There is NO software installation necessary to trade on CherryTrade.com. The platform is 100% web reliant and can be accessed anywhere in the world.
All of your transactions – withdrawals, deposits and trading portfolio – can be quickly accessed in the section titled: ‘My Account’.
By logging into your account, you can access all of your information.
Updated and comprehensive lists of all available assets, and an explanation of each asset, their expiry times, symbol and trading hours are detailed on the Assets Index Page.
GMT +0 is the official time displayed by CherryTrade and is synchronized with the market time.
Green signifies an increased rate from the previous trading day at the close of the markets. Red signifies a decreased rate from the previous trading day at the close of the markets.
$5,000 is the maximum investment a trader can make per individual trade.
A binary option is a type of trading option in which the payoff is designed as a fixed amount on each return once the option expires. Traders often refer to binary options as digital options.
CherryTrade’s binary options platform is completely web-based and operates within the live and real-time world of trading across the different global markets. With CherryTrade, traders can profit quickly from short-term predictions and a particular underlying asset.
Commodities, stocks, currencies and market indexes are referred to as underlying assets. Investors can use the most up-to-date market information provided by CherryTrade to predict price movement for a particular asset from which they can see maximum returns on their initial investment in just a few seconds.
Binary Options trading is both profitable and easy to understand. As a result of this, there has been a huge increase among new traders and investors since 2008.
Registration is simple, efficient and fast:1. Click on ‘Open an Account’ link on the homepage
Trading with CherryTrade is completely secure and protected. CherryTrade uses the globally recognized SSL (Secure Sockets Layer) security system which encrypts all credit card payments over the web. This system is automatic and fully protected.
You will receive immediate notification if your browser does not support SSL’s security system.
Trading accounts can be opened in either USD, AUD, CAD, Euros, and GBP.
Please note: After funding your account, your currency cannot be changed.
The minimum deposit requirement is 200 of your account's currency, which you chose when creating your CherryTrade account.
*Please note that minimum amount corresponds to each given deposit method. p>
The maximum deposit amount depends on the deposit method used by the client
Credit card – $20,000 USD
Bank-wire Transfer – Unlimited
*Please contact support about alternative deposit methods and amounts. p>
A SWIFT code is the special identification code a bank uses when transferring money between different banks. Each bank can tell you what its SWIFT code is.
* Please note that if the SWIFT code contains eight digits only, you will have to insert XXX at the end.
CherryTrade allows you to cancel your withdrawal and return the funds to your user account at any time throughout the processing period. Canceling a withdraw is an excellent way to fund your account, so you do not have to wait for more funds to arrive in order to make your next deposit. In order to cancel a withdrawal, please contact us, either by phone or e-mail.
Money can be withdrawn from your CherryTrade account either by credit card (if your deposit came from that same card) or via bank-wire transfer. The Maximum withdrawn amount for each transaction is $20,000.
Earnings can be withdrawn via bank wire transfer or credit card. CherryTrade reserves the right to withdrawal earnings via their choice of method. The minimum amount required to withdrawal earnings is 100, depending on the currency to which your account is set.
In order to invest, you are required to either “Call” or “Put” regarding a particular option as listed within the underlying assets. Clicking on the “Call” or “Put” button will open an investment sheet in the same box. In this box, you will be asked how much you want to invest. Then you just have to click to complete the trade. Any selection can be canceled by clicking on the “cancel” at any time prior to the approval of the transaction.
* Please note that the market rate keeps updating in real time on the investment sheet.
The rates you see pictured in the various trading boxes are the quoted market prices of the underlying assets. The rate is a live feed directly taken from Reuters and adapted using CherryTrade’s own algorithms. The rates presented in the trading boxes via our home page are those at which CherryTrade will sell investors the listed options. p>
The expiration rate is the future level of the underlying asset at the time that the asset is set to expire as provided by Reuters. This is the time in which the trader will see whether or not his or her option expired “in the money” or “out of the money”. Different expiration rates are determined for each separate underlying asset. p>
Expiration times are listed as the exact time and date for the expiry of the option. p>
CherryTrade deals are dependent on the markets, which are dynamic and change all the time. The fluctuations in the market, in currency rates, and in other parameters, affect our fully automated pricing engine. This is why rates and premiums may change all the time. For your convenience, we developed the currency rates table which displays market data in real time and can give you an indication as to whether the rates are going up or down. When the rates in the bar are green it means they went up since the last update, when they are red it means they went down since the last update. p>
A few possible reasons may be inhibiting your trade:
1. CherryTrade’s assets are available only during the trading hours of the market. Apart from the market’s trading hours, assets will not be displayed on CherryTrade.
2. It’s also possible that there is a lack of sufficient investment funds in your CherryTrade account. Should this be the cause, simply deposit funds by clicking ‘Deposit’ once you are logged in to your account.
3. If you are still experiencing difficulties making a trade, please contact us via email at: [email protected] or through our customer service phone numbers in your region. p>
Rollover is a prevailing and popular stop-loss strategy that allows investors to postpone the expiration time of their current trade(s). If it appears that the market is not going in the favorable direction you thought it would, just use the Rollover feature to give yourself extra time for the market to change its trends. It will allow you to get back on the proper investment track. Here you have another added opportunity to capitalize on your investment. p>
• Delay the option’s expiration time
• Take advantage of a commanding stop-loss strategy
• Receive 30% higher returns once the option expires in your favor for an extra 30% on the investment
• Turn a loss into an instant win while you control the clock
• Rollovers are available up to 10 minutes prior to the expiration time
* Rollover can be applied just once per option trade
* Rollovers cannot be used for the end of the day trades.
If you are close to your expiry time, and you think that the direction you predicted is on a roll, then you have the chance to “do it again” by clicking on Double Up. By doing this, you can create a new trade with the same conditions, for the current price of the asset. In a nutshell, when things look good, Double Up gives you the opportunity to increase your investment and thus, double your profits. p>
Double Up Benefits:
• Increase your investment on open positions
• Make double the profit on expiry
• Immediately capitalize on a strong position
‘Call Options’ provide the trader with an immediate profit when the underlying asset jumps in value relative to its purchase price. Should the particular option expire at exactly the same purchase price, 100% of the original investment amount will be returned to the trader’s CherryTrade account. p>
‘Put Options’ provide the trader with an immediate profit when the underlying asset drops in value relative to its purchase price. Should the particular option expire at exactly the same purchase price, 100% of the original investment amount will be returned to the trader’s CherryTrade account. p>
If you have forgotten or misplaced your password, simply click on ‘Forgot Password’ and we will issue you a new password
For further assistance, please contact us via email at [email protected] or call us at one of our brokerage offices.
You can update the information via “My Account” » “Personal Details”. You can also contact us by support: [email protected]