GFM Trader review was done on their trading platform which offers many nice features in terms of risk controls and binary options types. Tradologic is the software provider. FBO was a bit reluctant to accept Tradologic platforms in the past, but since last year the software developer ensured regulation for its product and we feel more at ease. the platform overall looks professional and it is very stable. It loads very fast.
During the GFM Trader review we traded mostly short term – 60 seconds options, also named “turbo options with GFM Trader. There are also other options types – touch options, the one touch option, range options as well as the traditional high/low binary option.
A range of risk management tools is offered on GFM Trader platform. Stop Loss enables trader to stop the unexpired binary option and retrieve most funds from a possibly unsuccessful trade. This can also be done if the market is moving well. The profit will be also paid but will be lowered depending on the price and spread.
Traders can also use risk management tools to extend the binary options with GFM Trader. Idea is to buy more time for a trend reversal in the price. Sometimes the figure takes some time to develop so this tool allows traders to use GFM Trader platform for better maturity management. Traders who are sure their bet will pay off, they can use the double up to invest even more funds and thus increase rate of return.
With GFM Trader there are plenty assets to be used as basis of binary trading. They have more than 10 commodities, which is fairly rare to see that many. Also, more than 100 stocks, 22 indices and 15 currency pairs. We were quite satisfied with this during the GFM Trader review.