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Tradonex Review 2024

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Tradonex Review 2024
Copy Trading Risk free trades Personal success manager
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Investing and trading in financial markets such as the stock exchange, forex, digital currencies in the form of spot or with leverage face a high inherent risk. According to the statistics of all exchanges and brokers, more than 75% of people lose!

Overview
Company:Tradonex
Founded:2020
Regulation:
OTC:
Forex Trading:
Assets:15
About
Tradonex is a binary options trading platform with accounts at different levels and a minimum transaction of 1 cent. Established in 2020, its reliability is questioned due to its limited experience. In the following article, we will review this broker.
Contact
Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands MH96960
Rank and Score
Account Types
Markets
Account NameMin DepositMax Return
Account NameDemoMin Deposit$0Max Return0%
Account NameECNMin Deposit$1000Max Return98%
Account NameStandardMin Deposit$250Max Return98%
Account NameMicro (Cent)Min Deposit$100Max Return98%

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
Tradonex is a Binary Options broker, located in Marshall Islands.

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

Tradonex Account Types
Tradonex Offers 3 Accounts to Trade in Binary Optionss Market.

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:

  1. Go to “Tradonex.io” and click on “Sign up” button.
  2. Fill the registration form with your email, password, Name, Surname, phone number and preferred account currency.
Tradonex registration form
Tradonex Registration form should be filled with email, password, name, surname, phone number and account currency.
  1. Activate your profile in the Account section.
  2. 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:

Spread

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 Deposit & withdrawal methods
VISA/Mastercard, Cryptocurrencies, Neteller and Skrill are the payment methods of Tradonex.

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 Trustpilot
There are no reviews for Tradonex in Trustpilot.

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.

FAQs
Where is Tradonex office?

Tradonex’s office is located in Marshall Islands.

What is the minimum deposit on Tradonex?

The minimum deposit starts at $100 for a Bronze account but varies by account type.

Does Tradonex offer a demo account?

Yes, Tradonex provides a demo account with virtual funds for practice. 

What is the maximum payout on Tradonex binary options?

Tradonex offers payouts of up to 98% on successful trades, depending on the Asset and account type.

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