Trader.Online Review 2018

Trader.Online Review

Trader.Online Review

Our work continues, so we will be taking a look at another new broker in this article. In fact, since this company only started operating in February of 2018, we can say that we are one of the first websites to analyse them. Definitely the first to analyse them this thoroughly. This Trader.Online review of ours will show you absolutely everything you need to know about the company’s offer, from the account types to bonuses and available assets. New brokerage companies always have many elements that need to be explored thoroughly, which is why our team went in and tested absolutely everything. We are very happy to share our findings with you, and you will definitely want to keep reading if you’re looking for a new partner because there are some very interesting perks of trading here. Let’s go, there is a whole lot to discuss.

Overview

OK, so where do we start? Well, maybe with a short overview of the company, just to give you an idea of what you’ll be dealing with here. First of all, the brokerage is owned by a company called Zola Ltd which is located in Bulgaria, but they do have a contact number for the UK. Like we said, they are still very much a new broker, although we have to say that they really do seem well prepared. They are focused on CFD and forex trading, although there are many interesting options they offer within the confines of that type of investments, as you will see later on in the article. Like we said in our Trader.Online Scam Test, they also have a huge number of security certificates and are in the process of getting a license as you’re reading this. We have to say that they have a very well designed website for a new broker, with plenty of interesting options. This shows us that the company is quite serious about becoming a major part of the industry, but we will present more evidence for that in the rest of this text. This was just to help you ease your way into our Trader.Online review. We still have to get to the best part, so read on!

Trader.Online Features

Trader.Online Features

Trader.Online account types

The first step you need to make before you can start trading here is to create an account. There are three main Trader.Online account types, each of them designed with a particular type of traders in mind. However, it needs to be said that they share a lot of features too, such as non-stop customer support, weekly updates from the market, free webinars, personal manager and a welcome bonus.
The first Trader.Online account you can open is called Take-off. This is the most basic package, it requires only 250$ to activate it and comes with all the previously mentioned features. The Booster account adds charting tools into the mix, but it will require you to deposit at least 2500$. The Uplift account is where things get really interesting because the offer is expanded once again here – charting tools become more advanced, you get daily tips from the market and some useful eBooks and guides will be waiting for you. 10,000$ is what you need here, but we will remind you that each of the Trader.Online account types also carries a bonus, but more on that later in the article. Unfortunately, there is no demo account available at the moment, but it is possible that it will come a bit later. The good news is that there are also Islamic accounts for people who want to trade in accordance with their religion. All you have to do is register and then contact the company if you want to be awarded one. But there are many more things this Trader.Online review has to cover, so we should move on. The core of this website is coming up next.

Trader.Online Account Types

Trader.Online Account Types

Trader.Online trading platform is something special

Obviously, the core of every website of this kind is the trading platform. What you get here determines your overall experience, so you have to have all information readily available and enough tools to perform every type of analysis you want. Trader.Online trading platform offers some very interesting solutions to those issues and is actually quite a rare piece of software in the forex industry at the moment.
This is because the platform is based on Tradologic software, which is not the most common solution, but in this case it works absolutely splendidly. The prices are always perfectly correct and opening your trades is a smooth and effortless process. However, what really sets Trader.Online trading platform apart from its competition is the fact that it offers two very distinct trading modes – forex and simplex. Forex trading really doesn’t need much explanation because it is pretty much your standard trading mode. You have a lot of assets and even more tools at your disposal in this case, so all you have to do is make a prediction and invest. The chart in front of you is nice and big, which makes everything a lot easier since it’s much easier to notice patterns and trends. The design is very functional, and everything is right there one that one screen.
Trader.Online trading platform’s Simplex mode spices things up a little. Modern design they went with here looks really lovely, but the options you have are what really counts. You can set your Stop Loss and Take Profit levels, as well as see the risk of the trades you’re aiming to open. All in all, you have loads of options here, no matter which mode you pick. Everything we mentioned is can also be accessed via mobile devices. There is no specialized Trader.Online app you need to download for that, simply access the website through your mobile device’s internet browser and you’ll be all set. Don’t worry, the platform is just as easy to use in this form as it is to use in on your desktop computer.
Finally, before we end this part of Trader.Online review, we will say a few words on the assets. There are about 200 of them, which is very impressive for a new broker, and they are divided into indices, stock, commodities, currencies and cryptocurrencies. The latter group has some very interesting options (more than 20 of them), so we sincerely recommend you check them out. But there is much more to learn about this company, so let’s keep exploring.

