SpotOption Binary Options Brokers

Founded in 2008, SpotOption is a financial software company that had managed to become one of the leading providers of binary options trading platform for many of the binary options brokers around today. The company was set up in view of the market opportunity which arose as a result of the Options Clearing Corporation (OCC) rule change and Securities and Exchange Commission (SEC) approval for the listing and trading of binary options. The SpotOption’s binary options trading platform is also one of the first trading platform to receive an official endorsement from the Cyprus Securities Exchange Commission (CySEC).

The Trading Platform 

One of the main factors which contributed to SpotOption’s popularity is the fact that it’s an extremely flexible trading platform. Despite numerous brands operating with the SpotOption trading platform, the majority of them had managed to look unique while craving out their own individuality among the deluge of binary options brokers online.

In addition to being flexible, the SpotOption’s trading platform is also scalable according the user’s requirements. With the “FastTrader” mode, users have the benefit of a light and fast platform with the bare essentials. The “ProTrader” mode is a more complete version of the former with all the bells and whistles loaded.

However, what makes SpotOption truly popular among the brokers is the fact that SpotOption is willing to work together with the end users to make everyone happy. It is not often that you get a leading vendor who is willing to go through the extreme to make the customer satisfied. In other words, SpotOption is very price competitive without compromising on the quality of their services.

Trader’s Point Of View

As a trader, you would want your broker to provide a trading platform that is fast, efficient but yet uncomplicated. This is what SpotOption’s software designers have managed to accomplished. In the majority of cases, you will find that a trading transaction can be completed with less than three (3) clicks of the mouse. This is the extent of simplicity that the SpotOption trading platform had managed to accomplish for the traders.

Room For Further Improvements

Despite the many advantages that the SpotOption trading platform has, there is still room for further improvement with the trading platform. For example, the trading platform can improve on its integration with the news providers, chart providers and other streams of data that can assist the traders with their investment decisions. Currently, with the way the trading platform is, it is geared more towards novices and intermediate level traders who want an uncomplicated trading platform to use.

Nevertheless, SpotOption’s trading platform is no doubt one of the most heavily adopted trading engines to power numerous leading binary options brokers like:

  • Banc De Binary
  • TradeRush
  • iOption
  • TraderXP
  • Empireoption
  • VIP Binary

If there is any doubt about the reliability of SpotOption’s technologies, one only need to look at the fact that even some leading Forex Brokers like alpari, IronFX and FXCC are also adopting their technologies.

Other Solutions

Apart from being a leading brand for binary options trading platform, SpotOption also provide their clients with other additional solutions for their binary options trading business. Some of these include:

  • Content Management System
  • Customer Relations Management (CRM)
  • Payment Solution Integration
  • Risk Management Solution

To find out more about these additional solutions, any interested parties can liaise directly with the company through their website.

VN:F [1.9.22_1171]
Rating: 3.0/5 (6 votes cast)
SpotOption, 3.0 out of 5 based on 6 ratings