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Promotion details

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Withdrawal conditions

When you trade the required trading volume of 0.10 lot for every 1 EUR or 1 USD of the bonus amount, the bonus amount will be automatically credited to your account as part of your equity and will be available for withdrawal.

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The bonus promotion will be ran until december 31st in 2016

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The bonus amount is available for withdrawal by trading the required trading volume

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Ftrade review

Ftrade

US traders accepted
broker	ftrade
company name	BINEXT SOLUTIONS SRL LTD.
Headquarters	romania
regulation	no
bonus type	match bonus
bonus size	100%
max payout	81%
out-of-money reward	10%
trading platform	spotoption
deposit options	credit/debit cards, wire transfer
deposit currencies	euro, US dollar, british pound
minimum deposit	$200
minimum trade	$25
maximum trade	$2,500
online since	2014
trading instruments	currencies, commodities, stocks, indices
number of trading instruments	58
binary option types	high/low, pairs, long term, 60 seconds, one touch, ladder, FX/CFD
customer support types	web form, email, live chat, phone, paper mail
education offered	how-to pages, glossary, FAQ, market reviews
tools offered	double up, rollover
languages	english, russian, arabian, turkish
demo account	no

Ftrade is a spotoption white label broker operated by a company called BINEXT SOLUTIONS SRL LTD, located in romania. This company in turn is a subsidiary of BINEXT GLOBAL LTD, itself located in the marshall islands. Ftrade is unregulated and accepts customers from the USA and around the world. US customers are restricted from trading currencies and commodities (which is an CFTC rule). As of right now, this broker appears to be neglecting their site, so I would not recommend trading with them. Still, I would like to give a rundown on their services in case they can pull it together.

Depositing and withdrawing on ftrade

If you want to open an account on ftrade, you will run into problems right off the bat. As of the time of this review, if you try to fill out the form and register, you get taken straight to a “page not found” notice. So that is no good.

In theory, if you could register, you would be able to get started with a minimum deposit of $200 (account currencies include US dollar, british pound, and euro). You can make your transfer via credit or debit card or wire transfer. On the bright side, there are no fees associated with withdrawing money, only a $50 minimum threshold. No other limitations are discussed anywhere on the site. One nice thing about ftrade is that they bluntly state in their terms and conditions that there are no withdrawal fees—they do not leave you to guess. A lot of brokers simply do not say one way or the other what they charge.

Sadly, this company does leave you to guess with reference to account tiers. There are none listed anywhere on the site. If you navigate to the “about” page, there are a number of tabs along the side. Some of the pages they link to discuss accounts as if different tiers are available for individuals and corporations, but there is no sign of them, so they may be under development (or simply neglected). Either way, you do not really know what you are signing up for. You simply have to hope that ftrade provides.

Trading on ftrade

As mentioned earlier, ftrade runs on spotoption technology, which is the most popular white label software around for binary options. It is incredibly easy to use, and if you have traded on another site before, you will already know your way around. You can trade on ftrade on your desktop or laptop. I was unable to locate an app for ios systems.

The minimum trade size on ftrade is $25, and the maximum is $2,500. Both the lower and upper ceilings are a bit higher than is typical for the industry, but still very much in line with standards. Fifty-eight different currencies, commodities, stocks, and indices are available to trade. One thing that ftrade does offer is a reasonable amount of diversity when it comes to types of options: high/low, pairs, long term, 60 seconds, one touch, ladder, and FX/CFD.

Not a lot of other features

Sadly what stands out the most about ftrade (aside from the buggy site design) is the utter dearth of features and resources. For example:

There is no demo account for you to use to practice trading before you trade live with real money. This is not a feature which is universally available on binary options site, but it is a very good one, and when it is lacking, I am never impressed.

While educational resources are promised in some of the “about” pages, the site does not actually deliver. I was unable to find anything more than these basic informational pages, a glossary, and a frequently asked questions page. There was no sign of an ebook, video tutorials, or anything else save for market reviews. Stating that resources are available but providing no resources does not do much to build my confidence in this broker at all.

Aside from double up and rollover, I found no other trading tools like early close, social trading, or signals. All of these are very helpful for guiding traders and assisting them with making smart trading decisions. You have next to no control here.