Trader.Online deposit

So far, this is all very nice, but before you can start trading, you have to have something in your account balance. Therefore, we need to take a look at how Trader.Online deposit works. It’s actually pretty interesting and completely reliable, so you don’t have to worry about a thing.
You can choose between two main Trader.Online deposit methods: bank wire transfers and credit or debit cards. We also believe online payment providers will become available here very soon, but for now this is what you have to work with. Still, it should be more than enough, especially if you consider the fact that the security is extremely impressive and that your every transaction should be pretty much impenetrable.
Keep in mind that Trader.Online deposits you make via bank transfers will take a few days to appear in your balance, but this is perfectly normal. On the other hand, transactions done by credit and debit cards (Visa and MasterCard brands are accepted) should become visible immediately. It’s very nice that there are no deposit fees you need to worry about, so what you deposit should appear in your balance every time.
Each account has three base currencies – EUR, USD and GBP – but you can make your Trader.Online deposit in whichever currency you want. What you deposit will then be automatically converted into your account’s base currency and you will be able to proceed as normal. No fees will be applied here, either: the broker will simply use the current exchange rate and make the exchange.
Finally, let’s talk numbers. The minimum deposit you can make is 250$, which is, as we mentioned earlier, the amount you need to open the Take-off account, i.e. the most basic account type available. This number is pretty standard in the industry and more than enough for some serious trading given that the minimum investment is just 10$. What about sending the money in the opposite direction, though? Well, read about that next in our Trader.Online review.

Trader.Online Deposit

Trader.Online Deposit

Trader.Online withdrawal

So, what can you expect when requesting a withdrawal? Well, we will first say that you can make your Trader.Online withdrawal by using both wire transfers and credit or debit cards. That’s great. But the numbers concerning this process are what’s really important. The minimum amount you can withdraw is 100$ for credit cards and 500$ for bank wire transfers, which are pretty standard requirements, if not even slightly more accessible than what other brokers ask. On the other hand, there is no upper limit to your Trader.Online withdrawals made by wire transfers – you can transfer as much as you want, as long as your account balance can cover it, of course. Credit card withdrawals are limited to 20,000$ a pop. Don’t forget that you can also cancel the withdrawal before it gets processed by the company’s staff, which usually takes a couple of days. So, you have plenty of time to cancel everything if you change your mind. Once your request is processed, expect the money to arrive in about five days. In other words, the whole process should be completed in about a week, which is again fairly standard in the industry. Therefore, there is absolutely no need to panic when you see that the funds are not arriving immediately. It’s all perfectly OK.
What you have to be aware of, though, is the fact that some Trader.Online withdrawal fees will be charged. Bank wire transfers carry a 50$ fee, whereas if you decide to use some of the cards you will only have to pay 25$. However, remember that there will also be some processing fees you will need to pay if you use credit cards: ten dollars, five British pounds or seven euros.
However, apart from standard deposits and withdrawals, special conditions apply if you decide to accept a bonus from the company. We’ll see what they entail in the next part of our Trader.Online review. Stay tuned!

Trader.Online Withdrawal

Trader.Online Withdrawal

Trader.Online bonus

Yes, like we said when we were examining the account packages, you can get a Trader.Online bonus when making a deposit. The size of this bonus will depend on which of the three account types you have, and they range up to 25%, 50% and 75%, respectively. Not bad, especially if you plan on trading on this website for longer periods of time.
But, as is always the case, different rules apply to the funds you get this way. For example, if you receive multiple Trader.Online bonuses, you will only be able to access them one at a time. In other words, before you can withdraw other bonuses, you first have to meet the requirements for and withdraw the first one. The most important requirement is usually the turnover requirement, which is usually several times bigger than the amount of bonus you get, but this can vary a lot depending on several factors (your account type, the size of the bonus etc). It is therefore a good idea to look at the funds you get from this company as a type of leverage which can help you invest more and achieve bigger profits.
Apart from the Trader.Online bonus you get when you make your first deposit, there may be other promotions you can take advantage of. However, these are usually limited to a certain time in the year or a particular occasion (like Christmas, for example), so keep your eyes peeled when these big holidays come. Keep in mind that special promotions may also have special conditions attached to them, which makes reading Terms and Conditions fully a very good idea. This is not to say the company will trick you, not at all, just a piece of advice which could help you manage your Trader.Online bonus funds more efficiently. If you can’t find the information you’re looking for, however, simply contact the broker’s support team. They are a very competent bunch and will happily help you out. In fact, they deserve their own part in our review.

Support crew

Yes, there are loads of ways you can get help on this website, no matter what the subject of your inquiry is. The best way to do that is to talk to the people who work as the support here, which can be done in several different ways. The easiest one is to use the embedded live chat application. This will connect you to an agent in a jiffy and you will be able to find everything out in a flash. If for some reason that doesn’t suit you or you can get a hold of the agent, you can always use the phone or send them an e-mail. Trader.Online can also be reached on three big social networks – Twitter, Facebook and LinkedIn – so don’t hesitate to look them up there, too. The people handling your questions are really always there for you, respond quickly and will do everything they can to help you.
We must also mention that all the rules you need to abide by while trading here and all the policies this broker implements are readily available on the website. T&C, Bonus policy, Privacy policy, KYC and AML policy are all laid out in front of you. The broker is completely transparent, and no information will ever be hidden from you. We would even argue that one of the most important things you need to know is how to verify your account. The next part of our Trader.Online review will show you just that, so stay tuned to learn all about this vital process.

