Cedar Finance – binary option broker review

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Cedar Finance

Cedar Finance are no longer trading. For a list of alternative brokers, and full comparison reviews, visit our brokers page.

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Cedar Review – Archive

Cedar are no longer trading.

Regarded as one of the most professional options providers in the industry, Cedar Finance delivers on all fronts. With a strong sense of customer service and quality trading products, they have done much more than exceed trader expectations; they have developed the ideal trading experience.

Bonuses & Promotions

Traders will find that Cedar Finance offers highly competitive bonus offers for deposits and to start trading. Currently traders can receive Cedar Finance’s premiere bonus of $5000 as a Welcome Bonus. Beginning with such a high amount will enable new traders to open several options for a great start in building their newly formed portfolios. In addition, multiple bonuses are offered that range from 30% to 75% beginning with the Bronze Account offering a 30% Bonus up to $999 ($200-$999), Silver a 50% Bonus up to $4,999 ($1,000-$4,999) and Gold, which offers a 75% Bonus up to $9,999 ($5,000-$9,999).

Account Information

Cedar Finance is open to all traders with varying degrees of experience. Anyone can open a Cedar Finance account with the minimum deposit amount of $200. When opening an account traders will choose their preferred currency with a choice of USD, EUR or British Pound (GBP). The minimum trade amount at Cedar Finance is $5 for a 60 second option, $25 for a binary option and $50 for a one touch option. Opening an account is easy and can be done quickly directly on the Cedar Finance website. Currently Cedar Finance is available only in English but with more languages on the way.

Trading Requirements

Traders will find that the Cedar Finance platform is simple and intuitive. The innovative platform enables traders to quickly navigate the website, choose assets and execute trades. Every function is made easy with Cedar Finance’s user-friendly platform. From funding an account or placing a trade, traders can do so quickly and securely. Cedar Finance has made it a goal to provide traders with the most comfortable trading environment possible and uses their advanced technology to ensure traders receive the best service.

Platform Assets & Markets

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No matter your preference, Cedar Finance offers a diverse selection of assets that will surely add value to any trading portfolio. Here are some premium assets to look out for when opening trades, starting with Currencies: Euro/US Dollar, Great British Pound/US Dollar, Euro/Japanese Yen and many more. Some important commodities include: Gold, Oil, Sugar, Silver, Platinum and others. Cedar Finance also offers many premium indices such as: IBEXT, NASDAQ, S&P Future, NIFTY, TELAVIV25, KUWAIT, FTSE, DOW and more. No platform would be complete without a choice of amazing stocks to choose from. At Cedar Finance traders can trade BARCLAYS, IBM, GOLDMAN SACHS, COCA COLA, SBERBANK, REUTERS and plenty more.

For a complete list of available trading assets visit cedarfinance.com

Fitting for a platform with a diversity of traders, Cedar Finance offers multiple investment options. Traders can choose from 60 second options, one touch options as well as a custom option builder. With 60 second options, traders can receive a quicker turnover of trades simultaneously for an exciting fast paced payout. On the other hand, the option builder lets traders choose the details of their trades including the asset as well as the expiry time down to the minute.

Customer Service

Cedar Finance traders are supported with a team of brokers and market professionals. Tech support ensures an efficient, secure and quick trading experience while customer support offers all available market information by way of reviews, news and updates. Every resource is made available to Cedar Finance traders and at any time of day 24/7 traders can reach support through multiple methods of contact including email, live chat and telephone. From real-time stock quotes to assistance in funding an account, customer support is ready to help.

Is Cedar Finance a Scam?

Cedar Finance is a reputed binary options broker that provides excellent opportunities to increase your income. Cedar Finance offers returns as high as 80% on your investments, which is the highest in the industry. Binary options are high-risk investments and as such can lead to high yields as well as heavy losses. It is always best to gain comprehensive understanding of how the system of binary options trading works before you choose an asset for investment. Cedar Finance offers an excellent platform with secure payment gateways and good exposure to a wide spread of assets to choose from and trade with.

