Min deposit: $ 300,00|Open Demo Account
CitiTrader has been around ever since 2010. They use SpotOption as their trading platform, so you can expect that it’s a platform to use. It has been tried and test through years. One thing standout for CitiTrader, it’s their payout, which’s as high as 80%, now it’s not the best in the industry but for SpotOption trading platform brokers, it’s one of the best. They also offer high Out-The-Money trade at 10%, it’s not bad at all since not all brokers offer Out-The-Money return, not even to say at 10% rate. The minimum deposit is $300, which is what most brokers demand this days. One of CitiTraders’ aces is the free demo account. Unusual, but CitiTrader offers it without any strings attached. All in all, this makes CitiTrader one of the better brokers you can choose. Scroll down to read our full CitiTrader review
CitiTrader Review: Assets
We can count today over 90 different assets in their platform, which’s one of the most assets I’ve seen, so it would satisfy most traders for their different trading desires and preferences. . CitiTrader also a fine mixture of Stocks from all major regions – Asia, Europe and North America are well represented. All the major currency pairs are also included and some interesting minors like the Egyptian Pound and the Russian Ruble. Forex has become a staple for many traders since it can be traded 24 hours a day. It doesn’t matter where you live, currencies can always be traded.
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CitiTrader Review: Charting
Charting is not special due to it’s web-based nature. You won’t find a web-based Binary Options brokers who offer complicated chart, it’s simply impossible to load all the things at a browser. The better solution for you is to use a separate chart like Metatrader or just use freestockcharts.com. Although the CitiTrader team is trying really hard to offer the latest technology, the SpotOption platform sometimes do them few favors. For those traders focused on just a few assets, there’s no way of adding them as favorites. Pro traders usually stick just to a couple of underlying assets, so a favorites or filter function would be nice
This review would not be enough without complaints reports.There’re a few complaints made due to CitiTrader demo account, innitially, they offer a demo account, but then they only offer it for activated account (deposited account), therefore, there’s slight confusion among trader. There’s complaints about low payout rate and lagging platforms. No complaints about withdrawal. If you have any complaints, please comment below or use contact us form.
Bonus up to 150%
We have a few withdrawals done with CitiTrader and it’s good enough, we get the money on time everytime. CitiTrader offers plenty of ways to withdraw to your account, whether you prefer Credit Card, CashU, MoneyBookers or a plain and simple Wire Transfer.
CitiTrader offers three different ways to communicate with them: Phone, email and live chat support. All the communication methods are working smoothly, so we rate them well for this aspects. The only thing that is missing is really a tutorial or an ebook explaining more in depth how Binary Options work. The FAQ is very good but an ebook is always better. In addition an educational video series would also be a very nice complement. Some beginners simply learn better by watching and therefore a video series would cater to those who prefer video instead of text.
- Headquarters: Scottsdale, AZ, USA (for exact location see map below)
- Founded: 2010
- Domicile: Bulgaria (EU member)
- Minimum Deposit: $300
- Minimum Transaction: $5
- Maximum Transaction: $3000
- Markets: Forex, Stocks, Indices, Commodities
- Number of Assets: 90
- Max In-The-Money Return: 80%
- Max Out-Of-The-Money Return: 10%
- Lock-Out Period Duration: from 2 minutes
- Option Frequency: Every 15 minutes
- Early Closure:
- Roll Over:
- High/Low Binary Options:
- One Touch Binary Options:
- Boundary Binary Options:
- Binary Options Builder:
- Sell Options:
- Long Term Binary Options:
- 60 Second Trades:
- Option +:
- Deposit Currency: US Dollar, British Pound, Japanese Yen, Euro, CAD, Indian Rupies
- Account Funding: Visa, MasterCard, Dinners Club, Maestro International, JCB, Carte Bleue, Dankort, CartaSi, Laser, Discover, Liberty Reserve, MoneyBookers, Money Gram, Wire Transfer
- Accepts Clients From: All nationalities
- Demo Account:
- Deposit Bonus:, up to 150%
- Regulated:, some regulation through EU
CitiTrader Review concludes here, I believe that you’ve added to your trading arsenal different views on CitiTrader. If you have any suggestion, please comment below, we’ll consider adding it to CitiTrader Review if see fit.
Cititrader Review Video: