SpotOption was a privately held platform software provider based in Israel in the controversial binary option industry, which was banned in Israel starting in January The firm announced that it has left the binary options business and is exploring other possibilities. It had previously announced a See more SpotOption was established in , and is a leading derivative trading technology provider. SpotOption has developed a regulated solution for the autonomous brokerage, meaning that 20/04/ · Complaint says SpotOption and owners Pini Peter and Ran Amiran defrauded US investors out of at least $ million; firm was at heart of scam banned by Knesset after ToI 19/04/ · The Israeli broker white-label operator SpotOption is related to the Yukom blogger.com, the U.S. Securities and Exchange Commission (SEC) announced that it charged 20/04/ · SpotOption has had even more big scam fire besides Yukom and the operators already sued by the SEC. For example, the giant scam network of GreyMountain Management ... read more
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Send me The Times of Israel Daily Edition. Log in. SpotOption Founded in Israel, Visit Site. Editor's Score 3. Pros High leverage and low margin requirements No restrictions on short-selling Guaranteed Stop-Loss and Take-Profit orders.
Cons Uncertain future in Israel Professional traders may miss some functionalities Emphasizes the gambling aspect over investing and trading. Social Trading. Features Automatic stop-loss and take-profit One click trading API with MetaTrader Full scope of brokerage services.
Review Comparison. Performance Since the platform lacks advanced functionalities, it performs quite well during various trading conditions. Range Of Markets SpotOption offers trading on various financial markets, including the currencies, commodities, indices and stocks. Charting Charting is not the strength of SpotOption.
Available Tools The main tools offered by the platform are a few technical indicators, including simple and exponential moving averages, RSI, Bollinger Bands, ATR, and the PSAR indicator. However, all indicators lack advanced settings to fine-tune their appearance. Support Resources The SpotOption platform seems to lack detailed guides on how to use the platform, which is no real disadvantage given the rather simple user-interface. Conclusion SpotOption is an industry leader in providing trading solutions for binary options brokers.
Comparison Platform Comparison Maecenas porta rhoncus dui ut congue. Choose a platform MetaTrader 4 ZuluTrade Trade Station eToro Platform cTrader DupliTrade MetaTrader 5 NinjaTrader Sirix thinkorswim xStation 5. There is no legal entity listed but an address in Hong Kong and fake people.
From victim records, we know that Ford Beckett works with several legal entities in various offshore destinations. We learned that another scheme, Wisecroft, would be operated by the very same people.
Please stay away from Ford Beckett and Wisecroft. Read More. Categories Compliance Malta Financial Services Authority. FinTelegram reported that the Irish Joseph Gavin resigned from his post as CEO of the Maltese Financial Services Authority MFSA. Earlier this month, MFSA announced that Gavin would resign later this year. However, he resigned before the end of the Summer. The previous CEO, Joseph Cuschieri, has had to leave in disgrace, and the Acting CEO who succeeded him, Christopher P.
Buttigieg, is facing lawsuits surrounding his conduct as an MFSA official. A mess! Categories Broker Crypto Payments PayTechs. Listed NAGA Group announced that it is launching a VISA-approved card program in partnership with Solaris Group and its UK and Lithuanian-regulated Contis Group through its NAGA Pay scheme. As with other such crypto cards or, for example, Binance, NAGA users will be able to spend both fiat and crypto in real-time at the point of sale.
SpotOption received the Finance Magnates award for Best Binary Options Service Provider. SpotOption was present at the iGaming Super Show, ICE Totally Gaming, and the Global Gaming Expo Asia. Some of the larger players include TradeRush, iOption, VIP Binary and Empireoption. Trades can be placed with a single click, with pre-specified stop-loss and take-profit targets, using extremely high leverage ratios of up to The price-chart is somewhat small and offers only limited technical indicators, such as moving averages and the RSI.
While it may be enough for professional gamblers, professional traders would be better suited by a more powerful trading platform. The mobile platform offers similar functionality to the web-based version, and is available both for iPhones and Android-based smartphones and tablets. Since the platform lacks advanced functionalities, it performs quite well during various trading conditions. Trades are executed in a few seconds, without requotes and slippage. The guaranteed stop-loss and take-profit orders cancel the negative effects of slippage during news trading, which is a welcoming feature for day-traders and scalpers.
While the interface of the trading platform is quite clean and user-friendly, there are certain elements that could be improved.
The charting tools should include trendlines, channels and Fibonaccis, and additional chart styles should also be added to cater to more experienced traders. SpotOption offers trading on various financial markets, including the currencies, commodities, indices and stocks. However, the number of tradeable instruments is extremely limited, and include only the major currency pairs with a few cross pairs, gold and silver, and a very small number of stocks and indices. Experienced traders who are looking for a larger variety of tradeable instruments should choose a different platform.
