Fortrade Broker

Tradarea Broker Review

Update July 16th, 2015 – Tradarea had their CySEC License is Suspended.

Their website is dead, and their former operator 1TCR Corp Ltd is directing questions to: [email protected]

Tradarea Binary Options

Tradarea was a licensed binary options broker. Tradarea is owned by 1 Financial Rod Ltd. They are located at 165 Spyros Araouzo, Limassol, Cyprus. Their phone number is +357 23 030 198. There email address is [email protected].

Minimum Deposit for New Accounts is 200€.

Tradarea Platform Review

While reviewing Tradarea, we see that they use the Hello Markets trading platform. There are more than 55 assets for trading on, including Forex, Commodities and Popular stocks. They offer many unique and exotic currency pairs for trading, including options on the Israel Shekel, Polish Zloty, Indian Rupee, Singapore Dollar & Mexican Peso. Their time frames are listed different than other brokers. A 15 minute option, expires at 15 minutes of the hour, and a one hour option expires on the hour. So for example, if it is 10:17 am and a trader selects the 45 min option, the option will expire at 10:45 and not at 11:02. The return on $EUR/USD binary options is 85%.

Tradarea License & Regulation

Tradarea holds a license from CySEC (Cyprus Securities and Exchange Commission). Their license number is 237/14.

When reviewing a binary option brokers to determine if they are a legitimate broker or a scam broker we want to know if a regulator like CySEC gave them a license, and do they fall under the MIFId regulatory rules in the European Union (EU). The benefit of using a CySEC licensed broker is that your funds are insured by the Investors Compensation Fund. In the event that the broker goes out of business, your funds are safe.

Tradarea Signals

Inside the Tradarea trading platform, on the right side of the screen, traders can see many signals. The signals are generated based on various technical indicator studies like MACD, RSI< Bollinger Bands etc. It is up to the trader to decide which signals to act upon. There are many signal providers for binary option trading, and you can read more here.

Compare Tradarea

There are many binary options brokers to choose from. The difference between brokers is primarily the trading platform they use and they assets they offer.