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Author: Shane McCormick
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Shane McCormick

Mobile Trading Apps

You cannot fail to be aware that in today’s tech-orientated world, more people access the Internet from mobile devices than from fixed devices like PCs. As a result of this, more and more businesses are creating mobile-optimised websites and apps to complement their main website; brokers are certainly no exception to this phenomenon.

As a day trader, this gives you a massive advantage and means that your trading activities no longer need you to be sat behind a desk for hours on end. The majority of brokers invest heavily into mobile technology to make the trading experience from a smartphone or tablet equally as good (and even better in some cases) as trading on their main website from your PC.

You have undoubtedly found that some brokers have better mobile facilities than others and with so many to choose from, it is a tedious task to check out this aspect for every broker that interests you; that is where we come in. Our extensive broker reviews always cover the all-important subject of mobile access to ensure a functional and secure environment is upheld.

Top Rated CFD Sites

#1 - Pocket Option: Best Overall

Pocket Option Logo
9.8
Superb
Bonus Up-to $2000 Assets 130+
Min. Trade $1 *Payout % 92.76%
Over 130+ assets to trade now
Instant access to social trading
Single account option, for everyone
Tournament with prize of $50,000
IFMRRC is not an official regulator
Limited account funding methods
Deposit Methods
Visa Klarna PayPal Neteller
120 visited this site today
Pocket Option Review

Editors Summary

Pocket Option offers many excellent features to new and existing traders. When you check-out the various account types, you will see that they work with traders of any level – newbie, beginner, experienced, master etc. This site is so easy to use, and while CySEC does not license them, they have good feedback online and tick all of the boxes of a trusted broker. We love the ease of use and no-frills approach which is replicated with a great user experience.

#2 - Binarycent: Best Free Demo

Binarycent Logo
9.3
Excellent
Bonus Up-to $1600 Assets 150+
Min. Trade $1 *Payout % 91.48%
Over 150+ assets to trade now
Bespoke platform for PC and mobile
Low min deposit of $0.10 per trade
Great support in multiple languages
Platform not suited to pro traders
No free demo account option
Deposit Methods
Visa AMEX Bitcoin Klarna
93 visited this site today
Binarycent Review

Editors Summary

Binarycent, while a relatively new broker, tick all of the boxes when it comes to trading. They are competitive and offer all of the things that you would expect. Benefits include an excellent mobile trading platform, welcome and deposit bonuses and a good support system. There are phone numbers available in many languages, alternatively, you can send a message with your details, and someone will get back to you.

#3 - Raceoption: Best Mobile App

Raceoption Logo
9.1
Very Good
Bonus Up-to $1000 Assets 140+
Min. Trade $1 *Payout % 89.72%
Over 140+ assets to trade now
Account options for every trader
Trading available 7 days a week
Super-fast 1 day withdrawals
Demo account requires $250 deposit
UK-based, but licensed offshore
Deposit Methods
Visa Klarna PayPal PaySafeCard
35 visited this site today
Raceoption Review

Editors Summary

It is clear to see that Raceoption mean business and that their all-around offering to traders is making them a serious competitor in the binary options market place. From their easy to use trading platform to the fact that they offer such good withdrawal terms, you can't help but feel that this broker is going to experience a lot of growth, quickly. With a base in London, reputable licensing, an acceptance of US customers they tick all the boxes when it comes what traders want.

Risk Warning / Ad Disclosure

Risk Warning: The products offered by the companies listed on this website carry a high level of risk and can result in the loss of all your funds. You should never risk money that you cannot afford to lose.

Ad Disclosure: Some of the links that you will find on this website are advertisements for which we do receive financial gain for referring new customers.

Why Trade on a Mobile

Mobile

There are loads of good reasons for you to trade on a mobile device, including the fact that it means you can fit in your trading around other work or family commitments. Here are a few for you to think about:

Trade From Any Location

Because day trading is a particularly fast-paced environment, sometimes you will need to make instant decisions on a particular trade. Perhaps it is one you want to make, or maybe one that you need to short. Either way, you can deal with any urgent matters from a mobile device. It does not matter whether you are on your work lunch break, picking the kids up from school, or on the other side of the world enjoying a much needed holiday, provided that you have a good enough Wi-Fi connection you can still access your trading account and platform.

React Faster to Market News

It does depend a lot on the assets you trade, but some are particularly volatile and can change in seconds in response to a world economical or political event. All savvy traders have a good quality newsfeed and when an event occurs, if you are mobile-ready, you will never miss out on a great trading opportunity. Generally speaking, it is easier to customise an app to receive real-time notifications, rather than having to check your e-mail or a separate newsfeed via your browser.

Get Instant Notifications

As we have already mentioned, as a day trader you will understand that things can change and happen very quickly. If you are able to connect from a mobile device, you can have your app primed to feed you immediate notifications about notable market changes. We cannot stress enough the importance of knowing what is happening at any given time, but suffice to say it is potentially the difference between a big profit or a big loss to someone in the day trading environment.

