Famous for owing one of the most stylish and well designed trading platforms in the field, Cherry Trade has managed to attract a large deal of attention within a very short time in the binary options trading community.This broker offers training modules of the highest quality because it concentrates onproviding quality education to its traders. It also hires a lot of experts in market analysis or commodities, currencies, risk management and trading psychology to train its clients. Besides education, user interface is another matter that Cherry Trade puts a lot of effort in. The broker’s website is carefully designed in such a Cherry Trade reviewway that it can maintain a sleek look and great functionality at the same time. Cherry Trade’s website is famous for not only its look and great features but also for its unique page dedicated to ‘Binary Options News,’ which only few other brokers have. As a result, new traders can find the broker’s website particularly helpful. Cherry Trade also offers one of the best payouts in the industry, which are as high as 81% for regular binary options and 1,500% for ladder options
At Cherry Trade, traders are offered five types of account, each of which has its own distinctive features and benefits. Traders can open their account at Cherry Trade via a simple 5-step process provided by the broker. First, a new trader will visit the ‘Open an Account’ page, which can be found easily on the homepage of the website. On visiting the page, the trader will be required to input the details, which include his e-mail address. Then, a verification mail will be sent to the address. The trader can start trading as soon as he verifies the e-mail address. If traders wish to make deposit or withdrawals, they have to submit documents to Cherry Trade, which include a government issued photo ID (such as driving license) and a proof of address (such as utility bills). For traders who use credit cards, a copy of the front and back of the card, with the first 12 digits and CVV number covered, is also required. Traders only have to submit these documents once. After the submission, and after the team at Cherry Trade has verified the documents, traders can begin trading with real money on the platform.