All about binary options platform white label

All about binary options platform white label Subscribe to our daily newsletter and get the best trading signals and markets status updates. Start Trading with FBOS now. Increase your revenue without spending any money or time and without giving up your main activity. We will examine the peculiarities and potential of your business and offer you the most remunerative cooperation terms. To participate in the White Label program by FBO, fill in the online form and our manager will contact you within 24 hours. Monitoring Billing Risk managment CMS Marketing Analaysis & Reports CRM. Advantages of working with FBO: Remunerative terms of work in highly profitable financial business Popular payment solutions and highest business automation Wide opportunities for setting out your own trading conditions Comprehensive marketing support of your business Professional advice by our experts 245 Efficient statistics and reports. The company’s activity is regulated by the FSA (“Seychelles Financial Services Authority”). White Label Platforms. White label trading platforms dominate the binary options market. 90 percent of all traders trade with them, even though most of them may not know it. This article explains what white label brokers do, their prices and costs, and why you need to understand them. This article will answer these questions: What Is A White Label Broker? What Do White Label Brokers Provide? The Problems With White Label Brokers Which White Label Brokers Are There? Should I Use A White Label Broker?

What Is A White Label Broker? White label brokers have an interesting business model. They provide everything a broker needs from banking to trading software, but they allow other people to put their branding on their products and sell them to the end customer. When you trade with a white label broker, you may not know it. All you see is a normal trading interface, a typical broker branding, and a perfectly normal website. However, this is everything the broker does by themselves. The entire rest of their trading platform – everything you don’t see that makes the technical side of the business work – is run by a white label broker. White label products are a century-old fixture of the business world. Today, many Chinese firms sell white label products that are branded by their Western partners because they sell more items this way than by selling them under their own brand. Among others, this applies to mountain bikes, tooth paste, and electronics. Even the investment world has seen many white label solutions. For example, when CFDs became popular, many established brokers and banks wanted in on the growing market without programming their own solutions. White label CFD brokers allowed them to offer the service to customers without having to develop their own products – a win-win situation. Binaries A Logical Step. Adapting the same idea to binary options seemed like a logical step.

Creating a trading platform is a difficult and expensive process and there are many requirements that the platform has to deliver. Prices have to be on time and exact, the execution of trades has to be spot on, and customer management and customer support require huge systems. A single mistake in one of these areas could land someone in jail. In this environment, it makes sense that new brokers decide to purchase their systems from a trustworthy source with a lot of experience. White label brokers make up almost the entire binary options market. Of the many, many binary options brokers, only a handful uses their own trading systems. All other brokers use the systems of white label brokers. There are hundreds of brokers but only about a dozen trading platforms (though these numbers keep changing). What Do White Label Brokers Provide? White label brokers provide all the systems that you need to create a binary options broker. In detail, those systems are: The trading platform is the part of the broker that traders use to invest. Good trading platforms are difficult to create because they have to provide accurate analysis tools, precise prices, and simple investment opportunities. Each of these complex systems requires huge amounts of data and takes a lot of time to program, which is why many new brokers are reluctant to program their own platforms. White label brokers provide platforms that brokers can use.

They also allow them to adapt them to their needs. Every broker can apply their own styling, choose the colours, and adapt the layout of the platform. They also select which trading tools to offer, which assets, and which analysis tools. White label brokers offer the toolbox that new brokers can use, but the brokers decide how to use them. Content Management System (CMS) Brokers need a website on which they display the newest information, their businesses, and a signup form. These websites are created with content management systems. Content management systems are complex programs that allow you to easily manage your website. Once you have such a system, managing your website is easy. But programming it is complicated, time-consuming, and expensive. This is why most brokers prefer to buy pre-made content managements systems. White label brokers offer these systems, including special features for binary options such as economic calendars. When you look at the websites of binary options brokers with this knowledge, you will find that many of them are similar in structure and content. These brokers all use the same white label broker.

Customer Relations Management (CRM) Customer relations management is a necessary but expensive part of any business. Answering customer requests requires a lot of man power, and for small businesses, it is disproportionally more expensive than for larger ones. For new brokers, it makes sense to outsource the task. Otherwise, they would have to employ several customer service people with their first customer – which would ruin them. White label brokers allow many brokers to share the same customer relations management. This system reduces overall cost and allows even new brokers to offer 247 customer support via email, phone, and live chat. Payment Solution Integration. When you accept online payments, there is a lot to consider. New brokers need a secure, unhackable system that is easy to use and works in combination with as many payment options as possible (Skrill, Paypal, Wire transfer etc). Such systems are complex and expensive to create. Therefore, it makes great sense for new brokers to buy pre-made systems.

