SpotOption Launches Mobile Trading Platform for Binary Options

Binary Options white label Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term provider SpotOption have unveiled the industry's first integrated trading platform for mobile devices. The mobile application is currently available for the iPhone and iPad and is available via iTunes as a free download.

Functionality includes an account overview showing balance and previous trades, graphs, and the ability to deposit funds as well as full trading facilities.

Just over a year ago, 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 Magnates reported that SpotOption had made their initial foray into the mobile trading sector by launching smartphone platforms for the iPhone and Android operating systems. Unlike the previous HTML5 cross platform application, this new release has been built specifically for the iOS environment.

More recently, in October 2012, MarketsPulse unveiled their HTML5 based mobile platform for binary options trading, which was in use with 20% of their client base by the end of quarter 3 of 2012.

These original versions were based on HTML5, however this new release is the first binary options trading application which has been created specifically for the iOS environment.

To launch the product, SpotOption have entered into a venture with OptionRally, which is the first white label to offer the mobile trading platform to its clients. Through this platform, OptionRally will have the advantage of offering any time, anywhere trading to its clients, which is a facility not offered by rivals as yet.

"We are thrilled to be the first binary options platform to execute the mobile application and we are looking forward to seeing the results OptionRally is sure to bring" says Pini Peter, CEO of SpotOption Ltd. "We are committed to providing convenient and superior technology, and as a majority of traders want fast and accessible trading, we believe that the iPhone application is the wave of the future".

Binary Options by nature is a fast method of trading, and therefore by adding further accessibility to this market segment in the form of availability on mobile devices and dedicated platforms built around mobile trading should increase the volumes significantly as others follow suit, especially once the software gains universal availability by being rolled out to other SpotOptions white label platforms.