Casino City's iGaming Pocket Directory - 2016 Edition
Sponsored by 29 Visit iGamingPocketDirectory.com for more information. FINANCIALS One of the true online growth markets is the financials sector. A few years ago, there were only a handful of sites offering trading in financial markets. Now, Casino City’s comprehensive database of sites lists 186 sites that offer binary options trading, 127 sites that offer forex trading and 20 sites that offer spread betting. Growth in this area has truly been exponential, with nearly 50% growth in the number of forex sites in 2015, 18% growth in the number of binary options sites and 11% growth in the number of sites offering spread betting. The financials trading market is growing for a variety of reasons. For consumers, the financials sector is a high-information proposition in the digital age. Information that was traditionally available only to institutional investors is now available online for anyone willing to look it up. As a result, traders can make informed decisions they simply weren’t able to make 30 years ago. For affiliates, the growth of the financials sector gives them an opportunity to diversify their revenue streams. This convergence of interests has resulted in a remarkable growth spurt for the sector, and it shows no sign of abating. The best providers in the market offer a wide array of markets to trade in, along with the tools to help traders keep up with the market. Because this vertical is still fairly new to most people, here’s a handy guide to the basics of the financials sector. BINARY OPTIONS The key to binary options is that traders are not buying the goods they are trading (gold or actual stock certificates or foreign currency). Instead, traders are taking a position on an asset. Will a foreign currency be higher or lower than a certain price when the market closes? Will an index close above or below a certain point? Will the FINANCIALS INDUSTRY OVERVIEW
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