Save Money on Equipment

Another great thing is that mobile trading can also have cost benefits. The chances are that traders who confine themselves to a fixed device workspace use high-spec PCs with multiple monitors. There was a time when this was the only way to be successful as a trader, but luckily for you, today’s technology means that you can access the same features and benefits from a device that you already own, saving you the cost (and time) of acquiring a suitable set of static equipment.

Recommended App Features

Todays Top Traders
Trader Broker Asset Profit

Security is the main feature you should be looking at. No matter how functional an app is, if your financial and personal data is accessible and vulnerable, then it is of no use to you. Assuming that side of things is in order, there are many other features we think you will find beneficial as a day trader.

Almost everyone has a favourite trading platform or at least one that is familiar to them. Always make sure that your chosen broker offers a platform that you feel comfortable with. The last thing you need to be doing is trying to learn how a different one works. The ability to customise your app is another important aspect for a day trader, if you use custom signals for example, you need to be sure that you can still use them when you are mobile.

Oddly, some brokers do not add the functionality of accessing your personal or account details to their apps, perhaps expecting you do carry out those functions on a website before trading via an app. Always beware if this is the case, as it could mean evidence of cost-cutting. Mobile data should be secured with (ideally) 256-bit encryption, which admittedly is not cheap to implement, but a good broker will not cramp your style by missing out this vital trading functionality.

Mobile App Trading Tips

First and foremost, you should always take steps to ensure that you have made your device as secure as possible. Basic mobile securities you can easily apply include a strong password (changed regularly), using 2-step authentication and routinely scanning for malware. It is also worth installing a remote ‘lock and disable’ feature, in the unfortunate event that your device is lost or stolen. No matter how secure an app is, if your device is not, you are leaving yourself open to a variety of threats.

Choosing an app that has been designed specifically for the screen size of your device and its operating system, rather than a one-size-fits-all version, is the best choice. By leveraging the capabilities of your individual device you will get a much better trading experience including:

  • No browser, so quicker access
  • An optimised view of your trading platform
  • Faster execution of trades
  • More customisation opportunities
  • Offline access

Another feature you may not be aware of is the screenshot feature which most smart devices can do with a single click or swipe, depending on how you have your phone or pad set up. This can provide you with vitally important information for creating your own historical analytics, or indeed to mark an important moment in your trading, be it good or bad.

Choosing an app that has been designed specifically for the screen size of your device and its operating system is the best choice.

How We Rate Mobile Apps

We always set out to find you brokers that offer the best all-round experience for the average day trader. Our in-depth reviews cover every aspect of the broker's operation from when you sign up through to customer support. One thing we feel is of prime importance to day traders is the availability of secure and functional mobile trading opportunities.

You will find there are two types of mobile access, either a mobile-optimised version of the broker’s main website or a dedicated native app. As we explained a little earlier in this guide, our preference is for an app rather than a mobile website. Apps are generally more functional and easier for you to manipulate, so we focus more in that direction.

We also never forget the importance of customer support. No matter where you are in the world, or what type of device you are trading from, speed is of the essence for any day trader. From that aspect, one of the things we always check out thoroughly is just how quickly you can get in touch with someone if things do not go quite according to plan for some reason.

Our Review Rating System (More Info)

10% 10% 10% 15% 15% 20% 20% Pie Core
  • Account Types
  • Banking & Payouts
  • Bonuses & Promotions
  • Mobile Trading
  • Trade Types
  • Special Features
  • Customer Support
Expert Reviews

Frequently Asked Questions

FAQ

Do mobile trading apps have fewer features?

The majority of trading apps have at least the same features as the broker’s main site and in some cases, offer even more functionality.

Are the same bonuses offered to app users?

We find that the majority of brokers offer exactly the same financial benefits to clients who trade from a mobile app as to those who trade using the main website platforms.

How can I find the best mobile-friendly sites?

This is where we can help. Our extensive broker reviews always cover mobile trading facilities in detail, so you can find a ready-made shortlist to select from.

Can I trade all asset types on my mobile?

It is unusual to find that there are any less assets available if you are trading from a mobile device and if that is the case, it is quite likely the broker would not make it onto our recommended list.

Are my personal details safe using an app?

Any broker we review will have had all aspects of the operation checked for appropriate security measures, including all mobile versions available.

Top Rated CFD Site

#1 - Pocket Option: Best Overall

Pocket Option Logo
9.8
Superb
Bonus Up-to $2000 Assets 130+
Min. Trade $1 *Payout % 92.76%
Over 130+ assets to trade now
Instant access to social trading
Single account option, for everyone
Tournament with prize of $50,000
IFMRRC is not an official regulator
Limited account funding methods
Deposit Methods
Klarna PayPal MasterCard Skrill
139 visited this site today
Pocket Option Review
Risk Warning / Ad Disclosure

Risk Warning: The products offered by the companies listed on this website carry a high level of risk and can result in the loss of all your funds. You should never risk money that you cannot afford to lose.

Ad Disclosure: Some of the links that you will find on this website are advertisements for which we do receive financial gain for referring new customers.

Meet The Author
Shane McCormick
Shane McCormick
Money Manager

Shane’s contributions to the site have proven incredibly popular, and he’s been with us since 2014. Having a background as a Money Manager for five different brokers, three of them household names, it’s clear that Shane has the substance to back up the knowledge he shares.

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