23Traders Review

| July 8, 2016 | 0 Comments

Company Overview

23Traders was founded back in 2013 and is owned by Hermes Ventures Ltd. This online binary trading system is based in Kingstown, St. Vincent and the Grenadines. It is a financial services provider that is regulated by the VFSC (Vanuatu Financial Services Commission).

The 23 in the brand name ’23Traders’ is not random but unique because of an idea that suggested putting 23 traders together so that they could come up with recommendations on how to improve the trading platform. The idea was very successful, and the founders of 23Traders decided to continue to adopt this approach with the name of the company and the creation of the new 23Traders platform.

Trading Platform

The trading platform featured on 23Traders is a white label SpotOption GEN2 platform, and it’s among the latest SpotOption platforms developed in recent times. Many improvements have been made by SpotOption in this GEN2 platform, one of which is the Candlestick Chart feature. The platform also has another great feature that was not present in the previous versions, which is the support for many more option contracts. Traders can trade in financial markets in up to seven different ways with this GEN2 version.

Features

“Strategy Advisor” feature is one of the features incorporated in this trading platform, and it uses the popular technical indicators including Bollinger Bands, Moving Average, and RSI to produce an analysis that is helpful in indicating the probability of different market directions in the future.

Trade Types

The platform of 23Traders lets its traders trade in seven different and unique ways including Classic Call/Put options, Long Term options, Speed options, One Touch options, Ladder options, Pair options, and FX/CFD options.

Trading Accounts

The company also offers five different types of trading accounts which are almost as numerous as the trade types offered.

  • Bronze Account: The minimum deposit for this account is $250 and it offers 20% welcome leverage, training videos and daily market reviews.
  • Silver Account: The minimum deposit for this account is $500 and it offers free trading signals for a week, three risk-free trades, 50% welcome leverage, account manager, daily market reviews and training videos.
  • Gold Account: The minimum deposit for this account is $2500 and it offers webinars two times per month, free trading signals for two weeks, five risk-free trades, 75% welcome leverage, an advanced trading guide, account manager, private session with ananalyst, and daily market reviews.
  • Platinum Account: The minimum deposit for this account is $10,000 and it offers 100% welcome leverage, free trading signals for two months, webinars two times per month, daily market reviews and 1-to-1 sessions, and an advanced trading guide.
  • VIP Account: This account offers minimum deposit above $50,000 and all the features of the Platinum account.

Customer Support

Customer services include email, telephone and live chat service.

Conclusion

23Traders decided to be low key until it perfected its product, and that’s why it has not been heard of by many traders. However, there have not been any complaints and it looks like a promising and worthwhile trading platform.

Office website: https://23traders.com/

Category: Binary Option

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