Best Binary Options App – Comparison & Review

Many brokers offer the trading of Binary Options on your home PC. Today, however, traders are increasingly looking for practical ways to call up quotes on the move and to place and process their own trades. This makes it possible to react faster and easier for changing price developments.

In our test, IQ Option’s app fully convinced us. See a screenshot of my smartphone below:

The advantages of the IQ Option Binary Options App:

  • Free demo account $ 10,000
  • Minimum deposit $ 10
  • High yield up to 100%
  • Trade Binary Options, Forex, CFDs, Stocks, and more
  • More than 10 deposit and withdrawal methods
  • Professional tools for analysis, market news

(Risk warning: Your capital is at risk)


In the meantime, Binary Options Apps for traders have become an indispensable part of everyday life. Especially with Binary Options, which are designed for a rather short period of time, traders want to keep a good overview of what is happening. Here we present the best apps for trading Binary Options, which offer traders an ideal overview and usability for trading on mobile devices.

Which one is the best Binary Options app?

From my experience, IQ Option is the best trading app for Binary Options. It offers a free demo account with $ 10,000 virtual money where you can test the platform. The app is available for android and iOS users.

But what is so special about the IQ Option app? – In the next table, I will show you a comparison of the features and advantages.

IQ OptionOther Binary Apps
Regulated brokerNot regulated
Fast connectionNo fast connection
User-friendly interfaceHard to understand
No laggsDoes not work smooth
High yield up to 100%Yield below 80%
Professional analysis toolsNo analysis tools

IQ Option is not the only app where you can trade Binary Options. I tested several apps from different brokers. All in all IQ Option showed me the best conditions and trading experience. See the table below for the ranking of the Binary Options apps.

Broker:

Rating:

Regulation:

Advantages: 

Start trading: 

1. IQ Option

IQ Option logo
5/5

CySEC

+ Yield up to 100%
+ Best platform
+ 24/7 support

2. Deriv

Deriv logo
4.5/5

6 regulators

+ Yield up to 95%
+ Auto trading (bot)
+ MetaTrader 5

3. Pocket Option

Pocket Option logo
4/5

No regulation

+ Yield up to 92%
+ No registration 
+ Accept any clients

4. Binomo

Binomo Logo
4/5

The Financial Commission

+ Yield up to 90%

+ 24/7 trading
+ Awarded broker


5. Expert Option


4/5

VFSC


+ Yield up to 90%

+ No registration
+ Trusted platform


The app is also available for the pc

If you are searching for an app for Binary Options it should be available for any device. The IQ Option app can be downloaded for the android, iOS, and computer device. Another advantage of the PC app is that it is faster than trading with the web-browser.

Check out the screenshot of the IQ Option PC app:

As you see in the picture above, there is not so much difference between the PC app and the mobile app. You can use the same features on your mobile phone like with your computer.

Features of the Binary Options App:

Many traders are asking what can you do exactly with a Binary Options App? Are there any limits or special features? Nowadays the app is built like any other trading platform. Due to the technical development of the last years and the rise of the smartphone, apps become more and more popular.

The developers add more features and today these apps have often the same features as the computer programs. Here is a list for you which features are available with the recommended Binary Options App:

  • Multi-Charting (analyze more than one chart)
  • Different chart types
  • Trading indicators
  • Drawing tools
  • Market news
  • Video tutorials
  • 24/7 support
  • Chats
  • Deposit and withdrawals
  • Demo account

How to trade on the app?

If you want to start trading on the app, I recommend using the free demo account first. You can test the platform for free.

It is important to know that there are no differences in Binary Options trading by using an app. The financial product is the same and also the execution of the trade. Binary Options are the simple financial product which is not hard to understand.

There are only 2 possible outcomes of trade: You can earn a high yield of up to 100% or lose the investment amount.

