Cedar Finance
Cedar Finance is a binary options broker that is know for delivering a well-designed investment platform for the purpose of trading digital options online. These options are now known as being among the quickest and most robust solutions for cashing in on simple price movement forecasts. A basic prediction of price direction can yield large profits. The Cedar Finance platform is known for supplying a large variety of trade options in a straightforward manner. But what else does this broker offer? Read on to find out.Since launching their website and platform in 2010, Cedar Finance has built up a client base which at this point exceeds 300K traders. This was accomplished by providing amazing products, along with great investment solutions to the traders who desire them. This broker manages two different offices in Cyprus and can be contacted at either. Additionally, contact numbers are posted on their website for a host of additional countries. Cedar Finance is not yet officially licensed, but has already started the process towards becoming so. In the meantime, know that they do not keep trader funds within Cyprus based banking accounts.
Cedar Finance Payout and Earnings Rates
Binary options have undoubtedly become one of the most extensively preferred financial instruments on the planet due to all of the positive elements that they offer. Among these is the ability for traders to reap large payouts in very little time. The least that one might expect to earn on a winning trade with Cedar Finance is 68%. The maximum payout offered on standard trade types is 81%. This broker is no longer offering refund rates for select trades as they once did.High profit trade opportunities are also made available. These are presented in the form of Touch options which can be purchased throughout each weekend. These are futures options of sorts, since they will not run through their expiry period until the market next opens for trading. The top payout offered on this trade type is 250%. In the past, Cedar Finance required a $50 minimum investment on these high-yield trades, but they reduced that amount down to $10 so as to allow all traders to take advantages of these opportunities.
In regard to economic, trading with Cedar Finance is about as basic as it comes. As with all binary options trades, the earnings potential is going to increase along with the perceived level of risk, and decrease along with this as well. Less risk equals less prospective profit. Higher risk equals higher prospective profit. The formula is actually quite simple. The good news for traders is that at no point is anyone forced to take on more risk than they feel comfortable with. Traders also have the analysis process to consider, which can render prediction more of an exact science.
Investment and Trading Platform
Tradologic is now the driving force behind the Cedar Finance platform. This platform is completed web-based and does not require any type of download or installation. Because of this, binary options traders are free to trade anytime they have access to an internet connected computer. The platform is secured, protecting not only personal information, but financial information as well. The combination of massive trade variety and a world-class investment platform means that traders are going to have access to endless investment opportunities.The Cedar Finance is available in five different major languages, which should allow nearly all who'd like to trade binary options to participate. The platform also includes a wide variety of expiry times which traders can choose from. These start out at one minute and go to as long as a full month. Each available expiry period option is posted along with the investment opportunity (inside the investment window). The expiry times and the asset price data each come from Reuters and this data is directly imported into the platform.
 |
| Cedar Finance Trading Platform |
The available trade options include: Digital, Turbo, Range, and Touch. Each of these are plainly labeled within the Cedar Finance platform. Digital options are their form of the basic Call or Put style binary options trade. Turbo trading is the same basic trade, but with three different super-fast expiry times to choose from. Touch are weekend, high-yield options, and Range trades are boundary trades which are presented in both In and Out format. Option Builder, which was primarily used by advanced traders, has been removed from the platform.
Cedar Finance, like most binary options brokers, does have minimum investment requirements in place. These minimums have recently been reduced in an effort to allow traders of all financial levels to fully participate within the platform. For the fast Turbo trades, the minimum is set at only $5. For each of the other three trade types, the minimum is set at $10. Traders who may have previously passed over this broker because of their higher minimum investment amounts may want to re-consider partnership at this time.
Cedar Finance Accounts and Banking
Before being able to trade within the Cedar Finance platform, a deposit will need to be submitted. This broker asks for a minimum of $200 (or currency equivalent) to open an account. Credit cards, bank wire transfer, or various online payment processors can be selected as your means of deposit. Bronze, Silver, and Gold tier accounts are available, with access to each being based upon the amount of your deposit. Bronze accounts come with the $200, but traders may want to consider the higher levels since they do come with plenty of extras like supplemental tools and increased access to a dedicated account manager.Profits and other funds can be withdrawn using the exact same banking methods which are accepted for making deposits. Cedar Finance does have a minimum withdrawal amount in place, and this is currently set at $200. Credit card withdrawals are always free. Bank transfers can be free also, but only when they are in the amount of $500 or more. For withdrawals totaling less than this, there will be a $25 fee. Note that credit card withdrawals cannot exceed the amount of deposit. If you've earned more than this, the excess will need to be withdrawn via bank wire transfer.
