Simple and user-friendly.
A little too simplistic.
Simple and user-friendly. Perfect for people who trade options and like an intuitive, fast trading system. Advanced traders may find this platform a little too simplistic, but can still benefit from a few of the innovative online tools.
TRADERSROOM Investing Platform Review
What is TradersRoom?
The TradersRoom trading platform is a relatively new platform, established in 2010. It is a 100% web-based platform, and uses the SpotOption trading platform. Because it is solely online, users are able to trade at all hours of the day.
Investing IQ’s official TradersRoom review:
TradersRoom is unique in that it deals only in digital (or binary) options. These digital options are reportedly the fastest and most efficient way to convert financial trade decisions into profits.
One of the best features about this trading platform is that boasts exceptional simplicity in order to ensure that traders can maximize their profitability. TradersRoom has only one trading platform, but two ways to trade, which are the pro trader and fast trader options.
User friendly Investing Platform
Because of its simplicity, TradersRoom Investing Platform a great trading platform for beginner traders. Unlike other services, it does not offer many educational resources to teach people how to trade or what options to trade on.
Commissions and Fees
TradersRoom does not charge any commission, which sets it apart from its competitors, and it has a large selection of assets to choose from. There is no minimum account balance required, but all trades must be a minimum of $25. Unfortunately, there are no mobile apps available for the TradersRoom platform.
Because it is a completely online platform, there are support people and trading coaches available for questions 24/7, which is a great feature.
TradersRoom trading services have received varying reviews.
Some reviews have given TradersRoom a score of 42/50, whereas others have given it a 3/10 rating. These reviews generally depend on what aspect the reviewer focuses on. Most of the people who use TradersRoom are very satisfied with their experience on the trading platform.
While some people claim it is the easiest, most user-friendly platform they have ever used, some claim it is far too simple, in that a person could make a trade without realizing it and end up losing a lot of money. Most users agree that it is a very professional service and that people can trade without interruption. You will find some complaints about the service are geared toward needing longer term options and better rates.