HotForex.com, a brand name of HF Markets (Europe) Ltd, has responded to calls by its customers to offer them the opportunity to trade binary options, alongside or instead of forex products that it was offering so far. In order to satisfy the demand for binary options trading, the company decided to launch a new website under the name OptionTrade.com through the Cyprus Investment Firm status that it has gained back in early 2013 from the Cyprus regulatory body, the Cyprus Securities and Exchange Commission.
Operating within the terms of its licence by CySEC, HF Markets is able to offer its existing and potential customers an EU regulated binary options brokerage and therefore can add itself to the growing list of forex providers who decide to come in line with the new trend and diversify their offering in order to capitalise on the increased demand for binary trading products.
The new website, OptionsTrade.com, aims to please those looking for a reliable online binary options brokerage and therefore includes a comprehensive list of over 200 tradable assets, while it also enables clients to choose between different contract types of varying durations as well as a cross pair options where two assets are placed against each other. We should also point out that the platform used is powered by SpotOption.
What drew our attention to this new entry into the binary options world is that it signifies the commitment of a previous forex trading provider, to evolve and expand into binary options trading. HF Markets and its HotForex brand can be claimed to be as reliable and successful. Indeed sources from inside the company boast of increasing staff numbers, increasing trade numbers and volumes and healthy profits being generated. So if past and current performance is anything to go by, then perhaps OptionTrade.com is worth a chance to become your preferred binary options brokerage, since it has a lot going for it from the onset.
Also the parent company is to be commended for being responsive to customers’ desires and wishes and for acting quickly, but also transparently and reliably and through a properly licenced entity, in order to fill the gap and set up the necessary venue for binary options traders to trade in.
George Milios is the founder of onlineforextrading.net, the binary options and forex news portal which is dedicated to providing you with all the information you need to successfully trade.