The payment processing time is going to vary by account level. Bronze accounts are linked to 1-3 payment approval and 5-7 day disbursement time periods. Silver account members should have their payment in 5 days or less. Gold account members are provided with 2 day payments. Keep in mind that each of these stated time frames are based on business days, so if you request payment on the weekend, the turnaround time is not going to include those days.
Cedar Finance Bonus Funds
Cedar Finance does offer substantial amounts of bonus funds. The amount of the bonus is directly linked to the amount of your first deposit. It is possible to receive a bonus which is a 100% match of your deposit amount. Bonus percentages start out at 30%. As the deposit amount climbs higher, so does the bonus percentage. Binary options brokers often change their bonus structures, so be sure to visit the Cedar Finance website after reading this so as to verify the most currency bonus structure.
Cedar Finance Customer Service and Client Support
Just because Cedar Finance provides their platform and services exclusively online doesn't mean that direct customer service is not offered and available. In fact, this broker prides itself on offering custom support to each trader. All traders are supplied with one account manager who will be familiar with their account and is able to provide all types of help and assistance. Telephone, email, and live chat can each be used to contact this binary options broker.As part of their commitment to service, Cedar Finance provides plenty of market information, platform tours, binary options trading seminars (webinars), individual training and more. Assistance in at least one form is accessible at all times. Phone support is only accessible during regular business hours, but emails can be sent to support@cedarfinance.com at any time. The live chat box located on the website provides instant answers to most questions, and also allows traders to speak to a representative.
There are various other extras offered by Cedar Finance in the way of tools. These include things such as asset price charts which are updated live, various price graphs, and up to the minute financial news which is piped directly into the platform. Each of these is going to help with technical and fundamental analysis. Daily, weekly, and monthly reviews are each included on the website. These offer a great deal of insight in relation to various assets and markets in general.
In conjunction with all of these tools and resources, Cedar Finance delivers a wide range of written content and instructional videos which are going to help all who trade binary options within their platform. In this area, traders will find resources which will help them improve their trading skills, perform better analysis, and learn how to earn the largest possible profits when trading. All things considered, its clear that Cedar Finance is committed to helping traders to get the most from their binary options trading experience.
Cedar Finance Scam Potential
No review is ever complete without some examination into the possibility of a scam. A search for this type of information in relation to Cedar Finance did yield a few result. Further examination showed that these were simply basic complaints, and even these could not be verified. It is quite common for binary options brokers (and all businesses) to experience complaints for time to time. Since this broker is working with 300K+ people, there will be some misunderstandings, especially when traders do not take the time to read all the terms and conditions.In general, binary options scams are going to directly relate to either non-payment of funds or unfair variances within the investment platform. Cedar Finance is free and clear of either of these types of problems. This broker has already been in operation for a number of years now. Scam brokers typically do not remain in business for more than a few month, max. The internet empowers traders to expose bad brokers quickly and helps traders to avoid being taken by any broker with bad intentions.
Cedar Finance Ranking
In all areas, Cedar Finance ranks at or near the top. This binary options broker has done an excellent job of providing the services that traders want most, and has not been afraid to make changes when necessary. Their platform is well-designed, easy to use, and overall appealing. Everything is backed up by a solid customer support team. The tools and resources which are provided are hard to beat, as is the extensive asset index.Cedar Finance provides everything that the binary options trader needs in order to earn money. You wouldn't think that a broker would want to do this, but this broker has clearly figured out that it is possible for everyone to earn money from digital options. Because of this, they are able to confidently provide all types of tools to traders. As a trader, you only need to take advantage of them and if you do, you can earn limitless profits from trading binary options with Cedar Finance.
