TradeRush, in operation since 2011, is a binary options brand of Marblestone Partners Ltd, a London-based finance company. Like many other binary options websites, TradeRush uses the web-based SpotOption platform. There is no complicated software to download, and the platform is set up simply–offering the usual binary options platform features, including a market clock, assets list, support options, trading features, and more–but navigation is not easy due to glitches in the system causing excessive freezing. I know this is not just an issue on my end because I found quite a few client complaints reporting the same problem.
Trading Options and Platform Features
TradeRush offers the usual binary trading strategies, however profitability with the company has an unusual range of payouts–from 75%-100%–usually capping at 75%. The following three trading features with TradeRush offer a customized trading experience that might make up for the lower than average returns.
- 60 second trading: The 60 second platform offers a more exciting way to trade, as the trade ends in just 60 seconds. You can earn up to $500 with one PIP movement!
- OneTouch: OneTouch offers a higher profit while adding a larger risk factor. Since market directions and investment options are already set, all you have to do is select an option and click “apply” to receive profits up to 700%. Not only does OneTouch make earning high returns quick and simple, it allows trading on weekends when markets are closed.
- Option Builder: Option Builder allows you the most choices. You pick your standard asset, expiration times, and investment amount–but you also get to choose your percentage of risk.
To start trading with TradeRush, you must deposit 200 USD/EUR/GBP if you are using a credit card (Visa, Mastercard, AMEX, Maestro, Visa Electron, Diner’s Club), CashU, MoneyBookers, or other web-based options. If you are making a wire transfer, you must make a $500 minimum deposit.
The company offers fair withdrawal policies, but you should take into account that you might wait around two weeks for a withdrawal, and you will incur withdrawal fees.
Bonuses and Promotions
TradeRush offers a demo account, however my attempts to actually receive one from the company were unsuccessful. Usually, binary options brokers want you to deposit money before they’ll offer you a demo account. After you make your minimum deposit of $200, you can request a bonus from your account manager, to be determined by your account manager, and you are eligible to receive a bonus for referring a friend if that friend also makes a minimum deposit of $200.
I was disappointed to find there was no live chat option on the website. However, you can contact the company via email or phone. The company’s response times tend to be between 5-15 minutes telephone support and about 48 hours for a reply to an email. This is a fairly standard wait, so no complaints here.
The TradeRush is available in 6 different languages, and is fairly easy to navigate, apart from technical glitches. If you can get past the technical glitches, and actually register, you’ll receive decent customer service and flexible trading options.
Pros: multilingual, fast response time, flexible trading options
Cons: buggy platform, no live chat
Support Options: Phone & email
Languages: 6 languages