Broker Review Tudor Trade

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Broker Review: Tudor Trade

The subject of today’s article, is a new binary options brokerage promising to have the highest payouts in the marketplace of up to 90%, Tudor Trade. This broker can also be utilized to trade Forex, and CFDs, but it is most suited for binary options trading, as you can quickly tell when you take a closer look at their trading platform. Unlike many other brokers, traders can immediately access the platform to see how it looks, and reacts, without having to sign up with an account. In order to trade though, you will be prompted to register.

The brokerage is owned and operated by Global Investments Ltd, located at PO BOX 343, Victoria, Mahe, Seychelles. Traders can get in touch with the support staff, by emailing [email protected], or calling 44-203-8070235 in the UK, and 1-646-5580048 in the US. There is also a contact form, for people that prefer that method.

Tudor Trade Review

My first impression of the Tudor Trade platform is that it’s a little clunky. Aesthetically, the font types, and sizes of different elements isn’t the most pleasing to the eye, but this isn’t the most important aspect of a brokerage. What concerns me most, is the amount of assets and expiry times that I have choose from. In this case, the brokerage provides us with more than enough assets, including newly introduced crypto currencies and multiple Forex pairs. There are certainly more than enough options, to make any binary options trader comfortable with the platform.

They currently offer 2 types of trading, Turbo and long-term. The Turbo trades range anywhere from 30 seconds to 6 hours, with many expiry times in between, probably the most I’ve seen for any brokerage. In sorting through most of the currencies, it’s quite clear that the payouts are large as they gloat about in their opening statements. This is another plus.

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Despite many of these aspects I appreciate, I’m still not 100% sure this is a brokerage that I would move some of my accounts to. They are close but I’m not sure they stack up with some of my recent broker reviews, like Olymp Trade , Race Option and Binary Cent .

Details

  • Type: Options Broker
  • Founded: 2020
  • Location: Seychelles
  • Platform: Web-based
  • Payouts: Up to 90%

I’m not exactly sure how they do it, but the payouts provided by the Tudor Trade broker do seem a little higher than most of the brokers that I’m currently using. I don’t believe that this will make a significant difference trade to trade, but over the long term it would certainly help in the profit department. That is of course, if withdrawals and execution times are reliable or not.

Considering the lack of information about this brokerage available online, my main concern is regarding the legitimacy of the firm. I feel much more comfortable with larger brokers, that already have thousands of clients, but that doesn’t mean that this can’t be a diamond in the rough. Generally, I’ve found binary options trading signals, and software to be more effective with larger firms.

Account Types

The Tudor Trade team is currently offering 4 different account type packages. Depending on how much you are willing to deposit, you will find yourself qualifying for the introduction package, the traders test package, the FX traders package, or the pro-traders package.

The introduction package requires a 250 deposit, and comes with a $100 demo account, a 50% trading bonus and one risk-free trade of $25. The traders test package requires a $500 deposit, and comes with a $300 demo account, a 75% trading bonus and for risk-free trades of $25. The FX traders account requires a deposit of $5000, and comes with a $2000 demo account, a 100% trading bonus, and 5 risk-free trades of $250. This account also comes with something referred to as volume insurance and guaranteed monthly interest as well as weekly money management and consultant meetings. I would like to see more information on these details, because it isn’t explained exactly what they are but there are no reviews on other sites like Binary Options That Suck, so this is our only resource. The final package, is the pro-traders, which requires a deposit of $15,000, and comes with a $5000 demo account, a 150% trading bonus, and 5 risk-free trades of $750. Again, this account comes with volume insurance and OnDemand personal money management services.

There’s quite a few elements in need to larger account sizes that aren’t explained much detail, but I wouldn’t recommend trusting any of these money management services or account managers . These are generally flawed processes, that sound great, but never actually help the trader in the end.

Conclusion

There are aspects of the Tudor Trade brokerage that are impressive, but as an entire package, I’m unsure if it’s offering enough to make me want to change brokerage accounts. The accounts I’m currently with our with brokers that have phone applications, smoother platforms and much more of the history in the marketplace.

If a bunch of clients from this brokerage tell me that it’s great, then maybe I’ll change my mind. So, in order to get the ball rolling please leave a comment with your experiences, and let me know if this broker that I should be considering.

Tudor Trade Broker Review

Tudor Trade Broker Review | Overview

Tudor Trade is another newcomer to the world of binary brokers. They are established in 2020 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.

Introduction:

  • Minimum required deposit is 250$
  • Bonus up to 50%
  • Demo account with 100$
  • 1 risk free trade of 25$

Traders’:

  • Minimum required deposit is 500$
  • Bonus up to 75%
  • Demo account with 300$
  • 4 Risk free trades of 25$

FX Traders’:

  • 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

Pro Traders’:

  • 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.

Trading platform screen shot

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 2020. 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.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Top Binary Options Broker 2020!
    Best Choice For Beginners and Middle-Leveled Traders!
    Free Demo Account!
    Free Trading Education!
    Big Sign-Up Bonus!

  • Binomo
    Binomo

    Trustful Broker. Recommended Only For Experienced Traders!

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