SpotOption just launched the first every binary options trading over the MT4 platform. Binary Options trading up until now was only done on proprietary platforms either developed by brokers themselves or through software providers such as SpotOption. Adding binary options to the MT4 terminal as another asset is an interesting move immediately exposing millions of traders to binary options trading as most brokers offer MT4 as at least one of their platforms. Whether it provides the same trading experience as through a full binary interface is for traders to decide on.
As seen below, the MT4 interface opens two small frames – one the usual MT4 trading screen and the other the more visual binary options trading screen.
As announced at the IFXEXPO in Cyprus this was developed with the help of TradeSpotFX/Divisa.
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Leading Binary Options platform provider, SpotOption, has launched the first Binary Options MT4 plug-in.
June, 2012 – SpotOption is proud to announce that their MT4 plug-in has officially been implemented in several of their white labels who license the SpotOption Binary Options trading platform. The MT4 plug-in was introduced to the online forex world at the Cyprus IFX Expo in May, where SpotOption was the main sponsor of the successful show.
The MT4 plug-in allows forex operators who provide traders with the MT4 platform to automatically offer binary options into their solution as well. Integrating involves a one-time download for both operator and trader, and then the popular and ever-growing binary option is available at the trader’s disposal. The MT4 plug-in is available as well in an online, webtrader form, which allows trading from any internet access point. The trader balance will be automatically synchronized between the desktop version and webtrader.
The MT4 plug-in came just at the right time, along with the S.O. SpotOption first ever, Binary Options market maker license. With CySEC’s recent announcement that the binary options industry has now been officially deemed as a financial instrument, SpotOption was the first to receive the license as market makers. This movement allows for a smooth process with regulated forex operators to add the easy to understand and easy to explain binary option to their offerings, and increase revenues by cross-selling, expanding their database, and converting demo accounts to active.