Trader’s Buddy offers no bonuses or VIP programmes since they are not a binary options broker in their own right but rather an automated trading software programme. They do, however, offer cutting edge, technologically advanced software which is intuitive and simple to use, even for those who have never traded in binary options before. Their customer support service is especially impressive since the support team are available to be contacted 24 hours a day, 7 days a week. There are also 3 different methods by which they can be contacted, with one of those being the especially convenient live chat facility which enables immediate responses to queries and problems. The choice of options available through Trader’s Buddy varies depending on which broker is chosen, however the available assets encompass all categories including commodities, currencies, indices and stocks.
Trader’s Buddy only entered the financial markets very recently and are a part of the team that is behind the well known and popular BinaryOptionsRobot.com. Already, they have established themselves as a reliable operator, only working with licensed and regulated brokers, and they have plenty to offer their clients including free educational resources and automatic stop losses to limit risk. Trader’s Buddy also has something special to offer as it not only enables automated trading like other binary options robots but it also enables semi-automatic trading with enabled alerts to draw the trader’s attention to possible lucrative trades as well as social trading which allows clients to follow some of the most talented and experienced investors in a peer 2 peer platform.
Trader’s Buddy is a relatively new entrant to the binary options trading market and, instead of being a regular binary options broker, instead offers innovative automatic trading software to enable clients to make a profit without expending any effort on their own behalf. Trader’s Buddy only work with fully licensed and regulated brokers for the client’s complete peace of mind, however they do not allow any clients from the USA to trade with them. This operator has also won a number of awards including the 2016 Excellence in Trading Silver Award and the Top Rated Trading Systems 2016 award.
The assets available for trading through Trader’s Buddy vary depending on the compatible broker chosen. As Trader’s Buddy is not actually a broker in its own right but is actually an automated trading platform, they provide access to a range of assets across all categories including stocks, commodities, indices and currencies with a number of licensed and regulated brokers.
Bonuses & VIP programs
At the present time, there appear to be no bonuses or VIP programmes offered by Trader’s Buddy.
The Trader’s Buddy software is technologically advanced, and as you would expect all their trading interface has been entirely optimised for use on mobile devices. There are no downloads or installations required to run the software as everything is 100% web based, and this means that it is possible to not only access the platform from a PC or laptop but also from any mobile device as long as it is connected to the internet. Whether you are using a tablet, Android smartphone or iPhone, you will find that it is a breeze to use the Trader’s Buddy software at any time and in any place while you are on the move. There is, however, no dedicated mobile app to download to enable quicker or easier access to the platform.
Deposits and Withdrawals
As Trader’s Buddy is not actually a broker in its own right but is instead an automated trading software programme, the client does not make a deposit through the website, but instead makes their deposit direct to their chosen broker. This means that the available methods for payment will vary depending on the broker chosen. All brokers offer different payment methods, so it should be easy to find one that offers your preferred deposit option, whether that be a traditional method or a more modern e-Wallet. Some of the commonly found deposit options include:
- Bank wire transfer
Trader’s Buddy have an excellent level of customer support available to its clients. There are support representatives available for contact 24 hours a day, 7 days a week, and clients can choose to contact the team via email, online web form or through the convenient Live Chat facility which can be accessed via the home page. This allows clients to obtain immediate support and advice whenever they need it. However, there is no telephone helpline or any multilingual support and the website can only be viewed in the English language.
Extra Features and Resources
Trader’s Buddy have thoughtfully provided some useful extra resources to improve the trading experience for their clients. They have an educational resource centre designed to help inform their clients and to enable them to widen their knowledge about binary options trading. They also offer an automatic stop loss service so that clients can limit their risk.
Trader’s Buddy has some impressive features that could lead to it being a strong choice for eager investors, however there are also some negatives
- Simple intuitive software which can be used with easy by novices or experienced investors
- 100% online trading interface requiring no installations or downloads
- Instant customer support via the live chat facility
- Compatible with many brokers
- Optimised for mobile trading
- Works only with licensed and regulated brokers for peace of mind
- An easy way to make profits with no effort
- Customisable with a choice of 3 algorithms for a personalised trading strategy
- Trading around the clock
- Educational resources available
- Quick and easy to set up an account
- Social trading available
- Completely free service
- Automatic stop losses for reduced risk
- Pending orders technology
- Limited support options with no telephone helpline
- Does not accept American traders
Can I trust Trader’s Buddy?
Although Trader’s Buddy is not regulated or licensed itself, it is only compatible with brokers that have been licensed and regulated to operate in the EU. Therefore, clients can rest assured that they are choosing a reliable and trustworthy service that will keep their personal and financial information very secure.
Which trading algorithms are available through Trader’s Buddy?
There are three different trading algorithms to choose from:
- Rush Options – Short term options up to a maximum of 120 seconds for manual or auto-trading
- Basers – medium term options up to 4 hours for manual or auto-trading. This is a medium risk reward
- Investo – long term options up to 3 days for conservative traders
These three algorithms are designed to accommodate all styles of trading and to suit each individual client’s level of risk.
Is it easy to use Trader’s Buddy?
The Trader’s Buddy trading interface is intuitive and easy to use, and registering for the service just takes a few minutes. All you need to do is complete a few details online and then you can get trading straight away. The entire process takes under 5 minutes and there is a video to watch to show you how to use the platform and to get the most from your trades so that you can get off the best possible start.
What are the trading options offered by Trader’s Buddy?
When you choose to trade with Trader’s Buddy, you can choose the style of trading which best suits your needs and preferences. If you are a complete beginner you may want to try fully automated trading where the software places trades on your behalf so that there is no need for the client to put in any effort themselves. More advanced investors may want to opt for semi-automatic trading which submits trade alerts to the client so that they can invest themselves should they wish to do so. Other clients may prefer a social trading experience where they can follow the trades of the most experienced investors in order to maximise their profits and to learn more about the process of binary options trading.