TR Binary Options Withdrawal

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TR Binary Options Review

TR Binary Options

Broker TR Binary Options
US Traders Accepted
Company Name Melnic Group Ltd.
Headquarters Bulgaria
Regulation No
Bonus Type Deposit bonus
Bonus Size 100%
Max Payout 81%
Out-of-Money Reward 10%
Trading Platform SpotOption
Early Closure
Deposit Options Credit/debit cards, wire transfer, Neteller, CashU
Deposit Currencies US dollar, euro, Australian dollar, Great Britain pound, Russian ruble, Canadian dollar, Japanese yen, Swedish krona
Minimum Deposit $200
Minimum Trade $10
Maximum Trade $2,000
Online Since 2020
Trading Instruments Currencies, commodities, stocks, indices, pairs
Number of Trading Instruments 182
Binary Option Types High/Low, Pairs, Long Term, 60 Seconds, One Touch, Ladder, FX/CFD
Customer Support Types Web form, email, live chat, telephone, paper mail
Education Offered Videos, FAQ, glossary, eBook, webinars, academy sessions
Tools Offered Market reviews, social trading, interest, double up, rollover, early close
Commission $30 fee for wire transfers after first one for the month, credit card withdrawals free. $10 minimum via credit card, $100 minimum via wire transfer.
Languages English
Demo Account Yes, upon deposit of $2,000. Time-restricted.

When you open the TR Binary Options website, you might get a sense of déjà vu looking at the logo. This is because the “TR” is in the same font as the old TradeRush logo, and indeed, TR Binary Options is a re-branding of TradeRush. TradeRush has undergone quite a few changes, so it is well worth taking a closer look at TR Binary Options and what the site has to offer.

First things first. TR Binary Options is owned and operated by Melnic Group Ltd., based in Bulgaria. The broker is currently unregulated, but still does not accept customers from the USA. TradeRush has had a strong reputation in the binary options community for a long time now, so that same solid standing carries over to TR Binary Options.

Opening an Account on TR Binary Options

After you register on TR Binary Options, you can make a deposit to open an account. Your options are:

  • Beginner Account: $200+
  • Semi Educational Account: $5,000+
  • Full Educational Account: $25,000+
  • Semi Advanced Account: $50,000+
  • Full Advanced Account: $100,000+

Account currencies offered include US dollar, euro, Australian dollar, British pound, Russian ruble, Canadian dollar, Japanese yen, and Swedish krona. You may deposit via credit or debit card, wire transfer, CashU, or Neteller.

There are bonuses offered starting at the Semi Educational Account tier. Bonuses start at 50% and range up to 100% at the top tier. You can also opt for trade insurance ranging between 25%-100%, but the total amount cannot equal more than the total amount of your deposit.

This is actually a very nice feature. Bonuses come with strings attached, and a lot of traders would prefer to skip out on them altogether. Some brokers force you to accept a bonus, but at TR Binary Options, you can opt for the trading insurance instead.

At the bottom of the accounts page, you will notice that “supervised demo accounts” are offered as well. This feature looks to be highly restricted, and appears to be contingent upon your deposit amount. You probably will not get access to an unlimited demo account; most traders look like they are stuck with 30 days or less to practice. This is better than nothing, but not really sufficient. There are other brokers that offer unlimited demo testing. With unrestricted demo testing, you can continue testing as long as necessary before you risk real money.

As to other educational features and trading tools, TR Binary Options appears to be quite generous. Even if you open a Beginner Account, you will get access to educational videos, an eBook, market reviews, webinars, and 24/7 support. You also get an account manager for the first month. As you climb up the tiers, you are given more benefits, including additional webinars, academy sessions, bonuses and trading insurance. At the highest tiers, you also can earn interest on the money in your account.

Withdrawal Rules

TR Binary Options is very reasonable when it comes to withdrawing your money. There is a minimum withdrawal threshold, but it is only $10 if you are using a credit or debit card. The threshold for a wire transfer is $100. On most other binary options sites, $100 is typical as a minimum threshold for all methods.

