SupaBinary is the most prominent and popular white label of leading binary options platform provider TRADOLOGIC in the South-Eastern region. In order to show its commitment and appreciation to its partner and also consistent with its practice to always adapt to the needs and wants of its collaborators as well as individual traders and the industry within which it operates, Tradologic decided to develop a unique, custom made, revolutionary product which takes into account the idiosyncrasies and specific requirements of the Asian financial trading market.
Already an established practice in the gambling industry and widely used by Asian bookmakers, because the cultural values in Asia greatly favour the creation of close personal relationships which make the conversation into actual clients easier, the unique product in question is the Agent System, and Tradologic’s decision to offer this renders it the first and only binary options platform provider to do so. In essence the agent system is an affiliate system that allows binary option operators in South- Eastern Asia to have land-based agents and it is a system that is both easy to operate as well as highly advanced in its design and execution.
TRADOLOGIC’s CEO Ilan Tzorya commented that: “The agent system is an important addition to TRADOLOGIC’s products as our company is the only binary platform provider to offer an affiliate system that is convenient for the Asian market.”
Through the way the agent system is purposely setup on TRADOLOGIC’s platform, operators in the given geographical region, i.e. in Asia, have real contact with a network of agents and traders. The traders perform trades and, depending on whether they end on profit or loss, give or receive corresponding balance to or from the agent. The participants in the trade have the opportunity to choose whether the transactions will be performed through credit cards or through cash balances distributed by the operator. The activities on the platform are reported on settlement periods each week or each month.
What is important to note is that through this system the risk is decreased, since the transactions are distributed among the members of the agent system. This type of financial trading model has already proved to be very successful on the Asian market and SupaBinary that has implemented it in the past two months has already witnessed increased client conversion rates while its customers have expressed their satisfaction with the new system, indicating that indeed a land-based affiliation system is the most appropriate for the Asian region.
George Milios is the founder of onlineforextrading.net, the binary options and forex news portal which is dedicated to providing you with all the information you need to successfully trade.