forex trading app
forex trading app |
- Top 3 Best Mobile Trading Platforms for Forex - FXDailyReport.com
- Updated OANDA fxTrade mobile app enhances rates screen - FinanceFeeds
- MetaTrader Mobile Trading | Forextime (FXTM) | ForexTime - FXTM
| Top 3 Best Mobile Trading Platforms for Forex - FXDailyReport.com Posted: 27 Mar 2019 04:45 AM PDT  Thanks to the advent of smartphones and tablet devices, traders do not have to stay glued to their computers and seats all day long. Back in the day, it was always a torment knowing that a news trade was about to take place, but one would either be stuck in traffic or engaged in some other task and it would be impossible to monitor the news or the charts beforehand, let along being able to take the trade. But along came the smartphones and tablets in 2007 and everything changed. Now you can be in the loo, on the beach, or even in an Uber ride and have the ability to check on your trade positions or monitor other goings-on in the market, straight from your hand-held device. This has brought a lot of convenience into trading activities. But what would be considered as the best mobile trading platforms for forex trading? If you are a retail trader, you would probably consider the MT4 and MT5 as being almost top of the list. But mobile trading is not for retail traders alone. Those who trade at prop firms and even institutional traders can also check up on some trading related stuff on their mobile devices as well. So you also have platforms that cater to this end of the market. So here is a list of what we consider to be the best mobile trading platforms available today for forex trading. Related Articles: The MetaTrader mobile app is a generic mobile application, which is used to serve the many forex brokers that offer it. So you actually do not get a branded mobile trading platform. This has its advantages and disadvantages. For instance, the mobile apps are lighter versions of the desktop and web-based versions, so it is easier to access charts and basic analysis tools on the mobile app. But the disadvantage is that a lot of the functionality required for in-depth analysis has been sacrificed. So when compared with mobile apps such as the LMAX Global mobile app (which we shall discuss later in this article), the MT4/MT5 mobile apps are a bit deficient in this regard. Also, it is impossible to trade the news effectively as there is no way you can scroll from the news bar to the charts to react quickly enough before the initial news spikes. The mobile apps for MT4 and MT5 have the following features:
 It must be said that the latest versions of the MT4/MT5 mobile apps are a vast improvement over the earlier versions, and trading is a lot more seamless now than it used to be in the early days.
LMAX is a forex brokerage that provides ECN trading services to its clients. Its product suite is tailored more to institutional clients, but it is also open to traders who have the financial muscle to trade forex using ECN-style conditions. LMAX has a mobile app suite known as LMAX Global. The LMAX Global mobile app suite, is available for both iOS and Android devices, and comes as a 3-in-1 package. The components of this app are:
The LMAX Global mobile app delivers full trading functionality along with other features available on ECN platforms such as:
Traders can also place trades with the 1-click trading facility, achieve partial closure of trade positions and up to 5 market depth levels.
 Among the mobile apps provided by LMAX is the VWAP app, which provides market depth of up to 20 levels as well as market data for FX assets, indices and precious metals. You can also transit effortlessly between trading venues to seek out the best pricing. This app provides the same functionality you would get from using the desktop versions of the LMAX trading software. Perhaps the only drawback of using this mobile app is that it uses live data feeds, which can lead to huge data consumption and increased costs of internet data for the user.
While this is not a trading platform per se, the TradingView mobile app can be used adjunctively in trading as it comes with many features that can be used during the core trading process. TradingView allows traders and investors to share trading ideas, setup price alerts once key levels have been reached on charts, and also have access to an advanced charting application which contains various tools and indicators. You can create and customize your own watchlists on TradingView, allowing you to follow just those assets that you are interested in trading.
 Interface of TradingView Chart from Smartphone The charting package provided by TradingView is arguably one of the in the retail forex industry, and on the mobile platform, they are just as visually appealing and as powerful as the web-based package. The benefit of using TradingView charts is that it also features market data for other CFD assets found on retail forex platforms, and not just FX assets alone. These are some of the mobile applications for trading that beginners must get accustomed to, which will enable them to trade on the go effectively. Rate this post:
 |
| Updated OANDA fxTrade mobile app enhances rates screen - FinanceFeeds Posted: 01 Mar 2019 12:00 AM PST Traders can see the daily change in pips on the rates screen.  Online trading services provider OANDA Corporation has just updated its OANDA fxTrade Forex Trading mobile app for iOS-based devices, with the latest version (5.5.12) of the solution introducing enhancements to the rates screen. Traders can now see what markets are closed (greyed out with a clock icon). They can also see the daily change in pips on the rates screen. Let's mention that the company has fixed a number of bugs in this release of the app. It has been a while since OANDA updated its iOS app. Noteworthy enhancements include the introduction of SMA Price Signals in June 2018. This feature enabled traders to configure a Simple Moving Average to send them a push notification when it crosses the current price.
The OANDA fxTrade app for iOS gadgets offers traders access to live, real-time prices to trade major, minor and exotic instruments on the world's top financial CFD, forex, and precious metals markets. Users can trade flexible lot sizes with competitive spreads supporting multiple sub-accounts. Users of the app can trade faster and easier from a single view placing orders directly on the chart. The solution also offers more than 50 technical tools, including 32 overlay indicators, 11 drawing tools, and 9 charts to easily edit your take profit, stop loss and trailing stop orders. Traders can manage positions, control risk, and monitor account profitability in one touch to react to market activity in real-time wherever they are. The users of the app can also benefit from automated custom notifications on price alerts, order expiry, upcoming economic calendar events, and global market news from leading providers.  |
| MetaTrader Mobile Trading | Forextime (FXTM) | ForexTime - FXTM Posted: 12 Mar 2019 04:55 AM PDT Download the MetaTrader 4 and 5 mobile trading applications, fully-fledged mobile trading platforms for iPhone/iPad and Android. Trade Forex anytime, anywhere with the industry's most popular mobile trading apps. Already using MetaTrader with another broker? Switching to FXTM is quick and easy - after all, time is money.  |
| You are subscribed to email updates from "forex trading app" - Google News. To stop receiving these emails, you may unsubscribe now. | Email delivery powered by Google |
| Google, 1600 Amphitheatre Parkway, Mountain View, CA 94043, United States | |
Comments
Post a Comment