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TradeTools FX Introduces FX LITE Binary Options Manager

TradeTools FX, the Chicago-headquartered developer of software solutions for the Forex sector, has announced the launch of FX LITE Binary Options Manager – a risk-management tool for brokers willing to integrate binary options trading on the Metatrader 4 (MT4) platform. The technological solution gives brokers full control over the pricing of instruments, paves the way for reporting in real time, and, more importantly, allows brokers to set trading parameters, including expiry times, for example. The brokers will also be able to set their own custom parameters for trading, using group or universal settings – hence some automatic pricing models will come into play and will reduce risks even further.

 
Obviously, the software company is seeking to harness several trends: the growing interest from traders into binary options; the established robust reputation and popularity of Metatrader 4; as well as the hardships that many brokers encounter when they try to integrate binary options on MT4. 
 
The risk-management terminal is a part of the FX LITE suite of products – FX LITE, as some you may know, is a platform for trading Forex and binary options: brokers may use it as a standalone platform or integrate it with the MT4. FX LITE, itself, is a part of the TTFX Freedom lineup, which includes products like the MT4 Freedom Bridge, a liquidity bridge for the popular platform which the company launched in July and which (may be because it's free of charge) has been gaining popularity.
 
Of course, the FX Lite solutions bring advantages not only for brokers but also to traders who can trade binary options amid a raft of other instruments on the well-known MT4 platform. Speculation is growing over the emergence of expert advisors which will trade not only Forex but also binary options. 
 
In case you'd like to know more of this product, you may visit the corporate website or talk to representatives of TTFX in person at the coming Forex Industry Conference (FXIC) in Santiago, Chile, on December 3, 2013. The software developer promises live demonstrations of FX LITE.
TAGS: tradetools fx  ttfx  binary options  forex software  metatrader 4  mt4  forex platform  forex risk management  fx lite  ttfx freedom  fx lite binary options manager 
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