The binary options software provider, TRADOLOGIC, has announced today a brand new feature for its brand called Super Turbo. This new trading instrument now allows “players” to trade within forty-five seconds, thirty seconds, and fifteen seconds.
TRADOLOGIC is the first Binary Options Platform Provider to launch a trading tool with such short time spans, aimed at delivering an even more fast paced trading experience than the popular short-term binary options for five minutes or less, more akin to betting than financial trading. According to the announcement this feature will allow binary operators to implement “one more game to their trading website”, offering a wider diversity to their end users.
Software developers operating in regulated markets such as the US and Japan have to shift their focus to longer term binary options in order to have them classified as investments. This new feature seems like another step for TRADOLOGIC to position itself and its brands as gaming or gambling providers, after launching slot machines like gaming hardware earlier this year, despite obtaining a CySec licence as a financial trading company.
Covid-19 Fallout: A Unique Opportunity for the FX Market!Go to article >>
TRADOLOGIC claims it now offers an advantage to the company’s white labels by being the only platform provider to offer “Super Turbo” trading. Considering the highly competitive nature of this industry it is very likely the other providers will soon develop a similar feature to offer their brands under a different name.
Ilan Tzorya, CEO of TRADOLOGIC, said in the announcement: “We are constantly creating new and innovative trading tools and features for the binary option industry that strengthen our position as a leading platform provider. Super Turbo is a great addition to the trading room of any binary option operator as it offers a lively trading and unique user experience.”
The first binary option brand that already has Super Turbo available for its clients is Cedar Finance. TRADOLOGIC will launch the feature for Binary Kings next. The company claims beta testing has shown that Super Turbo increases trader satisfaction and provides greater profitability for the operator.