TradEqual Exchange started a new era in binary options trading. Unlike traditional platforms, where traders are on the one side and broker on the other, in this case, broker stands as a connection between different traders who are placing their options. TradEqual is an open market exchange that is based on a modern and interactive approach to binary options. Increased transparency, communication based on social networks, as well as the customization, features that have created the unique trading environment.
With TradEqual, platform traders can completely control their investments thanks to great features like writing and selling options. In a case when the trader is not sure how to place a trade, there is always plenty of options delivered by a platform that are free of charge and ready to use.
What is Binary Options Writing?
As already mentioned, TradEqual is binary options exchange and not a regular broker. This platform enables traders to write their own, individual options. For example, the trader can not only choose the direction but also assign a payout. The created option is then uploaded to the trading platform, and can be found in Order Book until it is purchased. Traders can buy entire option, or just a portion, which means better risk management for every trader.
We already explained that there is a feature called Order Book. This section displays three options with highest payouts. It is well known that binary options are competitive, but on TradEqual exchange, trading is, even more, exciting. The payouts are usually much higher, as traders try to create the most competitive options. Competitive option means that the option will be listed on top and interesting to many traders, who will easily notice it.
TradEqual Social Trading
It is rare that traders can write and sell their options, but it is unseen that traders can easily communicate with each other. With TradEqual, binary options are entering a new era often referred as social trading.
On most trading platforms trader can communicate only with customer support, but TradEqual created chatroom where traders can comment, discuss and share advice on different options or assets (forex, commodities, indices and stocks). This creates a fair trading environment, that enhances not only chances of making a profit but of learning as well, as more experienced traders can explain different aspects of trading to beginners in real-time. Traders can test theories, strategies and share analysis if they want to do so.
This social type of trading is profitable for all traders who manage to determine the right conclusion about the option. In case a trader bought a successful option, they can expect up to 80% return on the invested, but the trader who created the option can earn 125%.