Binary option trading platforms provide the essential features to the binary options traders to carry out the trading activities. It is a web-based arena where traders deal with binary options and predict the changing trends in the values of the assets. An ideal trading platform must be efficient, risk free and save operational time.
TradeSmarter Trading Platform claims to be one of the simplest and most user-friendly Binary Options Trading Platforms. The trading techniques used on this platform are not different than those used on any other, but the features are notable additions that provide an edge to it over its competitors.
With a simple user interface, the Trade Smarter Trading Platform offers a flexible trading layout that can be customized according to the needs of the trader. Depending upon the styles of trading, the binary traders can adjust the appearance of the trading station. If the trader prefers to focus on one asset at a time, then he might choose the box option for the trading station as it provides greater detail regarding the trends of the values of the assets. The traders who are planning to invest in multiple assets can benefit from the list layout that helps in monitoring multiple assets at a time.
Beginners might need a little guidance to become familiar with the layout of the Trade Smarter Trading Platform. The visual appearance is not very flashy and the platform provides all the standard features for binary options trading. The traders can view open positions at a particular time through a tab that is constantly updated. It displays the trades and their status along with the expiry periods and current prices of the assets. It displays whether the trade is in the money or out of the money at a particular time for the benefit of the traders.
Another notable feature of TradeSmarter Trading Platform is the trading history that is displayed by clicking the My Trades option. It provides the traders with a summary of all the trades that they have conducted in the past along with a list of the profits and losses that have been incurred. It also provides a summary of the account balance and the transactions carried out by the traders in an excel format.
The platform also has a Market Sentiment Bar that is an interesting addition as it displays the general trend that is being followed by the binary traders regarding the choice of call and put options for the value of a particular asset. Binary options traders can use this information to their own advantage but the trader must not rely solely on this data.
To view complete details of the asset, the trader can use the Asset Index Option that allows him to view the past behavior of the asset in detail. The Account Balance Option on the platform allows the traders to access their account information, including the available balance and the amount invested at a particular time. TradeSmarter Trading Platform provides all the basic features that are required for carrying out Binary Options System.