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TradeRush

Overall Review of broker: We decided to review this new broker for 2 main reasons:
1.    They have a really interesting offering of a near instant option (60 second) which has many uses to binary options traders
2.    There overall offering is very tight and we will explain why below.

Company Profile: Although only recently opening their doors, the company is fast making waves with their very interesting offer of 60 second options. Despite being EU based (in Cyprus), we were very skeptical of this at first as our entire staff of writers and editors come from a long line of conservative options and spot traders. But there is a lot to like about these options and after interview the CEO: Kenneth J. Lowry, we feel very confident about the future of this broker.

The Good: 2 types of options (ABOVE/BELOW and TOUCH) as well as the 60 second options are a really nice start. They have a wide range of expiries and use a solid trading platform. And 74 Assets to trade is very big, 12 of which are available for 60 second options! They also have Option Builder and Option Pro. Read on to learn more about these great features

The Bad: We were slow to take to this broker but we have only received great feedback from our readers. Truthfully, they may have scored lower on some of the key categories, but the amount of feedback can’t be wrong at this point. The only thing we can say to the downside is that they don’t support many languages, but they support English speakers from anywhere in the world in the best possible way. This level of service is what has been talked about. Other than this, the fact that they don’t offer Stop Losses, Take Profits, or Rollovers is a bummer but not bad enough to make us turn down a shot at making a profit in 60 seconds.

The Bottom Line: Our readers are the ones who have pushed this broker to the top. So if you are ready to get going, click here now

Founded: in 2011. Although they only entered the market a number of months ago, they are coming in strong and with a really interesting proposal to traders.

Payout %: An 81% payout is about average in the industry so this is a thumbs Up. Not the most aggressive in the business, but certainly nothing to shabby.

Expiry Variety: Wide variety here and we like it a lot – 60 seconds, 30 min, 1 hour, 2 weeks, 1 month

Binary Options Types: ABOVE/BELOW and TOUCH options are almost a complete package. We want to see them expand into Range options as well but this is a fantastic start and well above the average as most brokers are only offering Above/Below at the moment.

Software: SpotOptions is a well known and strong software choice. We like SpotOptions and always recommend it as a software for binary traders as it is stable and provides the needed technology traders want.

Screen Shot:

TradeRush Screen Shot of HomePage

TradeRush Screen Shot of HomePage

Asset Types: Here things get interesting. They offer a huge 76 assets to trade which is one of the widest offerings we have seen for binary options. See the complete list below:

CURRENCIES COMMODITIES INDICES
AUD/USD COFFEE N. AMERICAN INDICES EUROPEAN INDICES ASIA AND MIDDLE EAST INDICES
EUR/GBP CORN DOW CAC BOMBAY SE
EUR/JPY GOLD NASDAQ DAX BOVESPA-F
EUR/USD OIL NASDAQ FUTURE FTSE 100 DUBAI
GBP/USD PLATINUM S&P 500 HANG SENG JAKARTA SE
NZD/USD SILVER IBEX KL FUTURE
USD/CAD SUGAR STRAITS TIMES KUWAIT
USD/CHF WHEAT MICEX10
USD/JPY NIFTY
USD/RUB NIKKEI 225
USD/SGD SSE180
USD/TRY TADWUL
USD/ZAR TEL AVIV 25
TOPIX
STOCKS
US STOCKS EUROPEAN AND UK STOCKS ASIAN AND OTHER STOCKS **60 SECOND OPTIONS **60 SECOND OPTIONS
ASX Barclays GAZPROM LEUMI EUR/GBP
AMAZON BP HITACHI NASDAQ FUTURE GBP/JPY
APPLE BNP PARIBAS HSBC HOLDINGS TADWUL USD/JPY
BIDU DEUTCHE TELECOM ICL.TA TEL AVIV 25 USD/CHF
COCA COLA FIAT LEUMI TEVA.TA USD/CAD
DELL FRANCE TELECOM PETROBRAS GOLD GBP/USD
GOLDMAN SACHS SAB MILLER S.BANK INDIA GOLD/EUR EUR/USD
GOOGLE TESCO SBERBANK RTS FUTURE USD/JPY
IBM TOTAL TATA MOTORS AUD/USD
UNILEVER UBS TEVA.TA EUR/AUD

Payment Options: They offer the usual lot for payment options: Wire transfers and Credit Cards. But also Moneybookers.

Other Features: 60 second options is a major feature no one else has so we give a big thumbs up for this one. The minimum trade with 60 second options is only $5 so it’s worth a try even if you rather the longer term trades.
They also only require $100 to open an account.

Option Builder and OptionPro are 2 great features available with this broker. Option Builder allows a trader to customize the parameters of a specific option. Allowing such variations such as asset, the expiry, the return on investment, and return on loss. See the screen shot below.

Traderush Option Builder

Traderush Option Builder

OptionPro allows traders to see the action in the market using charts that are adjustable so you don’t need to go to another site or using separate charting software to get a feel for the markets.

Bonus: Contact us at media@whyoptions.com to get more details about bonuses. 

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Reviewed by David Fielder on 14 July 2011

1 Comment

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  1. Daniel says
    04 December 11, 10:44am

    This is a great article – TradeRush is my favorite place to trade binary. Their 60 second options are really unique and highly profitable.

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