You don’t appear to have much to worry about in the way of fees either. TR Binary Options states that withdrawals processed via credit card are free. Wire transfers are $30 (which is the industry standard), but the first one each month is also free. So when you want to withdraw your money, you can withdraw all of it. On competing sites, you can lose quite a bit through fees.

Trading on TR Binary Options

When you trade on TR Binary Options, you will be using the popular SpotOption platform. This platform is practically ubiquitous; the vast majority of binary brokers are using it, so there is a chance you already know exactly how to use it. If not, you can easily learn your way around in minutes. You can trade on your desktop or laptop.

Best Binary Options Brokers: 2020 Ranking
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    Perfect for beginners!
    Free Demo Acc + Free Trading Education!

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    Good choice for experienced traders!

There are 182 financial instruments you can trade on TR Binary Options including stocks, currencies, indices, pairs, and commodities. That is a very large selection, better than you will find on most binary options websites. There are also quite a few different types of trades: High/Low, Long Term, 60 Seconds, Pairs, One Touch, Ladder, and FX/CFD. So this gives you numerous opportunities to make money using different strategies.

The minimum trade size is only $10, and the maximum is $2,000. This is a lower floor and a higher ceiling than is typical, which is great for those with larger and smaller bankrolls. By contrast, a lot of other sites will force you to start out trading $25, which would be a bit high for those making just the minimum deposit.

Various tools are offered to help you trade. You can view social trading right there on the platform, and you can also use double up, rollover and early close to control your trade exits. You also can get out-of-money refunds on losing trades ranging up to 10%.

If you need help while trading, you can contact customer service via live chat, telephone, web form or email. No one was staffing the help desk when I checked, which was discouraging, but I had good experiences with TradeRush customer service, so perhaps this was a one-off. Still, I recommend you check in with customer service and test them out for yourself. Make sure you are pleased with the service that TR Binary Options offers and feel comfortable depositing your money.

Conclusion: TR Binary Options Is Still a Good Choice for Traders

TradeRush has added and changed features over the years, and obviously now has a different look and feel. But as the newly re-branded TR Binary Options, it continues to offer a high quality service. Everything I have seen researching this site indicates that it remains a solid platform and a good choice for traders who are outside the USA.

TR Binary Options , 3.8 out of 10 based on 6 ratings

a Complete Guide for Binary Options Trading

TR Binary Options is the name of outstanding and popular binary option broker in the binary trading industry where a trader can be successful, because of its excellent characteristics and services with a view to ensuring traders’ satisfaction. It is TradeRush that provides a market analysis features for all the traders. Daily sending important information and trends in the market to e-mail or even through their high-quality mobile application by this market analysis features. Basically, it provides traders with important economic indicators and trends that they have to know. So, this information is extremely important for the traders. This broker is always with the traders and this significant feature is created in order to facilitate them to create the right decisions and amplify their chances of making profits.

If you like fuss-free transactions then this broker is one of the best in the whole world. The withdrawal procedure here is really effortless and very clear-cut as well. The withdrawal process and deposit processes are made with euros or dollars. Besides, there are also diverse payments methods, for example: wire transfer, credit card and Moneybookers.

Various helping and communicating options are available here. Moreover, TR Binary Options allows the traders to contact them using live chat, e-mail, or by a toll-free number for individuals in the United States and Canada. They always focus on the best quality as they have an experienced expert support team for the benefit of the traders. All the members of the supporting team are trained and informative to solve any query of the traders.

No scams have been reported in TR Binary Options, which makes it the best among the traders’ minds. Furthermore, you will discover that all traders are totally satisfied with the services that the company provides if you verify online reviews and forums of this broker. A lot of them have even described how the company has really helped them improving their trading knowledge and making more profits than they expected in the first place. Therefore, it is really amazing broker.

