Some binary options brokers attempt to woo new customers through flashy websites or cool trading features. Others offer extensive training and educational materials. But the London-based broker Tradehits knows that what traders really want to do is make money, and Tradehits.com offers a generous welcome bonus, high payouts, rebates on losing trades, and even interest-bearing accounts in order to earn their traders money while still providing a very good trading platform.
Software and Features
Powered by the latest version of SpotOption, the Tradehits broker site is easy to use while still extremely flexible. In addition to the high-quality, industry-leading software, the website is clear and easy to navigate. At Tradehits.com, all of the extra features that traders want are available. There is a demo account, a great educational academy featuring videos and an ebook, as well as periodic and live market analyses. Tradehits has also become well-known for its above-average customers support, which is available through live chat as well as through a call request features so traders can talk to someone on their own schedule.
Option Types Offered
At the time of our Tradehits review, there were a total of 63 indices, stocks, currencies, and commodities possible to trade on. While that is a bit low for a modern broker, the SpotOption platform allows for plenty of different option types on these assets. Regular digital options, 60-second, and one-touch options are supported, and through the options builder and real-time charts, traders can roll over, double up, or even sell their options early. The real draw of Tradehits is their payouts, as high as 88% for regular options as well as a 10% rebate on losing trades.
Account Types Offered
Traders who register for an account and make their first deposit of at least $250 are able to qualify for the generous Tradehits bonus of a 100% matching bonus as well as 3 insured trades. For larger deposits, traders are able to get accounts with more benefits, such as individual training, signals management, and daily trading tips. One of the best things about Tradehits is that accounts in excess of $5,000 earn interest, provided there is a minimum level of account activity, which is a great way to earn extra cash on top of trading profits. Deposits can be made through credit cards, wire transfers, and Skrill.
Tradehits is certainly a very good binary options broker. Their platform is solid, their educational features good, and their customer service prompt and helpful. But it’s the financial incentives such as the large bonus and high payouts that make Tradehits.com one of the best of the recent class of brokers and they warrant a look from any serious trader.