Binary Broker Rating Review
TRADER24 RATING REVIEW
Trader24 Rating & Review Performance
| Binary Broker Trading Performance | ||
| ACHIEVED | % | |
| Trader24 Overall Rating | 73.15% | |
| 1.Trader24 Company Reliability | 20.00% | 80.0% |
| 2.Trader24 Competition | 26.75% | 66.9% |
| 2.1 Trader24 Payout Rate | 20.75% | 69.2% |
| 3.Trader24 Trading-Options | 16.90% | 67.6% |
| 3.1 Trader24 Variety of Assets | 11.40% | 63.3% |
| 4.Trader24 Technology | 9.50% | 95.0% |
| 4.1 Trader24 Trading Features | 7.00% | 100.0% |
Compare Brokers: Forex Traders | Oil Traders | Trading Indices | Gold Traders | Stock Traders | US Traders
Trader24 Rating Analysis
Here is Trader24 Full Rating Analysis
| TRADER24 -RATING ANALYSIS | TRADER24 BROKER DATA | ||||
| MAX RATING | 100.0% | 73.15% | TRADER24 ANALYSIS | ||
| 1. BINARY BROKER RELIABILITY | 25.00% | FACTOR-1 ANALYSIS | CALCULATION METHOD | 20.00% | Trader24 Credibility Analysis |
| 1.1 Trader24 Headquarters Base | 10.00% | General Offshore = 0.0%, British Virginia Islands = 3.0%, Cyprus = 6.0%, Ireland, Australia = 8%, USA, UK, Germany, France, Switzerland = 10.0% | Selection | 6.00% | Trader24 Home Base is in Cyprus = 6.0% |
| 1.2 Trader24 Years in the Market | 8.00% | 0-1 Years = 0.0%, 1-3 Years = 4.0%, 3-5 Years = 6.0%, 5+ Years = 8.0% | Selection | 6.00% | Trader24 was found in 2010, 3-5 years = 6.0% |
| 1.3 Trader24 Platform Security (Encryption) | 4.00% | Platform SSL Encryption 128 bit = 3.0%, 256 bit = 4.0%, No SSL Encryption = 0% | Selection | 3.00% | Trader24 Offers 128 bit SSL encryption = 3.0% |
| 1.4 Trader24 Customer Service Quality | 3.00% | 24/7 = +1.0%, 24/6 = +0.5%, 24/5 = 0%, eMail = +1.0%, Phone = +1.0%. Live Chat = +1.0%, Skype = +1.0% | Accumulation | 3.00% | Trader24 provides 24/7=1%, Phone=1%, Live Chat=1%, Total = 3.0% |
| (+) Adjustments:-Note that Factor-1 max rating = 25.0% | |||||
| 1.5 Trader24 Level of Regulation | (+5% max) | FSC (BVI) = +1.0%, CYSEC = +3.0%, CBI = +4.0%, ASIC = +4.0%, BaFIN = +5.0%, FSA (UK) = +5.0%, FINMA = +5.0% | Adjustment | 0.00% | Trader24 is not yet Regulated |
| 1.6 US Traders | (+2% max) | Yes = +2.0% or No = +0% | Adjustment | 2.00% | Trader24 welcome US Residents = +2.0% |
| 2. TRADER24 BROKERAGE COMPETITION | 40.00% | FACTOR-2 ANALYSIS | 26.75% | Trader24 Competition Analysis | |
| 2.1 Trader24 Deposit Bonus | 8.00% | Bonus > 40% = 8.0%, >35% = 7.5%, >30% = 7.0%, >25% = 6.0%, >20% = 5.0%, >15% = 3.0%, >10% = 2.0% | Selection | 3.00% | Trader24 Offers Bonus up to 15% = 3.0% |
| 2.2 Trader24 Commissions on Deposits / First Month Withdrawal | 2.00% | Yes = 0 or No = 2.0%, One Free Withdrawal per month = 1.0% | Selection | 0.00% | Yes, Trader24 charges Commissions = 0% |
| Trader24 Payout Rate | |||||
| 2.3 Max Payout Rate | 20.00% | Max Payout Rating = (Max Payout Rate) x 2} / 10 | Actual | 14.00% | Trader24 Max Payout Rate is 70% = Rating 14.0% |
| 2.4 Average Payout Rate | 10.00% | Average Payout Rating = (Average Payout Rate) / 10 | Actual | 6.75% | Trader24 Average Payout Rate is 67.5% = Rating 6.75% |
| (+) Adjustment: -Note that {2.3 + 2.4} max rating = 30.0% | Adjustment | ||||
| 2.5 Trader24 Refund Rate | (+5% max) | For Refund 15% = +5%, Refund 10% = +3.0% and Refund 5% = +1.5% | Adjustment | 3.00% | Trader24 Refund Rate is up to 10% = Rating 3% |
