Is 10trade a scam

10trade is a fairly new but well known binary options trading platform. That platform is known for its transparency and straightforwardness when handling its clients. 10trade strives for nothing less than perfection and gives traders so many benefits and security. When it comes to choosing a trading platform, many traders are worried about the legitimacy of it and thankfully 10trade members do not have to worry. After conducting our in depth 10trade Scam and Security of funds Inspection, we are proud to say that this broker is dependable.

10trade is licensed by CySEC (Cyprus Securities and Exchange Commission) and has a high payout rate of 81% on successful trades. This platform is far from a scam and has helped traders all over the world make major monetary increases. They are committed to make trading simple by having a modest interface and giving its clients numerous perks. Some benefits include, automatic welcome bonus for all account types, several different trading options, over 200 tradable assets, and pristine customer service. Beginner traders can also take advantage of an enriching educational academy 10trade provides that includes eBooks, webinars and daily and weekly market reviews.

Is 10trade a scam | Security of funds on 10trade

Traders can get started trading on this platform by only depositing $200 USD and receive an initial welcome bonus regardless of what account type they choose, which is enjoyable. 10trade provides clients with 5 different account packages which benefits each type of trader, rookie or veteran. Since 10trade is CySEC regulated, it guarantees security when depositing and withdrawing funds online. Traders are able to use various methods for funds such as credit/debit cards, wire transfers, CashU, iDeal and BitCoin. All customer transactions are secured by 128-bit SSL encryption which enables proper identification from a customer in order to open an account and even withdraw funds.

Another important aspect for traders is being able to withdraw funds freely. Traders are able to do so via credit card or wire transfer by sending an email with a filled out a “withdrawal request” form. It is also nice to see that clients are allowed one free wire transfer per month and free credit card withdrawals. To avoid money laundering problems which are prominent in this industry, 10trade makes sure funds go into the right hands. Proper identification verifying accounts are necessary for withdrawal and a request is processed within 3-7 days which is quicker than the majority of other brokers.