TraderXP Now Offers One-Touch Options Through the Spot Option Platform

Jun 01, 2010, 05:11 ET from SpotOption and TraderXP

NEW YORK, June 1, 2010 /PRNewswire/ --

- Leading Binary Options Platform Providers, SpotOption Ltd., has Launched Their One-Touch Option Trading Feature, and TraderXP is the First to Deploy

Upon high demand, the SpotOption ( team has developed their latest addition to their Binary Options ( platform, the One-Touch-Options ( trading feature. SpotOption client, TraderXP, ( has implemented the feature to their unrivaled Binary Options website, allowing their traders the opportunity to trade One-Touch Options on currencies, stocks, commodities, or indices also on weekends or when markets are closed for ongoing trading activity.

Besides providing TraderXP ( with continuous trading possibilities, the One-Touch feature ( adds several advantages to their platform. First of all, in nature, One-Touch trading adds a dynamic edge to traditional Binary Options ( trading. With Binary Options, the trader simply has to predict the direction the price of an asset will go - above or below the current price by an expiry time. The risk is minimal, as the amount to lose is designated with the initial investment, as is the return. It's a very attractive model for those looking for a quick and simple investment, but for those who are looking for a little more of a thrill, the One-Touch option can provide that for them. Remaining simple, it adds a parameter which can bring a higher revenue, yet makes it a little more challenging as well. With One-Touch, the trader has to reach the specific set price that was designated for the asset. Direction is not enough as with Binary Options. For example, if the EUR/USD closes at 1.35130 on Friday, then the TraderXP ( platform will offer traders two options, one for the EUR/USD to reach 1.38130 at least once in the following week, or reach 1.32130 at least once in the following week.

The guaranteed return for One-Touch is very attractive to traders - between 200% - 550%. Another benefit is that the trade does not have to wait for the expiry time to settle - once the price of the underlying asset reaches or surpasses the predetermined barrier, the trader can receive their payout. It can also be used as a hedging tool for stocks or forex trading. The One-Touch ( feature is especially beneficial for traders who believe that the price of an underlying asset will exceed a certain level in the future, but who are not sure that the higher price level is sustainable.

"As part of our ongoing effort to meet trader demands, the One-Touch feature will add a further element of excitement to our platform.", says Pini Peter, founder of Spot Option Ltd. "The new feature remains as user-friendly and reliable as the Digital Options feature, and I'm sure that TraderXP will find that it attracts a booming amount of new traders to their already thriving website. As our client, that's our goal for them."

    Contact Details:

    Tammy Levy
    Marketing Manager

SOURCE SpotOption and TraderXP