Tradorax Inc. was founded May 1, 2014
Investors Buz – Global Markets Roundup
Tradorax . was founded May 1, 2014 and is owned and operated by Alpha Capital House LTD at 1A Arcade house, Temple Fortune, London. The company is headquartered in Switzerland. They are an online binary options trading platform provider offering traders investors trading services for various underlying assets which include stocks, commodities, indices and currency pairs.
In part the Tradorax disclaimer advises its’ clients to read all the terms and conditions provided upon registration and before opening any positions on their broker trading platform. The digital option quotes that are shown on the Tradorax™ platform represent the rates that the broker is offering options at. Traders/investors should be aware that rates shown may not necessarily correspond to the exact live market quotations. (A full disclaimer is available on their official website).
Tradorax Inc. is not currently (at time of writing) regulated, however the licensing/regulatory process is fully underway. Tech Financial, the technology partner utilized by Tradorax, is fully licensed and regulated by CySEC (Cyprus Securities and Exchange Commission) as well as listed on the stock exchange.
Tradorax Review Summary
Overall we feel good about Tradorax as a quality binary option broker. They do provide a forex product and we like the one on one coaching program they offer. Although it is not free the market news and analysis resources they provide are, so extra points for that. In terms of capitalization and banking they appear very solid. The only draw backs that are a tad bothersome to us is they are less than 2 years old and not regulated (at the time we write this). However the technology company they utilize, Tech Financial, is in fact regulated by CySEC (Cyprus Securities and Exchange Commission). Tradorax is in the process for fully licensed and regulated status. Considering that and a solid, experienced management team being in place, we like them.
tradorax™ offers trading on a variety of assets such as stock market indices (e.g. FTSE), stocks (e.g. Google) , commodities (e.g. Gold) or currency pairs (e.g. EUR/USD).t
At tradorax™ a financial binary option presents two possible market movements depending onthe trading instrument:
- High / Low Instrument: Decide whether the asset price will go UP or DOWN.
- One Touch Instrument: Decide whether the asset price will TOUCH or will NOT TOUCH the target price.
- Boundary: Decide whether the asset price will stay in a target price RANGE or not.
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