Binary Options Platforms
Most Binary Options Brokers use a ready made trading platform. There are some exception, but the vast majority use an existing platform. This has both advantages and disadvantages of course. The major advantage is that the platform is tried and tested and will exhibit very little niggles or bugs when launched. The disadvantage is that everybody have similar features, with none really standing out from the rest. Binary Options Trading is fairly new and we will see advances in technology as time goes by. It wouldn’t surprise me if we will soon see MetaTrader offered as a trading platform by some broker. MetaTrader is now uses for spot Forex but could easily be adapted to Binary Options.
Let’s now take a look at the trading platforms available to us. Before we start going into them individually I would like to state a few thing they all have in common. All these platforms are web based, in other words there is now software to download and install. The chart quality is very low in fact so low quality on some platforms that I am amazed how someone actually can trade from them. Having mentioned the commonalities lets take a look at the platforms: