Cherry Trade Review

Cherry Trade
9.6 EXCELLENT
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Overview

Skip the content and proceed to bottom line OR Get a Free Trial Account with Cherry Cherry Trade is a relatively new broker, which is quickly growing and becoming one of… more

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Details

Broker Cherry Trade
Website URL www.cherrytrade.com
Headquarters 1A, Arcade House Temple Fortune, London NW11 7TL
Support Number +917 775 0324
Support Types Live Chat, Phone, Contact Form, E-mail
Minimum 1st Deposit $200
Minimum Trade Amount $5
TopOption™ Score 9.6 EXCELLENT
Payout 88%
Free Demo Account Open Demo
Account Types Basic, Professional, Expert, VIP, Corporate
Deposit & Withdrawal Methods Credt/Debit Cards, Bank Wire
Number of Assets 100+
Account Currency AUD, CAD, GBP, EUR, USD
Traders Score 9.6

Full Review

Skip the content and proceed to bottom line OR Get a Free Trial Account with Cherry

Cherry Trade is a relatively new broker, which is quickly growing and becoming one of the leading brands in the industry. Cherry Trades offers very high payouts of up to 80-85% on winning trades. The minimum deposit is only 200 USD or EUR, to begin trading. They have 24/7 customer support that can be reached via phone, live chat or email.

Cherry Trade Platform

Cherry Trade has a very easy to use trading platform. It has a variety of options that can be traded, such as: Call/Put, Pairs, Long Term, Sixty Seconds, One Touch, Ladder, and IFollow. The most popular option type is “Call/Put”, which means you only have to predict if the price of the asset will increase or decrease at a certain point of time in the future. The Cherry Trade platform has a very useful feature called “IFollow”, it allows you to browse successful traders, and to “follow” or “copy” their trades. This way if you are a novice trader you can instead copy what other successful traders are doing.

cherry trade binary options platformThe Cherry Trade platform has an iPhone and Android application so that you can monitor the market and make new trades from anywhere.

When you log in the Cherry Trade platform you can see over 100 assets that can be traded, they include: currency pairs (Forex), stocks, indices and commodities.

Cherry Trade Minimum Deposit

The minimum deposit needed to start trading is only 200 USD or EUR. Once you open an account you should fund it with at least 200 USD/EUR and you’ll be able to start trading right away. The minimum trade size is only $5 for sixty seconds options and $25 for all other options. While the maximum trade size is $5,000. This is ideal for both beginners and advanced traders who may either want to trade with a larger or smaller investment.

Cherry Trade Deposit and Withdrawals

With Cherry Trade you can easily deposit and withdraw from your account via Credit/Debit Cards or bank wire. We expect that more payment methods will become available soon. The minimum deposit amount is only 200 USD or EUR. In order to withdraw from your account you must first verify it, by sending a copy of your ID and a copy of a utility bill with your address on it. Once you’ve done that, Cherry Trade can process your withdrawal requests in up to 5-7 business days. There are no fees if you wish to withdraw funds via Credit/Debit Card, however there is a $30 fee if you wish to withdraw via bank wire.

Cherry Trade Bonuses

Cherry Trade offers welcome bonuses to new clients which are between 25-100% bonus depending on your deposit. In addition to this Cherry Trade has another promotion of “5 Risk Free Trades”, which means that your first 5 trades will be without any risk of a loss. This is a great way to test the platform and the financial market. If you’re interested in getting a bonus from Cherry Trade make sure to read the bonus terms and conditions for more details on the benefits and requirements.

Bottom Line

recommended80Cherry Trade has a good reputation of being a professional broker, which is growing and enhancing its services. After we researched Cherry Trade their TopOption™ Score is calculated to 9.1 EXCELLENT. This is after we took into consideration the following factors: over 100 trading assets, minimum deposit requirement of 200 USD or EUR, accuracy and features of trading platform, deposit and withdrawal procedure, their 24/7 customer support and other factors.

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