TudorTrade is an unlicensed binary options broker that opened in 2016. TudorTrade is owned and operated by Global Instruments Ltd., located at PO Box 343, Victoria, Mahe, Seychelles. Contact phone numbers are: United Kingdom; +44 203 8070235 and United States +1 (646) 558-0048, and the contact email address is email@example.com.
For complaints about brokers, read this.
Tudor Trade gives their clients and investors an easy to use binary options trading software which was developed by the Finantick company. The software is 100% web based and they offer standard high low binary options. Returns on options range from a low of 60%, to as high as 80%. Expiry times for short term high speed trading are from 60 seconds to one hour. For long term options the expiry times go 9 months out.
You can get a trading bonus on your account, and Tudor Trade also offers a $50 refer a friend bonus. Be sure to read their terms and conditions page for the full details.
The minimum trade size is only $5 which is a very popular feature. New accounts have a minimum deposit requirement of $250.
Social trading or copy trading is becoming increasingly popular now, and many people think that it is easy money from it.
Take a few minutes to learn how these systems work before you decide to use one, read more here.
When the Scam Broker Investigator researches new binary option brokers to try determining if they are a scam or legitimate broker, we check for one thing, and that is a brokers license. The most popular place for a broker to get a license from is either CySEC in Cyprus, FCA in United Kingdom, or ASIC in Australia.
TudorTrade is not a licensed broker. Smart investors can find the updated list of licensed and regulated brokers, see here.
The US SEC wrote an investor alert regarding binary option scam brokers. Read entire alert on the SEC website here.
Warning from ASIC Australia
“ASIC urges all investors considering trading in binary options to check they are dealing with an entity that holds an Australian financial services licence.