Best Options Broker 2020!
Great Choice For Beginners!
Free Trading Education!
Free Demo Account 1000$!
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Only For Experienced Traders!
In the process of CySEC regulation
US Traders not Allowed
|Regulated:||In the process of CySEC regulation|
|Min Trade Amount:||$10|
|Max Trade Amount:||$5000|
|Bonus:||$5,000 Deposit Bonus|
|Number of Assets:||72|
|Free Demo Account:|
|Types of assets:||Stocks, Indices, Currencies, Commodities|
|GTD Stop Loss:|
|Option Types:||High / Low, One Touch, Option Builder, Meta Charts|
The business is operated from the financial district of Limassol, Cyprus. A white-label partner of SpotOption Ltd, Edbruke Investments Ltd owns the TradeRush brand, even though the day-today operations is managed on their behalf by 247 Holdings Ltd.
The TradeRush brand was launched back in 2020 and they have an excellent reputation from their clients. They process withdrawals very quickly, offer excellent customer support and provide a good range of features and market review content. Although TradeRush isn’t yet regulated, they are in the process of gaining CySEC regulation so this shouldn’t stop you from signing up.
Payouts and Expiry Times
The payouts for the various trades used on this platform are as follows:
a) Up/Down trades: The payout for the Up/Down bet type is between 65% and 80%. This correlates with the settings for the loss return on each trade.
b) The One Touch bet has a weekly expiry and a payout of 500% if the bet is successful.
c) For the OptionBuilder and 60 seconds trade types, the returns on each trade is between 65% and 80%.
d) The OptionPro trade has a variable payout which is determined by if the Early Closure option is exercised and the time remaining to expiry when this function is used.
TradeRush Bonuses and Promotions
Here is what TradeRush offers in terms of bonuses.
a) Special Bonuses: For those who open trading accounts with using the affiliate link on the Intellitraders website, a no-deposit bonus worth $100 is now available.
Best Options Broker 2020!
Great Choice For Beginners!
Free Trading Education!
Free Demo Account 1000$!
Get Your Sign-Up Bonus Now!
Only For Experienced Traders!
b) Welcome bonuses are applied according to account type. Deposits of $200 to $1000 get 35% bonus on deposits while traders who deposit up to $5000 receive 50% bonus.
Asset Index and Expiry Times
TradeRush offers more of its assets in the stocks category, and just a few in other categories. The tradable assets are:
– Commodities: Sugar, coffee, cotton, wheat, corn, gold, Platinum, silver.
– Currencies: AUDUSD, EURGBP, EURJPY, EURUSD, GBPUSD, USDBRL, USDCAD, USDCHF, USDJPY, USDRUB, USDSGD, USDTRY, USDZAR.
– Indices: Straits Times (Singapore), IBEX (Spain), CAC (France), FTSE (UK), Dow, DAX, MSM30, Tadwul, DSM20, Hang Seng, S&P500, Nikkei255, ISE30, Dubai Financial Market Index, SSE180.
– Stocks: Amazon, Apple, BAE systems, Barclays, BP (British Petroleum), Citi, Coca Cola, Gazprom, Google, HSBC Holdings, Lukoil, Microsoft, Nike, Reuters, Rolls Royce, Sberbank, TATA motors, Turkcell.
A mobile trading application for the iPhone exists to trade binary options on TradeRush. Some forex platforms are working on an advanced development to enable their traders trade TradeRush binary options from MT4.
There is a market sentiment button that aids traders gauge market bias for the assey they want to trade. TradeRush also offers line charts to monitor active trades and also acts as a rudimentary tool for technical analysis for experienced traders.
There is a news tab for fundamental traders to monitor market events with.
Deposits and Withdrawals
For deposits and withdrawals on TradeRush, the following payment methods exist:
1) Bank wires must deposit a minimum of $200. A $30 fee is charged for transfers that are lower than this amount. Withdrawals using wire transfers are charged $30.
3) These credit card brands are accepted: MasterCard, VISA, American Express, Maestro, and Diner’s Club.
The minimum deposit is $200 or 200 GBP/Euros irrespective of the payment channel used.
Maximum deposit limits on TradeRush are $10,000 for credit cards, $5000 for Moneybookers and unlimited amounts for wire transfers.
Credit card verification must be carried out before using the credit card option. Send a government issued photo ID and scanned copies of the front and back of the card with the last 4 digits blocked off.
The minimum withdrawal amount for bank wires is $100 but $30 for all other payment channels. Card withdrawals and wthdrawals using Moneybookers are free. Only one free withdrawal is permitted per month.
