Traderush is no longer trading. Please check our Broker comparison list to find the best broker for you.
Traderush is one of the more established binary options brokers online. The firm provides ‘one-touch’ binary options, and these generally offer higher returns than traditional / traditional high options. Traderush also offers an option builder service that allows traders to put together the trades they want, and provides more flexibility than other preset binary options. The Pro Trader tool is another extension of the firm’s commitment to helping their clients be as profitable as possible.
Traderush provides a good level of trading news, low minimum trades and recently expanded support facilities. In addition, they also ensure that as many of these functions as possible are available on their mobile platforms, for smartphones, tablets and mobile devices. The trading platform is clear and easy to use – but can be updated to reflect some of the advances made in this regard on rival services.
Here are some key details about the Trade Rush brand;
Demo Account – No
Minimum Deposit – £ 200
Minimum Trade – £ 10
Signal Service – No
Bonus Details – Up to 100% deposit match .
Mobile App – Yes, for Android and iOS.
Trading Platform
Traderush review trading platform TradeRush offers an easy-to-use platform that allows customers to place trades quickly.
The trading platform lists the option types at the top of the screen via tabs. Below that are the asset options and view options. Display options allow users to control how many windows they can display at a time – meaning multiple assets can be traded at once if desired.
As the trader selects the option type and asset category to trade, the price graph will be updated with relevant information.
Traders confirm a specific asset via the drop-down list on the left side of the price graph – and then confirm the expiry time using the drop-down list on the right. Again, amend each of these updates the data displayed in the graph.
To the left of the graph is the ” Popularity ” arrow – this depicts the current trader sentiment towards that particular asset, displayed as a percentage. The graph itself tracks recent price movements. To the right of the graph is the trade button. The Call and Put buttons are nice and clear, as are the potential payout percentages. Once a Call or Put has been selected, a confirmation window will appear, replacing the payout percentage. The confirmation screen is where a trader will confirm how much they want to invest and the strike price, expiration time and potential payout are also confirmed. Once satisfied everything is so that a trader has to click the ‘Apply’ button and the trade will be opened.
It is a very clear and simple trading platform, but it lacks one or two features of rival brands. A simple retail trading area is nice – but it’s useful to be able to use some ‘nice to have’ features every now and then.
The Option Builder is a very useful option. It allows traders to ‘build’ options to suit their needs. This becomes important for more advanced traders who may want to “nest” two or three similar trades to manage risk payouts and control.
Trader’s Choice
TradeRush offers options for forex, commodities, stocks and selected indices. Their list of assets for trading is very long, and includes various listed companies and a comprehensive range of forex options. TradeRush excels in the options they offer traders.
Payment
TradeRush typically offers a maximum return of 81% on options. This rate can change depending on the asset and the time of expiry. Payouts on 60 second binaries are high, compared to other brokers, and this is the strength of the brand.
Other features
In addition to low trading minimums and a strong market network, Traderush also offers its customers the following features and benefits:
Extensive news source – Traderush offers daily news on all its markets, as well as daily rounds.
Option Maker – A great tool for experienced traders to put together the type of trades they want.
Pro trader tools – Give traders more flexibility, plus technical analysis and tools at their fingertips.