Withdrawal from the TR Binary Options Account

Providing security is the main subject of TR Binary Options. It is anti-money laundering regulations that are related to all steps to ensure legal compliance. So, all activities are the great embodiment of legality. The traders can verify their ID before withdrawing for the first time here very logically and legally.

Moreover, it is always trader-friendly as the smallest amount withdrawal amount with TR Binary Options is in the midst of the smallest in the industry that makes this binary options broker honest. $5 is the minimum withdrawal amount here.

Traders can put aside $30 fee required to cover bank transaction costs of the broker as the primary withdrawal of the month is always free. It is just up to 4 business days needed to process the withdrawal in TR Binary Options. Basically, the method determines the time needed for funds to reach the account of the trader. Moreover, bank wire requires up to 7 days and other methods are faster.

TR Binary Options Bitcoin

TradeRush provides online based bitcoin trading. This has great resulted in TradeRush increasing their services and supplementary traders in earning more currency. The bitcoins are available as the integral part of the CALL/PUT options offered by TradeRush. Moreover, A representative for the online broker elucidated that online broker favours BTC/USD options. This service can be contacted from mobiles as well for the traders.

Moreover, the online broker gives details that the rates of bitcoins are forever changing and this is where traders can create a lot of profit.

TradeRush also gives marketing examination as a part of a package for traders and anyone involved in joining them who wants to produce profits. Traders will be able to obtain updated examinations and news about the market on a daily basis. Other than bitcoin, there are other possessions and binary options that traders can put in trading.

TR Binary Options Assets

There is a great variety of assets that traders can like from TradeRush. So, understand the different assets obtainable before making a decision in this trading. For the concerned of the traders, here is a description of the diverse assets obtainable:

  • 44 (forty four) stocks: Find stock options from the largest firms like Apple and Nike.
  • 25 currency pairs for example USD/GBP and GBP/JPY.
  • 10 commodities for example Silver and Corn.
  • 28 indices for example NASDAQ and FTSE 100.

Moreover, there are also other exceptional features obtainable that traders can take benefit of, for example mobile trading. The mobile trading application facilitates traders to trade in a direct method from their Smartphone, no matter where they are or what time it is. Besides this, other important services consist of the close early characteristic and the roll over characteristic and this enables traders to finish their trade before the expiry time and even expand this time.

Moreover, the option builder characteristic is really great as well, and it enables a lot of control over the quantity of profits that someone can make. In addition, TradeRush is one of the few online brokers that recognize clients from the US. TradeRush is a leader online broker that has been providing elevated excellence services to the brokers for years.

TradeRush is very close to the traders as it has an outstanding customer support. Great customer service is also offered to the valued customers and they will be capable to provide help with everything they actually want. E-books and videos have been offered and supplied by TradeRush to perk up their information and trading skills.

Is TR Binary Options Legit?

TradeRush is 100% legit and popular among the traders. We are pleased to say that TR Binary Options is in fact a legit and dependable binary broker. They are also known for having wonderful and active features and providing traders with high excellence customer service from the second they sign up to when they take out money. Moreover, the signing up procedure is incredibly simple and traders must enter essential information for example their name, telephone number tenant country and their e-mail.

TR Binary Options is really legit since all the transactions are totally safe, smooth, fair and unlike other online brokers; there haven’t been several complaints from traders. You can rest certain that all transactions made are going to be wholly safe whether it is depositing currency or withdrawing it. Actually, the TR Binary Options trading platform is extremely straightforward in order to utilize and this is very helpful and beneficial for beginners who have actually no preceding knowledge in the binary trading industry.

TR Binary Options Withdrawal

TR Binary Options: Broker Review and Trader Feedback

Attention! Since year 2020 TR Binary Options works under the brand Race Option

TR Binary Options (formerly TradeRush) is one of the leading Western European brokerage companies that specialises in binary options trading. It was founded in 2020 and gained almost immediate success among traders in several countries, mostly thanks to its quick and easy-to-use platform that allows one to trade currencies, stocks, commodities, and indices using binary options.

