• Category: Tools

SpotOption Review

SpotOption2: Trading Interface

The world’s leading binary options brokers are powered by SpotOption, the most popular trading platform available today. SpotOption’s new platform, Spot2, aims to offer the ultimate trader experience with its clean, intuitive and technically advanced platform.

SpotOption Review 

As a leader in the industry, SpotOption enables binary options operators to stay ahead of trends and to keep up with the latest technology in financial markets trading

SpotOption2: TRADING INTERFACE

The SpotOption trading screen is markedly clean, intuitive and user-friendly. The sleek interface offers an attractive design that makes trading, even for beginners, easier and consistent. From the screen, users can access risk management tools that allow better and consistent decision making as traders navigate the market even during periods of high volatility.

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OPTION BUILDER

The new Option Builder has been restructured and renovated and works quite differently from the old, clunky one. Traders can now seamlessly customize their own traders by choosing their payouts and expiry times. Option Builder works to meet the goals of the cautious trader and the risk taker as well.

A particularly impressive feature is the ability for traders to seamlessly switch between the option Builder, One Touch and Binary Options tabs.

Binary options providers who use the SpotOption platform are able to provide different types of exciting trades. These include:

FEATURES

One Touch

With the One Touch feature, traders can earn a percentage of their investment if the price of the underlying asset reaches the target price once in the following week. While this type of trade is challenging, the attractive payout makes it worthwhile. 

60 Seconds

This type of trade has a very short expiry rate of 60 seconds and it is attractive to investors who are in it for the fast action. With the SpotOption trading platform, traders can enter multiple positions and receive the result of their trade in 60 seconds or less.

Roll-Over, Double Up

With these two features, traders can enter larger positions and therefore maximize their profit potential. Roller Over lets the trader pay a small fee to delay the expiry time while the Double Up feature allows traders to leverage new market conditions by recreating the same previous position.

Sell

The sell feature allows the trader to sell back the option in exchange for a lucrative asking price while the pair feature lets traders invest in one asset against another one.

Spotfollow

SpotFollow adds a social dynamic to trading as it enables traders to learn and emulate other traders’ positions and trading strategies.

SpotWiz

Using an easy to use, intuitive wizard, traders are able to develop their own trading strategies. Traders have an option to sell or buy strategies as well using the SpotWiz feature.  

Ladder

The ladder feature brings more excitement to trading as investors access many strike prices and multiple corresponding payouts for the chosen positions. This makes it possible to enjoy high payouts even for trades with a shorter expiration time.

TradeOn!

Binary options providers using the Spotoption platform are able to let traders invest any time even when the markets are closed, including holidays and in the weekends.

MOBILE TRADING

Some of the best binary options providers are those who offer mobile trading capability. SpotOption makes it possible for providers to offer traders the option to trade on the go using their Android or iOS phone.

Lastly, brokers who use SpotOption are able to provide a wide array of trading assets and education material to diversify and simplify trading respectively.

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