TradeRush is an established binary option broker and offers trading in currencies, stocks, indices and commodities. The currency pairs are limited compared to other platforms, but offer a significant number of commodities.
Creating an account is easy by filling out the registration form with name, email and telephone number. It will also be necessary to send TradeRush a copy of identification and a utility bill to prove residence. Before a trader can make a withdrawal, verification of identification is required. Trading can begin as soon as the account funding is verified. There is no fee to register an account and the minimum deposit is $200. Withdrawals are processed within 2 to 5 days.
TradeRush offers bonuses and promotions from time to time and will deposit a sum of capital into an account to be used at the account holder’s discretion. It might be a signing bonus or a bonus if the initial deposit is made within 24 hours of setting up an account.
The TradeRush platform Is easy and switching from binary options to a commodity trade is one mouse click away. TradeRush also includes a list of the hottest assets available through the broker. Once your assets are selected, choose Call or Put. Choosing Call means the trader predicts the asset will gain value and a Put means the trader predicts the asset will lose value. The platform will show the potential payout for an asset that finishes in the money and the amount of time left before the trade expires.
TradeRush also offers One Touch and 60 Second options. The One Touch option allows the trader to predict if the asset will or will not touch a certain value above or below its current value before the trade clock expires for that option. The 60 Second options allow traders to run an option for 60 seconds.
TradeRush does not charge a commission on trades and offer payouts between 70 and 81% One Touch payouts can be as high as 700%. There is no refund or partial refund for trades that finish out of the money. Most other brokers return 5 to 15% of options that finish out of the money.
There is no demonstration version of TradeRush available for traders to test drive before opening an account. That is a slight disadvantage as most other platforms provide the trader with a test run before investing any money