Forexmagnates Live and Exclusive report direct from London’s prestigious Old Billingsgate. The venue was host to the much-anticipated London Affiliate Conference (LAC) 2012.
The London Affiliate Conference is one of the most recognised events for Affiliate operators in the world. Coming in from all sides of the continent and beyond the venue was packed with internet wizards looking to get more from the world-wide web. The event is targeted to the growing gaming industry however firms in the online financial trading space have been attracted to the giant expo.
Forexmagnates team wizzed around the many stands all showcasing their affiliate programs and spoke with delegates at the Spotoption stand. Spotoption is a technology solutions provider for the binary options segment offering online trading platforms to binary brokers across the globe. Pini Peter one of the founders of Spotoption ‘really enjoys the London event, as it allows Spotoption to engage with their clients and speak to more people about their great products and services’.
Their simple to use platforms allow traders who are interested in making short term predictions on instruments such as the Euro Dollar, FTSE, Gold and many more.
‘Binary Options are very simple and easy to use, we want to provide a platform where people don’t get bombarded with complications’ adds Kimberly Richardosn, Director of Sales at Spotoption.
The London Affiliate Conference in its 6th year was a huge success in 2011 with over 2,500 people attending. The 2012 show received equal success with around 3 to 4 thousand people passing through the doors. The conference aims to bring participants in the affiliates industries together, giving news and information on new products and services affecting their industry. In addition there were action packed conferences and discussions by industry experts on useful topics such as SEO, Social Media, Email Marketing and many more.
Affiliate marketing is an important element of marketing and promotion in the FX industry, pioneers such as Etoro built sophisticated electronic portals for affiliates to take advantage of internet revenue. This has been coupled with the overall growth in FX trading volumes as seen by the BIS survey in 2004, 2007 and most recently in 2010.
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Etoro has designed the worlds largest FX social network – Openbook. Traders can view real time transparent coverage of the best in the market and make independent decisions on which strategy/ trader they want to follow.
“We want to create an open network for trader, with complete transparency and simplicity regardless of the level of education. Traders are not tied down to expensive portfolio managers, our social network gives people access to genuine traders and their strategies” says Amir Rabinowicz, Director of Partners.
Binary options are gaining coverage as people are attracted to the simplicity in the product and the potential earnings. In addition to Spotoption, binary providers such as Tradelogic and brokers such as 24option were at the event. Joined by Etoro, Easy Forex and Plus500 from the FX and CFD world.
The four day event will be finishing with an after party in one of Londons exciting venues.
Forexmagnates team wrote a detailed report on the advantages of Binary Options as as a product for FX and CFD brokers in their Q3 2011 quarterly report.