Update November 25th 2014
Apparently TraderXP Has Been Sold or Closed!
In the meantime, Do Not Open an Account TraderXP. Read about the Top Rated Brokers Here.
TraderXP is owned by Dolce Formula Ltd., Trident Chambers, PO Box 1388, Victoria, Mahé, Seychelles. They were previously owned by EEMG LTD. 79 Knyaz Dondukov-Korsakov, Entrance 1, Apt. 2b, Sofia City, Bulgaria, 1504.
TraderXP can be reached from the UK at +44 20 3355 0067, Australia at: +61 29 191 9753 and from the United States at: (646) 416-9039. Their email address is [email protected]
TraderXP is available in the following languages; English, Spanish, Russian, German, French, Arabic, Norske, Turkish and Italian.
When a new account is opened at TraderXP you will receive a Sign Up Bonus of 100% of your first deposit. It works like this; If your initial deposit is $300, they will match that and place with an additional $300, so that your binary option account with TraderXP will show $600 in your account.
So is TraderXP a scam or a legitimate binary options broker? What do you think of TraderXP? Have you had any problems or complaints about their trading platform? Let us know your thoughts in the comments below.
When investigating a binary option broker to determine if they are a legitimate brokerage firm or just another online scam. We look to see if a regulator like the CySEC in Cyprus gave them a license. We also look to see if they are included in the MIFId regulatory rules in the European Union (EU)? TraderXP is not currently regulated by any government regulator.
It is important to check the regulated binary option brokers list when choosing a broker to see if the broker you want to go with is regulated by a government regulatory agency.