There are apparently bonuses for deposits as well as referrals, but the website fails to mention how much they are. A number of affiliates mention a 100% match bonus, so this may be the amount. Still, all this vagueness in the way of promotions is unhelpful and not very promising.

The customer service page lists a web form, email address, and phone number, as well as a link to live chat. If you click the link to chat with someone, nothing happens. There isn’t even a window that pops up. So there is no fast and easy way to get a hold of anyone.

This broker falls short all around

Unfortunately it is hard to find much at all that is positive to say about ftrade right now. The only thing I can cite that is really great is the fact that there are no withdrawal fees and the company spells that out. Perhaps I could also point toward their acceptance of USA traders while still managing to observe CFTC rules. Many overseas brokers simply do not read the fine print in the CFTC rules and understand them at all.

Aside from that, all I can really list is negatives, but I see no reason to run through the list again since I just did it above. Right now, one gets the impression that ftrade was a project left unfinished. Ftrade really needs to polish up their website and get everything in working condition, and they need to provide something solid in the way of features, resources and benefits. Until then, they will sink into the morass of half-baked white label brokers that have yet to establish any sort of individual identity or standout services that help them rise above the crowd.

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The best performing investment trusts of 2020

This time next year rodney

How JPM emerging markets puts the ’S’ and ‘G’ into ESG

Bok to the future: the RWC-winning legend helping professional athletes manage their financial future

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Trade goods

This article has been verified for the current version (1.30) of the game.

Each province produces one type of trade goods; the goods produced is the largest determinant of the province's trade value. In turn, trade value determines the province's production income and flows into the trade network.

1 goods produced
- 1.1 base goods produced
- 1.2 local goods produced modifiers
- 1.3 national goods produced modifiers
- 1.4 national goods produced modifiers from ideas and policies

2 trade value
- 2.1 trade
- 2.2 production

3 list of trade goods
- 3.1 prices
- 3.2 bonuses
- 3.3 events
- 3.4 list

4 special trade goods
- 4.1 gold mines
  - 4.1.1 gold mine depletion
  - 4.1.2 colonial nations
- 4.2 slaves
- 4.3 coal

5 trade goods spawn
- 5.1 list of trade good probabilities

6 see also

7 footnotes

Goods produced [ edit ]

The goods produced of a province is calculated as follows:

Various events, decisions and missions also impact goods produced in addition to the local and national goods produced values and modifiers which are mentioned in the tables below.

Base goods produced [ edit ]

base goods produced	amount
base production	+0.2 per production development
manufactory (except furnaces)	+1
broker's office trade company investment in the area	+0.15
broker's exchange trade company investment in the area	+0.30
native assimilation bonus in a former colony	+0.05 per 1000 native population at the time that a colony becomes a city. This can be further modified by native assimilation modifiers.

Local goods produced modifiers [ edit ]

+0.5% for each percentage of trade power in the local trade node controlled by a country which uses the merchant republic mechanics.

This modifier does not apply to provinces which are owned by the merchant republic itself, but they can get it from the trade share of other merchant republics.

This modifier is doubled for members of a trade league.

National goods produced modifiers [ edit ]

national goods produced modifier	amount
golden era	+10%
embraced manufactories institution	+10%
trading in coal	+10%
per furnace built	+5%
economic hegemon	+25%
ruler with the industrious trait	+10%
ibadi faith	+10%
hussite church aspect bread and wine	+5%
fetishist countries following the cult	+10%
norse country with njord as personal deity	+10%
the guilds faction in power	+10%
monastic breweries government reform	+10%
polish crown age ability available for poland and commonwealth during the age of reformation	+33%
mughals with assimilated dravidian culture	+5%
war exhaustion	−2% per point
mandate	−1% for each point below 50 (-50% at 0 mandate)

National goods produced modifiers from ideas and policies [ edit ]

Trade value [ edit ]

A province's trade value is the price of the trade good times the amount of goods produced in the province:

Trade value then flows into the calculations for a province's production value (in ducats) and the overall trade value of a node. Note that all values listed in the province window for trade value are shown as yearly values. The production and tax value calculations in the upper part of the province screen (which determine the ducats each provinces contributes directly to the treasury) are shown as monthly values.

Gold is treated as a special case and does not have any trade value (see full treatment below). However, it does contribute to a province's production value.

