Exclusive: Platform Diversity Meets Binary Options as FXTrade Set To Offer Choice In Japan
by
Andrew Saks McLeod
As binary options continues to follow in the footsteps of retail FX, MarketsPulse has today announced its provision of the Ladder Option product to Japan's FX Trade, with the company now offering two platforms.
Trading Platform choices offered to clients of retail FX companies have become significantly more varied recently, with many brokers offering a selection alongside the ubiquitous MetaTrader 4.
As with the onset of many a new development, adoption by a company is often followed by consumer acceptance, hence nowadays retail clients have come to expect variety.
Following in the footsteps of the FX platform providers are the technology firms which provide the trading environment for binary options, with MarketsPulse today announcing to Forex Magnates that it is releasing its Ladder Option platform via Japanese FX company, FX Trade Financial.
Big In Japan
The product has been accepted by Japanese Financial Services Agency as being fully compliant with the new binary options regulations which were implemented earlier this year, which were welcomed across the binary options industry as a means of providing a framework within which the entire business can establish itself on a long-term basis in Japan.
Although the commercial relationship between FXTrade Financial and MarketsPulse extends back to 2010, FXTrade Financial announced its intention to provide binary options trading via the TRADOLOGIC platform in mid-October this year. With MarketsPulse now providing the Ladder Option product to FXTrade Financial, this represents an era in which FX companies are beginning to consider platform diversity an important business direction with regard to binary options offerings, as well as FX.
Shay Hamama, VP of Business Development at MarketsPulse today explained to Forex Magnates that, "FXTrade Financial intends to use the MarketsPulse platform first. On this basis, the company considers us as its primary provider, and then add another platform later in the future."
Reflecting this line of thinking, FXTrade Financial's CEO, Yasuharu Tsuru today made a corporate statement: "We are proud to continue our strong partnership of success with our primary provider MarketsPulse," he said.
“We will continue to work with MarketsPulse to add more options and trading tools to offer the best trading experience for our loyal customers,” concluded Mr. Tsuru.
Here To Stay
Rachely Esman, CEO at MarketsPulse, considers the synergy to be one which has assisted both firms to have gained key positions within the Japanese market, and has welcomed the greater establishment of binary options in the region as a result of the newly implemented regulatory structure. "Since the beginning we have stayed committed to comply with regulations in the Japanese market," explained Ms. Esman.
"The new platform provides many benefits for the trader and the broker. We are proud to be one of the first technology providers to launch the Ladder Option with our prominent partner, FXTrade Financial," she concluded.
During the next few months, MarketsPulse intends to roll out additional option types to be in compliance with new regulations, and a native iOS and Android application for smartphones and tablets.
As Japan continues to hold its position as a giant within retail FX circles, it could be that the binary options industry may follow suit in the region, and FX brokers offering multiple platforms bound by a well-respected regulatory structure could become the norm.
Trading Platform choices offered to clients of retail FX companies have become significantly more varied recently, with many brokers offering a selection alongside the ubiquitous MetaTrader 4.
As with the onset of many a new development, adoption by a company is often followed by consumer acceptance, hence nowadays retail clients have come to expect variety.
Following in the footsteps of the FX platform providers are the technology firms which provide the trading environment for binary options, with MarketsPulse today announcing to Forex Magnates that it is releasing its Ladder Option platform via Japanese FX company, FX Trade Financial.
Big In Japan
The product has been accepted by Japanese Financial Services Agency as being fully compliant with the new binary options regulations which were implemented earlier this year, which were welcomed across the binary options industry as a means of providing a framework within which the entire business can establish itself on a long-term basis in Japan.
Although the commercial relationship between FXTrade Financial and MarketsPulse extends back to 2010, FXTrade Financial announced its intention to provide binary options trading via the TRADOLOGIC platform in mid-October this year. With MarketsPulse now providing the Ladder Option product to FXTrade Financial, this represents an era in which FX companies are beginning to consider platform diversity an important business direction with regard to binary options offerings, as well as FX.
Shay Hamama, VP of Business Development at MarketsPulse today explained to Forex Magnates that, "FXTrade Financial intends to use the MarketsPulse platform first. On this basis, the company considers us as its primary provider, and then add another platform later in the future."
Reflecting this line of thinking, FXTrade Financial's CEO, Yasuharu Tsuru today made a corporate statement: "We are proud to continue our strong partnership of success with our primary provider MarketsPulse," he said.
“We will continue to work with MarketsPulse to add more options and trading tools to offer the best trading experience for our loyal customers,” concluded Mr. Tsuru.
Here To Stay
Rachely Esman, CEO at MarketsPulse, considers the synergy to be one which has assisted both firms to have gained key positions within the Japanese market, and has welcomed the greater establishment of binary options in the region as a result of the newly implemented regulatory structure. "Since the beginning we have stayed committed to comply with regulations in the Japanese market," explained Ms. Esman.
"The new platform provides many benefits for the trader and the broker. We are proud to be one of the first technology providers to launch the Ladder Option with our prominent partner, FXTrade Financial," she concluded.
During the next few months, MarketsPulse intends to roll out additional option types to be in compliance with new regulations, and a native iOS and Android application for smartphones and tablets.
As Japan continues to hold its position as a giant within retail FX circles, it could be that the binary options industry may follow suit in the region, and FX brokers offering multiple platforms bound by a well-respected regulatory structure could become the norm.
The Menace of Clones: Malta’s Regulator Warns against Fake "Documents and Emails"
Network, Learn, Grow | FMAS:24
Network, Learn, Grow | FMAS:24
Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
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Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
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Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
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Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
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Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
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Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
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Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
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Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
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Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
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