The SpotOption binary options trading platform provider announced it has opened an office in the UK, the Royal Exchange in London. It is a sales and clients services office, employs about 10 people and will be focusing on servicing clients in EU.
According to its statement, the company hopes that the new office will attract new clients, much like the success of its “shop front” in Hong Kong, which drove its thriving sales in the Asian region.
“Our London office was the necessary step in SpotOption’s realization of our vision – to expand globally and bring regulated trading to the masses,” says Pini Peter, founder of SpotOption. “However, giving the best service possible to our clients is our first priority, and we are privileged to open this London office to achieve this for our European operators.”
SpotOption was established in 2010. The compant is headquartered in Israel and also has offices in Cyprus and Hong Kong. SpotOption, along with its market maker branch SpotOption Exchange, is regulated by the Cyprus Securities and Exchange Commission (CySEC). The company offers solutions for trading in One Touch, 60 Seconds, Option Builder, Algo Trading, Ladder binary options. It also provides a mobile trading application, which has garnered more than 5 million downloads this past February.
It has more than 300 partners, holding about 65% of the binaries trading market in North America, Europe, Asia and the Middle East. SpotOption provides binary options trading technology to some of the largest brokerages in the online industry, such as Banc de Binary, Banc de Swisse, Itrader, OptionWeb, InteractiveOption, AAAFX, FXDD, RoboForex, etc.