It is increasing rare to find a binary options broker that is as complete and well-run as TraderWorld. The CySEC regulated TraderWorld.com website is smart-looking, well-organized, and completely honest. Additionally, their web and mobile trading platform is superb, their profit returns high, their customer service excellent, and their banking methods secure and reliable. TraderWorld might not be the best binary broker out there today, but with a few additions they may be there very soon.
Software and Features
The TraderWorld broker platform is powered by the latest iteration of the SpotOption trading engine which is extremely straightforward and simple, yet incredibly versatile. Mobile trading is likewise supported through both Android and Apple apps. Upon launching their site in 2013, TraderWorld.com was a bit of a mess, so it is wonderful to see that it is now one of the most well-designed websites in the industry today with everything traders need right at their fingertips. Unfortunately, they are still developing the educational center, which is currently empty, and is one of the only complaints about this broker. Customer service has proven to be friendly, honest, and readily available over the phone or through live chat.
Option Types Offered
At the time of our Trader World review, there were a staggering 160 different stocks, indices, currencies, and commodities available as underlying option assets. These assets could be traded through the new SpotOption platform methods including standard binary options, 60-second options, one-touch options, and pairs trading. There is also an option builder and the ability to sell options early or double them up straight from the charts. In-the-money returns are good, though nothing special, maxing out at 85% with losing options carrying rebates as well.
Account Types Offered
Account benefits are granted on a case-by-case basis, depending on how much the trader deposits and their trading volume. However, every customer who makes the minimum $200 is entitled to a basic account along with a TraderWorld bonus. Of course, the more a trader deposits, the higher the bonus will be and the more personalized advantages they will earn. SSL encryption protects deposits and withdrawals which can be made through credit card and wire transfer and all client funds are protected by law.
It all starts with being legally regulated, as that makes TraderWorld reliable and accountable to its customers. Likewise, they have come through with making everything about their broker platform and website focused on helping their traders succeed. More so than nearly any other broker out there, you feel like TraderWorld.com really cares about you as a customer, which is something incredibly rare and special about TraderWorld.