Tudor Trade Broker Review | Overview
Tudor Trade is another newcomer to the world of binary brokers. They are established in 2016 but have gained a lot of customers since then. While interest for their services is growing among traders we felt compelled to review their offer and test their services ourselves. Now we bring you Tudor Trade broker review.
The company is based in United Kingdom but receives English speaking traders from around the world. Main feature of their offer that sets them apart from other brokers is their customer service. Why is it special? It consists of agents who are or have been traders themselves. It seems to be smart move, because we have found them completely understanding our needs. Every query from our side was resolved in very short time and it was to our satisfaction every time.
As always in Options Reviews we look into key characteristics of every broker’s offer. Check what we found about Tudor Trade:
Regulated or Non-Regulated Broker: Not regulated, based in United Kingdom
Maximum Returns: up to 90%
Minimum Deposit: 250$
Transparency with Pricing and Payout: Withdrawal is done in 2 business days
Banking Options (Cards, eWallets&Wires): Credit card and wire transfer
Range of Assets Available for Trading: over 220 assets
Software Platform: Finantick
Customer Service: 24 hours a day, 5 days a week.
Best Trading Features: Trading bonus can be up to even 150%
Excluded Countries: All non-English speaking countries
Binary Brokers Bonuses: Up to 150%, *bonus terms and conditions apply
Supported Currencies: USD, GBP, EUR, CYN, JPY, CAN, AUD, RUB, CHF.
Tudor Trade Broker Review | Introduction
Tudor Trade is owned by Global Instruments Ltd. Which is registered at Seychelles. Tudor Trade has office in London and New York, where traders can reach them by phone. They offer wide variety of assets for trade. This includes currency pairs, indices, stocks and many commodities such as oil or gold. Currently they are offering their services to traders from English-speaking countries. Demo trading accounts are available depending on the type of user account.
They offer most popular types of trade: one touch, turbo trading and long term trading. Most interesting feature of their offer is the high bonus that they give to the traders. It can be even up to 150% depending on the size of the initial deposit. They themselves stress out the importance of customer service, so they only employ people who traded or currently trade binary options. This way the ensure their customer service has superior knowledge about binary options and are aware of all issues traders can run into while trading.
Tudor Trade Broker Review | Account Types
Tudor trade offers four different account types for traders. This gives traders an option how much they wish to invest in trading. Of course account types also dictate how much privilege traders get from the broker. Account type trader gets depends about size of initial deposit. Name of accounts are: Introduction, Traders’, FX Traders’ and Pro Traders’. Each of them has minimum required deposit amount and their benefits. You can see them below.
- Minimum required deposit is 250$
- Bonus up to 50%
- Demo account with 100$
- 1 risk free trade of 25$
- Minimum required deposit is 500$
- Bonus up to 75%
- Demo account with 300$
- 4 Risk free trades of 25$
- Minimum required deposit is 5.000$
- Bonus up to 100%
- Demo account with 2.000$
- 5 Risk free trades of 250$
- Volume insurance of funds of 40% of invested capital
- 1.4% guaranteed monthly interest
- Weekly money management consultant meetings
- Minimum required deposit is 15.000$
- Bonus up to 150%
- 5 Risk free trades of 750$
- Volume insurance of funds of 55% of invested capital
- 1.8% guaranteed monthly interest
- On demand personal money management services
Tudor Trade Broker Review | Bonus
Bonus is one of most important factors considered when traders are choosing a new broker. Every broker offer bonus to new traders usually depending on the size of their initial deposit. What is special about Tudor Trade is that they offer even up to 150% bonus. This is the highest bonus we have seen on the market. It is only applicable to highest deposits, but still we are talking about exceptionally high bonus.
Why is bonus important? Well first of all it is a great encouragement to get up to 150% of your deposit as new money on your account. Secondly this money you got for free can give you great learning experience this money can help you test your skills as a trader. You can use your bonus to make large number of trades that can help you gain experience and confidence necessary for trading with real money.
Tudor Trade Broker Review | Assets and Types of Trading
Tudor Trade uses widely known and very user-friendly platform from provider Finantic. This platform enables traders to trade more than 220 different assets. These assets are mostly popular Indices (FTSE, AEX, DOW JONES), Stocks (APPLE, FACEBOOK, GOOGLE), Currencies (EUR/USD, USD/GPB, USD/JPY) and Commodities (GOLD, PLATINUM, SILVER, OIL).
Tudor Trade offers most popular types of trading such as turbo trading, one touch and long term trading. They all have different expiry periods. Turbo has very short expiry periods, while long term can have expiry period measured in months.
Turbo: 30, 60, 90, 120, 180 seconds, 5, 10, 15, 30 and 60 minutes.
Long term: Daily, Weekly, Monthly, 2 months, 3 months up to 6 months.
Tudor Trade Broker Review | Deposits and Withdrawals
Finantic platform enables traders to make deposits and withdrawals very easy. You can make withdrawal in just few clicks. Your earnings can be withdrawn quickly on your credit card or your bank account via wire transfer. It takes two business days for Tudor Trade to process trader’s withdrawal request, which is on of shortest periods in industry.
Tudor Trade Broker Review | Customer Service
Tudor Trade customer service boasts real traders in their ranks. Their philosophy is simple: only real traders can help traders who have issues while trading, depositing money, withdrawing money etc. It makes a lot of sense. Having few veteran traders in support team greatly increases user experience and increases retain levels. So if you are new trader this broker might be great choice for you, because support team can help you with advice from their own trading experience.
The support team is ready and more than happy to assist traders on any trading or technical issue 24 hours a day, 5 days a week. You can reach them by phone, email, live chat or skype. Supported language is English. You can reach them in their London office or in their New York office.
Tudor Trade Broker Review | Summary
In short, Tudor Trade strikes us as great broker for traders who are looking to invest bigger amounts of money. It’s not that they are not good for traders who wish to trade smaller amounts of money, but they really have excellent offer for high deposits. Bonus goes to even 150% and volume insurance of funds is as high as 55% of invested funds. Terrific!
Their customer service is yet new great story. Having actual traders in customer support team is great idea. Every time we needed help we received it fast. We could even rely on their trading advice because it came from very people who are experienced traders. On the downside they are not regulated and this may turn some traders away. Hopefully they will get regulated in 2017. We got our money when we requested it. It seems this is real broker not a scam.
Our trading experience with Tudor Trade was great, we have no special complaints. We recommend this broker, especially to those traders that are ready to invest more money in trading binary options. If you wish to start trading feel free to click on the button below. Registration is free.