Analysis of binary options trading platform provider
More and more binary option brokers are using a platform developed a third part provider. These software companies are called binary option technology providers and the brokers using their trading platform are called white label brokers. The outsourcing of the trading platform enables brokers to focus on client support and banking security.
Furthermore, it has now been proven that third party binary option platforms are more efficient and more reliable than proprietary platforms. On the downside, with label brokers are king of dependant on their respective technology provider if they want to add a new service or product to their binary option trading platform.
After years of competition, 3 very large technology providers have emerged has the leaders of binary option trading platforms: Spotoption, Techfinancial and Tradologic.
Even within this top3, SpotOption is far ahead with more than brokers using its binary option trading platform. SpotOption recently announced that the number of Spotiotion mobile application downloads reached 5 million when cumulating all the different application stores.
Reliable brokers using the SpotOption binary option trading platform: Banc De Binary , OptionRally , 10Trade , CherryTrade ….
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Techfinancials trading platform review and features: Reliable brokers using the Techfinancials binary option trading platform: Tradologic trading platform review and features: Brokers Using Tradologic Platform: OptionStars , ZoomTrader and OptionBit. Nevertheless, some leading brokers, that were the first to enter the market in , built their own binary option trading platform.
Most of the time, they are the brokers that have the best reputation since they were able to overcome all the obstacles of building a reliable and efficient platform. The big advantage is that they can now differentiate themselves from the hundreds of brokers using the same binary option trading platforms.
Among these brokers that built their own trading platfroms, 24option , Anyoption and Topotion are the most famous and reliable. We also recommend you to read our multiple educative articles where we give many binary option trading tips.
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Binary Option Trading Platform Review — SpotOption, Tradologic, etc. Charles Beaujoire More and more binary option brokers are using a platform developed a third part provider.
Who are the binary option trading platform providers After years of competition, 3 very large technology providers have emerged has the leaders of binary option trading platforms: Review of the most popular binary option trading platforms SpotOption trading platform review and features: Banc De Binary , OptionRally , 10Trade , CherryTrade … Techfinancials trading platform review and features: OptionStars , ZoomTrader and OptionBit Some brokers built their own binary option trading platform Nevertheless, some leading brokers, that were the first to enter the market in , built their own binary option trading platform.
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