23Traders was established in 2013 by Hermes Ventures Limited and is regulated by the VFSC (Vanuatu International Financial Services Commission) under the license number 14536. This regulation gives traders peace of mind that they are trading with a company that strictly abides by the rules as laid out by the regulatory body.
According to the founders of the firm, 23Traders was started when they brought together 23 experienced binary options traders in a boardroom to offer their opinion on what their ideal brokerage firm should be like. If nothing else, most 23Traders reviews and market experts agree that it is definitely a novel method of generating a business idea. As a result, they were able to create a brokerage which provides traders with everything they need in order to trade accurately and effectively.
A binary options broker review always focuses on the trading platform as this is the core of online trading. This 23Traders review is no different and when it comes to trading platforms, 23Traders will not disappoint. The broker runs their business on the SpotOption platform, the world’s most popular online binary options trading software. As a mature and stable platform developed over several years, SpotOption offers traders several different trade option that they can choose from. Some of these are the 23Traders Pair trading, High/Low options, One Touch, Speed Trading which includes 60 Seconds trading, Ladder and Long Term options. One of the many benefits of trading the 23Traders Pair trading option is that it allows traders to trade one asset against another in order to predict which asset will perform better in percentage within a selected expiry time.
There is also a mobile option of the platform available for traders who prefer the convenience of trading while on the go. The app is downloadable from the Apple App Store or on Google Play for Android devices. No matter if you prefer trading forex, or your experience lies in long term options or the 23Traders Pair trading, everything can be traded from one platform, either the desktop or mobile version. In addition, should a trader require assistance with the trading platform, a 23Traders personal instructor is always available to answer any questions and to provide one-on-one training.