Cedar Finance is one of the most popular and trusted brands in the binary options industry. The software is reliable and the support is swift and you are greeted by friendly staff. Our Cedar Finance review includes all information you are looking for.
Cedar Finance is a very respected broker in the binary options industry. Cedar Finance accepts US traders as well as traders from the rest of the world. They recently started to offer 200% signup bonuses to VIP customers. You can open three different accounts at Cedar Finance. The higher deposits you make the more benefits you will reap from their loyalty program. You get a free iPad if you deposit $5000 or more! In order to be eligible for it you need to make trades of a total of $2500 or more.
CedarFinance Starter account is best suited for people who want to test the platform. Minimum initial deposit for Starter is 200. Starter account requires 200 to 499 USD/EUR/GBP initial deposit. It packs a 30% bonus in addition to a set of features encompassing breaking financial news, trading e-book, video tutorials and 24/7 support.
CedarFinance Bronze account requires 500 – 999 USD/EUR/GBP deposit. Cedar Finance now offers another special for all the accounts other than STARTER – all the bonuses are increased. In case of the Bronze account, bonus is now 50%, up from 40% before. It is a limited offer, so hurry up. The Bronze account also includes all the features of the Starter, and
- 3 calls from the personal market analyst,
- 1 risk free trade,
- 1 trading strategy,
- 14 days of trading signals per email and
- Zoom magazine.
These features make the Bronze account a better fit for beginners, but still not optimal because newcomers get more profiting opportunities trough features such as risk free trades and signals.
CedarFinance Silver account requires a deposit between 1000 and 4999 USD/EUR/GBP. This account type is considered optimal for beginners because it includes more of aforementioned features. Advanced users will also find this package is more than enough for most of their requirements. Bonus is 75%. The account also includes:
- 5 calls from the personal market analyst,
- 3 risk free trades,
- 2 trading strategies,
- 1 month of emailed trading signals,
- 14 days of SMS alerts and
- Expedited withdrawals.
CedarFinance Gold account offers up to 100% bonus on minimum 5000 USD/EUR/GBP deposit. This is the most complete offer that covers all possible trading requirements. In addition to features of the previous account options, it also includes:
- a weekly training with personal market analyst,
- 5 risk free trades,
- Customized trading strategies,
- 3 month of emailed signals,
- 1 month of SMS signal alerts,
- Trading Academy Access and
- Live NFP analysis.
You can ask your account manager about getting a Platinum account. You need to deposit $10,000 to be eligible.
Minimum Deposit: $200
Max. Bonus: 200%
Currencies: USD, EUR, GBP
Max Returns: 85%
Minimum Investment: $5
Maximum Investment: $2000
Bonus Trading Terms: Bonus x 30
Trading Software and Assets
The software used by Cedar Finance is Tradologic as you might not see from some of the biggest binary options brokers in the world. It is very easy to use and it has all the features you need. The maximum trade in short term options is $500 since its a highly volatile option and easier to predict.
The trades you made can easily be monitored on the screen till they expire. You can also easily find your trading log also called portfolio my clicking the my portfolio tab.
The design is soft and slick and you will not lack anything trading with Cedar Finance.
Trade Options: High / Low, One Touch, Boundary, Touch Options
Early Close: Yes
Expiry Times: 15 sec, 30 sec, 60 sec, 2min, 5min, 15 min, 30 min, 1 hr, 24 hr+, End of Day
Assets: Currencies, Stocks, Indices, Commodities
Support and Services
The support service at Cedar Finance is outstanding. You get answers right away and the support staff is very friendly with a personal approach. You will also get a mail from your own account manager in case you need assistance with anything.
The live chat is very handy and can solve your problems on the spot.
You can also request getting a call from a trading analyst to get you started with a higher chance of success.
Cedar Finance Support Phone Numbers
United States +1 347 486 4045
United States +1 415 906 5206
Cyprus +357 220 306 45
UK +44 560 370 4113
France +33 533 520 195
Austria +43 800 802 004
International VOIP +883 510 001 123 164
Banking and Company
The banking options at Cedar Finance are vast and superior to many new binary brokers. You can naturally deposit via the standard credit cards and bank wire, but you can also deposit via Moneybookers and a large numbers of electronic transfers specialized to local markets such as Ideal in Holland, Nordea in Scandinavia and many more.
The deposits are instant and you can trade right away. We discovered this when researching for this Cedar Finance review.
You will have to verify your ID, address and credit card if you use that deposit with. This is for your own safety to prevent money laundering and the use of stolen credit cards.
There is no minimum fee. The fee when withdrawing to credit card is $0. The Bank wire costs $25, but only if the amount is lower than $500. That is being charged by the bank so its not Cedar Finance making a profit on this.
Deposit Methods: Visa, Mastercard, Amex, Bank Wire, Skrill Moneybookers, Diners Club, JCB
Cashout Time: 5 bank days with Skrill
HQ: T.B.S.F Best Strategy Finance Ltd., 1 Avlonos, Maria House, 1075 Nicosia, Cyprus
Nationalities: All nations incl. USA
Jurisdiction: Cyprus, European Union
Online Since: 2011