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  • CherryTrade
  • Published on: September 9, 2014
  • Last modified: August 28, 2015

Review Summary:

Voted Best broker in the U.S. And for U.S. traders, it is the best broker. For othes traders, we would recommend another broker, such as anyoption.


Read Our CherryTrade Review Before Signing Up

Our CherryTrade Review in bullets:

  • Best US Broker 2014
  • Many underlying assets
  • Great app
  • High welcome bonus
  • Low trading threshold


Our CherryTrade review is almost as old as the broker itself. In the beginning of 2014 CherryTrade was launched with a bang. The people behind this binary options broker knew that the only way to make yourself count in this highly competitive world is by offering a product customer just can’t refuse. Apart from the fantastic conditions for traders, this broker offers more. So much more. And it is one of the best brokers to use from your home computer as well as on your mobile device on the go. Discover the benefits and more. Read our full CherryTrade review.

Start Trading With CherryTrade Now!

Is CherryTrade the ideal binary options broker for you? Find out now and sign up! Click here to go to CherryTrade.

cherrytrade review

CherryTrade Facts

Platforms: Web, iOS, Android
Underlying assets: 59 (stocks, commodities, currencies, indices)
Option types: High/Low, One Touch, 60 Seconds, Long Term, Ladder, Pairs
Bonus: up to 100% welcome, up to 100% subsequent
Minimum first deposit: $/€ 200
Minimum account size: $/€ 200
Minimum trading amount: $ 5
Return: up to 85%
Deposit Methods: Credit card, Wire Transfer
Currency: $/€
Remarks: limited when it comes to underlying assets, but fantastic in service. CherryTrade is an excellent US binary options broker.

>>Start trading at CherryTrader Now!<<

Full CherryTrade Review

For our CherryTrade review, we have taken the time to look at every aspect of this binary options broker. Let’s start with the website, and the homepage in particular. It looks different from most competitors’ websites, but in a good way. The cherry red, combined with the black and white, gives it a fresh and distinguishing look. What we also like, is the info CherryTrade puts on the homepage. You can see directly what other traders have won using CherryTrade. These are ordinary people from different parts of the world, working different kinds of jobs, making money trading binary options online. A very encouraging message for anyone who wants to start trading at CherryTrade.

CherryTrade Accounts and Bonuses

CherryTrade is the only binary options broker that has not only a fixed welcome bonus, but also a fixed subsequent bonus for traders. In fact, this is one of the most generous brokers on the market today, as you can read below in our CherryTrade review.

cherrytrade review

Classic ($200 – $499)

The CherryTrade Classic Account is the basic account where it all starts with. For beginning traders, this can be a nice account to take the first steps in the trading room. As you can see in the image above, a CherryTrade Classic Account already is enough for a (small) welcome as well as subsequent bonus of up to 25 percent. You also get daily and weekly market reviews for extra help making trading decisions.

>>Open Your Classic Account Now!<<

Bronze ($500 – $999)

For traders that want just a little bit more out of their CherryTrade account, there is an account that gives you a little bit more extras. The Bronze Account has an up to 35 percent welcome bonus and an up to 20 percent subsequent bonus. You also get the daily and weekly market reviews, and free weekly calls and an improvement session. To top it off, CherryTrade gives you 4 risk-free trades worth $25.

>>Open Your Bronze Account Now!<<

Silver ($1,000 – $4,999)

The most used account at CherryTrade is the Silver Account. Starting at a minimum deposit of $1,000, this is an account for the fairly larger and more experienced traders. You get all the benefits you get from a Bronze Account, and a little bit more. For example, your welcome bonus can be up to 50 percent and your subsequent bonus can be up to 35 percent. As an extra, you get Auto Trading Signals and 4 risk-free trades worth $50.

>>Open Your Silver Account Now!<<

Gold ($5,000 – $9,999)

CherryTrade offers 2 high roller accounts, the smallest of which is the Gold Account. Apart from the Silver Account, you get:

  • A Welcome Bonus of up to 75 percent
  • A subsequent bonus of up to 50 percent
  • 4 risk-free trades worth $250
  • 10 percent loss insurance on months that end in loss
  • Free alerts on breaking trades
  • Free weekly technical and fundamental trading sessions

>>Open Your Gold Account Now!<<

Diamond ($10,000 – $250,000)

The absolute cream of the account crop is definitely the Diamond Account. This is a Gold Account, but then larger. Both the Welcome Bonus and subsequent bonus are up to 100 percent, and you get 4 trades worth $500. Also, you get all the personal service and assistance you need from CherryTrade.

>>Open Your Diamond Account Now!<<

CherryTrade Trading: The Types of Options

CherryTrade, like most binary options brokers, uses the very popular SpotOption platform. This means that trading is very easy end clear and anyone can learn to work the trading room in a matter of minutes. To help traders out, CherryTrade even has written a step-by-step explanation, so that traders are guided throught their first steps when trading at CherryTrade.

cherrytrade review

CherryTrade offers the following types of binary options:

  • Binary Options
  • Pairs
  • Long Term
  • Sixty Seconds
  • One Touch
  • Ladder

>>Go to the Trading Room Now!<<

CherryTrade Education Center

The CherryTrade Education Center offers a variety of training materials that can help you become a better binary options trader. There is an extensive video library which is filled with videos covering every thinkable aspect of binary options trading, including trading psychology, financial management, and market analysis. Both beginning and advanced traders can find a lot of extremely useful info in the CherryTrade Education Center.

CherryTrade Trader Support

CherryTrade is one of the easiest-to-reach brokers in the world. With a list of 20 phone numbers covering countries in almost every part of the world (including most European countries, Aurstralia, the US, and South Africa), there is always a customer service agent with a phone nearby. But there are also other ways to contact CherryTrade. The Live Chat and email function are also available if you don’t want to call CherryTrade.

To Sum Up Our CherryTrade Review

Our CherryTrade review started out positive, and remained positive all the way. Only the relatively short list of underlying assets could put you off, but the rest is very good. This broker is more generous, equally well or even better equipped, and very trader-friendly compared to its competitors. So no wonder we have a hard time naming bad things in our CherryTrade review!

Start Trading With CherryTrade Now!

Is CherryTrade the ideal binary options broker for you? Find out now and sign up! Click here to go to CherryTrade.


Note: binary options trading is considered high risk trading and is always at your own risk. Be sure you know what you’re doing before you start trading binary options. Binary Options Reporter cannot be held liable for any damage or other consequences caused by binary options trading.

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