Adding Binary Options to Forex
Posted: Wed Apr 06, 2016 3:13 pm
Adding binary options to an existing over-the-counter (OTC) forex product line can help convert beginners as well as complement alternative offerings for experienced traders – yet a strong self-regulatory approach is needed to help ensure best-execution practices in the wake of this quickly evolving industry. That’s why the technology provider that a brokerage chooses matters.
Research shows a strong correlation of increased conversion rates when adding binary options to a forex broker’s existing offering, whether as a stand-alone product or within a multi-asset platform.
Binary options provide a meaningful way for traders to hedge or participate in market volatility scenarios without worry ... (read more)