23Traders Broker Review - Online Stock and CFD Binary Trading

About 23Traders

23Traders is a relatively new broker, having started operations in 2013. Its parent company, Hermes Ventures Limited, is headquartered in St. Vincent and the Grenadines and is regulated by the VFSC (Vanuatu International Financial Services Commission) under the license number 14536. This regulation ensures that customer funds are safe and that 23Traders delivers transparent services to traders at all times.

The name 23Traders is derived from the fact that, before founding the brokerage firm, 23 traders of dynamic backgrounds met for a series of brainstorming sessions to deliberate on what the ultimate binary options broker would look like. The idea was to create a broker for the traders, by the traders and going by the numerous positive 23Traders reviews online today, it is evident that they have created the ultimate binary options brokerage that offers traders all the tools and services one needs in order to trade effectively.  

Trading Platform

No 23Traders review is complete without a mention of its advanced and revolutionary trading platform that uses superior technology. Powered by SpotOption, the 23Traders platform is very intuitive, user friendly and offers traders an incredible portal to the exciting world of binary options. For traders that prefer the convenience of trading while on the go, 23Traders has a complimentary mobile platform for both iOS and Android that delivers the full functionality of the desktop platform. Packed with useful features, such as historical asset price charts and the Trader Choice sentiment gauge, the 23Traders trading platform allows traders to get the most out of their trading activity.

Traders are also able to trade a variety of option types including the standard Binary Option (Call/Put), Speed options, such as 60 Seconds, Long Term options, Ladder, Pairs, One Touch as well as Forex and 23Traders CFD trading. The broker also offers a variety of expiry times from as short as 60 seconds, up to a year, enabling traders to diversify their trading portfolios with ease. The trading platform also offers a choice of risk management tools, such as Rollover and Double Up and these enable a trader to minimize the risks of trading while securing the rewards.

Trading Assets

At 23Traders, traders can place binary trades on almost any type of financial asset. Commodities, such as silver, gold and crude oil, currencies, such as GBPUSD, EUR/USD, indices, such as DAX, Dow Jones, Nasdaq, Pairs, such as Twitter/Facebook and stocks, such as Microsoft, are all available for trading. 23Traders CFD trading is particularly impressive as it allows traders to trade these highly leveraged products with defined risk and reward. Equally exciting is 23Traders stock trading that allows traders to realize huge returns in a short time by simply making a prediction on the price movement of various shares without the obligation of owning any stock.

All these assets can be traded in the variety of contract types, such as the long term and speed options, which effectively widens the scope of profitability for traders. 23Traders CFD trading is especially lucrative as these products experience big price movements throughout.

Review of 23Traders Broker - Forex and Binary Options Trading

Trading Platform

23Traders option trading platform is powered by SpotOption, arguably the leader in binary options trading software. Known for its delightful front end designs, user friendly interface and high performance, SpotOption also supports mobile trading via Android and iOS apps to allow traders to experience superior trading functionality at their convenience and while on the go. 23Traders FX trading is also greatly enhanced by this high performance platform which ensures that currency traders receive interbank price quotes devoid of any latency whatsoever. The software also comes with handy features, such as Rollover, which enables traders to extend the expiry time of their existing trade as well as an integrated social trading function that allows traders to track and copy the best performing traders on the platform.

Educational Trading Resources

Trading resources is our next focus in this 23Traders review. 23Traders Trading Academy offers an extensive educational program to help traders gain relevant knowledge as well as learn the skills and methodologies required to build a successful trading career. In addition, 23Traders reviews its educational offering regularly to update their traders on the latest news, strategies, trends or developments in the financial industry. In the 23Traders library, traders can access a detailed trading glossary, options trading basics, numerous eBooks, the 23Traders FX trading manual, an extensive video library with over 50 videos, an exhaustive news strategy, an economic calendar as well as access to a personal instructor who will walk you through the trading platform step by step.