Trade [ edit ]

The trade value produced in a province flows into the province's trade node. Eventually it will be collected and turned into trade income.

Production [ edit ]

Local trade value also produces production income for the owner of the province directly; this income is modified by production efficiency.

List of trade goods [ edit ]

Prices [ edit ]

Each trade good has a universal base value [1] (for 1 unit). This base price is subject to change through special price change events. While most of these events are not tied to a specific year, they tend to fire usually around the same timeframe in most of the campaigns. It is possible to view the price modifiers affecting a trade good by hovering over it.

The base price and the different price modifiers are summarized in the table below.

Bonuses [ edit ]

Trading in bonus - controlling at least 20% of the global trade in a trade good will give the country a modifier "trading in (trade good)", which gives a national bonus. (the bonus is conferred when market share reaches 20% but a country will not immediately lose the bonus when its market share drops below 20%. The country will retain the bonus as long as it maintains above 15% market share.) the market share can be found in the ledger. Control is computed using the trade power share in each node times the amount of the good produced locally in that node.

Production leader bonus - producing the most of a particular trade good will make a country the "production leader" of that trade good, and will provide a bonus to the production of goods of this type: [2]

+10%

local goods produced modifier

Per-province bonus - A province-level bonus applied to the province based on the trade goods being produced there (requires rights of man).

Events [ edit ]

Various trade goods trigger certain events when the player country owns at least one province which produces this trade good.

List [ edit ]

Special trade goods [ edit ]

Gold mines [ edit ]

Gold is a special "trade" good that has both advantages and disadvantages: it will give a direct boost to the economy, but also increase inflation every month. If a nation owns many gold mines, it is possible that the inflation incurred negates the increase in income received. Gold does not produce any trade value; it is instead converted directly into ducats at the rate of 40 per year per unit of goods produced. This translates to 8 per base production per year. Income from gold does not benefit from production efficiency, and there is no manufactory for gold.

Primitive nations convert gold to cash at a rate of only 1:4, 10 times less than non-primitives. They accordingly receive a smaller amount of inflation.

A country will suffer 0.5 inflation per year times the proportion of income from gold. For example, a country which generates 10% of their income from gold would get 0.05% inflation per year. Practically speaking, each 5.33% share of income from gold will require 1 administrative power per year to cancel out inflation if it is not removed through other means. To cancel yearly inflation from gold provinces without spending administrative power to reduce inflation manually, a country needs to have yearly inflation reduction modifiers. The amount of yearly inflation reduction needed is shown in the table below. The right column shows what percentage of total income can come from gold without gaining inflation.

Yearly	proportion of income from gold that will not increase yearly inflation
–0.05	≤10%
–0.10	≤20%
–0.20	≤40%
–0.30	≤60%
–0.40	≤80%
–0.50	≤100%

Gold income is affected by local autonomy, with a percent of the total possible income gained equal to the local autonomy being deducted.

Gold mine depletion [ edit ]

Gold-producing provinces with a production development of over 1 have a yearly chance to become depleted (halving gold production). With a production development level of 2 the depletion chance is 0.01% yearly, with higher development levels having higher chances (level 3 has a 0.04% chance, level 4 has a 0.07% chance, level 5 has a 0.12% chance, etc.). Each depletion reduces the province's base production in half (unrounded, so it's possible to get fractional development!), effectively halving the produced, but reducing the depletion chance by more than four times. The player can see the current chance of depletion by hovering over the production development increase button on the province panel.

The chance of a goldmine depleting each year is presumably given as:

Rounded down to be displayed in the tooltip.

Base production	yearly depletion chance
3	0.04%
4	0.07%
5	0.12%
6	0.17%
7	0.24%
8	0.31%
9	0.40%
10	0.49%
11	0.60%
12	0.71%
13	0.84%
14	0.97%
15	1.12%
16	1.27%
17	1.44%
18	1.61%
19	1.80%

Given a gold-producing province with a production development " width="" height="" />, over time it will deplete at most (p)>" width="" height="" /> (rounded down) times, because a level 1 mine never depletes. Treating a gold-mine as a discrete-time linear system it is possible to estimate the production over a given period of time.