White label brokers offer payment solution integration. This means they offer pre-made systems that can handle customer payments and withdrawals, automatically book deposits to the right accounts, and make sure that the money is safe. Their customers get a better, safer system that is still cheaper than if they did everything on their own – a winwin for both sides. Risk Management Solution. Starting a new binary options broker can be risky. In the worst case, a new customer deposits a lot of money, invests everything in one trade, and wins. This could ruin the broker. When brokers become bigger and have thousands of customers, they will experience less volatility because the actions of many traders will even out more. But to survive the start, they need a good risk management solution. Platform providers offer brokers pre-made risk management solutions that allow new firms to easily start their new businesses without risking an early bankruptcy. For brokers, these systems are the insurance that guarantees their survival, which is why many brokers use them. It would almost be foolish not to do it. These advantages show why white label brokers are so popular.

Especially trading sites that already offer other trading styles such as stocks or CFDs can use white label brokers to easily integrate binary options into their system. These brokers already have the branding they need and can attract an entirely new group of customers with a few simple clicks – why would they reject this opportunity? The Problems With White Label Brokers. So far, the point of this post was that white label systems are a great idea – in theory. That is why they have been around for decades in all types of industries. The point we will make now is that things are a bit more complicated with binary options. While there is nothing wrong with white label brokers in general, a few black sheep have found their way into the binary options world. Their only goal is to scam traders out of their money, which they do in increasingly inventive and sometimes downright criminal ways. Where a white label broker is exposed as dishonest, it is a simple process to close down, and start again under a new name with the same platform provider. The larger providers in the business did little to stop this happening. Some would argue they were complicit in it. When you sign up with a white label broker you increase trading risks – the broker is less likely to be regulated, be properly financed or be trade honestly. Due to the speed with which these brands can be setup, risk of fraud increases. Our scams page highlights some of these issues, but the risk is much greater when using a white label. Which White Label Brokers Are There?

Currently, three white label brokers dominate the binary options market – SpotOption, Tradologic and TechFinancials. Together, their market share is around 90 percent. Since all three brokers are fundamentally different, it pays to understand their unique characteristics. White Label Broker #1: SpotOption. SpotOption is one of the major players in the binary options scene. They provide all systems that you need to start your own broker and follow an aggressive marketing approach. SpotOption founder Pinchas Peterktzishvilly, alias Pini Peter, has a cloudy financial past, and their marketing services promote binary options as a financial game rather than as an investment opportunity. The unique characteristic of SpotOption is that it offers only offering binary options. Other white label brokers also offer other financial products, for example CFDs and spot forex. These white label brokers have a longer history of offering reliable trading and payment solutions.

SpotOption started by promoting binary options as the ideal mix of gambling and investing. They have a different background, different goals, and a different business ethic than most other white label brokers. SpotOption’s most prominent customer, BancDeBinary, had to close in 2017 because it faced numerous legal issues in countries all around the world. This alone speaks volumes. There are hundreds of brokers that use the SpotOption platform. The most prominent of them were: White Label Broker #2: TechFinancials. In contrast to SpotOption, TechFinancials offers many white label financial products, including CFDs and spot forex. The broker has been around for longer and has had time to develop more legitimate business practice. White Label Broker #3: Tradologic. TradoLogic is the smallest of the three big white label brokers. The best known Tradologic brand is Option Bit, but there are few other brokers that use the TradoLogic platform. Should I Use A White Label Broker? We recommend treading very carefully with these types of brokers.

While there is nothing wrong with the basic idea of white label services, there seems to be a difference between how these brokers market their products to people who want to start their own brokerage and how those people market them to the end customer. End customers are often lured in with promises of great investment opportunities and financial gains. But the white label brokers themselves talk more about the gaming aspect and how they have structured their products to lose traders money. The simple truth is that there are plenty of other brokers out there that use their own trading platforms. Those brokers offer better opportunities for long-term success than white label brokers. In our top list, you find the best of them. They are all government regulated and provide a secure trading environment. We recommend choosing these brokers over white label brokers. Binary Options Platforms. There are hundreds of binary options trading sites, with new ones appearing each month.

