Tudor Trade Review

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TudorTrade Review

TudorTrade was a binary options broker that opened in 2020. TudorTrade is owned and operated by Global Instruments Ltd., located at PO Box 343, Victoria, Mahe, Seychelles. Contact phone numbers are: United Kingdom; +44 203 8070235 and United States +1 (646) 558-0048, and the contact email address is [email protected]

For complaints about brokers, read this.

TudorTrade Review

Tudor Trade gives their clients and investors an easy to use binary options trading software which was developed by the Finantick company. The software is 100% web based and they offer standard high low binary options. Returns on options range from a low of 60%, to as high as 80%. Expiry times for short term high speed trading are from 60 seconds to one hour. For long term options the expiry times go 9 months out.

You can get a trading bonus on your account, and Tudor Trade also offers a $50 refer a friend bonus. Be sure to read their terms and conditions page for the full details.

The minimum trade size is only $5 which is a very popular feature. New accounts have a minimum deposit requirement of $250.

TudorTrade Binary Options Broker

Copy Trading

Social trading or copy trading is becoming increasingly popular now, and many people think that it is easy money from it.

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TudorTrade License

When the Scam Broker Investigator researches new binary option brokers to try determining if they are a scam or legitimate broker, we check for one thing, and that is a brokers license. The most popular place for a broker to get a license from is either CySEC in Cyprus, FCA in United Kingdom, or ASIC in Australia.

TudorTrade is not a licensed broker. Smart investors can find the updated list of licensed and regulated brokers, see here.

The US SEC wrote an investor alert regarding binary option scam brokers. Read entire alert on the SEC website here.

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Warning from ASIC Australia

“ASIC urges all investors considering trading in binary options to check they are dealing with an entity that holds an Australian financial services licence.

Tudor Trade Review

Tudor Trade Review: The binary options robot and trading is perceived as one of the fastest ways to convert the financial decision into substantial profits. The success stories floating around the internet about the binary traders have also helped gain the popularity among traders. The rise has attracted numerous brokers and traders on the arena, making it one of the crowded market on the internet. The explosion of binary broking community requires you to carefully screen the brokers so that you embark on a pleasant journey. We take pride in providing consistent and reliable advice on that front and have assisted many readers to choose the right partner.

Today, we are going to assess the relatively new entrant in the binary community, namely Tudor Trade. The review of the Tudor Trade has been completed through our rigorous screening and the following text provides the complete details.

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    Tudor Trade Review

    The company takes pride that their well-equipped staff has either traded for themselves or have been dealers in professional dealing rooms. The organization which owns and manages the Tudor Trade website is the IT Cloud Limited with registration number: 23153 IBC 2020. The company does not hold a valid license from any well-known regulatory body for the binary trading.

    The Platform

    The theme used by the Tudor Trade is white, black, and dark-blue, which makes the website attractive and gives a professional feel. The platform provides ease of navigation and secure trading environment for the traders. The broking website offers around 220 assets which include currency pairs, commodities, stocks, and indices. The list of assets includes popular names; currency pairs – USD / GBP, EUR / USD, USD / JPY, commodities – copper, silver, gold, platinum, oil, stocks – apple, Facebook, Microsoft, google, and world indices – FTSE, AEX, DOW.

    The broking company has one of the most comprehensive lists of assets and option types to cater to the varied needs of the traders. The company offers expiry ranging from few seconds to the several months. The rapid expiry range includes 30 seconds, 60 seconds, 90 seconds, 120 seconds, and 180 seconds while the short expiry range includes 5 minutes, 10 minutes, 15 minutes, 30 minutes and 60 minutes. The long-term expiry range includes 1 day, 1 week, 1 month, 2 months, 3 months, up to 6 months. The expiry range offered by the Tudor Trade covers the entire gamut of trader requirements. The broking company also offers one-touch and turbo trading options for those who loves fast paced trading.

    Tudor Trade Main Page View

    The aesthetically designed platform also offers one click social trading opportunity to follow the footsteps of the most successful traders on the platform through copy trading option. The platform provides a detailed report on the trades, deposits, and withdrawals along with the safe and secure handling of your hard earned money. The platform offers to choose a currency of choice for trading which includes GBP, CYN, USD, CAN, GBP, CHF, AUD, JPY, and RUB. The broking house offers no tab for education and provides no material for learning and educating oneself on the binary trading. The above facets clearly indicate that the broker has set itself for a specific type of trader community and does not prefer the novice of the field.

    The enrollment in the site is pretty straightforward and requires minimal fields to complete, but it asks you to complete the KYC and AML formalities before initiating the first trade on the platform. The Tudor Trade offers up to 150 percent bonus on the deposit amount and provides payouts up to 90 percent of the invested amount. That’s not all, the organization offers few other goodies on the specific types of account. The Tudor Trade requires a minimum deposit amount of $ 250 to start the trading and offers to invest as low as $ 5 per trading transaction. The minimum deposit and trading requirements are bit higher compared to the competitors who requires a deposit as low as $ 10 and $ 1 as minimum transaction amount.

