Information about the broker

Although Cherry Trade is relatively a novice in the market of Binary Options Trading – only since 2013 – it has an excellent track record as a Binary Option Broker – and has been innovative in it’s approach and very serious about the services they offer. One of their most innovative products has been the iFollow. This product allows Traders to follow and place trades alongside the most successful and profitable traders on the Cherry Trade Platform. This is certainly a big advantage for novice traders, who can emulate the performance of established traders. Although Cherry Trade is not currently regulated in Europe, they have been adhering to Regulation Standards, and will be coming into the market by 2015 with products which are regulated by CySec.


Cherry Trade offers 100+ assets in four markets that include currency pairs, indices commodities and the leading stock market names. Verification of Identity: Required. No withdrawals are allowed without verification of Identity. Bonus: 100% for Beginners: Word of warning. Read the fine lines when accepting bonus, and feel free to ask your dedicated Manager what the implications of accepting a Bonus are. Most Brokers will require a minimum volume of turnover before you can withdraw your profits. Ensure that you know what this turnover will be before committing to receipt of a bonus.

[Read full review on Cherry Trade here]




    1. Hi Tom. Yes most white label brokers are using the same software which is supplied by Spot Option. You will find other brokers such as Cherry Trade and GTOptions having exactly the same platform. That does not automatically make the brokers regulated. It just means that they are using the same platform. If you wish to be sure that you are using a regulated broker, please visit our recommended broker list. Since you are in Germany, make sure that you use a Regulated Broker – regulated by CySec


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