The Binary Options Industry: Following In the Footsteps of Forex?

Forex Magnates analyzed the situation of the FX Binary Options industry based on the perspectives of the people leading the Binary Options Platform Interface
Binary Options Platform Interface

A lot of exciting developments occurred in the latter part of the year 2013 for the binary options industry. After a long dominance by a few technology providers many new entrants came into the field, both crossing over from traditional Forex and from the online gaming industry.

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Throughout the year there were challenges faced by the industry that forced the different players to choose between several diverging paths. Integrating with Forex brokers or operating separate brands, CySec license, FCA or no regulation at all, advanced options or just a fun experience, is there a need for social or copy trading, how to respond to trading robots and what about America and Japan. All these issues will be more pressing this year in a much more crowded arena.

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In our Q4 2013 Industry Report, Forex Magnates examines the options faced by the binary industry based on the analysis of the firms that build the infrastructure itself. We spoke with top executives from Tradologic, TechFinancials, MarketsPulse, SpotOption and new comer PandaTS. This group of business focused technology experts has discussed the binary options industry’s split between gaming and financial trading, along with seven other topics identified as pivotal to the market’s future.

This analysis, many other interesting articles and more data resources, all crucial to successfully understanding the FX industry at the start of 2014, are what makes the Forex Magnates Q4 2013 Industry Report a must have for any serious player in the Forex market. The report can be previewed here.

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