Global Trader 365 have ceased all operations. Please visit our recommended brokers page.
The following review will remain for posterity and for the comments and ratings from traders at the end of the review. appears to be just another SpotOption white label on first glance, but a closer look reveals that they are a very exciting broker offering unparalleled customer service and excellent features all around. The only drawback we found was the minimum withdrawal limit, which is pretty high, but otherwise, we can give them a solid recommendation. The reputation and customer support are both very positive.
- Official Website:http://www.globaltrader365.com/
- Headquarters: British Virgin Islands.
- Phone Number: 1-347-4712403 (in USA; other numbers available)
- No USA Traders
- Trading Platform: SpotOption
Is Global Trader 365 a Scam?
While many binary options brokers are scams, and while Global Trader 365 may appear to be “just another SpotOption broker” on the surface, There are many signs of good faith: they offer a demo account, and they put it in plain view, obviously encouraging traders to use it before investing their money. The demo account has no limits.
On top of that, customer service is amazing. If you contact this company, a real human being will talk to you, and if you ask for answers on any topic, you’ll receive up-front, transparent information.
Deposit Currencies: British Pounds, US Dollars, Euros
Minimum Deposit: $250 or equivalent
Deposit Methods: Credit card, wire transfer, CashU
Fees: $25 for wire transfers
Withdrawal minimum: $100
The withdrawal minimum is definitely an irritating point. At least the minimum deposit is double that (so they aren’t encouraging you to deposit less than you can withdraw). You may want to start out with a larger initial deposit so that you are less likely to encounter issues trying to withdraw your money later. Remember to trade small percentages of your account so you can endure more losses before you dip below your minimum. Normally this would be more upsetting, but since it is literally the only drawback we found, we’re going to go ahead and say it’s not a big deal if you trade conservatively.
GlobalTrader 365 Bonus Information
Match bonuses are available: $100 on a $300 deposit is the lowest bonus available, and the highest match bonus is $500 on a $1000 deposit. Referral bonuses are available as well.
Types of Options and Payouts Available:
•High/Low, Options Builder, One Touch, 60 Seconds
•Maximum payout per trade: 81%
•Average out of money reward: 0-10%
Trading Features at GlobalTrader365
Global Trader 365 is powered by SpotOption, which is probably the most commonly used platform for binary options brokers online. If you have spent much time trading or even learning about binary options, then you are already most likely pretty familiar with the SpotOption platform.
•Unlimited Demo Account. This is one of the coolest features of Global Trader 365. If you navigate to the bottom of the page and check the links on the left-hand side, you’ll see the link to the demo account instructions. All you have to do is register and then email [email protected] to get a demo account. The customer service team will provide you with virtual funds to practice with. You can trade with your demo account for as long as you want.
•Flexible trade sizes. Trade as little as $5 on the 60 Second trades, or as much as $2,000 on other trade types.
•Trading tools include double up, rollover, expired rates, weekly market review, daily market review, and expired rate rules.
Assets Available to Trade
There are 83 assets available to trade on Global Trader 365, including stocks, indices, currencies, and commodities. The full list is included below. Scroll past it to read about the awesome customer service this broker provides and to read our final thoughts. Even though Global Trader 365 isn’t as well known as some other binary options brokers, we have a feeling that their reputation is only going to grow by leaps and bounds.
•BRITISH AMERICAN T
•TEL AVIV 25
Customer Service at Global Trader 365 (It is Excellent)
This is the area where Global Trader 365 really sets itself apart from its competition. If you try to contact customer service agents on binary options websites via live chat, one of two things will almost always happen: either you’ll get a human agent who will be entirely unhelpful, you’ll get a robot and not a real person, or you will be told to check back later (indefinitely).
On Global Trader 365, we actually get to talk to a real live human being, right away. The customer service agent was named David, and he greeted us with a polite “How are you?” David was very fast with all his responses, and was not only willing to patiently address each of our inquiries, but was also happy to provide us with inside information on the binary options world, especially concerning the topic of regulation. The experience was so different from our typical experiences with binary options websites that it was night and day. Try contacting Global Trader 365 via phone or chat. We are sure you’ll be impressed and pleasantly surprised.
Read up on what we all learned from Global Trader 365 customer service
Final Thoughts on Global Trader 365
When you first view the website for Global Trader 365, you will probably not think of it except that the page is clean and well designed, but looks like every other binary options site you’ve seen. Closer examination will reveal however that Global Trader 365 is miles beyond its competitors in terms of customer service. The inclusion of a fully functional demo account with no limitations and no strings attached just makes this site even better.
Global Trader 365 is not regulated, but if you ask them about this, you will quickly stop worrying about it. Most companies start making excuses for themselves or redirecting the conversation, but Global Trader 365 is up front about their lack of regulation, and equally open about the poor regulation governing the industry as a whole. Over the coming years, this broker will probably add even more great features; we fully expect them to become one of the most popular and successful brokers out there. That amazing customer service makes all the difference in the world.
Visit www.GlobalTrader365.com to learn more, get signed and start trading binary options