TradEqual Exchange Review

TradEqual Exchange Review
Petar Nola
This broker is closed. Try trading with HighLow instead. TradEqual is a binary options exchange – a new concept we are hoping to go strong in the following months. We have already covered the topic of trading on a binary options exchange, so make sure to read our article for more reference. TradEqual is the first binary... Read more
This broker is closed. Try trading with HighLow instead. TradEqual is a binary options exchange - a new concept we are hoping to go strong in the following months. We have already covered the topic of trading on a binary options exchange, so make sure to read our article for more reference. TradEqual is the first binary options exchange broker that actually is u pan ready to accept customers. Platform is quite simple to use. Traders are not waiting for the broker to take the other side of the trade, but the customer alone offers trading positions and other traders who may disagree with her views on the market can buy the option and bet against the prediction. To learn more about this new and in many ways, the more fair system of binary options trading, read our TradEqual review. TradEqual is in process of getting registered and licensed.
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  1. This broker is closed. Try trading with HighLow instead.

    TradEqual is a binary options exchange – a new concept we are hoping to go strong in the following months. We have already covered the topic of trading on a binary options exchange, so make sure to read our article for more reference. TradEqual is the first binary options exchange broker that actually is u pan ready to accept customers.

    Platform is quite simple to use. Traders are not waiting for the broker to take the other side of the trade, but the customer alone offers trading positions and other traders who may disagree with her views on the market can buy the option and bet against the prediction. To learn more about this new and in many ways, the more fair system of binary options trading, read our TradEqual review.

    TradEqual is in process of getting registered and licensed.

  2. Conclusion:

    We make it our mission to not recommend anything but the best – which, according to industry experts, is FXMasterBot, a trading software that lets YOU choose the broker and also provides fast, reliable and FREE trading signals!

    Your capital is at risk
  3. TradEqual Special features

    Well, the special feature here is obviously the new format. The idea is that traders directly trade with each other.  They are open social trading platform that allows traders to chat with other traders. TradEqual has put the infrastructure in place to thoroughly offer a true exchange experience outside of the US market. While the European system puts the broker in the centre of the trading experience, TradEqual puts the trader first by default.

    Write and Sell your Own Option with TradEqual

    In the recent years, some binary brokers have started to offer “build your own option” features, which is awesome and some traders need this to be more efficient, the frontier of efficiency is still determined by the broker’s preference and interest. With TradeEqual trader can write the option or buy someone else’s written option. Traders can also choose options from the order book.

    The efficiency is guaranteed since the trade will not come into existence unless both sides agree on acceptable risk. This is great since it reduces the bid-ask spread and minimizes risks for both sides. If the broker takes the other side, it benefits from you taking as much risk as possible, and it has to take on the same risk. TradEqual leaves this to traders and since no one wants to maximize own risk, the middle ground will prove beneficial for both sides of the trade.

    No trading Against the House!

    Since TradEqual does not take part in the trading process directly (as the house, as commonly referenced in gambling world), it does not have an interest in customers losing money. They actually have the opposite interest – traders that win a lot of money and trade a lot.

    TradEqual will take a 2% fee from the amount won (investment+return). This is truly a small fee to pay for the fact that you are using an advanced platform which has in its best interest to provide you with the opportunity to earn money since it is earning with you. In case the binary option ends in a draw (the same strike price and closing price), TradEqual will charge the same fee to both parties involved.

    TradEqual users can also try out the demo account that comes with registration and is equipped with videos and webinar that traders might find useful. We always welcome the addition of the demo account as it helps traders to get familiar with the platform. Good news is also the bonus that can be as high as 100k, depending on the deposit made.

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  6. TradEqual Trading software

    The TradEqual software is web based as are all modern trading platforms. The interface is very simple to use. On the right is the price chart. On the left side is the list of assets. Controls are in the middle enabling a nice overview of the whole process. To see all trades made so far, all trader needs to do is to scroll a bit down if they have a narrow screen and the list is at the bottom of the trading window. For now, traders can enjoy high/low trades, but soon there will be more trade types added.

    The TradeEqual platform will look familiar to those that have traded binary options before. It includes all the well-known elements of popular software solutions, however, in this case, the software is Proprietary. The Put and Call buttons are used to start a trade. If the trader is just buying an option, all she needs to input in the system is the amount willing to invest.

    How To Trade on TradEqual?

    In case the trader is ready to write an option, this means selecting the asset, the direction, and the amount that is to be paid out to the other side of the trade (to the other trader buying the option). In this case, we found it a bit confusing, since writing an option means also defining your own profit and payout rate. In that case, it looks as if it was inverse to what we were accustomed to. However, it is easy to get the idea how it works. During the TradEqual review, we mostly used wrote our own options and offered them since it felt as a natural way to connect the trading process with the technical analysis. You can learn more about technical and fundamental analysis in our academy.

    In any case, after one analyzes the market, for example, one sees EURUSD increasing in next half hour after conducting a trend analysis, it is simple to write such option:

    1. Setting “Call” for the upward direction
    2. choosing the payout ratio – specifying the risk you are ready to take with, showing
    3. confidence for your prediction
    4. setting own profit
    5. pressing “Write button”

    Payouts are exceptional with TradEqual. With some classic binary options, one can get up to 200%, while the upper bound is 700%. The best part is that the trader who writes the option sets the risk himself, and the other person, the buyer, will not accept it unless the payout-risk levels are seen as acceptable. TradEqual does not offer “fixed return options”, however, they offer the fairest way of binary trading on the market.

    At the moment, TradEqual doesn’t provide the mobile app, but we’ve been told to expect it in the near future.

  7. If you want to trade with an Automated Trading Robot, we recommended using FX Master Bot

  8. TradEqual Support information

    TradEqual provides superb customer support for its users. They can choose between LiveChat, e-mail, phone or Skype. This is a great selection, and it enables every trader to choose the method they prefer.

    We would definitely recommend using Skype and LiveChat as those methods are the most convenient for traders who often have multiple questions and provide quick answers.

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  10. TradEqual Payment Methods

    We also tested the banking services for TradeEqual. They are a very simple and professionally looking Algocharge platform to process payments. This is great since it is transparent and secure. It also shields traders from obscure payment processing companies that are mostly untraceable if something happens.

    Traders can use following methods of payment to deposit with TradEqual:

    • Visa
    • MasterCard
    • Maestro
    • Discover Card
    • Bank Wire
    • Skrill
    • Neteller

    The minimum deposit is $250, up to $10,000. Minimum trade for customers buying options is $30 and for those writing options it is $40. This is not the best deposit/trade ratio, so it is better to start with a somewhat higher initial deposit, especially if one will use “Write” command as much as we did during the TradEqual review. Don’t forget that with TradEqual you get to determine your own risk so the higher the minimum trade, your potential payout will be higher.

    The minimum withdrawal amount is $100. This is too high in our opinion. While in most cases it is not an issue, we just prefer to adjust our liquidity more freely. The withdrawal request is processed in 3 days which is great. Traders need to verify their accounts before the first withdrawal. This is a procedure everyone in the binary options industry is accustomed to. At the moment TradEqual is in process of being registrated.

  11. Conclusion:

    We make it our mission to not recommend anything but the best – which, according to industry experts, is FXMasterBot, a trading software that lets YOU choose the broker and also provides fast, reliable and FREE trading signals!

    • Choice of reputable brokers
    • Free forex & crypto signals
    • Advanced trade settings

    Try a simpler
    way of trading
    with FXMasterBot

  12. Your capital is at risk
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