Final Word

Cedar Finance offers reliability, professionalism and integrity. Regarded as a leader in customer service due to their emphasis on education, market resource and round the clock support, Cedar Finance comes highly recommended. With equal levels of technological know-how and quality service and excellent payouts, traders receive a premium trading experience. Whether you are a beginner or an experienced trader, Cedar Finance caters to your needs and offers the best possible service.

Cedar Finance Review

Cedar Finance Overview

Cedar Finance Features

  • Option Builder
  • 60 Seconds Trading
  • Open Platform

Basics

Site Name: Cedar Finance
Website URL https://www.cedarfinance.com/
Platform: SpotOption
Founded: 2020
Country: Cyprus
Bonus Info: 100%
Payout Percentage: 81%
Minimum Deposit: $200
Deposit Options: Credit Cards, Moneybookers, Nordea, iDEAL, Maestro (Switch) and Solo, Wire Transfer
US Traders Accepted: Yes
Trade Now: Open a New Account

Screenshots

Full Review

When you are looking for an efficient options broker like Cedar Finance do not go for the ones with the cheapest services but remember that quality is an equally important factor in the business. Even though, the emergence of Binary Options Brokers has been quite recent, their services are so valuable that they have taken over the online trading world. Due to such a high demand, the number of such brokers has increased as well increasing the need for traders to carefully evaluate and determine whether or not a broker like Cedar Finance is capable of fulfilling their online options trading needs.

As far as the nature of the options brokerage is concerned, you will often come across either full service broker or self-directed discount broker. If you are new to the game of trading in general and Binary Option Trading in particular, it is a good idea to opt for a full service broker because they normally provide a comprehensive range of services including advice on where to place your investments. On the other hand, self-directed brokers are better for traders who already know which investments they have to make or who can make the financial analysis and interpretations themselves before the investment decisions. If you wish to obtain benefit of both types of brokerage services at one place, you will find numerous options like Cedar Finance available as well.

When it comes to online options brokers, commission charges are not the only thing that you need to consider. Factors like ease of use of the website, the execution speed and the overall customer satisfaction with the service is extremely important as well. Among all of these, speed of execution is perhaps the most important one, primarily because you need to be able to place your order and execute all of your options related transactions on the website on a speedy basis, without any holdups, website malfunctions or repairs. This means that the site should not be unavailable or bending backwards because of a high load of customers. Information travels fast and so do markets which is why an options broker like Cedar Finance needs to have a website system that is able to comprehend and execute all orders and clicks within the passage of milliseconds, if not instantaneously.

It is also a good idea to look for such brokers whose trade execution prices are guaranteed and approved by the National Best Bid or Offer branch of the SEC requirements. This will help ensure that a broker like cedar finance review is giving you the best available bid price. Get some knowledge of how these brokers calculate their commission charges based on your option trades and your option contracts. Remember, if an option broker has a low commission charge, they might be compensating for it by other hidden fees like minimum balance fees charged when the funds in your account are below a minimum annual maintenance fee. Inactivity fees are charged if you do not trade within a specified period.

Cedar Finance Review

Cedar finance was founded on 2020. They currently operate under Cyprus jurisdiction in Europe. Nevertheless, they can accept traders from all around the world including USA . This is a real advantage over most European based brokers. They also differs themselves from the competitors by using Tradologic trading platform instead of more commonly used SpotOption platform. Cedar Finance also offer great bonuses for loyal customers, very low minimum $5 dollar single trade limit and reasonably good payout %.

Cedar Finance In a Nutshell

  • Broker: Cedar Finance
  • Platform: Tradologic
  • Founded: 2020
  • Bonus: Up to 75%
  • Return/Refund: 65-75% / 0-10%
  • Number of Assets: Less than 100
  • Regulated: No
  • Demo Account: Yes
  • Mobile Trading: Yes
  • Minimun Deposit: $200
  • Us Traders: Accepted

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Claim your free binary option robot, get started with three easy steps:

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  • 1. Your Binary Option Robot will analyse the market and decide, which asset (currencies, indices, commodities and stocks), is right to trade at that point in time.

