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  Cedar Finance Review
  Cedar Finance is a binary option broker that so far has concentrated on the U.S. market, but now is also available in German. Our experiences:
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Cedar Finance is a binary option broker based in Nicosia, Cyprus, that is regulated by the Cypriot CySEC and offers its services within Europe in accordance with EU financial market guidelines. The platform in English (focussed so far on U.S. business), German and French is fully web based and can be globally accessed without the need for software downloads, and support is provided by international trading experts. As is appropriate for trading in binary options, Cedar Finance’s trading platform has been intuitively designed in order to provide the simple trading tool of digital options within a simple interface.

Pfeil grün Trading Tools at Cedar Finance

Binary option trading can be conducted within the Forex area or with indices, shares and commodities. There are probably around 50 to 60 tradable assets. The exact number could not be determined because the platform – at least at the time of this review – did not grant access to individual asset classes any longer after the automatic Google translation. It is conspicuous that items belonging to different categories like indices, commodities, currencies and shares appear out of sequence across their categories, meaning that a currency pairing is followed by a commodity and so forth. This looks unprofessional and unconvincing, clearly a minus score for the broker. If a trader is not bothered by this (after all it is more of a cosmetic issue) he could get quite excited about the, from a central European view, exotic assets that are not commonly available with other brokers, such as the Bombay SE (SENSEX) or the Kuwait SE General Index, that we had always wanted to trade. The platform on offer is Webtrader for binary options, which enables the following trading types:

Call/put or up/down:
The trader predicts a rise or fall in rates. If correct within the option’s term he earns a return of up to 81 percent of commitment. Unusual option expiration times are here on offer, for instance end points are defined as today at 11.00h, 12.00h und 21.00h and tomorrow at 18.10h. Additionally the last day of this or following months at 18.10h can be selected. Presumably this is a way of offering hourly, daily, (weekly?) and monthly terms.
One touch:
The trader decides with this option if the rate will hit a certain price limit at least once. If this turns out to be correct he earns a return of up to 500 percent. These so called high yields are offered for options that are very difficult to predict; who can tell if the rate threshold will be touched just once. These are speculations on high volatility, with the rates subsequently returning to the initial range. From the viewpoint of experienced traders this may represent characteristics of a lottery, to a binary option trader it can be seen as “might as well try some time” (with low commitment).
60 seconds trading:
This offers very short term speculation on call/put options, returns lie around 79 to 80 percent. Younger traders are advised to try this tool if the market appears to indicate imminent movement one way or another. This momentum could well last for the coming minute in which case a gain of 70 percent can be realized.
Options Builder:
Customers at Cedar Finance can choose to create their own binary options by determining rate limits and terms for themselves. The broker (or his automated tool) shows what return can be expected for this option. Experienced traders will prefer this tool as it bears some similarity to classic speculation.

Regular returns lie at 68 to 81 percent. High yield one touch options allow for very high returns (up to 500%), and the Options Builder can arrive at lower returns at lower risks as well. Refunds in cases of loss are also available at Cedar Finance, on failed options the broker will return between 5 and 10 percent of commitment. Traders should keep in mind that broker generated rules for binary options do not necessarily facilitate speculation. On the other hand even brokers have no lock on correct speculation, even though they are usually better informed than private traders.



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Cedar Finance Trading Room

Pfeil grün Customer service, banking & bonus at Cedar Finance

To open an account traders make a minimum deposit of €200, US$200 or £200, an upper limit only exists for credit card payments (€10,000), otherwise the account can be capitalized without limit. Trading fees do not apply and deposits and payouts are cost free except for the fees charged by the customer’s own bank or credit card provider. Payment methods include credit and debit cards (Visa, MasterCard, Delta, Diners, Maestro, Visa Electron, Solo und Maestro UK), furthermore Moneybookers, Nordea (Sweden, Finland), iDEAL (for Dutch customers), bank transfer and CashU (preferred by customers from North Africa and the Middle East). Demo accounts are not available, however the web interface allows for good orientation even for unregistered users.

