Binary Options Product Market Active, Social, Signals & Affiliates
There were a slate of Binary Options products and news being released this week. Events included a new binary options
There were a slate of Binary Options products and news being released this week. Events included a new binary options affiliates program called Binary United, the launch of social trading on new provider O-Systems platform, and Faunus Analytics having their signals included in the SignalPush binary options signals marketplace.
The new affiliate program Binary United brings affiliate partners the option of many different trading platforms under one roof. According to Binary United, the forthcoming multi-software binary options affiliate program will redefine customer choice insofar as affiliates will have access to a wide variety of marketing options while traders can select the trading platform that is right for them.
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There has been a significant increase in the number of binary options brands available over the last year or so, and the rate of change within the market is considerable. Binary United developed this program as a practical means of offering the best options brands in one place without the affiliate having to search and join separate ones. The program is similar to FXPN which was launched from Leverate last year.
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Moving over to social, O-Systems has launched what they call the “first social trading feature from binary options providers.” On a first look at the product, the social feature is a stream of shared binary ideas and trader sentiment with users able to copy individual trades and favorite different traders. In terms of comparison to similar products in the forex market, O-Systems product lacks the ability to follow traders and have trades automatically copied. As a first release it is expected to trigger further advancements for social binary trading.
Those looking for copy trading in the binary options marketplace though do have options. One such product is SignalPush. SignalPush acts as a marketplace and bridge for binary options signal providers and brokers. Users download SignalPush and then have access to the products list of pre-approved signal providers. Joining the marketplace this week was Faunus Analytics. We had written earlier this month about Faunus’s entrance to the retail signal market with their product being launched with iOption and FXDD. Using the same principles, users of SignalPush will have access to Faunus Analytics signals with a greater range of brokers.
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65% payout? Trying to trade something like this is outright retarded. Wondering if they really find enough fools to click on the buttons. At least in FX spot clients lose because of their own inability to trade – not because of egregious pricing. On the other hand, anyone who clicks on something like that deserves no better. A fool and and his money..
you’d be surprised how many click that.. at least $20m outside Japan is being deposited every month with binary brokers, so do the math
Andy – The 65% is totally configurable and brokers can set any payout they wish to offer their customers. moreover since this is a new feature it is legit for the broker to examine the feature and calculate the risk before increasing the payout.
Traders can copy actual trades or limit orders (commonly used by signallers) which open a new world of trading for people who like and care about the the community idea.
Actually both looks like the same idea, both giving the ability to copy signals. the big different from what i saw,and i saw them both. market pulse is a download separate product and signal providers are pre approved. in osystems platform the copy signals built in the website with very impressive look and feel. It will be very interesting to see how they make the risk advancements for social binary broker side. but I have to say, nice job!
It’s looks like binary copy products will be a marketing killer. Affiliate will love this social built in website.
This is an interesting feature but as I understand it presents some potential risk for the brokerage, if a successful binary trader builds up a large following the brokerage will potentially be quite heavily exposed to a particular outcome. As Binary Options of this type aren’t a exchange traded instrument doesn’t this present a risk management problem?
copy trading and binary options aren’t concepts that can work together, so rest assured no trader will be allowed to be successful AND have a following