Is there a TradeQuicker scam?
Who is this broker and what does it offer?
Another binary options broker being targeted by scam allegations, TradeQuicker might be an excellent place to create additional income, or an awful way to lose your investment. We help you figure out the real answer.
TradeQuicker vs Top Brokers
To be able to choose between TradeQuicker and other brokers, you must first know what the leading corporations offer their clients.
OptionBit is the only binary options broker offering you a chance to use Algobit, an amazing signals trading tool that will help you trade more accurately and begin profiting almost immediately. With an excellent customer service and this important free advantage, OptionBit is a regulated and reliable broker with which you can earn money:
24Option have a very useful set of learning tools available for you that includes more than 80 videos, tutorials, ebooks and a webinar you can immediately sign up to.. This broker, among the largest worldwide,is also regulated by the CYSEC and is a recognized financial institution in the EU. Sign up and find out more about their benefits and generous cash bonuses:
The most successful brokers in this market are those who offer some kind of educational tools or assistance, as well as full regulation. Among those, UBinary tops the list when it comes to offering one on one advice and having efficient professional investment advisers available. Besides offering the most complete education center with many videos and other learning materials, what singles out this company is the direct relationship between the account managers and the clients. Open an account now to start earning with this reliable broker:
What is TradeQuicker
TradeQuicker is a very new binary options broker. It does not operate in the USA and its trading platform is available in English only. In other words, this broker targets a very specific market share composed of British, Canadian and Australian clients.
TradeQuicker does not offer any new products, special payouts or exciting opportunities. To discover whether what it does offer involves a scam, we searched for more accurate information, and have it here for you.
Is TradeQuicker Legit?
Truthfully there is no scam. This company simply offers binary options trading and the site mentions the risk involved. Traders who have worked with TradeQuicker where generally satisfied with the service it offered.
Trade Quicker is a white label form working with the SpotOption trading platform, the largest binary platform provider worldwide. It offers a nice range of options and the site is simple and accessible. That is pretty much it. And in the world of Binary Options, that is simply not enough.
Binary trading involves high risk and requires financial know-how and investment strategies. This derivative is offered as a all or nothing tool and therefore the odds are stacked in favor of the broker.
Similar to the allegations of a Cedar Finance scam, the TradeQuicker scam outcry is a result of the broker’s lack of effort to properly explain the pros and cons of binary trading.
Investing in Binary Options
Earning up to 85% on a single, 60 second trade is possible in this market. Yet the potential loss in a single investment will always be larger than the potential gain. If a broker offers 85% for a correct prediction, it collects 100% for an incorrect prognosis. If it ensures a 15% return even when you are unsuccessful, then it will always offer less (around 70%) it you succeed.
The ratio is always similar, with the broker getting approximately 20% more than what it gives out if you trades are accurate. This is no different with TradeQuicker.
So what is the difference between a reliable broker and one that is not?
Learning how to profit
To avoid doubts of a TradeQuicker scam, this broker will need to set up the type of Educational Centers that companies such as 24Option or UBinary have established. Education is the best path to success when using a speculative financial derivative such as binary options. Although operating a trading platform is very simple, profiting on a consistent basis demands strategy and discipline.
Regardless of the broker you choose, make sure to select one that explains the risks properly and that is willing to assist you in becoming a successful trader.