Binary Options Platforms

Despite the rise in popularity binary options as a variety of trading tools on the financial market, this direction of trading does not differ in the presence of a large variety of trading terminals that offer brokers to carry out the trading processes of binary trading. Basically, everything is reduced to the use of several platforms with reduced, with rare exceptions, possibilities of technical means and auxiliary services. In this material we will carry out a comparative analysis of the main trading terminals, which are available on the market. We will start with the representatives of this software product, who were the first to appear on the market.

The Tradologic platform

This trading software was one of the pioneers of binary trading. It is notable for its simple design and understandable interface for a beginner. It cannot be said that this terminal is overloaded with buttons of additional services or sets of various technical tools:

The main advantages of this terminal for binary trading include:

• Availability of a large list of trading assets, more than 500
• Different types of binary options, 8 titles
• News support for trade processes
• High return on contracts

However, on the background of the advantages it is necessary to mention the disadvantages. The main one is the lack of technical possibilities for the use of automatic indicators for the analysis of the market situation. The second one is the format of the trade chart. It is so small that it does not allow applying forecasting approaches, based on technical analysis of quotation fluctuations. Thirdly, you will not be able to view the quotes history of the asset, so it is impossible to test trading strategies without using your own capital. Already these disadvantages of the platform show its limited potential. Although, this version of the trading software can become an acceptable tutorial for a novice binary options trader.

TradeSmarter platform

The new WOW platform from Tradesmarter is unified and functional on all devices, it is the result of a lot of research and development over a long period of time. As a result of the development we have solved one of the most difficult problems in the online trading industry.

Features of the trading platform:

• Providing full functionality to all trading exchanges,
• Arrange according to hundreds of financial rules as well as trading rules and laws,
• Providing first-class protection for clients,
• Regular updates to the platform to make it more efficient and convenient.

This platform is used by the broker Finmax, you can register a demo account and test all of the functionality yourself.

IQ Option trading platform

More recently. IQ Option company has released a new version of its platform 4.0, which is the company’s own development. You can see more about the platform in this video clip.

The IQ Option platform does not accept traders from Russia. If you live in another country, please read with this review and reviews foreign traders. You can register a demo account through this website – http://fraudbroker.com/review/iq-option/

New Binomo platform

It is worth saying that this broker placed the SpotOption platform on its website a year ago and offered it as the main platform. But the company had serious development plans and has always been distinguished by its innovative approaches to binary trading services. Therefore, the broker abandoned the outdated terminal and created its own product, which is not similar to the classic terminals for binary options trading. By the way, this terminal was the first purely Russian development, in which the developers tried to take into account all the wishes and requirements of traders.

The main advantages of the platform:

• Widescreen chart that has functions to change the way the quotes are plotted (line and candlestick), scaling and viewing history, which allows you to test any trading strategy in a simple form, without the need to formalize trading positions
• An innovative approach to displaying trading positions, which are drawn on a financial asset in the form of price levels.
• A set of indicators with an optimal list of technical tools that are used in the most effective trading strategies. In addition, this set has expanded opportunities for traders in the development of new trading systems
• High up to 87% binary options returns
• Trading in non-stop mode
• Optimal, for highly effective trading, expiry range
• A wide selection of more than 80 items trading assets options
• A large number of auxiliary services that can raise the profitable potential of binary trading.
• Interactive prompts accompanying the trading processes.

The appearance of a trading terminal of such a high class was an event on the market of these services. By significantly expanding the opportunities for traders, Binomo provided an excellent tool for trading on the options market, which is able to significantly influence the user’s trading results with the help of technical features. This platform quickly became the main trading software for professional traders because it offered features that were previously unavailable to option market participants. The new Binomo platform is a step towards comfortable, high-tech and profitable binary options trading.

To summarize, I would like to say that time does not stand still and it affects everything. Once advanced and attractive terminals are becoming obsolete and giving way to new technological products, such as the new Binomo platform. All a trader has to do is to get oriented in time and make his or her trading more effective and profitable.

Olymp Trade Platform

I OlympTrade broker comfortable and flexible platform of its own design. The company is constantly improving the platform in accordance with the needs of traders and the latest industry trends. You can also download the mobile application (download Android appdownload iOS app), the uniqueness of which is that its interface fits perfectly on any gadget. You can easily unfold graphs and view information.