Less than two months ago, Leverate relaunched its binary options platform, and it has already been adopted by a new brokerage. Finance Magnates has learned that the recently launched TradeThunder is the first firm to deploy the new version of BX8.
TradeThunder is a spinoff from an affiliate network and therefore its focus will be on marketing via affiliates. It operates a new affiliate program called AffBucks, which will be driving most of the traffic to the site.
The CEO of TradeThunder explained to Finance Magnates how the cooperation with the platform provider came about: “We thought about opening up a brand in the past but didn’t want to be just another Spot brand or the like. Leverate came to us as they wanted a partner that had affiliate experience, we liked what they had to offer and decided to move forward.”
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The TradeThunder CEO said he does not want the new firm to compete with the big guys, just to find its own niche. It will differentiate itself from all the other brands by using a unique bonus model. “We believe that there is money to be made being an honest broker.”
Unlike the common practice in the industry, TradeThunder won’t give a deposit bonus upfront. Instead it is earned through volume of trades and released step by step with no withdrawal restrictions. Traders will see that whatever is in their trading account can be withdrawn at any time, so they won’t get the feeling that the broker is holding their money hostage- this is something that traders often complain about when they are told they must trade more before they can withdraw.
“Our goal is to offer our traders a transparent trading experience through great customer service and the latest Binary Options Platform, BX8 from the leader in Forex, Leverate,” summarized the TradeThunder CEO.
The new frontend system, as can be seen on TradeThunder’s platform, offers sharp visuals and fast execution. It basically operates from a single web page with seamless popups for notification. All the settings, including trade sizes and switching to one-click trading mode, are available on the main interface.