1. General information

TR offers a wide variety of binary options trading instruments to benefit both novice and experienced traders. The corporate headquarters are located in the UK, and there are local offices in other European countries.

Since its inception, the company has gained respect for its modern trading platform, wide variety of assets in each of the four main categories (stocks, commodities, currencies, and indices), speedy funds withdrawal process, and assistance offered to beginner traders. With an innovative approach to their business, TR have been recognised as leaders in binary options trading by a number of independent ratings. Let us have a more detailed look at this broker.

2. Advantages and disadvantages

Familiar trading interface. TR developed its platform based on SpotOption, with a design that a lot of traders will find familiar and comfortable to use; most beginners will be able to learn to use the interface within just a couple of minutes.

Wide choice of assets. There are over 140 different underlying assets available for trading on TR’s platform. On top of that, there is a separate ‘Pairs’ category, which allows betting on relative performance of any two assets, e.g. Apple vs Microsoft stocks.

Multilingual platform. Both the site and the trading platform are available in 8 languages.

Mobile trading. A dedicated version of the trading platform is available to iOS users, offering the same assets and instruments as the original version.

Trader education. The broker’s website has a separate section where one can learn more about binary options, choose a trading strategy and also download an e-book written by the company’s analysts.

24/7 support. Every user can talk to one of the client managers or address their questions to the customer support service. You can get assistance 24/7 and you typically won’t have to wait long.

Doubling up and extending trades. TR’s trading platform offers an opportunity to double the stake of a trade that is already live, when you are sure that the option is going to expire with a profit and you’d like to increase your investment. If the option is still in the ‘non-profit zone’ close to the expiration time, you can also extend the expiration time in order to increase the probability of a positive outcome.

High return on investment. In the case of an erroneous forecast the broker will return up to 10% of your deal amount. You can turn this feature on and off since it influences the amount of profit you will make in the case of a correct forecast.

Welcome bonuses. Every newly registered trader is offered a welcome bonus of between 20% and 75% of the deposit amount.

No demo account. At the moment it is not possible to get oneself acquainted with the platform and test your strategies with the help of a demo account.

3. Trading conditions

TR offers their clients a binary options trading platform that operates on the basis of the widely used SpotOption core. Expiration times vary between 60 seconds and six months. The minimum deposit threshold is $200, while a minimum investment amounts to $10 for standard options and $5 for short-term options. Average return on successful deals is around 80%; for some advanced types of option contracts it can reach up to 450%.

4. Underlying assets

The number of assets available on this platform is above 140, which is quite high by industry standards, and they come under one of the four main categories: stock indices, individual stocks, commodities, and currency pairs. There is an additional category called ‘Pairs’, where any two assets from the first three categories can “compete against each other”. Experienced traders will be happy to see more exotic currencies, such as GBP/NZD, USD/SEK, USD/SGD, etc. Such variety allows traders to try out new markets and develop new trading strategies, increasing diversification and reducing risks.

5. Trading platform

The trading platform of TRBinaryOptions.com is based on SpotOption’s award-winning system. Among the main advantages of this platform are fast deal execution, neat design, comfortable interface where everything you need is within reach, as well as a possibility to open several trading charts for different assets and types of options at the same time (only linear charts available). In addition to that, one can trade from anywhere in the world as long as there is a stable internet connection. A mobile platform is downloadable for free and available for Android and iOS users.

