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Trading binary options contracts directly via exchange is a growing trend nowadays. Nadex was pioneer in introducing the concept of trading binary options directly at an exchange but the problem was that Nadex accepts clients from only few countries because of being a US-based exchange. Daweda Exchange presents solution to this problem; they are based in Cyprus and fully regulated from the Cyprus Security & Exchange Commission (CySec). DE offers 100% rate of return on successful trades, making it an ideal choice for hedging. The exchange also offers generous cash back rebates as well as automated trading system based on your own strategies.
Daweda Exchange operates under no conflict of interest unlike binary brokers. At DE, traders can trade binary options contracts with other traders (instead of a broker), it means if you win a trade at DE then loser is another trader (not the Daweda Exchange) and vice versa. On the other hand, if you win a trade at a binary options broker, then the loser is broker, that’s where a conflict of interest arises. Because of this conflict of interest, binary brokers create such a trading environment where no one could make money easily.
In contrast to binary options brokers, DE offers trading environment which is ideal for making money through binary options. For example, it offers up to 100% rate of return on winning trades unlike binary brokers where average return is just 75%. Similarly, DE offers generous cash back rebates which is incomparable with binary brokers. DE also offers an automated trading system which can automatically place binary trades in your trading account. The automated trading system can work on custom strategies; it means you can choose your own strategy for automated trading.
Now the question arises, what’s the source of earning for Daweda Exchange? Yes, that’s a legitimate question and the answer is that DE makes money by charging a flat fee of $0.50 per contract. For example if two binary traders trade a contract with each other, then a total fee of $1 goes to the Daweda Exchange.
Below are some key features of trading binary contracts with Daweda Exchange;
Daweda Exchange is a fully licensed and regulated company. It is regulated by the Cyprus Security & Exchange Commission (CySec) under license number 289/16. It also meets the standards of Markets in Financial Instruments Directive (MiFID) as well as International Payment Card Industry (PCI).
Daweda Exchange offers binary trading in a limited number of assets unlike binary options brokers who offer a comprehensive range of assets. Traders at DE can trade currencies, commodities, stock and indices. Similarly, the choice of expiry timing is also limited at DE as compared to binary brokers.
Traders can use a number of payment methods for deposits and withdrawals at Daweda Exchange. The available payment methods include credit cards, debit cards, Skrill, Payoneer, Webmoney and bank transfers. The exchange allows withdrawal via the same payment method which is used for making deposits; this is one of requirements from the regulatory authority to comply with anti-money laundering laws.
Daweda Exchange offers professional customer support round the clock – seven days a week and 24 hours a day. The support is available via email, telephone and live chat. The customer support representatives at DE are very polite, professional and cooperative.
By eliminating broker from the equation, Daweda Exchange has successfully solved the problem of conflict of interest in binary options trading. It offers incomparable 100% rate of return on successful trades which is in addition to cash back rebates, automated trading system and numerous other incentives.