As with any binary options broker, there are things to like about the Bulgarian-based Global Trader 365 broker service, and things that could be improved. Although there are some issues with banking and customers support at GlobalTrader365, there are many pluses that make up for it. They have a great trading platform with a huge asset list to trade on, as well as a demo account that traders can use, which makes Global Trader 365 far more attractive than other similar brokers.
Software and Features
The GlobalTrader365 platform is powered by SpotOption and boasts all of the features and benefits that SpotOption provides. During our Global Trader 365 review the software platform ran extremely well, and its simplicity and straightforward design makes it an excellent choice for newer traders. Additionally, the Global Trader 365 online educational center was recently revamped, and now includes loads of training videos, ebooks, and courses. Customer service is available through email, live char, and by phone, but getting an actual representative can prove elusive. In the plus column, there is a demo account available, though only for traders who have made an initial $200 deposit.
Option Types Offered
One of the biggest attractions at Global Trader 365 is there larger-than-average asset list of underlying stocks, indices, commodities, and currency pairs. There are currently over 100 which can be traded through high/low options, 60-second options, and one-touch options, as well as the standard SpotOption features of an options builder, rollover trades, and sell options where you can get out before the expiry time. Returns are fairly average, with the maximum payout 81%.
Account Types Offered
Global Trader 365 doesn’t appear to offer rigid tiered accounts, preferring to offer special benefits and their Global Trader 365 bonus to traders on a case-by-case basis. The minimum amount to deposit is a relatively high $200, and can be deposited through credit cards, wire transfers, and e-wallets. Be sure to read their current policy on withdrawals carefully in order to avoid any unnecessary delays or problems.
While there is much about Global Trader 365 that can be found elsewhere, there are also some very good reasons to choose them as a binary options broker. For beginning traders, especially, the access to a demo trading account as well as the high-quality and easy-to-use SpotOption platform are real advantages. Even veteran traders will find the large asset list and the large bank of educational resources quite useful.