By launching OptionBit in several languages, TradoLogic has taken another step towards becoming one of the leading financial trading companies in the binary option market
(PRWEB) April 27, 2010
Only one month the English version of the software was released to the general public along with several incentives and bonus offers to help new users get started at binary options trading online. The recent decision to enter the German market is just the first step in extending the brand to several new markets while maintaining the high standards of binary option trading via the OptionBit platform.
Binary options trading is quickly become a favorite choice for online investors interested in playing the market. How OptionBit works: OptionBit offers main types of binary options trading to the end-user:
- Above / below trades in which the user can try to predict whether the option will expire above or below the listed option price.
- Touch option trades in which the user can try to predict if the asset price will reach (or “touch”) a given upper or lower price.
OptionBit plans to offer a third trading choice in the near future called a “range option” which will allow the user to predict whether the option will expire within a given range or outside the range. In additional to the current set of basic trading options, OptionBit also offers two types of advanced features:
- Close option – where the user can close the option before it expires.
- Extend option – where the user can decide to extend the option to the next expiration time.
As an added incentive for using the platform, OptionBit offers the end-user a registration bonus of up to $500 along with a free e-book and a video guide designed to help teach new traders how to trade binary options via the OptionBit website.
The OptionBit platform is powered by TradoLogic, a leading trading platform provider, which provides innovative solutions to the financial trading industry. By launching OptionBit in several languages, TradoLogic has taken another step towards becoming one of the leading financial trading companies in the binary option market. Tradologic’s CEO explains: “As the provider of OptionBit technology we offer the highest standards in binary options technology including strong risk management capabilities.”
To find out more about how to trade in binary options and to demo the OptionBit platform readers can visit: optionbit.com