GFT a leading multi asset broker dealer has enhanced its instrument list for Binary Traders. GFT launched Binaries in October along with FX Options.
Although trading in FX markets has been growing cumulatively as recorded in the BIS surveys (2007, 2010) and strong volumes announced by brokers (FXCM, Gain, IG Markets) traditional FX brokers have been looking at alternative products to lure in clients.
Equity markets have seen recovery (Dow 12,196) and traditional stock and index investors have been looking to return back to the trading arena, binary trading is a simple yet effective method for speculators to trade with limited risk as the outcome of their trading decision is limited.
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Forexmagnates team have conducted a thorough analysis on the scope of Binary trading available in the Q3 Quarterly Report.
One for all, is moving into online financial trading and more and more brokers will be adding new instruments and products to their overall portfolio to try to make sure they keep clients who are also exploring other markets.