NICOSIA, Cyprus, June 12, 2014 /PRNewswire/ --
- Leading binary options platform provider, SpotOption, reaches milestone in registered traders
SpotOption announces that they have surpassed half a million traders in their system, collectively amongst their labels. SpotOption labels are spread out around the world, in Asia, South America, Middle East, and Europe. SpotOption today holds 70% of the binary options industry, with their labels at the forefront. In May 2012, CySEC began regulating the binary options industry, and granted SpotOption Exchange with the first binary options market making license. Since then, the industry has more than doubled in size, and binary options have become one of the most popular financial instruments.
The influx of trades through the system has allowed SpotOption to study trader behavior, understand the needs, and develop the best trader experience yet. The Spot2 platform has an unrivalled UI, that corresponds with the mobile app for smart phones and tablets. Spot2 is easily localized to any region and language, with an abundance of popular assets and local assets upon request. With the new, simplified platforms for Forex, Ladder, and CFDs recently launched, the target market has expanded even further, which means growth at an even more rapid pace.
"We reached our goal of 500,000 traders earlier than we expected," says Ran Amiran, CEO of SpotOption. "We've prepared and protected ourselves technologically for this rapid growth, and are continuing to do our utmost to provide our partners with all the new and exciting features that will secure their position as market leaders."
Tammy Levy, Director of Marketing