Binary options trading is a huge industry and it’s getting bigger every day. Loads of companies are competing for their fair share of the market, so the issue of safety is one of the most important ones in the business. Many brokers have already established themselves as reliable partners, but when it comes to new companies, traders tend to be cautions. Perfectly understandable, since nobody wants any trouble when it comes to their money. In this article, we are going to see is Tudor Trade a scam and what level of security can be expected from them. Read on and learn everything about this new addition to the market.
Is Tudor Trade a Scam? | Does the platform work?
So, is Tudor Trade a scam? One of the easiest ways to check that is by examining their trading platform. This is where we found our first surprise in the examination. You see, the software powering this platform was developed by Finantick. This is not the most common choice of binary options brokers, but this company has done wonders with it. There are more than 200 different assets to choose from, and their prices are updated constantly, meaning you always have the very latest information on your screen. Trades are executed smoothly and without any delays, so you will never end up out of the money just because some glitch or other technical problem appeared. The design is also very pleasant and intuitive and suited even for complete beginners. In short, this trading platform is everything you’d expect from a serious broker, so the fact that it was developed by a new face in the industry is a very pleasant surprise indeed. But this does not mean we’re done checking is Tudor Trade a scam or not, oh no. Stay with us and see what else there is to examine.
Is Tudor Trade a Scam? | Is your money safe?
When people want to know is Tudor Trade a scam, they usually want to know if the broker’s money transfer system is trustworthy. That’s what we are going to check in this part of the article. Available transfer methods include bank wire transfers and credit cards (MasterCard and Visa), so nothing out of the ordinary in this respect. We tested all of these methods during both deposits and withdrawals and are happy to say that there were no problems, whatsoever. Of course, in order to complete these processes, your identity will have to be verified. You can do that by sending the usual documents to the broker (copies of your passport, utility bill and credit card), but what is also required is a signed verification form whenever you decide to deposit. On top of all that, you can also get a part of your funds insured, depending on which of the Tudor Trade Account Types you open. This is an extra layer of security that is not often seen on other brokers’ websites. When you add to that the fact that all your personal and financial information is handled with due care, you can only conclude that transferring money on this website is 100% safe.
Is Tudor Trade a Scam? | Can you get support?
The quality of this broker’s support crew can also tell you a lot if you’re still not sure is Tudor Trade a scam or not. Scam brokers are usually small operations that do not have enough manpower to maintain a functional support team. Therefore, you will rarely be able to get some answers from them via e-mail and especially live chat. Fortunately, that is not the case here. Tudor Trade’s support team is quick to react to every inquiry and people working there are more than capable of helping you with everything you need. These are really well-trained individuals who know how to approach both beginners and experienced traders. You can contact them by e-mail and live chat, but another fairly unique feature of this company’s offer is that you can also contact them by Skype. If you have any doubts about this broker’s credibility, seeing their employees in action should certainly put your mind at ease. However, we have more to discuss before we conclude our investigation, so don’t go away.
Is Tudor Trade a Scam? | Is everything clear?
Is Tudor Trade a Scam? | Conclusion
In the end, after seeing all of this, we think that the question “Is Tudor Trade a scam?” shouldn’t even be asked. Although the company is still new to the industry, the amount of work they invested in making sure their clients are satisfied and well protected is extremely impressive. You will have the feeling that you’re trading with one of the best companies in the business. The platform works perfectly, the money transfer methods are 100% reliable and the support team is very capable. All in all, we firmly believe you have nothing to worry about. Open a trading account with Tudor Trade right now and trade with an upcoming star of the binary options industry.