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Binary Options Broker Reviews EasyXP Broker Review Traderush Broker Review 24Option Broker Review. com © Copyright binaryoptionsanalyst. Once TechFinancials begins operations that list is likely to grow again. It is unclear when the Tradologic platform will be ready but signs indicate it will be quite soon.

The goal for them all is to produce a white label version of their platforms that they can then sell to brokers for rebranding. Each broker will be independently owned and operated and responsible for its own registration with US regulatory bodies. This is not a requirement for access to the exchange unless the broker is planning to solicit clients in the US.

There is already talk of several new brands simply waiting for the go-ahead to begin operations. Tradologic has hinted at at two while TechFinancials has gone so far as to release a name, OptionFair. My first look at the SpotOption platform on Cantor Exchange is very promising and enough to make me want to switch brokers.

They have managed to maintain the great look and easy to use features that have made SpotOption so popular among CySEC style brokers. You really have to look at it to see the differences but they are there. They have also managed to blow away the platform provided by NADEX which is sure to make them a number one choice among US traders.

The same goes for leverage: it can be adjusted with the click of a button. SpotFollow or IFollow : According to SpotOption, this feature is meant to make trading more social and to allow newbies to follow the trades of more experienced traders:. Second, I cannot be sure they are even real people. Overall, these new features are a welcomed addition to an already good binary options platform and ultimately they bring more freedom, opening new doors to profit.

The most impressive aspect of the trading platform is its flexibility and clarity of use. Trading choices are divided by tabs at the top of the platform, so the type of option contract can be chosen with little effort. This is helpful because in some cases is it possible to make mistakes when placing trades especially in short term intraday positions and this level of clarity lessens the potential for opening an incorrect position.

Hedging positions is also possible, which is another nice flexibility feature. The new and improved Spot2 version adds Pair trading which pits one asset against another and compares their performance. In all, the platform is very clearly structured and designed for efficient use.

In my experience, the major weakness of the platform was the trading portfolio feature. When opening this feature, active positions are not displayed unless you choose specific data and time parameters. I found this to be especially troublesome because it gives the impression that there are no open positions when, in fact, there might be. This can be a risky occurrence, especially for short term traders looking to open and close trades quickly. Another negative was the trade confirmation window, which requires you to approve of your trade in a new window before it is actually executed.

While this might be preferable for some, more conservative traders, I consider this a negative as it reduces the flexibility for news trading by limiting trading speeds. Since Spot Option is one of the more established platforms in the industry, it is not surprising to see that they offer some of the newer advancements in platform technology and execution. This can be seen in the Option Builder field tab, which allows you to determine your option criteria, with asset choices and expiry times.

The other platform trading choices can be seen with the One Touch and 60 Second trading choices. The 60 Seconds feature is characteristic of the more modern, internet based trading environment, as these contracts will expire within 60 seconds of execution. This will be an attractive feature for more aggressive traders, or those trading based on fundamental news releases. The platform itself is web based, and trades can be placed immediately after inputting your log in information which is another aspect making the platform convenient for short term or news driven traders.

The Spot Option trading platform has been in development since which is a relatively long time in comparison to the competition and since then the developers have structured a relationship with Reuters to receive their data and price feeds, which has helped to ensure trading accuracy and up to the minute market moving events. The front screen on the trading platform is an attractive design with special attention paid to clarity and ease of use, which will enable traders to make faster trading decisions when intra-day strategies are implemented.

This is also helpful for new traders that might not be fully accustomed to the typical elements of a binary options trading platform. Additionally, the platform offers some of the best tools for risk management of any of the Binary Options platforms I have seen.

Recently a new and improved Spot2 platform was released which still maintains all the high-level features and excellent functionality but adds a new visual dimension and makes it more pleasing to the eye. SpotOption is constantly trying to improve and as a result, they have recently introduced new features on their platform. This means the usability of the platform has increased because now it appeals to more traders. Ladder : This is by far my favorite, mainly because traders can profit more if price goes further in their favor.

Predefined strike prices are given to the trader, in a ladder style:. As you can see the further the strike price is, the bigger the potential profit. This is the feature with the highest profit potential but the risk is also increased because if you take a closer look you will notice that counter-trend trading will bring you the biggest rewards. Nonetheless, the feature is a great addition to the SpotOption platform.

Forex : Now Binary Options traders can get a taste of trading big brother Forex in a simplified and user-friendly way:. The Stop Loss and the Take Profit levels are already set by the platform but they can be adjusted by each trader to suit their needs. The same goes for leverage: it can be adjusted with the click of a button.

SpotFollow or IFollow : According to SpotOption, this feature is meant to make trading more social and to allow newbies to follow the trades of more experienced traders:. Second, I cannot be sure they are even real people. Overall, these new features are a welcomed addition to an already good binary options platform and ultimately they bring more freedom, opening new doors to profit.

The most impressive aspect of the trading platform is its flexibility and clarity of use. Trading choices are divided by tabs at the top of the platform, so the type of option contract can be chosen with little effort.