There are three types of options contracts available:

  • The ‘classical’ binary option. In this case you need to predict the behaviour of the price of the underlying asset within a certain time frame and open a corresponding trade. Pay-outs in case of correct forecasts can reach 80% of the deal amount.
  • 60-second options, also known as ‘turbo’ options. This type of instrument is popular among more active traders. It is, essentially, the ‘classical’ binary option with a shorter expiration time, which can be as short as one minute.
  • ‘One touch’. This is the most profitable type of instrument on the platform. The system sets two price levels and the trader needs to forecast whether the price is going to touch one of the two or not. Profitability of such trades may reach and even exceed 450%.
  • ‘Constructor’. This is not your standard type of options contract: you build your option yourself by choosing its expiration dates, profitability level and the underlying asset.

The platform also offers a number of useful features that you may like to focus on:

  • ‘DoubleUp’. If you are confident about the outcome of a trade, you may wish to activate this function – it will double both the investment and your profit in case of a successful forecast.
  • ‘RollOver’. Sometimes you will find yourself lacking just a couple of seconds/minutes in order for your open trade to become profitable. This feature will help you by extending the expiration time of the option.
  • You can also close the trade before its initially defined expiration time. In this case, however, the profit will be lower than the normal payout.

6. Types of accounts

This broker offers its clients five versions of trading accounts, depending on the initial deposit:

  • Mini ($200 – $499). This is a starter account, yet it too comes with a bonus of 20%, a daily market overview, and free educational materials.
  • Standard ($500 – $999). With a bonus of 30% as well as daily and weekly market overviews this account is a more beneficial version of the previous type.
  • Executive ($1000 – $2999). The welcome bonus is 40%, and in addition to the above mentioned features the Executive account offers the following advantages: faster funds withdrawal, personal account manager, an individual trading strategy, participation in a money management training programme.
  • Gold ($5000 – $9999). The bonus amounts to 50% in this case, and all of the above mentioned features are available, with an addition of several risk-free trades, 3 trading strategies, and tailored professional analytics.
  • Platinum. For deposits of $10000 and above, you will be granted a welcome bonus of 75%. This type of account offers 3 free same-day money withdrawals per month and a free iPad for mobile trading.

7. Deposits and Withdrawals

On the main page of the company’s website you will find the registration form which you will need to fill in in order to open an account with TR Binary Options. You will need to input your personal information – your name, surname, telephone number, and your email address. Then you will need to confirm your registration and enter your desired password. In order to withdraw funds for the first time, you will need to verify your account (this is a one-time procedure) by submitting a scan of your personal ID – this is a standard procedure for regulated market participants which is aimed at fighting money laundering and also helps guarantee the safety of your funds.

Deposits and withdrawals are available using Visa, MasterCard and other popular types of credit cards. The broker also works with bank transfers and electronic payment systems, such as Skrill (MoneyBookers) and Neteller. Funds withdrawals take three working days for standard account types, Platinum accounts have their applications processed within one working day. It must also be noted that there is a fixed commission for withdrawals via wire transfer amounting to $30.

8. Trader education

One of the main benefits of TR Binary Options is their training programme and the assistance that they offer to their clients. There is a section on the broker’s website that contains an extensive selection of electronic materials, including an e-book and professional development courses. An interactive video series, for instance, informs you about the benefits of trading as well as teaches strategy selection basics and effective risk management strategies.

Each client, irrespective of their account type, has the opportunity to receive daily market overviews produced by the company’s analysts, attend free webinars, and turn to support for help. In case of questions or technical issues you can also request a personal consultant who will contact you through Skype, on the phone, or through the chat on the website.

9. Should I trade with TR?

Top reviews, a speedy platform, lots of assets, step-by-step training, as well as helpful and efficient staff all make TR Binary Options one of the best brokers in the industry. Numerous positive reviews and industry awards hint that this company’s clients never lack help, attention, or quality services, and are able to focus on profitable trading instead of worrying about the infrastructure.

Best Binary Options Brokers: 2020 Ranking
  • Binarium
    Binarium

    Best Choice! The leader in our ranking!
    Perfect for beginners!
    Free Demo Acc + Free Trading Education!

  • Binomo
    Binomo

    Good choice for experienced traders!

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