Cherry Trade Review – any good?

Cherry Trade is an online binary options trading platform which is co-directed by Liam Grainger & Ryan Coates. Ryan seems to be new in business but Liam is a long time experienced trader who is well in his 60s. Cherry Trade’s main office is in Gibraltar and it’s under the umbrella of Greymountain Management Limited which is registered in Ireland.

Info
Official webiste https://www.cherrytrade.com
Countries available Worldwide, not taking new clients from USA since 15 September 2015

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Cherry Trade platform features:

checkmark2   Offers multiple tradings like Binary Options, Pairs, Long Term, Sixy Seconds, One Touch, Ladder, iFollow
checkmark2   APP available on Android and Apple platforms
checkmark2   No payment request, no credit card details needed (unless you decide to trade live, you can’t trade for nothing, well duh)
checkmark2   Forex Trading, Commodities Trading, Stocks Trading, Currencies Trading, Indices Trading
checkmark2   No need to download any software as its website based (unless you want app on your Smart Phone/Tablet)
checkmark2   No previous trading experience required
checkmark2   Email, Phone & Live chat support – Timing Sunday to Friday from 6am to 9pm GMT
checkmark2   Data service from Thomson Reuters who provide intelligent up to date knowledge about markets
checkmark2   Deposit methods are Wire Transfer from your bank account or Credit card(Visa/Master etc). More options available
checkmark2   Very easy (addictive) to learn trading platform
checkmark2   Over 40 trading assets to choose from between currencies, commodities, indicies & stocks

Cherry Trade International Helpline numbers

EU:
Austria Austria 43-720115948
Denmark Denmark 45-89882866
Finland Finland 358-942451113
France France 33-182883163
Italy Italy 39-0699337566
Luxembourg Luxembourg 352-20332509
Netherlands Netherlands 31-857440788
Norway Norway 47-81503079
Spain Spain 34-932201720
Sweden Sweden 46-840839938
Switzerland Switzerland 41-615083203
United Kingdom of Great Britain and Northern Ireland United Kingdom 44-2035192136
Rest:
Australia Australia 61-285992813
Bahrain Bahrain 973-16198515
Hong Kong Hong Kong 852-58081499
Japan Japan 81-345790767
New Zealand New Zealand 64-9801109
Saudi Arabia South Africa 27-213002886
United States of America United States 1-917-775-0324

How to use Cherry Trade – A Binary Options Platform

Cherry Trade has done well over the years in terms of their service and easy to understand yet detailed system. While doing my tests I kept my trading within the realm of binary options only and didn’t try other options like pairs sixy seconds etc to not skew my results. To place a trade requires minimum $25 per position from your deposited balance which I think is not bad considering the payout could be $42.50 on average which is a healthy return of about 70%. You don’t have to deal with the fees and position placement charge as you focus on 3 things only.

  1. Whether you think price will go up(then select call, up arrow) or down(then select put, down arrow).
  2. The amount you are gong to place minimum is $25 and maximum could be anything. I recommend that investors keep the amount per position to $25 only until you are experienced with how the system works and to not loose your money. Of course you can win too but it is better to have experience first.
  3. The payout amount. This is the total amount which will back into your balance if your prediction was correct.

Cherry Trade Test Results

I tested the Cherry Trade for just an hour a day and here are the results

Day 1: Started trading with $200
Day 3: Balance $357
Day 5: Balance $425

cherry-day-trading-day-1

cherry-trade-logo-5

Verdict: Cherry Trade is Approved

 Cherry Trade <– Official Link

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