A gold-mine in a province with a production development " width="" height="" />, is equivalent to a (p)+1>" width="" height="" /> (rounded down)-th order system.

The discrete state matrix for a period of a year is:

=<\begin1-d_<0>&0&\cdots &\cdots &0\\d_<0>&1-d_<1>&0&\cdots &\vdots \\0&\vdots &\ddots &\cdots &\vdots \\\vdots &\vdots &\vdots &1-d_&0\\0&\cdots &0&d_&1\end>>" width="" height="" />

Where >" width="" height="" /> is the depletion chance after the ith depletion

Given the initial state as : _<0>=\left(<\begin1\\0\\\vdots \\0\end>\right)>" width="" height="" />

After " width="" height="" /> years the state of the system will be: > =\mathbf > \mathbf _<0>>" width="" height="" />

Knowing that a base production 5 mine produces 40 ducats/year, the estimated yearly production is : _=8\mathbf

\mathbf _>" width="" height="" />

Where: =(p,floor(p/2),\dots ,1)>" width="" height="" />

Then the cumulative production over a given number of years " width="" height="" /> is: =\sum \limits _^\mathbf _>" width="" height="" />

Base production	5	10	15	20
max non-decayed prod per year	40	80	120	160
% chance to decay per year	0.12	0.49	1.12	1.99
gold produced over 100 years	3,863	7,148	9,359	11,109
gold produced over 200 years	7,469	12,967	15,685	18,002
gold produced over 300 years	10,846	17,879	20,656	23,430
gold produced over 400 years	14,019	22,152	24,888	28,035

Colonial nations [ edit ]

A colonial nation subject receives no income from gold and instead saves it up and sends periodic treasure fleets to their overlord, as long as their overlord's trade capital is located in a trade node downstream from the trade node the colonial nation's trade capital is located in. If this is not the case, the colonial nations simply collects the gold as normal and pays the normal amount in tariffs.

Privateers may plunder treasure fleets.

Slaves [ edit ]

When a country passes the abolish slavery act, all its provinces producing slaves are immediately set to produce “unknown”. This will also remove any trade stations in the province if present, as well as the province modifier “slave entrepot”. A new trade good will be randomly reassigned at the beginning of the next month based on the new weights for that province. The war against the world doctrine for pirate republics disallows slaves in a similar way.

Coal [ edit ]

After the appearance of the enlightenment institution, some provinces may change their trade good and produce coal. Coal allows the province owner to build a furnace in said province, which gives a global +5% goods produced to the province owner.

Coal can appear in a province that fulfils the following conditions:

Has coal as a latent resource

Has the enlightenment present

The owner has embraced the enlightenment

One of the following:
- The province has a development of at least 20
- The province owner has at least 20 innovativeness

Trade goods spawn [ edit ]

Colonies begin with “unknown” trade good and are randomly assigned a trade good after reaching a population of 400 colonists [4] . The trade good is determined by a system of scripted weights [5] . All possible trade goods are shown by hovering the “unknown” trade good icon of the province interface.

Trade goods are weighted based on a variety of factors. The most common are geographic restrictions based on terrain, climate, and region, but some trade goods' probabilities are influenced by the culture and even religion (in the case of wine) of the colonizing nation. Silk will never be produced in a colony in a game with normal or historical nations, and cloth, glass, and paper, while not directly excluded, are likewise precluded by their high development level requirement. Coal is a latent trade good and can't directly spawn from colonizing, although it can appear later if the province has coal as latent trade good.

The chance of getting a given trade good in a province is presumably given by

Where >" width="" height="" /> is the probability of a specific possible trade good, n is the number of possible trade goods in the province, >>" width="" height="" /> are all the modifiers for that trade good multiplied with each other, and the sum in the denominator runs over all possible trade goods in the province.

If a colony has started to produce a trade good due to growing over 400 settlers, and the colony is later destroyed before becoming a city, the trade good in the province will revert to “unknown.” once a colony has reached 1,000 settlers and become a city, its trade good is fixed barring a few specific events (such as for slaves, see above).

List of trade good probabilities [ edit ]

This table shows the base weights and various modifying probabilities for each trade good. Note that all provinces get a weighting, since custom setup can cause any province to be uncolonized. In the case of provinces that normally have slaves, the weights determine what it gets if the owner abolishes slavery.

