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.
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.