Traderush is no longer trading. Please review our Broker comparison list to find the best broker for you.
Traderush is one of the more established online binary options brokers. The company offers ‘one touch’ binary options and often offers higher returns than traditional high/low options. Traderush also offers an option builder service that allows traders to combine the trades they want and offers greater flexibility than other preset binary options. The Pro Trader Tool is another extension of the company’s commitment to helping their clients get the most profit possible.
Traderush offers a good level of trading news, low minimum trades and a recently expanded support base. In addition, they also make sure that as much of this functionality as possible is available on their mobile platforms, for smartphones, tablets and mobile devices. The trading platform is clear and easy to use – but could be updated to reflect some of the progress made in this regard at rival services.
Here are some key details about the Trade Rush brand;
- Demo Account – No
- Minimum Deposit – £200
- Minimum trade – £10
- Signal Service – No
- Bonus Details – Maximum 100% matched deposit .
- Mobile App – Yes, for Android and iOS.
Exchanges
TradeRush provides an easy-to-use platform that allows clients to execute trades quickly.
The trading platform lists option types on the top of the screen through tabs. Below that is the asset selection and view selection. Viewing options allow users to control how many windows they can display at once – meaning multiple assets can be traded at once if desired.
When a trader selects the option type and asset class to be traded, the price chart will update with relevant information.
Traders confirm specific assets via the drop-down list on the left side of the price chart – and then confirm expiry times using the drop-down list on the right. Again, modify each updated data shown in the chart.
On the left side of the chart is a arrowpopularity of YouTube – this illustrates the current trading sentiment for that particular asset, displayed as a percentage. The chart itself tracks recent price movements. To the right of the chart are the trading buttons. The Call and Place buttons are nice and clear, as are the potential payout percentages. Once Call or Call has been selected, a confirmation window will appear, replacing the payout percentage. The confirmation screen is where a trader will confirm the amount they want to invest and the strike price, expiry time and potential payout are also confirmed. Once everything is satisfied, the trader just needs to click on the ‘Apply’ button and the trade will be opened.
It is a very clean and simple trading platform, but it lacks one or two of the features of rival brands. A simple uncluttered trading area is great – but it’s helpful to be able to use some of the ‘nice to have’ features on a regular basis.
The Builder Options is a very useful option. It allows traders to ‘build’ an option that suits their needs. This becomes important for more advanced traders who may want to organize two or three similar trades to manage risk and control payouts.
Trader Selection
TradeRush offers options on forex, commodities, select stocks and indices. Their list of assets to trade is very long, and includes a wide range of listed companies and a comprehensive range of forex options. TradeRush excels in the choice they offer traders.
Payout
TradeRush usually offers a maximum return of 81% on options. This rate can vary depending on the asset and the expiry time. The payouts on 60 seconds binary are very high, compared to other brokers and this is a strength of the brand.
Other features
In addition to low minimum trades and a robust range of markets, Traderush also offers its clients the following features and benefits:
Extensive news resource – Traderush offers daily news across all of its markets, as well as daily rounding.
Option Builder – A great tool for experienced traders to combine the types of trades they want.
Tools trading pro – Provides traders with greater flexibility, plus technical analysis and tools at their fingertips.