Overview

IMPORTANT:
This Broker is no longer accepting clients. For the Best alternative click here or visit our brokers page.

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Details

BrokerTropical Trade
Official Website URLwww.TropicalTrade.com
HeadquartersLiverpool, Merseyside L2 3PF UK
Support NumberLive Chat, Phone, Contact Form, E-mail
Minimum 1st Deposit$200
Minimum Trade Amount$5
BonusUp to 100%
Payout89%
Free Demo Account No
Account TypesBasic, Professional, Expert, VIP, Corporate
Deposit & Withdrawal MethodsCredit/Debit Cards, Bank Wire, Neteller
Number of Assets150+
Account CurrencyUSD, EUR, GBP, AUD or CAD
Overall Score9.2/10

Full Review

 

Since this binary options broker does not accept US traders, we advise them to check another recommended option here.

Tropical Trade is a binary options broker that has managed to gain a good reputation over time. The broker offers a high standard of service to its clients. Traders can get access to valuable training and educational materials on their website. Tropical Trade believes that education is the key to success in trading and this is the reason they aim to offer quality education so traders can learn and at the same time maximize their gains on their investments. We conducted a thorough investigation on their features, customer support and trading platform and have compiled a short review which aims to tell you more about the broker.

 

Review Verdict: Tropical Trade is NOT a Scam

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Is Tropical Trade a Scam?

With so many scam brokers on the market today, it is very important to be cautious when signing up with a broker. But when it comes to trading with Tropical Trade, it can be said that you are in safe hands. Tropical Trade is a reputable broker and provides a high level of service to its clients. It provides an easy to use trading platform and also takes measures to keep personal information and funds of their clients safe. We haven’t found any complaints about this broker. We have only found positive reviews and therefore we approve them as safe.

Trading Platform

The trading platform at Tropical Trade is simple and easy to use. It has been designed to cater for the needs of both novice and experienced traders. The best thing about their trading platform is that you don’t need to download any software. It is web based and you can access your account from your computer, tablet or smartphone which makes trading easy and convenient.

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Account Types and Bonuses

There are five different types of accounts on offer. The Basic account can be opened for just $200 and the maximum investment is $1000. The maximum invest for Professional Account is $5000, Expert Account is $10,000, VIP Account is $25,000 and Corporate Account where you can invest unlimited amount of money. Welcome bonuses are offered for every type of account except Basic.

 

Review Verdict: Tropical Trade is NOT a Scam

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How to Get Started?

  1. Sign Up – if you have decided to choose Tropical Trade, you can sign up on their website by providing some basic details about yourself. You must also provide a unique email address and as soon as your account is set up and you have made a deposit, you can begin trading.
  2. Trade and Profit – there is a wide range of features available to help you trade and maximize your profits.
  3. Withdrawal – finally you can withdraw your earnings by filling out a withdrawal form.

>> Start Trading with Tropical Trade Now <<

Deposit and Withdrawal Procedures

Tropical Trade offers a variety of methods through which deposits and withdrawals can be made. These include credit cards, debit cards and bank transfers. The minimum amount for a deposit is only $200 which is extremely fair for the industry. Withdrawals process within just about 3 days, but you have to verify your account and provide identity proof before you get your money. Step by step instructions on how to make a deposit and withdrawal can be found on their website. The broker aims to ensure that traders have a safe and secure trading experience.

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Support Information

Tropical Trade has an efficient and friendly customer support team. Traders who face problems related to trading or registration can contact them via a message form. The form is available on their website. During our investigation and after going through several trader feedbacks, we have come to the conclusion that Tropical Trade’s customer support team is highly efficient and quick when it comes to addressing issues.


Editor’s Notice: Tropical Trade is closing operations. For the time being, it will not accept traders and will not allow trading on its platform.


Tropical Trade Website Preview

Conclusion

Pros:

  • Good_choice_stamp_top10_BRCompetitive Payouts
  • Wide Range of Tradable Assets
  • Excellence Customer Support
  • Extensive Education Section

Cons:

  • Relatively New Online Broker
  • Support in English only
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