If you look at the world post 2007, you will see that there is one mobile device which has held its own since then, while many others have come and gone.
At Mobiletradors.com we are of course talking about the iPhone!
No other phone since then has really garnered enamor of users worldwide in the same as the iPhone. Naturally, traders in binary options have proven to be no exception!
Advantages of the iPhone Specific to Binary Options Mobile Trading
In the case of the iPhone, a particularly big advantage for binary options mobile trading is the brilliant display that it offers. The display makes it really easy to view on-screen information unlike a lot of other mobile phones where the display tends to be very poor with poor viewing angles and on-screen readability tending to be severely compromised.
In the case of the iPhone there really are no such concerns at all. The entire experience proves to be an absolute breeze with easy navigation accompanied by a user interface which is extremely friendly.
Further, we have to talk about the OS of the iPhone which is the iOS, with various iterations that we have seen along the way, and iOS 7 being the talk of the town at the time of writing this piece. This is an OS which lends itself perfectly to a wide range of applications or apps as they are commonly referred to. Binary options apps have proven to be no exception at all. As a result, pretty much all the major binary options brokers have started offering dedicated apps where binary options traders can easily trade (and do everything else related to trading in binary options) on these apps.
Agreed that in recent times, Android as a mobile OS has caught on with equal fervor as far as mobile interfaces are concerned yet it is true that Apple and its iOS along with devices like iPhone, iPad, etc. are all in a league of their own. In fact, given the kind of fanfare which Apple commands among many patrons, within the trader community too, there are a number of folks who simply cannot fathom looking beyond any other OS / device than ones from Apple.
Limitations – if any
There are really no limitations when it comes to trading in binary options on the iPhone. Of course, one basic fact is that you must ensure charge on your device otherwise you will not only, not be able to use it for trading you will not be able to use it for anything!
Further, network connectivity is just as crucial – you cannot overcome this aspect in anyway. While traveling this does prove to be an issue although given the iPhone’s powerful capabilities, it may be slightly less of a factor. Against that backdrop, widely prevalent Wi-Fi connectivity, especially in developed markets has made this less and less of an issue. For instance, often while traveling by train or long distance bus, you could find Wi-Fi connectivity onboard. Same is true for very few airplanes / airlines as well, at least on select routes.
Cost – or rather the lack of it!
Newbie traders of binary options are often concerned about the costs – if any, attached to downloading and then trading on apps from binary options brokers. In that regard, please be reassured that there is no cost whatsoever attached to downloading binary options trading apps from the Apple iPhone / iTunes app store. Be it 24Option, AnyOption, Banc De Binary, or any of the other numerous binary options brokers, you will find that there is really no cost whatsoever attached to downloading their apps from the Apple app store.
Usage of the app too involves no cost at all; you can use all possible functionalities without having to pay any money for it. For instance, whether you want to trade in stocks, indices, forex or commodities, you will be able to do so without any qualms.
The only possible cost element that we at Mobiletradors.com can possibly fathom is the network cost attached to trading while you are on the go. Again, this is only a speculative cost since most smartphones come with bundled plans where a certain amount of 3G / 4G / LTE usage is already included; as long as you remain within those limits, and are not “roaming” (as may be the case if you are traveling outside your home network), you will not end up paying extra. Yet, it is always advisable that you double check with your network operator about these possible issues.
If you are looking for an outstanding binary options trading experience while on the go, the iPhone from Apple certainly offer that to you, with the binary options brokers offering a plethora of apps that make the entire experience that much more pleasurable.