Alpari Ru, the retail Forex broker servicing traders in Russia and CIS, has announced it is enhancing trading conditions for binary options platform OptionTrader. From May 11, 2015, fx.option accounts can be opened with smaller initial deposits.
Under the new terms, a trader needs as little as USD 50/EUR 50/RUB 2,500 to set up a live account for OptionTrader. The sum is two times smaller than the one previously required to open an account for the platform.
The improvement of the trading conditions for OptionTrader comes along with the rollout of a new platform for binary options trading by Alpari Ru. The name of the new solution is BinaryTrader, with the service resembling OptionTrader a great deal – traders used to the old program will hardly have any trouble trading on the new platform. For those devoted to the “old” platform, however, it will remain accessible.
The new platform enables trading with four types of binary options: High/Low, One Touch, Range High/Low and Spread High/Low. The list of underlying assets includes 17 currency pairs and 2 spot metals. Alike OptionTrader, BinaryTrader is web-based, so investors can trade from their computer browser.
To use the new platform, a trader needs an alpari.binary account. There is no requirement for the minimum initial deposit but it is good to know that the minimum investment per trade is USD 5. Expiration times vary from 60 seconds to one day, with trading available from 00:00 on Monday to 23:59 on Friday (EET).
The launch of the new platform, along with the improvement of trading conditions on OptionTrader, signifies the importance of binary options offering to Alpari. It will be interesting to see whether the clients of the broker will prefer the old or the new solution. It could be, given the popularity of this trading instruments in Russia, that both platforms will find their fans.
To learn more about BinaryTrader, click here.
For more information about OptionTrader, click here.