A Comparative Analysis and Review of Binary Options Brokers Offering Mobile Trading
A Comparative Analysis and Review of Binary Options Brokers Offering Mobile TradingJuly 31, 2012
If you are an amateur trader or an experienced Wall Street veteran wanting to trade binary options using your Iphone, Ipad, Android, or Mobile device and make some nice passive or residual income, you need look no further.
* Tip: Always remember to register through your PC or laptop since the sign up process is much easier and faster. Other than that, trading on the mobile apps are very simple and user friendly.
Moving along, I have tried and tested them all, and made a comprehensive examination of all the binary options brokers that offer trading on your mobile device. I have also aggregated a collection of cellular phones and other devices and have made a list descending according to popularity as to what mobile devices are the most used and voted most popular by mobile traders.
As you can obviously see the most liked and used mobile trading devices are the Apple iPhone followed by the iPad. They were also voted best and were highly recommended for mobile trading by my colleagues. The rest of the smart phones follow. Apparently Windows Mobile OS and Kindle do not support this, or alternatively they are not used by the traders I asked.
The following is a review of mobile trading applications offered by binary options brokers either through the app store or via android. While other brokers offer similar solutions, I have only reviewed the recommended brokers that I have personally traded with and can guarantee their level of credibility and honesty.
OptionBit: Register Through Your PC or Notebook
Optionbit is a relative newcomer in the smartphone arena. However they have matured to produce a very successful product. When I used it to trade I was on a train and was able to get wifi and start investing immediately. Granted, its not like sitting in front of your PC at home or office but the experience was very positive and I was able to make some great trades and even finish in the money while using my iphone overseas on business trips.
The application was intuitive and easy to use. I always register on their website and then trade on my mobile. The registration process on Iphone is tedious and unfriendly, but this is true in all binary apps.
App Score: 4/5
Ikkotrader: Registering Through Your PC or Notebook is a Must
Ikkotrader was one of the first brokers to have trading application included in their product offering. You can install the application free of charge from your Iphone, I have done it myself. It support iphone 3g, 3gs and 4g. I was asked by a friend of mine if it supports Amazon Kindle, I really don’t know but it’s fairly simple to contact their support and ask.
Moving forward, the buttons were kind of smaller than I expected on the date ranges and asset selections, but the flow and trading logic was similar to the online version. I would have to give their app a relatively low score for small buttons. Also you can very easily see that it is more European facing because of the language they use. If I was French I would probably use this application for trading binary options on my mobile device.
App Score: 3/5 (If you parlez vous its 4.5/5)
Traderush: Signup Using Your Personal Computer
Traderush is slowly becoming my favorite all time broker. They are the newest of the lot, but they have learned from the mistakes the other brokers made and created an amazing application which runs very smoothly and is extremely user-friendly.
As in all cases, I recommend registering through your PC or laptop because it always takes longer through the iphone.
Click Here to Register a Traderush Account
App Score: 4.5/5
Anyoption: As Always, Register from a Desktop or Laptop Computer
Anyoption is one of the most trusted and reliable binary options brokers available online today.
I was told that their app is in Beta mode scheduled to launch in 2-3 weeks from today. However I was able to log in and trade after registering through my PC. If you prefer using Android or Blackberry you will also be able to trade with Anyoption in the very near future.
App Score: 4/5
Click Here to open an account with Anyoption
Below is a distribution chart that lists the mobile device type and model along next to the popularity level. Its plain to see iphone and ipad are leading the way with SonyEricsson far behind in 3rd place.
|Mobile Device||Most Popular|
|SonyEricsson LT15i Xperia Arc||5%|
|RIM BlackBerry 9360 Curve||4%|
|Samsung SCH-I500 Fascinate||4%|
|Samsung SGH-I997 Infuse||4%|
|HTC Inspire 4G||3%|
|Motorola MB860 Atrix||3%|
|Motorola xt875 Droid Bionic||2%|
|Samsung GT-P7510 Galaxy Tab 10.1||2%|
|Asus Eee Pad TF201 Transformer Prime||2%|
|HTC EVO 4G||2%|
|HTC 001HT Desire HD SoftBank||2%|
|HTC ADR6350 Droid Incredible 2||2%|
|HTC ADR6400L Thunderbolt||2%|
|HTC G2 HTC Sapphire||2%|
|HTC PC36100 EVO 4G||2%|
|Huawei M860 Ascend||2%|
|LG VS910 4G Revolution||2%|
|Motorola Droid2 Global||2%|
|Motorola MOTWX435KT Triumph||1%|
|Motorola MZ601 Xoom||1%|
|RIM BlackBerry 8520 Curve||1%|
|RIM BlackBerry 9300 Curve 3G||1%|
|RIM BlackBerry 9670||1%|
|RIM BlackBerry 9700 Bold||1%|
|RIM BlackBerry Bold Touch 9900 Dakota||1%|
|Samsung Galaxy Nexus||1%|
|Samsung GT i5700 Galaxy Spica||1%|
|Samsung GT-I9000 Galaxy S||1%|
|Samsung GT-I9100 Galaxy S II||1%|
|Samsung SPH-M820 Galaxy Prevail||1%|
|ZTE X500 Score||1%|
For French traders wanting to use mobile devices, here are some of the recommended models: Samsung 3s Alyzia, Samsung 3s Delcourt, Samsung 3si
For Italian traders wanting to use mobile devices, the recommended model is the Samsung 3s Roissy.
For German traders we recommend Android Honeycomb, Android NDK, Android SDK, Android 2.2, Android 2.3, Samsung 3s Arbeitsschutz, and Samsung 3s Blick.