Binary Options Robot Integrates a New Broker

Binary Options Robot

One of our recommended automated software for trading, Binary Options Robot, has always been keen on assuring the diversity of brokers choice on their platform. And just recently this month they have announced their newest addition to the list of brokers available their traders. According to Binary Options Robot official website, it has welcomed TraderVC.

Naturally, we wanted to know more about this new broker on one of the most popular binary options platform. Keep reading for more details.

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What is TraderVC?

TraderVC is known as a broker that specializes in investments related to commodities, stocks and currency pairs. According to Binary Options Robot website, it has a good reputation and is very committed to providing an optimal trading experience for its clients.

All broker information provided on the robot website is very transparent and detailed so that traders can choose the most suitable broker for them. As for Trader VC, we can find out quite a lot. First of all, a minimum deposit of $250 is required when trading with it and a minimum trade is just $5. Users can choose among many payment methods such as credit cards (Maestro, MasterCard, Visa), e-wallets (Skrill, Neteller, PayPal, WebMoney), wire transfer.

TraderVC Deposit and Withdrawal Policy

Before the first deposit can be made, TraderVC requires its users to be registered and verified. This is quite unusual since other brokers mostly ask for verification before the first withdrawal but also characterizes the broker well. After verification, the user can choose any of the payment methods mentioned above as well as a preferred currency (GBP, EUR or USD).

According to the given information, withdrawal request might take up to 10 working days until the money appears on a bank account. The first withdrawal each month is free and any additional one has a $30 fee.

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How to Register with Binary Options Robot and Open TraderVC Account?

If you don’t have A Binary Options Robot account, the first step should be registration. It takes only a few moments and all you need to do is to provide your basic information and credit card details. After your account is activated, you can register with TraderVC through the robot platform.

For that, you need to go to the Binary Options Robot dashboard and choose “open account” next to the TraderVS logo. After you are registered and verified, you are free to make your first deposit with TraderVC through Binary Options Robot and start trading!

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SpotOption is Integrating Binary Options with MT4

SpotOption_logoSome revolutionary solutions are being made by a binary options technology provider SpotOptions this week. And this is not just any technology provider we’re talking about: SpotOptions is a definite leader in the industry and is being used on popular platforms such as Finpari, BDSwiss, CopyOp, IvoryOptions and many more of our TOP recommended brokers.

Now it teamed up with B2b Forex technology provider Tools for Brokers in order to include its binary options platform into a freshly launched solution.

What is MT4 and why is this important?

MetaTrader 4 trading platform (MT4) is one of the most popular Forex trading platforms. The new plug-in will allow MT4 brokers to offer binary options trading side by side with Forex. This might be just the revolutionary solution the industry has been waiting for. The integration is so seamless that the already existing MT4 traders don’t need to take any additional steps, extra set-ups or, basically, no actions whatsoever. From now on they are able to trade binary options using their MT4 account only.

Additionally, there is no need to go to any other platforms to manage traders’ funds, deposit or withdrawals. This truly makes life easier for those traders that want to combine their Forex and binary options trading.

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Opportunities for Development

SpotOption emphasizes the implications this solution has for brokers who already offer MT4. They will be able to have higher revenue through expansion into the trending binary options field without implementing any additional tech platforms. They will also be able to give their traders more trading opportunities and chances to diversify their portfolio.

Both SpotOption and Trades for Brokers are extremely thrilled by this integration and have stated that this is a new revolutionary step for the trading industry everyone has been waiting for.

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Anyoption is now CySEC Licensed for Portfolio Management and Investment Advice

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AnyOption Review

One of the most successful and attractive binary options brokers on the market, AnyOption, has recently added one more license to its collection of regulatory permits. The holding company that manages AnyOption called Ouroboros Derivatives Trading Ltd has obtained a new license following the decision to expand the scope of the company’s activities in the European Union. So what is this new license for and what will it mean for traders?

New Services from Orobouros Derivatives Trading

In addition to the Market Maker license that Orobouros Derivatives Trading obtained from Cyprus Securities Exchange Commission (CySec) back in 2008, now the company also has CySec license for Portfolio Management and Investment Advice. As AnyOption has always been a broker that valued regulations and was properly licensed from the very beginning of its operations, undergoing the process of obtaining the Portfolio Management and Investment Advice license was necessary in order to expand broker’s list of services all across the European Union.

The addition of new credentials certainly signals that the company is doing very well and wants to continue growing and offering new services to the loyal clients as well as attracting new customers.

