TraderXP – Test & Review

By BinaryOptions On January 31, 2012 Under Binary Options Brokers - Test & Reviews

TraderXP.com - world's best binary options siteTraderXP is a binary option broker operating for over ten years on the European market. Its head office is based in the British Virgin Islands and farm buildings in Cyprus. With a long experience, TraderXP is an essential intermediary in the market.

Let’s review its main features, how it works, its advantages and disadvantages.

1. A quick registration:

The first thing that strikes is the speed of the registration: just provide your name, first name, your country of residence, your email and you are almost registered. A few minutes later, you can make a deposit and take your first position in the market. Side efficiency, TraderXP can hardly be beaten.
On the side of the deposits, TraderXP accepts bank transfers, Western Union and also paypal (it’s an advantage because few broker accept paypal). The withdrawal is possible by using your free account Credit Card or using a bank transfer or by requesting a check (for these last two options, it will pay a fee).

=> Discover TraderXP (click here)

2. Simple operation:

On your first connection to the platform, you will be sensitive to its ease of use, all goes through a browser. There is no need to download and install a program to access the stairs.

TraderXP proposes the traditional investment market: call or put depending on your appreciation of market orientation.

TraderXP also established that all other options do not use brokers, in the case of the Double Up option allows when a trade is going well and your assessment of the market is the right to create a new trade receiving the same conditions, and is a good way to develop a good understanding of the market by earning more. TraderXP also uses the Rollover feature which cuts an option before the end of the expiration date. This allows you to limit your losses in case of poor assessment of the market. Advantage: This option is free here as it is often charged with other brokers.

3. The advantages of this broker:

=> Discover TraderXP (click here)

In addition to ease of use and options offered by the brokers, TraderXP has other advantages:

The site offers a wide range of binary options (33 actions, 15 currencies, commodities and 7 28 indices), nearly double some brokers that we have tested! Be careful, because some options should be handled only by experienced traders. However, beginners will find a wide choice of options to start and learn to trade.
TraderXP regularly offers welcome offers to find the platform. Be sure to follow the news site or contact the consumer because the offers seem to change often.

4. The disadvantages:

The news section is rather sparse and news are not first-hand, yahoo mas come from, which is perhaps not the main reference for the economic analysis.

TraderXP seems to have a training policy but the conditions of participation are not clearly explained on the site.

TraderXP be better suited to large deposits because the minimum deposit is $ 200 (or euro – for a new account is possible in both currencies) and the broker does not accept the option of taking $ 10, which in some other brokers is often a standard).

Despite these small inconveniences, TraderXP is a secure platform, which offers a good trading experience. We can only recommend the use of the broker to discover or improve your skills in trading binary options.

=> Discover TraderXP (click here)

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