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Rating: Rated with 4.5 stars
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Tradorax Broker Review

  1. This broker is closed.


    Trading Binary Options with Tradorax

    As a part of binary options industry, Tradorax is present on financial market since 2012.

    Tradorax is operated by Alpha Capital House Ltd.

    Their main task is to enable traders to have the best trading process and maximize profit while trading binary options.

    More on Tradorax trading accounts and available services, our readers in South Africa can find out below in our Tradorax review.

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    Tradorax Trading Platform

    As preferred software, Tradorax uses TechFinancials, which is among the best in binary options industry. They provide technology that is needed to achieve success in the binary trading process and also, navigation over the site is very simple.

    For the past three years, this broker is continuously working on making progress on how to simplify trading process and to offer traders in South Africa a wide range of trading instruments and services.

    During Tradorax review, we discovered following info that are available for our South African traders.

    Minimum deposit with Tradorax is $250 and maximum bonus possible is unlimited. Tradorax accepts traders from around the world, including South Africa and USA.

    As regards to investment amounts, minimum is $25 and maximum $1000. Highest return on trade done is 85%. Traders are allowed to use different available currencies, including USD, EUR, JPY and GBP.

    Tradorax Trading Features

    To traders located in South Africa, Tradorax offers a wide range of different trade options and expiry times, as well as many other trading features and instruments for more profitable binary options trading experience.

    Traders can choose among following variants: 60 Seconds, High/Low, One Touch, Boundary, Long Term and Ladder Options. Regarding expiry times, available times are: 60 seconds, 2 minutes, 15 minutes, 30 minutes, 1 hr, end of day and end of month.

    Tradorax offers traders worldwide a great amount of different underlying assets, more than 100 of them. This way, traders can place trades in currencies, stocks, commodities and indices and participate on financial market. All assets are listed under Asset Index on their site.

    In our Tradorax review, we learnt how South African traders can use Tradorax mobile app and trade binary options on smartphones and tablets also.

    This comes as very popular feature for Tradorax users who an opportunity to use as much trading services and instruments to ensure themselves to have a profitable binary options trading process. Mobile trading enables traders to continue trading with numerous different underlying assets when they are on the go. Tradorax mobile app can be used on Apple and Android devices.

    We also discovered how Tradorax offers traders many trading promotions which are significant for successful binary options experience. Traders in South Africa can choose among free risk trades, very high bonuses and VIP signals.

    Each new trader who joins Tradorax platform is offered by welcome bonus in range between 50% and 200%. Bonus trading terms require 3ox turnover. One very important thing regarding bonuses is the fact that Tradorax has written entire bonus policy and conditions explained in tab Terms & Conditions to be easily found on the site.

    Tradorax Trading Accounts

    logo-tradoraxDuring our Tradorax review, we found out there are six available account types for traders to choose from. Those accounts are different from each other by several elements, such as minimum deposit amount, trading tools and available features.

    Mini Account ($250)

    • available broker once per week
    • trading tutorials for traders beginners
    • Education centre

    Silver Account

    • available broker twice per week
    • trading tutorials for beginners and intermediate traders
    • Education centre
    • for trade done, extra 2%
    • cashback 0.5%
    • binary trading signals

    Gold Account

    • available broker 3x per week
    • trading tutorials for beginners and intermediate traders
    • Education centre
    • for trade done, extra 3%
    • cash-back 1%
    • 1 free risk trade per month
    • binary trading signals

    VIP Account

    • available broker 4x per week
    • trading tutorials for intermediate and advanced traders
    • Education centre
    • for trade done, extra 4%
    • cash-back 2%
    • 2 free risk trade per month
    • binary trading signals

    Saving Account and Self-Managed Account

    • detailed information is available with a personal Tradorax broker

    Tradorax Customer Support

    To traders across the world, Tradorax provides customer support 24/6. Traders can easily get in touch with this broker which we consider it is very important because quality customer support service can be of great help during trading process.

    They can contact Tradorax via email [email protected], live chat, telephone, web form and Skype. Phone numbers are available for following countries: USA, UK, Switzerland, Germany, Australia and Hong Kong.

    Tradorax trading platform is available on several languages, including English, German and Russian.

    Besides excellent and up to date customer support service, Tradorax offers traders astonishing wide range of Education materials for all traders to improve trading skills and learn tricks of successful binary options trading process.

    Traders have on their disposal FAQ with a selection of different topics explained, glossary, economic calendar and a variety of tutorials and webinars for all levels, including beginners, intermediate and advanced traders.

    Tradorax Banking Info

    To protect financial and personal data of traders worldwide, Tradorax uses SSL (Secure Socket Layer) system, which encrypts all data on their platform.

    Traders are able to make payments with Tradorax only when they first deliver few documents that confirm their identity. Traders in South Africa have to send them copy of photo ID, proof of address and copy of credit card, if one is used while trading.

    Traders can make deposits through several different payment options, which include debit and credit cards (Maestro, Mastercard, Visa Electron, Visa and Diners Club), bank wire transfer and e-wallets (Neteller, Skrill Moneybookers,WebMoney, QIWI and CashU).

    Minimum withdrawal amount with Tradorax is $100.

    One withdrawal per month is free, while extra one made in the same month costs $30. Traders first have to submit withdrawal request and usually takes 3-5 days until Tradorax process withdrawal process. Additional 5-10 is required for funds to be seen on trader’s account.

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