Android, the open source mobile operating system has become one of the fastest growing mobile OS and has given rise to number smartphone devices, giving the likes of Apple a run for its money. The fast growing binary options industry has also managed to catch up to the Android OS with almost every binary options broker that offers binary options mobile trading, now having a binary options trading app for Android devices as well.
Available to download for free via the Google Play store, binary options traders can simply download the binary options mobile app of their choice and start trading directly from their Android enabled smartphones and tablet devices. The distinct advantage of Android also comes from the fact that due to its open source nature, any mobile or smartphone manufacturer can now build their smartphone on the Android OS. This means, you don’t have to pay a premium for owning an iPhone.
Binary options mobile trading experience on Android devices
Depending on the smartphone you are using, binary options mobile trading apps for Android devices offer a rich visual trading experience as well functionality. Therefore, traders can expect to trade binary options on the go from their Android enabled devices without having the need to run to their desktops or laptops or even netbooks. All that is required is an account with a binary options broker that offers Android trading app, a good mobile 3G connection or Wifi and you are free to trade binary options from just about anywhere. Of course, the better your smartphone or handheld device is, the more faster and thus more visually enhancing the experience is for binary options mobile trading.
Do all binary options brokers offer trading apps for Android devices?
With the exception of a few brokers, just about every broker that offers binary options mobile trading do offer apps for Android enabled devices. If in doubt, contact your binary options broker to find out more or just search from the Google Play if you have a specific binary options broker in mind.
Are binary options mobile apps for Android safe?
Yes! Do not mistake the open source nature of Android as a means of having to deal with compromised binary options trading apps. When it comes to security, the apps available on Google play are just as safe and secure as the apps available from the iOS app store. Most binary options brokers offer their Android trading apps with the basic features such as a choice of binary options available to trade, ability to check on open trades, option to check on your trade history and the most recent transactions. For the binary options mobile trader, these features are more than enough. Some binary options brokers do offer additional functionality such as advanced charting capabilities, banking features such as making a deposit directly from the Android enabled binary options mobile trading app.
Google does give a lot of importance to apps, especially where financial transactions are concerned. So if you own an Android enabled smartphone of tablet, you can rest assured that the data and communications are secure. However, as with any mobile device these days, make sure that you have good connectivity.
When trading binary options on Android mobile devices, make sure that your device is adequately charged. When low in power, apps tend to get slowed down, resulting in occasional freezing of the screen of the binary options trading app, and in some cases would result in having to restart your Android device. This is something traders can avoid, especially when in the midst of placing a binary options contract.
Want to trade binary options on your Android devices? Here’s a quick checklist
- If you own an Android device and you love to trade binary options, here’s a quick checklist to bear in mind while choose a binary options broker to trade from your Android enabled mobile.
- Make sure that the broker you choose is well regulated and is of repute
- Before going ahead and making a deposit and trading from your Android enabled device, make sure to head to the Google play to read up on the device requirements such as memory and storage
- Ensure that you have good 3G or Wifi connectivity. It is always better to place/modify binary options trades when you are connected via the Wifi rather than the 3G network
- Make sure that the binary options mobile trading app that you download to your Android device offers the choice of binary options you trade the most.
To conclude, binary options mobile trading can offer a really exciting way to trade the financial markets. You might not own an iPhone or an iPad, but there are enough binary options mobile trading apps that offer the same excitement if not more. So spend some time researching into a couple of binary options brokers as well as explore the binary options mobile trading apps they have to offer for Android devices.