Demo Trading and Trader Education
Despite not offering traders a demo account to practice their strategies, 23Traders’ extensive range of free educational materials ensures that the broker has stayed ahead of most other brokers when it comes to helping traders become successful. The education center has a large collection of resources that include videos, eBooks, webinars, market news, an economic calendar, trading reviews and educational articles. In addition, the broker offers a comprehensive FAQs section which covers vital topics on the trading platform and on trading with 23Traders.
One of the most attractive things about the binary options trade is the ability to access a large number of global markets and to trade in a variety of assets. The broker features more than 200 different assets, including, stocks, CFDs, currencies, commodities and indices. What is unique about the broker is that traders can also predict the movement of the most popular crypto-currency in the world, Bitcoin.
One aspect that can make or break a broker is the banking options offered. This is because traders need to be sure that their deposits and the money in their trading accounts have been secured and can be easily accessed. To this end, 23Traders has implemented SSL encryption certified by Verisign to ensure all data transferred on their platform cannot be intercepted by third parties.
23Traders provides professional and responsive support to all their traders, 24 hours a day, 7 days a week. According to various online 23Traders reviews, the support team at this broker is friendly and experienced in online trading and binary options and as a result, they are able to quickly resolve any queries. To top it off, traders can also make contact with a 23Traders personal instructor in order to get assistance with their trading and strategies. The available support options include several international phone numbers and an on-page live chat as well as email.
23Traders is an innovative broker that offers its traders the latest version of the popular SpotOption trading software. With a large number of assets and trade types to choose from, as well as excellent customer support, a 23Traders personal instructor and free educational materials, new traders stand a great chance to be successful in the world
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.
23Traders is a popular binary options broker which operates in St. Vincent and the Grenadine under its parent company, Hermes Ventures Limited. The broker is regulated with the VFSC (Vanuatu International Financial Services Commission) under license number 14536, giving traders peace of mind that they are trading with a broker that strictly follows the regulations as laid out by the regulatory body.
According to 23Traders, the broker’s name is derived from the fact that they apparently brought together 23 trading experts to brainstorm and to come up with the ideal feature and services-set that they would like to see on a binary options trading platform. The end result is a top-notch broker that offers all the relevant tools, services and features which enable both new and experienced traders to master binary options trading.
Any review on a broker will focus on the trading platform and this 23Traders reviews is no different. As a core component of successful trading, 23Traders offers its traders an intuitive platform that is easy to use and to navigate. The 23Traders broker is powered by the white-label second generation of the popular SpotOption platform. The software is one of the newest binary options trading platforms developed by SpotOption. The trading software developer has added a variety of improvements to this particular version, with a key feature being the inclusion of improved trading charts featuring candlesticks.
Other features found on the trading platform are effective risk management tools including Sell, Rollover and Double Up. These tools enable a trader to reduce the risk of trading while securing the rewards. Each trade option on the platform also has a Trader Choice gauge which provides some insight into investor sentiment. The broker also offers a mobile trading platform which is an excellent feature for traders who enjoy trading while on the go. The trading app can be downloaded for free from the Apple App store or Google Play.
Sometime in 2012, 23 experienced traders met and echoed the sentiments and desires of financial market traders the world over. The result was the creation of the ultimate forex and binary options online trading environment, 23Traders broker, which offered global clients an all-inclusive trading experience. At 23Traders, traders can trade a wide range of financial assets in a variety of lucrative methods and at their own convenience. In addition to offering traders one of the most comprehensive educational libraries in the industry and various effective tools that will enhance their entire trading activity, this broker also offers outstanding customer support. Backed and managed by experienced professionals in the online financial markets, it is easy to see why many 23Traders reviews only have good words about this top quality broker.
In their understanding that no two traders are the same, 23Traders allows traders to choose their preferred account package. There are six account types from the Basic to Elite level and each is tailored to offer a variety of benefits and services. The minimum deposit requirement is $250 on the Basic account and on the Elite account, it is $100,000. All account holders have access to all their educational videos and eBooks, professional chart and portfolio display analysis as well as customer support, around the clock. From the Bronze level onwards, traders receive a matchup bonus of between 10-100% on their initial deposits. The minimum investment amount is $5 while the maximum on the Elite level is $20,000 and all traders can enjoy returns of 78-91% per trade. An Islamic trading account is also available which conforms strictly to Sharia law.
23Traders option trading allows traders to place binary trades on almost all types of financial assets. Commodities such as gold and silver, stocks such as Apple and Microsoft, indices such as DAX and the S&P 500 as well as currencies such as EURUSD, USDJPY and even Bitcoin, are all available for trading. There are a variety of contract types from the standard Call/Put options, long term and speed options to One Touch, Pairs and Ladder options that widen the profitability scope of traders.
The 23Traders FX trading section also enables traders to participate in the biggest financial market in the world by trading currencies and CFDs with ease and convenience as well as without the stress of commissions, spreads and slippages associated with standard forex brokerages. In addition, 23Traders FX trading comes with defined risk and reward and there is no volatility risk at all. No matter if a trader selects the 23Traders option trading or the 23Traders FX trading, all have first class access to a responsive customer support team and trading tools.