Binary options platform provider SpotOption announced the launch of a new MetaTrader 4 plug-in, as well as a new CFD trading platform. The plug-in allows binary options trading on the most popular forex trading platform, MT4.
User-friendly and highly customizable, SpotOption’s CFD platform provides access to a variety of markets including stocks, commodities, currencies, and indices on global financial markets. It offers guaranteed execution of stop-loss and take-profit orders and flexible leverage levels as some of the risk management tools.
As regards the broker’s other new offering, the MT4 plugin, it enables operators of the MetaTrader 4 to directly integrate SpotOption’s binary options solution into the platform.Through the plugin, traders can use their existing MT4 accounts to trade in binary option.
“Our ongoing mission is to position our labels as industry trend-setters and leaders,” noted David Ripstein, SpotOption’s CEO. “We have great expectations from the expansion of our technological offerings, and have already witnessed the demand for implementation by existing and new clients. SpotOption will continue to strive to remain at the forefront of the FinTech revolution,” he added.
Founded in 2010, SpotOption is the first ever regulated binary options broker. Its market maker branch SpotOption is regulated by the Cyprus Securities and Exchange Commission (CySEC). The company is headquartered in Israel and also has offices in Cyprus and Hong Kong. Earlier this year SpotOption opened a sales office in London.
SpotOption has more than 300 partners, holding about 65% of the binaries trading market in North America, Europe, Asia and the Middle East. In fact, it provides binary options trading solutions to some of the largest brokerages in the online industry, such as Banc de Binary, Banc de Swiss, FXDD, RoboForex, etc.