• Warning
• Background
• Trading Platform
• Trading Conditions
• Education
• Support
• Licensing

Warning

On July 4, 2017 Britain’s Financial Compliance Authority (FCA) issued a warning about TraderVC, accusing it of “selling” services they cannot actually provide as described on their website.

 

Background

TraderVC is a trading site opened in November 2016 and is owned by BetaTech Ltd., whose address has been listed as 35-37 Ludgate Hill, London, EC4M 7JN, United Kingdom. The phone number provided is in South Africa, +27-51111 00 11 . That is because the site specifically focuses on the South African market, but, of course, is also open to international traders.

Platform

TraderVC employs the Panda Trading System (PandaTS), which is rapidly gaining popularity among online investors. Its major assets are that it is easy to use, and that it enables an investor to trade a variety of assets, including binary options, CFDs and forex. At the time of our visit, clients were permitted to invest in up to 68 different assets.

The site now features a demo account on which traders can learn to train before they begin. In addition, the Follow Leaders trading tool, which is a new innovative option, is designed to enhance a trader’s experience when investing in binaries. It is actually very simple to use and traders can monitor performance of other traders and follow their progress.

To guarantee security, TraderVC holds each investor’s funds in a segregated account, and employs 256bit SSL encryption to protect both financial and personal data.

As of this writing, the TraderVC site is only available in English.

Trading Conditions

Four types of accounts are offered, each one of which provides specific options:

Starter Account 

• All underlying assets and trade options on disposal
• Customer support 24/5
• Mobile app
• Dedicated account manager
• Video tutorials
• Basic binary trading

Pro Account 

• All underlying assets and trade options on disposal
• Customer support 24/5
• Mobile app
• Dedicated account manager
• Video tutorials
• Advanced binary trading
• Trading signals and alerts

Premium Account 

• All underlying assets and trade options on disposal
• Customer support 24/5
• Mobile app
• Senior manager
• Video tutorials
• Pro binary trading
• Trading signals and alerts
• One risk-free trade per month

Executive Account 

• All underlying assets and trade options on disposal
• Customer support 24/5
• Mobile app
• Executive manager
• Video tutorials
• Expert binary trading
• Trading signals and alerts
• Two risk-free trades per month

The binary options levels available on the TraderVC platform are Hyper Options (which close in 30 or 60 seconds, or in two, five and ten-minutes), High/Low, One Touch, and Range Options. The payout ratio is said to be able to reach 85%. TraderVC permits payment in U.S. dollars, pounds sterling and euros. Investments start at $20 and maximum payouts are said to reach up to 81%.

Deposits may be paid by Visa, Visa Electron, Mastercard, and Maestro debit and credit cards, bank wire or Neteller e-wallet.

Education

An educational library provides a number of training guides and video tutorials. In addition, there are FAQs that address basis issues and an events calendar. Beginners can find training resources that can help them acquire basic skills, but there also are advanced trading strategies and materials for the professional traders. These are high-quality resources.

Support

Traders can contact TraderVC by email or phone. There is no live chat or Skype connectivity.

Licensing

TraderVC appears not to be a licensed broker.