CherryTrade USA

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 USAPart of our job on this site is to provide our readers with the information they need when it comes to making a sound decision regarding which binary option broker they will sign up with. It is an assignment we take very seriously. When we review a site that deserves some extra attention we like to point that out and CherryTrade is definitely one of those brokers that deserves some extra credit for the way they run their website.

They are constantly searching for new ways to make an already good website even better. They offer their many customers some excellent opportunities to earn bonuses and also provide a lot of learning tools that will help both beginner and veteran traders alike. Things like this made us want to do some extra reviews on them to highlight all they have to offer their binary options traders.

There is also a detailed review on our website which breaks out almost everything good and bad about CherryTrade, but to be honest there was not much not to like. They have five different account types that all come with unique special features and generous sign up bonuses.

CherryTrade also offers some of the best return on investments in the business with some that can be as high as 85%; one of the highest that can be found on any binary option website. As digital options our expected to grow significantly over the next few years, so will CherryTrade’s innovative and clever way to best put them to use. It is a site that is led by a strong core of experienced professionals that have strong finance and market trading backgrounds.

The easy to use trading platform is also 100% web based, that means there is nothing to buy or download in order to use the site. It only takes a quick sign up process and a deposit to get a password to enter and then use the site. As was mentioned before, even beginner traders will find the trading platform simple to understand and use.

CherryTrade also offers an exceptional list of assets to trade which include stocks, commodities, currency pairs and indices. They also have a wide variety of expiration times to choose from also such as 30 seconds, 60 second, 2 minute, 5 minute, 30 minute and 1 hour expiration times. It is a site that lets its traders choose from such options as High/Low options, One Touch options, 60 second options, Long Term options, Pair Options and the fun to trade Ladder Options.

They also feature CherryRevenue, which is an affiliate program that provides those who use it with an excellent revenue stream. They always pay their affiliate bonuses by the 12th of each month too; they realize just how important their affiliates are to their continued growth.

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References and Further Reading:

1. Relationship between Exchange Rate and Stock Prices in India-An Empirical Analysis (GC Nath, GP Samanta – 2003)

2. Currency intervention and the global portfolio balance effect: Japanese and Swiss lessons, 2003-2004 and 2009-2010 (P Gerlach, R McCauley, K Ueda – 2011)

3. China implements new foreign exchange regime (TE Jones – Int’l Fin. L. Rev – 1998)

4. A comparison of reported earnings under Chinese GAAP vs. IAS: Evidence from the Shanghai Stock Exchange (CJP Chen, FA Gul, X Su – 1999)

5. Should central bankers talk to the foreign exchange markets? (M Beine, G Janssen, C Lecourt – 2009)

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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