How to choose binary trading platform?

Since binary options are easier to understand than Forex trading they are gaining popularity and become one the main substitute for those, who think that FX is too difficult for them. On the other hand, binaries can be used as a perfect tool for hedging your Forex orders if you use them correctly. Even though they are uncomplicated, the choice of the trading platform is still important for your trading. Want to know how to choose best binary trading platform for you? Continue reading!

Choosing binary options platform: Candidates

When you choose binary trading platform, most probably your choice will lie between SpotOption platform, Panda TS, and Tradologic. These platforms have a lot of common features offered to their clients, but the differences between them should not be ignored. All our candidates are web-based and do not require any installation on your PC to be made.

Unlike Forex brokers, binary options brokers tend to offer only one binary trading platform instead of giving you the usual choice between MetaTrader 4 and Web Trader. This is why it is important to choose the right platform before you make your decision about your binary options broker.

Mobile binary trading platforms

Since mobile trading is gaining popularity due to its simplicity, it is also important to pick the platform that does offer high-quality mobile trading app. Each of our candidates does offer application for iOS and Android device that can be downloaded from the AppStore or Google Play Market.

While testing each of the apps, Forex News Now came to the conclusion that the one offered by the SpotOption is the best. In addition to usual binary options trading types, SpotOption mobile app allows you to use social trading feature. Even if you do not have a time to make technical analysis and to place your own orders, you can easily copy trades from the best-performing traders on-the-go and earn some money while you are away from your computer.

The Best Binary Trading Platform: SpotOption

From the point of view of the Forex News Now, SpotOption Trading Platform deserves to be your choice number one. Comparing to other candidates, this platform is definitely the one that should put a dent in the history of binary options industry.

Unlike Panda TS and Tradologic, this platform offers you wider choice of the binary options trading types as well as bunch of the customisation features. In addition to this, the ability to copy trades using mobile trading app opens a lot of new opportunities for your investments. We are sure that the platform that is offered by such well-known binary options brokers as Banc De Binary and 24option will be the perfect choice for you.