TropicalTrade
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Overview

IMPORTANT INFORMATION:
This Broker is no longer accepting clients. For the Best alternative click here or visit our brokers page.

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Details

Broker TropicalTrade
Website URL www.TropicalTrade.com
Founded 2015
Support Types Live Chat, Phone, Contact Form, E-mail
Minimum 1st Deposit $200
Minimum Trade Amount $5
Bonus Up to 100%
Payout 85%
Free Demo Account No
Account Types Basic, Professional, Expert, VIP, Corporate
Deposit & Withdrawal Methods Credit/Debit Cards, Bank Wire, Neteller
Number of Assets 150+
Account Currency USD, EUR, GBP, AUD or CAD
Overall Score 9.2/10

Full Review

NOTE: Tropical Trade will no longer operate and except new members. You should find another reliable and legit income-generating broker to work with.


Traders from USA are not allowed to trade with this broker. Click here for another option.

TropicalTrade have just entered the binary options industry. This broker can offer you between 70-85% payout in binary options trading and it can reach returns as high as 1500% on Ladder Options. TropicalTrade has one of the easiest to use binary options trading platforms which is 100% web-based. You can trade on more than 150 assets – currencies, stock, commodities and indices.

Tropical Trade

Traders can access the Trading Academy, to have individual sessions with experts in binary options trading, video and ebook library.  There are also real time updated asset price movements, high profits with no fees, accurate trade signals and no downloads needed if you choose to trade with TropicalTrade.

Is Tropical Trade a Scam?

When traders are looking for an online binary broker they should always pay attention to the privacy and security. At TropicalTrade the safeguarding of all personal and banking details is at high level and they use SSL encrypt system.

Review Verdict: TropicalTrade is NOT a Scam

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State-of-the-art technology is used for the purposes of ensuring the highest level of security possible. Not only personal and banking information is secure, you should be aware that even your trading history is entirely encrypted and available only for you. These are all signs of the importance which Tropical Trade and its owners put on providing a safe trading environment. They also apply full transparency policy so that their clients are well aware of their rights and obligations when they trade on the platform, as well as the risks they might carry.

In simpler terms, TropicalTrade is not a scam. It is a legitimate brokerage for online trading of binary options. Hundreds of satisfied customers can confirm the conclusion of our investigation.

TropicalTrade – Deposits & Withdrawals

Investors can choose from 5 different currencies for conducting transactions – EUR, USD, GBP, AUD and CAD. Wire transfers, MasterCard, Visa, 3-D secure card and Neteller are accepted for depositing methods. You will have to proof your identity before any financial transactions can take place in your account. Most trade methods allow traders to invest between $25 and $5,000 per trade. Touch trading is $50, 60-second trading investments can range between $5 and $250.

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To make a withdrawal at TropicalTrade you will have to submit a withdrawal request. You may only withdraw funds using the same method and currency as you used for making your initial deposit. There is a maximum withdrawal amount permitted – $20,000. In order to withdraw a bonus you have to trade 30 times the bonus amount – a requirement that almost every broker has in their Bonus Policy.

You can see your past transactions and payouts including trades, deposits and withdrawal you can do this from the “My Account” page. If you have any questions you can contact the TropicalTrade Customer Support by email, phone or live chat. Read the Terms and Conditions Section which can be found on their website if you have any questions.

Tropical Trade – Account Types

Tropical Trade has managed to gain the reputation of a leading binary options broker because it accepts one of the lowest minimum deposits across the industry. If you sign up for its services, you can choose between five different types of accounts:

  • Basic – the basic level starts with a minimum initial deposit of $200, lowest in the industry as we mentioned. Once you make the financial transaction, you become eligible to receive a 20% welcoming bonus. You will be connected to a junior broker and receive an exclusive Members Only educational package.
  • Pro – starts from $2,500 and is suggested for people with more experience in the trading field. You will have contact with a senior broker, additional exclusive training materials, 1-on-1 training sessions and trading signals, generated by the team of analysts at Tropical Trade. The welcoming bonus is 35% of your initial deposit.
  • Gold – the minimum deposit for this tier is $6,500. It is for the professional investor. If you open this account, you will be able to receive a 70% welcoming bonus. You get connected to an executive broker. The account comes with 3 risk-free trades and even more exclusive resources to enhance your trading.
  • VIP – starts from $50,000, comes with a 50% welcoming bonus and 5 risk-free trades.
  • Corporate – the initial deposit is $100,000, while the welcoming bonus is 30%.

The two highest account types offer personalized trading signals and give access specially trained analysts.

Review Verdict: TropicalTrade is NOT a Scam

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Customer Assistance

The support team of Tropical Trade is available 24/7. You can contact them via multiple channels – phone, e-mail, LiveChat on the website and by filling your details in the provided online form along with your message. The support service answers in a timely manner and can assist you in multiple languages.

Conclusion


NOTE: Tropical Trade will no longer operate and except new members. You should find another reliable and legit income-generating broker to work with.


Our team of experts tested TropicalTrade trading platform, features and withdrawal procedures. We were very satisfied with the results and the high overall score that this broker receives from traders. TropicalTrade delivers advanced and modern services with professionalism and BinaryOptionWithdrawal.com approves it as one of the reliable binary options brokers.

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