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TradoLogic Introduces Algorithmic Binary Options Trading

Aug 01 2013
By
Forexbrokerz.com

TradoLogic, a company providing binary options trading solutions, has just revealed some interesting news: the developer is launching algorithmic binary options trading. 

 
The automated trading feature will be available on the company's web platform, as well as on the desktop one it announced last week. 
 
TradoLogic claims that the social trading feature is a revolutionary service on the binary options market, however the company is not inventing the wheel here. ITM Financial, Trading247.com and TradeSmarter have been broadcasting binary signals for a while now (such that you can just use for reference and open the trade manually), and O-Systems give traders the possibility to copy the trade by simply clicking on a button. 
 
What TradoLogics tool offers, though, is customization – each broker can easily adjust the settings to that they match its needs. 
 
Some of the other features of the algorithmic trading module include user-friendly interface, the possibility to change the signals algorithm, an auto-trading option, and adding plugins with the algorithms and/or strategies like a Metatrader plugin for example. The downloadable version of the tool also shows alerts for users, reminding them to trade. 
 
The fact that binary brokers are borrowing more and more features from the forex industry speaks of the increasing popularity of binaries as a trading instrument. Along with technical innovation, however, there's also the question of regulation and legislative requirements: in many regions around the world, binary option trading is either regulated by gambling authorities instead of financial ones, or is unregulated at all. 
 
 
Cyprus, where TradoLogic is based, was the very first jurisdiction to declare binaries a financial instrument and empower the Cyprus Securities and Exchange Commission (CySEC) with overseeing binary brokers. 
 
Other countries like Japan and Malta then followed, and this type of trading is being regulated by financial authorities there as well. 
 
There are also places, where trading binaries is either banned (take Italy for example) or allowed under conditions, which are almost impossible to meet (USA). 
 
The good news is that the question of regulation is definitely moving in the right direction, which makes me think that other countries will soon follow the Cypriot example and will begin regulating binary options the way they regulate forex and other financial services. 
 
 

About TradoLogic 

 
TradoLogic  is a company founded by the pioneers of the binary options trading. Nowadays, the company is the global leader in this field. The company’s success is based on its constant effort for improvement and strives for excellence. TradoLogic develops innovations and creative products that can satisfy the wants and needs of all the company’s clients.
TAGS: TradoLogic  binary options  binary broker  trading signals  binary options signals 

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