The best currency option trading system is one that will suit your own particular style of trading. If you're a day trader, you might be better off simply trading the FX spot market than trying your hand at options. The FX options market and the right forex options broker provides a very versatile combination of possibilities.
Unfortunately, because currency option trading is not so well known as stock and commodity options, to my knowledge internet technology has not yet provided the same versatility in broker trading platforms. You can use more advanced option trading strategies as part of your currency option trading system, but it means you will have to "leg in" to each position, paying a commission on each one and taking on the risk of slippage.
But for the short term trader, FX options can be a relatively safe and highly lucrative way of trading. Unlike the spot market, the most you can lose is your investment amount, which means you can afford to risk a greater percentage of your trading capital, per trade. But you are still subject to all the normal rules of options, including "the terminator" - time decay.
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