Thursday, 21 July 2016 - Detailed Broker Review


Owned and operated by Hermes Ventures Limited, with its UK-based operations and payments run by Decimol Limited, 23Traders was the result of brainstorming sessions between 23 top online traders who put together the best features they would like to see in a binary options broker. The broker’s parent company is registered in St. Vincent and the Grenadines and is regulated by the Vanuatu International Financial Services Commission (VFSC), holding license 14536, which was issued in 2015. A core component of trading successfully is partnering with a reliable, regulated and professional broker and 23Traders provides its traders with a safe and secure environment in which to trade, thanks to their extensive experience and understanding of what is required in order to boost trading success.

Trading Platform

SpotOption software powers the 23Traders platform, which means that experienced traders will find it immediately familiar, while new traders will have little trouble using and navigating through the trading environment. As many 23Traders reviews reveal, the SpotOption platform quickly executes trades, ensuring that traders do not lose out on opportunities due to delays.
The platform can be customized to suit the trading needs of each trader and it provides a historical price chart for each available asset as well as a Trader Choice gauge which offers important investor sentiment information. The 23Traders platform also offers a choice of risk management features which enable a trader to minimize the risk of trading while securing the rewards. These include the Rollover, Double Up and Sell features which enable a trader to adjust their existing trades according to the movements in the markets.
For traders who prefer not to be chained to a desk, there is also a mobile application for smartphones and tablets. This ensures that traders can trade while on the go and in this way, potentially profitable trades are never missed.

Assets and Trade Options

The SpotOption platform implemented by 23Traders offers traders a variety of high speed options with expiry times of 60 seconds, 90 seconds, 2 minutes, 3 minutes or 5 minutes. Other trade types available include the standard Binary Option trade (Call/Put), One Touch, Ladder, Pairs, FX/CFD and Long Term options. There are also more than 200 global assets available including stocks, indices, forex pairs and commodities, giving traders a wide choice of options to trade.  

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