SpotOption, the world's largest binary options platform provider, announces the embarking of the well-awaited for signals project through their exclusive partnership with copy-trading website ZuluTrade.
The collaboration gives traders who trade on the website of SpotOption's white labels the ability to share their strategies with other traders in the social environment via ZuluScripts. ZuluScripts is ZuluTrade's proprietary tool which allows traders to create automated binary strategies. Therefore, both forex and binary traders can log onto ZuluTrade's website, and follow the top traders in the SpotOption system.
Traders who trade on one of SpotOption's labels can simply choose the other traders that they wish to follow based on their ROI and win percentage, and they can instantly convert their advice into live trades. Traders can also control their risk through ZuluGuard, ZuluTrade's capital protection tool with allows traders to set limits on how much they can lose from a single trade or from a single signal provider, and also set limits on how many trades they can open simultaneously.
SpotOption's white labels will enjoy retention benefits from this collaboration, such as longer trader lifetime, higher trading volumes and conversion rates, etc. They can be part of the social sensation, which has taken forex by storm.
"We're very excited about going live with this partnership, after a period of extensive testing," says Ran Amiran, CEO of SpotOption. "ZuluTrade's leading algorithm technology will give our white labels the ability to offer their traders expert-level transactions without having to analyze the market, and eliminates their need to be online for making transactions."
"The power of binary options is their simplicity," says Tammy Levy, Director of Marketing at Spotoption. "Our partnership with ZuluTrade is another step we've taken as part of our ongoing effort to provide the mainstream and amateur market with the simplest, and best trading experience ever."