| 3. TRADER24 TRADING OPTIONS | 25.00% | FACTOR-3 ANALYSIS | 16.90% | Trader24 Trading Analysis | |
| Asset Index {max rating=18%} | |||||
| 3.1 Trader24 Forex Currencies | 4.00% | (Number of Currencies / 10) %, max=40 Currencies | Selection | 1.30% | Trader24 offers 13 Forex Currencies = 1.3% |
| 3.2 Trader24 World Stocks | 4.00% | (Number of Stocks / 10) %, max=40 Stocks | Selection | 1.60% | Trader24 offers 16 Stocks = 1.6% |
| 3.3 Trader24 World Indices | 4.00% | (Number of Indices / 5) %, max=20 indices | Selection | 4.00% | Trader24 offers 22 Indices = 4.0% |
| 3.4 Trader24 Gold / Metal Trading | 3.00% | Gold Trading = 2.0%, any other Metal = +1.0% | Accumulation | 3.00% | Trader24 Offers Gold Trading = 2%, Silver Trading = 1%, Total = 3.0% |
| 3,5 Trader24 Oil Trading | 1.50% | Oil Trading Available Yes = 1.5%, No = 0% | Selection | 0.00% | Trader24 doesn't Offer Oil Trading = 0% |
| 3.6 Trader24 Commodities Trading | 1.50% | Commodity Trading Available {Sugar, Wheat etc} = 1.5%, No = 0% | Selection | 1.50% | Trader24 Offers Sugar and Coffee Trading = 1.5% |
| (+) Adjustment: | |||||
| 3.7 Trading Index Variety Points | (+3.0) | If Trading more than 50 assets = +1.5% and if more than 100 assets = +3.0% | Selection | 1.50% | Trader24 trades more than 50 assets = 1.5% |
| More Trader24 Trading Options | |||||
| 3.8 Trader24 Demo / Practice Account | 3.00% | Demo Account Yes = 3.0% or No = 0% | Selection | 0.00% | Trader24 Doesn't offer a Demo Account = 0.0% |
| 3.9 Trader24 Number of Deposit Methods | 2.00% | For each deposit method available = 0.5%, max = 4 methods | Accumulation | 2.00% | 4+ methods available by Trader24 = 2.0% |
| 3.10 Trader24 Number of Withdrawal Methods | 2.00% | For each deposit method available = 0.5%, max = 4 methods | Accumulation | 2.00% | 4+ methods available by Trader24 = 2.0% |
| 4. TRADER24 BINARY TECHNOLOGY | 10.00% | FACTOR-4 ANALYSIS | 9.50% | Trader24 Technological Analysis | |
| 4.1 Trader24 Up & Down Options | 2.00% | Yes = 2.0% or No = 0% | Selection | 2.00% | Trader24 Offer Up & Down Options = 2.0% |
| 4.2 Trader24 One Touch / Boundery Options | 2.00% | Yes = 2.0% or No = 0% | Selection | 2.00% | Trader24 offers One Touch Options = 2.0% |
| 4.3 Trader24 Rollover Feature | 1.50% | Yes = 1.5% or No = 0% | Selection | 1.50% | Trader24 offers Rollover Feature = 1.5% / Trader24 doesn't Offer the Rollover Feature = 0.0% |
| 4.4 Trader24 Early Closure | 1.50% | Yes = 1.5% or No = 0% | Selection | 1.50% | Trader24 Offers Early Closure = 1.5% |
| 4.5 Trader24 Mobile Devices Supported | 3.00% | iPhone=1.5%, Android=1.5%, Any other Device = +1.0% (iPad, Windows Mobile, Blackberry) | Accumulation | 2.50% | Trader24 provides applications for iPhone and iPAD = 2.0% |
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Trader24 Rating Summary
Here is Trader24 Rating summary
| TRADER24 RATING SUMMARY | ||
| Binary Broker Rating Analysis | ||
| MAX | ACHIEVED | |
| 1.Trader24 Reliability | 25% | 20.00% |
| 2.Trader24 Competition | 40% | 26.75% |
| 3.Trader24 Trading-Options | 25% | 16.90% |
| 4.Trader24 Technology | 10% | 9.50% |
| Overall Rating | 100% | 73.15% |
Trader24 Rating Review
■ BinaryValue.com (2013)
