Home Brokers Guides Demo
OptionMaxx Header
  You are here: Home Brokers traderXP Review 2015
 

  traderXP Review
  TraderXP is an established broker for binary options, distinguished by number of functions. Our experiences in the test phase.
TraderXP Logo

TraderXP is a platform for binary options that has existed since 2009, and pays an average 75 percent profit. The web interface is very clear and user-friendly, which stands strong in comparison with other binary options brokers.

► Trade now at traderXP ◄
Pfeil grün Trading Tools at traderXP

TraderXP offers a complete range of binary options from a single source, which is not necessarily the case with other brokers. An Option Builder for creating your own binary options is included as well as a Double Up function (profit when double tapping a price limit) or the One Touch trading. Of course, there are also the classic Call/Put and Range functions. An account can be opened with $200. The lowest trade is $25, the highest $1500.

The list of tradable assets is comparably good with 82 values but is not critical to success. This has already been commented on elsewhere: traders who simultaneously trade a dozen values ​​are already among the top class. Most private traders limit themselves to two to four values and many trade two to three currency pairs for years only on the Dax or in the forex sector (and generate nice profits with these). Of course a broker advertises with the list of its assets and individual values​​, but this truly plays the smallest role. Therefore, in broker reviews, the assets should be mentioned in terms of their number and type, but the editors point out that they consider the scope of the traded values as less than essential. TraderXP selects the tradable values ​​on the major world markets, which means that the share trading hours – for example for Apple or Google - do not have to coincide with the German market hours.
In addition, some markets such as commodities and currencies are always open, namely to midnight on Fridays and starting at 12:00 am on Mondays. The ability to trade these is one of the great advantages of most binary options brokers. Most of the traditional German brokers close the trade at the latest on weekdays at 10:00 pm and open direct trade between trader and issuer at 08:00 am at the earliest on weekdays. This is a constant source of annoyance in the conventional trade sector, because currencies or commodities naturally undergo a lively trade that provides a number of signals before the opening of the German stock exchange. The classic CFDs and Knock-outs or option warrants from German issuers, however, are best traded on weekdays from 08:00 am to 10:00 pm, and exchange stops (stop losses as a key feature) are possible only from 09:00 am to 8:00 pm. This alone could be a reason for experienced traders to give binary options a try. In its Asset Index, TraderXP indicates which values can be traded and when.

The assets on TraderXP are important stocks such as Apple, Coca-Cola, Google, Microsoft, Rolls Royce, BAE Systems, Sberbank, GAZPROM, Nike, HSBC Holdings, Tata Motors, France Telecom, Reuters, TESCO, Amazon, Fiat and Hitachi, to name only a few among the represented who's who. Fifteen currency pairs include the major currencies such as euro/dollar, cable (USD/British pound), and the Australian dollar against other currencies including, of course, the Japanese yen and the Egyptian pound – an exotic currency in the forex sector and certainly an interesting one since 2012 - and, for example, the Turkish lira. Among the commodities, the precious metals gold, platinum and silver can be traded and oil, wheat and coffee are included as well. TraderXP describes assets or individual values ​​in brief for investors. Last but not least, the major indices DAX, Dow Jones, S&P, Ibex, CAC or NIFTY can be traded.

Between 65 to 75 percent profit is paid. In the case of loss, TraderXP pays between 0-10 percent. As a bonus program TraderXP offers one-thirtieth of the trading volume, in which case – as with other brokers as well – the minimum turnover of the initial $200 deposit must be assumed.

In addition, TraderXP recently added Pair Trading to its program. Pairs are trades of two values ​​of the same class against each other, for example shares. A kind of head-to-head race, and very exciting.



traderXP testen

traderXP Trading Desk

Pfeil grün Trading platform and security at traderXP

The graphical structure of the web interface speaks for itself; the newcomer will feel comfortable immediately with the intuitive operation on TraderXP. The current price, the term and the payout ratio is provided by the broker in such a way that the data is recognized at a glance. An overview also shows the previous Call and Put purchases. Course information that is usually obtained from Reuters is clearly available for the trader.

Analysis functions are only partially available, which is the case with almost all binary options brokers, and no wonder, because it is ultimately a matter of focusing on a one-time, binary-defined event and not the extensive chart analyses. Traders who still want to undertake this use either the charts on TraderXP or external tools from other providers that are offered on various stock sites for free and without registration. For people who want to involve themselves with binary options for the first time in the derivatives trade or principally in the stock trade, it should be noted at this point that the lack of analysis tools and even delayed price determination for all discount brokers have become the norm. Only some forex brokers who have expert advisors such as Metatrader in the program offer both the corresponding analytical techniques with the inclusion of indicators in the charts.

So far, however, TraderXP offers no app for mobile trading with the iPhone or Android and some traders will surely miss this very much.

Pfeil grün Customer service, banking & bonus at traderXP

The support of the broker which is registered in Cyprus but based in the British Virgin Islands is available in several languages, including German. The contact details for the services can be found in the right column of this page. A German phone number is available.

TraderXP is one of the brokers on the market offering the most payment options. Deposits and withdrawals can be made free of charge in different ways. In addition to the classic credit and debit cards, multiple e-wallets such as Moneybookers, Neteller and even Paypal are available at TraderXP. Bookings against "instant" chargebacks usually take up to 48 hours depending on the payment method. Wallets are faster.

Depending on the offer and the account, TraderXP pays a bonus of up to 50% on the first deposit. In addition, bonuses for existing customers are awarded when subsequent purchases are made. Excellent customers can participate in a kind of VIP program and receive additional services.

Pfeil grün Verdict on traderXP

A clear and apparently very customer-friendly broker which can be very useful to newcomers. However, the lack of mobile trading opportunities should not be underestimated. This must be kept in mind, as the editors consider this option to be highly decisive in binary options.



traderXP testen

Pfeil grün traderXP Website Preview:

traderXP 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 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 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. Stern Bewertung 1 SternStern Bewertung 1 SternStern Bewertung 1 SternStern Bewertung 1 Stern1 Stern Bewertung - halber Stern
Languages (16), i.e. Englisch Language German Language Spanisch Italian French Português Русский
► Trade now at traderXP ◄

traderXP Informations
Website http://www.traderXP.com
Asset Index at traderXP
Currencies 15
Commodities 7
Indices 27
Stocks 33
Trading Information on traderXP
Return up to 75%
High Yield Return up to 500%
Loss Coverage up to 10%
Min. Investment $/€ 25
Option Types High/Low, Above/Below, One Touch, Boundary, 60 Seconds
Expiry Times 60 Sec, 2, 5, 15, 60 Min, 24h
traderXP Infos
Demo Account no
Webtrader Software yes
Mobile Trading no
Bonus up to 50% for new customers
Min. Deposit $/€ 200,-
Support at traderXP
Working Hours: 24/7
Phone Intl. Int: +359-2-4917597
Fax +1-646-224-9750
Support e-Mail CustomerCare@TraderXP.com
Live Chat yes
Adresse TradeXP LTD
Alexandrou Business Centre
Omirou 76, Limassol 3096
Cyprus
► Trade now at traderXP ◄

traderXP Payment Options
Visa
Visa
Überweisung
Wire Transfer
Mastercard
Mastercard
Skrill Moneybookers
Skrill Moneybookers
► Trade now at traderXP ◄
   
© Copyright 2012-2017 by OptionMaxx.com. All Rights Reserved.
        NL