In another sign that binary option trading is one of the more interesting products out there GFT, one of world’s largest forex brokers, now announced that it will start offering CFDs and spread betting binaries. GFT is now the second major forex broker to start offering binary trading after Saxo Bank has introduced its Touch Options back in August. Just like Saxo Bank GFT here is using its own technology and not third party’s.
Interestingly enough, Forex Magnates extensively reviews both these topics: binary options and forex brokers expanding into other products and markets in its Q3 Retail Forex Industry Report which will become available this week.
GFT, a worldwide leader in online currency trading, spread betting and Contracts for Differences (CFDs), now offers traders in the UK and Europe the opportunity to trade CFD and spread bet binaries. Binary trading is a fast-paced and exciting way to take advantage of the world’s markets by making yes/no decisions about whether an event will occur or not. Every binary trade has a maximum profit and loss so traders know their upside and downside before placing a trade. GFT’s brilliant new binary trading platform was designed from the ground-up specifically for binary traders. Every aspect of the new binary platform, including the revolutionary DealWheel trading tool, has been developed to enable traders to react quickly to fast-moving binary markets.
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“As with all GFT platforms, it is user friendly, well presented and backed up by excellent customer service,” stated a GFT customer during the beta launch of our binary platform.
GFT’s binary platform offers five-minute, twenty-minute, hourly, mid-session, and daily markets on popular indices, forex and commodities. There are up to 6,000 potential binary trades to consider each day including strategy options like up/down, ladders, one-touch, double touch and either/or.
Binary customers can expect the GFT standard of fast execution, competitive spreads, access to free trading educational tools and resources, and knowledgeable 24/7 customer service.
To open a binaries account or learn more about GFT, visit http://www.gftuk.com
About GFT: From local offices in London, Dubai, New Jersey, Singapore, Sydney, and Tokyo, GFT provides its global client base with the opportunity to speculate and trade in a broad range of markets, quickly, efficiently and securely. Most known for its award-winning DealBook® platform available for desktop, the web, or mobile phone, GFT also provides options for automated trading, 24/7 customer service and competitive spreads even in times of market volatility.