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.
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:
Offers multiple tradings like Binary Options, Pairs, Long Term, Sixy Seconds, One Touch, Ladder, iFollow
APP available on Android and Apple platforms
No payment request, no credit card details needed (unless you decide to trade live, you can’t trade for nothing, well duh)
Forex Trading, Commodities Trading, Stocks Trading, Currencies Trading, Indices Trading
No need to download any software as its website based (unless you want app on your Smart Phone/Tablet)
No previous trading experience required
Email, Phone & Live chat support – Timing Sunday to Friday from 6am to 9pm GMT
Data service from Thomson Reuters who provide intelligent up to date knowledge about markets
Deposit methods are Wire Transfer from your bank account or Credit card(Visa/Master etc). More options available
Very easy (addictive) to learn trading platform
Over 40 trading assets to choose from between currencies, commodities, indicies & stocks
Cherry Trade International Helpline numbers
EU: | |
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43-720115948 |
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45-89882866 |
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358-942451113 |
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33-182883163 |
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39-0699337566 |
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352-20332509 |
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31-857440788 |
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47-81503079 |
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34-932201720 |
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46-840839938 |
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41-615083203 |
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44-2035192136 |
Rest: | |
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61-285992813 |
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973-16198515 |
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852-58081499 |
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81-345790767 |
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64-9801109 |
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27-213002886 |
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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.
- Whether you think price will go up(then select call, up arrow) or down(then select put, down arrow).
- 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.
- 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
Verdict: Cherry Trade is Approved
Cherry Trade <– Official Link
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A great source for binary options.