For traders who are looking for the best binary options trading platform to meet their needs, this ProTrader review aims to give them all of the information that they need to make an informed decision.
A relatively recently established platform provider, ProTrader is finding a strong foothold in the market thanks to its high levels of customisation to suit the preferences of all kinds of traders. Investors are able to set up their individual trading terminal according to their own requirements, even down to the colour scheme, which can be switched between two default varieties. Traders can also create several different workspaces, views between which can be easily interchanged. ProTrader trading platform has been designed with the needs of both novices and experienced traders in mind, with two pre-loaded workspaces, the Beginner and Professional, so that users can easily select the one that best meets their requirements and to get started if they wish without bothering with customisation. Although the charting area of the ProTrader platform is quite small, the overall design is sleek and professional-looking, making it a smart choice.
The ProTrader trading platform is very functional, with all of the functionality to be expected from a multi-asset platform. With more than 60 technical indicators and even customised time frames, this platform offers investors the option of even overlaying multiple charts for analysis purposes. The platform even has the in-built Depth of Market features which are currently so in-demand among investors, and these are leading the way in the industry.
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ProTrader enables the trading of a wide range of assets and instruments, offering investors the option of selecting stocks, forex, options, CFDs and futures. This offers enough variety to keep demanding and experienced traders satisfied.
ProTrader Advanced Trading Tools
The ProTrader platform has an impressive range of specialist tools that make this software especially suitable for more advanced users. Some of these features include:
A professional panel designed for high-frequency, short-term trading, this tool provides a comprehensive functionality with tick charts overlays, mouse trading mode and level 2 quotes etc.
ProTrader’s chart trading tool is able to raise the speed of the management of multiple orders and positions. Orders can be modified using drag and drop, and positions can be opened and closed with just one click.
Time & Sales
This is an analytical tool showing information about trades and level 1 quote data.
This module is designed to work conveniently with Market Depth, providing the ability to modify, enter and cancel orders with a single click.
This tool enables custom sets of orders to be saved and sent on demand.
This tool tracks market sentiment,displaying level 2 and level 1 quotes together with a built-in order entry.
This module allows the programming and testing of a variety of algorithmic strategies to give traders a more in-depth analysis of market trends.
This tools allows the estimation of option positions, the ability to plot option profiles and to model their change based on varying market factors.
A useful tool for investors who prefer to trade portfolio strategies, this feature enables traders to build their own portfolio chart, to trade their portfolio as a single asset and to set coefficients between the values of instruments.
This tool enables traders to connect and trade with the list of well known worldwide brokers.
ProTrader Binary Options Software Platforms
The most popular version of ProTrader’s trading platform is available for desktop, however there is also a web-based version which is ideal for Mac users, although it can be used on any operating system and with any browser. The interface of the web-based system is also fully customisable and offers impressive functionality, being easy enough to use that even a beginner can get to grips with it. With a wide choice of trading tools, customised workspaces and advanced charting functionality, this is a great choice for anyone requiring a lightweight and speedy trading platform.
ProTrader are also aware of the importance of mobile trading, and with increasing numbers of investors turning to their smartphones and tablets to carry out their trades and check their assets, they have developed an impressive downloadable mobile application for both Android and iOS devices. With its rapid and convenient access to advanced trading tools, the mobile app has a user friendly, innovative and intuitive interface with access to a wide choice of assets including forex, options, futures and CFDs while on the go. With its in-built Pocket Assistant facility, traders on the move can even stay up to date with market trends.
Overall, ProTrader is an advanced and impressive platform offering plenty of customisation. Perhaps better suited to more experienced traders, it offers a great range of assets to choose from as well as a wide selection of high quality and professional analytical tools.