Trader.Online Support

Trader.Online Support

Trader.Online verification process

Every serious broker will ask you to verify your identity before you can withdraw your funds. If they don’t do that, you are left without the most basic protection from third-party intrusions. Fortunately, Trader.Online verification process leaves nothing to chance. You will be asked to complete it as you make your first deposit.
There are three steps to completing the verification process on this website: you will need to prove your identity, your address and your payments. In order to prove your identity, you will have to send in a copy or a picture of both sides of your ID, or a copy of your passport or even your driving license. It’s nice that you can get things done with a driver’s license here because some brokers do not accept this document. The next step is to verify your address, which is done by sending in any kind of utility bill which has the address from your documents on it. The bill cannot be older than three months. If the two addresses are not the same, don’t worry – a bank statement will do this job just fine! The last part is only if you decide to use a credit card to make a deposit. In that case, you will have to send a copy of it both sides (CVV covered) to the broker. Do keep in mind, these documents will only be needed for your first Trader.Online deposit, after that you just need to fill out a Transaction Authorization Form and send it to the company via e-mail (the same way you send your documents) and your verification here will be complete. With that out of the way, we have a couple more interesting topic to cover before we wrap this Trader.Online review up. Keep reading, especially if you want to improve your trading skills.

Trader.Online Verification Steps

Trader.Online Verification Steps

What kind of education do you get?

Yes, there are many educational materials you can use on this website, too. However, while some brokers put up only the most basic things just so that they can say they have an educational section, this company approaches the issue much more thoroughly.
There are several tiers to Trader.Online education. The first one is something most other brokers offer – an academy with articles explaining all the most important terms from forex and CFD trading. The texts are divided into three categories (Basic, Intermediate and Expert) and are completely free, so no matter how experienced you are and which account type you have, you should definitely check things out here. It can only benefit you. But after this, things start to get much more interesting. The part of the website called Trader Insights offers analyses of the most relevant events from the fields of economy and politics and show how they might affect influence each other. Think Donald Trump’s tariffs on China and things like that. These texts are not too long to bore you to death and not too short to skip relevant information. They are very interesting materials which keep you up to date with the latest events and help you make the right decision when investing. There is also an economic calendar to go along with this, so you will have absolutely everything you need with regards to market information
Finally, you will also have the opportunity to join Trader.Online webinars, which are always hosted by professional traders and represent a great opportunity to learn from the best on weekly basis. Each webinar will be announced on the broker’s main page and all you have to do is register for it. You can also check the agenda before you sign up to study which topics will be discussed. If they don’t interest you, just come back next week. This, just like all other features mentioned in this paragraph of our Trader.Online review is completely free and meant to help you be a more successful trader.

Trader.Online Academy

Trader.Online Academy

Any Trader.Online complaints?

As you can see, we are pretty satisfied with what this forex and CFD broker has to offer. However, this company has tens of thousands of traders, which means that there is a whole myriad of different experiences people have while trading here. That’s why we reached out to some people who also have an account here to see if there are any serious Trader.Online complaints we need to be aware of.
After interviewing a few dozen people, we are happy to say that we missed nothing in our review. Well, nothing big, anyway. Yes, we did encounter some Trader.Online complaints, but they weren’t of the sort we’d consider to be serious. For example, some traders thought the webinars could be held more often, others wanted to see online payment methods accepted etc. These are all completely legitimate objections, but they are not things that would indicate that the broker is a scam or that the website doesn’t function well. It’s about traders’ preferences, and you really can’t expect a broker to please absolutely everyone.
We will say that we got one or two claims that there was some fraudulent activity here, but the people who stated this did not want to elaborate on that. Because of that, we could not investigate their claims further – they simply didn’t provide us with anything more than an accusation that this is an unreliable company. Since they were unwilling to cooperate with us on that and considering the fact that we never saw anything suspicious, we had to dismiss these Trader.Online complaints as unfounded. We repeat that claims like these were exceptionally rare, but in order to keep this review transparent we felt we have to mention them. After this, we have no more features to analyse, but do stay just a tiny bit longer, for a short conclusion of what while we were trading on this website.

Trader.Online Home Page

Trader.Online Home Page

Conclusion

Yes, we have reached the end of our Trader.Online review. This new broker offers a wide variety of opportunities when it comes to trading, from several account types to a substantial number of assets. We have to say here that we were very pleasantly surprised with the trading platform, as it is based on Tradologic software, which is not something you see that often in the industry. The numbers associated with money transfers are pretty much what you’d expect, fairly standard when compared to other brokers’. We have to emphasize the great education materials and options you have on this website, which really tells us a lot about the company’s determination to provide the best service possible. The quality of the support you get here also supports that claim. Don’t forget that you can even pick up a bonus when you first deposit, plus there will be various promotions every so often which you can participate in. There is a lot to enjoy here, no doubt about that.
We have no serious Online.Trader complaints to make, although some people do think there is room for improvement. We cannot argue with that, but all in all this is a rock-solid broker and a great new addition to the forex and CFD trading industry. Therefore, if you want to experience all these great features we analysed in this article, just click on the button below to open an account. You’ll become a new member in a jiffy.

Recommended reading

Author's overall rating:
Author: Ben Prescott
Updated:

RISK DISCLAIMER
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.
Binary options are not promoted or sold to retail EEA traders. If you are not a professional client, please leave this page.