SpotOption brings social trading to binary options

SpotFollow enables social binary trading.

One of the top players in the binary options platform space, SpotOption, has announced its latest platform addition that is about to revolutionize the industry with a ground breaking feature. Have you ever thought about binary options social trading? Well thanks to the company, it is about to become a reality – SpotFollow aims at connecting traders and allowing them to copy from the best.

Functionality will be ample, with the top traders categorized by certain assets, or across those. Followers will be able to delicately select their leaders by exploring a summary that includes the number of good trades, the winnings made, the number of transactions and trading success rates. The social trading addition will permit traders to stay in complete control of their positions by setting certain limits per transaction or manually selecting the amount they put into play.

The company’s CEO Pini Peter believes that with the addition of the feature, there will be a brand new method to convert demo clients into real accounts and maintain a bigger number of active traders at the same time. The clients that have been having doubts about what market direction to take will have the ability to rely on a consistent tool to optimize their performance and generate more trading volume for the binary options brokerage.

For more on the global Forex industry see the LeapRate-Dow Jones Forex Industry Report.

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