CherryTrade Review

25-100% up to $20,000
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It is not possible opening an account at CherryTrade any more as they are out of business. Take a look at our top rated binary option broker reviews instead. CherryTrade… more

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Broker CherryTrade
Website URL
Founded 2014
Headquarters 1A Arcade House Temple Fortune, London NW11 7TL
Support Number 917-775-0324
Support Types phone, email: [email protected], live chat
Languages English, Arabic
Trading Platform SpotOption 2.0
Minimum 1st Deposit $200
Minimum Account Size $200
Minimum Trade Amount $10
Maximum Trade Amount $100,000
Bonus 25-100% up to $20,000
Payout 85%
Free Demo Account Open Demo
Account Types Basic, Professional, Expert, VIP, Corporate
Deposit Methods credit card, wire transfer
Withdrawal Methods credit card, wire transfer
Number of Assets 180
Expiry Times 30 seconds, 60 seconds, 2 minutes, 5 minutes, 15 minutes, 1 hour, 2 hours, 4 hours, end of trading day, end of trading week
Types of Assets buy or sell binary options on stocks, commodities, forex and indices
Option Types short term options, long term options, pair options, ladder options, one touch options
Trading Currency you can buy or sell binary options on all major currency pairs, most minor currency pairs and exotic pairs like Russian Ruble and South-African Rand
Account Currency You can fund your Cherrytrade account with any major currency
US Traders Allowed Yes
Mobile Trading Yes
Tablet Trading Yes
Overall Score 7.5

Full Review

It is not possible opening an account at CherryTrade any more as they are out of business. Take a look at our top rated binary option broker reviews instead.

CherryTrade Trading Platform

Available in English and Arabic, the CherryTrade platform can be accessed from anywhere in the world, however the broker does not accept U.S clients anymore. CherryTrade has gained its reputation because of the quality of the services it offers, such as its educational center and its iFollow feature.

The platform was designed to provide an enjoyable user-experience and to make trading simple and exciting. The website is run by the popular SpotOption operating system and traders do not need to download any additional software to use the platform. A simple web search will take you right to it.

CherryTrade’s Unique Features

CherryTrade’s iFollow feature allows users to choose one of the platform’s top traders, imitate his trades and make the same profits. Thanks to this incredible tool, new traders will be able to use the expertise of more skilled and experienced traders to generate high payouts.

Mobile Trading

CherryTrade is also accessible via tablets and smartphone through the Android store and enables traders to track their options from wherever they want, at any time during the day.

Trading Account

CherryTrade’s accounts range from Basic to Professional, Expert and VIP, right up to the Corporate. Each trader will find the type of account that suits his needs and with starting investments can be as low as $200, you will have access to our Basic account and its features, while higher amounts will open you the doors to upgraded accounts and their countless benefits, such as risk-free trades and bonuses.

CherryTrade Bonus

A welcome bonus is offered to CherryTrade’s new clients. Once accepted the volume of this bonus will have to be traded 30 times before the user is permitted to withdraw funds from his customer account.

Additional bonuses can be given to long-time clients in accordance with promotional offers.

CherryTrade Broker Reliability

While CherryTrade may be quite new to the binary options industry, CherryTrade has gained a reputation as a trustworthy broker. Its platform runs smoothly and offers a wide range of tools to make trading easier and more enjoyable. The site’s customer support team is very responsive and can be reached through phone, email and live chat.

CherryTrade Review Conclusion

The broker offers an average profits of 81% for the Call/Put but can go as high as 1500% for the Ladder trading tool! CherryTrade has combined the best educational resources to a diversity of trading tools, as well as an efficient support service to provide its clients with the best trading experience possible.

✓ High payout on ladder options up to 1.500%
✓ Binary Option social trading via iFollow
✓ Low minimum investment per option of just $10
✓ Regular bonuses and free trades for long term clients
✓ No hidden commissions or fees

Register for free and claim 5 free trades


  • Offers binary option social trading
  • Low minimum investment per option of just $10
  • High payouts on ladder options up to 1.500%


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I hereby declare this review to based on my own experience trading with this broker and I did not reseve compensation in any way submitting this review

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