You can even look at the advent of crypto currencies and how nearly no platform has provided funding and BTC based accounts… yet we have and it’s working phenomenally
May 19, 2017
Newcomer Finantick launches a new version of its binary brokerage platform, now offering a new user interface, messaging and pop up system, as well as direct integrations to the largest affiliate systems.
The company, which was largely unknown outside of closed circles, edged into the market by providing a niche and boutique approach to the provision of binary options platforms and now also offers forex trading as well. Whilst many of its competitors boast large-scale marketing and sales teams, Finantick doesn’t seem to be anywhere to be found. Nonetheless, in its two years, it has racked up a seemingly large number of clientele, 32 active brokerages to be exact. This is rather impressive for a binary platform system that has come out of nowhere.
In this space, where brokers don’t ordinarily jump ship from the providers they work with, it is quite interesting to see that a relatively new platform provider has been able to carve a niche in this very tight market where competition has driven down both the number of brokers actively seeking such solutions as well as the royalties.
It is also well known that the industry is suffering from a serious PR problem of late making their rise all the more note worthy. So where does a company like this, well off on the fringe of this industry, find clients? According to the company’s CEO, “Customers are simply coming to Finantick when they’ve been left behind by the larger platforms. The big guys seem to just want the million dollar plus brokerages. Well, what are you going to do? Not every…