10Trade Scam Test 2015

10Trade Scam Test

10Trade Scam Test

10Trade is a brand new binary options broker which has taken binary options industry by storm and caused quite a stir among the traders. Now, since they are quite new to the market, it is worth investigating what this broker really offers and just how safe they really are. We want to see how professional this company really is, so you don’t have to expose yourself and your money to potential scammers. We have covered other aspects of 10Trade’s offer in our 10Trade Broker Review which can provide you with additional information, but here it’s all about the safety and honesty of this potential new star among the binary options brokers. So let’s check it out.

10Trade Scam Test 2015 | Authentication

In order to start making some serious profit with this broker, you will first have to verify your identity. This is not something you need to do immediately, however you can’t make any withdrawals before you do. To verify your identity, you will need to provide 10Trade with a copy of some sort of governmental ID and a proof of your address which can be something as trivial as a utility bill. Do not worry, because this procedure is absolutely necessary in this industry and all serious brokers need you to do it, not because of them, but because of the fact they operate under European laws. If a broker doesn’t ask you for this, you might want to be careful when dealing with them.

10Trade Main Interface

10Trade Main Interface

10Trade Scam Test 2015 | Deposit

Minimum deposit demanded by this broker is $200, but there are other currencies available. 200 EUR, 200 GBP, 1700 SEK or 8000 RUB will all get you a functional account with 10Trade. These amounts are pretty reasonable and even slightly below average of the industry, but once you realize that there are trades available to you for only $5, you see that the broker only wants you to confirm how serious you are about doing business.
Once you do that, there is a whole array of possibilities and bonuses opening up to you and you are sure to find something that suits you perfectly. You are, of course, not obligated to take them up on any of their offers, but it’s really nice to know that you can plan your every move to the smallest detail.
The broker has made sure you always have a way of safely depositing your money, so apart from standard credit and debit cards, you can also deposit your funds with the help of internet services such as CashU, iDeal, Neteller, BitCoin and Skrill/MoneyBookers.


10Trade Scam Test 2015 | Trading platform

The trading platform contains almost 200 assets divided into five different categories – hot assets, currencies, commodities, stocks and indices. You can follow all of their prices closely, minute by minute, and we have noticed not a single discrepancy among them. Actually, their price quotes are taken directly from top-notch financial data providers, which is quite a strong guarantee that everything is completely legitimate. The platform is genuine, up to date and fair, so you have nothing to worry about here. There is even a detailed course on how to make the most of 10Trade’s platform in the education center which means that even if you know absolutely nothing about binary options, you will be able to learn everything you need quickly.

10Trade Binary Options Trading Platform

10Trade Binary Options Trading Platform

In addition, there are multiple types of options available to you. It is not necessary to limit yourself to the standard binary options when you can make a quick profit with a sixty second investment. If you are a type of trader who likes to think in the long run, you will be happy to know that there are long-term options available, as well. Not only that, but you can also find pairs and one touch options, as well as an interesting ladder concept available to you.

10Trade Scam Test 2015 | Protection

At this point you might be wonder what kind of concrete mechanisms are in place to protect you as a trader from any form of scams. Have no fear, because there are multiple levels of protection deployed in this case in order to prevent those kinds of problems. First of all, you have to know that 10Trade is a broker regulated by CySEC, which in turn means that it has to abide by strict MiFID regulations. These regulations are a law of the European Union focused on investment services in over 30 European states. Therefore, you are well covered from a legal perspective, everything is well defined and you can rest assured that there is a body that monitors activities of this broker and you always have somebody to turn to for help should something unforeseen happen.
From a technological standpoint, you can feel just as safe because this broker uses the very latest technology to provide secure and reliable trading. Each and every online payment is protected by a SSL encryption and 10Trade is also PCI compliant, which means that the broker has only last four digits of your credit card number visible to them. All in all, this broker has invested a lot to make its clients feel safe and comfortable when doing business with them and we believe that 10Trade has pretty much succeeded in its intention.

10Trade Scam Test | Conclusion

In the end, we have found absolutely nothing worthy of mentioning when it comes to 10Trade’s security problems. Quite the contrary, this broker has invested a lot of time, money and effort to provide its clients with their perfect trading experience. They are a serious and professional company which operates under strict European legislation and if you are in search for a new broker we will gladly recommend you this one. After seeing what they have to offer, it is certainly no surprise that they have made such an impact on the binary options trading industry. Everything is done to make earning money as easy as possible and the traders have come to appreciate that which is probably the best recommendation a broker can get.

Author's overall rating:
Author: Ben Prescott

BinaryOptionsTrading-Review.com has taken reasonable measures to ensure the accuracy of the information in the website, however, does not guarantee it. The data exhibited in this website is not necessarily always real-time or completely accurate; this includes market analysis, forecasts, signals, assets’ price quotes and charts. Readers should not treat any opinion expressed by the authors of BinaryOptionsTrading-Review.com as a specific inducement to make a particular trade or follow a particular strategy, but only as an expression of their current opinion. The risks involved in trading binary options are high and may not be suitable for all traders. BinaryOptionsTrading-Review.com doesn't retain responsibility for any losses readers might face as a result of using the information presented in this website. This website is owned by Next Media Corp.
In accordance with FTC guidelines, BinaryOptionsTrading-Review.com has financial relationships with some of the products and services mentioned on this website. BinaryOptionsTrading-Review.com may be compensated if consumers choose to click links in our content and ultimately sign up for mentioned products.