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Leverate Releases Binary Options Platform BX8

Leverate, the well-know provider of software solutions for the Forex sector, has just released BX8 – a platform for trading binary options. Brokers can now make use of the innovative solution, which does not simply promise user-friendly experience with this rather popular trading instruments, but also a raft of other perks for both traders and brokers. 


The platform 

For openers, the new platform makes it possible to combine binary options trading and social trading, so that one can copy the signals about binary options of more experienced traders. This is truly innovative. In addition, there is the functionality which allows traders to profit from trading with digital currencies, including the infamous Bitcoin. 
Regarding brokers, they can benefit from the platform's integration with LXCRM, the customer management tool. 

The rationale for the platform launch

The move comes as no surprise to us as Leverate is amid the Forex software developers that have impressed us most with their boldness to reach out to new technology areas. Over the past year the company has beefed up LXFeed, its ultra-fast and precise data feed, and has managed to turn its Sirix platform into a real community, uniting the clients of various brokers. 
Moreover, the move comes as FX brokers have been increasingly seeking to offer binary options to their clients, with the latest ones to jump on the wagon being FXDD and AAAFX. 
The release of the platform is also in tune with Leverate's plans to expand internationally. As you know, the company opened an office in Hong Kong in January 2013 – a move that targets the booming online trading market not only on the island but also in China. And China is a hotspot for binary options trading for various reasons – the ban on gambling does not cover binary options, and the use of Internet for trading purposes in the country is growing.
And, more importantly for the point of view we are presenting here, Leverate is boosting its footprint in Japan: in June, the company announced the opening of an office in Tokyo. Apart from a major Forex market, Japan has been a well-established market for binary options trading. Although the regulators put the breaks on the market in November 2012, the new regulatory framework is now in place and providers of binary options solutions are already making use of the ripe business environment. 
Obviously, the company scored big time with BX8 – we now await the first client to sign up for the platform.

About Leverate

Leverate is the vanguard of broker solutions technology and services empowering Forex brokers and financial institutions with the tools to increase conversions, minimize risk and reach new markets. Leverate’s cutting-edge solutions, powered by breakthrough technology, provide market players a comprehensive suite of products to operate the most successful and competitive brokerages in the Forex industry.
TAGS: leverate  forex software  leverate forex  leverate binary options  leverate bx8  binary options platform  bx8 platform  binary options trading  new products 

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