TradEqual launches as Binary Options peer-to-peer exchange – LeapRate Exclusive
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TradEqual could really change the binary business with a revolutionary peer-to-peer trading platform. It is the first binary options exchange of its kind, and we believe many traders will be interested in understanding how it tradequal binary exchange rates. With traditional binary brokers, you bet against the house, and when you lose a trade, the house makes profit. At TradEqual, tradequal binary exchange rates bet against other traders like you by simply creating your own binary options.
Instead, it is interested in a large volume of trades as it is commission based. TradEqual takes two cents on every dollar of profit. When we say TradEqual is the first exchange of its kind, we of course have in mind the Northern American. Nadex offers trading that includes contracts with different strike prices on one asset for the same expiry time.
Once you buy a contract on Nadex, you can short sell it before the expiry to make a profit. At TradEqual, you can create the binary option with the current market price and put money at risk in order for other trader to buy it.
In a way, you can play as a market maker on the trading platform. TradEqual is a simplified binary options exchange compared to Nadex, and you will certainly understand how it works much faster than Nadex. Tradequal binary exchange rates and the Grenadines. Currently, the binary options exchange platform operates unregulated, but the company is in the final stages of obtaining a CySEC license.
Once you open a real account on the platform, it is only you who is responsible for your trades. It is a completely web-based trading platform. Tradequal binary exchange rates, you will notice that the platform looks similar to the majority of binary brokers.
This makes it a lot easier to understand how it actually works as an exchange for binary options. Buy options work pretty much tradequal binary exchange rates same way with every broker. You select an asset, expiry time, direction and investment, and you see your potential payout upfront. With every payout, you also see a certain amount, and this is the money you can invest. Everything is calculated automatically on the platform, and your investment is performed as a single trade with an average payout from the top payouts available at that particular moment.
Here is where it becomes more interesting. You can write an option and put it on the exchange for other traders tradequal binary exchange rates buy.
The tricky part is that when you sell options, you actually bet against the direction you offer. Thus, when someone buys your option, and it expiries out of the money, you make a profit. Thus, the risk would be equal for both of you. However, in most cases, when you sell options, you would probably want to put yourself in a better position.
Who are the market makers that provide liquidity on the exchange? This is a fair question, but there is no information, and TradEqual told us that it is confidential. This is a bit strange because on Nadex, for example, the market makers are publicly announced. The market makers should be outside companies that provide enough liquidity on the trading exchange. In other words, when you want to buy an option, and there is no other trader selling the same option, the market maker needs to assure that there is always a counterpart.
The assets list is tradequal binary exchange rates, which is understandable because there are not yet many traders on the exchange. Currently, we see about 20 assets, which include major Forex pairs, Stocks, Indices and Commodities. Indeed, you can use indicators, but you have to open the chart in a separate window, which is not tradequal binary exchange rates best solution. You can use Moving Averages, RSI and Stochastics, which is nice, but the lack of candlesticks is totally unacceptable.
In the chartroom, you can interact with other traders on the platform, which is something new for binary businesses. Currently, the exchange works with one hour expiries only.
Hopefully, they will improve tradequal binary exchange rates that area when they develop the next release. The good news is that the web version is fully mobile, so you can load it on any mobile device.
The demo account is not offered as an option on the website; thus, the broker wants you to open a real account straight away. However, if you ask the support, you will discover there is a free TradEqual demo app. The registration is free, so you can simply open an account to get a feel for the platform.
Go to the chatroom, and ask other traders about their experiences on the platform. Before you make a deposit in a real account, you should definitely go over the terms and conditions, which is actually the agreement between you as a client and TradEqual as a trading service. Once you open a real account, only you should be responsible for your trades.
There is no information about bonuses on the website, which is actually good. As you know, your deposit would be locked if you opt for a bonus. In other words, you can get a bonus if tradequal binary exchange rates make a larger deposit.
Skrill will be an option in the tradequal binary exchange rates future as well. To request a withdrawal, you need first to complete the identity proof, and tradequal binary exchange rates your request should be executed in three business days. Before you open an account, you should definitely go over the trading guide and try to understand how the platform works. The support reacts quickly if you contact them via Live chat, which tradequal binary exchange rates in a window next to the trading chatroom.
At least, this was tradequal binary exchange rates experience. If you tradequal binary exchange rates for any promotions, such as a bonus or free trades, they will refer you to a sales person. Payments may be processed through Lambda Ltd. TradEqual is a new project, but the people behind it seem to be experienced in the business. The company claims that it has created its own platform; however, the design looks like TechFinancials software.
The other suspicious thing is that the market makers are undisclosed. The idea of betting against other traders is good, but the exchange also needs liquidity providers, and we believe tradequal binary exchange rates have the right to know who these providers are.
Still, there is no scam complaints about this broker, but only time will judge. Skip to main content. When we say TradEqual is the first exchange of its kind, we of course have in mind the Northern American Derivatives Exchange. Buy Option Buy options work pretty much the same way with every broker. Sell Write Option Here is where it becomes more interesting.
Market Makers Who are the market makers that provide liquidity on the exchange? Assets The tradequal binary exchange rates list is short, which is understandable because there are not yet many traders on the exchange. Trading Indicators Indeed, you can use indicators, but you have to open the chart in a separate window, which is not the best solution.
Chatroom In the chartroom, you can interact with other traders on the platform, which is something new for binary businesses. Expiry Times Currently, the exchange works with one hour expiries only. Demo Account The demo account is not offered as an option on the website; thus, the broker wants you to open a real account straight away.
Bonus There is no information about bonuses on the website, which is actually good. Support The support reacts quickly if you contact them via Live chat, which opens in a window next to the trading chatroom.
Vincent and the Grenadines Ultima Capital Ltd. TradEqual reviews by traders TradEqual is a new project, but the people behind it seem to be experienced in the business.
We would appreciate if you would share your experience with TradEqual in the comments below.