Tradorax – Scam or Not

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a Complete Guide for Binary Options Trading

Established in 2020, Tradorax is a binary options trading platform brand that is owned by TDorax. However, the trading platform is managed by a separate company called BetaTech Ltd. Thier office is located at #49 Patriarch Evtimii blvd, Prestige Business Center, 1463 Sofia, Bulgaria. This broker is currently one of the few rare binary options brokers that is still accepting U.S clients.

Basic information:

Online since: 2020
Software: TechFinancials
Max Returns: 85%
Minimum Deposit: $250
Bonus: 100%
Minimum Investment: $25
Maximum Investment: $15,000
Currencies: USD, EUR, GBP
Mobile: Yes
Countries: All Countries

– a lot of options for withdrawals and deposits
– many user-friendly features and tools
– mobile trading available

– doesn’t offer a demo account

Binary Minery Rating:

Tradorax Special Features

Tradorax has a lot to offer their traders. For example, with their current promotion, they are offering bonuses of up to 200%, the highest bonus level ever offered by any binary options broker. Another interesting feature which makes Tradorax really stand out is the trading charts. Their charts show price details with a time frame of up to a year. This level of detail is more than what any other binary options brokers are offering on their trading platform.

As for trading accounts, Tradoax offers a choice of 4 different types of trading accounts. Traders can choose from a Mini trading account, a silver trading account, a gold trading account and a VIP trading account.

  • Mini Trading Account

Access to both web and mobile trading platforms

Weekly consultation with personal broker

Full access to education center

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  • Silver Trading Account

All the benefits of the mini trading account

Additional 2% returns on investments

Twice weekly consultation with personal broker

  • Gold Trading Account

Include the benefits of the Silver trading account

3% additional returns on investment

3x a week consultations with personal broker

1 Risk Free Trade

  • VIP Trading Account

Include benefits of Gold trading account

4x week consultations with personal broker

4% additional returns on investments

2 Risk-Free Trades

Take note that the minimum deposit requirement to open a live trading account at Tradorax is $250. Tradorax also recently added 2 new types of accounts, Saving Account and Self Managed Account. However, details about these new accounts are sketchy and you need to get in touch with a customer representative for more details.

Tradorax Trading software

For the trading platform, Tradorax uses the TechFinancials powered trading platform. The platform is the improved second generation platform that allows you to trade spot forex and CFDs on the same platform. This addition of spot forex trading capability is a bonus especially to traders who are not just interested in trading binary options but spot forex and CFDs.

Apart from the ability to trade spot forex and CFDs, the platform also lets you trade binary options with 4 different types of option contracts. Supported option types include the classic high/low options, short term options, one touch options and boundary options. As for the available expiry times for the options, they range from 60 seconds to up to 6 months.

Although Tradorax does not have as many option types as what some brokers are offering, they more than make up for this deficiency with their trading advanced charts. The trading charts offered by Tradorax is probably the most advanced charts around for a binary options trading platform. Not only do the charts cover prices for up to a year, they also come with various popular technical indicators and charting tools that you normally find on the MetaTrader 4 trading platform.

In addition to being an efficient and robust trading platform, the platform is also mobile capable. All you have to do is to download the trading apps for the trading platform from Google Play Store or Apple’s App Store.

Screenshot

Tradorax Support information

In terms of the support services provided by Tradorax, the support team is reachable through email, live chat, Skype and telephone. Depending on which countries that you are residing at, they also provide several localized support numbers for you to call. This is certainly beneficial as it helps to reduce one’s telephone charges when you are requesting for assistance over the phone.

Tradorax Banking Info

When it comes to funding your trading account, Tradorax has helped to make it effortless with their numerous deposit methods. They understand that their traders come from diverse backgrounds and from different parts of the world where the banking facilities can rather be limited.

As for depositing funds into your trading account, Tradorax supports popular credit and debit cards such as VISA, MasterCard, Diners Club, JCB and Maestro. They also accept deposits conducted through web wallets such as iDeal, WebMoney, POLI, CashU, Alert Pay, Ukash, Paysafe Card, QIWI and Inpay. Recently, they also added Neteller and Skrill Moneybookers to their list of supported web wallets.

For credit card withdrawals, the amount is limited to the original amount that was deposited with the credit card. Any amount which is in excess of the permitted amount is then transferred through bank wire transfer. Take note that bank wire withdrawals will incur a service fee of $25 and may require up to 15 days for the money to be fully paid out.

Tradorax provide their traders with one free withdrawal per month. Subsequent withdrawal requests within the same calendar month will be subjected to a service fee of $30. Tradorax also requirethe minimum amount to be withdrawn be at least $100.

Tradorax Company Info

Established in 2020, Tradorax is a relatively new binary options broker. The platform was previously owned by a Marshall Islands based holding company called AM Capital Ltd. Today, the platform is owned by a separate holding company called TDorax. However, the company which manages the trading platform is still the same Bulgarian-based company called BetaTech Ltd.

Tradrox Scam

Review Overview

Customer Service
Asset Choice
Withdrawal
Bonus Offers
Deposit Method

Scam Free

Summary : Brokers Scam Has Investigated Tradorx To Check For Scams With Money Withdrawal And Real Customer Services, They Are Scam Free.

Is Tradrox Is Scam Or Not?

In the fast growing world of CFD / Forexs choosing a broker that suits you best can be very difficult.

At first glance it might seem that all brokers are almost the same, we are here to introduce you to a completely different brokerage company – tradorax.

Our Tradorax Scam review will give you all the answers you need.

Tradorax was founded in 2020 and quickly became one of the leaders in the CFD / Forexs industry.

The trading platform is probably the most important part of any broker’s website. Tradorax uses technologically advanced and totally reliable, transparent and trustworthy Techfinancials software.

There are over 150 different assets to choose from (stocks, currencies, indices, commodities) and several trading instruments, including High/Low, One Touch, Boundary and Short Terms.

All prices are perfectly accurate and regularly updated, so there really isn’t any cause for concern when trading here.

Traders can safely make deposits in 5 different currencies EUR, USD, GBP, JPY, and RUB, using a variety of payment methods that include Visa, MasterCard, Maestro, wire transfer, Skrill and Neteller.

All of these methods are protected with a reliable SSL encryption system, meaning that only account can access your personal and financial information

Withdrawals will always initially be made back to the original deposit source.

all trading accounts must be verified once funds have been deposited on the Tradorax trading platform. you will be asked to prove your identity and confirm your address. This is a requirement by both Tradorax and all affiliated financial institutions. The reason for this is to prevent any possibility of identity theft and/or usage of stolen cards.

This procedure is part of the Anti-Money Laundering and Fraud Prevention Policy and is in compliance with worldwide Anti-Money Laundering regulations.

Some brokers offer bonuses with strict, sometimes obscure terms and conditions with the main purpose to lure traders in their platform.

This case does not apply to Tradorax because their bonus policy is clearly described in Legal Terms and Conditions.

You can always understand how reliable a broker is by the quality of their support department.

Scam companies usually offer excellent support, when new customers interested in their services but once the deposit is completed, support is evasive and unreliable.

This not the case with Tadorax as all our queries from registration and deposit, to platform navigation, were answered to our satisfaction by their professional staff. They are more than capable to solve any of your trading problems.

So if you are looking for a reliable broker, all you need to do is open an account with Tradorax and you’ll be all set for some serious trading.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    1st Place! Best Binary Broker 2020!
    Best Choice for Beginners — Free Education + Free Demo Acc!
    Sign-up and Get Big Bonus:

  • Binomo
    Binomo

    2nd place! Good choice!

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