A new standard for binary option brokers worldwide.
New York, NY (PRWEB) March 16, 2010
OptionBit.com , a new brand powered by TradoLogic, has been launched today Monday, March 15th 2010. OptionBit is TradoLogic's third brand, following the launch of two other brands last month. OptionBit provides users with an advanced user-interface, new types of binary options to trade and unique trading features--creating a new standard for binary options brokers worldwide.
New Types of Binary Options at OptionBit
Most binary option traders are familiar with Above / Below option, where the user predicts whether the underlying asset will expire above or below the current price by the time of expiration. However, OptionBit is now offering an expand list of options users can trade on including two new options, Touch and Range.
The Touch option offers users the ability to predict whether their underlying financial asset will touch a specific price by the time of expiration. Users can choose one of two options; if they believe the underlying asset will touch a higher price they can select the "Touch Up" offer, and if they believe the underlying asset will touch a lower price they can select the "Touch Down" option.
Range Option - Coming Soon
Another new unique offer at OptionBit is the innovative Range Option. When trading Range Options, the user needs to predict if the price of the underlying asset will expire in or out of a specific tunnel by the time of expiration. Traders can select either "In the Range" if they believe the option will expire in the tunnel, or "Out of the Range" if they believe the option will expire out of the tunnel. With OptionBit, users can trade options in a volatile market without knowing which direction the option will move, increasing their chances of making high returns on their investments.
In addition to providing users with several types of binary option to trade on, OptionBit has special advanced features to help users manage their money and increase their chances of making a high return on their investments:
Close - Close feature allows users to close their option before the time of expiration. If the option is in-the-money at the time, the user will receive a high return on their investment. On the other hand, if the option is out-of-the-money, the user will be able to minimize their loss using this unique advanced feature.
Extend / Roll Over - Extend / Roll Over allows users to extend their option to the next time of expiration and increase the chance to take the profit for their trade by paying a small premium fee.
These innovated features, along with the new options and design, leverage users' experience and give traders the tools they need for getting a better return on their investment in a short amount of time.
TradoLogic is a trading platform provider, offering innovative solutions to the financial trading industry. By launching OptionBit , TradoLogic is making another step towards becoming one of the leading financial trading companies in the binary option market.
"Recently TradoLogic signed partnership with a leading Risk Management entity enabling TradoLogic to develop innovative options and advanced trading tools making financial trading more smart and exciting," said TradoLogic's CEO.
"Our development never stops, we provide our brands with strong back office, marketing tools, and reliable risk management. We are continually partnering with large Forex companies in order to provide them with our trading platform solution. We look forward to new partners joining us in making the financial trading accessible to everyone."
You can visit TradoLogic online at http://www.Tradologic.com or connect on Twitter.