Why Do Exchange Rates and Stock Prices Vary in Different Binary Brokerage Platforms?
If you have tried binary options on different brokerage platforms, then you may have noticed the differences in exchange rates and stock prices. This is contrary to general stock trading where stock prices are the same regardless of the broker you use. On the other hand, in forex trading, the differences are likely to be very small—almost unrecognizable depending on the spread. So why do these prices and exchange rates differ in binary options? The answer is simple. Different binary options brokers use different binary options trading platforms. The most popular platforms are SpotOption, TechFinancials, and Panda TS. They all pull trading data from various sources and the delay periods vary.