Brokers Copy StockPair Trading Platform, 24Option Gets Bigger and IPO Coming?
ABCOptions Copies StockPair – Copy from the Best
They say that imitation is the highest form of complement. If that is true then ABCOptions thinks very highly of the Stockpair platform. Why do I say this? Because ABCOptions has built a binary options broker using the Tradologic platform that is nearly identical to StockPair. They are so similar that it would be easy, if fact natural, to assume that it is the same platform. If you have ever used stock pair you will know exactly what I mean. Nearly identical I say because there are some very big differences between the two.
ABCOptions is a new broker operated by Green Galaxy International based in the Republic of Seychelles and not by PSTK LTD, owner and operator of StockPair. Another major difference is in the platform itself. While looking identical it is not. StockPair made their name on pairs trading even before binary came on the scene. ABCOptions does not have any pairs trading aside from the forex pairs typical of any broker. The differences go deeper as well. ABCOptions has Turbo, Range and Touch Option. Options available commonly on Tradologic based brokers but not at Stockpair. What does this say about StockPair? That it is a good platform and worth copying.
24Option.com Launches Their New Wide Platform
24Option.com, a well known leader of binary options trading and technology, has launched their newly revamped trading platform powered by Scipio. The new platform features a wider screen view and interface that allows traders a better view of current, open and closed trades as well as to use all the features like the Traders Choice market sentiment and the new Professional Charts. Trading is still the as before with all the same underlying assets, option types and expiry. The difference is in the lay out. Previously the platform was very narrow with most of the elements displayed vertically. The new design merely takes those same elements and displays them side by side in a fashion that is much easier to view and use.
The biggest improvement to the platform is the new Professional Charts. This is an additional charting feature that can be accessed with the click of a button that is located at the top right corner of the basic charts displayed on the platform. Once clicked the tab pulls up a new screen with a much more detailed chart. The chart displays in candles or bars, your choice, and can be set up as one minute, 5 minute, 30 minute or 60 minute candle sticks. There are also other tools available to help with analysis such as trend lines, drawing, screen capture and email so that you can send charts to friends and followers.
24Options Launches New Forex Trading Site
It was big news when the forex brokers started to offer binary options. Now it is even bigger news that a binary options broker, 24Option.com, has launched a new forex trading website and platform. In addition, to the good name that 24Option is a CYSEC regulated broker and can provide its services within the EU. Other features include binary options trading in commodities, indices and individual stocks.
AnyOption are Going For IPO?
Following the success of Forex brokers such as Plus500 and FX-related SafeCharge, AnyOption is suggested to be the first Binary Options brokers to become Public (as seen on ForexMagnates – link). It’s no secret many entrepreneurs are seeking “Exit” those days. A fine IPO could make the founders rich, and the company to benefit from a moderate cash flow. Unlike many other white labels or even big brands using external technology, AnyOption (and StockPair) is a proprietary Platform fully licensed by CySec and MiFid. It’s still very early to decide whether those are just rumors or is it the truth, but the fact is an IPO is crucial to the future of the binary options industry and the BOTS team will keep tracking any updates.
“Trading Binary Options and/or CFDs involves significant risk of loss. CFDs are leveraged and thus losses may exceed invested amount”