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TradoLogic Adds Two New Binary Brokers To Its Partners List

Feb 19 2013
By
Forexbrokerz.com

TradoLogic, one of the market leaders providing binary options software solutions, has just announced that two new binary brokers have been added to its portfolio: Morioption and Binary88.

 
Morioption offers three types of binary options: Digital, Touch and Range. Digital options, also known as Put/Call or High/Low, indicate a certain price level for the selected trading instrument and the trader needs to predict whether the option will expire above or below that price level. With Touch options, you need to guess whether the price will reach a certain level or not, and Range options provide a price range with traders aiming to predict whether the price of the traded instrument will expire inside or out of that range. 
 
The site is pretty straight-forward and offers returns of up to 81% for High/Low options, which is pretty much the industry standard. 
 
Digital options traders will be excited to hear about two special features Morioption offers: Stop Loss and Extend. With Stop Loss, traders can cancel an option before its expiry time, and thus limit their losses, or take advantage of short-term price movements. The Extend features, on the other hand, lets you extend the expiry period of an option so that you increase the chances of expiring in the money. 
 
Binary88 advertises the same binary option types and return rates, as well as special features – only they are named differently here. The Stop Loss feature at Binary88 is called “Close now”, and the Extend one - “Roll Over”. 
 
A curious fact about Binary88 is the fact that the site is available in two languages – English and Japanese. If you have been visiting our site on a regular basis, you probably recall the fact that currently there is a freeze on new binary options activity in Japan as the Japanese Financial Services Authority (FSA) is drafting legislative frameworks on binary options (Alpari was the last broker that managed to set up a binary options site in Japan before the freeze was imposed). However, TradoLogic's platform is FSA (Japan) compliant, and my guess is that this is what allowed the broker to launch. 
 
With the addition of Morioption and Binary88, the list of TradoLogic's partners reaches 22 binary brokers, with almost 30 more listed as “Under construction”. One of these pending brokers is Admiral Markets – so we will probably see that forex broker add binary trading to its offering as well. 
 
 

About TradoLogic

 
TradoLogic is the world’s leading binary options trading platform provider, who offers innovative solutions to the financial trading industry. TradoLogic’s success is based on our commitment to excellence through full collaboration and goal-oriented interaction with our clients.
 
We are constantly looking to design and offer creative products and services that maximize our client’s profit potential. We do this by providing the appropriate tools required to strengthen the operator’s brand in the global market, expanding both their customer base and wallet share. TradoLogic’s turnkey solution provides premium features and support tailored to meet the ever-changing demands of the dynamic financial trading market.
TAGS: TradoLogic  binary broker  binary options  FSA Japan  Morioption  Binary88  Alpari 

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