The introduction of binary trading to the existing multi-asset trading platform makes X Open Hub the first fully integrated platform solution, allowing banks and brokers to offer all major trading products from one platform – forex, CFDs, social trading and binaries.
18th December, 2013 – LONDON, UK.
X Open Hub today announced the beta launch of their new product – binary options trading. The integration of binaries to the existing platform makes it the first platform in the industry to provide a universal offering. Broker partners of X Open Hub will now be able to offer a complete solution, without the need for their clients to open several different accounts for numerous platforms. Forex and CFD trading, social trading and binary options will be easily accessible for all users from one account and one platform.
Jakub Zablocki, Managing Director of X Open Hub, spoke about the launch: "The integration of binary trading to our existing X Open Hub front end makes it the first platform catering for all products in one place. This does not yet exist in our industry but we know from our broker clients there is a strong demand. Our platform is also fully web-based, so now our broker partner’s clients can trade all products, from one place, at any time, anywhere. There is no need for the end user to remember several different logins and passwords; and like all of our products, the platform will be fully supported by the extensive range of X Open Hub and partner products and tools”.
X Open Hub’s new binary trading platform will offer a wide range of binary options on forex, commodities and index instruments, with simple strategy construction through an easy-to-use interface. Expiries available range from 5 minutes up to an hour, catering for all types of binary traders. Binary trading will be available to all brokers using X Open Hub’s platform technology and joins the extensive range of products already available. The product is currently in it’s beta phase and will be fully supported by all existing tools and features of X Open Hub, including intelligent risk management, open API for endless development opportunities, trading apps store and a robust back office client management tool. When asked when the product would come out of beta testing Zablocki said: "We hope for the full and complete version to be live in February of next year".
In the meantime, the beta version is now live and those looking to gain a sneak preview of the new addition will need to contact X Open Hub to request a demo account. To request a free demo or to learn more about X Open Hub, please visit www.xopenhub.pro
About X Open Hub Limited
X Open Hub Limited markets a fully open trading environment to the FX and CFD industry, allowing brokers and technology companies to develop and distribute proprietary trading products to the marketplace. The company has more than 100 professionals handling product development and broker partner support. X Open Hub has its headquarters in London and its operations and technology centre in Warsaw, Poland. For further information about X Open Hub, please visit www.xopenhub.pro
X Open Hub is authorized and regulated by the UK Financial Conduct Authority (FRN522157) with its registered and trading office at 29 Marylebone Road, London. NW1 5JX.