Tropical Trade
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Tropical Trade is a New Broker – Is it a Scam or Not?
Read 100% Unbiased & Full Tropical Trade Review
Trading Platform, Account Types & Withdrawal Policy –
How to Get Your 5 Risk Free Trades – See All Below!

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BrokerTropical Trade
HeadquartersLiverpool, Merseyside L2 3PF UK
Support TypesLive Chat, Phone, Contact Form, E-mail
Minimum 1st Deposit$200
Minimum Trade Amount$5
BonusUp to 100%
Free Demo Account No
Account TypesBasic, Professional, Expert, VIP, Corporate
Deposit & Withdrawal MethodsCredit/Debit Cards, Bank Wire, Neteller
Number of Assets150+
Account CurrencyUSD, EUR, GBP, AUD or CAD
Overall Score9.4/10

Full Review

Important Update: Our team of professionals would like to inform all the traders, interested in dealing with binary options online, that Tropical Trade has stopped its operational process and will no longer offer online investing services. 

Tropical Trade no longer accepts US traders. See here for another option.
tropical tradeFounded in 2015, Tropical Trade is a binary options broker that aims to offer traders the best opportunity to make the most money by trading binary options from home. A St Vincent and Grenadines based company named FLY Ltd owns and operates the broker. Their website has been developed extremely well which tells us that they are serious about doing business.

They offer a variety of features in the form of educational tools, risk management tools, bonuses, a great selection of assets and many others to enhance trading experience. The broker is new and this is the reason we decided to investigate further to find out if they are worth considering. If you are also looking to give this broker a try, read this review which will help you make a wise decision.

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Is Tropical Trade a Scam?

Traders must note that Tropical Trade is one of those brokers that are not regulated. They are not licensed by any financial authority, but when it comes to reliability, we can say that they are reliable and extremely trustworthy. They are definitely not a scam because we have read good reviews about them. Traders who have chosen them trust them because all their trading needs are taken care of extremely well by the broker. We can safely say that Tropical Trade is a reliable and this is the reason we recommend this broker.

Tropical Trade Mobile App & Trading Platform

Tropical Trade is powered by the Panda Trading system. Traders can find a great selection of over 200 assets for trading. There are also a variety of option types to choose from. The High/Low options give an average returns of 81%. The other option types include Range, Hyper and One Touch. The Hyper options are perfect for high speed traders who are looking for short expiry times that range from 30 seconds to 10 minutes.

Tropical Trade’s trading platform is web basetropical trasde platformd which means it does not require any download. The platform is simple and easy to use which makes it suitable for novice traders and those who have good experience in trading.

Tropical Trade Bonuses

The first type of account is Basic which requires a deposit of $250. The next type is Professional followed Expert and VIP account. Traders can deposit up to $25,000 into their account depending on the type of account they have. The last type of account is the Corporate Account which has no maximum deposit limit.

Deposit and Withdrawal Methods

It is possible to make payments via all major credit cards, debit cards, bank wire transfer as well as Neteller. The minimum deposit that is required is $200 and the minimum amount per trade is $5. Traders can request a withdrawal of up to $20,000 per transaction.


Currencies which are accepted at Tropical Trade include CAD, AUD, EUR and USD. Payments are instant, but it takes quite a few days for withdrawals to be processed. This is because the broker wants to make sure that withdrawals are processed into the right account and under the right name. This is the reason they request traders to provide documentation related to identity proof and address proof so that their accounts can be verified.

Customer Support

Support service at Tropical Trade is offered via phone, live chat and email. They also have general information about starting out, making withdrawals and deposits on their website. They are available to serve their clients in case of queries or concerns. Their support service is fast and efficient. The team is highly knowledgeable and they offer an unmatched level of service.

Important Update: Our team of professionals would like to inform all the traders, interested in dealing with binary options online, that Tropical Trade has stopped its operational process and will no longer offer online investing services. 

Bottom Line

editors choiceThere are a lot of binary options brokers available for the traders online, however there are not many that come as highly recommended as Tropical Trade.

Tropical Trade provides the traders with a wide range of trading options and they have quickly achieved one of the most solid reputations on the market.

As one of our TOP rated and approved brokers Tropical Trade will meet your highest expectations and you will be able to discover the benefits as you sign up with them.

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