AnyOption Expansion

This is not the first time AnyOption is making efforts in order to expand its portfolio of activities. Only last year it made a strategic move and decided to launch trading activities on the South African market. So apart from CySec, it is also regulated by the South African FSB with the financial services provider registration number FSP 42020. South Africa is a very interesting market for binary options brokers, and we applaud AnyOption for going through all the necessary regulatory procedures and securing a place for itself there.

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24Option Partners with the UFC Champion Conor McGregor

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24option ReviewOne of our top recommended brokers and a leader in the binary options industry, 24Option, has recently announced a very exciting partnership. This autumn this broker has taken a step forward to reaching out to more clients and is now determined to attract the martial arts fans through their sponsorship contract with the Irish UFC star Conor McGregor.

This decision was made based on the 24Option general strategy aimed to increase the brand awareness and further improve its presence in the online trading market. The broker is already moving in that direction has a few sports sponsorships in Europe. Among them, there are leading football teams such as FC Juventus and the German tennis player Boris Becker.

Since the full conditions of the partnership deal 24Option and Conor McGregor were not made public, the financial side of the agreement is not known. However, we know that the agreement was signed for 6 months with the possibility of extension. During this period, Conor McGregor is the official 24 Option’s representative and the broker is free to use any of his media channels for advertisement purposes.

Conor McGregor “the Notorious”

According to 24Option, they are particularly happy to have Conor McGregor as their partner. And it is understandable: McGregor earned a reputation for being a fearless and strong fighter. He is definitely a legendary fighter and has his own unique technique that he is praised for by his fans and media all around the world.

According to his bio, McGregor’s impressive career as a UFC fighter has developed rapidly in less than two years. After starting in UFC, he notably announced: “We’re not here to take part. We’re here to take over.” This is the kind of spirit and sporting character that he is famous for and why many sponsors are eager to partner with him.

Mutually Beneficial Partnership

In both Forex and binary options trading, it is a common practice to have partnerships with sports stars and successful football team in order to reach out to the audience and increase a broker’s client database. It is difficult to measure how effective these deals are since the benefits that determine the success of a particular deal are often intangible.

However, most brokers admit that they are very satisfied with the results of their past sports partnerships as they allow them to reach the audience that would be difficult to reach with other means. In addition to sponsored stars having an alternative source of income and receiving the much needed financial support, the sponsors have an invaluable advertising channel and the possibility to increase the number of their clients.

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Can European Brokers Association change binary options industry?

European Brokers AssociationTo reflect the growth of the binary options industry, some of the largest organizations in the market have come together and decided to cooperate. In September 2016, they formed EUBOA – The European Brokers Association. Among its members are the top regulated brokers that are highly ranked by traders all around the world.

EUBOA is an organization that aims to become one of the biggest influencers in the binary options and Forex trading market. But what challenges does it have and how can it influence the current state of affairs? Let’s find out.

European Brokers Association

Comparing to other forms of investment, the binary options industry is still in its development stage. This has led to many changes and challenges for the well-established brokers and the market in general. With the aim of regulating the way the binary options trading is growing, the major participants have created The European Brokers Association.

Brokers that are members of the Association:

As you can see, the members are really some of the major players. In addition, only regulated brokers can request the membership status. This is done to assure the quality of discussion within the Association and secure reputable voice behind any of its decisions and actions.

What are the challenges for the Binary Options Industry?

Despite growing fast and gaining a lot of recognition from traders, the binary options industry also faces some challenges that EUBOA is aiming to solve. Some of these challenges include:

  • Misleading marketing. Many unregulated brokers and other players in the market position binary options trading as “easy-to-get-rich” activity. As more experienced traders know, binary options can be profitable and extremely positive, but it also requires some knowledge and effort.
  • Regulations leading to negative results. Lately, some European countries imposed regulations on advertising or even banned binary options trading. While it is possible it was done with good intentions, more often than not it makes the situation worse. For instance, the ban on binary options in Israel and Belgium only led to more unregulated brokers coming to the market. So instead of “protecting” traders by making it impossible to trade with a licensed broker, it is important to urge countries to put their efforts into regulating the industry.

Those are just some of the challenges that major figures in the industry are trying to overcome. And EUBOA is aiming to help them do this with its activities.

European Brokers Association Agenda

During its second meeting since the formation, the Association has issued the manifesto of the organization. Its main goal is to decrease the number of malpractices that put traders in danger and encourage positive rather than restrictive regulation of the binary options industry.

One of the main goals of the Association at this point is to establish strong partnership relations with European regulatory bodies and open a constructive dialogue that will benefit both parties. EUBOA believes it will improve the situation on the market and assure positive long-term development for the binary options industry.

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