The Binary Option platform is the system or technology used by a particular broker. There are several companies that develop sites that allow for Binary Option Trading. The overwhelming majority of Binary Option Brokers are “white label” products. This means they are just using the technology or trading platform of one of these six sites and re-branding it with their own name.
It is therefore important to have an understanding of the different platforms, how they operate and what features they offer. A description of the different platform features can be found on the trading features page. Once you decide which platform makes the most sense for your trading needs it becomes much easier to choose a broker.
Some of the companies that offer Binary Option Platform are as follows:
Spot Option began development of their binary option platform in 2008. They receive market data feeds from Reuters and other providers.
Spot Option offers their customers the following features:
Spot Option also offers a ProTrader screen which allows for for detailed graphs and charts.
The Any Option binary trading platform is used exclusively by their own binary option broker AnyOption. Like the other binary option platforms on the market they are web based, meaning a user does not need to download any software, and they receive their market data from Reuters.
Any Option offers binary options for over 50 underlying assets including index, forex, commodity and stock options.
AnyOption offers customers the following features:
The Tradologic platform supports about 18 binary option brokers, including OptionBit. Their platform is based upon 3 main types of trading strategies, which they call Digital, Touch, and Range. Trader can choose options from a selection of Currencies, Indices, Stocks and Commodities.
Optionfair is a trading platform which supports its own binary option broker. OptionFair offers Up/Down, Touch/No Touch and Boundry trading. Trader can choose among an assortment of Indices, Currencies, Stocks and Commodities.
OptionFair offers customers the following features:
The brand new Leverate BX8 binary options trading platform is currently only available at new binary options broker Trade Thunder. Leverate has taken what it learned from its incredible success in the forex world and translated that into a user-friendly and visually stunning trading broker for binary options traders.
Among the features of the new BX8 platform is how all of the charts, prices, stats, asset lists and information can be found in the main platform trading screen. This will allow traders easy access to all the information they need to make the best trades. There is also a brand new trading feature known as OneClick Trading – allowing traders to pull the trigger on a trade with a simple click of the mouse.
Leverate offers the following trading features:
Currently, the Leverate BX8 platform is available exclusively at Trade Thunder.