Apps and Mobile Trading
Mobile trading is becoming increasingly popular and binary options apps are fast becoming the preferred access point for active investors. Brokers have taken notice and regardless of whatever mobile OS you prefer – Android or iPhone – brokers are developing top quality mobile trading applications that rival others in the financial space.
Smart brokers have long realized that when traders log on to their accounts, it is more likely than not via mobile. If you’re one of the many people using your smartphone or tablet, it’s worth looking for a platform that’s built for exactly that – which means your attention may be on the best mobile trading apps out there. get focused. So what should you be looking for in a dedicated mobile binary trading tool?
Best App for Binary Trading in India
| Broker | regulated | minimum deposit | Payment | Bonus | |||
|---|---|---|---|---|---|---|---|
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Binary.com |  |
$ 5 | 90% | »go to | ||
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high Low | $ 50 USD / $ 10 AUD | 200% | $50 CASBACK | »go to | ||
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IQ Option | $ 10 | 91% * | »go to | |||
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the dark shadow | $ 10 (ETH) | up to 200%* | »go to | |||
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BDSwiss | $ 10 | N/A | »go to |
General risk warning: your capital is at risk
* Amount is credited to the account in case of successful investment
Do I need an app?
It all depends on how you prefer to trade. Clearly, a mobile app won’t be a priority if your activity is confined to your desktop. If, however, you intend to do most of your trading on the go, then ideally you want to stick with a broker who can offer a user experience (“UX”) that reflects this. How this UX is delivered is really a matter for the individual brokerage company and its technical people. And yes, it is certainly possible for a broker to allow you to access its platform via your standard mobile web browser (i.e. without an app). It’s just that the experience you get from this type of setup may be less than ideal. In the worst cases, you may actually find that you’re reaching little more than a ‘squashed’ version of what you’re seeing on your laptop, unnecessarily slowing down your whole experience of using the platform. Strange and confusing. So increasingly, the way brokers get around this is by offering a dedicated app to their mobile users. From your perspective, it couldn’t be easier; With the very best binary options apps, you download a simple widget and you get quick access to your chosen platform and your account via an icon on your device’s menu. The Whole Experience – Accessing trading data through transactions should be simple, secure and “mobile friendly”.
app review
In many areas of everyday life, many of us are used to going directly to the Apple Store or Google Play Store to find the mobile tool we are looking for. After all, these are the gatekeepers to the iOS and Android worlds, and if a piece of software has earned a decent star-rating on the store, that can be a useful trust indicator. But of course, when it comes to binaries, you’re not just choosing a simple widget to use; You are deciding on which platform for your trading activity. So really, “How good is this mobile app?” There is a secondary issue (albeit an important one). Before you commit any time and money to it, an important question to ask is: “Is this the right trading platform for me?” To answer this, it’s important to look at how the platform measures up against the benchmarks that really matter:
- Payment
- asset list
- type of business
- regulation
- speed and ease of use
In these key areas, it is important to be able to assess a trading platform on its own merits and what else is available in the market. As part of this process, it is definitely worth looking into what kind of mobile trading experience the company offers. But do not be the be all and end all of your decision of going with a particular broker.
comparing binary trading apps
The best binary options apps allow you to access all (or virtually all) of the functions that you would find on your desktop but in a way that suits the capabilities of your mobile device. Most will have versions written specifically for Android, iOS and Windows – taking advantage of the advantages of each platform. With that in mind, here are some specific features to look for in a great trading app…
demo account
All brokers will tell you that their platform is designed to be “user-friendly” – but it’s hard to tell how true these claims are from screenshots alone. A demo account can be a great way to put a binary trading app to the test. At the very least, you should be able to access it without any bank card details (and ideally, without your email address or other personal information). IQ Option provides this functionality with its mobile app.
a practice app
A decent demo account app also serves another useful role; It doubles up as a practice app – essentially allowing you to get to grips with it and execute some dummy trades while on the go.
Free Training Resources
Another useful way for newcomers to familiarize themselves is; Simply use your phone to access videos and other resources whenever you have a free moment.
Quick account access and usability
You should be able to move seamlessly from desktop to mobile and have complete tracking of your trading activity. Making sense of asset graph patterns should be a seamless process, and you should be able to enter a position and execute a repeat trade as easily as anywhere else on mobile. Account management (deposits and withdrawals etc.) is sometimes overlooked on vulnerable apps. The best applications will provide full account management.
instant alerts and news
This is the area where mobile really comes into its own – and is probably a major reason why businesses are moving away from desktop. The top binary options app has news and data alert functions, so you are immediately notified of changes in market conditions. You can then access your account immediately and adjust your trades accordingly. As an example, Banc de Binary features live graphs and updates from Reuters. So which individual platforms deliver the best mobile experience? Take a look at our free reviews to hone in on the best broker apps for you.