Many traders in the Netherlands use mobile apps to trade. Many brokers operate in this country, each offering their own platform. Before making a choice, it is important to evaluate apps to find the one that perfectly suits your goals and strategy. TU analysts compared Top 5 mobile apps. You will be able to choose the Best Binary Trading App in the Netherlands for 2024, based on our assessments.
Pocket Option is an unregulated broker focused on cooperating with professional traders who do not need training or additional bonuses.
Binary is the right broker for those who appreciate a variety of financial instruments. Due to the low minimum deposit, the company is suitable for novice traders who do not want to risk large amounts of money.
IQcent is suitable for traders who are ready to trade CFDs and binary options through the broker’s proprietary terminal. IQcent's trading conditions are suitable for both beginners and experienced traders, who can access more than 100 trading instruments through the broker's terminal.
Nadex is a highly regulated transparent binary options broker, but so far almost inaccessible to CIS traders.
Olymp Trade broker is focused on providing clients with binary options and is perfect for both novice and professional traders.
Best Binary Trading App in the Netherlands for 2024
| Pocket Option | Binary.com | IQcent | Nadex | OlympTrade | |
|---|---|---|---|---|---|
|
Trading platform |
MT5, Web, Mobile |
WebTrader, Mobile |
WebTrader, Mobile platforms |
Nadex |
Webterminal |
|
Min deposit |
$5 |
$5 |
$20 |
$250 |
$10 |
|
Trading instruments |
currency |
indexes, Forex, goods, stock, random index |
currency pairs / CFD, Commodities, Options, Crypto, Currencies, Stocks |
Currencies, Assets of stock and commodity markets |
currency pairs / CFD, oil, BRENT grades, gold, silver |
|
Signals |
No |
No |
Yes |
No |
Yes |
|
Analytical support |
No |
Yes |
Yes |
No |
Yes |
|
Training |
No |
Yes |
Yes |
Yes |
Yes |
|
Additional tools |
Yes |
Yes |
Yes |
Yes |
Yes |
1
Best Binary Apps in the Netherlands - Pocket Option
The Pocket Option broker is part of Gembell Limited holding, which was founded by a group of professionals seasoned in trading and investment activities. The company is mass-market requirements-based, therefore, it provides quality services to binary options trading in the OTC market access. The broker strives to make the trading process as simple, clear, and convenient as possible. For this reason, Pocket Option has developed a unique trading platform to ensure stable trading for traders and investors.
👍 Advantages of trading with Pocket Option for traders in the Netherlands:
•low threshold for entering the market; the first deposit starts at $5;
•social trading platform generates passive income.
👎 Disadvantages of Pocket Option for traders in the Netherlands:
•not licensed by any reputable regulator;
•to trade Forex through MetaTrader 5, you need to deposit at least $1,000;
•support service responds within 24-48 hours, which is also too slow.
2
Best Binary Apps in the Netherlands - Binary.com
Deriv (Binary.com) offers trading services with a focus on derivative products like binary options and CFDs. The company has a history that dates back to 1999 and is regulated by several entities including the Malta Financial Services Authority (MFSA).
The broker also offers competitive fees and a low minimum deposit, making it accessible to traders with varying budget sizes. Flexible trade duration varies from 1s to 365d.
Deriv Multipliers blend the potential gains of leveraged trading with the controlled risk associated with options. This trading type allows traders to increase their market exposure while managing risks with built-in features like stop-loss and take-profit orders. Multipliers provide a balance between high-risk trading and traditional instruments.
👍 Advantages of trading with Binary.com for traders in the Netherlands:
•extensive experience (the company has been operating for more than 20 years) and the availability of a regulator;
•the minimum amount for replenishing and opening a bid is $5 and $1, respectively.
👎 Disadvantages of Binary.com for traders in the Netherlands:
•online chat for support is not available on the company's website;
•no cent account;
•sometimes there are platform failures;
•there is no trust management accounts;
•sometimes there are delays in the withdrawal of funds;
•some clients have difficulties with the registration process;
•sometimes technical support takes a long time to respond.
3
Best Binary Apps in the Netherlands - IQcent
IQcent is a Marshall Islands-registered broker that offers access to online CFD and binary options trading. The company accrues many bonuses to customers and allows you to use electronic payment systems for depositing and withdrawing funds. IQcent offers a proprietary terminal with built-in technical analysis tools that support standalone and copy trading. The company also has a trading platform for mobile devices (mobile app). IQcent clients get trading access to the following instruments: binary options, CFDs on stock indices, gold, silver, currencies, and cryptocurrencies. In total, more than 100 trading instruments are available to IQcent clients. The company does not charge commissions for making a deposit, withdrawing funds in cryptocurrency, and maintaining a trading account. IQcent provides clients with access to primary training articles and guides and uses modern technologies to ensure the safety of client funds and users' personal data. 256-bit SSL encryption, 3D Secure, and Visa MasterCard Secure Code are used to achieve these goals.
👍 Advantages of trading with IQcent for traders in the Netherlands:
•The available minimum deposit is $20 on a Bronze account.
•A simple but functional web trading terminal that does not require installation and is compatible with most devices.
•Regular update of bonus programs.
•The ability to receive additional income for attracting new customers.
•Access to trade in more than 100 financial instruments, including currency pairs, cryptocurrencies, stock indices, gold, and silver.
•Availability of useful tools such as technical and fundamental analysis tools, a section with current news, and an economic calendar.
•The support team, including online chat operators, is available 24/7.
•Regulation IFMRRC.
👎 Disadvantages of IQcent for traders in the Netherlands:
•IQcent does not provide MetaTrader terminals.
