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Compare Market Punter vs. CherryTrade

Selecting the most appropriate binary option trading srevice for your business is hard with a lot of functions, options, and terms to choose from. But, depending on our review platform will allow you to streamline the necessary steps by displaying all major services in a single location. As an illustration, you can contrast Market Punter and CherryTrade for their tools and overall scores, namely, 7.4 and 8.1, respectively. Likewise, you can check which provider has higher general user satisfaction rating: 95% (Market Punter) and 100% (CherryTrade) to learn which one is better. Don’t just start using the platform with the lowest minimum deposit, but the one that gives the best value for your money.

Compare

Market Punter

VS

CherryTrade

VS

Total Score

Our Score

7.4 ?

Our Score

8.1 ?

Customer Experience

Customer Experience

95% ?

Customer Experience

100% ?

Minimum Deposit

$250

$200

Accepts US Clients

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Full Review

Description

Market Punter’s TradeSmarter platform is loaded with a fast and user-friendly interface. It also comes with a small demo trade feature so traders can see how it actually performs and how it feels before they make a commitment.

The trading platform is simple and straightforward, and offers 60 second and 15 minute options along with the regular Up/Down options. It also provides two types of real time charts to track your trades. One is the standard line chart that opens in a pop out window and you can also easily switch to a detailed candlestick chart.

CherryTrade uses the SpotOption trading platform. A popular trading platform option among binary brokers, SpotOption flaunts a relatively easy to use interface and is loaded with basic and advanced features that novice traders will be able to learn to use in no time. SpotOption is now available for mobile devices, specifically Android and Apple iOS smartphones and tablets.

The platform is 100% web-based which means you don’t have to download any software. It can be accessed anywhere in the world. You can quickly access all your transactions – deposits, withdrawals, and trading portfolio – in the ‘My Account’ section. The maximum amount you can invest per individual trade is $5000.

Payout ratios

Market Punter offers payout up to 85%.

CherryTrade offers payout up to 85%.

Located In

New Zealand Gibraltar, European Union

Comission

No
No

Phone

4420 3695 9422 917-775-0324

Trading Accounts

No information available.

 

CherryTrade offers five types of accounts:

Classic Account – Deposit 200+

  • 20% welcome bonus
  • Junior broker
  • Level 1 education center

Pro Account – Deposit 2,500+

  • 35% welcome bonus
  • Executive broker
  • 1-on-1 basic training – 1 hour
  • Level 1+2 education center
  • General trading signals

Gold Account – Deposit 6,500+

  • 70% welcome bonus
  • Executive broker
  • Risk free trades x3
  • 1-on-1 advanced training – 3 hours
  • Level 1-3 education center
  • General trading signals

VIP Account – Deposit 50,000+

  • 50% welcome bonus
  • Executive broker + analyst
  • Risk free trades x5
  • 1-on-1 analyst sessions – 7 hours
  • Level 1-4 education center
  • Personalized trading signals

Corporate Account – Deposit 100,000+

  • 30% welcome bonus
  • Executive broker + analyst
  • Risk free trades x10
  • 1-on-1 analyst sessions – Unlimited
  • Full education center
  • Personalized trading signals
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Customer Service

EMAIL PHONE NO.
LIVE SUPPORT TRAINING
Customer Support Languages: English, Spanish, German, French, Russian, Chinese, Arabic, Swedish
Customer Service Hours: Market Punter offers customer support from Monday to Friday.
Place Trades Over the Phone?: No
EMAIL PHONE NO.
LIVE SUPPORT TRAINING
Customer Support Languages: English, Spanish, German, French, Chinese, Japanese, Italian, Arabic, Dutch, Swedish
Customer Service Hours: CherryTrade provides 24/7 customer support.
Place Trades Over the Phone?: Yes

Payouts Percentage

85%

85%

Place Trades Over Phone

No
Yes

Email

support@marketpunter.com support@cherrytrade.com

Deposit Options

Credit Card, Debit Card, Bank Wire Transfer, Moneybookers, CashU, Skrill Credit Card, Debit Card, Bank Wire Transfer, CashU, Skrill

Bonuses & Rewards

No Deposit Bonus: No
Bonus for First Deposit: No
Is the Bonus Based on the Volume of the Transaction?: No
Other Bonuses: No
No Deposit Bonus: No
Bonus for First Deposit: No
Is the Bonus Based on the Volume of the Transaction?: No
Other Bonuses: No

Platform

Platform type: TradeSmarter
Platform Languages: English, Spanish, French, Russian, Chinese, Japanese, Italian, Turkish, Arabic, Dutch
OS Compatibility: Mac OS, Windows
Streaming News Feed: Yes
Email Alerts: Yes
Mobile Alerts: No
Platform type: SpotOption
Platform Languages: English, Spanish, German, French, Russian, Chinese, Japanese, Italian
OS Compatibility: Mac OS, iOS, Windows, Android
Streaming News Feed: Yes
Email Alerts: No
Mobile Alerts: Yes

Assets

Forex, Metals, Oil, Gold, Indices, Stocks, Commodities Forex, Indices, Stocks, Commodities

Withdrawal Options:

Credit Card Credit Card, Debit Card, Bank Wire Transfer, CashU, Skrill

Trade Types

Market Punter offers the following trade types:

  • High / Low
  • 60 Seconds
  • Long Term
  • Option Builder
  • Touch Options
  • Pair Options

CherryTrade offers the following trade types:

  • High/Low
  • Pairs
  • Long Term
  • 60 Seconds
  • One Touch
  • Ladder
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No Binary Options Brokers will be able to cover all the requirements of a business. Even though core functionalities of Market Punter and CherryTrade are important you should also carefully analyze the integrations provided by a given software. In many cases your team will already be making use of some other SaaS software in your company and it’s always wiser to opt for solutions that integrate well with each other. That way you will be able to guarantee a smooth transfer of data between your teams and software used, which can considerably reduce time spent on migrating between one software and the next.