Customer support on TradeRush can be reached in the following ways:
UK Toll Free – 0-808-189-1458
Overall, TradeRush has become one of our favourite binary options brokers. Even though they stopped accepting US clients back in 2020 (as part of the process for becoming a regulated broker), they’ve offered an excellent service over the years with very little complaints. This is unlike other brands such as GTOptions, LBinary and Banc de Binary, which have all received several withdrawal complaints over the years.
The TradeRush platform is easy to use, customer support is available 24/7 and you shouldn’t have any issues withdrawing your profits. The payouts, range of assets and expiry times are also very good here.
GlobaTradeRush Review – is globatraderush.com scam or good binary options broker?
Trading Accounts and Conditions
|Account type||Min. deposit||Min. bet size||Payout|
|Standard||$300||$10||up to 95%|
GlobaTradeRush is a binary options broker, which basically acts as a portal website for Pocket Option. Although the trading conditions of this provider might seem attractive, we actually spotted a lot of worrisome signs regarding GlobaTradeRush. You may find them in our detailed review below, along with some possible benefits of this broker (in case it is not a fraudster).
As advertised on their website, the maximum payout with GlobaTradeRush is as high as 95%, which is pretty generous. Most binary options brokers offer payout of about 85% for the benchmark EURUSD pair.
Note that betting on binary options involves a lot of chance, so if you prefer to have more control over your trades, you may check our list of recommended forex brokers offering low and attractive spreads:
A lot of financial instruments and payment methods available
According to the information on its website, GlobaTradeRush offers trading in more than 100 assets, including currencies, stocks, indices, commodities, and cryptocurrencies.
Besides, apart from standard payment methods such as credit / debit cards and bank wire, GlobaTradeRush supports wide range of e-payment systems. These include Skrill, OK Pay, QIWI, Perfect Money, Payeer, Payza, Alipay, Neteller, GiroPay, AdvCash, CashU, Sofort, FasaPay, WebMoney, ePay, and UnionPay/ On top of that clients can even use digital assets such as Bitcoin, Ethereum, Litecoin, Monero, Zcash, Ripple, Dash and Bitcoin Cash to make deposits to and withdrawals from their trading accounts.
Not licensed, despite the claims
GlobaTradeRush is a trading name of Gembell Limited, Mrshall Islands-registered company. They claim to hold a license by the International Financial Market Relations Regulation Center (IFMRRC), which, however, is not an official financial regulator. What is worse, the IFMRRC’s website does not even feature a company name, so we can safely conclude that it is just an anonymous website issuing dubious certificates to offshore brokers.
We would also like to remind you that binary options trading is banned in many jurisdictions for investor protection concerns. More recently it was prohibited across the EU by the pan-European regulator, ESMA.
Possibly part of a serial scam
As we said in the beginning, GlobaTradeRush actually acts as a white label of Pocket Optiion, and the company behind them, Gembell Limited., operates DigitalTradeFX, BinomoFX, and TradeHash. When you look at the websites of those brokers, it becomes clear not only that their trading conditions are identical, but they also have one and the same lay-outs.
Considering that these all operate illegally, we can safely conclude that GlobaTradeRush is a part of a serial scam operated by the offshore company Gembell Limited.
Strange web platform, MT4 not supported
The web trading interface GlobaTradeRush uses is actually quite disappointing. In fact, id does not feel like a trading platform at all, but more like a cardboard cut-out with charting powered by TradingView. Here is a screenshot:
GlobaTradeRush’s web trading platform. Click to view larger.
This web trading interface cannot be compared to the classical trading solutions like the MetaTrader4. The MT4 is highly praised by the trading community for its ease of use, reliability and useful functionalities.
Relatively high initial deposit
To start trading with GlobaTradeRush, you need to invest at least $300, while most brokers require something in the range of $100 – $250.
GlobaTradeRush is a shady binary options broker that seems a part of a serial scam operated by offshore company Gembell Limited.
As always in such cases we will advise you to avoid GlobaTradeRush, as well as any other unregulated broker, and trade only with brokers, authorized by reputable financial regulators, such as the FCA in the UK, ASIC in Australia or CySEC in Cyprus.
Let’s sum up the positive and negative sides of GlobaTradeRush in a few words:
|Attractive payouts (allegedly)||Not regulated, despite the claims|
|Many tradeable assets & payment methods||Possibly part of a serial scam|
|MT4 not available|
|Relatively high initial deposit|
FXTM a regulated forex broker (regulated by CySEC, FCA and FSC), offering ECN trading on MT4 an MT5 platforms. Traders can start trading with as little as $10 and take advantage of tight fixed and variable spreads, flexible leverage and swap-free accounts.
Trading212 is a European broker with an excellent proprietary trading platform, which is now available as an iPhone app as well (we tried it out and we loved it). Trading 212’s customers enjoy fast execution a vast selection of trading instruments.
XM is broker with great bonuses and promotions. Currently we are loving its $30 no deposit bonus and deposit bonus up to $5000. Add to this the fact that it’s EU-regulated and there’s nothing more you can ask for.
