SpotOption is Integrating Binary Options with MT4

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Some revolutionary solutions are being made by a binary options technology provider SpotOptions this week. And this is not just any technology provider we’re talking about: SpotOptions is a definite leader in the industry and is being used on popular platforms such as Finpari, BDSwiss, CopyOp, IvoryOptions and many more of our TOP recommended brokers.

Now it teamed up with B2b Forex technology provider Tools for Brokers in order to include its binary options platform into a freshly launched solution.

What is MT4 and why is this important?

MetaTrader 4 trading platform (MT4) is one of the most popular Forex trading platforms. The new plug-in will allow MT4 brokers to offer binary options trading side by side with Forex. This might be just the revolutionary solution the industry has been waiting for. The integration is so seamless that the already existing MT4 traders don’t need to take any additional steps, extra set-ups or, basically, no actions whatsoever. From now on they are able to trade binary options using their MT4 account only.

Additionally, there is no need to go to any other platforms to manage traders’ funds, deposit or withdrawals. This truly makes life easier for those traders that want to combine their Forex and binary options trading.

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SpotOption emphasizes the implications this solution has for brokers who already offer MT4. They will be able to have higher revenue through expansion into the trending binary options field without implementing any additional tech platforms. They will also be able to give their traders more trading opportunities and chances to diversify their portfolio.

Both SpotOption and Trades for Brokers are extremely thrilled by this integration and have stated that this is a new revolutionary step for the trading industry everyone has been waiting for.

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SpotOption and T4B Team Up to Integrate Binary Options with MT4

Actually, integrating binary options trading with MT5, in response to its growing popularity, could be exactly the breakthrough.

SpotOption, a leading binary options technology provider, today announced the successful launch of its MT4 plug-in, which integrates the company’s binary option offering with the existing MT4 environment. SpotOption has partnered with the B2B forex technology provider Tools For Brokers, to include its T4B Binary Platform into the newly launched solution.

As we can guess by the name, the new compliant plug-in will allow MT4 brokers to offer binary options trading side by side with forex using the popular MetaTrader 4 trading platform (MT4). Integration is also pretty simple and straightforward, SpotOption said, as no additional steps, set-ups, or redirection for the traders are required. Finance Magnates reported on the move earlier in November.

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Additionally, traders are now able to make the whole selection of account operations, including deposits and withdrawals, without having to click through other trading platforms. The new solution shares the same MT4 account and wallet with binary options activity in addition to stimulating the activity of customers through real-time synchronization.

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Although the move by the company will facilitate the smooth processing of binary options trading, over the past years we have seen many technology providers offering the same addition. Actually, integrating binary options trading with MT5, in response to its growing popularity, could be the next breakthrough.

SpotOption states that the implications of deploying the new solution are quite clear for brokers who are already offering MT4. According to the technology provider, it will be able to capture more revenues through expanding its business into the binary options field, without having to bother with providing a separate trading platform. Brokers will also gain another retention tool as traders, in turn, will have more trading variety without making any changes to their platform or trading habits.

David Ripstein, CEO of SpotOption, commented: “We knew that our binary options platform would be a great benefit to operators offering MT4, and we looked for the right partners who could give us the best synchronization. Tools For Brokers demonstrated the technological expertise we were looking for, and they definitely delivered the seamless integration that we imagined.”

Aleksey Kutsenko, CEO of Tools For Brokers, added: “Adding binary options to MT4 is the most logical step for operators who want to expand their database, and offer additional hedging opportunities to their traders. We chose SpotOption as they are the leaders in binary options, and their platform gives MT4 the advantage of an added, simplified product with the best UI that we found.”

Software News

Binary options platform provider SpotOption announced the launch of a new MetaTrader 4 plug-in, as well as a new CFD trading platform. The plug-in allows binary options trading on the most popular forex trading platform, MT4.

User-friendly and highly customizable, SpotOption’s CFD platform provides access to a variety of markets including stocks, commodities, currencies, and indices on global financial markets. It offers guaranteed execution of stop-loss and take-profit orders and flexible leverage levels as some of the risk management tools.

As regards the broker’s other new offering, the MT4 plugin, it enables operators of the MetaTrader 4 to directly integrate SpotOption’s binary options solution into the platform.Through the plugin, traders can use their existing MT4 accounts to trade in binary option.

“Our ongoing mission is to position our labels as industry trend-setters and leaders,” noted David Ripstein, SpotOption’s CEO. “We have great expectations from the expansion of our technological offerings, and have already witnessed the demand for implementation by existing and new clients. SpotOption will continue to strive to remain at the forefront of the FinTech revolution,” he added.

Founded in 2020, SpotOption is the first ever regulated binary options broker. Its market maker branch SpotOption is regulated by the Cyprus Securities and Exchange Commission (CySEC). The company is headquartered in Israel and also has offices in Cyprus and Hong Kong. Earlier this year SpotOption opened a sales office in London.

SpotOption has more than 300 partners, holding about 65% of the binaries trading market in North America, Europe, Asia and the Middle East. In fact, it provides binary options trading solutions to some of the largest brokerages in the online industry, such as Banc de Binary, Banc de Swiss, FXDD, RoboForex, etc.

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