Last Updated on May 17, 2022
Tropical Trade is a binary options broker. Since 2015, they’ve delivered their financial services to traders internationally. Through their cutting edge platform, TropicalTrade offers the simplest, yet most advanced method for trading binary options online. With professional customer service, a wide range of trading products, and an extensive selection of assets, TropicalTrade has become one of the industry’s leading online brokers.
At TropicalTrade, a single investment can yield a return of up to 85 percent. Given the right market conditions, traders can expect a payout of as much as 1500 percent when selecting a Range or OneTouch option. To cater to all types of traders, TropicalTrade offers four different types of trading methods: High/Low, OneTouch, Range, and Hyper. While each is different and offers its own benefits, every method will provide traders with a generous payout. For new traders, the simplest method is the High/Low, or Call/Put option.
TropicalTrade’s platform was developed using the latest technology. Created by experienced professionals representing a number of fields, including forex trading, risk management, and software development, the TropicalTrade platform is tailored made for online binary options trading. The platform is entirely web-based, and therefore requires no download of any software. Traders can easily access the platform directly from their web browser. Whether a beginner or a veteran trader, anyone arriving for the first time to TropicalTrade will find the platform’s interface to be simple and user-friendly. The platform has been developed to be compatible with both desktops (PC) and mobile devices. To invest on-the-go, traders will simply need an internet connection. At present, mobile supported devices include iOS and Android powered phones and tablets.
Types of Accounts
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.
Assets & Expiry time
At TropicalTrade, traders can select from more than 65 unique assets. In the asset index located on the TropicalTrade website, assets are categorized into currencies (FOREX), commodities, stocks, and indices. Also included in the asset index are the expiry times for each individual asset. Generally, binary options expiry times are every 15 to 30 minutes. However 60-second trading offers expiry times ranging from 30 seconds to five minutes.
Deposit & Withdrawal Options
Tropical Trade makes banking quick, secure and easy. Traders can choose from several currencies to fund their account or make withdrawals. TropicalTrade account holders can use British pounds, Euros, or U.S., Canadian, and Australian dollars. At this writing, TropicalTrade accepts payments from a number of major credit/debit cards as well as bank wire transfers. To make a withdrawal, traders can use either a credit/debit card or a bank wire transfer. The minimum amount that can be withdrawn is $100. Once a withdrawal request has been submitted, they are processed within five business days. While withdrawing funds via credit/debit card is free of charge, a bank wire transfer will cost $25 for each withdrawal.
The results of our withdrawal test at TropicalTrade was better than average. Money had been withdrawn via credit/debit card, and after four days, the funds appeared on our credit card statement.
All transactions at TropicalTrade are secured using the most advanced SSL encryption. The privacy and security of their traders is something they clearly take very seriously. Using state-of-the-art technology, TropicalTrade safeguards personal details and banking information to ensure fraud protection. With the latest SSL certificates, even a trader’s trading history is kept secure.
Minimum Deposit & Bonus Plans
The minimum deposit for the Basic account is only $200. This entry level account is highly recommended for anyone new to binary options or online trading. With TropicalTrade’s comprehensive Education Center, a new trader can quickly become an expert over a short period of time.
The bonuses offered at TropicalTrade are varied. Each account type offers its own Welcome Bonus: Basic (20%) Pro (35%), Gold (70%), VIP (50%), and Corporate (30%).[plain]
TropicalTrade offers a payout of up to 85 percent.[success]The result of our profit test showed an average return of 81.5 percent across all option methods (financial products).[/success]
TropicalTrade’s customer support team is available 24 hours a day, seven days a week. Their support representatives are friendly, knowledgeable, and very professional. In addition to a toll-free phone, traders can contact TropicalTrade’s customer support team via email and live chat. Customer support was always available for questions and took the time to make sure those questions were answered. When asked how to get started, rather than simply referring our trader to the relevant pages on the website, a support representative walked him through the entire process while on the phone. TropicalTrade also employs market experts and professional brokers who can assist traders as well as provide them with news, up-to-date market trends, trading signals, and more.
Accept US Traders
TropicalTrade does accept traders based in the United States.
TropicalTrade makes every effort to provide an ideal trading experience. Having combined the latest technology with professionally trained brokers and an amazing support staff, TropicalTrade succeeds in delivering a safe, secure and profitable method for trading binary options. Their financial products and available assets are some of the best online. And with the free resources offered at their Education Center, traders can easily increase their returns in a matter of days. At TropicalTrade, all the tools for improving your trades and making real profits are just a few clicks away.
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