Trader XP Review |
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General info |
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Trader XP broker is registered in British Virgin Islands and in very short time managed to gain a good place among the top binary options brokers. The special features along with an extensive range of assets recommends Trader XP as a good choice when it comes to binary options trading whether you are a novice or an experienced forex trader. |
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Minimum investment: 100 USD |
Options profitability: from 66% to 75% |
Option refund if out of the money: 10% |
Can trade: Forex, Indices, Stocks, Commodities |
Traders from USA: Allowed |
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Main features
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With a total of 53 assets ready to be traded nonstop during opening hours, Trader XP it’s one of the most attractive binary options broker in online environment. 20 indices (ex: Nikkei 225, NASDAQ-100, Dow Jones and FTSE 100), 17 stocks (including Amazon, British American Tobacco, Coca-Cola, Microsoft, and Google), 12 currencies and 4 commodities make up the assets list. |
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The expiration time of all options ranges from just few minutes to few weeks or by the end of the month. Most binary options traders prefer intraday expiration times but Trader XP aims to satisfy all customers so the expiration times also include the end of the week, two weeks and the end of the month. |
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Trader XP broker does not require any download and the site is available in seven languages: English, Russian, Arabic, French, Spanish, Turkish and Norwegian. |
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When it comes to deposit methods, Trader XP offers multiple solutions starting with wire transfer and credit/debit cards (Visa, Delta, MasterCard, Diners, Maestro and Solo) and ending with other payment methods such as Moneybookers, Nordea, iDEAL and CashU. |
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The profit rates range between 68% and 75% for options expiring in the money and the refund for options expired out of the money is 5%-10%. |
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Besides the already classic binary options, Trader XP also offers One Touch options which consist in predicting if the price will reach a certain level. One Touch options are available only in weekend, when the markets are closed and their return rate is up to 500%. |
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Special features
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Trader XP is dedicated to satisfy all customer needs so the broker introduced the hottest feature in binary options trading: Option Builder. |
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With Option Builder the trader can create customized trades that will follow their personal trading style. The Option Builder offers maximum flexibility as the trader is free to choose the asset, the expiry time, the profit and control risk level, the direction (call or put) and the amount of money to be invested. |
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The Option Builder feature is available just for few assets from each category (commodities, currencies, indices, stocks) and there are five profit/risk levels to choose from: 70% / 10%, 62% / 20%, 55% / 30%, 36% / 50% and 28% / 60%. |
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