The Binarex trading exchange is the culmination of years of work and expertise from their founding company – Tradologic. Tradologic is an award winning trading platform that caters to both the Forex and binary option industry.
But recently, Tradologic unleashed Binarex onto the market as the newest way to safely invest into the binary options trading.
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| Binarex’s Binary Options Exchange – the innovation to revitalize trading with transparency |
What Is Exchange Trading?
Exchange traded binary options puts the power into the hands of the traders. Instead of trading with a broker who collects every cent of every losing trade, which creates conflict and instills a sense of distrust among traders, Binarex allows traders to wager against one another. Binarex makes their money by taking a small fee from both parties, so they can care less who wins a trade, they still make their money.
Trading With Binarex
Binarex is fully regulated by the US-based CFTC regulatory agency. They are also currently in the final stages of being regulated by CySEC in Cyprus. This will allow US and European-based traders to wager against each other – something that's never been done before in the industry.
To open an account, Binarex requires a minimum deposit of at least $100 to a maximum of $10,000. They offer multiple funding options. On every possible order, traders can see the maximum profit and loss they can make on any given trade. Traders must have the maximum possible loss amount in their account to serve as collateral. So risk is always capped and account losses are inherently limited. Orders come in two statuses: Working and open. In order for a trade to move from a working to open status, another trader must enter the same trade and mutually agree to the stipulations set by the first trader.
Platform
Binarex offers a variety of trading instruments covering four markets: Stocks, Forex, Indices and Commodities. Trading on Binarex is done through the company's own cutting-edge Tradologic platform. Tradologic comes equipped with instant trade notifications and a mobile app. The platform is flexible, intuitive, easy on the eyes, and even allows Japanese candlesticks on graphs, so trading can be done almost entirely through the Binarex platform without any need for outside trading software!
Conclusion
While still relatively new to the industry, Binarex will help elevate binary option trading to an entirely new level. The Binarex exchange is trustworthy, transparent, innovative, and is the latest company to take the dive into exchange trading. We highly recommend trading with Binarex, no matter your location.