Nearly all of those that accept US customers use one of five binary options platforms . Some brokers use white label versions to make it appear as if they made and own the platform. Many traders are wondering if trading at TradeRush is legit But similar to online poker sites, the majority of binary options brokers use platforms designed by a small group of well-regarded platform providers. Our goal on this page is to provide an overview of the top five binary options platforms . We’ll highlight a few noteworthy features of each so you’ll have a good idea regarding what to expect. You’ll also learn which binary trading sites use which platforms, and how to choose between them. Top 5 Most Common Binary Options Trading Platforms. The five platforms described below share a lot of similarities, such as the option types they allow you to trade. Some offer unique features, or provide different “flavors” of features offered by all of them. Spot Option Platform – A couple notable features separate this platform from the others.

First, it allows you to view the “Most Traded” binary options. Second, it offers a feature called “Options Builder.” The platform lets you tailor your contracts to suit your trading preferences. It pulls in live feeds from Reuters and other providers, and presents the information in a well-organized fashion that makes the data easy to absorb at a glance. Several US binary options brokers use the SpotOption platform, including Ikko Trader, Banc de Binary, and TradeRush. Tech Financials – Powering binary option giant, 24option, this platform offers an easy and intuitive trading experience. You can trade 60 second options and longer. The platform does not require any downloads and is compatible with almost all mobile devices. There are apps available for iPhone and Android. Tradologic Platform – This platform is relatively versatile in that it supports binary options trading in stocks, currencies, commodities, and several indices. You can also trade the most common option types (touch, no-touch, up-or-down, and range options). The interface is simple and easy to use, though some traders may find it too simplistic, and wish for more data.

One of the drawbacks to the Tradologic platform is that it does not currently provide rebates for out of the money contracts. It is used by OptionBit, a broker that accepts US binary options traders. EZ Trader Platform – Launched in 2008, this was one of the first online binary options trading platforms. Like SpotOption, it pulls in feeds from Reuters, though the manner in which it displays the data is very different (it has a minimalistic feel). You can trade commodities, currencies, stocks (US, EU, and Asian markets), and major indices. EZ Trader uses its own platform to offer binary options trading to US customers. The information above can change as brokers migrate from one platform to another. We’ll keep this section updated to reflect the most current information available. Top-Rated US Binary Options Brokers. If you’re just getting started with binary options trading, see our list of legitimate, reliable binary options brokers.

We recommend the trading sites for several reasons. Each one is reliable and has an established track record of sending out timely payouts. Each offers a variety of option types for the major asset classes. We also like the manner in which they present data along with the ease of use they seem to prioritize. Whether you’re new to binary options trading or have been executing trades for a few years, we’re confident you’ll enjoy the following six brokers. If any of the brokers listed above switch binary options platforms, we’ll update this page. In the meantime, we suggest test driving each one. It only takes a few minutes to get started making a profit. What Are Binary Options White Labels? If you have experience of the world of binary options or have spent some time looking for an account then you will no doubt have spotted a lot of similarity between the various brokers that occupy the market space. You could be forgiven for thinking that there is actually very little to choose between many of the brokers out there. While competition has driven the demand for similar trading features, much of the similarity is the result of what is known in the industry as ‘white labeling’.

In this article I talk a little more about what this means. White Label Solutions. A White Label is a product that is produced by one company and then sold on to another, allowing them to make use of the original product and features while branding it as their own. In the case of Binary Options, this is the online trading platform. The software based trading solution subsequently packaged and re-branded allowing a new company to quickly come to market and offer a fully featured binary options trading solution. Since inception the binary options industry has become awash with white labeling opportunities. Notable providers of this service include SpotOption, Tradologic, MarketsPulse and Techfinancials. Each of these companies provides a dedicated binary options solution that offers the opportunity for the respective platform to be white labelled and taken to market by a prospective broker. Bringing a new binary options broker to market using this technique is actually very straightforward. Setting up a new broker only requires a relatively small investment in order to fund the venture.

