As synergies between technology companies are becoming the new normal, the latest partnership between these two developers will introduce a proven product across a different class of trading instruments.
A new dimension of signal providers is set to emerge as social trading makes it way to the binary options space, with ZuluTrade – operator of its proprietary social Trading Platform under its brand name – bringing its solution to SpotOption – which provides binary options technology and trading solutions to an extensive list of binary options brokerages.
Earlier in April Forex Magnates wrote about the ZuluTrade platform -which connects traders to follow algorithmically ranked traders by their performance - from a vast social network of traders. The company was one of the early pioneers of social trading as it just started emerging nearly a decade ago, and the firm's CEO is a frequent contributor to Forex Magnates Experts section.
This autotrading service that ZuluTrade provides will be integrated with the SpotOption platform, in an exclusive partnership, and the synergy will allow users to select traders to follow, as well as trading experts to build automated strategies on binary options, by using ZuluTrade’s unique Zulu Scripts feature, according to the press release that was first shared with Forex Magnates.
Trading Signals for SpotOption's Binary Options Brokers' Clients
The added value for SpotOptions’s end-users is the ability to diversify their binary options trading and/or automate it to a large degree, while following traders within the social network and to emulate their executions within their own accounts.
As the trend of social trading continues to gain traction, the deal just announced highlights the expected and/or existing demand that binary options traders have with a social trading product if it were available to them.
Commenting in the official press release, Leon Yohai, Founder and CEO of ZuluTrade, shared, “We are very excited to introduce binary options to the ZuluTrade community, by collaborating with the industry’s top platform provider, SpotOption.”
Mr. Yohai further explained, “This is a great opportunity for all SpotOption white labels, as they can easily integrate with ZuluTrade and take advantage of the various benefits of ZuluTrade’s unique trading technology. There is a tremendous interest by most white labels and the final product will fulfill all expectations.”
SpotOption is a significant channel to deploy a product like this, with some 200 white labels mentioned in the press release, and a self-proclaimed market share of some two-thirds of the binary options space. As the ZuluTrade solution will be integrated into SpotOptions' main platform offering and thus rolled out to a large number of its brokerages via its technology infrastructure, the mutual benefits of the synergy could be further realized. Nearly a week ago Forex Magnates' reporters conducted an overview of SpotOption's trading platform.
Tammy Levy, Director of Marketing at SpotOption, explained in the joint announcement, “ZuluTrade is one of the most advanced and innovative social trading providers world-wide. Having ZuluTrade integrated with our platform is a breakthrough for the market of Binary Options. The unique social trading expertise of ZuluTrade with the simple and easy to understand nature of Binary Options, is a powerful combination that is expected to be extremely beneficial for everyone, especially the traders.”
SpotOption provides what it describes as unique features that give binary options a dynamic twist, such as its One Touch, Simple Forex, SpotWiz algo trading, Ladder and other available tools, including its mobile app. The company offers its solution as a turnkey complete solution or as stand-alone components, or can be integrated via API into a brokers own GUI and back and middle-office systems.
A new dimension of signal providers is set to emerge as social trading makes it way to the binary options space, with ZuluTrade – operator of its proprietary social Trading Platform under its brand name – bringing its solution to SpotOption – which provides binary options technology and trading solutions to an extensive list of binary options brokerages.
Earlier in April Forex Magnates wrote about the ZuluTrade platform -which connects traders to follow algorithmically ranked traders by their performance - from a vast social network of traders. The company was one of the early pioneers of social trading as it just started emerging nearly a decade ago, and the firm's CEO is a frequent contributor to Forex Magnates Experts section.
This autotrading service that ZuluTrade provides will be integrated with the SpotOption platform, in an exclusive partnership, and the synergy will allow users to select traders to follow, as well as trading experts to build automated strategies on binary options, by using ZuluTrade’s unique Zulu Scripts feature, according to the press release that was first shared with Forex Magnates.
Trading Signals for SpotOption's Binary Options Brokers' Clients
The added value for SpotOptions’s end-users is the ability to diversify their binary options trading and/or automate it to a large degree, while following traders within the social network and to emulate their executions within their own accounts.
As the trend of social trading continues to gain traction, the deal just announced highlights the expected and/or existing demand that binary options traders have with a social trading product if it were available to them.
Commenting in the official press release, Leon Yohai, Founder and CEO of ZuluTrade, shared, “We are very excited to introduce binary options to the ZuluTrade community, by collaborating with the industry’s top platform provider, SpotOption.”
Mr. Yohai further explained, “This is a great opportunity for all SpotOption white labels, as they can easily integrate with ZuluTrade and take advantage of the various benefits of ZuluTrade’s unique trading technology. There is a tremendous interest by most white labels and the final product will fulfill all expectations.”