4
Best Binary Apps in the Netherlands - Nadex
Nadex is a binary options broker working mostly with US and EU traders. The company was founded in 2009, officially registered in the State of Illinois, and regulated by US law. The broker's regulator is the CFTC (Commodity Futures Trading Commission). The main competitive advantage of Nadex is its completely transparent work, controlled by one of the most reputable regulators in the world. A distinctive feature of the broker is unique binary options products and direct access to the US exchanges.
👍 Advantages of trading with Nadex for traders in the Netherlands:
•regulation by CFTC;
•binary options toolkit is easy to use.
👎 Disadvantages of Nadex for traders in the Netherlands:
•the broker works through an intermediary from the EU;
•commission for each trade is US$1;
•limited range of offered products (3 types of options);
•all information on the site is in English only;
•complex verification procedure that meets the requirements of US legislation;
•high entry threshold - $250;
•there is a flat fee for withdrawing money - $25.
5
Best Binary Apps in the Netherlands - OlympTrade
The Olymp Trade brokerage company was founded and licensed in April 2012. The company launched a mobile version and an app in 2013. The broker founded Olymp Trade Academy and began providing binary options services to traders in March 2015. The company has over 10 awards including 3 international accolades. It is regulated by the International Financial Commission (IFC).
👍 Advantages of trading with OlympTrade for traders in the Netherlands:
•convenient platform interface;
•low minimum deposit of $10;
•beneficial trading conditions.
👎 Disadvantages of OlympTrade for traders in the Netherlands:
•few trading instruments;
•no tournaments or contests for traders;
•delays when withdrawing funds;
•few deposit and withdrawal methods;
•no investment programs;
•only two trading platforms;
•different trading conditions for different assets.
Best Binary Trading App in the Netherlands 2024: Education for Investors
When choosing the app, it is important to consider educational tools offered by brokers. TU analysts prepared a comparison of educational programs.
Pocket Option - Education for Investors
Investment Education Online
Information
There is a "Training" section on the Pocket Option website, but it is not informative enough. Find more information in the "FAQs" sub-section of the "Help" section. There is practically no information about Forex trading.
The broker allows opening a demo account, which allows you to improve on your trading skills without financial risks.
Binary.com - Education for Investors
Investment Education Online
Information
The Binary website has an educational section where you can get the information you need to trade options, currency pairs, and futures contracts, as well as metals successfully.
To use in practice the knowledge that the trader received on the Binary website, the experts of the brokerage company recommend opening a demo account. Training on a free practice account will give novice traders the experience and skills to trade on a real account.
IQcent - Education for Investors
Investment Education Online
The IQcent website lacks a full-fledged training section. To help beginners, there is a block with answers to frequently asked questions (FAQs) about starting trading and registering with a broker.
An effective training tool can be a demo account. However, to gain access to it, a trader must open a real account and replenish its balance with at least $20.
Nadex - Education for Investors
Investment Education Online
Information
As support for newcomers and professional traders, a separate section has been created on the Nadex website, which contains both the theory of binary options trading and analytical reviews of the markets.
OlympTrade - Education for Investors
Investment Education Online
Information
Olymp Trade Company helps traders to improve their skills. The broker also provides clients with the "Training" section, which contains 296 hours of training materials.
To enhance training efficiency, it is recommended to apply the knowledge acquired in practice using a demo account simultaneously with studying the theory. It can be used by both a novice trader for training and by a professional to test a new trading strategy or trading style. Practicing on a demo account helps you to gain the necessary experience and avoid possible losses.
Summary
In this review, you had an opportunity to learn about the features of 5 brokers, which traders in the Netherlands choose the most. However, now you need to choose the best of them. You can do it using the scores given by the Traders Union. Check out the score table that will help you choose the Best Binary Trading App in the Netherlands 2024.
| Pocket Option | Binary.com | IQcent | Nadex | OlympTrade | |
|---|---|---|---|---|---|
|
Overall score |
6.87 |
8.11 |
6.75 |
4.76 |
6.51 |
|
Execution of orders |
9.52 |
9.82 |
9.21 |
5.32 |
9.43 |
|
Investment instruments |
4.29 |
9.54 |
1.54 |
1.11 |
1.09 |
|
Withdrawal speed |
9.64 |
10 |
7.24 |
8.84 |
8.21 |
|
Customer Support work |
4.38 |
5.41 |
8.46 |
4.17 |
8.62 |
|
Variety of instruments |
6.01 |
5.12 |
8.86 |
2.39 |
8.53 |
|
Trading platform |
7.38 |
8.76 |
5.19 |
6.72 |
3.19 |
|
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FAQ
Do I need to pay for downloading the app?
Brokers do not charge a fee for downloading their mobile app. They are provided for free.
Does the functionality of apps differ from that of the web version?
It depends on the broker. A good quality mobile app replicates the functionality of the web version either fully or as much as possible.
Can a platform function less effectively in the app than in the web version?
The platforms of reliable brokers with good apps work as smoothly as the web version. Therefore, there are almost no instances when the app runs poorly and the web version runs well. That may happen only in case of technical failures, which also happen rarely if the app is good.
Are there versions of the apps for tablets?
In some cases, Forex brokers develop separate versions of apps for smartphones, tablets and even for TV sets.
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Team that worked on the article
Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.
Olga Shendetskaya has been a part of the Traders Union team as an author, editor and proofreader since 2017. Since 2020, Shendetskaya has been the assistant chief editor of the website of Traders Union, an international association of traders. She has over 10 years of experience of working with economic and financial texts. In the period of 2017-2020, Olga has worked as a journalist and editor of laftNews news agency, economic and financial news sections. At the moment, Olga is a part of the team of top industry experts involved in creation of educational articles in finance and investment, overseeing their writing and publication on the Traders Union website.