Is Edgedale Finance a Scam?
We have made a research of Edgedale Finance and found out that they do not rate highly and there is no significant data about them. As an alternative we have selected our Top Safe Binary Brokers along with detailed reviews for safe and secure trading.
Since we haven’t gathered enough information yet, we cannot confirm that Edgedale Finance is safe. You can Proceed to Safety OR Choose one of the Is-Scam approved and safe Binary Options Brokers:
Edgedale Finance Review
Edgedale Finance is a binary options broker that has been serving traders for more than five years. They have one mission and that is to make binary options trading simple so that anyone regardless of their level of experience can trade with ease. They aim to offer the simplest tools when it comes to learning how to trade and features that are valuable for traders. The broker offers a fair range of assets from the four different types of underlying assets including indices, commodities, currencies and stocks. Educational materials are also available on their website.
But, is this broker really reliable? Read this short review to find out whether you should consider them or not.
Is Edgedale Finance a Scam?
Edgedale Finance does not rank highly on Google Trends, but based on our investigation, we also cannot say that they are a scam. We have been able to find very little information about this broker. While we did not come across many positive reviews and feedback, we also did not find complaints. What we can conclude is that Edgedale can offer the traders good experience, but they are better options if you want to trade binary options online. We have reviewed brokers who are more reliable and safe and we recommend that you make a choice from one of the approved brokers.
Traders can choose from five different trading platforms and trading can begin in just 3-5 steps depending on the platform chosen. To start trading, investors have to choose an asset and determine whether the value will increase or decrease. They have to input an investment amount and wait to find out whether it is a winning trade or a losing one. It is possible to execute 60 Second trades at just $5 per trade. The maximum amount that can be invested for this option is $500.
Account Types and Bonuses
There are 4 different account types to choose from
- Entry Level account requires a deposit of $250
- Preferred Account can be created with a minimum deposit of $5000
- Signature Account requires $50,000
- Premium Account can be set up with $250,000
When it comes to account types and bonuses, our team has arrived at the conclusion that there is a better alternative to this broker.
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All the different account types attract different kinds of bonuses. The welcome bonus range from 100% to 150% depending on the type of account you have. You are eligible for a welcome bonus if you open a Preferred Account or higher.
How to Get Started?
- Sign Up – To get started at Edgedale Finance, you have to complete a sign up form. You have to provide some details about yourself and complete the process by entering a unique email ID.
- Trade – once you have made a deposit, you can start trading immediately. If your trades are successful, you will make profits.
- Withdrawal – The final step towards trading successfully at Edgedale Finance is withdrawing your funds. A withdrawal form must be filled and submitted for your withdrawal to be processed.
Deposit and Withdrawal Procedures
A range of banking options is available at Edgedale Finance. The deposit methods include wire transfer, credit cards, Boleto, Giropay, Sofort and Neteller. The withdrawal methods include credit card, wire transfer and some ewallet options.
The minimum deposit amount is $200 and the minimum amount needed to make a withdrawal via credit card is $100. For bank transfer and ewallet options, the minimum amount is $200. For your withdrawal to be processed, you must complete a verification process. This involves providing copies of your ID, address proof and few other essential documents.
Edgedale Finance offers customer support service 24 hours a day. They are available Sunday through Friday to assist traders with their needs. Whether you have issues related to trading or making a deposit or any other thing, you can contact their support team via email, telephone and live chat. However, it is crucial to note that their staff operating according to GMT.
ConclusionAfter detailed investigation our team concluded that there are better choices than Edgedale Finance. We cannot confirm that this binary options broker is a scam, but our research revealed enough traders’ complaints to not make us feel safe trading with Edgedale Finance.
We recommend you to Proceed to Safety and avoid scams by choosing High-Rated and Trusted Brokers on Is-Scam.com.