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Who is tradorax?

The tradorax™ trademark is operated by alagos Ltd.

tradorax offers a revolutionary platform for binary options and forex trading . The focus of

the company is to combine our vast wealth of knowledge in order to bring our clients the best online trading experience.

No previous experience is required, and the tradorax product is suitable for advanced, as well as beginner traders. Trading with us is fast and easy for everyone.

tradorax offers over 100 assets from leading stock exchanges from around the globe:

currency pairs, indices, commodities, and stocks.

Our range of trading instruments includes High / Low, One Touch, Boundary, and Short Term options.

The unique tradorax platform requires no downloads – simply register and begin trading using our web and mobile platforms for immediate accessibility and trade executions.

As for account classifications, there are 4 account types – Micro, Silver, Gold, and VIP

The experienced support team of tradorax provides expert assistance in multiple languages 24/5, offering personal guidance to all traders.

tradorax offers the customers full access to an Advanced Education Center, including trading

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What is Binary Options?

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TRADING PLATFORM

1. ASSET TYPES

Listed here are all assets available for trading.

Customers can use a filter to select and sort the available assets. Asset types are distributed in groups, from which you can choose according to your preferences:

Indices

Currencies

Stocks

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2. TRADING INSTRUMENTS TYPES

With tradorax you decide which instrument to use for trading binary options. Each instrument has its unique benefits and features that you can use depending on your preferences.

• High/Low Instrument - a binary options trading instrument in which a trader must predict if the underlying asset will reach a value that is above or below the strike price when the option expires.

• One-Touch Instrument – touch and no touch – binary options trading instrument in which a trader must predict if the underlying asset will touch (or not touch) a specific value prior to expiration.

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• Short term options come with 60 seconds, 2 minutes and 5 minutes expiry times. With short term options a trader speculates if price of the instrument will close higher or lower than the market price at the expiration time. These are actually identical to high/low options, but for the shorter expiry time.

3. IN/OUT/AT

“In-the-money” refers to a situation in which the underlying asset’s value will generate

profit. For example, when selecting “high” on the high/low instrument, the option will be “in-the-money” if the underlying asset’s price is above the target price.

“Out-of-the-money” refers to a situation in which the underlying asset’s value is such that it

will not generate profit. For example, when selecting “high” on the high/low instrument, the option will be “out-of-the-money” if the underlying asset’s price is below the target price.

“At-the-money” refers to a situation in which the option’s target price is identical to the

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4. EXPIRY LEVEL

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5. GRAPH PANEL

After choosing a specific financial asset for an option, please divert your attention to the Graph Panel on the right side of the platform. The screen-shot below provides an example for the information contained in that box with a EUR/USD option.

The panel on the right side displays the following information: • Name of the underlying asset

• Expiration time – the specific predetermined hour and date when the time allotted for estimating the direction of an assets market value closes.

• Target Price - A term representing the value that an underlying asset must reach in order for an option to end “in-the-money”. For example, when using the “one touch” instrument and selecting “touch”, the option will end “in-the-money” if the underlying asset touches the target price.

• Market Price – The current value of an underlying asset.

• Price Graph – A chart of the asset price versus time, including the target price(s) and the time remaining until the option’s expiration.

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6. OPEN TRADES

This section shows all purchased options, which have not yet expired.

Trade Details - the underlying asset’s name. Amount - the amount invested in each option.

Target - this is the target price for the option you bought (it is fixed once the option is purchased). Market - the current value of an underlying asset.

Expiry - this time when the binary option is due to expire.

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7. CLOSING POSITIONS

You will have the choice of closing out an existing option trading position. This can occur no matter whether the option is “In the Money” or “Out of the Money.” However, this selection may not be available throughout the whole lifetime of the option.

When a ‘Close at’ selection is available for an open option position, the price bid provided by

tradorax for the option is shown as continuously changing in the amber portion of the

Trading tools (see picture below). Clicking the "Close at" button immediately brings the relevant option to expiration at the price shown.

Early Closure - A feature offered by tradorax which allows traders to exit an option prior to

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HOW TO TRADE

In order to trade binary options, perform the following steps: 1. Choose you preferred assets from these categories:

Indices, currencies, stocks, and commodities.

2. Decide which trading instrument you would like to use:

High / Low, One Touch, Boundary or Short term.

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LET`S START TRADING

1. REGISTRATION

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2. LEGAL TERMS & CONDITIONS

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3. FIRST DEPOSIT

The minimum deposit in order to start trading is 200 in USD, or in another currency available on the tradorax platform.

Customers can invest with tradorax using multiple methods. Some of these include credit or debit card, wire transfer, as well as CashU and a variety of other alternative methods. We are constantly working on providing our clients with more processing and investment methods.

We accept the following payment methods

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ACCOUNT MANAGMENT

1. MY ACCOUNT

When ‘My Account’ window is open, the following tabs become available:

2. ACCOUNT DETAILS

This section displays all of the personal and account data that was collected when you made your registration at the tradorax website.

3. ACCOUNT SUMMARY

The Account Summary contains the following details:

Your Account Cash Balance: the amount of cash that is currently available to you for

investment.

Your Account Bonus Balance: this is the amount of bonus money that is available for

investment.

Total Cost of Your Open Positions: The amount of money that you currently have invested in

your open option positions.

The Total Value of Your Account: This is the sum of your Cash Balance, your Bonus

Balance and the cost of any open option positions.

4. BINARY HISTORY

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5. BONUS SUMMARY

This page displays information about your active and past bonuses. Bonuses require "wagering", which means you must reach a certain trading volume in order to be able to withdraw bonus funds. When you receive a bonus, it is credited to your account, and when you have traded the required volume, the bonus becomes available for withdrawal and the bonus status changes to “wagered”. Once the bonus is wagered the "Wager %" value will be at 100%.

6. TRADING STATISTICS

The trading statistics section contains the following details:

Total Trades

Total Invested Amount Average Invested Amount And percentage ratio of:

Instrument - Position Distribution Asset - Position Distribution

Order Time - Position Distribution Instrument - Invested Amount Distribution Asset - Invested Amount Distribution

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7. CHANGE PASSWORD

The Change Password section allows you to change the password needed to access your account. To do so, you will first need to enter your old password. You will then need to enter your new password and confirm it before clicking on the "Submit" button in order to change the password for your account.

8. BANKING

You can make deposits and withdraw profits from your trading account by choosing the Banking tab.

9. DEPOSIT

To make a deposit, you will need to perform the following steps:

1. Select a deposit method from the menu located on the left side of the form. 2. The necessary details marked with an asterisk must all be filled in.

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USEFUL RESOURCES:

Banking & Security page FAQ

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