Is the ETX Binary App a Practical Arena For Day Traders?

By | Jun 21, 2017

Despite being an experienced investor with a fairly substantial portfolio, I had never really understood the appeal of Day Trading before. I particularly enjoy the sense of ‘going on a journey’ with my investments, and probably hold out more than the average trader; the prospect of trading over a period of minutes or days seemed just too easy, and less satisfying. But could some of my negative connotations surrounding Day Trading be removed through the ETX Binary App?

 First Impressions

The sheer speed of the market updates immediately struck me when opening up the app for the first time. The trading figures in the ‘Trade Arena’ update incredibly rapidly – every three seconds; this means trades can be made in as little as 60 seconds. I have to admit I found this to be an exciting and engaging prospect.

Navigating around the app, I found all information to be clearly displayed – market closing time, current market position and payout. The first view is a scrollable display of all markets. However, specific market categories can be selected at the touch of a button, so it is easy to find the options you are looking for.

The Boundaries and Potential Returns

Day Trading with ETX offers returns of 65 – 100% on the original investment. If your bid is incorrect, 100% of the money invested is lost; as in all speculative trading, you need to consider how much money you can afford to lose. Trades can be made with as little as £10. The limit? £5000 – a range to suit both cautious and confident traders. The app offers users the opportunity to trade with Short Options (trades between one and four minutes), as well as Spread and High/Low trading (trades up to 30 days). All the main markets are included – Forex, Stocks, Commodities and Indices.

The Trading Process

The app is intuitive and simple; it makes the trading process effortless. Within a couple of minutes I had added funds to my trading account and had taken my first steps in Day Trading. I felt a real buzz of excitement as the minutes ticked by and I saw my investments fluctuate. A key benefit of the ETX Binary App is the fact that everything is instantaneous – including the deposit and withdrawal of funds.

The Verdict?

ETX’s Binary App offers the fast pace of Day Trading at the touch of a button; wherever you are you can keep an eye on the markets and trade with the potential to earn quick, substantial returns. It is easy to use, and has led me to discover new markets and trading options. The app provided me with an inspiring introduction to Day Trading, and removed my previous misgivings.

What do you think about using an app to trade? Have you discovered Day Trading?

Category: Softwares

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