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Le premier Championnat Mondial des Clubs couronne ses champions. Under the surface, they run the same technical programs, which is why they will always create the same outcome. TradoLogic provides white label services for many different trading styles. They have offered CFDs and spot forex for quite a while, and started to offer binary options when the industry began to boom. It is an established company and has been around for quite a while. TradoLogic is one of the leading providers of white label binary options solutions.
Its main competitors are SpotOption and TechFinancials. As a binary options trader, you will probably never deal directly with TradoLogic. Nonetheless, there is good reason to know the white label broker because you are likely to indirectly deal with them.
Once you form an opinion on TradoLogic, you understand a large part of the binary options world. If one TradoLogic broker is good for you, most others will be fine, too. If one TradoLogic broker is bad for you, you should stay away from all of them. You can greatly simplify your broker comparisons by understanding the four great groups of brokers:. You have to do a little research with the last group take a look at our broker list, for example , but it is well enough to test one broker of each of the first three groups.
We would recommend staying away from all of these white label brokers, but more on that later. For now, the important point is understanding the system. There are three white label brokers, and regardless of which of their brands you use, you always trade with the same system. The most popular TradoLogic brand is a broker called Option Bit. When you open the Option Bit website, Google Chrome will issue a warning message that you are dealing with a scam.
This warning is well-justified. The problem with TradoLogic is that you are gambling against the house. Regardless of which brand you are using, TradoLogic creates the payouts and the binary options types in which you invest.
Just like a casino only offers games of which it knows it will make a profit, TradoLogic only offers payouts that are in their favour. This system is not inherently bad. There are many gambling games online. Some are based on cards, others on slots or roulette balls. Why not have one based on the financial market? Similarly, the fact that you are investing against your broker would be fine as long as your broker offers fair payouts that only take as much money from you as you would pay in fees with other forms of investing.
In this case, the system would be the same as with other financial investments. Some traders would make money, some traders would lose money, and the broker would take a cut when the money shifts from side to side. This is how every financial market works. Apparently, one popular method is to deny the traders the withdrawal of their money based on alleged security concerns. The TradoLogic withdrawal process is intentionally complicated, which makes it difficult for traders to do everything right.
For some traders, small mistakes meant that they will never get their money back. This behaviour is unjustifiable. Internet security is important but hiding behind its mask to keep a traders money is wrong.
Other traders reported that they were pressured into making large deposits. Once they had put in a little cash, their personal consultant called them, urging them to invest more in exchange for additional bonuses. These and other similar tactics are covered in more detail in our scams page.
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