Last news heard from binary options platform provider SpotOption was the successful launch of their latest trading product, CFDs. The launch of their MT4 Plug-In was also mentioned then.
Now, not more than a month later, SpotOption announced the successful launching of their MT4 plug-in, which was made possible through the partnership with Forex technology provider, Tools For Brokers. The MT4 plug-in (compliant with regulation), allows forex operators who provide traders with the MT4 platform to automatically offer binary options directly on their MT4 platform, with no additional steps, set-ups, or redirection for the traders.
The integration process has been simplified, and instruments, price feeds, deposits and withdrawals are through the MT4 platform. MT4, MetaQuote’s leading platform for forex traders, is known for
flexibility and utility and is henceforth the platform of choice. The binary options activity has shared account and wallet as the MT4 activity, and there is complete real-time synchronization.
Binary option traders can use the MT4’s expert advisor for binary trades, as well as dozens of indicators and oscillators. Traders loyal to their MT4 can now have a new product, without making any changes to their platform or trading habits. Furthermore, operators offering MT4 will gain another retention tool by not losing traders to the growing binary industry.
We knew that our binary options platform would be a great benefit to operators offering MT4, and we looked for the right partners who could give us the best synchronization,” says David Ripstein, CEO of SpotOption. “Tools For Brokers demonstrated the technological expertise we were looking for, and they definitely delivered the seamless integration that we imagined.
Adding binary options to MT4 is the most logical step for operators who want to expand their database, and offer additional hedging opportunities to their traders, says Aleksey Kutsenko, CEO of Tools For Brokers. “We chose SpotOption as they are the leaders in binary options, and their platform gives MT4 the advantage of an added, simplified product with the best UI that we found.