WHY IT IS BAD?
Talking about why it sucks would not be a great start for this article. But it is nice to know the bad news first so that it can be pacified with good stuff. So let’s get to the bad stuff. Why does TraderXP suck? Some reviews states that the broker is known as a marketing machine, but this has greatly changed in a short span of time. Yes, it knows what traders desire and they showcase their products really well. The bevy of trading tools and assets shades its client’s eyes. When its clients gets used to the light it sheds on them they will surely realize that they are on the wrong side of the road. Having variety is actually good when you are aware of your moves. If your eyes are open to reality then you have to look for a broker that can offer you higher profits.
WHY IS TRADERXP GOOD?
An update market analysis is something that males TraderXP good. On some reviews about the site, you may have known that it has been handed over to a new owner. Clients who were not satisfied with its previous ownership were refunded as the site undergoes total reconstructions. BOTS.com continuously monitors the sire and makes sure that there are useful improvements. For example, Daily Market Analysis is updated. This is typically a normal change because most brokers in the industry are mean and they have very low standards. TraderXP has stood up to its standards thanks to it updated market analysis.
IS THERE PROFIT FROM TRADERXP?
TraderXP was launched in 2009. So it has been around for 5 years. This web based platform can be deemed as a veteran Binary Options Brokers. TraderXP uses the SpotOption platform which is quite famous because of its ease of use. The platform offers over fifty three assets to trade making TraderXP a quite famous broker. The website added several assets giving more choices for its traders. You can choose from 15 currency pairs, 33 stocks, 28 indices, and 7 commodities. These are impressive improvements that you can clearly compare from its previous fifty-three assets.
The more assets it offers, the more profit you can get from it. The site offers good tools for trading such as One-Touch Options. This option allows traders to trade on weekends, access live news feeds and offer customer support as well as live chat in a dozen of countries 24 hours a day, seven days a week. Their customer support is highly alert towards helping you with your trading queries. Well, these are the facts that the site claims with regards to customer support. But if you want to test its support power then you can try it out yourself.
TraderXP: A SCAM OR NOT?
One way to know if TraderXP is a scam or not is to read reviews and comments from binary options review websites. When you do so, you will be surprised at how much trash and bad feedbacks you can see from about the company. There are many low class review sites out there that claims that TraderXP is bad. However, you need to be extra careful about believing these sites because they may be paid reviews to smash competitors. Additional, if these complaints are real then these most likely come from those new brokers who loss much money from the site due to excited and unprecedented decisions. Why are beginners the losers in this site? Well, simply because TraderXP is not for novice traders. So if you are a trader then do not go to this site and try to look for other sites.
You can always check our recommended brokers by clicking here.