Ftrade review

Ftrade is a somewhat new entrant in the binary options brokers business having begun its operations in 2014. The company is under binext global ltd and operates from their main offices in anguilla, marshall islands. According to their website, they have 100 staff in their offices in anguilla and the one in the UK. In this review, we put forward all the facts about the self-proclaimed world’s best binary options broker and try to find out if it’s true or if they are the exact opposite.

First off, the ftrade trading platform is the innovative and well liked spotoption platform which in this case is available in english, arabic and russian languages. To this effect, the awesome user experience on this platform should not be credited to ftrade as it is the full effort of spotoption and ftrade do not add any significant value to it to make it unique. But we have to admit that the system is put forward in a simple, clear way with a user friendly interface designed to make your experience trading in binary options and robots enjoyable. The bonus rates are fairly good and the average returns of above 81% are largely the same as with other brokers.

Ftrade do not have any license from any financial regulator and haven’t made any move to do so yet, a big red sign here. In other disappointing news, traders from the united states should not consider ftrade a choice as it is not legally permitted to accept clients from there. Tough luck!

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02/14/2017

Michael allen

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Ftrade review

You had most probably read through hundreds of reviews on trading on the spotoption platform but that varies depending on the broker as each firm can add or remove features from the platform to make it suit their plans. Ftrade has done neither of those and their trading area is what you would normally expect to find on a spotoption platform. You will find the usual binary options like high/low and the spotoption specials one touch, long term and ladder. To break it down, high/low also called the call/put option is where you put your money on whether a given asset will rise or fall in value at the end of the specified time. In one touch, it applies the principles of high/low but in this case the time frame does not have to expire as the value needs to only hit your given strike price once for you to get returns.

The long term option is a favorite of pro traders who are not into making rash decisions and want the asset’s performance in the market to twist and turn and finally hit their predicted price value. Due to its high chances of raking in big payouts, more and more traders are adopting this as a mid to long term investment.

The smallest trade you can make with ftrade is $25 but the 60 seconds option is open to trades of as little as $5. This is attractive to the traders who are not yet sure about the credentials of ftrade and want to test them out without risking too much of their money.

Another thing to note is that the spotoption platform is 100% based on the web and no download whatsoever is required, just a password and an email for login purposes. This is a good thing as anyone with an internet connection can trade in the system in whatever computer they have access to. This just screams convenience and flexibility in it and is a good development especially to traders who keep traveling about.

Mobile trading

Realizing the importance of mobile gadgets like phones, iphones and tablets, ftrade have duly created a mobile app with more or less the same features with their web platform. The only difference being that the app is tailored for use in the small mobile screens.

Through the app, as with the web version, you get regular market updates and binary signals free from the broker, access to well detailed charts and graphs, your full trading activity report for a certain period and also be able to monitor the trades using the complex algorithms present.

On your mobile phone you can get more information on an asset that you wish to trade in and also get to choose the binary option you want and make trade(s), all from a simple swap on the screen.

Types of accounts

Bad news for new traders here, ftrade does not have demo accounts which beginners are recommended to try out as a learning material and to test whether the features appeal to them or not. That notwithstanding, there are several account types offered by ftrade according to the deposit amount. Registration is free by the way.

Mini account – the most affordable and easiest to open account at ftrade with a minimum required investment of only $200. The bonus for this is set at 20%

. This is kind of small but you wouldn’t expect more from a basic account. You also get some basic education about binary options, what it is and trading terms used.

Basic account – it goes for $500 for which you are awarded 30% bonus and you are eligible to receive the next part of trader education from the education center. Other benefits include the candlestick charts which are pretty helpful.

Standard account – this is the account for semi pro traders and to some extent even beginners and experienced traders will feel at home here. To open a standard account you will need an investment of $1,000 of which the firm will pay you 40% as bonus. The educational materials found are more advanced and include one on one professional training in strategy and bankroll management. On top of it all, you get a personal account manager.

Executive account – coming for $5,000, this account is for the boss traders and comes with advanced learning material, personal broker, 3 trading strategies and get all your trades professionally analyzed. Not forgetting the 50% bonus on the deposit.

