One of the earliest established online binary options brokers, Tradesolid was formed in 2008 and have now built up a reputation for excellent service and innovative trading products. There are many perks and bonuses for investors who choose this broker including special promotions, trading signals and the opportunity of opening an Islamic account, and with high quality trading software for traders’ use, Tradesolid are an excellent choice for investors who are experienced as well as those who are brand new to the binary options market. Whether you are looking for a broker with whom to begin your trading experience or are hoping to make a change from your existing broker, this Tradesolid binary options broker review will keep you fully informed so that you can make your decision about whether or not this is the right broker for you with ease.
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Tradesolid Account Types and Trading Options
There are three trading account types available through Tradesolid geared to suit the needs of a wide range of investors from the novice to the professional. Each comes with its own benefits and advantages. The Bronze account starts at just $500 and offers investors a daily market review as well as a personal account manager, an educational instructional course, limited 1 on 1 sessions and two weeks worth of trading signals as well as guidance tools. The Silver account requires a deposit of $2000 and brings the same benefits as the Bronze account with the added bonus of a three month Smart Trader TV trial, three free trading signals every day and five risk free trades. The highest level Gold account requires a minimum deposit of $5000 and offers all of the above benefits together with four free trading signals each day, a one week long risk free trading programme, analyst supported strategy and access to VIP trading groups. Tradesolid also offers a Mirror Trading account to allow investors to copy the trades of more experienced investors in order to increase their profits. There are also two automatic trading accounts offered to traders. Unfortunately, there is no demonstration account option, which is a useful option offered by many of Tradesolid’s rival brokers. This means that there is no opportunity to try out their trading platform before committing actual funds. There are, however, many bonuses available to Tradesolid’s customers including risk free trade promotions. There is even an academy section on the website where novices can find useful educational materials and videos that will enable them to gain a greater understanding of how to play the financial markets and improve their skills. Tradesolid offers a broad range of trading options including High/Low, Ladder Options, One Touch, Pair Options, Long Term and 60 Second trades.
Tradesolid Trading Platform
Tradesolid have chosen the respected and popular SpotOption trading platform which is well known throughout the financial industry. Utilising the most up to date version of this software, Tradesolid allow traders who access their trading room to use one of the best selections of trading tools available on any broker website. This trading platform supports trading of more than 50 different stocks, a choice of 20 different currency pairs and ten commodities over thirty indices. Mobile trading is also supported for those who prefer to trade on the move, and their proprietary application is available for download for both Apple and Android smartphones and tablets.
Tradesolid Customer Support and Deposit and Withdrawal Options
Tradesolid take excellent customer service seriously and therefore it is no surprise to see that they offer an easily accessible live chat option which appears immediately upon entering this broker’s website. This enables investors who are experiencing difficulties or who need a rapid response to a question or problem to obtain the immediate help that they require. The customer service operatives are well informed and knowledgable and are able to give useful and helpful advice and information, responding rapidly to issues. There are also other contact methods available to suit all preferences, including a telephone helpline and an email address. There are three languages spoken by the customer support team – English, Arabic and German, so that customers can get the support they require in a language that they can understand.
This broker offers a number of methods for withdrawal and deposit of funds into trading accounts. As well as offering the traditional Visa, Electron, MasterCard, Maestro and bank wire transfer options, there are also other more unusual methods such as Cartebleue and iDeal available for use. The minimum deposit amount for trading accounts has been set at just $100, making accessibility even for novices very affordable, however when using the bank wire transfer method, investors should note that the minimum deposit amount is raised to $500. Withdrawals are processed within three days, and there is no minimum withdrawal amount set. No fees are charged on any withdrawal except in the case where a bank wire is chosen as the method of choice, in which case a $25 banking fee is levied.
Overall, Tradesolid are reputable brokers who have plenty to offer both novice and experienced traders. With plenty of asset choices and three different trading account types to suit the needs of a wide range of investors, they also have a good breadth of banking methods available to cater to every trader’s preferences. Their customer support is also very good, with the knowledgeable team making it easy to obtain essential advice through a choice of contact methods.