    Today, the world has moved to the pocket-sized mobile phones and the binary trading has also moved from desktops to the mobile applications. Dishearteningly, the Tudor Trade does not offer a mobile application for the customers who prefer to trade on the go.

    Deposits and Withdrawals

    The Tudor Trade offers limited options for the withdrawals and deposits. It allows deposits only through bank wire and credit cards. Though the organization limits the minimum deposit amount at $ 250, it does not restrict the maximum deposit amount. The withdrawal is also straightforward and it is concluded to the instrument through which the deposits have been made. The withdrawal to the credit card does not attract any fees, however, the wire transfer attracts a processing charge of $ 25 equivalent of the currency of choice.

    The organization asks you to fulfill the KYC and AML guidelines before processing the withdrawal request. The withdrawal request takes up to 3 days to process and it may take further 3 days to funds to reflect in your bank account. The company also restricts the number of withdrawal per month; allows only one withdrawal to the clients who have deposited less than $ 5,000, only two withdrawals to the clients who have deposited funds between $ 5,000 and $10,000, while four withdrawals are allowed to the customers who have made deposit of more than $ 10,000.

    The restrictions on the deposits and withdrawals of funds are very deterring and seem more than warranted. This is a big negative for the traders.

    Signup and Bonuses

    The generic form filling and deposit of $ 250 gets you started on the Tudor Trade website. The company requires you to comply with the KYC and AML guidelines in order to withdraw the funds.

    The Tudor Trade attracts their customer through generous bonuses on the deposits. The organization offers as high as 150 percent of bonus for the deposit amounts along with other perks with specific account types. The following text describes the account types and offerings in details:

    • Introduction
      • Minimum deposit range: $ 250 – $ 499
      • Demo account balance: $ 100
      • Bonus up to 50 percent of the deposit amount
      • Risk-free trade: 1 trade of $ 25
    • Traders’
      • Minimum deposit range: $ 500 – $ 5000
      • Demo account balance: $ 300
      • Bonus up to 75 percent of the deposit amount
      • Risk-free trade: 4 trade of $ 25
    • FX Traders’
      • Minimum deposit range: $ 5000 – $ 15000
      • Demo account balance: $ 2,000
      • Bonus up to 100 percent of the deposit amount
      • Risk-free trade: 5 trade of $ 250
      • Volume insurance of funds of 40 percent of invested capital
      • 4 percent guaranteed monthly interest
      • Weekly money management consultant meetings
    • Pro Traders’
      • Minimum deposit range: $ 15000 above
      • Demo account balance: $ 5,000
      • Bonus up to 150 percent of the deposit amount
      • Risk-free trade: 5 trade of $ 750
      • Volume insurance of funds of 55 percent of invested capital
      • 8 percent guaranteed monthly interest
      • On Demand personal money management services.

    Tudor Trade Accounts

    Payouts and Trading

    The winning trades provides up to 90 percent of invested amount plus the investment capital to the traders on the Tudor Trade. The payouts are very generous and fall in the upper band of the offerings from the competing websites. The brokerage house offers more than 200 assets including currencies, commodities, stocks, and indices. The company also offers a variety of expiry ranges to suit the various needs of different traders. It offers short term expiry ranging from 30 seconds to 1 hour, also, it offers long-term expiry of assets ranging from 1 day to 6 months.

    The comprehensive lists of assets and their expiry range is definitely one of the best available in the binary trading market. Though the website is mobile compatible, it does not offer a dedicated mobile application for the android or IOS powered devices. This might be a limiting factor for the customers who prefer to trade while they are on the move.

    Customer Support

    More than 80 years of combined experience of the Tudor Trade team has been visible in their robust customer support system. The customer service department is equipped with state of the art tools and knowledge to answer any query a customer might have. The customer can reach the support staff through a web-form and raise any query which he might have. The web-form requests are processed on ASAP (as Soon as Possible) basis. The customer can also connect with the support staff through an e-mail.

    If the customer is in the United States and wants to connect with the support team, then he can do. so by dialing them. Not only that, the customer can get instant gratification through a live web chat. The class leading customer support system is robust and provides answers on trading or technical matters.

    The Verdict

    The professional looking website and the placement of tabs for the trading and accessing various resources are smooth and hassle-free. The company offers about 220 assets in a variety of categories to meet the requirements of the traders. It also offers the entire range of expiry durations to meet the trader’s need, and they start from 30 seconds and goes up to several months. This is the biggest positive about the website. The modern platform does not fall short when it comes to offering generous bonuses and payouts, as it offers up to 150 percent of deposit amount as a bonus and up to 90 percent of investment amount as the payouts.

    Our worry comes from the fact that the company’s registration number and address are shared with another binary options broker, along with restriction imposed on number withdrawals. Also, the broking company does not have a valid license from the competent authority. This has led us to a conclusion that the traders should definitely avoid this broker and embark their journey through well-established brokers.