Corporate account – the most lucrative account available will set you back $10,000 in initial investment and get paid back 75% of this in bonuses. What’s more, you don’t have to sign up with personal details, your company name and email is enough to set up the account. All the features of executive account are available here with only a slight difference in the bonus and the returns from trades.

Apart from bonuses on deposits, ftrade rewards you for referring your pals through their “refer A friend” program where you get bonuses as high as $50 when your “friend” opens an account and makes a deposit. This is a good way to increase your account balance with zero risk.

Assets

The number of assets that ftrade deals in, currently at around 60, is definitely not the best or the biggest in the market, in fact it is on the small side. But recent developments indicate that they can, and truly have, improved over time. The more than 60 assets are generously split into the usual 4 categories by name indices, commodities, forex pairs and of course stocks. Over the few years they have been around, ftrade have upwardly reviewed their asset list to include popular and more appealing assets such as stocks of big global multinationals like google and ferrari. We are hoping to see them adding more and more to that list so as to compete favorably with other brokers with even larger asset indices.

Banking

The minimum deposit amount into your ftrade account is $250 which falls perfectly on the average minimum all brokers require for first deposits. The bonuses on that are largely dependent on the type of account you hold. However, the more the deposit the more the bonuses you get irrespective of the account type. As with most of the brokers, credit card deposits are accepted using the primary card providers like mastercard, visa, maestro and the rest. If you are the traditional type, you can deposit funds to your account using the more conventional bank wire transfer while the fancy tech savvy traders can make use of various ewallet money transfer methods such as webmoney.

The broker fully assures you full security for your finances as it has tough anti money laundering policies in place and their banking software uses the modern SSL technology which is being used by banks worldwide to secure their systems.

The withdrawal process is always a strictly controlled one across all brokers. First you will be asked to provide due identity documents like a valid passport, driving license or a government issued identity card and a utility bill that has your name in it and has been mailed to your current home address and which should be at most 3 months old. Accepting the bonuses given out by the brokers naturally comes with its own conditions one of which demands that you make a trade volume of about 30 to 40 times the bonus amount. Most people, even with other brokers, disregard this clause and go ahead to loudly complain how the broker locked their money in after accepting the bonus.

Withdrawals generally take less than 5 business days to be processed after all the withdrawal terms and conditions have been met and identity verification is made. This is a big miss by ftrade as we expected them to have fast withdrawals for the simple reason that they are a new firm.

Education

As binary options grows and attracts more people, the need to educate these people on the fundamentals of binary options trading also grows. Every broker has a responsibility of making educational resources available to new traders especially as it is a win-win situation for both of them when the trader is well informed. Ftrade has invested heavily in its education center to turn it into a spring of knowledge for their clients. There are numerous videos on different aspects of the trade, tutorials and ebooks are featured heavily and address a variety of issues from introduction to binary options, to best winning strategies to employ, to how to manage your money.

Personalized one on one training for premium account types are also available. In these, the trader gets educated based on his/her level of experience with less experienced traders getting basic introductory education which gradually becomes advanced as they gain more skills and experience.

Customer care

In any review of binary options brokers, it cannot be deemed complete without looking at the customer service, which is above all the most important feature of any legit broker. Ftrade provides support to its clients for a select number of hours per day, nothing wrong with this but if they want to retain and attract members they should consider making 24/7 support a reality.

Anyway, there are several ways you can contact ftrade and one of them is via email at support@ftrade.Com. This doesn’t assure you of the fastest replies out there but a little patience always helps. Voice calls can be made to their UK phone number +44 203 318 1472 or you can live chat by visiting ftrade.Com.

Conclusion

We must give props to ftrade for coming in and claiming a part of the market in such a short time. They are not a perfect fit but they have made, and are continuing to make major improvements to their features and services.

You are advised to go through this, and other reviews from customers themselves before you make any decision for or against ftrade. It is very tricky dealing with unregulated brokers as taking legal action against them is next to impossible.

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Ftrade review

Review

Ftrade is a binary options trading company established in 2014. It is a member of BINEXT SOLUTIONS SRL LTD in bucharest, romania which is a subsidiary of BINEXT GLOBAL LTD (marshall islands). Ftrade has over 100 employees between their different offices. It provides a large range of assets including stocks, commodities, currencies, and indices and prides itself on its professional service and experience and its highly skilled employees.

