TropicalTrade offers a copy trading feature which you can see on the sidebar of the trading platform. You can read about binary trading signals here .
Tropical Trade has four accounts to choose from, each with its own set of incentives, benefits and features. The Basic offers a 20 percent Welcome Bonus, personal assistance with a Junior Broker, and Package One access to the Education Center, all for a minimum deposit of $200. From there, the amount of the minimum deposit increases, but so does the number of rewards which come with opening each account. Other account types include: Pro ($2,500+), Gold ($6,500+), VIP ($50,000+), and Corporate ($100,000+). Some of the types of benefits offered with TropicalTrade accounts include, risk-free trades, free e-book, one-on-one training with a personal broker, full access to the Education Center, free trading signals, and real-time alerts.
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Is Tropical Trade a legit broker ? Full review 2016 about , a top binary options broker offering up to 5 risk free trades.
Forex traders in this platform are treated to a wide variety of currencies which include all the major cross on the US Dollar, Euro, New Zealand Dollar, Swiss Franc, Canadian Dollar, The British Pound, and the Turkish Lira among others.
Binary Options Broker TropicalTrade is a trade name owned by financial group FYL Ltd. The company is registered in Saint Vincent and the Grenadines, there is a central broker's office, being at the same time its the only physical representation. Founded in 2015, binary options broker TropicalTrade is one of the youngest participants in this sector of the financial market, but it does not prevent him to conduct their activities actively and steadily, constantly increasing customer base. TropicalTrade activities not regulated by any of the major international financial regulators, but such a situation is fairly standard in the industry binary options. TropicalTrade official website presented in English only. Customer support is also not carried on any languages other than English.
TripicalTrade was founded in 2015 and was made available to the public in January of 2016. It is owned by Cumberland Capital, a an investment-banking firm that provides capital advisory services, and has jurisdiction in Kingston.
Professional Account : This is account type is for traders who deposit more than $1,000 and up to $5,000. It comes loaded with a welcome bonus as per the prevailing offer rate.
From the information that we have gathered about this broker, we can say that they are reliable and trustworthy. We did not come across any red flags that can prove that the broker is a scam. In fact, we found positive reviews from real traders that this company offers quality service and has a name in the industry. With its transparent policy, features and the level of security it offers, it is clear that they are serious about doing business. They are 100% legit and this is why we strongly recommend them.
Once a trader has opened an account and is ready to start investing, they should familiarize themselves with the different trading methods. The TropicalTrade platform features four different methods of CFD / Forexs trading, including High/Low, OneTouch, Range, and Hyper. While the methods may slightly differ, each functions according to the same principle, that an asset must reach a certain value during a predetermined amount of time, or by the end of the asset’s expiry time. An in-the-money, or successful option will payout a standard rate of 85%. While some options may yield a lower payout, few will payout less than 81%.
TropicalTrade has a clear and transparent reputation. Many traders have already trusted this brokerage company. Even if you are a new trader, you can use the online educational tools provided at the website to learn how to trade binary options with success. The proof of the legitimacy is the trading stats available at the website. You can be among the traders who are making consistent profits through binary options trading. With all the right tools and the right trading strategy, your earnings will increase and you will become a successful trader.
TropicalTrade is proven to be a legit trading platform. It is offering you the opportunity to trade binary options as soon as you get started. This broker has actually made trading easy and profitable. It does not matter even if you are a beginner or an experienced trader. The brokerage has its own trading academy where it is teaching newbies everything about binary options trading and how to build a winning strategy.
We couldn’t find any negative feedback about the broker and there weren’t any serious complaints about the Tropical Trade’s services. From what we gathered it looks like Tropical Trade provides satisfactory Forex trading services and is not considered a scam by its users. The broker seems to be trustworthy and many traders are happy with the trading platform and the large resource of educational materials, which help them to further improve their results.
In simpler terms, TropicalTrade is not a scam. It is a legitimate brokerage for online trading of binary options. Hundreds of satisfied customers can confirm the conclusion of our investigation.
On the right side of the platform, you will see the information on a list of the best traders on Tropical Trade including how much they earn, the option type and the asset type. You can press the copy button to copy the trades of the traders if you want.
You will notice that the match bonuses climb towards the Gold account level, before dropping back down again for VIP and Corporate. This is because Gold is the most popular account package.