This is helpful because in some cases is it possible to make mistakes when placing trades especially in short term intraday positions and this level of clarity lessens the potential for opening an incorrect position.

Hedging positions is also possible, which is another nice flexibility feature. The new and improved Spot2 version adds Pair trading which pits one asset against another and compares their performance. In all, the platform is very clearly structured and designed for efficient use. In my experience, the major weakness of the platform was the trading portfolio feature. When opening this feature, active positions are not displayed unless you choose specific data and time parameters.

I found this to be especially troublesome because it gives the impression that there are no open positions when, in fact, there might be. This can be a risky occurrence, especially for short term traders looking to open and close trades quickly. Another negative was the trade confirmation window, which requires you to approve of your trade in a new window before it is actually executed.

While this might be preferable for some, more conservative traders, I consider this a negative as it reduces the flexibility for news trading by limiting trading speeds. Since Spot Option is one of the more established platforms in the industry, it is not surprising to see that they offer some of the newer advancements in platform technology and execution.

This can be seen in the Option Builder field tab, which allows you to determine your option criteria, with asset choices and expiry times. The other platform trading choices can be seen with the One Touch and 60 Second trading choices. The 60 Seconds feature is characteristic of the more modern, internet based trading environment, as these contracts will expire within 60 seconds of execution.

This will be an attractive feature for more aggressive traders, or those trading based on fundamental news releases. The platform itself is web based, and trades can be placed immediately after inputting your log in information which is another aspect making the platform convenient for short term or news driven traders.

One downside is the limited ability traders have to alter the trading station to tailor it to your individual needs or specific asset classes. If this is important to you, you might want to look for another platform. Newer traders, however, without much need to change their trading stations might actually find this preferable, as most of the features are already clearly laid out and easy to find.

Finally, the Platform does offer some of the more common features, such as roll over and double up. This comes along with the double up feature, which allows traders to open a second position, using the same market conditions and price levels. Given the flexibility that is given to short term trading styles with the SpotOption Platform, I wanted to enter into some intraday positions to really test out the strength of these features. Typically, short term trades are not my style or favored approach, but the 60 second trading choice really caught my attention and I wanted to give it a try.

To structure my trade, I first looked at my long term charts to get a sense of the general trend. It was clear to me after doing this that most of the momentum is in the downward direction so I waited for a rally on the short term charts to enter into a 60 second put option. In this case, I waited prices to move up to 1. Once I saw that prices were stalling at 1.

Prices ticked a few pips higher but never broke the 1. Overall, the trading experience in this case was favorable expect for the fact that I nearly missed my entry level because I was forced to approve the confirmation window before the trade could be triggered. Needless to say, I would have been very unhappy if this caused me to miss my position, so I am a little unclear why the Spot Option Platform pops up this window for such short term positions.

Popular Reviews 24Option IQ Option Nadex HighLow Ayrex eToro BDSwiss Binary. com IG OptionRobot Bitcoin Code Tesler App Binary Robot Crypto Robot GreenFields Capital The Bitcoin Trader BinBot Pro The Crypto Genius. SpotOption Platform Review — The most Popular Binary Options Trading Platform The Spot Option trading platform has been in development since which is a relatively long time in comparison to the competition and since then the developers have structured a relationship with Reuters to receive their data and price feeds, which has helped to ensure trading accuracy and up to the minute market moving events.

Predefined strike prices are given to the trader, in a ladder style: As you can see the further the strike price is, the bigger the potential profit. Forex : Now Binary Options traders can get a taste of trading big brother Forex in a simplified and user-friendly way: The Stop Loss and the Take Profit levels are already set by the platform but they can be adjusted by each trader to suit their needs.

Why does SpotOption suck? Platform Technology Since Spot Option is one of the more established platforms in the industry, it is not surprising to see that they offer some of the newer advancements in platform technology and execution. My Trading Experience with SpotOption Given the flexibility that is given to short term trading styles with the SpotOption Platform, I wanted to enter into some intraday positions to really test out the strength of these features.

The charts are too small and hard to read. Too many brokers are using this platform, many of them are not considered as good brokers. All Rights Reserved. Home About Us Our Writers Disclaimer Contact Us. Please be noted that all information provided by ThatSucks. com are based on our experience and do not mean to offend or accuse any broker with illegal matters.

The words Suck, Scam, etc are based on the fact that these articles are written in a satirical and exaggerated form and therefore sometimes disconnected from reality. All information should be revised closely by readers and to be judged privately by each person. We use cookies to ensure that we give you the best experience on our website.

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At first, the technicalities of binary options trading can seem unimportant. The feature that really sets this platform apart from both NADEX and CySEC regulated brokers is slippage control. When opening this feature, active positions are not displayed unless you choose specific data and time parameters. Stellar Finance review found out that this account provides a personal trading advisor and two weeks of free trading signals. Disclaimer : This website is independent of binary brokers featured on it.

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