Top 8 Mobile Trading Platforms for Investors

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Mobile trading is increasingly popular and binary options apps are quickly becoming the preferred access point for active investors. So what should you be looking for in a dedicated mobile binary trading tool? It all depends mobile trading platforms how you prefer to trade.

How this UX is delivered is really a matter for an individual brokerage company and its tech guys. So increasingly, the way brokers get around this is by offering its mobile users a dedicated app. After all, mobile trading platforms are the gatekeepers of the iOS and Android worlds, and if a piece of software has earned a decent star-rating on the store, it can be a useful trust indicator.

Most will have versions specifically written for android, iOS and Windows — exploiting the benefits of each platform. At the very least, you ought to be able to access this without providing any bank card details and ideally, without your email address or other personal info. IQ option provides this functionality with its mobile app. A decent mobile trading platforms account app also performs another useful role; it doubles as a practice app — essentially allowing you to get to grips with it and execute some dummy trades while on the go.

You mobile trading platforms to be able to shift seamlessly from desktop to mobile and keep track of your trading activity in its entirety. Making sense of asset graph patterns should be an intuitive process, and you ought to be able to carry out tasks such as entering a position and executing a repeat trade just as easily on mobile as elsewhere.

Account mobile trading platforms deposits and withdrawals etc are sometimes overlooked on the weaker apps. The best applications will offer full account management. This is the area mobile trading platforms mobile really comes into its own — and is perhaps one of the key reasons why trading is moving away from desktops. You can then access your account instantly and tweak your trades accordingly. As an example, Banc De Binary features live graphs and updates from Reuters.

So which individual platforms provide mobile trading platforms best mobile experience? A Practice App A decent demo account app also performs another useful role; it doubles as a practice app — essentially allowing you to get to grips with it and execute some mobile trading platforms trades while on the go.

Instant Account Access and Usability You ought to be able to shift seamlessly from desktop to mobile and keep track of your trading activity in its entirety. Instant Alerts and News This is the area where mobile really comes into its own — and is perhaps one of the key reasons why trading is moving away from desktops.

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Binary trading market

In finance, an electronic trading platform also known as an online trading platform , is a computer software program that can be used to place orders for financial products over a network with a financial intermediary. Various financial products can be traded by the trading platform, over a communication network with a financial intermediary or directly between the participants or members of the trading platform.

This includes products such as stocks , bonds , currencies , commodities , derivatives and others, with a financial intermediary, such as brokers , market makers , Investment banks or stock exchanges. Such platforms allow electronic trading to be carried out by users from any location and are in contrast to traditional floor trading using open outcry and telephone based trading. Sometimes the term trading platform is also used in reference to the trading software alone.

Electronic trading platforms typically stream live market prices on which users can trade and may provide additional trading tools, such as charting packages, news feeds and account management functions. Some platforms have been specifically designed to allow individuals to gain access to financial markets that could formerly only be accessed by specialist trading firms.

They may also be designed to automatically trade specific strategies based on technical analysis or to do high-frequency trading. Transactions have traditionally been handled manually, between brokers or counterparties. However, starting in the s, a greater portion of transactions have migrated to electronic trading platforms. These may include electronic communication networks , alternative trading systems , " dark pools " and others. The first electronic trading platforms were typically associated with stock exchanges and allowed brokers to place orders remotely using private dedicated networks and dumb terminals.

Early systems would not always provide live streaming prices and instead allowed brokers or clients to place an order which would be confirmed some time later; these were known as ' request for quote ' based systems. Trading systems evolved to allow for live streaming prices and near instant execution of orders as well as using the internet as the underlying network meaning that location became much less relevant.

Some electronic trading platforms have built in scripting tools and even APIs allowing traders to develop automatic or algorithmic trading systems and robots. The client graphical user interface of the electronic trading platforms can be used to place various orders and are also sometimes called trading turrets though this may be a misuse of the term, as some refer to the specialized PBX phones used by traders. During the period from to , the development and proliferation of trading platforms saw the setting up of dedicated online trading portals, which were electronic online venues with a choice of many electronic trading platforms rather than being restricted to one institution's offering.

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