FXCM is one of the biggest forex brokers in the world, licensed and regulated on four continents. FXCM wins our admirations with its over 200,000 active live accounts and daily trading volumes of over $10 billion.
FxPro is a broker we are particularly keen on: it’s regulated in the UK, offers Metatrader 4 (MT4) and cTrader – where the spreads start at 0 pips, Level II Pricing and Full Market Depth. And the best part? With FxPro you get negative balance protection.
FBS is a broker with cool marketing and promotions. It runs an loyalty program, offers a $100 no-deposit bonus for all new clients outside EU willing to try out its services, and an FBS MasterCard is also available for faster deposits and withdrawals.
FxChoice is a IFSC regulated forex broker, serving clients from all over the world. It offers premium trading conditions, including high leverage, low spreads and no hedging, scalping and FIFO restrictions.
HotForex is a EU Regulated broker, offering wide variety of trading accounts, including Auto, Social and Zero spread accounts. The minimum intial deposit for a Micro account is only $50 and is combined with 1000:1 leverage – one of the highest in the industry.
Notice: TradeRush is now TRBinaryOptions. Please check the updated review – TRBinaryOptions Review.
Editor’s Note – Why does TradeRush Suck in 50 Words
As we promised our readers, we’ve been tracking TradeRush progress and the results are positive – TradeRush is making progress but is still not a broker we have a lot of faith in. We have come up with one nagging problem the site just can’t seem to shake; repeated complaints of screen freezing and other glitches that affect trade outcomes.
Why doesn’t TradeRush Suck in 50 Words
TradeRush has great trading tools and even better trading options and since inception they have made great improvements. This is mainly because of their partnership with the SpotOption platform, but these advantages are only the minimum requirements to become a reputable broker.
TradeRush Review – Rushing Nowhere
TradeRush is a standard binary options broker based on the original SpotOption platform. The brokerage was launched in 2020 and is owned by Marblestone Partners Ltd., a company located at 1A Arcade House, Temple Fortune, London, UK, NW11 7TL, Company No. 09205858. They are not regulated and this is a big minus. TradeRush was listed in many review sites as a refreshingly innovate binary options broker and the ongoing updating of this broker’s site is an example for many other new binary options brokers. TradeRush platform is based on SpotOption 100% web based platform so there is no need for any software to be downloaded.
TradeRush offers its customers fair In-the-Money returns but the main advantage of the platform lies in the extra features. The platform supports a wide array of expiry ranging from 60 seconds to 6 months, but there are many others- One Touch options for weekend trading, Option Builder which allows you to pick risk/reward ratios and Pro trader for advanced traders and interactive charts. The asset list is fairly extensive, like most other SpotOption labels. There are over 150 indexes, commodities, forex pairs and stocks. These are matched by several types of options including the standard high/low binary, One Touch and 60 Second speed trading. However, it seems like the returns do not match the other features in their quality. The maximum profits are around 75%, average to low compared to the biggest and most respected brokers.
Overall the brokerage has a mediocre feel about it, without something special that could attract people to deposit. The features they offer can be found with other brokers and the fact that TradeRush is still not regulated in August 2020 makes me say that you are probably better off joining another company, possibly one of our Recommended Brokers.
Is TradeRush a Scam?
TradeRush does not feel like a scam but we here at BOTS have found enough wrong to not recommend them. The withdrawal procedure has been a nagging problem with this broker for some time and is a leading cause of complaints. Adding to this the fact that it is not regulated lowers its standing. However, the number one thing we find wrong with the platform is a common problem reported by its users; the platform freezes, pauses, locks up and other glitch type issues that impede trading and lead to losses. Company is not yet regulated and this raises more questions, considering that they have been around since 2020 so they had plenty of time to seek regulation. Update August 2020: Through the passing of time they did not improve much, however we feel like TradeRush is not a scam, just an out-of-date broker.
In ThatSucks.com (former BinaryOptionsThatSuck.com) we do the research! While searching the web for any information regarding TradeRush we came across many complaints, mostly the usual “they didn’t give my money back” ones which every broker gets. Some of the other complaints were people who were offered a demo as they deposit but then, instead of any demo, they received tons of trading guides and were told to read them in order to learn. Many of them claimed to have lost their money in the end. The complaint that most troubles me, and one that I say several times, is that the platform freezes in mid trade causing you to lose out or miss profitable opportunities.
TradeRush offer bonus factors of up to 100%, quite a lot and maybe even unnecessary, I will let the traders decide. Other than that, the bonus factor is fair. Depending on which bonus you take there will be a minimum trade volume of 20, 30 or 40 times bonus + deposit. a lot.
