In the long line of binary options trading platforms, the Optionfair trading system is a known name for the traders. The company has been in this world of binary business for a long period of time. But the long trading experience did not help the company in achieving very appreciable position in the present market scenario.
OptionFair Short Review
There are a few traders according to whom the brokerage company is suitable, while other traders are of the opinion that it was not up to the mark and that there was room for improvement.
OptionFair Mobile App Features
It is an obvious fact that with the advancement of technology and development of Smart phones in the hands of each and every trader, mobile binary options trading is the future of online forex trading. Thus the OptionFair trading platform has come up with its new OptionFair mobile application.
It has been claimed by the company that the OptionFair mobile app provides the latest features and best options for trading. But those features do not seem to be quite sufficient for the traders. According to the opinion of the traders, the company claims to have a consolidated list of all the required assets that a trader needs to continue his/her trading, but in reality, those assets do not seem to be very different from any other binary trading apps.
Even some of the traders complained that a lot of similar types of assets were present which distracted them from evaluating the actual price of the required commodity. Having a lot of assets does not make any company unique in its approach. It is good to have a list of assets but it must be presented to the customers in a proper and organized way to help them in earning profits.
OptionFair Mobile App Trading
In the present trading market, the OptionFair mobile trading app is said to provide a lot of trading options like the classic options, one touch, 60 seconds, High/Low. The availability of such a range of options provides the freedom to the traders to place Call or Put option as they wish to. This is obviously a beneficial factor for the traders, but it must be remembered that the above options are provided by a lot of other binary options mobile applications as well.
Thus it is not a unique feature for OptionFair mobile app. Each and every mobile trading app needs to provide trading options for their traders; otherwise the app will not be of much use to them. These basic features cannot be said to be unique for any mobile trading application.
OptionFair Mobile App Auto Update
As the OptionFair mobile app is a web based trading application, it has been claimed by the company that the app is updated automatically. This provides the traders all the latest information regarding the present financial market scenario and helps them to make correct predictions.
It is obviously true that, the automatic update features help the traders in a lot of ways. The traders are able to enter into core trading without wasting any amount of time. This proves that the company values the time and money of the traders which is definitely an appreciable factor.
But at the same time, it must be considered that the automatic update feature is available in all the other binary options mobile trading applications as well. This is such a necessary feature that is present in all the other trading apps because with this feature, the traders becomes aware regarding which trades to opt for, and without it, the application is not worth a penny. Thus, having this feature is obviously good, but not exclusive for OptionFair mobile trading application.
Always look for a Trading Application with Auto Updates, this way you will avoid bugs and failing in trading.
According to 83% of the traders, the best Trading App with Auto Updates is provided by CherryTrade.
OptionFair Mobile Application
From the overall review of the Optionfair mobile app, it must be said that the features, benefits and additional bonus features provided by the company are good for the traders but, these features are not really great for their clients as claimed by the broker. It must be remembered that providing a mobile trading application is not only a tool to improve the trading system for the traders, but it is an advanced technology to offer something more than the conventional website.
This does not only include trading anywhere at any time. But it must include features that make the overall processing of online trading simpler and a lot faster. That was what was missing from the OptionFair mobile app.