Traderush is a trading company founded in 2011. It is well-known due to its innovative platform and its wide range of trading assets. They have plenty of registered members who are pleased with the fact that the firm requires a minimum trade of only five dollars. We have detailed a lot of useful information about them. Check it out!
What Is Traderush?
Traderush is an innovative trading platform. The company is based in Cyprus, and it is one of the most respected trading firms in the world. An interesting fact about Traderush is that it was the first company to apply the 60 seconds binary option. If you want to create a new account, you should know their minimum deposit is 200 dollars.
The company has a lot of registered members due to its fair play approach and its motivating bonuses. Thousands of traders are active on their platform, every day. Traderush is one of the most important binary options traders, and, so far there are no suspicions related to their legitimacy.
Traderush Account Types
The organization offers a wide range of account types:
- Micro. To open this membership, you will need to deposit 200 dollars. Clients will receive an initial bonus of 20 percent. The micro account was created for beginners.
- Standard. This account’s holders will have to place a minimum deposit of 500 dollars. Besides the welcome bonus that reaches up to 30 percent, you will also be provided with a chart training session.
- Executive. For this account, the minimum deposit required by the company is 1,000 dollars.
- Gold. If you own a gold account, you will be required to deposit at least 5,000 dollars. The welcome bonus also increases up to 50 percent. The company representatives recommend this account to their clients. Even though it provides a great value, might not be the right one for you, especially if you are not an expert trader.
- Platinum. If you can afford it, you should open a platinum account. The minimum deposit for this membership type is 10,000 dollars. Bottom line, this account was designed exclusively for professional traders.
For the premium accounts, which are the last three mentioned above, Traderush offers up to 100 percent bonuses. To make sure that you are entitled to a bonus, you should discuss it with a company’s representative.
Traderush Demo Account
The demo account is created for those of you who are just starting to trade on the market. It is a valuable resource of educational materials. It mimics the real platform, which will make it easier for you when you will trade real assets, using real money. With the demo account, you will not be exposed to high risks, because you will use virtual currencies.
The process of opening a demo account is quite simple. You need to let the company know you are interested in their services. Then, they will offer you a promo code with which you will access the new account. Traderush is a true innovator and market leader when it comes to its trial account. You will not need to make a minimum deposit before starting the trading activity.
On the other hand, the demo account is available for only 48 hours, which might not be enough for you to get accustomed to all the platform’s aspects. They offer this account type with no strings attached because they believe that a demo account should be mandatory for every broker.
Unlike other trading brokers, Traderush offers only one type of bonus. This incentive is big enough to motivate all the new clients. According to the company’s representatives, Traderush is a firm that places quality before quantity. Their welcome bonus sounds like this: you can earn up to 5,000 dollars depending on how big your initial deposit is.
To be eligible to receive this bonus, you must be a recently registered client. You have the right to get this incentive only once when you first sign up.
Traderush Minimum Deposit and Minimum Trade
The company requires you to deposit at least 200 dollars to get started in the trading market. This sum may vary depending on the type of account you choose to open. For example, the biggest initial deposit is linked to the VIP account. It is true, however, that premium memberships provide you with additional benefits and privileges.
The minimum trade varies depending on the type of binary option you choose to make the trades:
- 60 seconds – minimum trade: five dollars.
- Another type of binary option – minimum trade: ten dollars.
With Traderush, withdrawals can be made using some methods: credit card, bank transfer or even MoneyBookers. There is a minimum withdrawal, of 30 dollars. You are probably wondering why you have to pay to receive your earnings. Well, most of the withdrawals are free of charge, but you have the right to only one free bank transfer per month. After that, you will need to pay.
Traderush Binary Options Types
There is a wide range of binary options types available at Traderush. Before deciding which of the following types you should choose, consult your designated trading manager.
- Standard. This is the common Call/Put method. The usual return rate is approximately 81 percent.
- 60 seconds. If you desire to trade at a faster pace, this is the right binary option for you.
- One touch. This is for those of you who are more patient compared to the 60 seconds binary option users. Normally, the expiry time lasts about a week.
Option builder and option pro are two other types of binary types provided by Traderush.
The company has developed its trading app, which is available on both Android and iOS devices. This way, you will be able to trade assets no matter where you are. If you have troubles finding the right app in the app store, check their website to see the right way to install this platform.
Using the app to create an account is easy and doesn’t take long. Users like the app because it provides insightful charts and graphs. Also, there are plenty of available assets you can trade such as commodities, currencies, and more. The navigation system is simple and comprehensible, and the interface is easy-to-use.
The organization has made important improvements in this area. Now, they offer customer care available in a lot of languages such as English, French, Spanish, Japanese, and more. For any complaint, you can contact then via e-mail, phone, or live chat. The response rate is pretty impressive. All these contacts, except the live chat, can be used from Sunday to Friday.
Is Traderush Legit or Scam?
It doesn’t seem like Traderush is a scam, although they have dealt with some issues concerning users’ experience and trust. Not being regulated yet raises a lot of doubts and questions from those who are interested in the trading market. The main issue is that they did not ask for regulation from CYSEC, even though they were launched in 2011. Bottom line, Traderush is not a scam but only an outdated trading firm.
Traderush Pros and Cons
- Innovative trading platform.
- A wide range of trading assets.
- Highly responsive customer support.
- In-house mobile app.
- Plenty of binary options.
- Well-optimized trading process.
The company has not got a lot of weaknesses. Probably, its main issue does not have a license yet. Some people might wonder why they have not asked to be regulated since they have been on the market for quite some time.
Successfully Trading with Traderush
If you are thinking about trading assets, Traderush is the place where you should start. It has an innovative platform and provides a wide range binary options types. Despite its few issues, it is a trading firm with a lot of potentials to grow and develop into a trustworthy broker.
Some aspects such as the withdrawal process could improve but looking at the big picture, this is a company that deserves our attention. Go ahead and open a demo account or even a real one with Traderush. Who knows, maybe you will be pleasantly surprised with what they have to offer.