TradeQuicker Review

Max Bonus: 50%

TradeQuicker

Rating: 4.3/10

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Broker	TradeQuicker
US Traders Accepted
Company Name	TradeQuicker Ltd.
Headquarters	British Virgin Islands
Regulation	No
Bonus Type	Match bonus
Bonus Size	50%
Max Payout	85%
Out-of-Money Reward	10%
Trading Platform	TradeQuicker Platform
Deposit Options	Credit/debit card, wire transfer, Ukash, Skrill
Deposit Currencies	US Dollar, British Pound, Euro
Minimum Deposit	$300
Minimum Trade	$5
Maximum Trade	$2,500
Online Since	2010
Trading Instruments	Currencies, commodities, stocks, indices
Number of Trading Instruments	64
Binary Option Types	High/Low, Option Builder, One Touch 60 Seconds
Customer Support Types	Email, web form, telephone UK number only), live chat
Education Offered	FAQ, glossary, how to pages, video tour
Tools Offered	Daily and weekly market analysis, personal account manager, Pro Platform
Commission	$25 fee for wire transfer withdrawal
Languages	English
Demo Account	No

TradeQuicker is a binary options website operated by a company by the same located in the British Virgin Islands. The site uses its own proprietary software to power its trading features, and offers its platform to white-label companies. While it is not a major platform, it looks very similar to common platforms like SpotOption. There is no mobile trading and TradeQuicker doesn’t offer a demo account, and there is a general lack of trading tools, but there are some good features. There are many different ways to trade, advanced features on the platform, and many different ways to deposit. Other drawbacks outweigh these positives, however; there is a very high minimum withdrawal amount, for example, and their customer service is questionable.

Account Features on TradeQuicker

TradeQuicker accounts are available to traders around the globe, but not the USA traders. You can open your account using $300 or the equivalent in British Pounds or Euros. No account tiers are mentioned on the site. There are a number of different ways you can deposit money including a credit card, wire transfer, Ukash, or Skrill. One of the things we really didn’t like about TradeQuicker was their policy concerning withdrawals. The only fees on the site are for wire transfer withdrawals and deposits ($25), but the real possibility of losing money comes from the high withdrawal minimum of $100. It is far too easy to picture how it would only take a few lost trades for a new trader who deposits the minimum to dip under this limit. If you fell beneath $100, you would not be able to withdraw your money again unless you were able to rise above that amount again.

Trading on TradeQuicker

TradeQuicker still isn’t available on mobile devices, and there is no demo trading. Since the site has been around since 2010 and still hasn’t added these features, you probably shouldn’t hold your breath waiting for them. You do get one risk free trade when you join the site as a bonus. There are also match bonuses of up to 50%.

TradeQuicker offers traders access to over 64 different trading instruments, including currencies, commodities, stocks, and indices. One of the better elements of the site is the number of different trade types which are available. Along with High/Low trades, you can also do One Touch or 60 Second trades. Option Builder allows you to set your own expiry times, and there is also a Pro Platform which gives you additional graphing tools to work with to plan your trades. Trades start out at just $5 for 60 Second trades. You can trade up to a maximum of $2,500. The range is reasonably flexible.

Resources and Tools

Resources and tools is another area where this site doesn’t particularly excel, although it is not an utter failure either. There is a glossary, FAQ, how-to pages, and a video tour which shows you how to get started on the site and some information about trading. Along with the Pro Platform, there are only a couple of other useful trading tools included on the site. Daily and weekly market analysis are helpful to fundamental traders who make their decisions based on news releases and other events. There is also a personal account manager available to any trader who wants to get advice before trading.

Questionable Customer Service

You can theoretically access the customer service team through email or web form, or by calling the telephone number provided. There is also a live chat feature on the site. There is only a single phone number, and it is located in the UK. So there are no numbers for international callers to use without paying international rates. During standard business hours on a weekday, we attempted to reach someone on the live chat line, and were given a vague message stating we should wait. Half an hour later, no one was there. We just got the same hold message on loop. The message didn’t indicate anything about how long we had to wait. It is quite likely no one was there at all.

We have seen some complaints about TradeQuicker online, indicating that they can be difficult to reach. Email turnaround time is apparently about a week. Traders should look for companies which will respond to their emails within 24 hours. A week is unacceptably long when it’s your money which is at stake. It also seems dubious that if you try to look up TradeQuicker in a search engine, you immediately find a lot of sites with poor customer reviews. The auto fill feature on Google suggests when you type “TradeQuicker,” that you are perhaps looking for “TradeQuicker complaints,” or “TradeQuicker withdrawals.” This seems to indicate that getting your money out can take a long time too. Or perhaps those complaints stem from customers who have invested and lost only to find they are under the $100 limit and can no longer take out their remaining funds.

Conclusion

TradeQuicker does have some appealing features, but they are hardly unique to this particular website or platform. There are lots of other binary options websites that allow you to trade a variety of different binary options types, and which include as many assets as TradeQuicker or more. Lots of other sites offer the same tools and resources plus others which give you even more power over your trading decisions and results.

TradeQuicker’s shortcomings are many, and it is difficult to recommend them to customers in light of those problems. They do not accept customers in the USA, and they do not have mobile trading or demo accounts. They have a very high minimum withdrawal limit set, and their customer service agents are hard to reach. Their online reputation and reviews seem dubious at best. They do not offer much in the way of added benefits for their traders. Even the account management service received some complaints from reviewers. So while there are no standout positives, there are a whole slew of negatives. There are many other binary options sites which are better worth your while.

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