How to trade:

  1. Choose the market you want to trade
  2. Do a forecast and analysis of the price movement
  3. Choose the expiry time of the trade
  4. Choose the investment amount of the trade
  5. Open the trade on rising or falling prices
  6. Wait for the result

Indicators and charting:

Indicators and chart analysis are the tools for successful traders. To make a correct forecast of the market and price movement it is important to know the market situation and value of the price.

Is it a cheap or expensive price for this market? The price will always find sellers and buyers who are willing to move the market. Also, there are prices where the market will turn around quickly. As traders, we have to identify the right prices where we can sure that the market will move in our direction. This can happen by using indicators and chart analysis.

In our recommended app you can use more than 40 different indicators and more than 5 different chart types. In addition, you can change the time frame of the chart very quickly.

Indicators are very powerful combined with chart analysis. I recommend trading support and resistance levels. These are prices where the markets turn around more than one time. Buyers and sellers are thinking it is a good price to buy or sell.

See the screenshot below for an example:

Download the Binary Options App for Android and iPhone

The Binary Options trading app is available on any mobile device which is running on android or iOS. But how to install the app? – Just go to the App Store or Google Play Store and search for the IQ Option app. If you click on the button below you will get directly to the download. The installation takes a few minutes and then you are finished. Login with your account or register a new one for free.

(Risk warning: Your capital is at risk)


Is there any fraud with a binary options app?

Trading with Binary Options today cannot be considered fraudulent. However, there are some dubious providers in the market where traders should proceed with special caution. Often, traders will come across dubious providers where the money won is not paid out.

To avoid these problems, traders should compare the apps and see what others have experienced with the selected binary options broker. Through the experiences of other users, there is always a chance to find a serious and good provider.

Use regulated broker for trading safe Binary Options

Does the mobile offering of Binary Options have any limitations?

Trading with Binary Options is now well possible on the various platforms. Mobile apps are also well applicable in their current form. Traders can manage the entire player account there. Of course, it depends on the particular provider where the app is downloaded. But the management of the own account is possible with all apps. Thus, trades can be controlled, placed, and managed without any restrictions in the app. Also, the payout of any winnings received can be paid out in a few steps.

Normally, there are no limitations by using a Binary Options app. Our reviewed apps give you the best conditions for trading.

The selection of trades in the binary options apps

If you are a trader and want to download a Binary Options app, you will see some advantages. Just the flexibility a trader gets due to the mobile devices is a clear advantage. Mobile trading has finally become very popular today. Often the providers even allow you to have a demo account with which you can get to know the app. User-friendliness is also a top priority here. Traders have immediate access to direct trading via smartphone or tablet and can intervene on the go.

As soon as the Binary Options app is loaded onto the mobile device, all common steps can be taken. Even any winnings received can be paid out with just a few simple steps.

Is there a kind of bonus with the Binary Options?

There is no direct welcome bonus with the Binary Options. What is made possible for the traders is a demo account where a certain amount of fictitious assets is credited to the account. Through the demo account, the individual trades and the entire process can be learned in a few steps. Traders who have no experience will thus gain a good insight into stock exchange trading and do not have to use their own money directly. However, a demo account cannot be called a welcome bonus.

But some brokers are offering deposit bonuses. If you deposit money into your trading account you can activate a bonus of 50% or even 100%. The bonus is credited to the account or shown separately. But keep in mind there are conditions to it. You can not withdraw the bonus without fulfilling the conditions. It is often a turnover of the bonus amount like 10x or 30x.

Brokers which are offering bonuses:

  • Pocket Option
  • Binomo
  • Expert Option

Conclusion: Binary Options Apps – serious and without fraud

It is not always difficult to find the Binary Options apps that are not involved in any scams and also pay out the winnings. Traders can only protect themselves in this case if they include testimonials from others and have a valid license. Targeted comparisons of the apps are also very helpful here and offer a good insight into the providers.

A demo account also shows whether the Binary Options app is a reputable provider. Many online providers offer a demo account, as described above so that insecure traders can also get a picture without risk. Accordingly, all traders should use this offer of demo accounts for themselves.

(Risk warning: Your capital is at risk)


Read my other articles about Binary Options:

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