Important Notice: Tropical Trade will no longer operate with clients. New traders won’t be accepted since TropicalTrade is closing operations. If you are still interested in trading binary options, you can check my alternative binary broker recommendations.
Trading binary options online is a process that needs some requirements to be met in order for it to be successful and really profitable. From the viewpoint of my own trading experience, I can tell you that the most important thing for every online trader is to know what he is dealing with. That means that educating on the basics of binary options trading is absolutely necessary if you want to earn real income. Secondly, you have to choose what income-generating partner to choose as you can pick either an auto-trading system or a broker platform. However, in both cases you should beware of scams that are everywhere around us and deal only with really reliable and trustworthy partner.
So, today I am going to present to your attention one particular brokerage that really seems to be delivering amazing results to its users – Tropical Trade.
Broker Name: Tropical Trade
Official Website: TropicalTrade
Minimum Deposit: $250
Tropical Trade – Overview
So, imagine that you have entered Tropical Trade’s world. Here, it seems like trading binary options is fun, easy and extremely profitable! Especially, with having in mind the fact that this broker platform offers between 70-85% payout, as well as other options for trading where payouts can reach up to 1500%! Finally, the thing that impressed me most is the fact that the team behind this trading platform states the principle that when users are winning so the brokerage is!
Here is a list of some of the most attractive specifics, differing Tropical Trade from the other brokers:
- High profits without taxes required
- An user-friendly 100% web-based platform
- Training academy, a video library and E-books
- Over 150 tradable assets available
- Accurate and fast updates on assets’ movement in price
- Useful and correct trading signals to predict which trade is going to be profitable
- Professional customer support service
- No download needed
Finally, if anyone experiences some difficulties or has any questions, he can contact the team of Tropical Trade broker via email, phone or live chat.
Is TropicalTrade Broker A Scam Or Not?
Based on the performance this broker demonstrates, I can conclude that it is definitely legit and reliable binary options trading platform. There are some important facts that led me to this positive final verdict. First of all, the range of special features is amazing and it shows that the brokerage definitely is not a part of those random scams that just call themselves trading solutions but deliver nothing except losses. Additionally, the users’ testimonials are 100% positive and speak of strong and powerful performance of Tropical Trade on the market. Finally, I wasn’t able to find any negative feedback issued on the brokerage in the Internet space. Therefore, I strongly recommend it to you as a smart choice for earning profit system.
TropicalTrade – Trading Options
This binary broker platform provides a wide range of trading options for users with different preferences. Of course, they include the most popular and preferred assets’ trading variants that online trading binary options offers as a whole.
- High / Low – Here traders should predict the direction which is going to take the asset’s price. They have different expiration period to choose from.
- One Touch – In this trading type, traders should be able to set a price that the current asset’s movement to reach at least once before the expiration period to end.
- Range – You’ll be able to see the high and low prices that define the boundary (or tunnel) on a price chart and the goal here is, the asset’s movement to remain within this boundary when the trade ends.
- Hyper – the same situation as with the High/Low trading options. The sole difference here is that the expiration period is super short – something between 30 seconds and 5 minutes.
TropicalTrade and Account Types
The available account types Tropical Trade provides its users with are separated in 5 main categories. The BASIC account requires $200 initial investment amount and in return it gives to traders a 20% welcome bonus. The PRO account type gives 35% welcome bonus but the minimum deposit in order to open it is $2,500. The most selected account type is called GOLD and it offers 70% welcome bonus and general trading signals access. The initial amount needed for it is $6,500. The VIP account needs funding of over $50,000. In return it gives 5 risk-free trades and sends private trading signals to the members. Finally, the Corporate trading account requires $100,000 investment. The risk-free tradings here are already 10 and the personalized trading signals are also available here.
The Education Center of TropicalTrade
It seems like education is the key to success according to the team behind Tropical Trade brokerage. And according to me this is true especially in the field of binary options trading. Therefore, anybody can earn great profits with Tropical Trade. Still, there is Education Center that is mentioned for those who want to learn something extra about this financial filed and the dynamic changes that happen in it constantly. For example, here traders can get access to some many useful tools such as one-on-one training sessions with one of the brokerage’s successful and very profitable traders. There is also a Virtual library consisting of training videos and E-books that are guaranteed to help all traders – newcomers and veterans.
As you can see, the brokers I present to you on this binary options review platform are few in numbers. That is because I strive to show you the best of brokers in the binary options industry. I deem TropicalTrade legit and profitable, and a great choice for every trader out there. Your current location does not matter. If you decide to join TropicalTrade and invest in binary options through it, you will not make a mistake.
Review Verdict: Tropical Trade is No Longer Operating