Banking – Deposits and Withdrawals

To ensure 23Traders option trading is efficient, the broker operates a reliable and effective payment system that ensures both deposits and withdrawals are dealt with in a timely and efficient manner. Traders can deposit or withdrawal in a variety of safe and convenient payment methods that include wire transfer; credit cards and debit cards, such as MasterCard, Visa, Visa Electron, Maestro and American Express; as well as a variety of popular eWallets, such as Neteller, ecoPayz, CashU and Skrill. 23Traders allows traders to begin trading immediately one they complete a deposit successfully whereas all withdrawals are processed within 2-5 business days. 23Traders reviews the identification of each trader, as per the regulations of the regulatory body, to ensure that the funds are always sent to the correct account and trader.

Customer Service

23Traders option trading is made all the more exciting by the exemplary customer support traders are provided with. Traders can contact their customer support anytime via phone, email or live chat if they encounter any problem, need any guidance or wish to submit a complaint. Their support staff is very friendly, highly responsive and will handle all customer issues professionally.

Conclusion

23Traders is well and truly a first-rate broker that adequately serves all types of traders. They offer exceptional brokerage services as well as sufficient support and resources to allow traders to get the most out of their trading activity. If you need a brokerage partner that genuine cares about your success, 23Traders is your natural choice.  

Review of 23Traders Broker - Forex and Binary Options Trading

Trading Platform

23Traders option trading platform is powered by SpotOption, arguably the leader in binary options trading software. Known for its delightful front end designs, user friendly interface and high performance, SpotOption also supports mobile trading via Android and iOS apps to allow traders to experience superior trading functionality at their convenience and while on the go. 23Traders FX trading is also greatly enhanced by this high performance platform which ensures that currency traders receive interbank price quotes devoid of any latency whatsoever. The software also comes with handy features, such as Rollover, which enables traders to extend the expiry time of their existing trade as well as an integrated social trading function that allows traders to track and copy the best performing traders on the platform.

Educational Trading Resources

Trading resources is our next focus in this 23Traders review. 23Traders Trading Academy offers an extensive educational program to help traders gain relevant knowledge as well as learn the skills and methodologies required to build a successful trading career. In addition, 23Traders reviews its educational offering regularly to update their traders on the latest news, strategies, trends or developments in the financial industry. In the 23Traders library, traders can access a detailed trading glossary, options trading basics, numerous eBooks, the 23Traders FX trading manual, an extensive video library with over 50 videos, an exhaustive news strategy, an economic calendar as well as access to a personal instructor who will walk you through the trading platform step by step.

Banking – Deposits and Withdrawals

To ensure 23Traders option trading is efficient, the broker operates a reliable and effective payment system that ensures both deposits and withdrawals are dealt with in a timely and efficient manner. Traders can deposit or withdrawal in a variety of safe and convenient payment methods that include wire transfer; credit cards and debit cards, such as MasterCard, Visa, Visa Electron, Maestro and American Express; as well as a variety of popular eWallets, such as Neteller, ecoPayz, CashU and Skrill. 23Traders allows traders to begin trading immediately one they complete a deposit successfully whereas all withdrawals are processed within 2-5 business days. 23Traders reviews the identification of each trader, as per the regulations of the regulatory body, to ensure that the funds are always sent to the correct account and trader.

Customer Service

23Traders option trading is made all the more exciting by the exemplary customer support traders are provided with. Traders can contact their customer support anytime via phone, email or live chat if they encounter any problem, need any guidance or wish to submit a complaint. Their support staff is very friendly, highly responsive and will handle all customer issues professionally.

Conclusion

23Traders is well and truly a first-rate broker that adequately serves all types of traders. They offer exceptional brokerage services as well as sufficient support and resources to allow traders to get the most out of their trading activity. If you need a brokerage partner that genuine cares about your success, 23Traders is your natural choice.  

