This Broker is Out of Business!
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TradeThunder was a binary options broker that opened in June 2015. Trade Thunder is owned by Thunderstruck Investments Ltd. 3rd Floor, C&H Towers, Corner of Great George and Great Marlborough Streets, Roseau 00152 Commonwealth of Dominica.
Their UK phone number is +44 203 150 1861 and their USA phone number is (646) 755-6101 and from Canada (613) 800-7560. Their email address is [email protected].
TradeThunder is the first broker to offer traders the Leverate BX8 trading platform. Leverate is well know in the Forex industry and has now ventured into the binary options world with their sleek trading platform.
The BX8 platform has binary options available for more than forty Forex pairs, market indexes, stocks, and commodities. The payout for 1 hour $EUR/USD options is 90%. As you change the time frame of the option, the returns change. We like the simplicity that this software offers, and it is good from experienced and new traders. The minimum deposit at TradeThunder is $20. Minimum trade size is only $1.
A feature that we like in the platform is the ability to turn on one click orders. A trader can set their default trade size, and then just click high or low and the order is placed. This is great for traders who are “trading the news” or speed trading.
TradeThunder’s website is currently available in English, Spanish and now German.
When we review a new binary options broker, we want to know if they look like a scam or a real binary options broker. We always check to see if the regulator in Cyprus called CySEC gave them a license and if they fall under the MIFId rules in Europe.
TradeThunder is not a licensed broker. On June 6th 2013 the United States SEC wrote an investor alert regarding binary option scam brokers. Read entire alert on the SEC website here.
See the reviews of regulated and licensed brokers here.
You have many brokers to choose from, and not all brokers are the same. See the update Best Binary Brokers Page. There is now another broker using the same trading platform as Trade Thunder.
What has been your experience trading with TradeThunder? Please share your review with other traders in the comment section below.