TradeThunder Minimum Deposit Review

Trade Thunder claims to have the lowest minimum deposit. But is this really the truth? One of our expert traders opened account with their minimum deposit but Trade Thunder required more money to activate the account. This raised concerns and we started investigating Trade Thunder min deposit requirements to produce 100% unbiased review.

We have made a short review of Trade Thunder and found out that they do not rate highly in Google Trends and there is no significant data about them. (see the below graph according to Google Trends). As an alternative we have selected our Top Binary Brokers along with detailed reviews for safe and secure trading.

Since we haven’t gathered enough information about their REAL Minimum Deposit Requirements yet, we cannot confirm that Trade Thunder is safe to use with a low minimum deposit. You can Proceed to Lower Minimum Deposit Broker  OR Choose one of the Lower Minimum Deposit Brokers:

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Trade Thunder Review

Trade Thunder was launched in 2015. They are a brand new binary options broker that is operated by LGK Industries Ltd which is based in the UK. The reason we decided to review the broker is that we want traders to make the right choice when it comes to signing up with a broker.

We don’t want innocent traders to become victims of new online scams and this is why we take the initiate to investigate the broker and provide an in depth review of what they have to offer. After reading this review, you will learn the facts about Trade Thunder and you will also be able to know whether they can be trusted with your investment or not.

Is Trade Thunder A Scam Binary Options Broker?

There are many things we look at when deciding whether a particular broker is legit or not. One of them is its licenses. It is quite easy to trust a broker that is licensed and regulated. A licensed broker is one that operates while being in compliance with the laws of their regulatory authority.

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But, what about a broker who is not licensed? Trade Thunder is not a regulated broker. They don’t have a broker’s license from CySEC or a similar financial regulatory authority. There are also negative reviews about the broker online. They are very new in the market and this is the reason much cannot be said about them. All that we can say is that there are chances that Trade Thunder could be a scam. Therefore, we advise you to proceed with caution.

TradeThunder Trading Platform

Trade Thunder uses the Leverate BX8 trading platform. In fact they are the first broker to operate on this platform and this is the reason we are a bit skeptical about recommending them. We don’t know much about Leverate BX8, but according to the broker, it is an advanced trading platform that comes with a wide range of mainstream features that are offered by the most popular trading platforms in the industry. Since the broker is relatively new, we cannot trust their words because there is no evidence that this trading platform actually is the solution for advanced trading. Payouts can range from 70-90% but this depends on the assets. The broker doesn’t offer a wide selection of assets. They have only about 50 assets that traders can choose from.

Account Types and Bonuses at Trade Thunder

There are 4 types of accounts available for traders to choose from. The minimum deposit requirement for the basic level account is $20. Much information about the types of accounts has not been provided and this raises questions about the transparency of the broker. Welcome bonuses are offered but this places restrictions on trader’s ability to withdraw their earnings. A certain number of trades must be performed to make withdrawals. Traders must be aware of the withdrawal policy of the broker before signing up as lack of knowledge can create confusion and hassle.


Deposit and Withdrawal Methods

Only a limited number of options are available when it comes to deposits and withdrawals. The methods that are offered include Mastercard, Visa and wire transfer. After you submit a request for withdrawal, it may take up to 3 business days for the request to be processed. You may also have to pay fees depending on the method you have opted for.

Customer Support Information

Customer support service is offered 6 days a week. They are available via telephone and live chat. However, their live chat service does not work all the time and at times there is a long waiting period before you get help from a representative. Traders have a lot of complaints about their support service before they don’t get their issues resolved in a timely manner. So the bottom line is that the customer support staff at Trade Thunder is not efficient.

After making detailed investigation Our team came to the conclusion that the Min Deposit Terms of Trade Thunder are not reliable. We recommend You to Proceed To Lower Minimum Deposit Broker and Avoid Problems by Choosing a High Rated and Trusted Brokers on BinaryMinimumDeposit.com.

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