|Location of HQ||Romania|
|Platform Types||Spot Option|
|Minimum Trade||$25 ($5 for 60-second trades)|
|Deposit Methods||Credit card, Nordea, iDEAL, CashU, Moneybookers, Wire Transfer|
|Withdrawal Options||Credit card, Nordea, iDEAL, CashU, Moneybookers, Wire Transfer|
|Account Types||Trader, Executive, Gold|
|Mobile Application||Yes (Android/iOS)|
|Traders from USA||No|
|Payouts||Up to 85%|
|Bonus||Up to 100%|
|Trading Features||High/Low, Options Builder, One Touch, 60 Seconds|
|Platform Languages Available||English, Arabic, Chinese, Japanese, Russian, Spanish, French, Norwegian, Turkish, Italian|
|Email Address||[email protected]|
Account types & Promotions
There are three different TraderXP account types.
The Trader TraderXP account comes at a minimum deposit of $200 and offers clients a signup bonus of up to 30%. This account’s package comprises of daily and weekly market reviews, free candlestick chart training, as well as a full educational pack containing a detailed eBook.
The minimum deposit for the Executive TraderXP account is $1000, which is matched with a bonus up to 70%. This account contains the same perks as the Trader account, with the addition of expedited withdrawals, and access to an account manager who will provide the client with a trading strategy as well as in-depth money management training. Traders who sign up for the Executive account will also have the chance to execute one risk-free binary options trade.
The largest available account, the Gold TraderXP account, comes at a deposit of $5000. This deposit amount is matched with a bonus of up to 100%. The Gold TraderXP account comes with all of the same features as the other two accounts and more. Gold account holders get a dedicated account manager who will teach them three trading strategies, VIP access to the broker’s trading academy, 5 risk-free trades, as well as expert trading analysis.
Trading Platform & Education
One of the main advantages of the TraderXP trading platform is that it is entirely web-based and therefore does not require any downloading. This makes things easy for TraderXP account holders in that they can trade on the go as long as they have access to an internet connection and any Android /Apple mobile device or computer.
The Binary Options TraderXP trading platform is straightforward and requires traders to select the asset they want to trade, place their Call/Put option, and select the expiry time as well as the investment amount.
The Option Builder TraderXP trading platform gives TraderXP account holders the possibility of customizing their trades according to the level of risk they are willing to take. Much in the same way trades are executed on the Binary Options platform, traders are required to select all of the necessary parameters for their trade before submitting it.
The One Touch TraderXP trading platform, which only lets traders place options on stocks and indices, requires traders to speculate on whether the market price of an asset will reach a specific level over a predetermined timeframe.
The 60 second TraderXP trading platform is the most basic and straightforward binary options trading platform. Traders don’t have to worry about the timeframe as it is already set, and just have to set the other parameters. TraderXP offer a lower minimum investment, at $5 instead of the usual $25.
Every TraderXP trading platform comes with a guided tour tool, as well as a simple built-in graph, which can be enhanced by accessing the valuable XP METAGRAPHS charts on the side of each platform, available to everyone who has a TraderXP account.
TraderXP offers customer support in English, Arabic, Chinese, Japanese, Russian, Spanish, French, Norwegian, Turkish, and Italian. Clients can contact a customer support representative by email, chat, or telephone on any of the numbers provided on the company’s website.
TraderXP is a broker that really wants to make life easy for its clients. The platform comes with many useful widgets like an up-to-date RSS news feed powered by CNBC, and a live feed ticker powered by Reuters. These features, along with the fact that the platform’s layout is entirely customizable, make the www.tradexp.com trading experience an enjoyable one for any TraderXP account