Breaking Forex News…. Forex and Binary Options convergence continues.
Online trading platform providers Leverate and Tradologic have announced a partnership, whereby Leverate’s Forex and CFDs brokerage platform solutions will be offered to Tradologic clients.
Tradologic is one of the leading providers of binary options platforms to white label operators and brokers. However the binary options startup business has been hard hit the past few months, with a saturated market combining with regulator moves to curb binary options marketing taking its toll.
LeapRate had exclusively reported last summer that Leverate had discontinued the marketing of its own standalone Binary Options platform BX8.
The companies put out the following press release:
Tradologic to Partner with Leverate
January 10, 2017 – Leverate and Tradologic, two industry leaders in technology solutions for the financial investment industry, have welcomed the New Year by announcing their partnership. The decision to collaborate, will enable Tradologic’s binary clients (Brokerages) to branch into the full range of investment trading capabilities, including FX and CFD’s.
Tradologic is a leading global technology provider for Binary Option brokers. Their award winning solutions offer their clients advanced features and tools that achieve a competitive advantage in the market.
In similar fashion, Leverate’s cutting-edge solutions, has made them a global technology leader in the investment and trading industry. The full suite solution comprehensively satisfies the operational needs of brokers whilst simultaneously helping them to achieve and sustain a competitive edge. Platforms include SIRIXSocial for social trading, along with new automation and optimization tools such as Optim8 and Activ8. The partnership between these industry leaders is seen as a natural progression and a complementary fit.
Leverate’s suite of trading solutions will enable Tradologic to now offer a wider range of trading platforms to their clients.
Leverate CEO Kobi Gur explained that this is becoming an industry wide phenomenon.
Increasingly we are seeing a convergence in the market as binary option operators are looking to extend their offerings to other trading instruments. Our state-of-the-art software platforms enable them to do that, but also facilitate a competitive excellence.
Tradologic CEO, Michael Golod commented that the collaboration with Leverate will enable them to continue providing their clients with the best trading tools currently available in the industry.
Our objective is to help our partners increase their commercial growth and revenue. This is primarily achievable by improving our current line of offerings to include more innovative products that are able to service best trading practice.
Leverate is the vanguard of broker solutions technology and services empowering investment brokers and financial institutions with the tools to increase conversion, minimise risk and reach new markets. Leverate’s cutting-edge solutions, powered by breakthrough technology, provide market players a comprehensive suite of products to operate the most successful and competitive brokerages in the financial trading industry.
TRADOLOGIC is the global leader in the financial trading industry with technology built specifically for the binary options trading market. The company has won a number of awards in the forex and binary industry, including Forex Magnates’ Best Binary Service Provider award for 2013 & 2014 and EGR B2B Award 2015 for “Binary Solution “. TRADOLOGIC’s team pioneers in the binary option trading field and possesses a first-hand insight and deep knowledge about the financial trading industry. Currently, the company offers its clients a variety of products including option types, trading tools, advanced features, integration solutions and services that deliver outstanding trading experience and optimized user value.