Tradonex is a platform for Binary Options trading with a minimum transaction of 1 Cent. There are three accounts [Bronze, Silver and Gold] on Tradonex Binary. But wait, can you trust a broker with less than 5 years of experience [established in 2020]? In this article, we will answer this question and discuss Tradonex reviews.
Tradonex Company Information
Tradonex is operated by Tradonex LTD, a company based in the Marshall Islands. In Tradonex Binary, payouts are up to 98% and minimum deposits are $100. Here are some key points about the company:
- Customer service is available 24/7;
- Minimum trade is just 1 Cent;
- Tradonex Binary offers risk-free trades and personal managers;
- Minimum withdrawal in Tradonex is $20.
Summary of Details & Specifics
Tradonex offers Binary Optionss trading, a financial derivative that allows traders to make all-or-nothing bets on asset price changes or event outcomes. But it’s not the same as other Binary Options brokers; Tradonex specifics:
Broker | Tradonex |
Account Types | Bronze, Silver, Gold |
Establishment Year | 2020 |
Trading Platforms | Exclusive platform |
Maximum Return | 98% |
Minimum Deposit | $100 |
Base Currencies | USD, RUB, GBP, EUR |
Deposit Methods | VISA/Mastercard, Crypto, Neteller, Skrill |
Withdrawal Methods | VISA/Mastercard, Crypto, Neteller, Skrill |
Minimum Trade amount | $0.01 |
Maximum Trade Amount | Not specified |
Tradable Assets | CFD, Binary Optionss |
Investment Options | Copy Trading |
Bonus | 20, 50, 100% |
Spreads | $1 at least |
Commission & Fees | No Fees for withdrawals, 2 to 25% fee on winning trades |
Maximum Leverage | Not Provided |
Affiliate Program | Yes |
Trading Features | Copy Trading, Risk free trades, Personal success manager |
Inactivity Fee | Not Specified |
Customer Support Ways | Ticket |
Customer Support Hours | 24/7 |
Account Types
There are 3 accounts available in Tradonex, And interestingly, not only the names but also their specifications are the same as the trading accounts of Daxbase and VideForex Binary brokers! Tradonex Account types:
Bronze | Silver | Gold | |
Minimum Deposit | $100 | $1000 | $3000 |
Demo Account | Yes | Yes | Yes |
Master Class webinars | No | Yes | Yes |
success manager | No | No | Yes |
Support | 24/7 + Live video chat support | 24/7 + Live video chat support | 24/7 + Live video chat support |
Withdrawal Duration | 1 Hour | 1 Hour | 1 Hour |
Copytrade | Yes | Yes | Yes |
Bonus | 20% | 50% | 100% |
How to Open Account in Tradonex Binary Options Broker?
Opening an account in Tradonex can be done in 1 minute if you Follow the step-by-step guide; Tradonex Binary sign up:
- Go to “Tradonex.io” and click on “Sign up” button.
- Fill the registration form with your email, password, Name, Surname, phone number and preferred account currency.
- Activate your profile in the Account section.
- Fund account and start your journey in Binary Optionss trading.
Bonus
Like VideForex and Daxbase, Tradonex offers users 20, 50, and 100% deposit bonuses. Tradonex Binary deposit bonus:
- Bronze: 20% bonus on deposit;
- Silver: 50% bonus on deposit;
- Gold: 100% bonus on deposit.
In addition to deposit bonuses, Tradonex holds weekly tournaments with prizes of $20,000 and 40 winners each week. However, at the time of writing, there were no winners in the contest leaderboard!
Commission and Fees
Understanding Tradonex's fee structure is crucial for managing your trading cost; Tradonex fees:
Withdrawal Fee | Winning Trades Fee | ||
Bronze Account | $1 at least | No | Varies between 2 to 25% |
Silver Account | $1 at least | No | Varies between 2 to 25% |
Gold Account | $1 at least | No | Varies between 2 to 25% |
Personal Cabinet on Tradonex Binary Options Broker
The Tradonex personal cabinet provides a user-friendly interface for traders to manage their accounts, trade and access various features:
- Balance: Display current account balance;
- Equity: Show real-time equity including open trades;
- Open Trades: View details of currently open trades, including assets, entry prices, and expiry times;
- Closed Trades: Historical data of closed trades, including profits or losses;
- Pending Orders: Information on any pending orders;
- Deposit Funds: Options to add funds to the trading account via payment methods.
- Withdraw Funds: Request withdrawal of funds and manage withdrawal history;
- Charts and Analysis: Access to technical analysis tools, charts, and market data.
Tradonex Binary Platform Available Indicators and Oscillators
In Tradonex reviews we noticed that this broker offers a good range of technical indicators and in its Proprietary trading platform; Tradonex indicators and oscillators:
- Moving Averages (MA);
- Relative Strength Index (RSI);
- Bollinger Bands;
- MACD (Moving Average Convergence Divergence);
- Stochastic Oscillator.
By combining these indicators, traders on the Tradonex platform can enhance their market analysis and make more informed trading decisions.
Tradonex Deposit & Withdrawal Methods
Tradonex Binary uses several methods for depositing and withdrawing, each with its own specific. Tradonex Deposit and withdrawal methods:
Method | Regions covered | Transfer fee | Funding time | Withdrawal time |
VISA/Mastercard | All | 5% | Instant | Up to 6 Hours |
Cryptocurrency | All | No Fee | Instant | Up to 6 Hours |
Neteller | All, except North America | Not Specified | Instant | Up to 1 Hours |
Skrill | All, except North America | No Fee | Instant | Up to 1 Hours |
Tradonex Copy trade and Social Trading Overview
Tradonex supports copy trading where you can copy other traders’ positions. Tradonex copy trading features:
- Automatically replicate trades of successful "provider" traders
- Access expertise without extensive research
- Requires less time commitment
- Less control and learning opportunity than social trading
Despite CopyTrade, Tradonex does not support Social Trade service.
Tradonex Trust Scores
In Tradonex reviews, we found no reviews of Tradenax on reputable websites such as Trustpilot and Reviews.io.
Tradonex Support
In 2024 and the era of services, the only way to support Tradenox is Ticket! it is claimed that the support of this Binary Options broker is active 24/7, but one of the users' complaints is the significant delay in the support response.
Trading Finder Writer's Opinion and Conclusion
Tradonex is a Binary Optionss broker established in 2020. Despite its attractive features, including 98% payout, it has significant disadvantages. Tradonex Binary does not perform appropriately in support, does not offer social trade, and does not provide proper transparency. To progress and compete with brokers such as Pocket Option and Expert Option, Tradonex has no choice but to improve its services.
