SpotOption makes Forex trading more accessible to the wider public

One of the leading Binary Options platform providers, namely SpotOption, has just announced the launching of a new forex platform, which claims to feature the same simplicity as the binary options platforms already offered by the company.

The binary options platforms developed by SpotOption have repeatedly gained awards for simplifying the trading experience for the average trader. Based on their platforms’ user-friendliness and self-explanatory features that have rendered the trading of binary options extremely easy to explain, understand and execute the SpotOption platforms proved extremely attractive for and popular with white labels, with 200 white labels currently using this kind of software. As a result, and due to their accessibility on a global scale, binary options trading via the SpotOption platforms is particularly appealing to the mainstream, average trader out there, as opposed to the professional traders, who are obviously a smaller group.

Based on the success and popularity of their binary options trading platforms, Spotoption have therefore decided to implement the virtues of their software to a product catering for traditional forex trading, aiming to introduce the mainstream binary options traders to a new kind of forex trading, as provided by SpotOption, rendering forex trading free of extra hassles and significantly taking away the associated element of risk, as according to SpotOption, the company “provides a guaranteed stop loss as well.”

In a relevant press release issued on 10 March 2014, SpotOption mentions that its new forex platform is built on an easy to follow user flow, whereby each trader chooses the trading leverage, which directly influences his stop loss and take profit, while he is also given buy and sell prices for chosen assets.

 

Pini Peter, the founder of SpotOption is quoted in the press release as saying that "Our developers and designers have spent the last year perfecting a product for simple forex," while he also points out that  "Our binary product is known for simplicity, and for providing the best trader experience.  We wanted to do the same for forex, to change the face of it so that the common man could trade as well.  According to the responses we've received, we've achieved it."

  • Share this post!
Posted by

George Milios

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.

SpotOption brings more automation to binary options trading

SpotOption brings more automation to binary options trading

Popular and pioneering trading platforms provider SpotOption is gearing up to address the lack of automated trading solutions when it comes to the trading of binary options. Indeed, although gaining popular...…

Published: Thursday 29 October, 2015

Launching of upgraded Binary Options platform by SpotOption

Launching of upgraded Binary Options platform by SpotOption

After its recent expansion into the booming American binary options market when in April the first introducing broker referring American traders to the Cantor Exchange went live with a …

Published: Thursday 29 October, 2015

SpotOption launches its first U.S. binary options white label

SpotOption launches its first U.S. binary options white label

Great news for American binary options traders as leading binary option platform provider SpotOption has decided to finally enter the US market through the launching of its first custom white label, Forest...…

Published: Thursday 29 October, 2015

Binary platform SpotOption expand into the Asia Pacific region

Binary platform SpotOption expand into the Asia Pacific region

Living proof of the continuing and growing popularity of binary options trading and its penetration into new markets is the fact that one of the leading binary options platform providers, namely SpotOption, has officially announced the expansion of its business operations outside of Europe throug...…

Published: Thursday 29 October, 2015