Some sites only talk about deposit, On thatsucks.com we are not worried about that because we know deposit is easy. Here the most important part we care about, which could also be seen as the most important thing in binary options – is withdrawing your profits. Withdrawals can be made to CC, bank wire or MoneyBookers. The minimum withdrawal is only $30. Most withdrawals are free, but there is only one free wire transfer each month, after that each costs $30. Typical withdrawal will take up to 7 business days, or nearly two weeks.
There is not much to set TradeRush apart from other brokers. It is just a standard SpotOption white label and like the other 200 or so of them out there. In you are looking for extra features, special additions, unique offerings or service above the norm this is not the place to find it.
User Friendly 18/20
TradeRush platform is a 100% web based SpotOption platform, with no need for any software to be downloaded. TradeRush website is pretty modern, navigating is easy, trading experience is good except for random screen pauses and most information is quickly available. The trading area has only problem- in order to view information about a specific asset, a trader should go to the asset index and then click on the asset for information. Available in 6 languages including English.
No. of Assets and Expiry time 19/20
There are over 125 assets to trade including stocks, indices, commodities, forex and pairs. TradeRush overall amount of assets is fair, average compared to most other brokers. TradeRush expiry times are fairly wide during the day, starting from 60 seconds until the end of the day for most assets and out to tomorrow, end of the week, next week, end of the month and on out for up to 6 months on some heavily traded assets.
Commissions, Support and Effective return 14/20
TradeRush doesn’t charge any fees or commissions from investors when they first deposit or purchase options. Withdrawals are charged $30 after more than one transaction per month, or if the withdrawal is via wire transfer. TradeRush support is available via only 2 international numbers- USA or UK, or via email. The live chat service is just OK and available quickly during most hours of the day (less on traffic hours). The effective return is among the average-low in the industry- 65-75% In-The-Money with a 70% average return for most assets. The Out-of-Money refund is average, between 0-10%.
Deposit, Payment and Bonus 16/20
TradeRush Minimum deposit is average – 200$ or 200€. Deposit is available via C.C., Wire transfer, Cash-U and more. Withdrawals are generally available via the same methods with certain charging fees. Traderush usually offer a bonus of up to 30% to new customers. Just recently TradeRush decided to increase the Bonus percentage with a great 100% bonus for bigger investments (500$+). Most withdrawals, after clearing bonus requirements, will take about 2 weeks to process and clear into your account.
Website Extra’s 13/20
Traderush would have some unique features, if it wasn’t one of hundreds of other SpotOption white labels. Overall, there’s nothing unique to this broker, but the spotoption’s technology covers for it.
TradeRush Overall Rating: 80/100
I am In South Africa and was introduced to Trade rush by Lisa Powell – I deposited an amount of $200 and in a month the account had ballooned to $420000 – now I wanted to withdraw half of the money and was told to pay. Withdrawal permit and broker permit as per below.
However you are required to obtained two documents before your funds can be transferred to you.
Below is the breakdown of the cost of both documents.
1. Withdrawal permit: 10000 USD
You can make the payment via bank wire or bitcoin and thereafter send a scanned copy of the receipt of your transfer for confirmation purpose.
PLEASE NOTE: you are only making payment once for this documents being that you are making a withdrawal for the first time and you don’t have to pay for every other withdrawal.
I told them that I don`t have that kinda cash and they came back and said that I must pay $5000 and they will give me half of the profit. I think this is is a scam
I invested wth 24trade rush… Guess what thy tell me when I have to withdraw my profit… I need to pay 10% of tax before I can get my money…. Which I’m surprised how can tax company ask me to pay 10%,instead of them taking Frm my profit
Trade Rush, now called TR Binary is a scam. Do not get sucked in by it.
hello I am new trade inhttps://www.traderush.com, I think this is not good broker option. have much manipulation. 30-09-15 I am trade PUT EURUSD. and I GET 1.10693 ?? when eurusd LOW 1.10693 in 30-09-2020? I am trade long term. one month.
I wouldn’t waste your money with this company, I was talked into making a long term investment by one of there brokers Jacob stern,and he lost all my investment I wished I’d followed my instincts but learnt the hard way .. stay away trust me plus there a blacklisted company. .
hello wayne can you reply?
I have tried to withdraw my funds from TradeRush. Unfortunately I accepted a bonus 18 month ago.
don’t know what’s all that hassle for… good broker, i’ve been trading over 1 year, done withdrawal, all good. don’t make millions, but all good!
TRADERUSH is a SCAM please take care of it , I have an account , but can not get it
It is quite understandable for skilled traders to feel frustrated and cheated when applying their skills to predicting imminent price direction through binary options platforms such as provided by TradeRush. Unfortunately, 90% of the complaints I’ve read on review sites about TradeRush have proven to be substantiated by my own experience and evidently many others.
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