In many instances this may be as little as $15,000-$25,000. This is used to pay for the licensing requirements and any particular customization’s that are required. Providers will generally help the broker with the setup of the software, front and backend integration, as well as providing ongoing maintenance and support for a fee. Other than this all that is needed is for the broker to determine their own branding and put in place a marketing campaign to attract new clients to their platform. The relatively low barriers to entry when it comes to setting up a broker has helped to fuel an ever increasing number of new ‘start up’ brokers entering the market place. As a result there are now well in excess one hundred different brokers to chose from when opening an account. This number is added to daily as the potential for building a profitable business from binary options is huge. Running a brokerage operation has high rewards if you are able to build sufficient clientele and maintain a good turnover in contracts. This glut of brokers that has been fueled by white labeling has however proved to be something of a double edged sword. While it increases competition within the market, it has also lead to a number of ‘undercapitalized’ companies being formed. While many of these are by necessity regulated, they exist in something of a ‘grey’ world’ and are often targets for accusations of price manipulation and poor customer service when it comes to withdrawals. This can spell trouble for traders. A large amount of commonality exits between the different platform providers as they each seek to meet the trading requirements of ever more sophisticated and demanding traders. Key features such as short term contracts, Rollovers, Double Ups and mobile trading are now almost universally available should the broker wish to offer them to their clients.

Picking a broker is not simply a case of deciding on which platform to chose. The increase in the number of white label brokers mean that traders are often left sifting through large numbers of ‘me too’ white labelled offerings that offer little to differentiate themselves from their competitors. The result is a crowded and confusing marketplace where the decision on which broker to use has become unnecessarily complicated. Once the broker has established their brand and set their trading solution live, the only way in which they can differentiate themselves from their competitors is by offering a better service to their client. In fact in many instances, the only areas in where brokers do differ is when it comes to support. Offering educational materials, market updates and trading ideas is just one example of the value that a broker can offer their clients over the typical white labelled trading platform. Many of the more established brokers are strong in this area. They will provide materials that can really add value , such as tutorial videos, eBooks and regular Webinars. Although on the surface, the wide range of white labelled brokers looks to offer increasing choices for the trader, the reality is that it simply crowds the market place with too many similar offerings. While there is nothing to suggest that you shouldn’t trade with any of the new entrants to the markets, the question surely has to be, why would you? Given that most only offer the same trading platforms as man of the more established brokers, there would seem little incentive to open an account with them, given they are often an unknown quantity with little in the way of a track record or indeed, resources. There is an old saying, ‘better the devil you know than the one that you don’t’. When it comes to depositing your money in a trading account, we recommend that you stick with established trusted brokers so that you know they it will still be there the next time you go to trade.

More From Binary Options Investor. Latest Posts. About. Trading on the financial markets with Binary Options has significant risk. You could end up losing all of your deposited capital. Before trading you should thoroughly familiarize yourself with and accept the risks involved. If you are unsure as to whether this form of trading meets with your objectives then please seek independent financial advice and refrain from acting on any information on this website. Please read our Risk Disclaimer for more information. What Is a whitelabel October 5, 2016. A white label is an independent operator that chooses to receive a license to use the SpotOption software. With the purchase of this license, operators receive all of the programs and services that SpotOption offers, fully branded to the look and feel of their choosing. This can either be as an independent operation or part of an already existing brand. The White Label will then begin collecting revenues, and share a portion of it (commission) with SpotOption for providing them with their ongoing service and technology.

Receive a turnkey solution Saves costs on IT infrastructure, development, and staff Establishes a presence in the popular and growing Binary Options industry Affordable with minimal upfront costs 247 first class support from our staff State-of-the-art design aimed at your target market Integration to the hottest trends in trading including live chat, news, charts, and market analysis Management by industry’s top financial and technical professionals. White Label. The Option888 White Label Program offers many advantages to companies or individuals looking to get involved in the binary options industry. From start to finish, our team is there to help you take full advantage of your existing customer base with the most robust binary options trading platform available. Offer a New Form of Trading. Whatever your current offerings, the Option888 White Label Program allows you to easily add binary options to your portfolio. This new and exciting form of trading is gathering momentum every day, and using our white label program you will be able to leverage this new market within a month. Your existing customers will gain access to our robust binary options platform, creating a new source of revenue for you. At the same time, potential customers will be drawn by the allure of this highly-dynamic form of trading. Become An Established Presence in the Binary Options World. With the Option888 White Label Program you will be able to quickly and effectively build a name for yourself in the world of binary options.

