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The Binary Options Trading Software is normally provided for free by the broker. You can download and use it any time you want. From our research, there are no additional costs. The broker earns money by trading commissions and provides the software for free to its traders. Binary Options Trading Software is secure by using a regulated brokerage. We do not recommend using an unregistered broker for trading Binary Options. Be careful where you sign up. In addition, the track record of the company is important too. If you are using a well-regulated and known broker, it is very safe to use Binary Options Software.

Having covered the best binary software solutions for binary options trading, we’ve done a good deal of the legwork already. But the fact of the matter is that there is no one-size-fits-all solution—we can’t actually tell you which one of these choices will work best for you. And to be frank, the odds are that you can’t exactly tell which one is the optimal choice for you either, at this point. To actually get to the bottom of that puzzle, you need a good overview of what factors make a good broker or exchange so you can compare all the possibilities in earnest.

In the next section, we’re going to cover all the components that you should take a look at before committing and opening an account. But first, let’s backtrack a bit and explain why software plays such an important role in trading binary options. Binary options are traded in the short-term—the tenor or expiration date of most binaries is usually one week at the high end and could be as short as 10 seconds in the case of certain highly-specialized software providers.

No matter what timeframe you intend on trading at, the reliability and speed of your chosen platform will be crucial to success. Reliability is more or less self-explanatory—with such a short timeframe and a very volatile financial instrument, you need things to go through as close as 100% of the time as possible. A platform that isn’t reliable will end up costing you a lot of money in unrealized gains. Likewise, speed is of the essence—you’ll want to find a platform that is responsive, and intuitive, and will allow you to change course or take opportunities at a moment’s notice.