SpotOption is a significant channel to deploy a product like this, with some 200 white labels mentioned in the press release, and a self-proclaimed market share of some two-thirds of the binary options space. As the ZuluTrade solution will be integrated into SpotOptions' main platform offering and thus rolled out to a large number of its brokerages via its technology infrastructure, the mutual benefits of the synergy could be further realized. Nearly a week ago Forex Magnates' reporters conducted an overview of SpotOption's trading platform.
Tammy Levy, Director of Marketing at SpotOption, explained in the joint announcement, “ZuluTrade is one of the most advanced and innovative social trading providers world-wide. Having ZuluTrade integrated with our platform is a breakthrough for the market of Binary Options. The unique social trading expertise of ZuluTrade with the simple and easy to understand nature of Binary Options, is a powerful combination that is expected to be extremely beneficial for everyone, especially the traders.”
SpotOption provides what it describes as unique features that give binary options a dynamic twist, such as its One Touch, Simple Forex, SpotWiz algo trading, Ladder and other available tools, including its mobile app. The company offers its solution as a turnkey complete solution or as stand-alone components, or can be integrated via API into a brokers own GUI and back and middle-office systems.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Finance Magnates Annual Awards 2024 | FM Awards 2024 Highlights
Finance Magnates Annual Awards 2024 | FM Awards 2024 Highlights
🎥Catch the best moments from the Finance Magnates Annual Awards Gala Dinner!
An evening where top names in finance came together to celebrate achievements, enjoy live music, and connect over a memorable dinner. Watch the highlights and feel the energy of our first gala in Cyprus!
Congratulations to all the winners for their dedication to excellence and leadership in the financial industry, including XM, Trading PRO, FP Markets, Deriv, FxPro, LATAM, Headway, ATFX, FBS, AMEGA, EC Markets, Axi
For more information about the 1st Finance Magnates Annual Awards, visit https://bit.ly/3Zb7wNz
#FinanceMagnatesGala #IndustryExcellence #GalaHighlights #FinanceMagnatesAnnualAwards #FinanceMagnatesAwards #CelebratingSuccess #FinanceCommunity
🎥Catch the best moments from the Finance Magnates Annual Awards Gala Dinner!
An evening where top names in finance came together to celebrate achievements, enjoy live music, and connect over a memorable dinner. Watch the highlights and feel the energy of our first gala in Cyprus!
Congratulations to all the winners for their dedication to excellence and leadership in the financial industry, including XM, Trading PRO, FP Markets, Deriv, FxPro, LATAM, Headway, ATFX, FBS, AMEGA, EC Markets, Axi
For more information about the 1st Finance Magnates Annual Awards, visit https://bit.ly/3Zb7wNz
#FinanceMagnatesGala #IndustryExcellence #GalaHighlights #FinanceMagnatesAnnualAwards #FinanceMagnatesAwards #CelebratingSuccess #FinanceCommunity
FMLS:24 | Shaping the Next Era of Financial Evolution
FMLS:24 | Shaping the Next Era of Financial Evolution
Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech, and digital assets come together!
Join over 2,500 industry professionals, engage with 150+ expert speakers, and discover endless opportunities with 70+ top exhibitors. FMLS:24 is where senior executives and decision-makers gather to close deals, forge new partnerships, and strengthen connections with long-term clients.
Whether you’re in finance, technology, or payments, this summit is your gateway to future growth, meaningful collaborations, and industry-leading insights.
👉 Don't miss out – secure your ticket now at https://events.financemagnates.com/ZQEYy0?utm_source=youtube&utm_campaign=fmls24-awareness&utm_medium=video&RefId=MLS%3A24+Video+Promo
#fmls #fmls24 #fmevents #financemagnates #forex #payments #crypto #events #london #fintech #ai #generativeai #technology #onlinetrading #forex #investing #investors #tech
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
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Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech, and digital assets come together!
Join over 2,500 industry professionals, engage with 150+ expert speakers, and discover endless opportunities with 70+ top exhibitors. FMLS:24 is where senior executives and decision-makers gather to close deals, forge new partnerships, and strengthen connections with long-term clients.
Whether you’re in finance, technology, or payments, this summit is your gateway to future growth, meaningful collaborations, and industry-leading insights.
👉 Don't miss out – secure your ticket now at https://events.financemagnates.com/ZQEYy0?utm_source=youtube&utm_campaign=fmls24-awareness&utm_medium=video&RefId=MLS%3A24+Video+Promo
#fmls #fmls24 #fmevents #financemagnates #forex #payments #crypto #events #london #fintech #ai #generativeai #technology #onlinetrading #forex #investing #investors #tech
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
📸 Instagram: https://www.instagram.com/fmevents_official
🐦 Twitter: https://twitter.com/F_M_events
🎥 TikTok: https://www.tiktok.com/@fmevents_official
▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official
Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!