    2. The Binary Option Robot Will Predict the Price Movement

    Your robot will assess a wide-range of factors, and then make a prediction on how the assets price will move, saying: Call (up) if it believes the price will rise and Put (down), if it believes the price will fall.

    3. Decide on how much you want to Invest

    Then you need to decide how much you want to invest in the commodity and when that investment will expire.

    4. Collect your Earnings

    Finally, you collect your earnings (the good part!)

    Special Features and Bonuses

    Tradologic trading platform is fresh change from the SpotOption platform which is clearly most popular binary option trading platform there is today. There are some additional features, which makes this platform very compelling.

    Bonuses

    Cedar Finance offers great bonuses and gifts for loyal traders. For example, they give investor alert bonus for those who makes a deposit within 72 hours after opening an account. To be able to get the 200% bonus, deposit amount must be at least $501 or 501 € and you have to mention bonus code MMMx3 to customer support. The 100% bonus will require $251 to $500 and bonus code MMMx2. The smallest 50% bonus will be given to those who will deposit between 200-250 USD/EUR and use bonus code MMM50. Minimum deposit amount is 200 USD/EUR.

    Their slogan is “money makes money, the more you invest the more you pull down”. This is quite true, starting with a larger deposit you will get a bigger bonus, and in this way you get the chance to invest larger amounts of money, and make more profit. Therefore you should always take advantage of great bonus offers like this.

    Features

    One thing where Cedars Finance stands out from competitors is the possibility to trade Bitcoin and Litecoin crypto currencies. This is done in the same way as the standard forex trading, with currency pairs (for example USD/Bitcoin).

    If you are interested in forex trading, I recommend trying binary option robot. It is a fully automated trading software, which you now get completely free of charge through us by clicking the button below.

    Open Free Account Read Review Trading Academy courses and required minimum deposits.

    Language options

    Cedar Finance have translated their site in English, Dutch and Russian. Customer service in addition to several other languages. In particular the European languages are well represented.

    Cedar Finance cstomer seirvice is available for several languages.

    Restricted nationalities

    Cedar Finance accept customers from anywhere in the world, no restricted nationalities. This is a good news especially for US investors, whose opportunities are currently limited in many places. Transparency also increases the trust for the company. All customers are treated equally, whether they are from Europe or from somewhere else.

    Banking options

    Cedar Finance accepts all most common credit cards such as Visa Master Card, Diners Club and more. Deposits are immediate and withdrawals take from 3 to 10 business days depending on the method. Wire transfer deposits takes up to 5 days to show in the trading account and 3-10 business days for withdrawals to show in bank account.

    Cedar Finance banking methods

    E-wallet such as neteller is a good option if you want transfer money immediately. Supported currencies are for every method are EUR/USD/GBP and minimum deposit is 200 of chosen currency. You should choose your currency carefully, because it cannot be changed later on.

    Trading

    Tradologic platform differs from SpotOption a little but the main features are pretty much the same. Cedar Finance offers several expiration times depending on the option type. Most typical ones are ranging from 60 second to 300 seconds in the short investments and couple of hours to end of the day in the other investments. Longer expiration possibilities are also available. Those are ranging from a week to several months. Overall expiration times are quite flexible.

    Binary options selection is quite wide. Cedar Finance offers regular up/down options, One Touch, Range and Turbos. If you are not familiar with all the option types, don’t worry. You can find more information from our binary option trading article. All the different terms are also opened up in the Cedar Finance website.

    Tradologic platform make also possible for trader to reduce losses with early close option. You get certain percentage of your initial investment back when you use this option. It is especially useful, when you see that trend is not going to the direction that you predicted. This way you only a fraction of what you would have without early close feature.

    The opposite of early close is “Extend” feature that will give trader chance to delay the expiration time and gives more time to the binary option to be profitable. This should be used when the option will most likely be profitable by rising or falling (depending on your initial prediction), but it needs a little bit more time than originally was planed.

