A common question that we are frequently asked at Finance Magnates’ Binary Options section is: What platform provider works with my broker?
For this reason we have created the following infographic with all the available details:
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Please note that this has been updated as of August 2015 and that brokers sometimes migrate between technology providers, so it might change in the future. We have only included the biggest brands for each provider, which should cover the majority of the market.
There are of course a few more binary options technology providers not included in the list as they did not want to expose their client list to us and the information was not otherwise available.
Understanding the Market
If you are looking to launch your own binary options brokerage, when looking at the overall market, it is important to understand the differences between the providers. While some only provide addons for forex MT4 terminals, most offer complete turnkey solutions. With this list you can assess the competition and see what type of platform you would like to offer.
It is also possible to infer from the list on which specific segments of the market providers focus on, such as gaming or the Japanese regulated offering or forex integration. However, the brands vary a lot in terms of size, how long they have been operating and profitability, which means that the number of brands is not the crucial factor for the providers. Just for example, 24option, who has just signed the first sponsorship deal with a French League club, is much bigger than most other binary brands. Anyoption, a notable player in the binary options space heading for an Initial Public Offering (IPO), uses proprietary technology.