Accounts

There are two levels of trading accounts at ftrade. The standard level and the executive level. There is also a corporate account. As little as $200 is required to open an account and a minimum trade is $25. The maximum trade is $2500.

All accounts are commissions free and are entitled to a welcome bonus as well as free phone, chat and email assistance. In addition, all clients have access to the most up to date and relevant market news and review by ftrade experts.

The average return on a binary option trade is 81 percent for every position on the standard accounts. VIP traders are offered flexible returns to meet their trading needs but no descriptions or data was provided regarding this feature.

Unfortunately demo or practice accounts are not available.

Features

There are hundreds of assets available at ftrade and clients can choose from 60 second options, traditional binary options, one touch, the ladder, and long term trades. Trading on 60 seconds starts at just $5.

Ftrade assets index

The charts available on the site focus on candlesticks as the ftrade team believes that for binary options trading as well as spot forex trading a candle stick chart is optimal and will give traders the most relevant information regarding both past and present market behavior.

Candlesticks contain the same data as a normal bar-chart but highlight the relationship between opening and closing prices. It is more like a combination of a bar-chart (link) and line-chart (link) together.

For those traders not so familiar with candlestick charts, a clear description is provided.

Bonuses and promotions

In addition to all the benefits offered to their traders, other bonuses or promotions include a 100% welcome bonus up to $10,000 and a refer-a-friend promotion whereby the account holder receives $50 in his account for each person referred by him that deposits at least $200 when opening an account. The new account holder also receives $50 for joining. Both the referees and the friend are allowed to redeem the bonus for withdrawal purposes only after making trades in the volume of at least 40 times the sum of the bonus.

Education

Ftrade is one of the most customer friendly binary options trading companies out there. All traders receive access to instructional training and a host of tools to enable them to make informed binary options trades. They offer daily and weekly market reviews as well as ebooks and an economic calendar is posted for all traders.

Beginning with the broker’s basic trading level, clients receive learning center membership, full access to their video library, personal charts training, and a dedicated account manager.

Ftrade learning center

The standard trading level includes additional training in trading strategy and cash flow management as well as professional training analyses and daily trading signals.

The executive level traders and corporate accounts receive the added perks of a dedicated specialist, monthly account reports and same moment profit withdrawals.

All traders receive access to personal charts training, full access to their video library, personal trading strategy training, professional trading analysis and daily trading signals.

The economic calendar lists future events worldwide and daily market updates are also posted on the site.

Deposits/withdrawals

Ftrade accepts various methods of depositing funds including wire transfers, credit and debit cards and cashu. The minimum deposit is $200 for a wire transfer and there are no commissions on a transaction.

Withdrawals are made using the same methods. Credit cards take up to 72 hours and wire transfers can take as long as 5 days. The minimum withdrawal is $50.

Customer support

Ftrade believes in excellent personalized customer service. They treat every client with honesty, respect, and dignity. Traders can contact a representative by phone, email or live chat monday – friday from 7 am – 4 pm GMT. Trading can be done 24 hours a day because their platform is always open.

The ftrade website is available in english, russian, arabic and turkish.

Conclusion

Ftrade is one of the most advanced and ground-breaking binary options trading companies around. The ftrade team strives to do everything possible to make their clients trading experience profitable and enjoyable. As such, it is still a relatively new player on the block and there are some features which should still be added to their lineup in order for this broker to stand out from all the rest of the binary options brokers.

Features

Ftrade has been around for only a short time but it is turning out to be one of the most advanced binary options trading companies around. The ftrade team goes out of its way to make their clients trading experience a profitable and enjoyable one. The features at ftrade are standard in the industry and include the choice of different binary options, a long list available assets available and the use of a very popular and user-friendly trading platform, spotoptions.

Platforms

Spotoption

Ftrade uses the spotoption trading platform, one of the most user friendly platforms available and one of the best software packages in the industry. The spotoption software has an easy to use interface and runs smoothly, with minimal lag on any compatible device. It features the trader choice, an indicator of what direction users are trading for any given asset.

Ftrade trading platform

The platform does not require any downloads or software; it is web based and customers can trade from their home computers, laptops, tablets, or smart phones. The platform is available in three languages, english, russian and arabic.

