CherryTrade Deposit Bonus

UPDATE (3.10.2016):

We have found out that CherryTrade is closed.

We recommend choosing one of our top binary option brokers instead:

1. IQ Option
2. Banc de Binary
3. Finpari (for US traders)

Try also Binary Option Robot if you are looking for automated binary trading.

Old Review:

CherryTrade Deposit BonusWhy has CherryTrade become one of the leading binary options brokers? It’s because any time a binary options broker combines helpful learning tools, risk management, professional analysis and a lot of other relevant market experience; it is a recipe for success for those that trade on that website. CherryTrade gives its many traders that and a whole lot more.

The CherryTrade site is one that prides itself on offering a wide variety of binary options one on one learning sessions and backs up the site with excellent customer service and support. It is also a site that offers several different account levels with generous bonuses associated with each one of them.

Here is an overview of the different CherryTrade account levels.

The most basic level account is that of the Classic Account. This account level is for those traders that sign up to the website and place an initial deposit of $200 – $499. There is a generous welcoming bonus of 25% that is associated with this level account. Classic account holders will also receive daily and weekly market updates and reviews.

The next highest account level is the Bronze Account. This account level is for those traders that sign up to the website and place an initial deposit of $500 – $999. There is a generous welcoming bonus of 35% that is associated with this level account and all subsequent deposits will also receive a 20% deposit bonus. In addition to the trader receiving the daily and weekly market updates and reviews, traders will also be entitled to need to free weekly support calls and various improvement sessions.

Going up another account level takes a person to the Silver Account. This account level is for those traders that sign up to the website and place an initial deposit of $1000 – $4999. There is a generous welcoming bonus of up to 50% that is associated with this level account and all subsequent deposits will also receive a 35% deposit bonus. In addition to being eligible for all the features of the lower accounts, an investor will also receive 4 virtually risk free trades amounting to $50 each and also receive free auto trading signals.

Going up to the next highest level brings a trader to the Gold Account. This account level is for those traders that sign up to the website and place an initial deposit of $5000 – $9999. There is a generous welcoming bonus of up to 75% that is associated with this level account and all subsequent deposits will also receive a 50% deposit bonus. In addition to being eligible for all the features of the lower accounts, an investor will also receive 4 virtually risk free trades amounting to $250 each, free auto trading signals and access to all the weekly and monthly fundamental learning sessions. They will also have access to an account manager on Skype.

The highest level account is the Diamond Account. This account level is for those traders that sign up to the website and place an initial deposit of $10,000+. There is a generous welcoming bonus of up to 100% that is associated with this level account and all subsequent deposits will also receive a 100% deposit bonus. In addition to being eligible for all the features of the lower accounts, an investor will also receive 10% loss insurance for any month the trader experiences a loss in their overall trading.

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References and Further Reading:

1. A machine learning approach to intraday trading on foreign exchange markets (A Hryshko, T Downs – 2005)

2. Hedging with international stock index futures: an intertemporal error correction model (A Ghosh, R Clayton – 1996)

3. A Simple Test of Momentum in Foreign Exchange Markets (JE Gómez-González – 2012)

4. A model of trade in money, goods and factors (M Schmid – 1976)

5. Relationship between Exchange Rate Volatility and Central Bank Intervention An Empirical Analysis for India (H Behera, V Narasimhan, KN Murty – 2008)

7 Binary Options review: CherryTrade: 4,5 stars.
John Miller
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John Miller

John has worked in investment banking for 10 years and is the main author at 7 Binary Options. He holds a Master's degree in Economics.
John Miller
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