Ultima Capital Ltd has unveiled TradEqual, its new binary options exchange platform, aimed at disrupting the current binary market, according to a TradEqual statement.
TradEqual represents a third generation binary options trading platform, having expanded a number of trading utilities and options for users. In particular, TradEqual maintains a communal aspect and allows binary options traders to share ideas and trends with their respective peers, erecting a social trading community through the platform.
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In addition, TradEqual grants traders the option to buy and publicize their own profitable binary options trades to other users, fostering cohesiveness amongst traders –traditionally, binary options traders operate against a specific entity, or ‘the house’.
The overall exchange and sharing of ideas and trends with their respective peers is important as it helps traders improve their awareness of binary options trades, whilst maximizing their probability of attaining a profit. Furthermore, the TradEqual platform aims to increase transparency through this sort of information exchange.
The overall attempt by TradEqual to increase communicative efforts amongst traders also helps achieve one of their goals of disrupting the binary options exchange market with fair trading, part of a broader Sharing Economy Revolution via peer-to-peer trading (P2P) exchange experiences.