ActForex will now offer integrated Binary Options in its platform

Binary Options market is developing quite nicely lately with about 50-60 brands using software solutions from 5-6 development firms now live and looking to make a quick buck in this relatively new and unexploited market. For now new operators would have to turn to binary options software development firms who provided a complete solution for binaries, but not for Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term. If they also wanted to offer forex they'd have to do quite a lot of customization for their offering and CRMs.

ActForex who tails MetaQuotes in terms of market share was always the more progressive forex software firm in terms of its technological offerings. Now it decided to tap into the binaries market and offer a complete forex and binary solution for brands looking to offer both products.

The binary options market, along with available software options, market leaders, income and volume levels and much more, will be extensively covered in the next Forex Magnates Quarterly Report due in October 2011.

New York, NY, August 30, 2011 --(PR.com)-- ActForex, the leading provider of independent retail trading platforms, today introduced ActBinary™, a Binary Options trading module, into its highly popular ActTrader™ platform. Binary Options is a simplified and very easy to understand alternate form of trading well suited for those with any level of knowledge, from beginner to pro. It perfectly fits into today’s highly volatile markets.

“Adding Binary Options into the already feature-rich ActTrader platform is an important development. Traders can use ActBinary to trade all of the financial instruments available in the platform without the steep learning curve associated with professional trading,” said ActForex CEO Ilya Sorokin. “This product’s seamless integration into the ActTrader platform gives existing customers instant access to Binary Options, and new traders all of the superior tools ActForex is known for,” he added.

Some of the ActBinary features include:

• Seamless integration into the ActTrader platform
• Traders can use the same account – no need to open a separate account
• Unlike most platforms, ActForex offers Binary Options for most financial instruments, not just Forex
• Conveniently displays current rates, mini-charts, and all pertinent information on a consolidated dashboard for faster and easier Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term
• A full variety of binary options are offered for any expiration time: from minutes to weeks
• Will be available as part of all state-of-art ActForex mobile applications

For those traders who want to take Binary Options to a professional level, ActTrader platform provides its own reporting, as well as professional charting and trading tools.

About ActForex, Inc:

ActForex, Inc. has been providing leading-edge trading technology solutions for a multitude of FCMs, Forex Brokers, Broker/Dealers, Introducing Brokers and Money Managers worldwide since 2000. ActTrader, ActBinary, and the ActForex logo are trademarks of ActForex, Inc. ActForex is a registered trademark of ActForex, Inc.

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