RoboOption informed its traders today that it has added two new types of binary options, along with other improvements of its current trading platform. Now the company’s clients can use the One Touch and Ladder types of options in their trading activity, and are also provided with additional information tools for trading.
Other improvements to the RoboOption platform revealed today include the possibility to track and analyze the changes in assets prices on a candlestick chart, as well as a display of current market Bid and Ask on chosen asset prices.
RoboOption utilizes the online platform developed by SpotOption. One Touch and Ladder are some of SpotOption’s most popular features to enhance an offering and it is therefore an expected business decision by RoboForex to operate the binary brand.
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One Touch options works by asking the trader to predict the achievement of a price goal of an underlying asset in the future. Ladder options works by asking the trader to predict the direction of an underlying asset’s price change depending on the chosen level. Both types will require a minimum investment of just $5 at RoboOption, extending to a maximum investment of $500 per single trade.
In June, RoboOption started offering its clients trading signals and the ability to copy transactions of other traders via a ZuluTrade binary service. The technology also incorporates the possibility to develop automated binary options trading strategies through ZuluScripts. As RoboForex is a more trading robots-focused broker, this suits its general offering rationale.