LeapRate's Daily Forex Industry Newsletter
Join now to receive first access to our EXCLUSIVE reports and updates.
Screenshot of a breaking news alert e-mail from Q2 2017
Binary options platform provider SpotOption just announced their latest platform version, Spot5, which they will reveal at the upcoming IFX EXPO in Cyprus, May 23-25.
Spot5 focuses on complying with regulation in terms of trading products, as well as offering brokers and traders automated tools for running business activity, as well as trading. Henceforth, SpotOption is revealing the autonomous approach to online brokerages, which are believed to be the future of trading.
New and improved to the product portfolio are the CFDs and Digital Contracts, both developed with simplicity and user-friendliness as main attributes. CFDs and Digital Contracts are approved trading instruments by major regulators world-wide, and are henceforth in the forefront of the new Spot5 platform.
Along with an upgraded mobile application and multi-platform solution, Spot5 focuses on providing brokerages with automation, both from an operator and trader perspective. The Spot+ automated sales, marketing, and retention system allows traders to pass on call-centers, and let technology do the work for them. With Spot+, marketing material can pass compliance checks, so operators can rest assured that no boundaries have been crossed. The automated system allows operators to grow exponentially, reduce manpower, and save time and money.
The Spot Algotrader feature was developed to provide traders with automation as well, to implement and create formulas and strategies. The Algotrader allows traders to rely on their analytical skills to form strategies, share them, or sell them. After setting the formulas, they can carry on their day as usual, while their trading automatically continues.
SpotOption has always aimed to be ahead of the trading industry needs,” says Pini Peter, Founder of SpotOption. “We’ve noted that in order to truly be a recognized and global brokerage, operators need to get regulated, and get automated. Prepared for the industry evolution, this is the driving force behind the development of the new autonomous brokerage solution.