The ftrade trading platform includes top notch connectivity with direct feeds from reuters in real time. Their design includes sophisticated algorithm monitoring all of the open positions. Also available are useful charts and graphs, sophisticated algorithm monitoring, clear instructions and complete detailed customer reports.

7 binary options

Ftrade

UPDATE (13.07.2017):

We have found out that ftrade has shut down their operations.

We recommend choosing one of our top binary option brokers instead:

Try also binary option robot if you are looking for automated binary trading.

Old review:

Ftrade is a binary options brokerage firm that was established in 2014. Although this broker is relatively new, it has gained enough experience on the field to know what the binary options traders need. They offer some of the best binary options services there is in the binary options industry.

They offer some of the best services for their registered binary options traders.

Basic information:

Online since: 2014
jurisdiction: none
software: spotoption
max returns: 81%
bonus: ranges from 20% to 75% of the deposit amount
minimum deposit: $100
minimum investment: $5 (but only with the 60 second option). For the other options, the minimum investment is $25
maximum investment: $2500
currencies: USD, EUR, GBP
mobile: yes
countries: all nations excl. USA

-user-friendly platform
– helpful customer support
– also available in arabic and russian

– no customers from the USA accepted

7 binary options rating:

Ftrade account features

The ftrade broker offers its binary options traders with two types of accounts. These accounts are somehow general. They are individual and corporate accounts. This can be understood since they are new in the industry. But with time they are poised to have more account types for their traders. More specific account types are even better since different traders have different trading needs and capabilities.

The individual account type is opened by making a minimum deposit of $200. After making the deposit, every trader who registers with the ftrade website is entitled to get educational as well as investment tools and personal account managers so as to help them in making correct trading decisions. All these also help the traders by introducing them to the different binary trading possibilities.

On the other side, the companies can open a corporate account. This is a unique feature and not many binary options brokers offer such. With such an account. With the corporate account types, traders are provided with VIP flexible returns along with several other beneficial features. The rest of the features are made known to the trader through his or her personal account manager.

This broker also has a customer support team. They are very responsive. However, they can do not offer information about account types; they leave this task to the personal account managers. This may be a hindrance if the trader is not informed. But since we have informed you, there is no need to worry.

As per their terms and conditions, ftrade broker also offers trading bonuses, which has a required turnover of x40.

Ftrade trading software

The ftrade’s website is blue, grey or white in colour. The website provides a general overview of their services although not all data concerning their services is available on this website.

Ftrade broker uses the spotoption trading platform. The spotoption trading software is a technologically advanced binary options trading platform and it has several interesting features that can help traders minimize the risk associated with binary trading. The website also offers a general oversight of binary options trading with different types of trading options and it is a real game-changer in binary options trading.

Ftrade broker also provides several types of binary options which include high/low, option, ladders option, long term option, 60 seconds option and one touch option. Binary options traders have the freedom to choose form a variety of assets. The assets include twenty types of indices, nineteen types of stocks, twelve types of currencies and seven types of commodities.

Screenshot

Ftrade banking and company information

Ftrade brokerage firm is owned and managed by binext solutions BLR ltd which is a subsidiary of binext global ltd.

Ftrade broker allows the use of various money payment methods like visa, maestro, mastercard, skrill, netteler and bank wire. These money transaction methods are both for depositing and withdrawing.

The minimum deposit amount is $200 and the minimum amount of withdrawal is $100 when a trader is using bank wire. For the rest of the methods, traders can withdraw 50% of the amount of money in their accounts.

The withdrawal process requires that the trader should first provide all the necessary documents for verifying that he or she is the rightful owner of the respective account. This ensures that the traders’ accounts are well secured by ensuring that no other person can access or even withdraw the traders’ funds. After providing the documents needed, the withdrawal takes seven working days for the trader to receive their money.

Additional information

Customer service: emails, live chat and phone
languages: english, arabic and russian
trading options: : high/low, on demand (60 sec), one touch, range
assets: currencies, stocks, indices, commodities
early close: yes
expiry times: 60 seconds, 1 minute, 5 minutes, 2 hours and 24 hours
deposits and withdrawals: visa, maestro, mastercard, skrill, netteler and bank wire
withdrawal time: up to 7 days
demo account: no

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