Returns

85%

License

None

Minimum Deposit

$10

Traders from accepted!

BKTrading Review

BKTrading is new binary options broker that has just recently come onto the market. It has set out to provide traders with a superior trading experience in terms of tools, features and education. With the focus on a user-friendly website, BKTrading commits to excellence by providing a trading platform that is suitable for both private and institutional investors worldwide. Many traders will already be accustomed to SpotOption’s cutting-edge platform used by BKTrading.

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PROS
  • 10% of investment returned for out-of-the-money options
CONS
  • No financial license
BKTrading Deposit & Withdrawal Methods
credit cards debit cards wire skrill
BKTrading Broker Information
BROKER INFO
  • Founded:
  • Company:
  • Incorporated:
  • License:
  • Platform:
  • Minimum Deposit:
  • Minimum Withdrawal:
  • Returns:
  • Minimum Trade:
  • Demo Credits:
Option Types
  • High/Low, Pairs, One Touch, Ladder, Forex
EXPIRYS
  • 30 sec, 60 sec, 90 sec, 2 min, 5 min, 15 min, 30 min, 45 min, 1 hour, End Of Day
MOBILE APPS
  • iPhone, iPad, Android

About BKTrading

Returns

85%

Minimum Deposit

$10

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BKTrading has a large portfolio of tradable assets to ensure traders experience the full financial market experience. By offering the most profitable, simple and reliable alternatives, traders are provided with a wide range of opportunities to fit their profile and financial objectives. With a host of exciting features and tools at their disposal, traders can trade Binary Options, Short Term and Long Term options, One Touch, Pairs, Ladder and Forex in accordance with their requirements.

Through its partnership with feeds provider, Reuters, the platform receives live and accurate data streams with a clear distinction between the real time market price and option prices. Expiry graphs are provided for any given moment to ensure trader confidence so there are never any ambiguities on the trader’s end.

BKTrading is one of the few binary options brokers to offer a very low minimum deposit amount of just $10 which opens the door to new traders at a very low risk. In terms of finances, client’s funds are held in a segregated account and funds are used only for trading options through the website upon client’s instructions. All monies are professionally handled and BKTrading guarantees payouts of profits in line with its terms and conditions.

Successful investments are paid out according to the percentage displayed on the platform. Each option offers its own payout percentage with BKTrading usually offering between 70% – 85% for traditional binary options and as much as 500% for One Touch options. A further bonus for traders is that BKTrading offers a 10% return on the investment if the option expires out-of-the-money, in which case, it will be automatically transferred to the trader’s account.

BKTrading has a very responsive support team which is available 24/7 and can be contacted via email, phone or through the live chat system and are always there to guide traders every step of the way.

In summary, BKTrading promises traders the safest, most convenient and all around best trading experience available and while it is early days for this broker, they have already made their mark in the demanding binary options industry.

BKTrading History

BKTrading, also known as Baumann & Kraus Trading, is a brand new binary options broker that recently started operations in early 2015. Their contact details are listed as Brighton Digital Services Ltd, London, United Kingdom but having contacted them, we confirmed their registered address and platform is based at Actiserver Advertising S.L., Barcelona, Spain.

The company consists of a group of professional forex brokers who are experts in derivatives and risk management, covering every aspect of binary options trading. Together they have set out to deliver a service that provides traders with the best trading experience possible on the market.
BKTrading Bonus Terms & Conditions

BKTrading offers a range of rewards features to its new and regular clients as part of its promotions program. These bonuses are subject to terms and conditions and are subject to change. In order to withdraw a bonus, traders will be asked to perform a trading volume of at least 30 times for each $1 bonus. The bonus can be withdrawn only when this requirement has been fully met. Traders should be aware that any withdrawals from an account made before completing the terms of bonus will be immediately cancelled and removed from the account.

BKTrading Withdrawal Terms & Conditions

All withdrawals are supervised by BKTrading’s finance department and it is a prerequisite that identification documents are submitted for all withdrawals. For both deposits and withdrawals to be successfully activated, appropriate documentation for personal identification must be supplied by e-mail. This includes photo ID such as passport or driver’s licence, a proof of address such as a utility bill and a copy of the credit card used for the investment, if the deposit was made in this way. The minimum withdrawal amount is $100 and there are no fees relating to withdrawals by credit card. Any withdrawals made by wire transfer will incur a charge of $25. After a withdrawal request has been submitted, it can take up to 3 business days to process the request and a further 5 to 7 additional days before traders see funds in their account.

BKTrading Demo Account

We always recommend using a broker’s demo account where one is available. They are a very useful tool for beginners to practice trading before investing with real money as well as for more experienced traders to test new strategies. Unlike many other brokers, BKTrading offers traders low-risk trading trading so they can get started with a minimum deposit as low as $10. For traders choosing to use a demo account, BKTrading’s customer support team informed us that this service is only available to traders who open an account with a minimum deposit of $500.

BKTrading Scam Watch

Since BKTrading has only recently commenced operations, it is too early to say whether they are legitimate or not. So far, no negative feedback or customer testimonials have surfaced which is to be expected at this early stage. Furthermore, BKTrading is not yet CySEC licenced but this does not suggest they are a scam as CySEC applications take some time to proceed through the approval stage. BKTrading does actually offer a very attractive trading package overall, however, we would still suggest that traders proceed with some caution until we are able to provide more feedback.

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