TradeToolsFX, the developer of software solutions for online trading, has announced the release of a new product that will enable binary options trading on the MetaTrader 4 (MT4) platform. The novelty is an expert advisor (EA) – as you know, this is how robots designed for the MT4 platform are called.
Binary Options Trader (“BOT”) EA is available through TTFX’s partner brokers – after installation on the terminal, it can be instantly used for trading binary options on MT4 alongside Forex, CFDs and Indices.
The introduction of the new EA is in tune with the growing popularity of binary options trading around the world. TTFX also stresses that the tighter regulatory grip on these instruments in some countries, including the plans for binary options regulation in the UK, add to the credibility and, hence, to the popularity of these financial products.
TTFX has recognized the perspectives of binary options several years ago and integrated binary options into MT4 in 2013. With this latest offering, clients of TTFX can now trade binary options across multiple systems and devices – the BOT EA, FX LITE for MT4, WebTrader, iPhone and Android devices.
The launch of the BOT EA marks another step in the evolution of TTFX’s services for trading binary options on MT4. In March 2015, TTFX announced a partnership with technical analysis company Autochartist that enabled provision of trading alerts for binary options on the popular platform.
To learn more about TradeToolsFX’s offering, you can visit their corporate website.