    One such, established name in the binary trading arena is the Option Robot. Although the Option Robot is a trading software, it has an affiliation with the strongest brands like Banc De Binary, IQ Options amongst others. These brands have established themselves over a long period and with consistent and superior customer service. They are known for the timely withdrawals and are regulated by likes of Cyprus Securities & Exchange Commissions and other competent authorities. Finally, we would recommend our readers to go to the established brokerage houses then the lesser known and un-registered Tudor Trade.

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    Broker Review: Tudor Trade

    The subject of today’s article, is a new binary options brokerage promising to have the highest payouts in the marketplace of up to 90%, Tudor Trade. This broker can also be utilized to trade Forex, and CFDs, but it is most suited for binary options trading, as you can quickly tell when you take a closer look at their trading platform. Unlike many other brokers, traders can immediately access the platform to see how it looks, and reacts, without having to sign up with an account. In order to trade though, you will be prompted to register.

    The brokerage is owned and operated by Global Investments Ltd, located at PO BOX 343, Victoria, Mahe, Seychelles. Traders can get in touch with the support staff, by emailing [email protected], or calling 44-203-8070235 in the UK, and 1-646-5580048 in the US. There is also a contact form, for people that prefer that method.

    Tudor Trade Review

    My first impression of the Tudor Trade platform is that it’s a little clunky. Aesthetically, the font types, and sizes of different elements isn’t the most pleasing to the eye, but this isn’t the most important aspect of a brokerage. What concerns me most, is the amount of assets and expiry times that I have choose from. In this case, the brokerage provides us with more than enough assets, including newly introduced crypto currencies and multiple Forex pairs. There are certainly more than enough options, to make any binary options trader comfortable with the platform.

    They currently offer 2 types of trading, Turbo and long-term. The Turbo trades range anywhere from 30 seconds to 6 hours, with many expiry times in between, probably the most I’ve seen for any brokerage. In sorting through most of the currencies, it’s quite clear that the payouts are large as they gloat about in their opening statements. This is another plus.

    Despite many of these aspects I appreciate, I’m still not 100% sure this is a brokerage that I would move some of my accounts to. They are close but I’m not sure they stack up with some of my recent broker reviews, like Olymp Trade , Race Option and Binary Cent .


    • Type: Options Broker
    • Founded: 2020
    • Location: Seychelles
    • Platform: Web-based
    • Payouts: Up to 90%

    I’m not exactly sure how they do it, but the payouts provided by the Tudor Trade broker do seem a little higher than most of the brokers that I’m currently using. I don’t believe that this will make a significant difference trade to trade, but over the long term it would certainly help in the profit department. That is of course, if withdrawals and execution times are reliable or not.

    Considering the lack of information about this brokerage available online, my main concern is regarding the legitimacy of the firm. I feel much more comfortable with larger brokers, that already have thousands of clients, but that doesn’t mean that this can’t be a diamond in the rough. Generally, I’ve found binary options trading signals, and software to be more effective with larger firms.

    Account Types

    The Tudor Trade team is currently offering 4 different account type packages. Depending on how much you are willing to deposit, you will find yourself qualifying for the introduction package, the traders test package, the FX traders package, or the pro-traders package.

    The introduction package requires a 250 deposit, and comes with a $100 demo account, a 50% trading bonus and one risk-free trade of $25. The traders test package requires a $500 deposit, and comes with a $300 demo account, a 75% trading bonus and for risk-free trades of $25. The FX traders account requires a deposit of $5000, and comes with a $2000 demo account, a 100% trading bonus, and 5 risk-free trades of $250. This account also comes with something referred to as volume insurance and guaranteed monthly interest as well as weekly money management and consultant meetings. I would like to see more information on these details, because it isn’t explained exactly what they are but there are no reviews on other sites like Binary Options That Suck, so this is our only resource. The final package, is the pro-traders, which requires a deposit of $15,000, and comes with a $5000 demo account, a 150% trading bonus, and 5 risk-free trades of $750. Again, this account comes with volume insurance and OnDemand personal money management services.

    There’s quite a few elements in need to larger account sizes that aren’t explained much detail, but I wouldn’t recommend trusting any of these money management services or account managers . These are generally flawed processes, that sound great, but never actually help the trader in the end.


    There are aspects of the Tudor Trade brokerage that are impressive, but as an entire package, I’m unsure if it’s offering enough to make me want to change brokerage accounts. The accounts I’m currently with our with brokers that have phone applications, smoother platforms and much more of the history in the marketplace.

    If a bunch of clients from this brokerage tell me that it’s great, then maybe I’ll change my mind. So, in order to get the ball rolling please leave a comment with your experiences, and let me know if this broker that I should be considering.

    Best Binary Options Brokers 2020:
    • Binarium

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

    • Binomo

      2nd place! Good choice!

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