Tropical Trade is a brand new and young broker among many online available brokers providing platforms for online trading on the market. The company was launched just several months ago, and it has already gained popularity due to many convenient conditions it offers and comfortable, but highly professional way of working.
The trading platform is completely web-based, no additional downloads and no hidden fees and charges.
As any other binary options trading platform, Tropical Trade is based on few simple steps. First, you have to be clear with yourself what assets you are interested in. The broker offers over two hundred various commodities, indices or stocks to choose from. After choosing an asset you want to invest in, you place the trade according to your predictions. Apply “Call” when you expect prices of the chosen asset to rise during expiry period and apply “Put” if you expect it to decline. Enter the desired investing amount of money and choose expiry period.
The interface is rather simplified and easy to use. All necessary categories are listed systematically, so you can easily follow current market prices, remaining time till your period expires and all the changes on the market in the real time.
Tropical Trade requires 5 dollars as the minimum investment per trade, and 250 dollars is minimum deposit when entering broker’s account. Expiry period can be customized, and they vary from 60 seconds to several months.
What interests most of the new potential clients are returning rates. Tropical Trade usually offers between 70% and 85% payouts, but in some cases, the returning rate can decline to 60%. On the other hand, there are methods of trading that include returning rates as high as 1500%.
Tropical Trade currently doesn’t support automated trading and binary options robots, but since they are quite young broker company, it is planned to be integrated in the future. In the meantime, they offer highly precise signal generation and intense monitoring of multiple markets, so no potentially winning opportunity will pass under the radar. Also, they are highly professional when it comes to respecting deadlines. You will not wait for payouts more that few days.
They are dedicated to customer services, offering professional help, advice and educational material in the form of organized courses and classes available to everyone.
All in all, the pretty good choice for the binary options broker, especially if you are a beginner and need a reliable ally in your attempts to profit on the market.