Will Redwood Options Have 30 Second and 2 Minute Options Available
Will Redwood Options Have 30 Second and 2 Minute Options AvailableDecember 1, 2013
It’s no secret that 30 second and 2 minute options are the big thing now on Spotoption-based platforms. However, this trader would like to know why only brokers like GTOptions were able to obtain this feature, and what my favorite new broker Redwood Options is doing in order to integrate these amazing options into it’s platform.
Redwood does offer 60 minute options, however this is the standard these days and I would expect much more from a Top Tier broker such as this. Additionally, RWO is keeping the previous trading format which has a more traditional look, while other brokers have implemented the new design which gives it a more slick and professional touch. At the end of the day, these things are not as important as the actual trading environment and the high level of customer service, but it does look like this binary options broker needs to polish up its act and start thinking about integrating these new features before losing ground to competitors like GToptions or GOptions.
30 Second and 2 Minute Trading: A Brief Explanation
Similar to 60 seconds, these new features simply give you more variety by allowing you to trade additional short term contracts. Much the same way as the previous digital options act, these new expiry times give you more diversity and a new way to profit. Tradologic has come up with 5 and 10 minute contracts and they name it Turbo Trading, this is something which has definitely made an impact with traders wanting to invest with brokers such as Optionbit or Optimarkets.