Binary options technology developer Tradologic has announced today it is making yet another addition to its wide array of trading tools. The company has launched a binary options mechanism it calls an ‘Insurance tool.”
Standing next to the already existing Close, Extend and Double tools on the Tradologic platform, the new Insurance tool will enable traders to insure their options against potential losses. Apart from extending оr closing open trades, they will now have the choice to buy insurance and get their investment back if the trade expires out of the money. Thus the comapny promises, open trades management will become more flexible than ever before.
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Tradologic claims in the announcement today that it has the biggest information technology development capacity in the binary options industry which allows the company to develop new products and tools. The new Insurance tool, already used by most of Tradologic’s clients according to the developer, is showing a great increase in their revenues while, at the same time, offering a better trading experience to the traders.
“TRADOLOGIC is always looking for innovations and solutions that will benefit all of its existing and future clients. We are consistently aiming for the highest standards of excellence in meeting our customers’ expectations. The only way to be at the forefront of the industry is to invest in the daily improvement of our products. This is what keeps and will keep us on top of our game,” said Gil Erez, chief business development officer at Tradologic.
In January, Tradologic had announced it was partnering with MTE Media to provide binary options educational services to its white label brokers.