Tradorax
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Overview

Is Tradorax 100% Legit & Safe Binary Broker or Scam?
Objective & Honest Tradorax Review – The Truth Exposed
Find Out – Minimum Deposit + CFD Trading – See All Below!

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Details

Broker Tradorax
Website URL www.tradorax.com
Headquarters 35-37 Ludgate Hill, London, EC4M 7JN, UK. AM Capital Ltd.
Support Number 16469346204
Support Types Live Chat, Phone, Contact Form, E-mail
Minimum 1st Deposit $250
Minimum Trade Amount $25
Bonus Up to 100%
Payout 85%
Free Demo Account Open Demo
Account Types Mini, Silver, Gold, VIP
Deposit & Withdrawal Methods VISA, Master Card,Neteller, CashU, Skrill Moneybookers, WebMoney, Qiwi, Wire Transfer
Number of Assets 120+
Overall Score 8.2/10

Full Review

Tradorax is a binary options brokerage platform that has been operating for a while now. It has a lot of satisfied and loyal clients providing positive feedback about the broker.

Our team conducted a thorough investigation on it. The reliability of the broker is of an utmost importance since your finances need safe and secure environment. We found a lot of positive feedback on Tradorax regarding this matter.

A team of professionals is behind the trading platform and the opportunities offered by Tradorax. They are traders, analysts and developers with a lot of experience, who have proven themselves as skilled. The Tradorax platform provides an efficient and secure investment environment.

Review Verdict: Tradorax is Not a Scam

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How to Use?

Tradorax offers a multiplatform. On it you can trade with binary options and directly on the Forex markets. The interface of the platform is user-friendly and easy to navigate.

With Tradorax, you trade manually, exerting full control over which assets to invest with, with what risk levels. You manage the invested amount per trade and the expiry of the option.

You can start trading immediately after you fund your account with the accepted minimum deposit of $250. Becoming a client of Tradorax gives you the ability to trade on more than 120 assets in the four categories – indices, stocks, FX pairs and commodities.

You can invest in four of the most popular binary options types – High/Low, One Touch, Boundary and Short Term. Each category offers various expiries.

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Nothing to Download

The Tradorax broker platform is based online, there is no need for you to download and install software.

Still, if you wish to trade on-the-go, there is a very well developed mobile application you can download on your Android device. Unfortunately, there is no app for the iOS clients.

How to Get Started?

You can open a trading account with Tradorax and begin investments by following these steps:

1. Free Sign Up – choose the account type you wish to acquire and submit your details.

2. Deposit – you can start with the accepted minimum of $250 or fund your balance with more, in order to have a higher ability to trade.

3. Open Trading Platform – once you click on the Trade button, you will be transferred to the platform where you can begin investments.

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Returns

Tradorax offers returns going as high as the industry average. On some options types you can expect even higher returns. Usually, the percentage will depend on the risk you take and the expiration time you chose. The overall returns reach an average of 85%.

Cost

You won’t be asked to pay a fee for the maintenance of your segregated client’s account. To trade on the Tradorax platform is free of charge. You just need to fund your trading balance in order to trade, once you sign up. But this is not a form of payment and you can withdraw your money at any given moment.

Is Tradorax a Scam?

There are a number of reasons why Tradorax is not a scam, but a legitimate and authentic broker you can trust. It keeps clients’ funds in segregated accounts and moves them only on the explicit instructions of its customers.

Review Verdict: Tradorax is Not a Scam

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The latest high-end technology is used to ensure privacy and security of personal information. The whole website is SSL encrypted and all the necessary encryption and protocols for fund transfers and against hack attacks are present and working properly.

Given all that, and combined with the positive feedback from actual traders, we can conclude that Tradorax is not a scam.

Tradorax – Account Types

You can open an account with the minimum deposit of $250. Tradorax offers you 4 clearly described account types and two requiring you to consult with a broker for them:

  • Mini Account – you can get in touch with a personal broker once a week, and you gain access to two professional training lessons.
  • Silver Account – you can earn 2% on top of your profits for every winning trade. You will be expertly tutored four times. There is also provided a 0,5% cash-back. Silver members of Tradorax can start receiving exclusive signals.
  • Gold Account – you can earn 3% on top, the cash-back is of 1% and you get one risk-free trade per month.
  • VIP Account – the earnings increase with 4%, while the cash-back becomes 2% and with this account you get 2 risk-free trades per month.
  • Saving & Self-Managed Accounts – for both you need to consult with a broker.

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Tradorax – Deposit & Withdraw With Ease

Tradorax is one of the few brokers that offers more than the two basic currencies for you to deposit in. You can choose between Euro, Dollar, British Pound, the Japanese yen and the Russian ruble.

Tradorax also accepts a wide variety of payment methods. It works with the biggest names in the field of financial transfers. The minimum deposit you can make using credit, debit cards or CashU is $250, while for wire transfers you will have to deposit a minimum of $500. Transfers less than $500 will be charged with $25 each, if they are made using the wire transfer method.

Professionals’ Reminder:

It is very important for payment methods to be clearly explained. Full transparency and clear conditions are a sign of reliability.

Withdrawals can be made through your profile on the Tradorax platform. You have to provide identity verification, after which the transfer can take up to 10 days. At the end of that period, your funds will arrive in your personal bank account.

Advantages of Tradorax

There are several features which turn Tradorax into a very good alternative for a broker, if you are interested in trading independently in the binary options industry.

  • Welcoming Bonus – can range between 50% and 200%.
  • Forex Trading – you are not limited only to binary options investments if you become a client of Tradorax.
  • Access on All Devices – as we mentioned, there is a downloadable app for mobile devices.
  • Client Protection Insurance
  • Premium Signal Service

Customer Service Team

The Tradorax support team can be contacted 24/6, during trading hours. They are available through e-mail, live-chat and phone number. You can find seven phone numbers for international support.

Testimonial

maureen“I was referred to Tradorax by a friend of mine, when he heard I want to try trading online. I contacted their support team for guidance because I have heard of all those cases of brokers which scam people out of their funds. It was a really brave decision on my behalf. The Tradorax team guided my through every step of the way. I have been trading on their platform for a couple of months now. The profits are steady and I have never had a problem with their withdrawal procedure – no missing funds, no delays, everything goes as smoothly as possible. Tradorax is probably the only broker I can trust in the industry.”

Maureen, 41, Ireland

Conclusion

Good_choice_stamp_t10StrategyTradorax is a binary options broker which offers a highly secure and user-friendly trading environment. It has a lot of beneficial special features and a dedicated support team ready to answer all of your questions.

We conclude our investigation by recommending you Tradorax as a reliable and trustworthy brokerage platform.

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