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Read This 100% FREE & Unbiased CherryTrade Review

CherryTrade Withdrawal, Complaints & Demo Account

Is CherryTrade a Scam Binary Options Broker – See Below!

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Headquarters1A, Arcade House Temple Fortune, London NW11 7TL
Support Number+917 775 0324
Support TypesLive Chat, Phone, Contact Form, E-mail
Minimum 1st Deposit$200
Minimum Trade Amount$5
BonusUp to 100%
Free Demo Account Open Demo
Account TypesBasic, Professional, Expert, VIP, Corporate
Deposit & Withdrawal MethodsCredt/Debit Cards, Bank Wire
Number of Assets100+
Account CurrencyAUD, CAD, GBP, EUR, USD
Overall Score8.7/10

Full Review

CherryTrade is a binary options broker launched in 2013. They are owned and operated by Redtulips Consultants Ltd which is based in Gibraltar. Although it has been only two years since the broker was established, it has not taken much time to become a popular choice for traders.

Review Verdict: CherryTrade is Not a Scam
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Whether you are a beginner or an advanced trader, CherryTrade is the perfect broker for you. They have established themselves as one of the leading and most reliable brokers on the market today and their success is due to their extremely easy to use trading platform, outstanding customer support and the many features and tools they can offer to their members.

When it comes to trading at CherryTrade, the options are plentiful. Their trading options include Call/Put, pairs and long term options that last up to one year. Other options include 60, 180 and 300 second along with Ladder options. Ifollow is one of the most beneficial tools offered by CherryTrade as this features allows traders to place trades on their account automatically.

CherryTrade Trading Platform

CherryTrade makes use of the latest SpotOption 2.0 platform and offers more than 180 assets. Commodities such as wheat, corn and coffee are also available. The four different categories in which more than 180 assets are available include currency pairs, commodities, stocks and indices. Their range of stocks includes Apple, Twitter, Amazon, Facebook and many others.

cherrytrade platform

CherryTrade has a name in the industry and aside from offering an extremely user-friendly platform, it offers a range of resources and learning materials in its education section. Basically, it has all the tools that can provide in depth knowledge to beginners when it comes to binary options trading. Their trading platform is entirely web based which means there is no need to download any software. Your trading account can be accessed directly from any computer that has an internet connection.

CherryTrade is also available on mobile devices. Anyone with a tablet or smartphone can execute trades on the go. The app works on iOS and Android powered devices. The operating systems that are supported include Linux, Microsoft Windows, Mac and others.

Review Verdict: CherryTrade is Not a Scam
Visit Cherry Trade Website

CherryTrade Minimum Deposit & Withdrawal

cherrytrade bankCherryTrade offers a wide range of payment options. Deposits can be made using credit cards, bank wire transfers, Moneybookers and a variety of ewallet options. Deposits are instant so it is possible for traders to start straightaway. There are also no fees required when it comes to making a deposit or withdrawal using credit cards. However, if you choose wire transfer method, a fee of $25 apply if the amount is less than $500. You have to verify your identity, credit card and address. While this measure ensures a safe trading experience, it can become a hassle for honest traders.

The minimum deposit amount is $200 and the currencies that are supported include GBP, USD, AUD, CAD and EUR.

Their customer service is also excellent as the staff available via phone and email to solve any issues promptly. Your account manager can also be contacted via email if you have any questions or concerns regarding trading. They also offer live chat which is very convenient to traders who want a solution instantly.

CherryTrade Scam

When investigating any broker, one of the important things that we check is whether there is a positive feedback from traders. They have a wonderful reputation on the market today and it is because of the quality of service they provide to their members. CherryTrade is reliable broker and although it is relatively new, it is a popular choice among traders from across the world. Their trading platform is easy to use, fast and efficient.

In fact, their priority is to offer a trading platform that enhances trading experience. Their services are widely used and their popularity is an indicator of how trustworthy and reliable they really are.cherry trade banner

Cherry Trade Complaints

CherryTrade has over 300,000 users which mean that it is among the biggest binary options trading brokers today. During our investigation, we did not come across any major complaints about the broker.

One of the main reasons could be that they are new in the market. Another reason is that they are so reliable and safe that their users are not having any problems regarding their services. They provide a range of e-learning resources to help traders establish themselves and become successful. The only complaints could be from unhappy traders who failed to understand their policies, terms and conditions or bonus requirements.


good_choice_stamp_7robotsCherryTrade offers a wide range of tradable assets, generous bonuses and different account types suitable for both beginners and experienced traders. You can consider opening an account with CherryTrade since it has shown high results during our unbiased testing on their trading platform, withdrawal and deposit procedures.

As a trader there are many different features provided if you open an account with CherryTrade and we know how important it is to choose a broker who gives you the opportunity to gain the maximum profits and access a lot of benefits.

CherryTrade meets traders expectations and this is the reason why this broker is one of the top rated and recommended on the binary option market.