TradeRush Broker Review
Signup For Free and Test it out with a Demo Account: Click Here
US Customers: YES
Established: 2009
Bonus: Exclusive 100% Bonus up to $5000 Click Here Now plus get 2-15% back on losing trades
Minimum Deposit: $200
Minimum Trade: $25
Assests: Currently customers can trade 18 stocks, and soon the additional 21 indices, 9 commodities and 13 currency pairs
Trade Rush provide a binary options trading service based on the provision of extensive market information and the ability for trader to purchase 60-second contracts. For intraday traders and scalpers this is really the foremost binary trading option provider and it allows a purchase minimum of $10 and a maximum of $100. This fast-paced option is available on several currency pairs on a 24 hour basis and on gold and a hand full of other underlying assets. As the name suggest, this binary options broker specialises in short term expiry times and is an excellent tool for those who like to live in the fast lane. Whilst most brokers will offer a 5 minute expiry as the very minimum due to processing and liquidity issues TradeRush.com have no barriers making them the definitive option for binary options traders who demand extremely short-term timeframes.
60 second trading is the most attractive feature of TradeRush and it works with a trader being able to purchase multiple 60-second options within a few seconds with the click of the mouse button. This goes a long way to explaining why it claims to be the fastest growing binary options broker in the world as the demand for short-term intra day options trading increases. The fact that TradeRush also offer the more traditional 15, 30 and 1 hour expiry options sets it up as one of the best short term trading platforms available. Combined with a straightforward payment procedure accepting all major cards and a minimum deposit of only $100 most traders can be up and running in a matter of minutes.
The cost of trading such small timeframes is that clearly, you can expire out of the money very quickly, however, TradeRush offer a protection return of between 0-10% on the initial investment and an extremely competitive 81% return on most of their 60-second binary options. This increases to 500% with the use of their ‘OneTouch’ trading feature, allowing a trader to trade during weekends when the markets are closed and either buy or sell a pre-determined price in the market. If price touches this level during the trading week then it will be considered as in the money regardless of where it expires. This technique requires some analytical skills and is therefore aimed at the more advanced investor.
Another feature which is offered by TradeRush is the ability for an open position to be ‘doubled-up’ by the trader. This allows the potential returns to be doubled if you find yourself significantly in the money and highly likely to expire the correct side of the strike price. Like many other options brokers are starting to incorporate, TradeRush also allows for expiry times to be rolled over to the next available expiry. This allows a trader to rollover a potentially out of the money option without increasing their risk or exposure and, importantly, allowing another chance to close in the money.
The web interface is clean and user-friendly and the number of underlying assets available to trade is extensive. The platform is based online and therefore does not require any software to be downloaded before being able to trade. It also offers 24 hour live chat option throughout the week to support its clients and frequently offer bonuses to both existing and new customers. It offers fast withdrawals at a competitive $25 rate per transaction and has an extensive FAQ guide as well as a tutorial section for visitors and new binary options traders.
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