Trade Thunder is a binary options broker that was started in the year 2015. The broker is powered by the Bx8 platform from Leverate. Leverate is well-known name throughout the forex trading industry and offers solutions for many trading services.
Registrations for accounts in the United States and the United Kingdom are accepted as well as from traders from other countries. As there are few traders who offer services to citizens of the United States, Trade Thunder is a broker worth considering if you reside in the U.S.
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Trade Thunder offers an easy to use platform. The website is completed in red, black, and white, which makes it easy to see. The homepage of the site is clutter free as there are simply a few tabs about various options available as well as your login information.
One of the prominent features of the site is the support options. The live chat option is located on the right side of the website. There is also a call back feature that is available for traders. This makes it easy to get the support that you need for your account when you need it.
A demo account is available for those who wish to try out the broker before making an investment. However, unlike some of the other brokers that offer a demo account without registration, in order to try out the demo account with Trade Thunder you will have to open an account.
Trade Thunder focuses solely on one of type of binary options trading, the high/low options. With the focus on this type of option, the payouts for the site are quite high with reports of up to 90% of the amount invested. This is a high payout and is on par with some of the best in the industry.
Another thing that makes Trade Thunder different is that the lowest investment amount is $1. This is the lowest in the industry and is great for those individuals who are on a stricter budget or traders who are new to the world of binary options and want to learn more about these types of trades without investing a lot of money during the learning process.
For those who prefer fast trading, 60 second options are available. Professional traders will find that there are a number of assets that can be accessed through Trade Thunder. Expiry times of 5, 15, 30, and 60 minutes are available as well. This shows that the broker is focused on traders who are looking to exit fast from the trades that they make. There are no long term options available through Trade Thunder.
Trade Thunder offers an easy to use signup for new customers. To sign up for an account you will need to provide your name, email, date of birth, country of residence, address, and currency choice.
There are several account choices from which to choose.
One of the main issues that people have with Trade Thunder is the lack of a license. Since there is no mention of a license on the website it can only be concluded that the broker operates without any type of license.
Another concern is that the company seems to focus its attention on traders from the United States and the United Kingdom. Traders from other countries will find that the services are not as good when compared to some of the other worldwide brokers that are currently available.
Another potential drawback of Trade Thunder is that the broker focuses on quick trades with the longest expiry time being 60 minutes. This makes the site unrealistic for long term traders.
Overall, Trade Thunder provides some clear advantages over other brokers, especially for traders in the United States as there are very few brokers who accept traders from the country. The site focuses on traders in the United States, which makes it a decent choice for those residing there, but maybe not the best option for traders in other parts of the world.
The site is well maintained and fairly easy to use. There is a good support system in place to help traders who may have issues arise. Overall, Trade Thunder seems to be a decent broker. However, there is no mention of a license for being a broker, which makes the broker a bit questionable.