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Lionstone to Release BinaryStation Platform

Many of us consider Forex expos as chances for brokers to showcase and pump some extra money into marketing, but they are much more than that as often they are stages for the presentation of new products. The iFX Expo Asia in Macao (January 21-23, 2014), for instance, will see the presentation of a new binary options trading service from Lionstone Investment Services, a Russian Forex broker.


The broker promises to showcase BinaryStation, a new trading platform for binary options developed in collaboration with software experts Binaryware. The company says we'll see a next-generation platform with a rich variety of functionalities. Amid the advantages of the new service is its integration with Metatrader 4, which will enable traders to make use of binary options and Forex in the same environment. The apps for mobile gadgets like iPhone and Android-based devices are also on their way.


While the broker promises that the new product will soon be available to all of its clients, it's worth noting that the broker already boasts a binary options service. Moreover, Lionstone claims that it's the first Forex broker to have introduced binary options trading in Russia as early as in 2010. The website of the company depicts a binary options service for the MT4 platform, offering a range of such instruments. The high/low options, for instance, have expiry times of between a minute and an hour. 


Apparently, Lionstone is aiming to push ahead in a quickly growing segment of online trading by launching a standalone platform for binary options trading. This is a move that brokers like Alpari have already undertaken in order to harness the increased interest in an instrument that offers a relatively easy way to trade. 


On the downside, we know little of Lionstone Investments. In fact, the first time we heard of it was when it joined the Financial Commission, a new body for solving disputes in the Forex sector which emerged last year in Hong Kong in September 2013. At this point, this is the only form of regulation that the broker can offer to prove its credibility.  

TAGS: lionstone  lionstone forex broker  lionstone binary options  binary options trading  binarystation  binary station  platform  online trading  binary options  binary options trading  ifx expo asia 
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