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News

SpotOption Assures Global Standard

LIMASSOL, Cyprus, September 30, 2015

 

Leading binary options platform provider, SpotOption, was issued another certificate of reliability, ISAE 3402 for Europe, and SSAE for the United States

 

SpotOption announces their receiving of International Standard on Assurance Engagements (ISAE) No. 3402 and SSAE 16 certificates. As part of their ongoing effort to hold themselves to the highest standards of credibility, this certification process provides assurance internationally of the compliancy of their system. ISAE 3402 was issued in December 2009 by the International Auditing and Assurance Standards Board (IAASB), which is part of the International Federation of Accountants (IFAC). Their American counterpart, Statement on Standards for Attestation Engagements (SSAE) No. 16, was finalized by the Auditing Standards Board of the American Institute of Certified Public Accountants (AICPA) in January 2010.

 

SpotOption is a technology provider, and works together with CySEC licensed binary options market maker, SpotOption Exchange to provide the complete business solution to online binary brokers.  As more and more regulators globally have started licensing the industry, technology providers should aim to comply their system with international standards, and should provide proof of the effectivity of their information security.  SpotOption is staying at the forefront with obtaining all possible credentials, and henceforth protecting the industry, operators, and traders alike.

 

“ISAE 3402 and SSAE 16 is the leading international standard for Independent Attestation of Compliance,” says Amir Vaknin, CTO of SpotOption. “This is why it was important for us to receive this credential, and we will continue doing our utmost to ensure the reliability and integrity of our platform and system.”

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SpotOption was established in 2010, and is officially today’s leading binary options platform provider. SpotOption white labels the full business solution for brokers who want a trading platform for their online brokerage. With a staff of over 250 employees, including top programmers, developers and designers, SpotOption’s trading platform was awarded the 2015 “Best Binary Options Platform Provider” by Finance Magnates. SpotOption has offices in London, Hong Kong, and the Middle East. SpotOption prides itself on innovation, with unique features that give binary options a dynamic twist (such as One Touch, 60 Seconds, Option Builder, Algo Trading, Ladder, etc.) and a mobile app that is unrivaled with state-of-the-art graphics and features. SpotOption’s white label solution can be provided as a complete, stand alone operation, or can be easily integrated with full API into an existing operation or with MT4 platform.
SpotOption offers a multi-platform solution, which includes Web-based, Download, Mobile, Land-based, Mobile and WeChat. The web-based platform is a hassle free, no download necessary platform. It doesn’t tie a trader to a single computer, and is accessible from anywhere that there is internet. The downloadable platform is the preferred method for regions such as China, where delays on data transmissions due to poor internet connections are common. The ability to reduce dependency on the internet is imperative for trading on market volatility, as in binary options, where the slightest fluctuation counts.
The mobile platform has state-of-the-art design and functionality, and gives traders access from any location. Mobile marketing is simpler, and the touch buttons are natural and engaging for “call” and “put”. The Land-based is a regulated opportunity for on-site retail! You can start your own trading venue and allow traders to trade on-site, and continue from home, mobile, etc., with one multi-channel account. Short term expiries are 15, 30, 60, 90 seconds, especially for onsite trading. WeChat is no longer just a mobile app chat! With 271.9 million active monthly users, offering trading on WeChat has endless possibilities. The SpotOption WeChat platform has the same easy user flow as the regular platform, and designed specifically in accordance to the WeChat terms and requirements.
SpotOption is known for providing top service for in support of its technology. The Risk Analysis department monitors operator exposure, to ensure operator security and loss prevention from fraudulent or suspicious activities. SpotOption’s Risk Analyzers are equipped with data feeds and sophisticated algorithms that monitor all open positions, around-the-clock. SpotOption’s Account Managers give you a single, point-of-contact to ensure that your operation runs smoothly, from the delivery of your website to your profit phase. They are there to guide you, and to answer all issues you may have along the way. You will be in constant correspondence with them, and will find that this personal relationship gives you and your business the attention you deserve. SpotOption’s Support department was created with the goal of providing clients with the fastest, most professional, and efficient service possible for technical issues. The service portal is a professional ticketing system,that guarantees the fastest approach to determining problems and providing solutions. The team behind the support are trained professionals, who solve issues promptly and courteously, to guarantee that the client feedback to the support handling will be a positive one. SpotAcademy is the department at SpotOption that educates clients on the binary business and the tools they have been equipped with. From the one-of-a-kind CRM to new features, the trainers at SpotAcademy supply you with the key to running your business successfully – knowledge. SpotAcademy also boasts a unique knowledge portal, that gives clients all the education needed to thrive in the industry. Through the portal, labels log in and find manuals, tutorials, recorded webinars on subjects such as products, backoffice tools, mobile apps and industry trends.
SpotOption’s clientele stands at 300 labels, and they hold 65% of the market share. SpotOption has expanded globally with clients in North America, Europe, Asia, Middle East, Australia, and now USA through licensed Exchange. SpotOption provides trading technology to some of the largest brokerages in the online industry, such as Banc de Binary, Banc de Swisse, Itrader, and many more.