SpotOption is first binary provider to launch mobile app

Binary Options market which really kicked off about a year ago is undergoing rapid development. Binaries are forex on speed

Binary Options market which really kicked off about a year ago is undergoing rapid development. Binaries are forex on speed – everything in this industry is happening faster but emulates the forex industry quite a bit. Mobile trading became popular in the forex market only couple of years ago. With Metatrader being the most popular trading platform there are several mobile providers who developed their version of the MT4 mobile platform. Metaquotes itself was slow to respond and though it launched  MT5 equipped with mobile, its MT4 still doesn’t have a mobile app – thought it should be in development.

In binary options the platforms come equipped with everything from front to back-office, CRM, liquidity and whatnot. Now SpotOption is the first to introduce a mobile app for its binary options platform. Trading Binary Options on mobile should be much more fun and easier than forex – the interface and trading options are much more basic and hence may be very attractive to retail traders.

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SpotOption Ltd. announces their newest feature to hit the binary options industry – a fast, unique Android application. SpotOption was the first trading platform to offer the Apple approved iPhone and iPad application in early 2011, and due to its success SpotOption has now added the Android. Also downloadable for free, the Android application is extremely user-friendly and includes full website functionality, such as live and dynamic charts of every option available, opening and closing of trades with instant execution, depositing of funds, universal login, intuitive touch screen control, help and support, etc.

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SpotOption’s white label and strategic partner, OptionRally, was the first white label to launch the iPhone and iPad application, and is now also the first to offer the Android application. OptionRally targets the central European market, which has proven to be one of the prime areas of interest in Binary Options.

As Binary Options is the simplest form of trading available today, the addition of the Android application allows Android owners to take advantage of asset price fluctuations on-the-go. The mobile application is user-friendly and reliable, with the same robust trading engine that SpotOption has become notorious for providing their white labels with.

“The iPhone application has proven to be a great hit with our labels, so the addition of the Android was the next natural step,” says Pini Peter, founder of SpotOption . “We are committed to staying ahead of industry trends, and to providing our labels with every option to encourage fast, accessible trading by their users.”

To download the Binary Options Android App, https://market.android.com/details?id=com.libratrade&feature=search_result#?t=W251bGwsMSwxLDEsImNvbS5saWJyYXRyYWRlIl0.

Binary Options industry is described in much detail in the latest Forex Magnates Retail Forex Industry Report.
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