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The SpotOption binary options trading platform provider announced the launch of a new trading product – CFDs and the MT4 plugin.
The CFD platform of SpotOption provides trading in contracts for difference on stocks, commodities, currencies, indices on major global markets, with flexible leverages, no shorting rules or borrowing stocks, and professional executions with guaranteed stop-loss and take-profit.
According to the company, the CFD platform has been developed to comply with European regulatory standards. The platform is user friendly and customizable and offers various levels of leverage. It also features guaranteed execution of stop-loss and take-profit orders.
The other new product of SpotOption – the MT4 plugin, allows operators of the MetaTrader 4 trading platform to directly integrate SpotOption’s binary options solution into the platform.
Through the plugin, traders can use their existent accounts to trade in binary options and deposit and withdraw funds. The MT4 expert advisor for MT4 is also available, plus numerous indicators and oscillators for binary trading.
“Our ongoing mission is to position our labels as industry trend-setters and leaders,” said David Ripstein, CEO of SpotOption. “We have great expectations from the expansion of our technological offerings, and have already witnessed the demand for implementation by existing and new clients. SpotOption will continue to strive to remain at the forefront of the FinTech revolution. ”
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.