Optionbit mobile trading device
Being in the industry since , OptionBit has already established themselves as a reputable and reliable binary broker. In this review, we will look at some of the changes adopted during the recent revamp of the trading platform.
The first thing that is noticeable is the difference in layout of the trading platform. For starters, it is possible for traders to close a trade before its expiry with the trading platform. The system automatically scans the markets and helps to alert traders of any new trends that are forming in the market.
This means traders will never have to miss any trading opportunities anymore. Apart from providing their traders with advanced trading tools, OptionBit also made it a point to support their traders with mobile trading ability. All they have to do is to download the trading App on to their mobile devices and they are set to go. With OptionBit, the return on investment varies according to type of options traded.
It is very essential to learn and practice trading skills before trying out a real trade, especially if you are a novice binary options trader. Some binary options brokers offer a free demo account to traders. You can sign up for a free demo account. Then, you can access the trading platform via your mobile phone and practice binary options trading at any time and from anywhere. In addition, the demo account is a useful tool to test your new trading strategies without risking your own money.
Using mobile devices enables you to connect to the internet constantly and keep you updated with the latest changes in market. You can always keep an eye on current market trends when you are not sitting in front of a computer screen. Because the breaking news and unexpected political and economic events can trigger a sharp reaction in financial markets, if you followed the news on your mobile phone, you can take immediate actions and minimize investment risks.
Mobile devices need to connect to either a Wi-Fi network or a cellular network. For example, Wi-Fi hotspots may be only installed in selected subway stations in a city and there is no Wi-Fi coverage in tunnels, or you moved out of range of the cellular network.
The internet connection speed of a mobile phone can be slow. Some mobile trading platforms may be adapted from the platforms for PCs, which may take a long time to load. Some platforms may not be properly developed for mobile users and it may lead to connection timeouts.
Now traders have a choice of more than 65 underlying assets to trade with. Accessing the support services at OptionBit is hassle free as traders can reach them easily through:. To prevent running afoul of anti money laundering measures, all fund transfers are done through internationally recognized methods like credit cards, wire transfer and MoneyBookers.
The recent makeover at OptionBit is like a breath of fresh air. But what is truly impressive is the fact that they have gone through all the trouble to incorporate the Algobit Trading Management System with their trading platform. In other words, they have taken something good and made it even better. This broker is not recommended. This broker is either not regulated or generates a large number of complaints.
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