Before leaving for a function few blocks away, Mr. Jones makes some Forex trading on his PC. While in his car, he flips his laptop open and continues his trading. He can enjoy his trading sessions until he arrives at the function. What a convenient way of trading, isn’t it?
Mr. Jones lasted there for long hours. Surely, he could have used his spare time to trade much more. But with his PC and laptop away from him, there’s no way to trade at all. He could have used his laptop but tinkering with it inside the function might be a tad awkward.
Mobile Forex Trading
Fast forward to 2019, the limitations of trading has been wiped out by a wave of advanced technologies. It is now the year of ultra-mobility that continually changes everything we do – including how we do Forex trading.
These days, you can conveniently hold the convenience of PC and laptop in your hands. This is now possible through the availability of powerful mobile devices such as smartphones and tablets. And with the now-ubiquitous apps, Forex trading can now be done from anywhere, at any time.
As with Mr. Jones, he’s too thrilled to try Forex trading on his smartphone. This is how he started:
First, he sifted through the list of available free Forex apps to find what’s best for him and downloaded it. He also tried the paid forex apps, with few more features that he could try out.
Here are some of the best apps that he likes:
FXCM – this app is available for iOS and Android devices. It can pair, not just 30, but 56 currencies and comes with pinch and zoom features.
MetaTrader 4 – this app is available on iOS, Android, and Windows Mobile devices. It provides free analysis, news streaming, and additional tools to improve your trading results.
Trading Station App – it is designed for iPhones and iPads. It comes with additional extensions that can make the most out of your mobile trading experience.
Second, he installed the app on his smartphone. What he likes about it is it’s not too complicated to install. It’s just a quick installation with only a few clicks.
Third, Mr. Jones discovered that he doesn’t have to start all over again. Since he currently maintains a trading account with a particular Forex broker, all he has to do is to download its app version so he can continue with his trading.
Now, whether he’s in the elevator or on his way to a prospective client, he can sneak a few minutes to continue his Forex trading. He can now do his Forex trading from anywhere at any time. Now, that’s mobility.
Also read: The Importance of a Forex Trading Plan
