Cedar Finance

Cedar Finance

Score: 9.3
Bonus Amount: 75%
Min First Deposit: $200
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Broker Details

Name Cedar Finance
Founded 2012
Headquarters Location Cyprus
Website Languages English, French, German
Trading Platform Spotoption
Minimum 1st Deposit $200
Minimum Trade Amount $5
Bonus upto 75% first deposit welcome bonus
Options Profitability 81% - 500%
Options Refund 10%
Account Types Bronze, Silver, Gold
Regulation Info CySEC
Security and Privacy Offered Yes
Free Demo Account Yes
Deposit Methods Visa, MasterCard, Diners, Maestro, Solo, Skrill, Nodrea, iDeal, CashU, Bank Transfer
Trading Methods High/low, Range, 60 Seconds, Option builder, One touch
Types of Assets Currencies, Commodities, Stocks, Indices
Number of Assets 83
Expiry Times 60 seconds, 1 hour, 1 day, 1 week, 1 month, 1 year
Account Currency USD, EUR, GBP
US Traders Allowed USA
Mobile Trading Yes
Tablet Trading Yes
Free Assistance Yes
Market news & analysis Yes

Home Page screen shot

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Trade page screen shot

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Pros

  • Large amount of assets to choose from
  • CySEC licensed and regulated
  • Low minimum trade size ($5)

Cons

  • Relatively new broker
  • Welcome bonus is max 75%
  • Demo account on demand only
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Review

Background: Cedar finance is a relatively new options broker and was launched in 2012 as part of a Binary united, a program…

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Background:

Cedar finance is a relatively new options broker and was launched in 2012 as part of a Binary united, a program that includes four more binary brokers under it’s wing and set it’s sight at becoming the biggest binary options brokers group online.

Cedar finance main office is located in Cyprus and is regulated by Cyprus’s securities and exchanges commission (CySEC) they are powered by the SpotOption trading engine.

The company offers free assistance and support in 3 languages including English, French and German via chat, email and phone.

The platform:

As a Spot Option powered broker, Cedarfinance.com trading platform is easy to use and quite intuitive. The platform features five different trading options while relying on it’s quotes feed from Thomson Reuters.

  • High / Low
    Ground zero for options trading, this is the simplest and first binary options trading way by allow a quick and easy options trade with automated exits and the chosen expiry time. You pick an asset, pick a time frame (expiry time) and if the price at the end will be lower or higher.
  • Option builder
    - For advanced users only -
    The option builder enables the pro trader to set different expiry times, different payout percentage and a different insurance level in order to maximize he’s/she’s potential profits.
  • One touch platform
    Options can be purchased with a predefined rates that are mandatory to winning this option. One touch options buys are only available on the weekends and have 5 different expiry times which gives the trader 5 different chances to win the trade.
  • 60 seconds
    - Fast trades & fast payouts -
    Super fast trading, limited to 60 seconds market shifts.
  • Range
    Range trading allows investors to decide whether an asset’s end price will fall between a set price range.

Pay attention to:

  • Cedar finance profitability range is upto 81% on regular trades and upto 500% on one touch weekly trades.
  • Minimum first deposit accepted is $200 and the minimum trade size is set to $5 – enables new users lower risk trading.
  • Demo account is only available upon request from Cedar’s support team.
  • Cedarfinance.com is regulated in the EU by CySEC
  • Maximum trade size allowed is $3000 which is  high enough for experienced traders but is not the highest available in the market.
  • Cedar finance offer more than 80 different assets to trade with – excellent for experienced users looking to diversify their investment portfolio.

Conclusion:

Cedar finance are aiming high as part of binary united brokers consortium, they offer a limited welcome bonus but makes up for it with more than 80 different assets to trade with. They offer great support for new users and are on overall a good, reliable and EU regulated binary options broker for US and non US traders.

Cedarfinance.com binary options broker review
Cedar finance binary options review
Date Published: 03/10/2013
Cedar finance online binary options broker review by INVESThing.net staff
9.3 / 10 stars
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