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Software CherryTrade vs. Nordex Trading

Choosing the best binary option trading srevice for your company is not that easy with a lot of features, options, and offers to choose from. But, using our website will make it possible for you to cut down the necessary steps by reading all main services in a single place. As an illustration, you can contrast CherryTrade and Nordex Trading for their tools and overall scores, in this case, 8.1 and 7.0, respectively. Furthermore, you can check which service has superior general user satisfaction rating: 100% (CherryTrade) and 99% (Nordex Trading) to determine which solution is the better option. Don’t just choose the platform with the most attractive minimum deposit, but the service that offers the best value.

Software

CherryTrade

VS

Nordex Trading

VS

Our Score

Our Score

8.1 ?

Our Score

7.0 ?

Client Experience

Client Experience

100% ?

Client Experience

99% ?

Minimum Deposit

$200

$300

Accepts US Clients

Yes
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Detailed Review

Description

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.

Nordex Trading offers traders SpotOption’s newest trading platform. Known to be user-friendly and built with an intuitive interface, the second-generation SpotOption is now loaded with new features and trading tools that are designed to further improve the trading process and give traders a better experience. It is the most popular trading platform in the world today and now has mobile versions for Android and iOS devices.

Nordex’s state-of-the-art trading platform offers modern trading solutions designed to capitalize on market rate movements in the world’s emerging markets. The platform is 100% web-based which means you don’t have to download any software. The broker offers a combination of fundamental and technical analysis to teach clients to reduce risk and maximize profits.

Trading Accounts

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

Nordex offers four types of trading accounts:

Silver Account

  • Initial deposit bonus  
  • Introductory binary options course
  • Islamic trading account option       
  • Daily market review
  • Weekly market review        
  • Monthly market review       
  • 1 trading strategy

Gold Account

  • Initial deposit bonus  
  • Introductory binary options course
  • Islamic trading account option       
  • Daily market review
  • Weekly market review        
  • Monthly market review       
  • 3 trading strategies
  • Account money management strategy
  • Personal account manager

Platinum Account

  • Initial deposit bonus  
  • Introductory binary options course
  • Islamic trading account option       
  • Daily market review
  • Weekly market review        
  • Monthly market review       
  • 5 trading strategies
  • Account money management strategy
  • Personal account manager
  • Personalized training
  • VIP lounge  
  • Trading signals        
  • Expedited withdrawals

Royal Black Account

  • Initial deposit bonus  
  • Introductory binary options course
  • Islamic trading account option       
  • Daily market review
  • Weekly market review        
  • Monthly market review       
  • Unlimited trading strategies
  • Account money management strategy
  • Personal account manager
  • Personalized training
  • VIP lounge  
  • Trading signals        
  • Expedited withdrawals
  • Unlimited webinars

Withdrawal Options:

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

Assets

Forex, Indices, Stocks, Commodities Forex, Indices, Stocks, Commodities

Located In

Gibraltar, European Union Nicosia, Cyprus

Email

support@cherrytrade.com

Customer Service

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
PHONE NO.
LIVE SUPPORT TRAINING
TICKETS
Customer Support Languages: English, Russian, Arabic
Customer Service Hours: Nordex Trading offers 24/6 live support.
Place Trades Over the Phone?: No
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Place Trades Over Phone

Yes
No

Phone

917-775-0324 +44 203 608 8222

Platform

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
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: Yes
Mobile Alerts: No

Comission

No
No

Trade Types

CherryTrade offers the following trade types:

  • High/Low
  • Pairs
  • Long Term
  • 60 Seconds
  • One Touch
  • Ladder

Nordex Trading offers the following trade types:

  • Standard Call/Put Binary Options
  • 60 Second Binary Options
  • Option Builder
  • One Touch Binary Options
  • Pair Options

Payouts Percentage

85%

85%

Payout ratios

CherryTrade offers payout up to 85%.

Nordex offers returns up to 85%.

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

Deposit Options

Credit Card, Debit Card, Bank Wire Transfer, CashU, Skrill Credit Card, Debit Card, Bank Wire Transfer
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Please note that even though both CherryTrade and Nordex Trading may provide a reliable array of features each app may be created for a different business size. If you are studying different apps you may want to pay attention to a company size they are meant for. Specific features may scale up efficiently for huge enterprises but if you run a small or mid-sized business it’s usually more sensible to avoid paying for advanced features that you may never use.