We give you the right to use and distribute a customized version of our platform, integrating your own company logo and brand. At the same time, we also give you a number of high-quality support systems and administration tools, so that you can run your new business well from day one. The Option888 platform is extremely robust, offering a suite of features to make your customers’ experience seamless and fun. We understand that one of the appeals of binary options is its simplicity, and our system keeps the entire transaction process simple. Our order management tools are intuitive and easy to use, but the system doesn’t t end there. The Option888 platform also offers an extensive set of research and informational tools, including real-time analytics, news updates, and accurate asset charts. These are all offered to clients for no charge, giving you an excellent value-add to pass on to your customers. Our commitment to you doesn’t end at giving you an exceptional product. The Option888 team is available to our White Label partners to help ensure your execution of our system is effective and trouble free. At the end of each month we provide you with comprehensive statements for your clients, fee reports, lead generation reports, full commission reports, and more. Additionally, our customer support team is there to help troubleshoot any problems you may have with the system, as well as to offer marketing support to help you better promote our binary options products. Options Trade on your mobile device now. In order to trade on your mobile device, please download our applications. Option888 Available on mobile and tablet.

Find in Apple and Android store. All about binary options platform white label In the world of Fintech technologies, Tradesmarter is leading in providing mobile trading experience tailored forbrokerages, financial institutions and trading platforms. TradeSmarter institutional-grade trading systems enables these top financial companies to unleash a new era of competition, innovation and job creating productivity. Redefine mobility with professional-grade tools designed especially for mobile. Android and iOS apps let you monitor and trade on the go. Tradesmarter Back-Office. Our full backoffice enables financial service organizations like yours to establish, build and sustain excellent relationships with new and existing clients. Automate sales campaign prompts in all areas of your marketing process and analyze your customer base. Tradesmarter’s new WOW platform is the result of a research and development project spanning 12 months which resolved one of the most difficult problems of the online trading industry – The different technology, functionality and appearance of trading platforms across devices. Affiliate Tracking Software. If you can’t measure it, you can’t improve it. Tradesmarter’s Affiliate Platform tracks your affiliate programs front to back. It captures clicks, leads and conversions sent by your affiliates.

It also automatically assigns commissions to the right affiliate. Our intuitive reporting tools help you to strategize growth. White Labels. Starting Your Own White Label Binary Options Brokerage With Binary Options Platform Providers. Today, reputed and leading binary platform provider offer plenty of opportunities for white label trading to brokers. Simply put, a white label is basically a product designed by a company which is sold to another, enabling it to use the products under its own brand name. With regard to binary options trading, the online trading platform serves as the white label product. So, if you’re a broker who is looking for an exceptional binary trading platform to re-brand package as your own then turn to Binary Platform Providers. The companies offer a wide range of online trading features to brokers, allowing them to cater to the needs of their traders. Here, find out how you can start your own white label binary options trading platform with assistance from Binary Options Platform Providers. Why Binary Options Platform Providers?

Binary Platform Providers provide online brokers with an efficient and outstanding white label solution. They have a comprehensive range of trading services for brokers who need to meet the requirements of their targeted traders. Hence, binary brokers who intend to boost their own brands or want to promote a fresh binary options trading brand can get in touch with Binary Options Platform Providers and acquire appropriate licensing for catering to the needs of their traders. Operators and binary options brokers who are searching for a quick and convenient way to enter the binary options industry can easily rely on the Binary Options Platform Providers platform and use it to offers diverse trading solutions to their members. The Binary white label solution is excellent for brokers who require affordable and higher revenue generating binary trading. Their team of highly professional and dedicated team aid brokers in managing their entire set up. Thus, they help brokers design their binary options website and add advanced technological trading features for targeting potential traders from all parts of the globe. Benefits of the Binary Options Platform Providers White Label Platform. The Options Platforms are apt for brokers who are searching for simple yet effective binary options trading platform. It is quick and efficient platform, which is easy to use and navigation. The Binary Options Platform support hundreds of binary options trading brokerages today, which makes it an ideal choice for professional and dedicated brokers. Apart from this, the platform offers excellent guidance and aids binary options brokers in designing a fully branded trading platform for their users.

A Binary Options Platform Providers website is appropriate for any broker who is looking to acquire extensive knowledge around binary options trading products and industry in general. Great News: As the only and first binary options technology platform to feature in the London Stock Exchange AIM market, TechFinancials focuses on offering simple and easy to understand trading features for experienced as well as novice traders. Additionally, the TechFinancials platform is ideal for brokers who brokers who want to trade binary options as well as ladder and forex options too. Starting a Binary Options Brokerage. In today’s world of technology, it is possible to start a binary options brokerage in a very short period of time. However, what does the process entail? Here, we have some of the key steps that need to be taken. Costs vary between one platform provider to another, these are only estimated prices. Step 1 – Legal Registration. The first step for starting a brokerage is to open a bank account and register a foreign company as this is required before you can start to organise the activities of a binary options broker.

