of fact, brokers cannot accept USA based traders unless they are approved by the CFTC. With this in mind, a good number of the brokers outside USA are accepting USA based traders without being certified and a good number of them are not accepting registration by the USA traders on their platforms. Some of them are offering quality and authentic services to the USA nationals, even without the certificate, but some of them are just, but scams.
If you are a binary options trader based in the USA, you basically have two main options, with regards to types of brokers. There are those that are legally accepting USA members and there are those that are not licensed to do this, but are accepting USA traders. Well, the choice as to which broker to opt for is yours, but 10Trade is not currently accepting registration by US nationals on its platform. This is mainly because of the strict regulations imposed by the US government. In addition to the USA, the 10Trade binary options trading platform is not currently accepting registration from traders based in a number of other countries, such as New Zealand, South Africa, Israel, Australia, Canada, Canada and Japan. If you are a trader based in any of these countries, you may register with the brokers featured on the 10Trade broker website and enjoy the exemplary trading platforms they offer.
Mobile Trading platform at 10Trade
A good number of traders today do not have much time to sit in front of their computers, analyzing the various assets and opening positions on the desktop-based trading platform. This is why an increasing number o trader in the binary options trading market are looking for a more flexible and convenient solution that allows them to trade in binary options while on the go. In order to address this concern, 10Trade unveiled a state-of-the art and highly innovative mobile trading platform for the traders on its platform. 10Trade has applied its leading technology in developing the highly efficient and very practical binary options trading platform.
With the 10Trade mobile trading platform, traders can now have the convenience of trading binary options from their Smart phones. As such, all you need is a mobile device that runs on an iPhone or Android software and the 10Trade mobile application installed in it. With the mobile trading platform offered by this company, traders still have access to numerous assets and support features to enhance their binary options trading experience. The platform has redefined the versatility of trading binary options today, because it features many supportive features and tools for traders to open and close positions while on the go.
With the 10Trade mobile trading platform, traders have access to a wide variety of assets to trade in, including more than 80 stocks, 11 paired assets, 23 forex assets, 35 indices and 8 commodities. This vast selection leaves both the beginner and the experienced traders with a lot of flexibility. The features offered on this platform are equally magnificent, including the Rollover feature that allows a trader to extend the expiry period for the assets they have chosen to trade in. additionally, traders can also double the investment on any given position while using the mobile trading platform. In this regard, the 10Trade binary options platform was solely designed to offer easy access, flexible and convenient trading experience as well as outstanding support features. Using this platform is also very easy for the new and existing users alike.
The payoff on the more than 150 assets offered on this platform is also very impressive. Some of the innovative products and tools you will come across while using this platform include the Ladder Options, Trader’s Choice, a buy-out feature and history graphs. The mobile trading platform offered by 10Trade also allows its users to use the 60 Seconds and the One Touch binary options, just like the 10Trade desktop based trading platform. With the mobile trading platform, trades can easily and securely deposit and withdraw funds into and out of their 10Trade accounts as well. As a matter of fact, your withdrawal request with the mobile trading platform at 10Trade will be processed in less than 48 hours.
However, you have to bear in mind that the standard withdrawal rules imposed by the broker on the desktop trading platform also apply to the mobile trading platform. While using wire transfer to withdraw funds from your 10Trade account, your request will be processed free of charge, provide that you withdraw once in a month. Regardless of where you are, you only need an internet connection and the 10Trade mobile trading application installed on your mobile device to read trading history, get trade alerts as well as open and close positions through your 10Trade account.
Bonuses offered by 10Trade
The 10Trade broker offers an array of promotional features and bonuses to its new and existing users alike. The rewards offered by this company include one-time trading credits and cash bonuses. The maximum amount of bonus that you can get while operating a 10Trade account is $10,000. This bonus is offered on a 30x turnover. All the cash bonuses offered by this company are limited time offers and are regulated by preset terms and conditions. While trading on the 10Trade platform, you have the option of either accepting or declining the various bonuses offered by the broker. The bonus you get from 10Trade may be used to open various options, including the 60 Seconds and the One Touch binary options.
The thousands of traders using this binary options trading platform from across the world are not only happy with the various bonuses offered by the broker, but also the various advantages and features offered by this platform. For instance, traders can attempt trading the riskier, yet fascinating Long Term and Ladder trading binary options, or just experience the beauty of trading the Pairs Trading possibility on this platform.
Restrictions on 10Trade Bonus Withdrawal
Although there are numerous and highly interesting bonuses offered by this broker, the bonuses are governed by certain terms and conditions that need to be met before the trader can withdraw the bonus, along with its profits. For instance, you cannot withdraw the bonus until you have met the preset minimum trading volume in your 10Trade account. In most cases, the minimum trading volume is set at 30, 40 or 50 times the values of the 10Trade bonus you received. For example, if the company awarded you a deposit of $500, you will be required to generate a trading volume of $20,000, before you can withdraw your bonus amount. While the company does not prevent their users from withdrawing their deposited money, the trader will not be able to withdraw any profits he will have made while using the bonus to trade in binary options, unless he or she has met the minimum trading volume.
While calculating the trading volume at 10Trade, the volume generated by trading Ladder Options and One Touch options is not taken into account. However, you may still opt not to get a bonus from the company and instead open positions using your deposited funds. In this case, the withdrawal requirements set for bonus withdrawals will not apply. If you have accepted any bonus from the company by mistake, you may still contact the support team at 10Trade to have the award reversed. In this case, the reverse will be carried out in not more than five days.
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References and Further Reading:
1. Time zone normalization of FX seasonality (S Masry, A Dupuis, RB Olsen, E Tsang – 2013)
2. How are global markets global? The architecture of a flow world (MH Eng, Y Li, QG Wang, TH Lee – 2008)
3. Information and volatility links in the foreign exchange market (S Treepongkaruna, S Gray – 2009)
4. The handbook of pairs trading: Strategies using equities, options, and futures (DS Ehrman – 2006)
5. Support for resistance: technical analysis and intraday exchange rates (CL Osler – 2000)
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