Binary Options Provider MarketsPulse Releases MT4 Integration
Binary Options provider MarketsPulse has announced that it has launched MT4 integration to provide its binary options products on the
Binary Options provider MarketsPulse has announced that it has launched MT4 integration to provide its binary options products on the popular trading platform. The news follows a similar launch from SpotOption in the middle of 2012. As reported when Vantage FX announced it was adding binary options products to its MT4 offering, the MetaTrader platform has become more dynamic in the past 24 months. With what has become an outdated UI, brokers have begun to add plugins and product enhancements to the flexible MT4 platform.
On the binary options side, the industry is moving in two opposing directions. On one hand we are seeing a gamification of platforms with simpler interfaces and 60 second trading. On the other hand, some brokers have been slowly beginning to implement the product alongside their forex offering as a complimentary product. The MarketsPulse announcement paves the path for an escalation of more existing forex firms to launch binaries.
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MarketsPulse, the Leading Binary Options Enterprise Solution Provider, Now Allows Brokers to Offer Binary Options within MetaTrader4
LONDON–MarketsPulse, the leading Binary Options enterprise solution provider, now gives brokers the option to diversify by adding binary options to their tradable products. MarketsPulse delivers a suite of technology focused on the needs of regulated companies with an existing customer base that are interested in offering binary options.
With this enhancement, MarketsPulse allows brokers to offer binary options in the MetaTrader4 platform, providing the latest in binary options technology and integrating everything on the back-end for a more seamless overall trading experience. MT4 allows traders to trade Binary Options with their existing account with the familiarity of using their extensive knowledge in trading forex, CFD and other products.“We are pleased to make binary options more accessible for more brokers and traders with this new option and to continue to use our sophisticated technology to create better, more intuitive trading experiences,” said Rachely Esman, CEO of MarketsPulse. “With an exclusive focus on binary options, MarketsPulse offers the latest in technology, service and customized features for our traders across the globe, including trading on MT4.”
By using MT4, traders can enjoy using a familiar interface between products, now seamlessly adding binary options; Markets Pulse also offers industry-standard single wallet and single sign-in technologies. Brokers can learn more about MT4 trading with binary options at www.marketspulse.com.About MarketsPulse
MarketsPulse is the leading Binary Options enterprise solution provider that combines great web engineering with a deep understanding of global financial markets. MarketsPulse offers technological solutions for binary options operations, including a stand-alone and a fully integrated solution that is completely installed on-site, providing confidentiality of data and a customizable trading experience. Working with regulated companies such as worldwide, the technology is also ready for all types of regulation. For more information, please visit http://www.marketspulse.com/.
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Cant find addition info at the company website.
I saw this solution a week ago with other provider…
I believe binary options should stay simple.
yes they may not have updated their website yet
yep, what’s the meaning of having BO’s on Mt4?
Isn’t just a simple buy or sell?
not exactly, there’s the whole graphic experience, and after all it’s options – they expire after 60 seconds, 5 minutes, 1 hour, etc. you can’t treat as spot product
@manu – we requested an image from Marketspulse and hope to have it up by tomorrow. Should shed some more light on the trading experience
As an experienced FX Broker I’m looking at the Binary options market and planning to establish my own brand soon. During my research for the platform I looked at the most platform providers out there and here are my 2 cents: 2 of them offer full integration with MT4 and another 2 offer a 3rd party solution for shared wallet that with MT4. It seems that Spot Options offer the best Risk Management solution. They promise to deliver the best results from the systems probably using an aggressive in house risk management. They also offer a reach feature set for… Read more »
I think the expansion into Binary Options is going to be a mistake for a lot of these providers especially if their priced in a way which many of these iGaming type Binaries. As I feel that there not a great product and will likely frustrate many of their clients potentially damaging a brands reputation. Though I do see a large number of brokerages jumping on the band wagon and know of others who are developing their own platforms.
@YaronFX – anything they aren’t offering that you think the providers should?
@Ed – it all depends on the marketing and education of the product. If its just some ‘extra product’ dumped on a MT4 platform like many brokers do with rarely traded CFDs, then it could be damaging. But, if it is properly marketed and clients understand that it is a different product, but simply being offered on the MT4 interface it could succeed. The appeal for brokers of having binaries on MT4 is that traders will try them out and ultimately trade both, even if they distinctively favor one over the other.
Wondering how dealers are hedging their exposure. Binaries are hard to hedge, especially in small quantities (since OTC digitals and so on don’t trade so small). I assume they take all the risk on their book and rely on the house edge? Like in Roulette with its zero, the house wins in the long run. But it requires sufficient client orderflow to be reasonably sure of the outcome and be preditctable MoM(law of large numbers). Under this scenario a ton of small bets is way more favbourable for dealers than few large bets with the same notational. So high-rollers =… Read more »
they don’t hedge at all, regarding background – yep we are on it, doing a large piece in Q1
@Ron Finberg – I saw at O-Systems an Alpha version of social trading which looked very nice
it’s just a mock-up, as far as we know it’s in development
From a broker point of view, SPOToption seems to be a reasonable choice for an option platform. I don’t see the point of messing MT4 with binary options when you’ve got all-in-one solution such as SO. Just a personal opinion though, i am now looking to get binaries. I do believe binaries should stay simple and more on the entertainment side.
@Andy – the business plan is pretty simple. At any given time, a trader make a bet whether the price will be higher or lower than it presently is at a future time. Example, if the EURUSD is 1.30 they can buy a Call for $100 that expires in an hour. If it is above 1.30 they win anywhere between 70-85% (in this case $85) and if its below, they lose the whole $100. With such a skewed payout, the business will generate income even if traders win 50% of the time.
Yes with such odds, probably. But still, a single very large bet could theoretically destroy you, if you can’t hedge at all.
it’s a little bit more complicated than that, these ‘options’ are actually structured in a way that it is far from being 50/50
@Michael can you elaborate on that? My understanding is that the payout at any given moment is calculated by the risk management system by taking into account the odds AND the exposure against clients. Is this somewhere near the reality?
payout is fixed, hence the formula you just mentioned doesn’t make sense otherwise payout would have changed every second
So when someone “wins” don’t they get back their original deposit + profits? Using the previous example: $100 option purchased.
If you win you get $100 + $85 profit?
If you lose, you lose $100.
if you only won $85 with $100 bet, that would defeat the purpose of betting, because there would be 100% negative expectancy.
correct