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Optionfair.com’s binary options mobile trading interface is unique, given the fact that there are no available stand alone binary options trading app, either for Android or the iOS enabled devices. Instead, Optionfair has a well optimized mobile trading website that can be directly accessed from the mobile browser. Windows phone users, who might seem a bit left out will find it refreshing to learn that the web app feature of Optionfair means that the website can be accessed from Windows phone browsers as well.
The mobile interface website of Optionfair offers the same functionality as if you were accessing or trading from your desktop/laptop. What’s more, there is even a deposit option included in the mobile website thus making the optionfair binary options trading web app truly complete. After all, if you were trading from a mobile enabled device, would you really visit the desktop version of the website to make a quick deposit?
Traders can open an account either from the Optionfair.com website of the desktop or directly from the mobile website interface of Optionfair. Opening account is quick and easy and the first interface you see is a well structured website, with clear navigation. The top section of the screen consists of all the binary options that you can trade, including a banking section and ‘My Open Trades’ section.
There is also the option to switch languages directly from the Optionfair webapp trading interface.
Optionfair Mobile Trading App – Features worth a mention
Navigation: Simplistic view and structure of the navigation makes it easy for complete beginners as well to navigate around the Optionfair binary options web app. At all times, traders can see their available balance as well as the ‘Home’ icon which takes you back to the main screen.
Besides the general navigation, it is also extremely easy to select the asset/instrument that you want to trade, which is neatly structured into Forex/Commodities/Indices/Stocks followed by a drop down selection of the type of binary option you want to trade.
Trading: After selecting the type of binary options that you want to trade; it is as simple as selecting the asset/instrument that you want to trade, which opens the trading interface. Again, the trading interface is very simple with a brief explanation of the option, and the High/Low or the relative buttons available to trade.
Charting: For a binary options mobile app that is stand alone, we find the charting interface which is enabled while trading to be quick to load. Of course, the usual bells and whistles are missing, but the chart is visually appealing.
Banking: Binarymobs.com was pleasantly surprised to finally come across a binary options broker that allowed for deposits directly from the mobile interface, given that this feature is usually not available with most binary options trading apps or even web interface. However, before you get your hopes up, deposit methods from the mobile web app is only limited to Credit Card deposits. For other deposit methods such as Moneybookers (Skrill) or Bank Wire, deposits can be done only from the desktop version of the website. While withdrawals are only possible from the Desktop version of the website, regardless of the type of withdrawal you choose.
Optionfair Mobile Trading App – Features that are lacking
Needless to state, there is a lack of a mobile trading app for iOS, Windows and Android. However, this is compensated by the fact that the mobile binary options web app from Optionfair is well developed and offers a great mobile binary options trading interface.
It would be nice to have a withdrawal feature (at least for withdrawal by Credit Card) implemented into the mobile web app interface.
Binarymobs.com – Optionfair Mobile App Review
After conducting our tests, we at Binarymobs.com give Optionfair a ‘five-star rating’. The simplicity of the mobile optimized website ensures that traders, irrespective of the mobile or smart phone that they own can access and trade binary options at Optionfair. There isn’t much to complain really! Our best trading experience was of course on the iPad and Android enabled tablets. The website loaded quickly and transactions were smooth and easy. Smaller screen size devices will find the same functionality but without the pleasing icons.
Although the deposit option is limited to only Credit Card deposits and no option to withdraw from the mobile web app interface, we still find this to be fair.
Optionfair is a CySec regulated binary options broker and offers an innovative binary options trading platform. The company is operated by BO TradeFinancials based in Cyprus. There are regular promotions that are offered, besides a host of complimentary features such as daily trading signals, depending on the account type that you choose as well as 5 insured trades, which ensures that any losses incurred within the first 5 trades that you make are covered by Optionfair.
Click here to trade with Optionfair.com