CherryTrade Review

CherryTrade is Closed!

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Cherry Trade

CherryTrade was a binary options broker that opened in 2014. CherryTrade is owned by Website Promotions Ltd, located at The Financial Services Centre, Stoney Ground, Kingstown, Saint Vincent & the Grenadines. Their phone number is: (917) 775-0324. Their email address is support@cherrytrade.com, and for trader complaints read this.

Trading Signals & Robots

Look here to see more than 50 different signals providers.

Trading Signals ScamWARNING: There are many bad trading systems, you should read about trading robot scams.

The only worthwhile automated trading robot is the Binary Option Robot, see details.

CherryTrade Platform Review

CherryTrade Review PageCherryTrade uses the latest SpotOption 2.0 platform with over 180 assets available to trader. In addition to 60 second options, long term options and high low, they offer traders Ladder options and Pairs Options. They also offer binary options on commodity futures like coffee, corn, & wheat.

For Forex traders they offer options on major currency pairs and also many smaller currency pairs, like the Singapore Dollar, the Rand, the Turkish Lira, and Russian Ruble! They offer 30 second, 60 second and 120 second options. The minimum deposit for new accounts is only $200.

CherryTrade Regulation

When the scam broker investigator reviews a binary options broker to determine if it is a scam or a legit binary options broker, we want to know if a regulator like the CySEC in Cyprus gave them a license and they fall under the MIFId rules in Europe. Are they registered with the FCA in England or the FSBR in New Zealand.

While reviewing CherryTrade, we see that they are not regulated by CySEC. On June 6th 2013 the US SEC wrote an investor alert regarding binary option scam brokers. Read entire alert on the SEC website here.

Compare CherryTrade

Best Binary Options Brokers

CherryTrade Review

CherryTrade is Closed!

Go here to see the Best Brokers

Cherry Trade

CherryTrade was a binary options broker that opened in 2014. CherryTrade is owned by Website Promotions Ltd, located at The Financial Services Centre, Stoney Ground, Kingstown, Saint Vincent & the Grenadines. Their phone number is: (917) 775-0324. Their email address is support@cherrytrade.com, and for trader complaints read this.

Trading Signals & Robots

Look here to see more than 50 different signals providers.

Trading Signals ScamWARNING: There are many bad trading systems, you should read about trading robot scams.

The only worthwhile automated trading robot is the Binary Option Robot, see details.

CherryTrade Platform Review

CherryTrade Review PageCherryTrade uses the latest SpotOption 2.0 platform with over 180 assets available to trader. In addition to 60 second options, long term options and high low, they offer traders Ladder options and Pairs Options. They also offer binary options on commodity futures like coffee, corn, & wheat.

For Forex traders they offer options on major currency pairs and also many smaller currency pairs, like the Singapore Dollar, the Rand, the Turkish Lira, and Russian Ruble! They offer 30 second, 60 second and 120 second options. The minimum deposit for new accounts is only $200.

CherryTrade Regulation

When the scam broker investigator reviews a binary options broker to determine if it is a scam or a legit binary options broker, we want to know if a regulator like the CySEC in Cyprus gave them a license and they fall under the MIFId rules in Europe. Are they registered with the FCA in England or the FSBR in New Zealand.

While reviewing CherryTrade, we see that they are not regulated by CySEC. On June 6th 2013 the US SEC wrote an investor alert regarding binary option scam brokers. Read entire alert on the SEC website here.

Compare CherryTrade

Best Binary Options Brokers

Reviewed by Scam Broker Reviews
  • ramin Siroosi

    THIS IS A BIG SCAM. They took my money and run. I can`t withdraw my money, their phone is cut and their support is not responding. I am trying to prevent you from loosing your money. Up to a few moths ago, this charlatans called me every week and asking me to put more money……..