The company Tradologic, one of the leading providers of platforms in binary options trading that supplies a multitude of binary options brokers with online platform (webtrader), announced its novelty. It bears the TRADINATOR name. This is a system that will allow its users a combination of binary options trading and the game. The company Tradologic, located in the United Kingdom, introduced its newest product during the “ICE Totally Gaming Expo” event held in London from February 4 to 6, 2014. Visitors of this exhibition were the first to be able to enjoy this Tradologic novelty. TRADINATOR will be based mainly on the turbo binary options (very short 60-second maturities). This type of binary option has been named by the developer as a “financial entertainment”.
Thanks to its CySEC regulators, Cyprus has been the first country fighting to allow binary options trading and to recognize the simplest way to earn money on the financial markets as an activity based on a genuine financial instrument. Other international regulators such as the regulator of Malta (MSFA) have gradually followed the Cyprus example. Other countries like France through the Financial Markets Authority AMF, Spain through the regulator CNMV, Italy with the regulator CONSOB or the United Kingdom with the FCA have also recognized binary options as a financial practice by granting their licenses to brokers such as AnyOption or TopOption. The determination of financial regulators shows us that binary options are rather more related to finance than game. For a short time, they have been recognized as a true financial activity and not mere gambling. Hence, Tradologic has combined binary options with game although only by pure design!
An official press release that has been issued by the company Tradologic detailed its new offer to the binary options industry but also the gaming industry. Tradologic has teamed up with several binary options brokers such as OptionBit and XP Markets and may hence optionally create and maintain partnerships with online gaming companies such as casinos. The concept could even go further than that and attract actual physical casinos that could also offer their players a kind of alternative slot machines that would be based on binary options games.
Tradologic announced that its new terminal will be fairly comprehensive as it will offer many different games that are based on binary options. It will also be available in several languages ??to reach a maximum number of traders and players all around the world. The online version which should be more common after the product launch will be accessible via a computer. The users of iPhone (iOS) and Android-based smartphone operation can also access TRADINATOR given that this product will be proposed for users of fixed and mobile devices.
As far as the games that TRADINATOR will be offering, please be aware that the offer will be based on turbo options (60 seconds). However, what makes the innovation most surprising is that the super-turbo options will also be offered to users. This relates to binary options with maturities of 30 seconds as well as mere 15-second maturities in addition to 5-tick binary options with maturities that will not be based on the time but on the price (once the price will have evolved from a distance of 5 ticks on the graph, the maturity will expire). TRADINATOR promises that it will be really interesting and if successful, it could attract the forex industry, binary options and games around the world.
To test the information contained in the Tradologic document in relation to its new product, it appears that a total of 5 games based on binary options will be offered to traders and players; the games in question are named Bull & Bear, Crazy Markets, Forex Gump, Forex Jungle and Markets Rally. These game names can already give us some idea of ??what it is and what to expect. Tradologic shared these key details with us but has also filed a patent on the TRADINATOR brand for the added protection.
The act of combining both the financial activity of binary options and the game can be proven particularly interesting both for the traders and players. For example, in some countries where gambling is prohibited, TRADINATOR may be masked as a financial product. In other regions of the world where it is regarded as an activity of speculation in financial markets that are not accessible to individuals, this product may be recognized as gambling.
It will be interesting to see the impact that TRADINATOR will have on various targeted industries (forex, binary options, games) and what will be the first binary options brokers to offer this innovation to their traders. In the meantime, we invite you to consult the Tradologic press release on TRADINATOR as well as the trade-floors.com website posted by Tradologic and give us some details about this new method of making money trading by combining binary options trading with the game.