One of the most exciting things about trading online nowadays is that you can trade binaries using your smartphone. Binary options trading platforms like TechFinancials are fully responsive to different devices and screens and allow you to trade on a clear and simple interface that works just as well on your smartphone as it would on your home computer. What are some of the advantages to trading binary options on your mobile device instead of your home computer?
Binary Brokers With Mobile Apps
- 24Option.com – Android and iOS apps are available.
- Nadex – iPhone & Android App
- IQOptions – App for Android phones and tablets, but not yet available for iOS.
Binary Trading From iPhone – Anytime Anywhere
On the whole, when you can trade on your home computer you probably should—anytime you can spread things out and create space for your trading, you also create mental space which may help you to think more clearly. But not everyone has the luxury of being at home during trading opportunities. What if the best trades tend to happen while you’re at work? You can’t quit your job—you’re going to need to live on your regular income for quite some time before you can trade for a living. You can’t trade on your work computer, and you can’t miss out on trading opportunities just because of poor timing. And that’s where trading on your smartphone comes in use.
With your smartphone you can place a trade anytime, anywhere. If you’re at work, just trade using your mobile device and bypass your work network. If you’re on your commute home on the bus or subway, you can trade there as well if your phone picks up a signal. You don’t need to search around for a wireless hotspot like you would if you were carrying your laptop around. All you need to do is connect to the internet through your smartphone’s network and you’ll be able to monitor your trades and make trading decisions.
Many traders are surprised when they realize that trading binary options is a bit more challenging in real life than it is on paper. When you backtest trades over historical data, you may not think about what days or hours you’re placing trades. Then when you go to demo, you may be surprised to realize that most of the action takes place while you’re doing other things. Your smartphone allows you to take your trading with you wherever you go so that you don’t need to severely curtail your trading activities based on life’s little inconveniences.
If you trade overnight (as with markets like Forex which stay open overnight), you may also find your smartphone handy since you can place it on your bedstand when you go to sleep. If an alert goes off, you don’t even need to get out of bed—just flip open your phone and check on your trade. Make a change or set up another alert if it’s necessary and go right back to sleep. Trading binary options on your mobile device doesn’t just make trading more accessible, it also reduces the interference it causes with the rest of your life. This may make it easier to create a healthy balance of trading with other important life activities.
More Binary Trading Apps – Charts Etc
I will research more apps available for trading and list them here.