We have found out that TradeThunder is not a reliable broker and decided to blacklist it. 7 Binary Options does NOT recommend trading with TradeThunder.
We recommend choosing one of our top binary option brokers instead:
Try also Binary Option Robot if you are looking for automated binary trading.
There is a new binary option broker that accepts USA traders and has an amazing trading platform. That new broker is called TradeThunder. Like its name says, they were taking us by storm as we did this review. They are an innovative international broker to say the least that is continually adding features that satisfy the many investors that use them to place binary options trades. Here is our review of this really good website to trade binary options on.
Online since: 2015
Max Returns: 90%
Minimum Deposit: $20
Minimum Investment: $1
Maximum Investment: $500
Currencies: USD, EUR
Countries: All nations
− Innovative and Unique trading platform
− Low $1 minimum investments
− A variety of different account levels
− USA investors eligible to trade on the website
− Helpful Demo Account
− Mobile Trading App
– Limited selection of currencies
7 Binary Options Rating:
Just like most binary options brokers, TradeThunder offers their investors several different account choices. The account level that each individual trader is assigned to is based directly on the amount of each trader’s initial deposit. Since all this is clearly explained on the website before signing up, each investor knows exactly what they are dealing with as far as accounts are concerned. Here are the various account types that traders can be assigned to on TradeThunder:
- TradeThunder Standard Account
This level requires a minimum deposit of $200 – $599 and comes with a 40% signup bonus. Also included in the standard account level are invites to attend two free instructional trading webinars, a free binary options trading e-book and TradeThunder’s very informative weekly review of the market.
- TradeThunder Premium Account
This level requires a minimum deposit of $600 – $999 and comes with a 60% signup bonus. Also included in this account level are invites to attend two free instructional trading webinars, a free binary options trading e-book, two weeks free trading signals and TradeThunder’s very informative weekly review of the market.
- TradeThunder Pro Account
This level requires a minimum deposit of $1000 – $4999 and comes with a 75% signup bonus. Also included in this account level are invites to attend 4 free instructional trading webinars, a free binary options trading e-book, 3 risk free trades, one month of free trading signals and TradeThunder’s very informative weekly review of the market.
- TradeThunder VIP Account
This level requires a minimum deposit of $5000 and comes with a 100% signup bonus. Also included in this account level are invites to attend all instructional trading webinars, a free binary options trading e-book, increased max trades to $500, free trading signals, binary option robot and five risk free trades and TradeThunder’s very informative weekly review of the market.
TradeThunder Trading Platform
This innovative web broker uses the unique ‘Leverate’ trading platform software. It features a trading platform that is changing the ease in which binary options trading is done on a website. It has some modern features in the platform that are unlike anything that is seen on other web brokerage platforms. It will utilize the full capabilities of your computer screen to bring you the ultimate trading experience. You can expect it to do such things as highlight asset choices, show you the binary options that can be traded with each particular asset and easily guide you to the high/low buttons as you select which way the asset will be trending at the expiration of your trade.
Unlike some trading platforms that other brokers have, the trade dollar amount on TradeThunder is always set to zero; this will help eliminate placing trades for amounts that were more than you intended to spend; believe it or not, this happens more often than you think on most other binary options trading platforms. This will allow you to select the amount you want to spend on a trade from the minimum amount of $1 up to the maximum amount for your account level. The low trade minimum dollar amount means you can afford to risk losing just a little money going after some big returns on investment.
It is good to see trading software like Leverate BX8 finally bringing some badly needed trading platform changes to the world of binary options trading; the industry had up until this point been dominated by only two different types of trading platform software. In our opinion this could be the most relevant reason to use the TradeThunder web broker. It is a platform that is designed to be especially fast and be easily navigated by a series of simple ‘one click’ functions. It makes it easy to place binary option trades with any of the over 80 assets that this web broker offers.
TradeThunder Support and Services
This broker provides a more than adequate means of customer support through all the usual channels. We made several attempts to contact customer service through live chat and were satisfied every time but one when they told us that time to submit our question by email. We do not feel that live chat support should ever have to defer a question to e-mail because they are basically being answered by the same people. This is one of the very few negative things we found with TradeThunder in our review and it is a minor one that is easily correctable.
Banking and Company
The TradeThunder account minimum deposit is a low $20; that figure is a lot lower than most binary options brokers in the industry. That means traders with a variety of different income levels can join and use TradeThunder. Not only is their initial deposit low but there minimum trade amount is a low $1 too.You can use Visa or MasterCard to make your deposit and they also accept bank wire transfers.
Withdrawals with this web broker’s banking platform generally take three to five business days which is directly in line with the majority of the binary options brokers that can be found in the world of binary options trading. That claim to have low fees that are associated with their withdrawals too.
We opened a standard account with which to do our review and we found that its many features were as good as or better than advertised. Trading was straightforward and easy to understand and initiate.
Our Final Thoughts about TradeThunder
This is really a pretty good website with which to place your binary options trades. They have proven themselves over time to be trustworthy and have a unique trading platform that helps those who trade with them to be as successful as possible with their binary options trading. In all honesty, we have no problem recommending this site if you are looking to start trading binary options or want to try a new binary options broker that does things a little different than all the rest. It is a site that has all the ingredients to make any binary options trader profit consistently.
Customer Service: Live Chat / Email: [email protected]
Languages: English, Spanish, German
Trading Options: High / Low, 60seconds
Assets: Currencies, Stocks, Indices, Commodities
Early close: No
Expiry Times: 60 sec, 2min, 15 min, 30 min, 1 hr
Deposits and Withdrawals: Visa, Mastercard, Amex, Bank Wire, Paypal
Withdrawal Time: 3-5 days
Demo account: Yes
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