CTiEX (Contract Trading International Exchange) is a new binary options exchange that opened in June 2017, and they are owned by Ctiex Global Limited. Their address is 71-75 Shelton Street, Covent Garden, London, WC2H 9JQ. Their customer support email is: firstname.lastname@example.org, and for client complaints: email@example.com. Their phone number is: +44 203 455 9610.
CTiEX is offering the Daweda contracts trading platform for binary options. What makes CTiEX different than other binary option brokers is that they operate as binary options exchange, and this is why they charge $0.50 per contract traded. The expiry times for options are either 5 minute, 30 minutes, 1 hour, and End of the Day . They have options listed on all major Forex pairs, Market Indexes, Stocks and Commodities.
Their order book trading platform is very simple and easy to use. You select Call or Put, and the number of contracts. Each contract is worth $10, which is also the minimum trade size. The returns are 100% on all options. They have a mobile trading app available for both Android and iOS. You can easily sign up for a demo account.
The minimum deposit for a regular trading account is $100, see here, and to use the Auto Trading System your balance must be higher than $100.
Auto Trading System
A new feature they just released, is their automated trading system.
While many brokers work with external automated trading robots, it is nice to see a broker that had one directly integrated with their trading platform. The ATS give investors and traders the ability to select which assets to trade, the number of contracts per order, and the maximum number of trades per day. You can select the “Trend” or “Reversal” strategy.
When the Scam Broker Investigator reviews a binary options brokers, we check to see if they are a legitimate broker or a scam broker. The most important item to check for is a valid license from a legitimate financial regulator like ASIC, FSB or CFTC.
CTiEX is not a licensed broker. Traders can see all the licensed brokers by looking here.
Many binary option investors have multiple trading accounts at various brokers.
If you are already a client of CTiEX, please share your experience with other traders in the comment section below.