Everyone has heard the saying that ‘two heads are better than one’; in other words it means when a person or business teams up with another, then the outcome is more likely to produce a better result than if it was arrived at by a single entity.
This type of thinking has been proven time and time again and is exactly the reason why 24option decided to improve their binary options trading site by partnering with Faunus Analytics. They knew it would make their site even more appealing and better overall.
24option has accomplished a lot on their own too. They have made huge strides in the last few years and firmly established themselves as one of the best binary options brokers online. It has an easy to use trading platform that greatly assists its many investors in becoming successful at binary options trading. It is a big reason why 24option has continued to grow and become a leader among binary options brokers.
Why Faunus Analytics? The main reason is because they are extremely good at signals analysis which is a key component of any binary option trade. They are a proven leader in the analytical field and do a nice job of integrating their signals with the popular TechFinancial software that 24option uses.
Pavel Bykov, the Chief Development Officer at Faunus Analytics, states that the company is aggressively expanding their focus in certain areas of retail currency trading in order to meet the demand for this type of analytical processing. They are also looking at doing partnerships with other big players in binary options trading such as OptionFair, ZoomTrader and StockPair.
Bykovis particularly excited about the partnership with 24option and his company is working on a signals module that will provide an in-depth table of results, different timeframes, approximate reliability levels and composite graphs for each and every asset. Those in charge at 24option say they are equally excited about the potential of the new module.
The partnerships have not stopped there though. 24option also announced they will partner with the Juventus Football Club for 2 years. It is a nice deal that should increase the revenue for both parties and help each further promote their brand and keep them established as leaders in their respective industries. With the links between partners, 24Option is set to become a Juventus partner that will have both off-line rights and marketing rights to some of their product.
It is the willingness to create these types of partnerships that will keep 24option on top of the binary options trading field for a long time to come. It shows the willingness of the company to be aggressive and do whatever it takes to keep 24options as one of the most popular online binary options brokers.
*bonus terms and conditions apply
Trading Binary Options involves substantial risk and may lead to loss of all invested capital.
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References and Further Reading:
1. Contagious currency crises (B Eichengreen, AK Rose, C Wyplosz – 1996)
2. Determinants of international trade flows (D Warner, ME Kreinin – 1983)
3. Exchange and capital controls as barriers to trade (NT Tamirisa – 1999)
4. A primer on hedge funds (W Fung, DA Hsieh – 1999)
5. Internationally diversified portfolios: welfare gains and capital flows (HG Grubel -2004)
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