International brokerage group, Alpari, has just announced its launching of a new web-based platform for binary options trading. Alpari says the reason for the new platform is that the company wants to make trading binary options as simple and effective as possible for its clients.
Called BinaryTrader, Alpari says this new web-platform comes with a set of additional advantages over its previous offering, including increased profit percentage (up to 100% of invested funds), increased maximum contract validity and the ability to set a custom expiry time.
Alpari, Russia’s biggest broker, started incorporating binary options back in 2013, and has since updated its platform offering a number of times. Just this April, the brokerage switched its technology to Binaryware’s BinaryStation platform. Before this, Alpari offered binary options trading based on the MarketsPulse solution.
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Binaryware LLC is a US-based binary option technology firm. In July 2014, the BinaryStation was the first platform to be certified by the Financial Commission, a third-party regulator that helps mediate and resolve disputes between forex brokers and traders. Alpari has confirmed to Finance Magnates that Binaryware is also the developer of its new BinaryTrader platform and that they will continue working with the BinaryStation platform as well.
Unlike most other binary options platforms that charge a portion of the profits made by the brokers, Binarystation has a unique “No Revenue Sharing” business model that is well suited for a broker as big as Alpari. The platform boasts powerful functionality, flexible configuration, virtually an unlimited amount of trading instruments, all the while being hosted on the broker’s servers.