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Tropical Trade Bonus + RISK FREE TRADES

Tropical Trade
Up to 100%
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Overview

Is This Broker Legit or a TropicalTrade is Scam to Avoid?
Read 100% FREE & Expert Review of Tropical Trade
How to Get 5 Risk Free Trades – See All Below!

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Details

Broker Tropical Trade
Website URL www.tropicaltrade.com
Headquarters Liverpool, Merseyside L2 3PF UK
Languages Live Chat, Phone, Contact Form, E-mail
Minimum 1st Deposit $200
Minimum Trade Amount $5
Bonus Up to 100%
Payout 85%
Free Demo Account No
Account Types Basic, Professional, Expert, VIP, Corporate
Deposit & Withdrawal Methods Credit/Debit Cards, Bank Wire, Neteller
Number of Assets 150+
Account Currency USD, EUR, GBP, AUD or CAD
Overall Score 9.2/10

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Important Notice: There is an issue with Tropical Trade’s operations. There is no clarity of when the issues will be resolved and if it will open its platform again. It will be closing for the time being. Traders should consider other alternatives instead of it.

US traders are not accepted. For another safe broker – click here.


Tropical Trade is an online broker that offers a platform for trading binary options. They were founded in 2015. The broker is owned by FLY LTD and is based in St Vincent and Grenadines. With a well designed website, they offer a variety of features so traders can get the maximum out of their investments in binary options.

Tropical Trade runs on the Panda Trading Systems software. There are more than 200 assets on offer and the standard returns for the typical high/low options are around 81%. The other options that are offered by the platform include range and one touch options. Traders who are looking for options with the shortest possible expiry times can choose 30 Seconds and 60 Second options in addition to 2, 5 and 10 minute binary trading options. For Forex traders, there is a nice selection of currency pairs to choose from. The major currencies that can be traded include USD, NZD, GBP, CAD, Swiss Franc and Turkish Lira.

The broker is relatively new in the industry and this is the reason some of you may have concerns about whether to give them a try or not. If you are looking to find whether they are a scam or a legit broker, then continue reading this review.

Is Tropical Trade a Scam?

One of the most important things that we have found out about Tropical Trade is that the broker is not yet licensed or regulated. This could be because they are new in the industry. But, when we looked at the feedback and reviews, we did not come across any red flags that raised suspicion about them. The broker has been doing business very professionally.

They make sure that their clients are served extremely well and that their trading needs are met in a timely and efficient manner. They offer high profits with no hidden charges or surprises. According to many traders, it is always a pleasant experience trading with this broker. We highly recommend them and approve them as reliable.

tropical trade risk free trades

Account Types, Bonuses & Promotions

There are 5 different types of trading accounts that can be set up. The bonuses that are offered depend on the trading account. The types of accounts are Basic, Professional, Expert, VIP and Corporate. Traders can deposit anywhere from $250 to $25,000 into their accounts. For Corporate clients, there is no limit on the maximum deposit amount.

Deposit and Withdrawal Procedures

To start trading, you must make a minimum deposit of $200. Payments can be made via credit cards such as Maestro, Visa, MasterCard, Diners Club, Delta, Solo, Diners, debit cards, Neteller and bank transfer. To make a withdrawal, the same methods can be used. While deposits are made instantly, traders must wait for a couple of days for their funds to be processed. Traders must also complete a verification process before they can get their money into their accounts.


Important Notice: There is an issue with Tropical Trade’s operations. There is no clarity of when the issues will be resolved and if it will open its platform again. It will be closing for the time being. Traders should consider other alternatives instead of it.


Support Information

As a trader, you can get complete support at Tropical Trade. Their customer support team is knowledgeable and very friendly. They offer support via live chat, phone and email. General information about your account and deposits and withdrawals are available on their website which is quite valuable for traders. But, if you need answers to specific questions or face any issues while trading, then you can always rely on their highly professional customer support team.

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