TechFinancials – The Shadow Empire of Binary Options

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7 Binary Options

TechFinancials Inc, a successful brokerage group and binary options platform, has recently published its financial report for the first half of 2020. It displayed major improvement and even record results for the company, and especially its binary options broker OptionFair.

It is clear from the report that TechFinancials had the best six months in terms of revenues since its very creation. Overall, since the beginning of this year, the company brought a total of USD $9.9 million revenue. This result is nearly equally divided between its B2B software solution platform (that brought in $5.4 million) and the binary options broker OptionsFair (that resulted in $4.5 million). To compare this result with the second half of last year when OptionFair had only $1.7 million in revenue, we get the improvement of 164% overall in the past half a year. It marks a truly incredible breakthrough for the company.

Reasons for success

When commenting on its extraordinary performance this year, the company mentioned the importance of forming DragonFinancials, a partnership with Optiofortune, a binary options platform that is mainly focused on Asia Pacific region. After the establishment of this partnership earlier this year, it proved to be a beneficial move for TechFinancials as it has been operating better than ever before.

Another reason for this remarkable success, according to the company, might be the fact that in the beginning of this year it launched its third trading platform that has been focused on Contracts for Difference. This is a great addition to last year’s initiatives: Mobile Platform and Forex Platform.

All in all, the company is very pleased with these results. It seems like the TechFinancial strategy for development that included the agreement with Optionfortune, investments in new launches and touching new markets by opening a new office in Hong Kong is finally paying off. Now more than ever, the company is sure to reach its goals for 2020 and present an even better report at the end of this year.

Trading with OptionsFair

OptionsFair is a strategically designed binary options platform that has a lot to offer to anyone interested in trading. Its goal is to provide secure trading to its customers while still offering a wide variety of investment assets. It is also very user-friendly and makes the trading experience with it not only profitable but also highly enjoyable. The service and customer support are available in many languages, making it more accessible to traders all around the world than any other binary options platform.

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So it looks like now is a really good time to give OptionFair a try, if you haven’t yet. The company’s financial report speaks for itself and makes us more secure than ever in recommending this trading platform to our readers.

The report is available for general public and can be read here.

OptionFair Articles:

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TechFinancials Brokers

One of the more successful binary options brokers that has adopted the Tech Financials trading platform is 24Option.

The award-winning binary broker is owned and managed by a Cypriot Investment Firm (CIF) called Rodeler Ltd. Operating under the CIF license #207/13 and regulated by the Cyprus Securities Exchange Commission (CySEC), 24Option has successfully managed to combine the best of both worlds for their traders in terms or regulatory protection and enhanced trading experience.

With returns for regular options reaching as high as 89% and the ability to trade with more than a hundred different types of underlying assets on a premium trading platform like Tech Financials, it’s not surprising to find that 24Option is the binary broker of choice for countless number of traders from all around the world.

List of Other Brokers adopting the Platform

Apart for 24Option, there are also numerous other binary options brokers that have adopted the Tech Financial trading platform. They include:

  • 2Selections
  • 33Options
  • Binary International
  • Boss Capital
  • Exbino
  • FRX Banque
  • Option99
  • OptionsClick
  • OptionsFair
  • OptionsXO
  • Planet Option
  • Vantage FX

There is no doubt that the Tech Financials platform is one of the best binary platforms around. It comes as simplified solution that delivers world class performance. With the platform’s ability to deliver accurate pricing, a trader can be confident that his trades will be executed instantaneously. Click here to visit the 24 option website.

More about the TechFin Binary Options platform

There’s an age old saying in trading, “knowledge is power”. Now that may be true and go a long way to reaping massive profit, but let’s not overlook the importance of working with an efficient, and for that matter secure trading technology provider.

With trading, timing is everything – the speed at which your trade is executed is a key factor in determining whether the trade will be successful or not. That’s why binary options and forex traders are consumed by using platforms that they know perform well. Additionally server down time is a real pain when it comes to trading. Imagine this scenario, you’re about to close out your trade and the platform you’re trading on goes down. It’s annoying.

This article looks at one of the key technology providers in Binary Options, Tech Financials. It will cover the key platform features, benefits, and cons, if any.

Platform Types

Generally, binary options traders will come across two different types of binary platforms, both proprietary and those developed by third party providers. In the binary options trading industry, there are only a handful of binary brokers that have opted to develop and use their own proprietary platforms.

The majority of binary brokers instead rely on white label platforms, developed and supplied by third party solution providers. These are dominated by several leading brands one of which is Tech Financials.

About Tech Financials

Established in 2009, Tech Financials is binary options trading solution provider that specializes in delivering simplified trading environments for both novice and professional traders. The company is currently the only binary options trading platform provider that is listed on the London Stock Exchange AIM market under the ticker symbol “TECH”.

Key Features of the Platform

The Tech Financials binary trading platform is one of the most popular binary trading platforms in existence today due to its amazing capabilities and ease of use. The platform offers:

One of the key elements which form the foundation of binary options trading is the asset’s price. In order to deliver real time accurate pricing, Tech Financials has developed a cutting edge pricing engine called the “Orca+” that is able to meet the demanding conditions of the fast moving binary options trading arena. Today, their pricing engine serve accurate real time prices to more than 100,000 binary trading transactions made daily by traders from all over the world.

• Fast Execution and near Instantaneous Reaction Time
In order for traders to reap the benefits of accurate asset pricing, a platform must be able to quickly execute trading orders placed by traders. In fact, the trading speed and reaction time of the trading platform can determine if a trade will be successful or not, especially when it comes to short term options. With its minimal graphic user interface, the Tech Financials platform is able to perform at near instantaneous speed to enable traders to monopolize any favourable market position which they have identified.

• Trading on the Go

With the majority of today’s wired population owning a smartphone or mobile device, forward thinking Tech Financials has recognized the fact that most binary traders will most likely own a smartphone or mobile device as well. To enable traders using the tech financials’ platform to harness the power of their smartphones or mobile devices, Tech Financials has developed dedicated mobile trading apps for both iOS and Android powered devices. The apps are designed with a simple yet user friendly navigation interface that maintains the look and feel of the fully fledged trading platform ensuring minimal adjustment time to fully exploit the apps.

Multiple Option Types

To enhance the trader’s experience while they are using the platform, Tech Financials has provided support for several types of options contracts. The option types can be categorized as:

• Standard Options
These are your typical High/Low (Call/Put) options contracts where traders just need to specify the direction of the price movements. The average run time for this type of option contract is 30 minutes. Variations of this type of option contract comprise of one touch options, and boundary options.

• Short Term
These trading contracts are designed to be fast paced especially for traders who want a faster turnaround for their investments. The expiry times ranges from 30 seconds, 1 minute, 2 minutes and 5 minutes.

• Long Term
To cater to binary traders who want to trade using just fundamental analysis, Tech Financials has came up with the idea of long term options contracts. These options have an expiry time that extends to the end of the trading day or to the end of the month.

• High Risk
Tech Financials has also provided traders with the option of converting one touch and boundary trading contracts into higher yield contracts with just the click of the mouse. For example by clicking on a “High Yield” tab, a trader can turn a contract with 70% payout ratio into a contract with a 200% return. Naturally, with higher yields comes higher risk.

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