The binary options trading industry witnessed the beginning of a new era yesterday with Market Pulse, the leading binary option technology provider announcing that a new HTML-5 based platform for tablets will be made available very soon. The release was inspired by the spur generated from customer feedback and the increased trading trends on Market Pulse’s native mobile application for Android and iPhone. Market Pulse had revolutionized the binary options industry sometime last year with the first ever trading application for mobile users.
The Vice President of Business Development for Market Pulse, Shay Hamama commented on the occasion saying that their mobile trading volumes had gone up exponentially since the launch of their first mobile platform, and currently form a whopping 20% of the total volume. He also said that the new platform will help the brokers in increasing the volumes by a greater margin and that they are very happy to launch this new solution.
Mobile trading volume is generally incremental in nature unlike the volume involved in desktop trading. The move to introduce an advanced tablet trading platform is likely to give broker profitability a boost. The addition of tablet support is a bonus to Market Pulse customers who enjoy the benefits of the cutting edge technology provided by Market Pulse and benefit from highest average lifetime earnings per trade!
The brand new trading platform can be facilitated by adding the recognition for tablet devices to the already existing desktop platform. HTML-5 support allows traders to make the most of the charting function. The Market Pulse mobile trading solution is a pioneer product for Android and iPhone, as far as binary options trading is concerned. It is regarded by many in the industry to be the best available technology mainly due to its user-friendly interface that provides traders maximum freedom to buy and sell quickly and easily.
The news about the launch of the new mobile platform has created a lot of interest in the minds of iOS and Android users. If you are new to binary options trading, here are some things you should know.
The favorable odds of binary options trading
Winning is not a certainty when it comes to binary options trading. Those of you who are coming across it for the first time might want to give it a thought before diving into the world of speculation. Nonetheless, trading in binary options does add a new dimension to speculation with its many tools and trading options that can help you make a calculated guess. Trading binary options is deeply rooted in research work and extensive knowledge about trade assets. That does not mean that only a Forex market expert can succeed in trading binary options. The two ingredients essential to succeeding with binary options trading are sufficient (and reliable information) and careful thought.
Online platforms have made trading easier than ever by facilitating traders across the globe to be a part of the speculative world of binary options trading. All the information and options needed to trade binary options are easily available on any of the online platforms. Trading binary options is exhilarating, lucrative and also a lot of fun.
The right binary options platform
The right binary options platform can be the difference between successfully trading binary options and facing substantial financial loses. The most important thing to consider while choosing a platform is the range of assets it offers and the expiry times. A wider range of assets means more variety to choose from and a wide variety of expiry times means options for short and long term investments. Also a very complicated platform may hamper your prospects of quickly becoming a master at trading binary options.
Familiarity breeds contempt?
The analogy does not apply to binary options. In fact choosing familiar assets to trade can prove to be very beneficial. Binary options platforms generally provide a very wide range of assets including currency, commodities, indices and stocks. Selecting the asset which you are familiar with helps you predict market trends and norms rather quickly and with much ease. If your decision is confident, there are more chances that you will not heed to distractions that are meant to mislead traders. A confident decision also increases your chances of making accurate predictions and choices.
Choose an expiry time that compliments your strategy
Many major investors agree that the expiry time is a key factor in determining the outcome of a binary options trade. The best thing about binary options trading is that the trader is free to choose an expiry period of his/her choice. Choosing the right expiry time offered by your platform based on your short or long term gain is the key element of binary options trading. For more binary options strategy, click here.
A right platform, a familiar asset, and the right timing – these are the key aspects to consider if you want to taste success in binary options trading.