Help will be needed at this stage and there are many specialised companies, that offer years of experience, to be found. Furthermore, all the documents necessary to the business will also need to be prepared. This first step should only take a couple of weeks and the cost can vary depending on what professional help you seek costs could rise to $3,000. When it comes to the website, it should be kept simple with nothing fancy except an option to enter the web terminal. Important information can be included but the main role of the website is to welcome people to the terminal so the link is perhaps the most important factor here. Again, websites can be created alone or professionals can be called to help. Remember, you will need a memorable, sensible company name, a decent logo, and a smart design. If you don’t think you can do it alone, there a thousands of professionals that can help from setting up the website to the actual design of your logo. This second step will only take a couple of weeks and the cost will vary again depending on whether you choose to pay for help costs could reach $1,000. Step 3 – Web Terminal. With the web terminal, one of the most important factors to consider is speed because if customers cannot access it quickly enough they will soon click away the terminal needs to open on a separate subdomain and it must allow customers to sign-up with a single click of the mouse. Ultimately, from the consumer point of view, trading binary options needs to be fast and convenient.

For this reason, there shouldn’t be an excess of windows or clicks everything should be accessible within one or two clicks. If possible, the goal is to have absolutely everything in one simple window whether it is a quick purchase option, managing an account, viewing statistics, or anything else. Of course, you will also need a place for customers to create an account and deposit funds and by using bright colors here, you can increase your chances of converting visitors. A high-quality web terminal will take around a week and can cost up to $10,000. For the web terminal to be successful, customers must be able to deposit funds cleanly and quickly. To have this happen, you will need to apply to one of the main payment systems which will require an application process. The final step of your brokerage should take around a week and could cost nothing, although it could reach $1,000 depending on the circumstances. Binary Options SCAM Warning! SCAM WARNING : You must be very careful when trading with any binary options broker, many of them that seem to be legit and even have a license turn out to be a scam. When first depositing with ANY binary options broker first deposit only the minimum deposit. Try not to take ANY bonuses! After making some profit from your first trades ask for an immediate withdrawal. If they call you on the telephone and ask you to for LARGE deposits just say NO. Only after making your first withdrawal from profitable trades you can start to trust the broker. All about binary options platform white label When you are starting out with binary options, it is easy to confuse the terms “broker” and “platform,” but they are two different things.

Your broker is the company that administers your trades and stores your trading funds. The platform is the actual software which powers the trading capabilities of a given website operated by any particular broker. Most brokers actually only use several different software platforms for binary options trading. Best Trading Platforms – Underlying Trading Software Powering The Brokers There are three main platforms: SpotOption, TechFinancials, and TradeSmarter. Almost all binary options brokers use one of these three. *Several firms have their own proprietary trading platforms. What binary trading platform providers do is provide a “white label” solution for approved brokers. This is why many binary options websites look almost identical. They all use the same software platform and just re-brand it with their own unique graphics, colors and what have you. These brokers all start out with the same interface and the same software, and then re-brand the software and the websites with their own company logos, colors and features. The longer a broker exists, the more distinctive its website will generally appear, since the company will have had more time to augment and change the existing features. The software interface will usually look and function identically however, since it is still the same set of code and features underlying everything else. Which Broker Uses Which Trading Platform?

Which Binary Option Broker Uses Which Platform. SpotOption is such a popular platform it is practically synonymous with binary options trading. If you have spent any length of time researching binary options brokers, you have almost certainly seen SpotOption again and again. The platform is easy to read at a glance, presenting binary options in a manner which even a beginning trader can instantly understand. Many of our favorite binary options companies use this software. Here are a few: SpotOption platform powers the following sites. Those are just a small selection of brokers who use the Spot Option platform. We have listed those four specifically because they are all on our highly recommended broker list. Out of the big three, TradeSmarter appears to be the least common binary options platform, but you will still find a number of brokers which choose to use this software. The platform is flexible, simple to read, and easy to use, and offers a variety of expiry periods, multiple asset views, a number of different types of trading (One Touch, Barrier, etc.), and other useful features.

