Financial transactions have undergone significant changes over the past few years. Today, all transactions are done online. Rapid advancement in technology and increased Internet access offer more opportunities to earn money. That has made trading easier, more accessible, and most importantly, more convenient.
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What is mobile trading and why is it so popular?
Mobile trading is basically trading from a smartphone using wireless technology. That allows traders to access the trading platform from a smartphone and conduct financial transactions from anywhere, be it on the bus to work, the train to work or simply on the passenger car. Traders are no longer limited to traditional trading methods via desktop or laptop computers. Mobile trading gives you absolute freedom, and that’s why it’s so popular. When you don’t have a desktop, you can use the trading app to make new trades or keep track of existing trades.
The main advantages of using a trading application include:
- Absolute freedom. Trade and earn anytime, anywhere while doing other things;
- Data protection. Mobile applications are protected from data leaks and run on major operating systems;
- Convenient. Manage your account, deposit and withdraw money quickly and conveniently;
- Push notifications. Enable audio notifications in the app to keep your hands on the market pulse, receive trading signals and stay up to date with all the important news and events;
At the same time, mobile transactions also have certain disadvantages. This includes:
- In the absence of a local Wi-Fi connection, you may need to switch to mobile broadband, which can be quite expensive and the signal may not be strong due to lack of broadband coverage. If you use mobile internet a lot, choose an unlimited data plan;
- Not all of the above functionality on the desktop is available in the mobile app. However, here it can be said that you may not need those features on the go.
If you want to start trading via smartphone, you need a good device as not all phones are suitable for trading. After all, smartphones are trading tools and choosing the right device can significantly affect your trading results. So, before we give you some advice on choosing the best app, let’s look at some key criteria of a good mobile device to make a good choice for online trading.
Screen size
If you spend hours every day staring at a smartphone screen, checking price action, make sure the smartphone screen is larger than 5 inches. Using all the features and trading tools with a small screen can be difficult. Consider getting a phone that’s bright enough for outdoor viewing and sharp enough to avoid blur while you’re trying to find the right entry point on a trading chart. Do not use resolutions below 1920 x 1080p.
The battery
Choose a phone with a long battery life and a fast-charging battery. If your trading system is inherently risky and trades in highly volatile market conditions, you need to make quick trading decisions. If the battery dies when you need to trade fast that can lead to significant losses. So the longer the phone can go without charging, the better. Choose a device with over 10 hours of battery life.
Operating system
Today, most smartphones run on the four most popular operating systems – Apple’s iOS, Google’s Android operating system, Microsoft’s Windows Mobile, and Blackberry OS. Most of the trading apps support iOS and Android, so we recommend choosing one of them, depending on your preference.
How to choose a trading application?
When looking for a great trading app, you should consider several important aspects. First of all, the search should be based on your level of trading experience. Some apps are easy to use, while others are complex and require you to gain a certain level of expertise before you can use them. While new traders will feel more comfortable using a simple app, seasoned traders may require more functionality such as copy trading, watchlists, calculators, etc. transaction calculator, etc. The more features an app has, the better. Here are some other criteria to consider when choosing a trading app:
OS compatibility
If you trade from different devices, choose an application that uses the same operating system (OS). In addition, the operating system on your phone must be compatible with your trading application to ensure smooth operation of the operating system.
Selection of trading instruments
A good mobile trading app will provide access to multiple markets. You will be able to have access not only to the forex market but also to the stock and commodity markets. A wide range of assets allows you to diversify your risk, which is essential in trading.
Display
The interface is not only about how the application looks and designed, but also about convenience. The best trading application should have an intuitive and user-friendly interface.
Best trading app 2022
Today, most brokers offer mobile apps that allow customers to follow the latest market updates and execute trades with just a few taps on the screen. Lip floor AMarkets online world is not an exception. It has designed a trading app that allows you to trade, deposit and withdraw funds from your trading account, stay up to date with the latest market events, company news, promotions and offers bonus.
With the AMarkets app, you have access to the online trading platform (MetaTrader), so you don’t need to download it separately. You can open an account and become a customer of the company through the app. Simply complete the registration, select the desired account type, verify your personal information and you are good to go.
Key features of the AMarkets app include:
- Real time quotes
- Over 250+ trading instruments: cryptocurrencies, currency pairs, stocks, bonds, metals, commodities, indices
- Daily market review and analysis
- Trading ideas from top experts of AMarkets
- $10,000 demo account to test your trading strategies
- Manage multiple accounts
- High security and account protection
- Quick registration and verification
- Available in 5 languages
- Supported on both Android and iOS
As you can see, mobile trading can be a great alternative to traditional online trading.
Trading and investing in financial markets has never been so easy. Without a doubt, trading applications are a new stage in the evolution of trading.
With the app Trading of AMarkets, you can actively trade from anywhere in the world. Free, easy to download and customize. Has an intuitive interface, so you’ll get the hang of it pretty quickly.
