Cedar Finance

CEDAR FINANCE

Cedar Finance is owned by T.B.S.F. BEST STRATEGY FINANCE Ltd, incorporated and based in Cyprus. Cedar Finance is a SpotOption white-label partner broker.

Payouts

The payouts that a trader receives for trading binary options on Cedar Finance depends on the binary options trade contract that the trader bets with. All trade types except the High Yield Touch option pay out a minimum of 70% for a successful trade. The high yield option pays out as high as 500% on a successful trade.  

Bonuses and Promotions

Cedar Finance provides its traders with an account opening bonus. The account opening bonus is about 75% of the invested capital, up to a maximum of $5000. Traders are expected to generate about 40 times the value of the account opening bonus in order to be able to withdraw it.  

The type of account opened by the trader will determine the percentage that is given to the trader as bonus. Bronze accounts ($200 to $999) receive 30% bonus, silver account holders ($1000 to $4999) will be awarded 50% bonus while gold account holders (more than $5000) will receive the full 75% bonus.

Assets index

The assets that are available for trading on the platform of Cedar Finance are:

a)    Commodities: Wheat, sugar, coffee.

b)    Currencies: EURUSD, GBPUSD, EURJPY, GBPJPY, USD/CHF, NZD/USD, USD/ZAR.

c)     Indices: KL Future, STRAITS TIMES, KL FUTURE, TOPIX, TEL AVIV 25, NIKKEI 225, NIFTY, IBEX, ASX (AUSTRALIA), FTSE100, Dow, S&P500, NASDAQ, DAX, CAC40.

d)    Stocks: TOSHIBA CO, TEVA PHARMA, BNP PARIBAS, TESCO, SAB MILLER, S.BANK INDIA, PETROBRAS, IBM, GOLDMAN SACHS, FRANCE TELECOM, FIAT, BRITISH AMERICAN Tobacco, BIDU, BARCLAYS, AMAZON, NISSAN MOTOR, HITACHI, TURKCELL (TURKEY). 

Trading Tools

There aren’t many trade tools available to traders. However, the ability to get a loss return of 10% on losing trades can be counted as a trade tool to be exploited by traders. There is also a market review page which is updated daily. Traders can use that page to get some market insight for the day.

Deposits and Withdrawals

Accounts on Cedar Finance can be held in Euros, British Pounds and US Dollars. The following payment methods are accepted on Cedar Finance:

1)    Credit card/debit card:

2)    Wire transfers

3)    CashU

Credit Cards: Cedar Finance accepts AMEX, MasterCard,VISA, Maestro and Diner’s Club. The minimum transaction amount using credit/debit cards is $200. There are no processing fees charged. The maximum that can be deposited using credit or debit cards is $5000.

Wire Transfers: The minimum amount allowed on this platform is $500. Deposit transactions below this amount attract a fee of $25 per transaction. All withdrawal transactions using wire transfers attract a fee of $25. Traders have no limits on the amounts that they can deposit with wire transfers.

CashU is a popular means of transaction in North African and the Middle East. There are no withdrawal fees for using CashU.

Traders are expected to use the same method for funding and withdrawals. The minimum withdrawal amount is $200, irrespective of the transaction method used. Recent additions to the transaction methods on Cedar Finance are Moneybookers and Western Union.

 Sign up to CedarFinance.com Now and Claim a 75% up to $5,000 Bonus!

Customer Support

Customer support services on Cedar Finance can be accessed using the following channels:

-       Live chat: this is accessible from the home page.

-       Email: There is an online contact form which can be used to send emails to the customer support team as well as the sales desk, technical support unit and the dealing room.

-       There are several phone lines that attend to clients in different languages and from different countries. Traders can call the following lines:

+1 347 486 4045

+1 415 906 5206

+357 220 306 45

+44 560 370 4113

+33 533 520 195

+883 510 001 123 164

Cedar Finance Summary: 8.2/10