Binary options Trading platforms: standard solution or self-development?

Most binary options brokers access a standard solution from well-known vendors, while others rely on self-development. There is no general answer to the question of how a good platform should look or function. pop over to this site see Each trader has his personal preferences, so it is always a matter of taste, for which trading platform you choose.

Standard solutions and their advantages and disadvantages

SpotOption

The SpotOption trading platform is probably the most popular software for trading binary options and is used by many well-known brokers like BDSwiss, 10trade or Banc de Binary.

The company itself was founded in 2009 in Cyprus. Thanks to outstanding programmers, designers and developers, the platform technology was awarded the “Best Binary Option Platform Provider” award in 2012 and the “Best Binary Solution” award from EGR White Label Partner and Forex Magnates in as click over here now 2013.

The trading platform offers high functionality, reliability and stability. As a rule, brokers using the SpotOption platform offer an above-average number of underlyings for trading. In addition, call options and put options, one-touch options and 60-second options are available in the basic version. At the broker’s request, however, the selection can be extended by other types of trade. will watch this video

The many additional features of SpotOption are also of advantage:

TechFinancials

The trading platform of TechFinancials is also one of the most popular and popular platforms used by many brokers such as 24option or OptionFair. The company was founded in Cyprus in 2009.

A highlight of the platform is that a lot of different types of trade can be offered here. In addition to classic call and put as well as one-touch options and the 60-second and you can look here options, there are also the range or ladder options, which are becoming increasingly popular in the binary trading market. In addition, the software convinces with a good chart offer. The early-closeer function can also be made available to traders.

The disadvantage, however, is that brokers with a TechFinancials platform usually offer less basic values. Nevertheless, all important stocks, indices, currencies and commodity are available. Since most traders focus on the most important because discover here underlyings anyway, the selection is still sufficient.

TRADOLOGIC

TRADOLOGIC is the third in the league and therefore belongs to the most well-known suppliers. The company was founded in 2008 in Bulgaria. TRADOLOCIG now has offices in Cyprus, the learn more time UK, Russia, Israel, Japan, Hong Kong, Singapore, Shanghai and the Philippines. Known brokers such as ZoomTrader or OptionBit rely on the TRADOLOGIC software and benefit from the data feed from the renowned provider Thomson Reuters.

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Special advantages of the trading platform are uncomplicated design as well as high working and execution speeds. Furthermore, the software offers a anchor him newsfeed, which traders can benefit from the fundamental analysis.

As with SpotOption, a large number of brokers with a TRADOLOGIC platform can choose from a wide range of underlyings. The range of trade is just as wide. These include call and put options, one-touch and range options as well as turbo trade with durations between 30 and 120 seconds, as well as five minutes. The additional functions such as early closure find out more because or rollover can also be made available to the traders. In addition, the software provides a life chat for trade support.

Own developments and their advantages and disadvantages

Only a few binary options brokers run the effort and develop their own software. One of these brokers is IQ option. The company behind it Iqoption Europe Ltd. Has developed with its own development team a software, which by numerous