There are many reasons why Foreign exchange is the only financial market with positive growth figures through these past years of global economic turbulence. However, one of the most important reasons is the introduction of mobile-based platforms or rather mobile applications. These applications allow traders to participate in trading functions on-the-go doing away with the constant necessity of sitting in front of a desktop. There are already quite a few apps on offer, mostly from the same providers of desktop-based software. However, it all comes down to the best Forex Mobile Trading Platform.
These applications are meant to provide users with a complete set of functions. Desktop-based Forex trading platforms form the base to everything that Foreign exchange trading has become. Moreover, these software programs provide comprehensive solutions to everything that a trader might need to do on the market. Mobile devices are meant to provide the best possible set of functions if not all of them for users onto a smaller display. However, as for features, read on for –
5 Features to look for in best Forex Mobile Trading Platform:
- Easy Navigation
Mobile devices come with touch functions which are meant to be easier than using as a desktop mouse or even a conventional laptop touchpad. However, all of these features are of limited use if the mobile app itself does not reflect ease of use. Moreover, this is just what the best Forex Mobile Platform ought to have.
- Added UI Integration
Easy UI makes the software better to use on the whole. There are more than a few things which need to be taken into consideration when it comes to making a trade in Forex. The best Forex Mobile Trading Platform will make it even easier for a professional trader to execute a trade right from the mobile device.
- Live Market Updates
Transactions in Forex are directly related to the price action or live market charts in more ways than one. For traders, the live market chart is everything when it comes to a transaction in this financial market. Moreover, any Forex trading platform irrespective of the device needs to have live market charts.
- In-Built RSS feeds
Trading in this market is highly related to the factors outside it which in turn have adverse effects on every single transaction. News and events which might have a hand in the Forex market can give a professional the all-important heads up towards unprecedented price action. The best Forex Mobile Trading Platform comes with inbuilt notifications for this news and events which are directly hosted to the user.
- Accurate Trading Functions
The business end of Forex trading is the actual trading functions, trade orders as per the strategy and the pair. A mobile app without proper trading functions is something which is not a proper trading platform at all.
The best Forex Mobile Trading Platform will have all of these features integrated appropriately and smoothly. Professional traders will benefit with these features making trading on-the-go with accuracy and ease.
The content of this article reflects the author’s opinion and does not necessarily reflect the official position of LiteForex. The material published on this page is provided for informational purposes only and should not be considered as the provision of investment advice for the purposes of Directive 2004/39/EC.