What Makes Tradorax Different?
The customer service side of things is what makes Tradorax different from every other binary options broker on the web. They offer 1-on-1 training sessions if you wish to take advantage of them, and are always willing to help answer your questions, even what might seem like the simplest of things. They have stated on their site that their goal is to make your trading experience as simple and intuitive as possible, and because trading can often be a quite complex undertaking, this is a great benefit to you.
One of the unique features of Tradorax is that they have a 2-in-1 trading platform. You can trade binary options here, or you can trade Forex assets. This is a great tool for experienced Forex traders looking to branch out, or binary options traders that specialize in currencies. And because it is 100 percent web based, you won’t have to keep signing in and out of different accounts to change formats. Only advanced traders should attempt switching between the two, but if you have a background in currency trading, this is a strong feature to have in your broker.
Tradorax also has welcome bonuses ranging from 50 to 200 percent of what you deposit. This is a great thing, but shouldn’t be your primary motivator in signing up with them. If you do sign up, this extra bonus is nice, but remember that you need to unlock it before you can withdraw it.
They do have a few other unique features. Their average trade has a rate of return far higher than the industry average—up to 85 percent. They also allow you to end certain trades early if you wish, although there are tight guidelines for this. You can end a trade at a partial loss or a partial profit, depending upon whether you are currently in the money or out.
Let’s not forget the Demo Account. It takes practice to become a winning trader. Using the Tradorax demo account, you’ll find yourself way ahead when you actually use real money. This will save you in the long run and you should always consider using one no matter which broker you use.