Tools For Brokers Inc., a company specializing in software development for financial markets, has revealed a new product which was developed over the last few months. Despite the fact that many developers now offer their own binary platforms, Tools For Brokers is certain its web platform will find its audience, thanks to a number of competitive advantages.
Supporting all the popular option types, the platform works in all types of browsers, including those found on mobile devices. Apart from this, it has several functional features making it especially attractive for MT4 using brokers.
This appeal is mainly justified by the fact that the platform is easily compatible with MT4, and its integration does not require any changes on the broker side, therefore not creating additional issues for the broker nor for the clients. The broker’s technical specialists also do not need to examine a new API/SDK.
As for traders – the key advantage for them is the option to trade binaries from the normal MT4 terminal. Therefore, an MT4 broker gains the additional advantage of offering such a popular service as binary options to the clients, apart from trading Forex, CFDs and Futures – and all of it on a single multi-purpose trading account.
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This option in MT4 can be agreeable not only to professional traders, but also to the newcomers, introducing them to other instruments through binaries.
On the other hand, thanks to the integration between the two platforms, algo traders are given the opportunity to use the complete analytical arsenal of MT4, supplemented with custom indicators and advisers, developed in MQL4.
An equally important advantage for brokers is the fact that, thanks to unique development technologies, a broker can create a custom version of the platform, changing its appearance and interface according to his needs and desires. Furthermore, it is not only about color schemes and the style of separate elements, but also server settings of all platform components with full control over them.
Effective risk management system, aiming at boosting the broker’s income, trading instruments’ set, financial information, news, trading session timing and many other parameters can be fully modified for the sake of brokerage flexibility.