Cedar Finance certainly has one of the best looking websites and trading platforms out there. And while they don’t really offer anything unique as far as assets or payouts go, one of the reasons they have become to famous among traders is their dedication to their traders. Although many brokers say they care about their customers, Cedar Finance really follows through on that promise by providing a wealth of teaching materials in their Trading Academy and excellent customer service. Additionally, the fact that they are legally regulated in Cyprus gives traders an added sense of trust and security.
Software and Features
All trades can be done directly at CedarFinance.com through their online SpotOption trading platform. Although the platform is pretty standard are provides nothing incredibly special, it is quite easy to use, making it perfect for beginners. What makes Cedar Finance even more attractive to novice traders is the treasure trove of training materials available in their Trading Academy. Through videos, webinars, a free ebook, and even their own Cedar Finance broker magazine, Zoom, they really set traders up with everything they need in order to profit. And if there are any problems, the online live chat support staff is some of the friendliest and most helpful in the business.
Option Types Offered
The asset list at Cedar Finance is generally pretty standard, with a relatively small amount of currencies and indices yet more than usual amounts of commodities and stocks available to trade. Put/call options, Touch options, Range Options, and Turbo (60-second) options are all possibilities in the trading platform, along with Rollover trades. Maximum returns are, at the time of our Cedar Finance review, 81%, which is just about industry average.
Account Types Offered
Making a $200 minimum deposit at Cedar Finance gets traders a Basic Account, with limited functions and support; although it does give them access to a 30% Cedar Finance bonus. Higher deposits move trades up through Bronze, Silver, and Gold accounts, which offer bigger bonuses and more trading support. The highest level, Platinum, requires a $10,000 deposit but grants a 100% bonus, along with an account individually tailored to the trader and with personalized support. Deposits and withdrawals can be made through credit cards, bank transfers, and e-wallets.
Cedar Finance does all it can to give its traders the resources they need to not only trade well, but to thrive. The educational resources and the superior customer service are good enough reasons to choose Cedar Finance on their own, with the benefits of their tiered accounts and the Cedar Finance bonus simply icing on the cake.