23Traders is a new binary options broker that opened up in 2015. 23Traders offer traders the very popular and user friendly SpotOption binary trading platform. Their website and customer service is available in Arabic and English.
They have regular binary options with returns of 83% and traders can also use the 60 second, 90 second, 2 minute, 3 minute, and 5 minutes options. They have available more than 120 assets to trade including Pairs, Ladders Options, Forex Options, Options on Oil, Silver and Gold, plus a variety of stocks.
Their minimum deposit for new trading accounts is $250. The minimum trade size is $5.
They have really packed their website with a bunch of educational information for new traders. From ebooks to online videos, economic calendars and one on one training.
Their mobile trading app for Android is available, and the iOS app should be released shortly.
Traders at 23Traders can receive email alerts with trading signals and new trading ideas. Speak with customer service to ensure that your account is setup to receive the emails. Another benefit to using a broker with the SpotOption platform, is that it is integrated with many automated trading robots, and trade signal providers, read more here.
23Traders Bonus Offers
When you open an account you will see on the account types page the various bonus and risk free trades they offer depending on account size, see here.
When you read the terms and conditions of the bonus offers, you will notice that the trading volume requirement for withdrawal of your money is “(bonus + deposits) X 40”. This does not bother some traders that are specifically looking for bonus money, but it is very often the cause of traders complaints when they want to withdraw their cash.
License & Regulation
When traders and investors compare binary options brokers they usually seek a licensed broker. 23Traders does not allow traders from the United States.
We checked their website and see that they are regulated by VFSC, the (Vanuatu International Financial Services Commission) with License No. 14536.
Address: Hermes Ventures Ltd., 201 Rogers Office Building, Anguilla. With offices at Decimol Ltd., Wenlock Road, London, England
Phone Number; United Kingdom: +44 203 519 3815, Australia: +61 280 156869.
Email: [email protected]