Binary options signalsReviews
8 / 10
Cedar Finance Software
Headquartered in Cyprus, Cedar Finance is a binary options broker, operating worldwide since 2010. The company is well known especially for the impressive rates of return, which represent the top reason more and more traders choose Cedar Finance. Besides that, the broker provides many other high quality features, so if you are interested in finding more about Cedar Finance, the following review will help you make up your mind.
Powered by SpotOption, the leader among software producers, the platform is easy to use and intuitive. There are 4 trade options provided to you in the most professional way. Each of these 4 types comes with its specific rules, its own risks involved and of course, with different returns.
Digital Binary options are, in fact the basic Call-Put binary options, with the same functioning, meaning that the trader has to establish if the price of the asset will increase or decrease until the expiry time.
The second option you have is called Range binary options and the main goal here is to guess if the price movements of an asset will remain within the already decided boundaries of a range.
Shots at receiving higher payouts can be multiplied if using the Touch binary options, which involve predicting whether the price will reach a certain level until the expiry time. Even though is it riskier, this type of trade can be at the same time more rewarding.
In case of Cedar Finance, the short time option or 60 Seconds option is called Turbo. The way of trading is basically the same as with Digital Options, but the time varies between 1 and 5 minutes. Most traders prefer this trade type because it allows them to make fast and consecutive trades, very profitable as well.
In addition, Cedar Finance offers 2 special features, which are really useful, when trying to convert your financial decisions into considerable profits. Rollover is applied for adding time to the expiry time. And to duplicate an investment that you consider it may end up in substantial returns, you can use the Double Up feature.
High payouts is the main motive Cedar Finance is so famous in the trading industry. The return percentages range from 65% to 81%. More than that, in case of risky trades, you may get even higher percentages of up to 500%.
32 stocks, 27 indices, 9 commodities or 15 currency pairs. All these are available for you to trade in order to achieve your desired financial wealth. The number of indices is higher than what other brokers have to offer, which prove the continuous dedication of the company of improving its offerings, all for better serving the clients.
No fees are charged for the opening of an account with Cedar Finance. You just have to fill in a form with your personal data and then choose a currency for your account. Be careful when selecting a currency, because you won’t be able to change it in the future. And as an additional feature created considering the different trading needs of every investor, you may choose from 4 types of accounts.
If you fund your account with at least $200, you can benefit from a Starter account type, especially designed for unexperienced traders. A 30% welcome bonus is offered, as well as access to educational materials and anytime live chat support.
When you will make a deposit between $500 and $999 you are eligible for the bronze account and you will have some advantages like: Breaking Financial News, Video Tutorials, 24/7 Support, Calls from Personal Market Analyst.
Investors who deposit $1000 or more may take advantage of the 75% bonus and 3 risk free trade that the Silver account offers. This type of account is suitable to more experienced traders who have advanced notions and a clearer understanding of what trading actually involves.
The Gold account is available for those depositing a high amount of money and who want to experience the world of trading through large investments resulting in significant returns. Apart from the 100% sign up bonus and the 5 risk free trades, you can enjoy updated reviews, financial advice from professionals, extra strategies for successfully trading and access to other special features.
The methods you can use for depositing or withdrawing include credit or debit cards, bank wire transfer or CashU.
Concerning the deposits, the minimum amount required for funding your account is of $200 in case of credit cards or CashU. However, bank wire transfers imply a minimum deposit of $500, if the trader is not willing to pay the $25 fee for allowing you to deposit less using this method.The maximum amount to deposit is of $5000, when speaking of credit cards or CashU, while you have no limit required through bank wire transfers.
When it comes to withdrawals, credit cards and CashU charge no fees, whilst bank wire transfers are associated with a $25 fee for every withdrawal you make. For any of the 3 methods, the minimum amount you may withdraw is of $200 and the time needed for processing the transactions ranges from 5 and 7 days.
This represents a cause for disappointment among investors, because Cedar Finance has not made available mobile trading yet. Moreover, there is also no sign of even intending to provide this characteristic in the future. So, for those of you who lead a busy lifestyle and enjoy trading quickly, you may turn to other brokers which can satisfy this need of yours.
Support in all of your problems is available any time through email, live chat or telephone. Live chat would provide with the fastest response, but don’t hesitate to contact them by phone or email, as the support team takes notice immediately of your difficulties. 12 languages are supported by Cedar Finance in offering you expert assistance.
Because it offers more than just high payouts. Because it provides an excellent trading platform and a large number of options regarding your trading needs. Because it is a dedicated company, loyal to its investors, wanting to make them comfortable in enjoying their trading experiences. Because it is easy and satisfying to trade with Cedar Finance.
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