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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 on 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, these 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 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 dummy trades while on the go.

You ought 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 management deposits and withdrawals etc are sometimes overlooked on the weaker apps. The best applications will offer full account management. 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.

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 the 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 dummy 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.