23Traders is a Forex, CFD and binary options broker owned and operated by Decimol Ltd, with an address at 53-55 General Edward I. Totleben Boulevard, 1606 Sofia, Bulgaria.
Table of Contents
23Traders Platform
Trading platforms are the interface where the trading on assets such as commodities, currencies, stocks or indices are done. A good trading platform should have charting tools and indicators, it should also be easy to use and very fast in executing trades. 23 Traders broker uses the SpotOption platform, it has a huge range of assets to trade on. The binary options type offered by this platform are the Regular binary, 60sec, Long Term, Ladder, One touch, Limits and pairs, they also offer Forex and CFD trading.
Withdrawal and Deposit Method
23Traders withdrawal and deposit methods could be carried out by the following means: Visa, Bank Wire transfer, MasterCard, Skrill, Neteller. 23 Traders broker minimum deposit is $1000 which is very high compared to brokers like ExpertOption that have a minimum deposit of $50.
License and Regulation
23Traders is NOT a licensed broker. This means there are no regulatory bodies that monitors their activities to ensure they stick to best practices. Complaints about these unlicensed brokers are withdrawal issues(not being able to withdraw your money) and since they are unlicensed and unregulated, no regulatory bodies can fight for you, so you are left helpless. This is a source of major concern.
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