HotForex Launches ZuluTrade for Binary Options at Its OptionTrade Brand

HotForex, a broker regulated by the Cyprus Securities and Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term Commission under the name HF Markets (Europe) Ltd., has now become one of the first brokers to start supporting the ZuluTrade binary options social trading solution.

OptionTrade, HotForex’s binary options trading brand, employs SpotOption’s technology. Only last month, December 2014, ZuluTrade went live with its binary options collaboration with SpotOption and are now starting to see its brokers adopting the service.

OptionTrade explains to its clients that ZuluTrade enables users to identify and follow the trading method of successful traders based on their ZuluRank. Users can manage their accounts via a customizable account management suite that is equipped with advanced Risk Management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term features such as ZuluGuard, a capital protection tool.

Binary options traders with ZuluTrade can select the traders they want to follow using the Performance Table, which automatically ranks traders based on a multitude of performance factors and the feedback of ZuluTrade’s knowledgeable binary options trading community.

ZuluTrade users can then customize the trades initiated by the traders according to their preferences and risk tolerance. Users can customize all the parameters of a trade, including the amount they wish to allocate for each trade followed; the maximum number of trades allowed for each followed trader; and the maximum number of open positions per followed trader.