Tradequal was a binary options exchange that opened at the end of 2015. Tradequal is owned by Ultima Capital Limited, located at Suite 305, Griffith Corporate Centre, Beachmont, Kingstown St. Vincent and the Grenadines.
Their phone number is +44 203 769 3582 and their email address is [email protected].
The concept at TradeEqual is something that many traders have been wanting for a while, which is an exchange. Traders have always wanted the ability to write binary options, instead of buying them.
The way it works is like this; Standard returns on binary options are 85%. A trader can “write” a call (or a put) and offer a better return for the buyer. The trader who sells the call at a rate of 86% return, will profit 116% if the call expires out of the money.
There selection of trade-able assets at TradEqual is still relatively small. They have listed a total of 20 Forex pairs, commodities, stocks and market indexes. We anticipate them adding more assets as the exchange grows.
The minimum deposit for an account at TradEqual is $250.
The minimum trade size for buying options is $30, and the min for selling options is $40.
When the Scam Broker Investigator reviews brokers and exchanges of binary options, we check to see if they are licensed by a government regulator.
Currently, TradEqual is not licensed but they plan on getting a licensed from one of the EU Mifid licensing agencies, check status here.
Traders from the United States are not allowed.