TechFinancials is a binary option trading platform, that is up there with the best. Many major binary options brokers use TechFinancials, including Optionfair. Essentially TechFinancials provides the data, while brokers like 24option and Optionfair make use of the data and put it in their own websites.
TechFinancials was first established in 2009, and their aim is to provide their partners with trading technology, and bridging the gap between the what professionals use and the mass market. So that the mass market understands and can easily make use of any trading data. It is the only binary options technology provider to be on the London Stock Exchange (LSE), AIM Market with the symbol TECH.
There are TechFinancials clients in a number of countries, they pretty much serve the world, including the UK and Iceland to Australia and South Africa. There are also TechFinancials offices in Europe, Africa and Asia.
Features
The products offered by TechFinancials are, Binary Options, Fixed Strike Options, Simplified Forex, option Pricing and Trading On the Go. Binary options are for providing entry to professional trading products, so you can trade forex for example. Fixed Strike options is for ensuring transparency and ladder options comply with the global regulatory authorities and requirements. Simplified Forex is maintaining the concept of a simplified user experience and targeting new audiences. Option pricing is an accurate, real-time platform to deliver the data. Trading on the go is a mobile app, available for IOS and Android.
As you can see, TechFinancials provides a compressive set of options, with a common theme. A simple and effective platform, that provides high-quality services. There are currently seven trading options with one of these seven added recently, which is the 60 second facility. The others are, High/low, Above/below, One Touch, High Yield One Touch, Boundary and High Boundary.
High/low is useful for investors, who want to know if their selected asset price will end higher or lower than the selected price at the expiry time. Above/below allows investors, much like high/low, to predict if the asset will be above or below the open or strike price at the expiry date. One touch is for when an asset reaches a level set by the investor at least once before the final expiry date. Boundary is for when the asset price is in a minimum and maximum boundary range. The high yield part for One Touch and Boundary is there to allow investors to potentially get a larger reward, by increasing the risk. This is one aspect which is unrivalled by any other competitor out there, easily surpassing any other competitor. The latest one, 60 second feature is for trading very quickly, i.e in a minute.
Design
TechFinancials is well known for its user friendly interface, with its graphs providing a simple yet detailed insight of the data. Even if you do not quite know what a particular function is used for then there is a simple, easy to understand guide to help you. The homepage is simple showing you what you need and want to see. It will show your preferred trading type, and then also all the assets, under each category. The target price and when the assets expire are shown.
The actual trading interface is clean and minimal, so it is easy to focus on what you are trading. There is a row of buttons, with simple icons, which is self-explaining. Switching between different charts is easy, and different time scales as well.
If you would like to look at your trading history, then you simply select the trading history tab, which you can then further customize so that you only see between certain dates.
Mobile View
The mobile aspect of TechFinancials means you can trade almost anywhere, and this is something TechFinancials does quite well. As long as your mobile device has an internet app, you can access a mobile view of the trading platform.
There is also a IOS and Android App, so you can trade on an even more fluid platform. The app is free, and to use all you need to do is open up the app and sign in, to start trading from the app. The app is well designed and user friendly, allowing you to quickly navigate and carry out your requirements.
Conclusion
There are certainly many binary options platform providers out there, however TechFinancials, provides a well-designed, platform for both beginners and professionals alike. It is simple enough for beginners, while having the advanced capabilities that the professional traders need. It is a platform, that is unobtrusive, so that you can focus on your trading. TechFinancials has a large number of options for everyone, and puts each option into an easy to understand display. Hence, whenever binary options are talked about, TechFinancials is always there with the best.
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