TraderVC is an unlicensed binary options broker that opened in November 2016 and is owned by BetaTech Ltd.. The address listed in their website is 35-37 Ludgate Hill, London, EC4M 7JN, United Kingdom.
The phone numbers are: +44 203 769 5436 in the United Kingdom, and +27 21 202 1968 in South Africa. Their email address is email@example.com, and to read about typical binary options broker complaints you can read this.
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The trading platform that TraderVC is giving investors is called the Panda Trading System, and it is becoming a popular trading platform at many brokers. It is an easy to use software in which an investor can choose from a variety of assets to trade including; Forex, Commodities, Stocks and Market Index. The binary options available are the: Hyper Options (30 and 60 seconds, 2, 5, and 10 minute options), High / Low, One Touch and Range Options.
They show a few account types to choose from but we did not see what the minimum deposit for the smallest account is. As a new broker, they are still waiting to release their mobile trading apps.
One of the popular features of the Panda trading software is the social trading / copy feature.
When the Scam Broker Investigator reviews a new binary options broker to determine if they are a legitimate broker or just another scam broker, we look for a valid license. The brokers license will usually come from CySEC in Cyprus and occasionally ASIC in Australia, or the CFTC in America.
At the time of this review, TraderVC is not a licensed broker.
You should take a moment to read the benefits of using a licensed broker, read this.
There are currently more than 100 active binary options brokers online, and traders can easily get overwhelmed trying to figure out which one to use. You can easily check out the Best Brokers page.
If you are currently trading with TraderVC, then please share your experience in the comment section below.