TradersLeader Review

TradersLeader Logo Max Bonus: $600

TradersLeader

Rating: 1.0/10
TradersLeader Home Page Screenshot
Broker TradersLeader
US Traders Accepted
Company Name Seaside Payment Services Ltd.
Headquarters St. Julians, Malta
Regulation No
Bonus Type Loyalty bonus and match bonus
Bonus Size $600
Max Payout 75%
Out-of-Money Reward 10%
Trading Platform SpotOption
Deposit Options Credit/debit cards, Skrill, wire transfer, MoneyGram and CashU
Deposit Currencies US Dollar, British Pound, Euro
Minimum Deposit $50
Minimum Trade $1
Maximum Trade $1,500
Online Since 2011
Trading Instruments Forex, Commodities, Stocks, Indices
Number of Trading Instruments 143
Binary Option Types Call & Put Option, One Touch, Option Builder, Fast Binary, Option PRO
Customer Support Types 24-hour live chat, toll free numbers, email
Education Offered A web page dedicated to explaining how to trade, Demo Video
Tools Offered Daily Market Review, Weekly Market Review, Official Expiration Rates, Live Financial News
Commission Credit/debit card – free, wire transfer – $30.
Languages English, French, Italian, Arabic
Demo Account Yes, on request

TradersLeader is a 100% web-based professional trading platform powered by SpotOption. TradersLeader is the brand name of Seaside Payment Services Ltd., which is an unregulated company based in Malta. The company was founded in 2011 with an objective of giving investors an access to leading financial markets bringing them a host of trading solutions for earning profits. Using their intuitive trading platforms, investors can today trade in hundred of financial instruments. Thus, they have a good number of trading choices for investors and they support multiple languages viz. English, French, Italian and Arabic, facilitating trading among investors from different countries having different linguistic preferences.

They accept deposits in 3 different currencies of US Dollar, British Pound and Euro. And they have several modes for cash deposit and withdrawal, offering as much convenience to an investor as they could offer. They have maintained a minimum deposit amount of $50 only, which is good news for a small investor who wants to start small and wants to learn trading in a gradual manner. However, if someone wants to deposit money using wire transfer, he should better deposit a minimum amount of $200, because for a deposit below $200 using wire transfer, the investor will have to pay a processing fee of $25. They also want you to furnish few documents for the authentication of your account with them. All scanned copies of the required documents can be e-mailed to them. Another good thing about them is that they allow you to trade with the minimum amount of just $1. So, even if you lose a few times initially, you do not lose a big amount, while you can learn a lot many things about their platform. However, one can learn using their Demo account as well which is available on request. Anyone over 18 years of age can register with them for free and can request for their Demo Account. But in order to get a trading account, one need to create a fresh account, they do not upgrade a Demo Account to a Trading Account.

Trading Choices

TradersLeader has 143 financial instruments in its portfolio, which offers a fair number of trading choices, and a trader has good chances of finding a trading option with them as per his suitability. One can invest in different stocks, Forex, commodities and indices from leading financial markets. They offer an average In-the-Money ranging between 68% and 75%, while they do maintain an average out-of-money reward guarantee ranging between 5% and 10%. Thus, a newbie investor can be rest assured that he is not going to lose all his money with them, even if he commits a mistake in anticipating the market movements and loses his stake.

While using their conventional binary options of Call Option or Put Option, an investor can maximum earn 75%, their One Touch option can allow earning a profit of up to 500%. At the same time, using their Fast Binary Option, one can make a profit of 75% in just 60 seconds.

They have different kind of bonuses for luring the investors and ensuring their loyalty towards TradersLeader. First, let’s have a look at their Welcome Bonuses which may go up to 125%. They offer 100% match bonus of up to $200 on the first deposit. Surely, this could be an inspiring reason for an investor to open an account with them. Even on the second deposit, they offer 50% match bonus up to $400. And their third deposit comes with a 125% match bonus advantage of up to $600. Another type of bonus they offer is their Loyalty Bonus which can make an investor to earn $10 on every $1,000 turnover. Their list of bonuses does not end here but they also allow referral bonuses. Under their referral bonus program, an investor can earn a bonus of $50, when his friend deposits a sum of minimum $200 on his account with TradersLeader. There is no limit on the number of Referral Bonuses that you may receive, however in order to withdraw these bonuses you need to meet their certain terms and conditions. You need to execute a minimum trading volume of 30 times for every $1 bonus that you would have earned with them. However, if you want to withdraw your earnings, they may take up to 3 business days for processing the request and the money will reach in your account in next 5-7 days after the processing of the request. There are no charges for withdrawal, except in case of bank transfer where each withdrawal is subject to a processing fee of $30.

Technical Analysis

For helping their investors, TradersLeader offers several types of technical analysis and tools including Daily Market Review and Weekly Market Review. By analyzing these reviews, an investor can assess the market movements for making an investment decision. TradersLeader also provides Expired Rates so that investors can take best benefits of their One Touch and Fast Binary Options for earning profits. They also bring life Financial News for the investors to learn more about the current market developments.

Learning & Support

They provide a demo account to a newbie, but one needs to request for that after creating a free account with them. The demo account can give a hand-on experience to the trader helping him to learn more about the platform and every aspect of binary trading. TradersLeader also has a section dedicated to teaching investors about how to start trading with them. There is a Demo Video as well in this section that tries to explain everything from opening an account with them to trading binary options using their web-based platform. They also maintain a glossary of terms explaining all terminologies and technical jargons related to binary options trading. Their comprehensive FAQ section has several parts and each part tries to explain a particular aspect of trading with TradersLeader. They claim to offer 24-hour live chat support on their website and their chat support is a good way to get instant help from their courteous support staff. They quickly come to help to clearing all your doubts and helping you to make informed decisions. They can also be contacted through e-mails and telephone numbers. They also maintain toll-free numbers for their investors to contact them. Thus, they always try to remain in touch with their traders and try to quickly resolve all issues that a trader may face while investing with them.

Conclusion

For a beginner, TradersLeader can be a good option to try their hand in binary trading. First, they provide a demo account and maintain a minimum deposit of just $50. Moreover, one can start trading with as little as $1 only. So, even if you lose a few times initially, there is no significant loss discouraging you to keep trading with them. And in the process, you can learn a lot about the platform. They also give several types of opportunities of earning bonuses which can again lure the new investors. For experienced investors, One Touch and Fast Binary Options may seem to be more lucrative options. In One Touch, an investor can make up to 500% earning and this could be surely a point of attraction for someone who wants to make money very fast. Moreover, they are always accessible to answer to the queries of the investors. This is something very important for investors when they want to choose a binary options platform for their investment. From the communication point of view, TradersLeader deserves a thumps up, for sure.

TradersLeader, 1.0 out of 10 based on 1 rating

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2 Traders' Reviews

  1. reviewed TradersLeader

    Please do not trade with them. On 13 June 2014 I deposited $450 and by 16 June 2014 made a profit of $6100. I continued to trade and they literary changed my Entry rates so I could lose more and more. I lost all my money. Also keep in mind that they are not regulated so if they decide not to give you back your money you are not protected. Please stay away from Tradersleader. Contact me – smurty2005@inbox.com

  2. jose reviewed TradersLeader

    I agree
    Stay away from tradersleader
    They say the minimum withdrawal is 100 eur
    I have 430 eur.
    My money is retained and do not want to return.

      was the worst broker who negotiated

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