Mobile trading refers to trading in the stock market, using a smartphone. It is more advanced than traditional trading which was done through a computer, in addition to it being quicker and easier. A user can buy and sell stocks, as well as manage his portfolio on his mobile phone, with the help of a multitude of apps. It has become popular, though not a common mode of trading, with almost all stock brokerages offering iPhone and Android apps available to users, who wish to trade from their mobile devices. The search engine turned financial site is a must-have
app for mobile trading. It features charts and news. It offers detailed quotes and charts for most companies. While its charting isn’t as advanced as other offerings, it’s a decent interface overall.
Mobile trading gives users a platform to trade from anywhere in the world, as long as they have an internet connection. There is the ease of transacting while using a mobile device, as orders can be placed quickly and effortlessly. Customers have access to live data at their fingertips, which helps them make effective investment decisions. Mobile trading helps a trader be in complete control of his investments and does not bring in any outsider interference, such as a broker. There are various additional features on present-day apps, such as price alerts, market research, historical data and graphs, etc., which are highly beneficial to an investor. Mobile trading gives the investor the advantage of monitoring his investments in real-time.
Some apps allow you to access market data and news without having an account. However, to place live trades, you will need an account with a broker. After creating a trading account with a broker, you can download their mobile app, which may be a common app like MetaTrader 4 or a proprietary app made by the broker. After logging into your live account on the mobile app, you will be able to access a variety of features. Regardless of the app, they all share basic functionalities such as viewing market quotes, placing, and managing trades, and viewing charts. Some apps have advanced tools, such as live news and signals.
