TraderVC Broker Review 2020

  • Min. Deposit $250
  • Min. Invest $20
  • Return 81%

Relatively new on the market, TraderVC might be an interesting binary broker for South African traders.

Operated by BetaTech Ltd, this broker provides traders simple but modern trading platform with plenty of useful trading tools and several types of trading accounts.

The main purpose of this TraderVC broker review is to offer South African traders detailed information gathered in one place. This broker is marked by diversity as traders are able to trade not just binary options but Forex and CFDs too.

And, for those who prefer different modes of binary trading, with TraderVC that is possible too as they are connected with one of the most popular and widely used trading software – Binary Options Robot.

Below in the review, our focus will be aimed at giving useful details about the binary options trading with TraderVC.


TraderVC General Information

This TraderVC broker review will start with the most basic of information all traders look for first.

Hence, South African traders will have to a deposit of $250. Minimum trade amount is just as affordable at $20. The currencies traders may use for making the deposit are EUR, USD and GBP.

Traders may look forward to maximum payouts of up to 81%.

TraderVC Trading Platform and Features

TraderVC has joined the long line of binary brokers who use a well-known PandaTS trading software.

It means that South African who wish to trade binaries with this broker have a simple but modern and efficient trading platform which can be used by pro traders and beginners alike.

With TraderVC it is possible to use several trade options like One Touch, High/Low, Turbo Options and Range Options.

South Africans can also get a nice overview of current news and market conditions concerning underlying assets. While reviewing this broker, we found that they provide 68 underlying assets grouped into currencies, indices, commodities and stocks.

Our TraderVC broker review showed a variety of expiry times are available such as 30 sec, 60 sec, 2 min, 5 min, 10 min, 15 min as well as 1h together with the end of the day, end of the week and end of the month.

TraderVC trading features provide yet more possibilities for the profitable trading journey.

With Follow Leaders trading features, South Africans are in a great position to follow trades of other traders. This means that TraderVC includes the elements of social trading which is becoming more and more popular.

Another fantastic and handy trading feature, especially when it comes to newbie binary traders in South Africa is the demo account. Demo account provides the perfect practice opportunity before they embark on real account trading.

With a demo account, which has virtual funds rather than real, traders get to focus solely on practice without worrying about losing funds.

In our TraderVC broker review, we contacted their customer support which informed us South Africans interested in using the demo account should talk to their dedicated manager to get details about the conditions of using the demo.

According to their customer support they also provide a mobile trading app for both iOS and Android devices which is great and very handy for trading on the go.

Financial Calendar, which is another trading instrument available with this binary broker that indicates any and all upcoming financial events. At the moment, their platform supports only English language.


TraderVC Trading Account Types

One of the hallmarks of diversity in binary brokers is their offering when it comes to trading account types.

In our TraderVC broker review, we found South African traders will be able to choose among four accounts.

Each account type contains a distinct set of features and varied minimum deposit requirements.

TraderVC Starter Account

  • All underlying assets and trade options available
  • 24/5 customer support
  • Mobile trading app
  • Dedicated account manager
  • Video tutorials and basic training
  • First monthly withdrawal free

TraderVC Pro Account

  • All underlying assets and trade options available
  • 24/5 customer support service
  • Mobile trading app
  • Dedicated account manager
  • Video tutorials and basic training
  • Advanced binary trading
  • Trading alerts and signals

TraderVC Premium Account

  • All underlying assets and trade options available
  • 2475 customer support
  • Mobile trading app
  • Senior broker
  • Video tutorials
  • Professional binary trading
  • Trading alerts and signals
  • Risk-free trade – 1 per month
  • First monthly withdrawal free

TraderVC Executive Account

  • All underlying assets and trade options available
  • 24/5 customer support service
  • Mobile trading app
  • Executive broker available
  • Video tutorials and expert binary trading
  • Trading alerts and signals
  • Risk-free trades – 2 per month
  • First monthly withdrawal free

TraderVC Customer Support Service

Next segment we inspected in our TraderVC broker review, is the quality of their customer support service.

South African traders will be happy to know that with TraderVC they get numerous ways of communication such as Live Chat, email at [email protected] as well as phone options.

For traders who prefer to call, they can do so at +27 51111 0011.

A brief look around their trading platform clearly indicates that this binary brokerage is detail-oriented and aware of traders’ needs so there is a detailed Academy section available. We strongly urge South African traders to use this section as often as possible.

There they can find a fantastic selection of materials discussing useful subjects like Learn to Trade, FAQ, Glossary, CFDs and Trading Tutorials.

TraderVC Banking Info

The last part of our TraderVC broker review deals with the very important info concerning banking.

We are pleased to report that this binary options trader uses both 256bit SSL encryptions technology as well as a segregated bank account where trader’s funds are stored. Both are a prerequisite for a serious business conduct on the part of the broker.

As we already mentioned, the minimum deposit with this brokerage is set at $250 which is a binary industry average. Available payment methods include

  • Debit and credit cards – Visa, Visa Electron, Maestro and MasterCard
  • Bank wire transfer
  • E-wallet Neteller

To start the withdrawal procedure, South Africans need to submit the withdrawal request. Further details can be found in the broker’s Terms & Conditions section.

We also found in our TraderVC broker review that the first withdrawal per month is free while all the consequent ones will be charged a $30 fee.

The lowest amount available for withdrawal is $100, but South Africans have to bear in mind that this climbs to $500 if they use bank wire.

TraderVC - Review Conclusion