SpotOption Launces New Features

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SpotOption Launches Mobile Trading Platform for Binary Options

Binary Options white label trading platform provider SpotOption have unveiled the industry’s first integrated trading platform for mobile devices. The

Binary Options white label trading platform provider SpotOption have unveiled the industry’s first integrated trading platform for mobile devices. The mobile application is currently available for the iPhone and iPad and is available via iTunes as a free download.

Functionality includes an account overview showing balance and previous trades, graphs, and the ability to deposit funds as well as full trading facilities.

Just over a year ago, Forex Magnates reported that SpotOption had made their initial foray into the mobile trading sector by launching smartphone platforms for the iPhone and Android operating systems. Unlike the previous HTML5 cross platform application, this new release has been built specifically for the iOS environment.

More recently, in October 2020, MarketsPulse unveiled their HTML5 based mobile platform for binary options trading, which was in use with 20% of their client base by the end of quarter 3 of 2020.

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These original versions were based on HTML5, however this new release is the first binary options trading application which has been created specifically for the iOS environment.

Pini Peter
CEO, SpotOption

To launch the product, SpotOption have entered into a venture with OptionRally, which is the first white label to offer the mobile trading platform to its clients. Through this platform, OptionRally will have the advantage of offering any time, anywhere trading to its clients, which is a facility not offered by rivals as yet.

“We are thrilled to be the first binary options platform to execute the mobile application and we are looking forward to seeing the results OptionRally is sure to bring” says Pini Peter, CEO of SpotOption Ltd. “We are committed to providing convenient and superior technology, and as a majority of traders want fast and accessible trading, we believe that the iPhone application is the wave of the future”.

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Binary Options by nature is a fast method of trading, and therefore by adding further accessibility to this market segment in the form of availability on mobile devices and dedicated platforms built around mobile trading should increase the volumes significantly as others follow suit, especially once the software gains universal availability by being rolled out to other SpotOptions white label platforms.

SpotOption Launches Binary Options MT4 Plug-In

SpotOption launched their first ever Binary Options MT4 plug-in, which can be used with their famous platforms. SpotOption is one of the leading software providers for binary options trading and this release will only add to stabilizing their position as one of the top service provider in the industry.

SpotOption announced the launch of this new plug-in at Cyprus IFX Expo, an event in which SpotOption was the major sponsor. They acclaimed that the new plug-in was tested and also officially used in a few of their white labels, who are responsible for licensing the SpotOption’s trading platform for Binary Options.

Features of the new plug-in

The new plug-in will provide users with a host of never-before-seen options, which will maximize the trading options for the SpotOption’s users. It will automatically include the binary options trading with the MT4 platform, provided to the traders by forex operators. Integration is also pretty simple and straightforward. It just takes a single download from both the trader and operator’s side. This will make the increasingly popular binary options trading method available to the trader also.

The new plug-in also comes with a form called as the webtrader form, which will facilitate trading from any point where internet access is available. You don’t have to worry about the updates between your desktop platform and the webtrader form. The balance will be automatically synchronized and you will have the same figures on both the desktop-based platform and the webtrader the next time you login.

Spot on time

SpotOption also seems to have got their timing spot on with the release. CySEC had recently announced that binary options trading is being officially considered as one of the financial instruments. SpotOption also had the reputation of being the foremost company to be granted a license as the market makers offering a binary options trading tool.

The move by the company will facilitate the smooth processing of binary options trading. Also, forex operators can easily explain their offerings to potential customers and also make them understand the value of binary options trading. They will also help traders in maximizing their revenues via cross-trading and expanding their database.

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