SpotOption's Latest Platform to Focus on Automated Management and CFDs

Derivatives trading technology developer SpotOption announced today its latest platform version, Spot5, which it will present at the upcoming IFX EXPO in Cyprus, May 23-25. Spot5 focuses on complying with Regulation Regulation Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Read this Term in terms of trading products, as well as offering brokers and traders automated tools for running business activity and trading.

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Along with an upgraded mobile application and multi-platform solution, Spot5 focuses on providing brokerages with Automation Automation Automation is defined as the procedure of making an apparatus, a process, or a system to operate by mechanical or electronic devices that replace human labor. Additionally, automation is also sometimes referred to as mechanization or robotization. For example, employees have many costly needs, including government regulations. However, robotic workers don’t need much other than some routine maintenance and the occasional bug fix for an equipment malfunction or software bug. There is no overtime Automation is defined as the procedure of making an apparatus, a process, or a system to operate by mechanical or electronic devices that replace human labor. Additionally, automation is also sometimes referred to as mechanization or robotization. For example, employees have many costly needs, including government regulations. However, robotic workers don’t need much other than some routine maintenance and the occasional bug fix for an equipment malfunction or software bug. There is no overtime Read this Term from both an operator's and trader's perspective. The developers also say that as CFDs and Digital Contracts are approved trading instruments by major regulators worldwide, they are henceforth at the forefront of the new Spot5 platform.

“SpotOption has always aimed to be ahead of the trading industry needs,” says Pini Peter, founder of SpotOption. “We’ve noted that in order to truly be a recognized and global brokerage, operators need to get regulated, and get automated. Prepared for the industry evolution, this is the driving force behind the development of the new autonomous brokerage solution.”

The Spot+ automated sales, marketing, and retention system allows traders to pass on call-centers, and let technology do the work for them. With Spot+, marketing material can pass compliance checks, so operators can rest assured that no boundaries have been crossed.

The Spot Algotrader feature was developed to provide traders with automation as well, to implement and create formulas and strategies. The Algotrader allows traders to rely on their analytical skills to form strategies, share them, or sell them.