Cedar Finance Review
Cedar Finance Review
April 7, 2013Cedar Finance is one of the leading binary options brokers today offering a variety of trading instruments such as 60 second options, options builder, and open platform.
This trading platform is both intuitive as well as unique in the sense that it appeals to new traders and veterans alike. Simply explained, when making correct predictions on price movements it’s possible to gain fast profits through a variety of assets. No download is necessary, the software has been developed so it is 100% web-based. This means that you can trade on any device (Tablet, Ipad, Mobile, Android) as long as you have a browser and an internet connection.
Trading Basics:
• Advertised return stands at up to 80% on investments made.
• Multilingual Trading Platform (English, French, German, and Italian)
• Free instructional pages, trading, and webinars.
• Trade 60 second options (during the weekend as well)
• Over 90 assets available
• No broker fees
• Minimum deposit is $200 €/£ (Multi-currency)
• Trade starting at $5 on 60 second binaries and $25 on digital binaries.
• Multi-language customer service is available via phone, e-mail, or via live chat.
How to Trade on Cedar Finance:
As is the case with all brokers, to succeed you merely need to speculate as to the correct direction of the movement (below or above the resistance line). If your contract expires in the money, that means you guessed the correct movement within the selected expiration times. You can trades in varying durations from 60 seconds, 15 minutes, 30 minutes, hourly, daily, and even monthly trades.
Signing Up
The registration process is very simple and intuitive. You can immediately choose from currencies (forex pairs), indices, commodities, and stocks to start trading. Available options are: high/low, boundary, touch, or no touch options.
Payment Methods:
All forms of credit cards (Visa, Mastercard, Amex), Debit cards, Bank wire transfers, Western Union, Moneybookers, and CashU
Strong Points:
- Friendly trading interface easily grasped by beginners as well as experienced traders.
- Massive Returns of up to 80% binary option profits.
- Multi-language support. Cedar Finance is offered in English, French, Italian, and German
Unique Platform Features
1.Free Instructional Guides and Tutorials – There are a large assortment of guides and a sea of information available for new as well as more savvy traders. Feel free to skim through the material and educate yourself about binary options trading and what this winning platform has to offer.
2. Rollover – If you believe that your current losing trade will eventually end “in the money ” you can to rollover or postpone trades . There is a fee that’s carries but its a nice feature to have and I found it particularly useful for hedging future trades.
3. Double up –Want to double up your investment by taking the same position with one click? Now you can leverage this at your convenience.
4. Cash Out –Feel free to cash out of trades early to free up your balance for future investments or alternatively to take profits.
5. Price Tracking – traders can track prices of assets through a simple interface. They can easily move in and out of positions and analyze their exposure or risk levels.
6. Welcome Bonuses (Educational Allowance) – Cedar Finance offers tiered welcome bonuses based on the initial amounts invested.
7. One Touch – Place one touch trades over week-long time-frames and gain unique access to high yield investments. One Touch allows you to turn a substantial profit from a relatively small investment.
Summary & Conclusions: This binary options broker scores high on all key parameters. The trading platform is superb, customer service is very helpful and courteous, professionally they outgun the competition on a consulting as well as on a software level. Based on my experience I give Cedar Finance a very high score of 9.4/ 10.
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