Here are some brokers which use TradeSmarter: And there are a number more. None of our favorite brokers use this platform, but there is nothing wrong with the platform itself. It is very similar to TechFinancials and SpotOption. We just have yet to find a really promising broker which happens to use the software. The next most popular binary options platform is TechFinancials. You will run into TechFinancials pretty often while you are researching binary options. TechFinancials looks a little different than the other binary options platforms you will notice that the format is somewhat more “collapsed.” You will see a lot of options listed on a single page, and when you click on one, you will see the graph and the controls for that option expanded. While the format may not be as easy to read on first glance, you will find it easy to adjust to. You can also see a lot more options at one time, which makes it easier to navigate between them and search for options which interest you. Here are some brokers which use TechFinancials. These are just a few there are many more brokers who use this software. 24option is among our highly recommended brokers. Check them and enjoy their ease of use, great customer service, and other excellent features.

Some binary options brokers do not use white label software instead, they offer traders the use of their own proprietary software. These brokers feel that they can provide better service and more innovative features if they do their own coding. One of our favorite binary options brokers is StockPair ( stockpair. com). StockPair is an example of a broker which uses proprietary software because none of the white label providers can provide what they need in order to offer customers their full range of services. On StockPair, you can profit from the movement of one stock relative to another, kind of like trading currency pairs. This is a unique type of trading which other binary options brokers do not offer, and which white label software like SpotOption does not currently support. That is why StockPair had to develop their own platform for stock pair trading. Now you know the major brands of binary options platforms and have a basic understanding of how white label brokers work. After you research enough binary options brokers, you will probably learn how to recognize most of these platforms on sight. If you want to know which platform a particular broker uses, you can sometimes find it listed at the bottom of the page, or you can contact customer service and ask.

To learn more about these brokers, you can see our mini binary options brokers reviews and get the details on where to trade. The Hidden Costs of White Label Binary Options Brokers. For new traders with an interest in getting into options, binary options are a great place to start. Binary options simplify the variables involved in making an investment. Binary options allow an investor to make a simple prediction: will the price of an asset increase by a certain date? Unlike traditional options, losses are capped with binary options to equal the cost of the option itself. They can be traded on FOREX, NADEX, and CBOE (Chicago Board Options Exchange). Investors can purchase options that expire several hours in the future, weeks, or months. Because of their simplicity, many inexperienced investors pursue binary options. Many new investors also make the mistake of using white label binary options brokers. White label brokers are less trustworthy and more expensive. New investors should avoid white label brokers. A white label broker is a small broker who buys trades from a bigger broker and pays the bigger broker a fee for being able to use their platform. The large broker can buy trades in bulk, at a discount.

Then the smaller broker sells those trades to individual traders. The smaller broker often takes on marketing tasks while the larger broker manages the buying and selling aspect of the business. As individuals, or a group of individuals, white label brokers often lack experience. Their motive is to create a brand of their own. Essentially, their entrepreneurs who aspire to start a brokerage house. They’re the middle men and women between you and the large brokerage. They claim that they value they add is investment experience, and know-how. Before using the services of a white label broker, it’s important for new investors to ask themselves what the white label broker brings to the table. Are they experienced? If so, what knowledge have they acquired that’s relevant specifically to binary options trading? Binary options trading is a relatively new investment vehicle that has only been commercially available for a decade.

What binary options strategies does the broker bring to the table, and what lessons have they learned over the years? These are all questions that should be asked of a white label broker. White label brokers stay in business by marking up the cost of options trades, and by charging fees for their services. Often, white label binary options brokers tack on an additional $200-500 to the cost of opening an account that reputable brokers do not charge. When opening an account with a white label broker, a beginning investor should read the fine print when it comes to the fees involved in placing a trade, using that broker, and seeking advice. Often, there are hidden costs that the borkers tack on to keep themselves in business. While some fees are reasonable, if they do not justify the added value the broker delivers to trades, then it should be disputed or bypassed altogether by going with a more reputable broker. White label brokers often offer bonuses to their investors but with the string’s attached requirement that the investor purchases up to twenty times as many options as they initially intended to buy. Such bonuses are not as much of a benefit to the investor, who may be spread too thin by making such a huge bet at a singular point in time, but they are a benefit to the white label investor. By purchasing in bulk, a white label investor gets a discount from the larger broker managing the trades. New investors should examine the costs and benefits of a bonus before agreeing to place multiple trades at once.

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