Tradologic, the company that develops trading platforms for binary options brokers, has recently announced the opening of a business branch in the city of London, in the United Kingdom. Its purpose behind establishing offices in the British soil is to continue its international expansion and to spread the practice of the binary options around the world. As one of the industry leaders in the development of platforms for binary options brokers, this company is one of the pioneers in this field; its success lies in its ongoing efforts to improve the experience of binary option traders and provide them with excellent services. Tradologic offers brokers innovative and creative products to meet the demand of traders. Several binary options brokers such as OptionBit or even XP Markets are all equipped with Tradologic platforms.
With a dozen offices all over the four corners of the world, the Tradologic company has already been installed in Sofia, Bulgaria (where its headquarters are located), Tel Aviv, Israel, Nicosia in the Mediterranean island of Cyprus, in Moscow, Russia, in Tokyo, Japan, in Manila, Philippines, in Shanghai and in Hong Kong, China, as well as in Singapore. With regard to the new offices of Tradologic at the heart of the British capital, it comes as a strategic choice as explained by the representative Gil Erez. According to him, this implementation is rational for several reasons; among them the fact that the software developer would now be situated close to an abundance of potential partners given that London (the City) is one of the largest financial centers in the world, attracting many investors in search of new business.
The regulators of the British financial markets (FCA) continue to consider binary options as the purview of the game (gambling). At the moment, the FCA does not regulate any binary options broker; organizations such as the CySEC or FCA who consider binary options to be a real financial product are the only ones that allow brokers to obtain licenses and legally carry out their activities by establishing itself in London. Tradologic could not dissuade the local regulator and encourage them to lend a little more attention to binary options as well as attention to the industry of forex brokers.
Because Tradologic aims at international growth, this ambitious company has undertaken concrete steps for the purpose of capturing the huge Chinese market. The developer of the binary options platforms has been one of the main participants in the 3rd International exhibition of online trading which took place in Shenzhen on the 13th and 14th of September 2013, demonstrating the broker’s intention to develop and offer its services in many parts around the world. The Tradologic teams have indicated that they carefully observed the Chinese market and the country’s growth. If new offices were to be opened, this would be in a different Chinese city other than Shanghai and Hong Kong, in China, which is currently composed of its 1.35 billion inhabitants offering a number of really interesting potential clients for binary options brokers; this is why this country attracts the interest of Tradologic which is looking to make new partnerships.
The demand for Tradologic products is growing more and more considering the interest shown by binary options traders. There is nothing surprising in this, given that binary option is a product requiring little experience and expertise in the financial markets. Besides it being a simple way to invest and make money quickly, we can add that the binary options industry accounts for more and more regulated binary options brokers such as OptionWeb and TopOption, which only amplifies its credibility.
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