TradeRush Review – Binary Options Broker

TradeRush binary broker reviewTradeRush is one of the newer binary options brokers to enter the market space.

There fresh and new approach offers a great all round package with some unique features that both new and experienced traders can profit from.

Quick Summary Of TradeRush

Website www.traderush.com
Telephone UK (Toll Free) 0808 189 1458, US (Toll Free) 1800 986 6318
Minimum opening deposit 200 USD
Minimum Trade Amount $25 ($10 on 60 second options)
Options Profitability 65- 81%
Option refund 0-10%
Option Types Available Up/Down, One Touch, 60 second
Markets Available Forex, Indices, Stocks, Commodities
Binary Options Trading Platform SpotOption Platform
Account Holding Deposit USD, EUR
US Traders Allowed Yes


Key Features

A large range of assets are available to trade with TradeRush. These cover the major indices, currency pairs and also a selection of major international stocks.

Of particular note is the selection of commodities on offer. Trading on these markets has grown in popularity in recent years and you will be well catered for here.  As well as the usual gold, silver and oil, you will also be able to trade many ‘soft’ commodities including Cotton, Wheat, Sugar, Corn and Coffee.

Options payouts are at the upper level offered by Binary Options brokers with up to 81% for many contracts. ‘Double Up’ and ‘Rollover’ features are on offer.

The ‘double up’ lets you double your exposure on an existing option over a new expiry time, while with the ’Rollover’ you can postpone the expiry time if it looks likely you will finish out of the money. This extension can give you a second chance to close ‘in the money’.

Rebates are on offer for some options that finish  ’out of the money’.  Credit backs vary but will be between 0-10% of the stake depending on the option that was purchased.

Options Types Offered

High/ Low Options

As expected the standard Higher/ Lower (Call/Put) option is offered by the broker. The wide range of asset classes and good pricing makes these attractive.

One Touch

A range of One Touch options are available which can be placed for weekly expiries.

Option Builder

A very nice feature where you can build your own option by setting your own expiry time and strike rates.

60 Second Options
The 60 second option trading is what TradeRush is about and it is as good as it sounds! You can make up to an 81% return from these very short term 60 second trades.

These options are particularly attractive as you will only need to be 1 tick in the money at expiry in order to bank yourself these high returns.

Account Types

Trading accounts with Traderush can be held in either USD or EUR, with a minimum deposit requirement of either USD200 or EUR200.

Deposits Methods

The usual range of account funding options are on offer including Credit/Debit Cards (Visa, Mastercard and Maestro, Amex, Diners), Bank Wire transfer and CashU.

Withdrawals

Initially withdrawals are made back to the card you deposited from. Subsequent requests are completed by Bank Wire. Your first withdrawal each month is free with additional requests being charged a $25 processing fee.

The minimum amount per withdrawal  is 200 units of your account deposit or $500 by wire transfer.

Customer Support

Support is provided by either email, online chat or phone and is generally quick and responsive. A particularly nice feature is the provision of toll free phone numbers for traders calling from the US, UK or Canada.

Pros

  • The range of tradable options types (Above/Below and One Touch) in particular the fast 60 second option expiries
  • Solid payouts of up to 81% (175% for 60 second options) and a reliable choice of trading platform

Cons

  • Accounts can only be opened in USD or EUR (no GBP)
  • Support is only offered in English which may prove a barrier for some traders

More Information About TradeRush

TradeRush Broker Review Information

TradeRush Asset Index
INDICIES CURRENCIES COMMODITIES STOCKS
FTSE100 EUR/USD Gold Barclays
DAX GBP/USD Silver Amazon
Dow Jones USD/JPY Platinum Turkcell
NASDAQ USD/CAD Oil Tata Motors
ISE 30 EUR/JPY Cotton Reuters
MICEX 10 EUR/GBP Wheat BAE Systems
MSM 30 USD/TRY Sugar Rolls Royce
TADWUL USD/BRL Corn HSBC
EGX 30 USD/RUB Coffee Coca Cola
QATAR USD/EGP Sberbank
DUBAI AUD/USD Lukoil
KUWAIT USD/SGD Google
BOMBAY SE USD/ZAR BP
HANGSENG Gazprom
SSE 180 Nike
NASDAQ FUTURE Apple
S&P FUTURE Microsoft
STRAITS TIMES Citigroup
KL FUTURE
ASX

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