Charting is not the strength of SpotOption. Some markets, such as commodities, seem to lack technical indicators at all on the web-based platform. The main tools offered by the platform are a few technical indicators, including simple and exponential moving averages, RSI, Bollinger Bands, ATR, and the PSAR indicator. SMAs and EMAs are used to smoothen the price chart over a specific period of time, while the RSI is used as a momentum indicator to identify overbought and oversold market conditions.
Bollinger Bands and the ATR are used as volatility indicators, while the Parabolic SAR indicator trails the underlying trend over time. The SpotOption platform seems to lack detailed guides on how to use the platform, which is no real disadvantage given the rather simple user-interface. Beginner traders will likely get familiar with the platform in record time, which is also a major marketing point of the company.
The web-based version can be accessed from any supporting web browser. If you want to trade on the go, you can download the iOS and Android version of the platform directly from Apple Store or Google Play. Fortunately, the company offers a MetaTrader plug-in which is a welcoming feature for traders who are already familiar with the MetaTrader platform. SpotOption is an industry leader in providing trading solutions for binary options brokers.
In certain aspects, it seems that the platform caters more to gamblers than traders, given its lack of advanced charting tools and other necessary tools for market analysis. The platform behaves robustly during various market conditions and offers trading without slippage and requotes with guaranteed stop-loss and take-profit orders.
Platform Comparison Maecenas porta rhoncus dui ut congue. Donec luctus non sem eu euismod. Ut rhoncus mauris non bibendum congue. Donec maximus ipsum a lectus sollicitudin. Log in. SpotOption Founded in Israel, Visit Site. Editor's Score 3.
Pros High leverage and low margin requirements No restrictions on short-selling Guaranteed Stop-Loss and Take-Profit orders. Cons Uncertain future in Israel Professional traders may miss some functionalities Emphasizes the gambling aspect over investing and trading. Social Trading. Features Automatic stop-loss and take-profit One click trading API with MetaTrader Full scope of brokerage services. Review Comparison. Performance Since the platform lacks advanced functionalities, it performs quite well during various trading conditions.
Range Of Markets SpotOption offers trading on various financial markets, including the currencies, commodities, indices and stocks. Charting Charting is not the strength of SpotOption. Available Tools The main tools offered by the platform are a few technical indicators, including simple and exponential moving averages, RSI, Bollinger Bands, ATR, and the PSAR indicator.
However, all indicators lack advanced settings to fine-tune their appearance. Support Resources The SpotOption platform seems to lack detailed guides on how to use the platform, which is no real disadvantage given the rather simple user-interface.
Conclusion SpotOption is an industry leader in providing trading solutions for binary options brokers. Comparison Platform Comparison Maecenas porta rhoncus dui ut congue. Choose a platform MetaTrader 4 ZuluTrade Trade Station eToro Platform cTrader DupliTrade MetaTrader 5 NinjaTrader Sirix thinkorswim xStation 5. User Reviews Log in. Log in Email address:.
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SpotOption was established in , and is a leading derivative trading technology provider. SpotOption has developed a regulated solution for the autonomous brokerage, meaning that 19/04/ · The Israeli broker white-label operator SpotOption is related to the Yukom blogger.com, the U.S. Securities and Exchange Commission (SEC) announced that it charged 20/04/ · SpotOption has had even more big scam fire besides Yukom and the operators already sued by the SEC. For example, the giant scam network of GreyMountain Management IQ Option SpotOption was a privately held platform software provider based in Israel in the controversial binary option industry, which was banned in Israel starting in January The firm announced that it has left the binary options business and is exploring other possibilities. It had previously announced a See more 20/04/ · Complaint says SpotOption and owners Pini Peter and Ran Amiran defrauded US investors out of at least $ million; firm was at heart of scam banned by Knesset after ToI ... read more
However, he resigned before the end of the Summer. One Touch One of the best known trading techniques, one touch options allow traders to choose the parameters on screen to pick a predefined profit target with a price that is within a chosen expiry time in order to make a profit. Next: FCA warning against PrimeQX broker scam operating with CySEC clone site. In the trial against Lee Elbaz , FBI Agent Greg Fine explained how SpotOption was used to defraud customers read the report here. SpotOption does the same thing as General Motors, but with binary options.
Retrieved 18 January All these features demonstrate that SpotOption has constructed an impressive trading platform that has a lot to offer traders both spotoption and new. prosecutors and the CFTC. Spotoption few weeks ago, FinTelegram warned against the unauthorized investment scheme Ford Beckett. Underwater or in the darkness of the Internet, spotoption, the spotoption perpetrators and facilitators are hiding, spotoption. From victim records, we know that Ford Beckett works with several legal entities in various offshore destinations, spotoption. SpotOption began constructing their trading platform as long ago as and used market data feeds taken from well known specialists in the market like Reuters.