Best Binary Options Apps For Mobile Trading 2022

The Best Mobile Apps For Binary Options Trading.
If you know anything about binary options trading, you know that a mobile platform makes trading more convenient, efficient, and accessible. When you can’t sit at your desktop to watch the market fluctuate, an app can make all the difference to your payout.
But what makes a high-quality binary options mobile app? We’ll show you what features you should look for and why a mobile platform helps you boost your trading skills.
But first, I'm going to show you the top binary trading apps of 2021.
Best for Mobile Trading: ExpertOption Best for CFD Trading: IQ Option Best Trading Platform: Pocket Option Best Bonuses: RaceOption Best for VIP Traders: Binomo.
Table of Contents.
The 7 Best Apps For Binary Option Trading.
Min. Deposit: $10 Min. Trade: $1 Max Profit: 95% Assets: Stocks, Commodities, Crypto, and Forex Demo Account: Yes.
Minimum Deposit: $10 Max Payout: 95% Min. Trade: $1 Assets: Over 250+ Currency Pairs, Stocks, Crypto, Commodities, ETFs Demo Account: Yes.
Maximum Profit: 96% Min. Deposit: $50 Min. Trade: $1 Assets: 100+ Crypto, Commodities, Stocks, and Currency Pairs Platform: Web, Android, iOS, and Windows.
Minimum Deposit: $250 Payouts: 90% Max Bonus: 20-100% Deposit Match USA Friendly: Yes Assets: CFDs, Forex, Indices, Stocks, Commodities.
Minimum Deposit: $10 Minimum Trade: $1 Payouts: 90% Max Assets: Stocks, Commodities, Indices, and Currency Pairs Demo Account: Yes.
Minimum Deposit: $10 Minimum Trade: $1 Max Payout: 92% Assets: ETFs, Stocks, Commodities, Indices, Currencies, Cryptocurrency Demo Account: Yes.
Minimum Deposit: $250 Minimum Trade: $0.10 Assets: CFDs, Forex, and Options USA Friendly: Yes Assets: Commodities, Crypto, Forex, Indices, Stocks.
Benefits of Using a Mobile Trading App for Binary Options.
Trade Anywhere, Anytime, From Any Device.
A desktop website is excellent, but it's no match for the convenience of a mobile app. Your smartphone gives you access to your options account anywhere, anytime. Even if you're on the subway or taking a lunch break, you can still trade with the app.
This unparalleled accessibility favors serious traders that stay on top of news and updates. When you have the mobile app in your pocket, a potential trade can take place within seconds. While a website has many of these benefits, it lacks the on-demand access you need for timely transactions.
Faster and Easier Access to Markets.
You can find add-on features to get more out of your mobile app experience. The wonderful world of widgets delivers market information directly to your home screen. The immediate access lets you gauge a risk warning or check your trades without clicking the app.
Widgets are as easy to use as mobile apps. After you download your phone's latest operation system, go to the Android or Apple store to add the widget to your home screen. Drop it on your home screen and let the widget do the rest of the work. Click on the icon any time you want a live look at the market.
Push Notifications and Alerts.
Stay on top of your trades with customized push notifications and alerts. They provide a natural extension of your experience, delivering up-to-the-minute information directly to your mobile device. You can set the alerts to include messages about limited-time offers, risk warnings, and portfolio updates.
If you're not continuously monitoring the market, you may miss out on a once-in-a-lifetime trade. The same goes for keeping an eye on breaking news and other industry events. Push notifications ensure you never miss a beat.
Ease-of-Use.
Website trading has long been the gold standard for binary options traders. A desktop provides the largest viewing platform and copious statistics. Mobile designers have simplified trading apps, so you still get the same information as a traditional website without sacrificing your trading experience.
If you have never traded options before, the process can be daunting, even if you use a website. An easy-to-use mobile interface provides you with the insights you need to make smart decisions. It lets you conquer the learning curve and gives you an advantage when you trade with more money later.
What to Look For in a Binary Options App.
Variety of Tradable Assets.
The more options, the merrier. You should be able to trade your various options in multiple ways. One of the most straightforward choices is the Up/Down, also known as the Above/Below and Over/Under. You can also define your trades based on the number of touches and its range.
Many platforms offer additional tradable assets beyond options. For instance, 24option.com lets you trade Forex, cryptocurrencies, commodities, stocks, indices, and ETFs. The assortment gives you more control over your portfolio, letting you leverage your knowledge for financial gain.
Operation System Compatibility.
If you have an Android phone, you can only download Android apps. The same applies to Apple users and iOS apps. When a binary-options broker offers multiple trading applications, it gives users more flexibility, allowing them to find the right app for their phone.
The United States has the most smartphone users of any country at 260 million people. According to Statista, 100 million of those people use iPhones, and another 120.5 million use Androids. As long as your app covers these two platforms, you should have flawless operation system compatibility.
Demo Account for Practice Trading.
Practice makes perfect. A free binary options demo account allows you to trade before depositing real funds. Platforms will start you with a few thousand dollars in virtual cash and let you make the same trades as real users.
Options are complex financial instruments that come with a high-risk warning. A demo account lets you understand those risks before trading with actual funds. The risk-free trial makes the demo account a must-have resource for new users.
Safety and Security.
If you have sizable funds in your account, you should have peace of mind that your money is safe. The best apps join the Securities Investors Protection Corporation (SIPC), a non-profit organization that protects investors. It insures hundreds of thousands of dollars’ worth of securities, including cash.
Other high-level security measures include two-step authentication, encryption-hashing algorithms, and Transport Layer Security (TLS). TLS protects your data with cutting-edge ciphers when your mobile device communicates with servers. Make sure your app also verifies banking credentials before you start investing.
Convenient Deposit Methods.
Binary trading apps should make it as easy as possible to become a trader. The best apps accept a wide range of deposit methods and don't charge fees. Some of the commonly used choices include:
Debit cards Credit cards (Visa, Mastercard, Maestro) Skrill Neteller Webmoney Cryptocurrency.
If you're serious about binary trading, download an app that allows automatic transfers. The feature lets you transfer funds from your bank account to your trading account on a weekly, biweekly, monthly, or quarterly basis. The proactive approach ensures that you always have sufficient funds in your account.
Fast Withdrawals.
The withdrawal process varies among apps, though the best ones have one thing in common: they're fast. Log into your account. Click the withdrawal button. Select how much cash you want to withdraw. You should see your deposit in three to ten business days.
Note that some binary options brokers charge a fee when you take funds out of your account. Others require you to submit documents along with your withdrawal request. You may have to provide a government-issued ID, such as a driver's license or passport, along with your bank account information.
Deposit Match Bonuses.
Some trading apps will reward you with a binary options no deposit bonus. All you have to do is download the app, create a profile, and make the minimum deposit. The mobile app will then match your deposit up to a certain amount.
The bonus size varies from place to place. Ayrex will match up to 30% of your first deposit, while Raceoption will match your deposit 100% . Some trading platforms do not offer matches, such as Binary.com, 24option.com, and IQ Option.
Making money with binary options isn't for the faint of heart. Trading requires knowledge, accuracy, and precision, some that only a select few people have. If you want to trade like the giants in binary trading, download a trading app today.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.