CherryTrade was introduced back in 2013, while this may mean they lack experience, I tend to disagree. CherryTrade has gained an enormous spike in reliability and trustworthiness from thousands of their clients. Having a really well designed and easy to use platform that attracts not only fresh traders but those with more experience as well. They surpassed many other older brokerages with more experience, so just because they’re young, doesn’t mean they’re not trustworthy or scam. Read our CherryTrade review for more information.
CherryTrade’s team consists of well experienced and reliable ex traders, that have worked in various financial sectors around the globe, we believe the reason for CherryTrade’s success is the combination of an amazing team and a great educational library, that gave them a step ahead of other brokerages. They still have a long way to go but their step is swift.
Trading and Assets
The platform itself is very well designed, you will notice that as soon as you sign up, extremely easy to use by pretty much anyone, whether you’re a new trader or an experienced one. In no time you will be enjoying the full package and many features they offer.
They recently introduced a new feature called Ladder Options, which is a certain type of trading binary options, in short, it consists of 5 predetermined strike prices and the earnings go as high as 1500% in an extremely short time – thirty minutes. There are of course longer term options where you can trade on a yearly basis. We recommend the most popular 60 second trading that is great for fresh traders and those with not a lot of time, yet good profits can be made.
CherryTrade has a list of over a hundred assets, most of assets you will need are there, commodities, indices, Forex etc. They also have 4 financial markets.
CherryTrade Demo Account
CherryTrade takes pride in having a great system for both fresh trades and experienced ones. The most basic account they offer insists on a $200 minimum deposit, with this account type you’re given access to the large video learning library and a downloadable free of charge eBook.
Followed by a Professional account which will grant you access to your personal account manager, auto signaling, risk free trading that are useful for fresh traders and last but not least, CherryTrade’s one on one coaching sessions which will easily teach you how to make the most out of your money. For corporations they are offering custom made accounts.
As usual, CherryTrade offers deposit bonuses as well, for basic accounts the welcoming deposit bonus is 20%, that number goes up to 50% for professional accounts and the largest one being 100% for VIP accounts. There are custom bonuses for the corporate accounts too, you will have to contact them to assign you a bonus as it’s completely custom.
Another great feature, CherryTrade has developed free of charge applications for Android phones and they’re currently developing the one for iOS, this way you can enjoy all the benefits from the original website on your phones, on the go wherever you are, all you need is an internet connection, stay updated at all times.
CherryTrade has an extensive Academy created solely to teach their traders how to actually turn their money into profit, as we both traders and the brokerage benefit from it. Full length videos, a lot of free guides, downloadable eBook that both fresh and experienced traders will definitely learn from, you can never know enough, knowledge is the power, use their library to maximize your profits. They worked hard to make it for you, don’t throw it away.
Their customer support is one of the best I’ve seen. The response times are amazing, I used it twice and the response was within 24 hours, no matter how silly your problem might be, don’t hesitate and use the support, they’re reachable via phones, Skype or e-mail. Many ways to contact them, pick the one that suits you the most.
CherryTrade Review Result
While CherryTrade isn’t the oldest brokerage around, we’ve worked with them and we’re definitely encouraging you to go with it, they’re not scam and they won’t become one. Well designed platform, fast trades, over a hundred assets available to you, many different trading types, three account levels including the corporate one. 20% – 100% sign up bonuses and the full mobile support.