Do not invest more money than you can afford to lose.
The UK-based company Ultimate Capital announced to the public the launching of TradEqual, a third generation binary options trading platform, bearing similarities to the popular sports betting platform Betfair Exchange, which revolutionized sport betting 15 years ago.
Unlike the existing binary options platforms, TradEqual allows its users not only to buy options, but to write (sell) their own binary options in a global exchange platform. The platform promises high returns and best payouts both for buyers and sellers.
Technically, it is not a broker, but more like an intermediary or a peer-to-peer network (Binary Options Exchange), connecting the traders and providing a platform for them to conduct their business. The instruments on offer are forex, commodities, stocks and indices.
Furthermore, TradEqual’ s platform has a built-in chat, allowing binary options traders to share and discuss ideas, strategies and trends. TradEqual boasts that its platform is based on an innovative technology that can process large quantities of data within miliseconds.
While TradEqual is not profiting over its clients’ losses, a commission of 2% is incurred on all payouts.
The minimum deposit to open an account is $250 and the minimum trade size for a binary option is $30. The minimum amount for withdrawal is $100, but if the trader’s balance is lower than that, s/he may withdraw it and clear the account.
TradEqual.com is owned and operated by Ultima Capital Limited, a financial services company incorporated and registered with the Financial Services Authority (FSA) in St. Vincent and the Grenadines, Central America under the number 22965 IBC 2015. Ultimate Capital’s headquarters are in London.