Nadex enables one-touch chart opening on its mobile app

Maria Nikolova

Opening a chart is possible via tapping on any strike price.

North American Derivatives Exchange, Inc. (Nadex), a US subsidiary of IG Group Holdings plc (LON:IGG), keeps its focus on the sophisticated US clientele, and has just released a new and updated version of its Nadex Binary Options mobile application.

The latest set of improvements, which cover the applications for iOS and Android-powered mobile devices, include a redesigned payments section, which makes it easier to deposit and withdraw funds via a variety of methods. Another improvement is one-touch chart opening – to open a chart, all traders have to do is to tap on any strike price.

The most recent enhancements come shortly after Nadex added a new Market Filter to the application, enabling convenient customization of binary options trading from one’s mobile device. The Market Filter allows traders to narrow the focus to the binary options and spreads that are in tune with their trading strategy and price preferences. On top of that, traders can save their filters and use them if they need them again.

The first version of the Nadex Binary Options mobile application was released in May 2012 and the solution has come a long way since its launch.

The app allows trading of intraday, daily and weekly short-term contracts with low collateral and completely limited risk. Traders can view real-time prices on contracts based on indices, FX, commodities markets or economic events. In addition, the solution gives its users access to customizable charts and technical indicators so that they can detect market trends more easily.

The app also allows the creation of watchlists in order to allow for faster, smarter trading.

Nadex is subject to regulatory oversight by the United States Commodity Futures Trading Commission (CFTC). All transactions are secured by 256-bit SSL encryption technology, which is the industry standard used by online banks too.

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