Customer service and the educational services are well designed, a continuous ticker showing live news about financial markets is available, in addition customers can communicate with a personal account manager via live chat, email and telephone. This obviously does not depend on account capitalization, however the bonuses do, whose values are not immediately discernible but can amount to up to US$5,000. Normally such bonuses are paid on completed trade volume, which indicates that the US$5,000 may refer to an account capitalization of US$10,000. A guided tour, one-on-one trading, and seminars are also available.

Pfeil grün Verdict on Cedar Finance

The broker offers a well developed and intelligible platform, and trading conditions are eminently fair. The initial confusion about the asset sequence is an excusable mistake. Returns and refund in cases of loss lie within the mid range of binary option brokers; the options builder appears comparatively quite convenient and most of all designed for fairness. The broker can be thoroughly recommended if traders can accept certain small ambiguities (including for example the missing explanation of the precise bonus conditions).



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Pfeil grün Cedar Finance Website Preview:
 

Cedar Finance Rating
Overall: Stern Bewertung 1 SternStern Bewertung 1 SternStern Bewertung 1 SternStern Bewertung 1 SternStern Bewertung - halber Stern
Stocks: Stern Bewertung 1 SternStern Bewertung 1 SternStern Bewertung 1 SternStern Bewertung 1 Stern1 Stern Bewertung - halber Stern
Indices: Stern Bewertung 1 SternStern Bewertung 1 SternStern Bewertung 1 SternStern Bewertung 1 SternStern Bewertung 1 Stern
Currencies: Stern Bewertung 1 SternStern Bewertung 1 SternStern Bewertung 1 SternStern Bewertung 1 Stern1 Stern Bewertung - halber Stern
Commodities: Stern Bewertung 1 SternStern Bewertung 1 SternStern Bewertung 1 SternStern Bewertung 1 Stern1 Stern Bewertung - halber Stern
Trading Software: Stern Bewertung 1 SternStern Bewertung 1 SternStern Bewertung 1 SternStern Bewertung 1 Stern1 Stern Bewertung - halber Stern
Bonus: Stern Bewertung 1 SternStern Bewertung 1 SternStern Bewertung 1 SternStern Bewertung 1 Stern1 Stern Bewertung - halber Stern
Website: Stern Bewertung 1 SternStern Bewertung 1 SternStern Bewertung 1 SternStern Bewertung 1 SternStern Bewertung 1 Stern
Mobile: Mobile für iphone mobile für Android etc. not yet available!
Languages Englisch Language German Language French
► Trade now at Cedar Finance ◄

Cedar Finance Informations
Website http://www.CedarFinance.com
Asset Index at Cedar Finance
Currencies 15
Commodities 9
Indices 27
Stocks 32
Trading Information on Cedar Finance
Return up to 83%
High Yield Return up to 500%
Loss Coverage up to 15%
Min. Investment $/€ 24
Max. Investment $/€ 6.000
Option Types High/Low, 1 Touch, 60 Sec, OP B.
Expiry Times 60 Sec, 15, 30, 60 Min., 24 h
Cedar Finance Infos
Demo Account no
Webtrader Software yes
Mobile Trading no
Bonus für Neukunden 100% up to €/$ 5.000 (40x Rollov)
Min. Deposit $/€ 200,-
Support at Cedar Finance
Working Hours: 24/7
Phone Intl. +44 560 370 4113
Fax n/a
Support e-Mail support@cedarfinance.com
Live Chat yes
Adresse T.B.S.F. BEST STRATEGY FINANCE LIMITED
26, Chytron Street
Office number 21,
1075 Nicosia, Cyprus
► Trade now at Cedar Finance ◄

Cedar Finance Payment Options
Visa
Visa
Überweisung
Wire Transfer
Mastercard
Mastercard
Skrill Moneybookers
Skrill Moneybookers
► Trade now at Cedar Finance ◄
   
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