CherryTrade Review

Deposit: $200
Payout: 81%
Max Bonus: $1500
Binary Option Website: CherryTrade
Regulating Authority: Anguilla
Web Trading: Yes
Mobile Trading: Yes
Withdrawal Fees: $30 fee for wire transfers

We have a very wide selection of Binary Options trading suits that can and do cater for all traders based in Australia. However, one that we can highly recommend is CherryTrade, who has been established for many years now and they offer a dynamic spread of trading platforms, account types and are renowned for their fast winning payouts.

Multiple Trading Platforms

One of the main benefits of becoming a Binary Options trader at CherryTrade is that you are going to have access to both a web based trading platform and their award winning mobile trading platform. This guarantees that no matter where you are you are always able to log into your account and get your trades placed instantly with no fuss or hassle!

Should you be new to the world of Binary Options trading then you will find their Education Centre is going to offer you a wealth of valuable trading hints and tips, and with up to the minute new stories available directly from their news feed, you are always able to keep your finger on the pulse in regards to everything that can and will affect the value of assets, currencies and commodities!

Choose Your Own Type of Trading Account

Let us now run through the many different account types which you are going to be able to open at CherryTrade. There are different benefits to be had by opening each type of account, so do have a good read through of this account guide as one of them will be more than suitable for you!

  • Classic – The first account type you can open at CherryTrade is their Classic Account and a deposit of just $200 is required to get your account ready to use, and that initial deposit will see you being awarded a bonus worth 25%.
  • Bronze – You will be allowed four risk free trades if you choose to open a Bronze Account at CherryTrade and the minimum required deposit to open one of these accounts is just $500 and if you opt for a Bronze Account you can claim an instant bonus of up to 35%!
  • Silver – The Silver Account offered to new customers of CherryTrade is a good one to consider opening if you are a mid volume Binary Options trader, for when you open one of these accounts you only need an initial deposit of $1,000 to get your account activated and ready to use and once you have made that deposit a bonus worth 50% will be credited to your account and you can also place four risk free trades of $50.
  • Gold – Should you be interested in an account that requires a minimum deposit of $5,000 and one that offers a 75% deposit match bonus plus one that gives you the ability to place up to a total of four $250 risk free trades then make sure you opt for their Gold Account.
  • Platinum – The ultimate trading account that all Australia based Binary Options traders are able to open at CherryTrade is one of their Platinum Accounts. This account is suitable for very high volume traders you are going to have access to a huge 100% sign up bonus and up to four $500 risk free trades when you open ne of these account. The minimum required deposit to open a Platinum Account is $10,000.