Overview

Cherry Trade is considered one of the fastest growing and reliable brokers in the industry. Cherry Trade is on top of the industry because of its amazing promotions and features… more

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Details

Broker Cherry Trade
Website URL https://www.cherrytrade.com
Headquarters 1A, Arcade House Temple Fortune, London NW11 7TL
Support Number +917 775 0324
Support Types Live Chat, Phone, Contact Form, E-mail
Minimum 1st Deposit $200
Minimum Trade Amount $5
Bonus 100%
Payout 88%
Free Demo Account Open Demo
Account Types Basic, Professional, Expert, VIP, Corporate
Deposit & Withdrawal Methods Credt/Debit Cards, Bank Wire
Number of Assets 100+
Trading Currency AUD, CAD, GBP, EUR, USD
Overall Score 9.4/10

Full Review

Cherry Trade is considered one of the fastest growing and reliable brokers in the industry. Cherry Trade is on top of the industry because of its amazing promotions and features regarding trading. In the brokers list, Cherry Trade stands as a professional binary options broker. Registering an account at Cherry Trade is easy.

 

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If you want to trade on this platform then you have to open an account. The Cherry Trade minimum deposit amount is $200. You can start trading by depositing this amount. You are provided with up to 100% welcome bonus when you register at Cherry Trade.

Cherry Trade Review

Being the most famous brand in the binary options industry, Cherry Trade has become one of the largest binary brokers in the world. There are different reviews over the web but focusing upon the best and authentic reviews, we come to know that Cherry Trade is one the best for trading and making good money.

All the brokerage firms have their own features and perspectives; same is the case with Cherry Trade. The Cherry Trade minimum deposit amount is $200 in order to register an account. This firm is offering three different levels of accounts.

The VIP customers are offered a starting bonus of 200%. The higher the deposits you make, the more there would be chances of winning.
The starter account is the best for users who want to test the platform. The variation of initial deposit amount for starter account ranges from $200 to $499. A 30% bonus is provided for the starter account.
The bronze account requires an initial deposit of $500-$99. The welcome bonus for this account level is 50%. It comes with some special features too.

The silver account requires a minimum deposit of $1000 to $4999. The bonus given at this level is 75%. For the Gold account, 100% bonus and the minimum deposit to be given to open this account is $1000.

Review Verdict: Cherry Trade is NOT a Scam

Visit Cherry Trade Website

Cherry Trade uses SpotOption software. This software is user friendly and consists of all the necessary features a trader requires. In short term options you can trade up to a maximum level of $500. The traders are monitored easily on the screen till they terminate a trade.

The trading log records can also be found by clicking my portfolio tab.

Cherry Trade Deposit Methods

credit-cards_2007247bTalking about the deposits and withdrawals, Cherry Trade is clear and simple. When we talk about depositing the amount, then you can use the credit/debit cards in order to process your transactions. Most of the time people use the wire transfer medium, but it’s slow.

You have to verify your Address, ID and the credit card number to use this facility. This is only done to overcome the incidents of money laundering and credit cards thefts. At the time of withdrawal, no fee is charged by the brokers, instead the bank charges some amount for providing their services.

Review Verdict: Cherry Trade is NOT a Scam

Visit Cherry Trade Website

Cherry Trade Minimum Deposit Amount

Almost all of the brokers are offering the facility of minimum initial deposits. Cherry Trade is also offering this, but it varies according to the level of accounts. The simple starter account requires $200, the bronze account level requires $500, and the silver model requires $1000.

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If you want to test the platform, you can start with the beginner account by depositing $200.

Bottom Line

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PROS:

  • Extensive Education Section
  • 100% Welcome Bonus
  • User Friendly Website

CONS:

  • Not Available for All Countries
  • Special Bonus Requirements
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