A Review of 23Traders Broker - Forex and Binary Options Trading

When some 23 experienced traders met in 2012, they decided to create the ultimate brokerage firm for traders. 23Traders.com was born with the aim of providing the support and guidance that new and inexperienced traders need to succeed in the financial markets as well as delivering a powerful offering that will enable experienced traders to maximize their profitability. The numerous glowing 23Traders reviews online prove that they stuck to the mission, with the broker now a leading brand in the industry. Fully regulated, 23Traders offers a safe and transparent trading environment where traders can trade a wide range of financial global assets in a variety of lucrative methods and at their own convenience. They also have one of the best and most comprehensive educational libraries around and offer outstanding customer support throughout. You can never go wrong trading with a broker that was built by traders, for traders – 23Traders.com.

Trading Accounts

When signing up, traders have the option of choosing their preferred account package from six account types, from Basic to the Elite level. The minimum deposit on the Basic account is $250 and the maximum is $100,000 at the Elite account level. The minimum trade size is $5 while the maximum is $20,000 and traders can enjoy returns of 78-91% per transaction that ends successfully or ‘in the money’. No matter the account type, traders will receive 24/7 customer support and will have access to all the broker’s educational materials as well as the professional chart and portfolio display analysis. From Bronze level onwards, traders receive a cash match bonus of between 10-100% on their deposits, 1 on 1 coaching as well as invitations to expert led webinars. There is also an Islamic account for traders who follow and abide by Sharia law.

Assets

With 23Traders option trading, traders are able to trade on the price movement of virtually all types of financial assets that include commodities, such as silver and gold; stocks, such as Microsoft and BP; indices, such as S&P 500 and the Dow Jones, as well as currencies or forex, such USDJPY and even Bitcoin. These assets can be traded in variety of lucrative contracts which include the standard high/low options (Call/Put), Long Term options, Speed options (such as 60 seconds, 90 seconds), One Touch options, Pair options as well as Ladder options.  

There is also a 23Traders FX trading section that allows traders to trade currency pairs and CFDs with ease and convenience. Also, unlike trading with a Forex broker, 23Traders FX trading comes with defined risk and reward, with absolutely no exposure to any kind of volatility risk. 

Best Binary Options Choice – 23Traders.com

Trading Platform and Assets

23Traders runs on the hugely popular SpotOption platform, a state of the art trading software with all the features traders need to be successful. One of the main attractions of the platform is that it is available directly on the 23Traders website, without the need for downloads and only requiring a modern, and an HTML5-capable browser. Traders who prefer to use mobile devices will also find a 23Traders app at the Apple Store as well as on Google Play. This allows for trading convenience and flexibility and enables traders to trade profitable trading opportunities even while on the go.

By signing up for a 23Traders trading account, a trader can enjoy access to not only a variety of assets in various classes – stocks, indices, commodities and currency pairs (forex) – but also several different option types including the standard Call/Put option, Long Term options, Speed options, such as 60 seconds trading, Ladder, Pairs, One Touch as well as FX/CFD options. Other features on the platform include historical price charts of the different assets, a Trader Choice gauge reflecting investor sentiment, risk management features, such as rollover and double up and much more. The minimum investment, depending on the option type selected is only $5.

Account Types and Support

A 23Traders trading account has one of the most flexible structures of any binary options broker, with 6 different account types available: Basic, Bronze, Silver, Gold, VIP and Elite. For customers who subscribe to the Muslim faith, there is also a special Islamic trading account. 23Traders offers different account types because the broker understands that there are different classes of traders, all with different requirements, giving the broker a great reputation in 23Traders reviews. Each account type offers a variety of benefits, such as payouts of up to 91% on trades that end successfully. Other benefits include access to trading alerts, a welcome bonus, events trading groups, access to a strategy advisor and much more.

In their commitment to offering top quality support to all their traders, the support team at 23Traders is exceptional. 24/7 support is available from a well-trained, highly responsive and friendly customer care team through email, live chat or telephone.

Conclusion

23Traders is a broker that brought together the ideas of some of the leading lights in the binary options world and the results are clear to see. Online 23Traders reviews indicate that the excellent trading platform, useful training and educational resources, secure transactions and convenient 23Traders banking options and helpful customer care, are just some of the things that have made this the favorite broker of many traders from across the world.