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Binary Options Now Available on X Open Hub Trading Platform

X Open Hub, the company bearing the new name of UK-based software developer X Financial Solutions, has just announced the addition of binary options to its line-up of products. The trading instruments will be available thanks to a new solution that will be a part of the X Open Hub suite – xBinaries. 

 
The new solution allows Forex brokers which are clients of X Open Hub to offer their clients a truly comprehensive trading platform. In fact, with the additions of binary options, XOH becomes the first trading platform to integrate all online trading niches: Forex, CFDs, social trading and binary options. Amid the perks for the users of the beefed up solution is that it will permit trading from one account into one place, without all the unnecessary burden related to heavy loads of various data, different accounts and switching among several platforms.
 
xBinaries will be an integrated part of the XOH platform, which also lowers the costs for brokers as they will be spared from some substantial financial expenses for extra plug-ins, bridges, etc. And, of course, the potential for technical complications is brought under control. This is not the end of good news as clients of XOH may also make use of the other products in the suite, including wlCreator, the tool that makes white-label partnerships fast and easy to clinch. This means that once a company decides to white label XOH, it will take just several minutes of its time to complete the technological part of the procedure. Then, it can offer its clients this multi-facet solution.
 
 
Regarding xBinaries itself, let's note that it offers binary options on a variety of assets, including Forex and CFDs. The expiration times vary from five minutes to one hour, which is interesting to note, as the solution obviously shuns aggressive trading with binary options with very short expiration times (e.g., 60 seconds). As the latter are prohibited in Japan, xBinaries will be in tune with Japanese regulations. 
 
For the time being, xBinaries is in its Beta phase, so anyone wishing to get an idea of the new product should apply for a demo account on the designated website. Jakub Zablocki, XOH's managing director, promised that the product would be live and operating at its full-blown capacity in February 2014.
 

About X Open Hub Limited

 
X Open Hub Limited bears the name of an open trading environment to the Forex and CFD industry. It offers brokers and tech businesses to develop and market proprietary trading products.
The company's staff include more than 100 professionals responsible for product development and broker partner support. X Open Hub is headquartered in London and its operations and technology centre is located in Warsaw, Poland.
TAGS: x open hub  x open hub forex  xbinaries  binary options  forex software  new forex products  forex trading  binary options trading  xoh  web platform  forex platform  bianry option platform 
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