Exclusive Review
Exclusive Review
March 1, 2012TradeRush – Binary Options Broker
BackGround:
TradeRush was launched in August of 2011, offering its members a web based platform which means no downloading is necessary. The platform is self is very beginner friendly and caters to the needs of traders of all experience levels.
TradeRush now offers binary options trading on over 85 assets across all major markets including the US, Asian, Middle Easter and European. The diverse selection of assets, including Stocks, Commodities, Indices and Currencies, and large list of expiry times makes TradeRush a great choice for all traders. Currently support is offered in English, however traders from all countries are welcome to join.
Unique features include the introduction of 60 second trades to the world of binary options. Since then multiple brokers have added this option as it offer real value to traders.
Up to 15% return on trades out of the money as well as custom OptionPro Charting along with rollover, double up add to the list of unique features TradeRush offers. Options profitability “in the money” range between 70 – 81%.
Unlike many binary options platforms, we know that TradeRush is owned by a group named “Edbruke Investments” operating out of Cypress. The group is known to have extensive ties and managerial background in Forex and Stock trading operations.
Special Features:
- Up to 15% return on trades out-of-the-money
- One Touch options profitability with up to 500% return
- 85+ underlying assets available
- Up to 100% deposit bonus
- Custom Option Pro Charting
- Unique 60 second options
Usability
The site and platform are clear and very easy to navigate. They offer all the tools traders require without overloading them with information. The signup process at TradeRush is simple and very intuitive. A clear asset list, and FAQ section are available for new visitors which provides traders a snapshot of their platform.
After starting to trade the account history section becomes available which allows traders to keep track of their trading deposit / withdrawal history as well as previous trades.
The minimum trade is only $10 and maximum trade is $1,500.
New traders will find the TradeRush site very simple and easy to use.
Number of Assets
TradeRush offers the following list of assets; 12 Currency pairs, 9 Commodities, 45 Stocks, and 19 Indices. This large range of assets and asset expiry times is a great sign.
Expiry Range of Options
The TradeRush website offers 60 second expiries, 15 minute, 30 minute, 1 hour, 2 hour, end of day, 2 week and 1 month expiry times.
Effective Return
Offering up to 81% return on trades in the money, and up to 15% return on losing trades effective return is up to 96%!
Multi-language Support
English support only offered, 24/7.
Website Extras
TradeRush has a load of extra features. Their custom 60 second options are available 24/7. Trading is also offered on the following assets: GOLD/EUR, EUR/GBP, GBP/JPY, USD/JPY, AUD/USD, EUR/AUD, EUR/USD, GBP/USD, USD/CAD, USD/CHF, USD/JPY and the Russian Index of RTS FUTURE.
After registering an email is received containing their full binary options e-book which gives a great overview of the TradeRush platform and explains how to use all of their features. This is a very nice snapshot about how to get started.
Additional Features
Options which expire “out of the money” on their classic binary options offer up to 15% return which insures that with proper money management traders will be able to stay profitable.
The custom Option Pro charting software offers additional insight into market conditions and allows traders to make more informed decisions.
Daily market reviews are delivered via email to each member and offer another great tool to help lead to success.
TradeRush management claims that the one touch options offer profitability of up to 500% on investments and are available for weekend trading. Realistically we prefer placing emphasis on the up to and not the 500%.
Fees/Commissions
As is the case with all other binary options brokers, TradeRush management claims they do not require any fees or commissions for open trades. They allow you to trade as much as you want commission free. Its worth noting that there is a $30 service fee for withdrawing funds, this excludes the first withdrawal of each month which is 100% free.
Loyalty Offers
From what we can tell TradeRush offers very high deposit and redeposit bonuses. We always like chatting with an agent to receive the best and most up to date offer.
TradeRush claims to also offers same day withdrawals for their VIP members. This is a definite perk and we have already verified that this is the case both by chatting with a Managing Consultant and also through one of our colleagues who works on Wall Street and is a VIP at TradeRush.
Payment Methods
Deposits at TradeRush can be made via Visa, Mastercard, Debit Cards, Amex, Diners Club, Wire Transfers or with the popular e-wallet, MoneyBookers (Skrill).
Support Quality
The quality of support offered at TradeRush is second to none. Although only English speaking representatives are available they are extremely knowledgeable and respond within seconds after being approached. A call back service is offered to anyone interested in speaking with a representative. For me that is a definite plus since I’m looking to speak with real people not bots. Contact is also available via live chat and email. As I mentioned previously, response times for all methods of contact are quick and the support team is very knowledgeable.
Conclusions/Recommendations
Overall TradeRush ranks very high because of the platform it uses and the ease of use. The support reps are extremely professional and are eager to help, also the variety of assets and friendly user interface make for an extremely delightful trading experience. The only downside we can see is that they only support English, this really impacts the overall score and mainly based on that we give it a score of 8.4/10.
Click Here to Start Trading at TradeRush