    One touch is an option type where trader has to predict if the asset price will reach the pre-determined level. One touch gives high payouts for even up to 160% when predicted correctly

    Range option also offer possibility for better profits than regular up/down options. When trading range options, trader decides whether or not the price of the asset will end up in certain range within the expiration time.

    Turbo options gives trader a change to make fast trading and fast profits. In Turbo options, expiration times are really short, from 15 seconds to 300 seconds per single trade.

    Mobile trading

    Cedar Finance also offers great mobile trading platform. You are able to set and follow trades whenever you want, wherever you want. Mobile application is very easy to use and works great also when network signal is slightly weaker.

    Cedar Finance mobile app

    Easiest way of getting the mobile app into use is to create an account to Cedar Finace through our links and then getting the actual app from Google Play Store or Apples App Store .Mobile app is quite the same as the full browser version and it has the same features in it. If wanted, all the trading can actually be made with the mobile version. Your phone will probably be always with you so it is easy to check how the markets are developing and if profitable situation arises, make an investment. This is for sure my recommendation, you should not miss any good opportunities to make money.

    Maximum Profit

    Cedar Finance will offer usually about 65-75% payout. You can also get refunds, if you your investment does not go well, refund percentage is usually 0-10%. As those two factors combined, payout is, in compared to other operators, quite competitive.

    What to trade

    Cedar Finance has in total roughly 200 different trading assets in their selection. The index selction includes all the most commonly traded indices for example the Abu Dhabi General, Bovespa,Tel Aviv, Topix500 and global indices S&P 500and NIKKEI 225 etc. There are a lot of indices from Asia and Middle-East and even from Africa.

    In the stock listing there all almost all industries represented from phones to cars and credit services to footwear manufacturer. Trader should easily find the ones that he has unique knowledge and experience. In total, roughly 150 stocks are in the asset listing. For example Coca-Cola, Alibaba and Google are represented.

    Cedar Finance offers about 30 currency pairs to trade with and as mentioned at the beginning special currency pairs such as Bitcoin/USD and Litecoin/USD are also available.

    Trading Academy

    Cedar Finance has wide range of video courses available for traders who are actively looking to develop their own competencies. They emphasize that to be a professional trader, education and knowledge is the key for success. Everyone has some good luck sometimes but it probably will run out sooner or later. But knowledge is something that cannot run out or be taken away.

    There are several video courses available about topics related to binary options, trading in general, economics behind the trends and cause and effect in the economical system.In the trading academy there are in total five courses that deal with different topics. These are available if you deposit at least a certain amount to your trading account.

    The introduction lesson is about how to become a successful trader and and about binary options in general.

    Lesson 2 is about the psychology in the trading and how to control your own mind.

    Cedar Finance Trading Academy Lesson 2 about trading

    Lesson 3 is about financial management, single trades and risk management overall.

    Lesson 3 about financial management

    Lesson 4 is about market analysis, it covers pretty much everything related to market analysis and the different forms of it.

    Lesson 4 about market analysis.

    Lesson 5 is about the trading platform and how to use it as effectively as possible and how to maximize your profits and minimize your losses.There is also some webinars available for traders to check the latest market news and trends.

    Lesson 5 about platform features

    Customer service

    Customer service is very helpful and quick. If you need any assistance, the live-chat is the easiest way to ask questions you have in your mind. The telephone support will also help in many different languages and if something bigger will occur, you can always contact your account manager and get personal answer from him via email.

    Is Cedar Finance scam?

    Cedar Finance is definitely not a scam. It is actually one of the best brokers available to US investors, which does not have as many options as Europeans. Cedar Finance has good and clean reputation, it has been able to avoid from all the negative publicity and I strongly believe that this will continue in the future.

    Our Summary

    Cedar Finance has succeeded well in every aspect which are important to an investment company. Tradologic trading platform works great even for professional traders. Maximum investment limit $2000 is somewhat low limit but it will be sufficient for most traders for sure.

    As an overall rating, we will give Cedar Finance 4,5 stars out of 5.

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

    • Binomo
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